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5 Madison

5 Madison, Newtown, PA 18940
Property in Newtown
Sold Aug 16, 2021
$865,000
$500,000 by Finance Of America Mortgage Ll
Mortgage Due Sep 01, 2051
Sold Jan 28, 2011
$565,000
$417,000 by Wells Fargo Bank Na
Mortgage Due Feb 01, 2041
Local assessors in Newtown, PA have categorized 5 Madison as a residential type of property. The home was built in 2001 and is 23 years old. The property's lot size has been calculated to be 11,587 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 1,030 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 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 3 full bathrooms. There are also 4 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 5 Madison has a total of 3,240 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 heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5 Madison sold most recently in Aug 10, 2021 for a total of $865,000. If you work out the math, that's approximately a cost of $266.98 per sqft. Before that, the property was also sold for $565,000 in Dec 17, 2010. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,253 in taxes each year. 5 Madison was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $63,340. If we break it down further, the land itself was valued at $7,160. Improvements to the property, however, were assessed at a total of $56,180. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 16
  • Construction Type: Frame
  • Building Style: Colonial
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,587
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,030
  • Total Building Area: 3,240
  • Building Area: 3,240
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,240
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PHEASANT POINTE
  • Land Acres: 0.266
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: 103X140 LOT# 22 PHEASANT POINTE 14,401SF

Ownership

  • Current Owner : KLUMPP DOUGLAS V
  • Current Owner 2: PYLE MARIA K
  • Previous Owner : WIENER RYAN
  • Previous Owner 2: WIENER ELIZABETH
  • Owner Before Previous Owner: CARTUS FINANCIAL CORPORATION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Council Rock School District
  • School Tax School District: COUNCIL ROCK SD
  • Census Tract: 105207

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 29-049
  • District: 29
  • Parcel: 29-049-025
  • Lot: 22
  • Municipality: NEWTOWN TOWNSHIP
  • Latitude: 40.2472
  • Longitude: -74.945

    Address

  • Full Address: 5 Madison Ct
  • Address - House Number: 5
  • Address - Street Name: Madison
  • Address - Suffix Type: Ct
  • State: PA
  • City Name: Newtown
  • Carrier Code: C005
  • 4-Digit Zip Code: 1266
  • Zip Code: 18940

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,253
  • Tax Rate Code Area: 29

    Appraisal Valuation

  • Standard Deviation: 0.172
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,021,170
  • High Value: 1,196,884
  • Low Value: 845,456

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Aug 16, 2021
  • First Open Lien Mortgage Loan Amount: $500,000
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $673,830
  • Market Land Value: $76,170
  • Market Improvement Value: $597,660

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $63,340
  • Assessed Land Value: $7,160
  • Assessed Improvements Value: $56,180

    Sales

  • Current Sale Contract Date: Aug 10, 2021
  • Current Sale Recording Date: Aug 16, 2021
  • Current Sale Transaction ID: 11848485965
  • Current Sale Price: $865,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021075655
  • Previous Sale Recording Date: Jan 28, 2011
  • Previous Sale Contract Date: Dec 17, 2010
  • Previous Sale Amount: $565,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Aug 16, 2021
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jan 28, 2011
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2041

About Bucks



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Frequently Asked Questions

What neighborhood is 5 Madison located in?
The 5 Madison is a located in the neighborhood of Newtown in Bucks, Newtown.
What is the average sales price for listings in 5 Madison?
The average sales price for units in 5 Madison is $0 currently.

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