NOT LISTED FOR SALE

Estimated Value: $623,000 - $688,000

4 Beds
2.5 Baths
3,090 Sq Ft
$209/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $581,112 $188 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,024/month

9 Days on Market

Highlights

  • Colonial Architecture
  • Home Gym
  • Breakfast Room
  • Wood Flooring
  • Den
  • 2 Car Attached Garage

About This Home

As of August 2022

Welcome to the lovely Borough of Perkasie! Penny Lane is located in the family friendly neighborhood of Highland Woods. Its sidewalks lead to the downtown, foot and bike paths, as well as, schools for all ages. Patricia Guth Elementary, North Middle, Pennridge High, and Bucks Community College are all within walking distance. 533 is a welcoming home situated at the quiet back end of Penny Lane. It boosts a private yard, new Trex deck with accompanying patio and stone walkway, 4 foot black aluminum fence, invisible dog fence, and a two car garage featuring new overhead doors. This home welcomes any buyer with new windows, new roof, and finished basement large enough to accommodate an exercise area and family room for movies and game nights, as well as, closed storage and a bonus room. The main floor features mahogany hardwood throughout, granite countertops, 42 inch cabinets, gas fireplace, 1/2 bath, and convenient front hall coat closet. This home's second floor completes its appeal with a large master with walk-in closet and an en suite with a jet soaking tub. The upstairs appeal continues with a full hallway bath, linen closet, washer/dryer area and three good sized bedrooms with closets.
Come and see this beautiful home!

Last Agent to Sell the Property

Andrew Korkus

Coldwell Banker Realty Listed on: 06/28/2022

Coldwell Banker Realty

Last Buyer's Agent

Megan Waits

Addison Wolfe Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,962

Year Built

  • Built in 1998

Lot Details

  • Property is in excellent condition
  • Property is zoned R1B

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Home Gym
  • Breakfast Room
  • Wood Flooring
  • Laundry Room
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • Highland Woods HOA
  • Highland Woods Subdivision

Listing and Financial Details

  • Tax Lot 191-033
  • Assessor Parcel Number 33-006-191-033

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,962

Year Built

Built in 1998

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1998
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to the lovely Borough of Perkasie! Penny Lane is located in the family friendly neighborhood of Highland Woods. Its sidewalks lead to the downtown, foot and bike paths, as well as, schools for all ages. Patricia Guth Elementary, North Middle, Pennridge High, and Bucks Community College are all within walking distance. 533 is a welcoming home situated at the quiet back end of Penny Lane. It boosts a private yard, new Trex deck with accompanying patio and stone walkway, 4 foot black aluminum fence, invisible dog fence, and a two car garage featuring new overhead doors. This home welcomes any buyer with new windows, new roof, and finished basement large enough to accommodate an exercise area and family room for movies and game nights, as well as, closed storage and a bonus room. The main floor features mahogany hardwood throughout, granite countertops, 42 inch cabinets, gas fireplace, 1/2 bath, and convenient front hall coat closet. This home's second floor completes its appeal with a large master with walk-in closet and an en suite with a jet soaking tub. The upstairs appeal continues with a full hallway bath, linen closet, washer/dryer area and three good sized bedrooms with closets. Come and see this beautiful home!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Area, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Breakfast Room, Bedroom 1, Exercise Room, Laundry, Office, Bathroom 1, Half Bath
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3090
  • Living Area Sq Ft: 3090
  • Price Per Sq Ft: 266.31
  • Above Grade Finished Sq Ft: 2140
  • Below Grade Finished Sq Ft: 950
  • Total Below Grade Sq Ft: 950
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 533

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 180.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: HIGHLAND WOODS
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: PENNRIDGE
  • School District Key: 300200397141
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 26160.00
  • Land Assessed Value: 8920.00
  • Land Use Code: 1010
  • Lot Dimensions: 127.00 x
  • Lot Size Units: Square Feet
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: R1B

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 156232
  • School Tax: 4744.00
  • Tax Annual Amount: 5962.00
  • Assessor Parcel Number: 33-006-191-033
  • Tax Lot: 191-033
  • Tax Total Finished Sq Ft: 2140
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/05/2022

MLS Schools

  • School District Name: PENNRIDGE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2022
Closed on
Aug 13, 2022
Sold by
Geer David J
Bought by
Pugh Michael J and Pugh Jessica R
Seller's Agent
Andrew Korkus
Coldwell Banker Realty
Buyer's Agent
Megan Waits
Addison Wolfe Real Estate
List Price
$599,900
Sold Price
$581,112
Premium/Discount to List
-$18,788
-3.13%
Current Estimated Value
$644,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,548
Avg. Annual Appreciation
3.43%
Original Mortgage
$406,700
Outstanding Balance
$386,542
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$258,118

Purchase Details

Listed on
Jun 2, 2014
Closed on
Aug 4, 2014
Sold by
Decardona Gregory J and De Cardona Jennifer R
Bought by
Geer David J
Seller's Agent
June Croissette
RE/MAX 440 - Quakertown
Buyer's Agent
Andrew Korkus
Coldwell Banker Realty
List Price
$409,000
Sold Price
$395,000
Premium/Discount to List
-$14,000
-3.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.94%
Original Mortgage
$316,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2006
Sold by
Hofstaedter Thomas J and Hofstaedter Elizabeth J
Bought by
Decardona Gregory J and Decardona Jennifer R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,900
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 1999
Sold by
Luff Todd L and Burns Luff Kathleen
Bought by
Hofstaedter Thomas J and Hofstaedter Elizabeth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,700
Interest Rate
6.73%

Purchase Details

Closed on
Apr 23, 1998
Sold by
Sal Lapio Homes
Bought by
Luff Todd L and Burns Luff Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
7.05%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pugh Michael J $581,112 Cross Keys Abstract & Assuranc
Geer David J $395,000 Title Services
Decardona Gregory J $419,900 None Available
Hofstaedter Thomas J $194,700 --
Luff Todd L $183,840 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pugh Michael J $406,700
Previous Owner Geer David J $316,000
Previous Owner Decardona Gregory J $398,900
Previous Owner Hofstaedter Thomas J $114,700
Previous Owner Luff Todd L $174,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $581,112 +2.0% $188 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
07/02/2022 07/02/22 Price Changed $569,900 -5.0% $184 / Sq Ft
06/28/2022 06/28/22 For Sale $599,900 +51.9% $194 / Sq Ft
08/04/2014 08/04/14 Sold $395,000 -3.4% $144 / Sq Ft
07/02/2014 07/02/14 Pending -- -- --
06/02/2014 06/02/14 For Sale $409,000 -- $149 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,032 $35,080 $8,920 $26,160
2024 $6,032 $35,080 $8,920 $26,160
2023 $5,962 $35,080 $8,920 $26,160
2022 $5,962 $35,080 $8,920 $26,160
2021 $5,857 $35,080 $8,920 $26,160
2020 $5,857 $35,080 $8,920 $26,160
2019 $5,822 $35,080 $8,920 $26,160
2018 $5,822 $35,080 $8,920 $26,160
2017 $5,778 $35,080 $8,920 $26,160
2016 $5,778 $35,080 $8,920 $26,160
2015 -- $35,080 $8,920 $26,160
2014 -- $35,080 $8,920 $26,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2030566

Bright MLS

APN: 33-006-191-033