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120 Drakes Lane

120 Drakes Lane, Milford, PA 18337
Property in Milford
Local assessors in Milford, PA have categorized 120 Drakes Lane as a agricultural type of property. The home was built in 1990 and is 34 years old. The property's lot size has been calculated to be 544,500 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 120 Drakes Lane has a total of 2,280 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a unknown that is 855 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 285 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of asphalt. Lots of asbestos shingle were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. The home's a steam heating system is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 120 Drakes Lane was last sold in Mar 23, 2021 for $600,000. According to our calculations, that's $175.44 per sqft. Prior to that sales transaction, the property was sold for $450,000 in Jan 13, 2018. Current property owners are expected to pay $5,535 in taxes per year. The property on 120 Drakes Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $36,280. To break that down further, the land itself was valued at $7,420. While improvements to the property were assessed at a total of $28,860. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Conventional
  • Exterior Walls Type: Asbestos shingle
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Area: 855
  • Garage Type: Attached
  • Garage Square Area: 285
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 544,500
  • Total Building Area: 3,420
  • Gross Building Area: 3,680
  • Building Area: 3,680
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Steam
  • Heated Square Feet: 2,280
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Agricultural
  • Land Acres: 12.5
  • Standard Land Use Code: Agricultural/rural
  • Legal Description 1: 12.5 AC ACT 319 HOUSE GARAGE POOL SHED

Ownership

  • Current Owner : HEDEGAARD DAN
  • Current Owner 2: CAMPBELL ARIELLE
  • Previous Owner : DELAWARE HIGHLANDS CONSERVANCY INC
  • Owner Before Previous Owner: DRAKE NORMA M
  • Owner Before Previous Owner 2: DRAKE ERIC B

Neighborhood

  • School District Name: Delaware Valley School District
  • School Tax School District: 1
  • Census Tract: 950601

Geography

  • Account Number: 629
  • District: 9
  • Parcel: 000629
  • Municipality: MILFORD TOWNSHIP
  • Latitude: 41.3311
  • Longitude: -74.8107

    Address

  • Full Address: 120 Drakes Ln
  • Address - House Number: 120
  • Address - Street Name: Drakes
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Milford
  • Carrier Code: R006
  • 4-Digit Zip Code: 9434
  • Zip Code: 18337

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,535

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $373,000
  • First Open Lien Mortgage Lender: NORMA M DRAKE ETAL
  • First Open Lien Mortgage Recording Date: Feb 16, 2018
  • First Open Lien Mortgage Loan Amount: $373,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $145,116
  • Market Land Value: $29,662
  • Market Improvement Value: $115,454

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,280
  • Assessed Land Value: $7,420
  • Assessed Improvements Value: $28,860

    Sales

  • Current Sale Contract Date: Mar 23, 2021
  • Current Sale Recording Date: Jun 04, 2021
  • Current Sale Transaction ID: 11841703143
  • Current Sale Price: $600,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 202100006924
  • Previous Sale Recording Date: Feb 16, 2018
  • Previous Sale Contract Date: Jan 13, 2018
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: DELAWARE HIGHLANDS CONSERVANCY
  • First Mortgage Transaction Date: Jun 04, 2021
  • First Mortgage Loan Amount: $15,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: NORMA M DRAKE ETAL
  • Previous Mortgage Transaction Date: Feb 16, 2018
  • Previous Mortgage Loan Amount: $373,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Pike



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Nearby Rentals

Unit for rent at 114 Eighth Street, Milford, PA, 18337

$2,600 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,948 ft²
114 Eighth Street #FRONT, Milford, PA, 18337 Listing by Bonnie La Fe'

Frequently Asked Questions

What neighborhood is 120 Drakes Lane located in?
The 120 Drakes Lane is a located in the neighborhood of Milford in Pike, Milford.
What is the average sales price for listings in 120 Drakes Lane?
The average sales price for units in 120 Drakes Lane is $0 currently.

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