2 Locust Ln
Newtown, PA 18940
2 bd 3 ba 2,172 sqft Built 1987 Lot 4,792 sqft townhomes
Most recent sale
$490,000
Sep 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 20, 2024 | Sold | $485,000 | BrightMLS |
| Sep 25, 2022 | Listed for rent | $3,000 | BrightMLS |
| Sep 14, 2022 | Sold | $490,000 | MLS #PABU2033330 |
| Aug 4, 2022 | Listed | $460,000 | MLS #PABU2033330 |
| Jun 27, 2018 | Sold | $349,000 | MLS #1000868618 |
| May 9, 2018 | Listed | $349,000 | MLS #1000868618 |
| May 21, 2010 | Sold | $275,000 | MLS #5676463 |
| Mar 18, 2010 | Listed | $270,000 | MLS #5676463 |
| Dec 9, 1999 | Sold | $163,900 | Public Record |
| May 4, 1990 | Sold | $137,900 | Public Record |
| Oct 15, 1987 | Sold | $135,657 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $24,680 | $4,120 | $28,800 | $5,519 |
| 2025 | $24,680 | $4,120 | $28,800 | $5,222 |
| 2023 | $24,680 | $4,120 | $28,800 | $4,896 |
| 2022 | $24,680 | $4,120 | $28,800 | $4,802 |
| 2021 | $24,680 | $4,120 | $28,800 | $4,728 |
| 2020 | $24,680 | $4,120 | $28,800 | $4,500 |
| 2019 | $24,680 | $4,120 | $28,800 | $4,394 |
| 2018 | $24,680 | $4,120 | $28,800 | $4,310 |
| 2017 | $24,680 | $4,120 | $28,800 | $4,161 |
| 2016 | $24,680 | $4,120 | $28,800 | $4,052 |
| 2015 | $24,680 | $4,120 | $28,800 | $4,044 |
| 2014 | $24,680 | $4,120 | $28,800 | $4,024 |
| 2013 | $24,680 | $4,120 | $28,800 | $3,982 |
| 2012 | $24,680 | $4,120 | $28,800 | $3,982 |
| 2011 | $24,680 | $4,120 | $28,800 | $3,892 |
| 2010 | $24,680 | $4,120 | $28,800 | $3,892 |
| 2009 | $24,680 | $4,120 | $28,800 | $3,813 |
| 2008 | $24,680 | $4,120 | $28,800 | $3,739 |
Property facts
Year built
1987
Property type
townhomes
Stories
2
Beds
2
Baths
3
Living area
2,172 sqft
Lot size
4,792 sqft
ZIP code
18940
City
Newtown
Street
Locust Ln
Coordinates
40.26187, -74.96320
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,258
Gross rental yield
7.98%
Implied cap rate
5.19%
Trend-extrapolated value
—
Frequently asked questions
When did 2 Locust Ln last sell?
2 Locust Ln most recently sold on Sep 14, 2022 for $490,000.
What is the current tax assessment for 2 Locust Ln?
The most recent total assessment for 2 Locust Ln (year 2026) is $28,800 with $5,519 in property tax.
How does 2 Locust Ln's assessment compare to its last sale price?
The current assessment is 94.1% below the last sale price of $490,000.
When was 2 Locust Ln built?
2 Locust Ln was built in 1987.
How does 2 Locust Ln compare to others on Locust Ln?
We track 7 other properties on Locust Ln. Browse the list under "Other properties on Locust Ln" to compare beds, baths, and sale history.
What are the property facts for 2 Locust Ln?
2 Locust Ln is a 2 bed, 3 bath, 2,172 sqft, 4,792 sqft lot townhomes.
Is 2 Locust Ln a flip candidate?
No — 2 Locust Ln does not appear in our flips dataset.
Is 2 Locust Ln a tax-appeal candidate?
No — 2 Locust Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.5%
Implied 1-yr
+2.1%
2026 Q3
$1.18M
2026 Q4
$1.19M
ZIP 18940 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Locust Ln