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3025 Magdalene Drive

3025 Magdalene Drive, Chalfont, PA 18914
Property in Warrington
Sold Apr 16, 2021
$1,077,643
$862,114 by Tbi Mortgage Company
Mortgage Due May 01, 2051
3025 Magdalene Drive has been categorized by the local assessors in Chalfont, PA as a residential type of property. The building on the property was first built in 2020 and is 4 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3025 Magdalene Drive has 4,340 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 1,550 ft and across the front of the lot is 1,180 ft. The area measurement of the land has been determined as 18,291 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. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. 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, 3025 Magdalene Drive was last sold in Apr 1, 2021 for $1,077,643. According to our calculations, that's $248.30 per sqft. Current property owners are expected to pay $12,931 in taxes per year. The property on 3025 Magdalene Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $75,660. To break that down further, the land itself was valued at $10,340. While improvements to the property were assessed at a total of $65,320. 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: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 15
  • Building Style: Conventional
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,291
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 1,180
  • Total Building Area: 4,340
  • Building Area: 4,340
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,340
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PARKVIEW AT WARRINGTON PHASE 2
  • Land Acres: 0.42
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: 18,341SF LOT #91 118X155 PARKVIEW AT WARRINGTON PHASE 2

Ownership

  • Current Owner : FAY ERIC
  • Current Owner 2: FAY CHRISTINA
  • Previous Owner : TOLL PA XIV LP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Central Bucks School District
  • School Tax School District: CENTRAL BUCKS S
  • Census Tract: 101810

Zoning

  • Zoning: RA

Geography

  • Assessors Map Reference: MP 010
  • District: 50
  • Parcel: 50-010-013-092
  • Lot: 91
  • Municipality: WARRINGTON TOWNSHIP
  • Latitude: 40.241
  • Longitude: -75.1677

    Address

  • Full Address: 3025 Magdalene Dr
  • Address - House Number: 3025
  • Address - Street Name: Magdalene
  • Address - Suffix Type: Dr
  • State: PA
  • City Name: Chalfont
  • Carrier Code: R004
  • 4-Digit Zip Code: 1353
  • Zip Code: 18914

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,931
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.1602
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 1,040,004
  • High Value: 1,206,636
  • Low Value: 873,372

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $862,114
  • First Open Lien Mortgage Lender: TBI MORTGAGE COMPANY
  • First Open Lien Mortgage Recording Date: Apr 16, 2021
  • First Open Lien Mortgage Loan Amount: $862,114
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $804,894
  • Market Land Value: $110,000
  • Market Improvement Value: $694,894

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,660
  • Assessed Land Value: $10,340
  • Assessed Improvements Value: $65,320

    Sales

  • Current Sale Contract Date: Apr 01, 2021
  • Current Sale Recording Date: Apr 16, 2021
  • Current Sale Transaction ID: 11831374027
  • Current Sale Price: $1,077,643
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021036360

    Last Sale Mortgage

  • First Mortgage Lender: TBI MORTGAGE COMPANY
  • First Mortgage Transaction Date: Apr 16, 2021
  • First Mortgage Loan Amount: $862,114
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

About Bucks



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Frequently Asked Questions

What neighborhood is 3025 Magdalene Drive located in?
The 3025 Magdalene Drive is a located in the neighborhood of Warrington in Bucks, Chalfont.
What is the average sales price for listings in 3025 Magdalene Drive?
The average sales price for units in 3025 Magdalene Drive is $0 currently.

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