NOT LISTED FOR SALE

554 William Penn Way Lansdale, PA 19446

Estimated Value: $619,000 - $668,000

3 Beds
2.5 Baths
2,219 Sq Ft
$286/Sq Ft Est. Value

Last Sold October 01, 2013

Last sale price $335,650 $151 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,981/month

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Inglewood Elementary School Rated A-
  • Cathedral Ceiling
  • No HOA

About This Home

As of October 2013

Welcome to this wonderful home in the beautiful community of Olde Lantern Way! You'll love the modern floor plan, with spacious rooms and an abundance of natural light. The kitchen has plenty of counter space, tile backsplash, and a sunlit breakfast area that opens into the family room. Entertain in the formal dining room and inviting living room with vaulted ceiling and gas fireplace. The master bedroom has a vaulted ceiling, large walk-in closet, and master bathroom with double sinks, soaking tub, and separate shower. Two additional bedrooms are on the second floor, one with walk-in closet. First floor laundry leads to an extra-long 2-car garage. New carpeting, new kitchen floor, newer roof (2012) and most kitchen windows (2010). FIOS-ready. Enjoy summer evenings on the private deck with lovely views. All this, plus a beautiful yard, cul-de-sac, and hard to beat location in Towamencin Township, convenient to major roads, train station, schools, and shopping. Room sizes are approximate.

Last Agent to Sell the Property

Annette Nelson

(610) 247-7892 annette@preferredhomes.com Coldwell Banker Hearthside Listed on: 08/14/2013

Coldwell Banker Hearthside

Last Buyer's Agent

James Elliott

(484) 437-6985 james@mgcrealestategroup.com MGC Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,458

Year Built

  • Built in 1993

Lot Details

  • 0.48 Acre Lot
  • Property is zoned R125

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Oversized Parking
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 2,219 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Olde Lantern Way Subdivision

Listing and Financial Details

  • Tax Lot 006
  • Assessor Parcel Number 53-00-09671-149

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,458

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer, Window Treatments
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1993
  • Remarks Public: Welcome to this wonderful home in the beautiful community of Olde Lantern Way! You'll love the modern floor plan, with spacious rooms and an abundance of natural light. The kitchen has plenty of counter space, tile backsplash, and a sunlit breakfast area that opens into the family room. Entertain in the formal dining room and inviting living room with vaulted ceiling and gas fireplace. The master bedroom has a vaulted ceiling, large walk-in closet, and master bathroom with double sinks, soaking tub, and separate shower. Two additional bedrooms are on the second floor, one with walk-in closet. First floor laundry leads to an extra-long 2-car garage. New carpeting, new kitchen floor, newer roof (2012) and most kitchen windows (2010). FIOS-ready. Enjoy summer evenings on the private deck with lovely views. All this, plus a beautiful yard, cul-de-sac, and hard to beat location in Towamencin Township, convenient to major roads, train station, schools, and shopping. Room sizes are approximate.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal
  • Flooring Type: Wood, Fully Carpeted, Vinyl, Tile/Brick
  • Interior Amenities: Primary Bath(s), Ceiling Fan(s), Kitchen - Eat-In
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Center Hall
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2219
  • Living Area Sq Ft: 2219
  • Net Sq Ft: 2219.00
  • Price Per Sq Ft: 150.97
  • Above Grade Finished Sq Ft: 2219
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 554

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Stucco
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • 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
  • Open Parking Spaces Count: 3
  • Garage Features: Inside Access, Garage Door Opener, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Attached Garage

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: NORTH PENN
  • School District Key: 300200397039

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 0.48
  • Lot Dimensions: 302
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20716.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: R125

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 801670
  • Tax Annual Amount: 5458.00
  • Assessor Parcel Number: 53-00-09671-149
  • Tax Lot: 006
  • Tax Year: 2013
  • Close Date: 10/01/2013

MLS Schools

  • School District Name: NORTH PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2013
Closed on
Oct 1, 2013
Sold by
Zelson Larry S and Zelson Carolyn T
Bought by
Patel Bhavik and Patel Switi
Seller's Agent
Annette Nelson
Coldwell Banker Hearthside
Buyer's Agent
James Elliott
MGC Real Estate Group
List Price
$335,000
Sold Price
$335,650
Premium/Discount to List
$650
0.19%
Current Estimated Value
$633,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,082
Avg. Annual Appreciation
5.42%
Original Mortgage
$268,000
Outstanding Balance
$201,616
Interest Rate
4.53%
Mortgage Type
New Conventional
Estimated Equity
$432,116

Purchase Details

Closed on
Jun 30, 2003
Sold by
Ramsland Margit A
Bought by
Zelson Carolyn T and Zelson Larry S

Purchase Details

Closed on
Aug 20, 1997
Sold by
Breeden Landy L and Breeden Sally A
Bought by
Ramsland Margit A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Patel Bhavik $335,650 None Available
Zelson Carolyn T $317,500 --
Ramsland Margit A $207,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Bhavik $268,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2013 10/01/13 Sold $335,650 +0.2% $151 / Sq Ft
09/05/2013 09/05/13 Pending -- -- --
08/14/2013 08/14/13 For Sale $335,000 -- $151 / 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 $7,453 $183,990 $57,890 $126,100
2024 $7,453 $183,990 $57,890 $126,100
2023 $7,137 $183,990 $57,890 $126,100
2022 $6,699 $183,990 $57,890 $126,100
2021 $6,505 $183,990 $57,890 $126,100
2020 $6,210 $183,990 $57,890 $126,100
2019 $6,102 $183,990 $57,890 $126,100
2018 $1,237 $183,990 $57,890 $126,100
2017 $5,859 $183,990 $57,890 $126,100
2016 $5,788 $183,990 $57,890 $126,100
2015 $5,683 $183,990 $57,890 $126,100
2014 $5,546 $183,990 $57,890 $126,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003557280

Bright MLS

APN: 53-00-09671-149