3 Penns Trl Newtown, PA 18940-1812
Property profile & analytics
3 Penns Trl, Newtown, PA 18940-1812
- Medical Office Space
- 15,678 SF
- 4.17 lot acres
Property ID
US73-0868025
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Medical Office Space
Property Details for 3 Penns Trl
- Year built
- 1971
- Lot size
- 4.17 lot acres
- Zone code
- LI
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 29-010-098
- APU
- 29010098
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 22, 2022 | — | Penns Trail Investment LP | — | Deed · related | $7.5M · Penns Trail Investment LP |
| Aug 1, 2017 | $1,800,000 | Penns Trail Investment LP | Branch Bkng & Trust Co | Grant Deed | — |
| — | — | Eugene H Charlton | — | Deed Of Trust · related | $40k · Third Fsb |
| — | — | W W Wister | — | Deed Of Trust · related | $50k · Third Fsb |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,615,000
- 6.5%
- $3,335,000
- 7%
- $3,100,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $3,299,000
Market price range: $1.02M - $3.30M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $3,870,000 Current use
- RESTAURANT
- $5,085,000 Change: +31% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $4,285,000 Change: +11% Conversion: Moderate
- OFFICE BUILDING
- $3,935,000 Change: +2% Conversion: Easy
- COMMERCIAL (GENERAL)
- $3,750,000 Change: -3% Conversion: Easy
- AUTO REPAIR, GARAGE
- $3,645,000 Change: -6% Conversion: Difficult
- RETAIL STORES
- $3,105,000 Change: -20% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Newtown
- County
- Bucks
- State
- Pennsylvania
- Longitude
- -74.9107
- Latitude
- 40.2304
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$88,193
$99,900
$396,340
$496,240
-
$1,368,487
$5,429,292
$6,797,779
