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21 Rainbow Lane

21 Rainbow Lane, Levittown, PA 19055
Property in Red Cedar Hill
Sold Jul 02, 1996
$85,000
$80,500 by Phh Mtg Services Corp
Mortgage Due Jul 01, 2026
Sold Oct 22, 1953
Transfer
21 Rainbow Lane has been categorized by the local assessors in Levittown, PA as a residential type of property. The building on the property was first built in 1953 and is 71 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 21 Rainbow Lane has 1,584 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,020 ft and across the front of the lot is 570 ft. The area measurement of the land has been determined as 5,815 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 21 Rainbow Lane was last sold in Jun 24, 1996 for $85,000. According to our calculations, that's $53.66 per sqft. Current property owners are expected to pay $4,782 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2018. The property on 21 Rainbow Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $17,740. To break that down further, the land itself was valued at $4,400. While improvements to the property were assessed at a total of $13,340. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,815
  • Lot Size Depth Feet: 1,020
  • Lot Size Frontage Feet: 570
  • Total Building Area: 1,584
  • Building Area: 1,584
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,584
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LEVITTOWN
  • Land Acres: 0.134
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: LEVITTOWN SEC 25 LOT #127 3 R 57X102

Ownership

  • Current Owner : RUSHING TROY W
  • Current Owner 2: RUSHING NANCY L
  • Previous Owner : STICHER WILLIAM L
  • Previous Owner 2: STICHER BETTY JANE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bristol Township School District
  • School Tax School District: BRISTOL BORO SD
  • Census Tract: 100408

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: 05-039
  • District: 05
  • Parcel: 05-039-014
  • Block: 39
  • Lot: 127
  • Municipality: BRISTOL TOWNSHIP
  • Latitude: 40.1552
  • Longitude: -74.848

    Address

  • Full Address: 21 Rainbow Ln
  • Address - House Number: 21
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Levittown
  • Carrier Code: C022
  • 4-Digit Zip Code: 1107
  • Zip Code: 19055

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,782
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.1602
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 346,389
  • High Value: 401,888
  • Low Value: 290,889

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $80,500
  • First Open Lien Mortgage Lender: PHH MTG SERVICES CORP
  • First Open Lien Mortgage Recording Date: Jul 02, 1996
  • First Open Lien Mortgage Loan Amount: $80,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2026

    Market Valuation

  • Market Total Value: $188,724
  • Market Land Value: $46,809
  • Market Improvement Value: $141,915

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,740
  • Assessed Land Value: $4,400
  • Assessed Improvements Value: $13,340

    Sales

  • Current Sale Contract Date: Jun 24, 1996
  • Current Sale Recording Date: Jul 02, 1996
  • Current Sale Transaction ID: 1037841572
  • Current Sale Price: $85,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 051530
  • Previous Sale Recording Date: Oct 22, 1953
  • Previous Sale Contract Date: Oct 22, 1953
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: PHH MTG SERVICES CORP
  • First Mortgage Transaction Date: Jul 02, 1996
  • First Mortgage Loan Amount: $80,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jul 01, 2026

About Red Cedar Hill



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Frequently Asked Questions

What neighborhood is 21 Rainbow Lane located in?
The 21 Rainbow Lane is a located in the neighborhood of Red Cedar Hill in Red Cedar Hill, Levittown.
What is the average sales price for listings in 21 Rainbow Lane?
The average sales price for units in 21 Rainbow Lane is $0 currently.

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