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246 Inverness Circle

246 Inverness Circle, Chalfont, PA 18914
Property in New Britain
Sold Feb 03, 2021
$312,800
$250,240 by Finance Of America Mortgage Ll
Mortgage Due Feb 01, 2051
Sold Jun 01, 2015
$229,800
$225,637 by First Choice Loan Services Inc
Mortgage Due Jun 01, 2045
Local assessors in Chalfont, PA have categorized 246 Inverness Circle as a residential type of property. The home was built in 1988 and is 36 years old. The property's lot size has been calculated to be 2,091 square feet. The linear feet between the front and back of the lot was measured at 950 ft and the front of the lot was measured at 220 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 7 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 are 2 full bathrooms. There are also 3 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 246 Inverness Circle has a total of 1,540 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jan 25, 2021 for $312,800. That's $203.12 per sqft. Prior to that sales transaction, the property was also sold in May 29, 2015 for $229,800. 246 Inverness Circle was last assessed in 2023. The total value of the property was assessed at $25,080. Specifically, the land the property is located on was valued at $3,000. While improvements on the property were assessed at a total of $22,080. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,208. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Construction Type: Frame
  • Building Style: Townhouse
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,091
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 220
  • Total Building Area: 1,540
  • Building Area: 1,540
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,540
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HIGHLANDS PH 04
  • Land Acres: 0.048
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Legal Description 1: LOT #86 PHASE IV HIGHLAND S 22X95

Ownership

  • Current Owner : RANJAN PRAKASH
  • Current Owner 2: RANJAN PRIYADARSHINI SHAKTI
  • Previous Owner : WEBSTER RAYVAUGHN S
  • Previous Owner 2: WEBSTER KATHLEEN M
  • Owner Before Previous Owner: NEILL PATRICIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Central Bucks School District
  • School Tax School District: CENTRAL BUCKS S
  • Census Tract: 102004

Zoning

  • Zoning: PRD

Geography

  • Assessors Map Reference: 26-007
  • District: 26
  • Parcel: 26-007-543
  • Block: 7
  • Lot: 86
  • Municipality: NEW BRITAIN TOWNSHIP
  • Latitude: 40.2681
  • Longitude: -75.2142

    Address

  • Full Address: 246 Inverness Cir
  • Address - House Number: 246
  • Address - Street Name: Inverness
  • Address - Suffix Type: Cir
  • State: PA
  • City Name: Chalfont
  • Carrier Code: C002
  • 4-Digit Zip Code: 3954
  • Zip Code: 18914

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,208
  • Tax Rate Code Area: 26

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 406,356
  • High Value: 475,164
  • Low Value: 337,548

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,240
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Feb 03, 2021
  • First Open Lien Mortgage Loan Amount: $250,240
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $266,809
  • Market Land Value: $31,915
  • Market Improvement Value: $234,894

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,080
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $22,080

    Sales

  • Current Sale Contract Date: Jan 25, 2021
  • Current Sale Recording Date: Feb 03, 2021
  • Current Sale Transaction ID: 11815900765
  • Current Sale Price: $312,800
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021010553
  • Previous Sale Recording Date: Jun 01, 2015
  • Previous Sale Contract Date: May 29, 2015
  • Previous Sale Amount: $229,800
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Feb 03, 2021
  • First Mortgage Loan Amount: $250,240
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CHOICE LOAN SERVICES INC
  • Previous Mortgage Transaction Date: Jun 01, 2015
  • Previous Mortgage Loan Amount: $225,637
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2045

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 246 Inverness Circle located in?
The 246 Inverness Circle is a located in the neighborhood of New Britain in Brittany Farms-The Highlands, Chalfont.
What is the average sales price for listings in 246 Inverness Circle?
The average sales price for units in 246 Inverness Circle is $0 currently.

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