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1503 Russett Drive

1503 Russett Drive, Warminster, PA 18974
Property in Warwick
Sold Jun 29, 2016
$192,000
$186,240 by Trident Mortgage Company Lp
Mortgage Due Jul 01, 2046
Sold Aug 05, 1999
$107,500
$107,400 by Gateway Funding Diversified Mt
Mortgage Due Aug 01, 2029
Local assessors in Warminster, PA have categorized 1503 Russett Drive as a residential type of property. The home was built in 1985 and is 39 years old. The property's lot size has been calculated to be 2,500 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 200 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 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 is one full bathroom. 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 1503 Russett Drive has a total of 1,375 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with electricity. 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, 1503 Russett Drive was last sold in Jun 28, 2016 for $192,000. According to our calculations, that's $139.64 per sqft. Prior to that sales transaction, the property was sold for $107,500 in Jul 28, 1999. Current property owners are expected to pay $3,512 in taxes per year. The property on 1503 Russett Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $20,840. To break that down further, the land itself was valued at $3,000. While improvements to the property were assessed at a total of $17,840. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Construction Type: Frame
  • Building Style: Townhouse
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,500
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 200
  • Total Building Area: 1,375
  • Building Area: 1,375
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,375
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: STOVER MILL PHASE II
  • Land Acres: 0.057
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Legal Description 1: LOT #362 STOVER MILL PHASE II 20X125

Ownership

  • Current Owner : SCHNEIDERREIT ELISE M
  • Previous Owner : TAYLOR YVONNE B
  • Owner Before Previous Owner: BENNER CHARLES S
  • Owner Before Previous Owner 2: BENNER VICTORIA P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Central Bucks School District
  • School Tax School District: CENTRAL BUCKS S
  • Census Tract: 104902

Zoning

  • Zoning: MF1

Geography

  • Assessors Map Reference: 51-014
  • District: 51
  • Parcel: 51-014-434
  • Block: 14
  • Lot: 362
  • Municipality: WARWICK TOWNSHIP
  • Latitude: 40.2284
  • Longitude: -75.0881

    Address

  • Full Address: 1503 Russett Dr
  • Address - House Number: 1503
  • Address - Street Name: Russett
  • Address - Suffix Type: Dr
  • State: PA
  • City Name: Warminster
  • Carrier Code: C035
  • 4-Digit Zip Code: 1175
  • Zip Code: 18974

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,512
  • Tax Rate Code Area: 51

    Appraisal Valuation

  • Standard Deviation: 0.1746
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 362,933
  • High Value: 426,313
  • Low Value: 299,554

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $186,240
  • First Open Lien Mortgage Lender: TRIDENT MORTGAGE COMPANY LP
  • First Open Lien Mortgage Recording Date: Jun 29, 2016
  • First Open Lien Mortgage Loan Amount: $186,240
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2046

    Market Valuation

  • Market Total Value: $221,702
  • Market Land Value: $31,915
  • Market Improvement Value: $189,787

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,840
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $17,840

    Sales

  • Current Sale Contract Date: Jun 28, 2016
  • Current Sale Recording Date: Jun 29, 2016
  • Current Sale Transaction ID: 1636641492
  • Current Sale Price: $192,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2016037558
  • Previous Sale Recording Date: Aug 05, 1999
  • Previous Sale Contract Date: Jul 28, 1999
  • Previous Sale Amount: $107,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRIDENT MORTGAGE COMPANY LP
  • First Mortgage Transaction Date: Jun 29, 2016
  • First Mortgage Loan Amount: $186,240
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: GATEWAY FUNDING DIVERSIFIED MT
  • Previous Mortgage Transaction Date: Aug 05, 1999
  • Previous Mortgage Loan Amount: $107,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2029

About Bucks



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Frequently Asked Questions

What neighborhood is 1503 Russett Drive located in?
The 1503 Russett Drive is a located in the neighborhood of Warwick in Bucks, Warminster.
What is the average sales price for listings in 1503 Russett Drive?
The average sales price for units in 1503 Russett Drive is $0 currently.

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