308 Mill Race Ln
Newtown, PA 18940
4 bd 3 ba 3,587 sqft Built 1978 Lot 44,035 sqft single_family
Most recent sale
$900,000
Aug 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 29, 2022 | Sold | $900,000 | Public Record |
| May 4, 2022 | Listed | $899,000 | MLS #PABU2025646 |
| Mar 26, 1998 | Sold | $312,000 | Public Record |
| Sep 21, 1978 | Sold | $187,400 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $52,560 | $16,160 | $68,720 | $12,438 |
| 2025 | $52,560 | $16,160 | $68,720 | $12,003 |
| 2023 | $52,560 | $16,160 | $68,720 | $11,432 |
| 2022 | $52,560 | $16,160 | $68,720 | $11,373 |
| 2021 | $52,560 | $16,160 | $68,720 | $11,220 |
| 2020 | $52,560 | $16,160 | $68,720 | $10,951 |
| 2019 | $52,560 | $16,160 | $68,720 | $10,697 |
| 2018 | $52,560 | $16,160 | $68,720 | $10,498 |
| 2017 | $52,560 | $16,160 | $68,720 | $10,210 |
| 2016 | $52,560 | $16,160 | $68,720 | $10,175 |
| 2015 | $52,560 | $16,160 | $68,720 | $10,292 |
| 2014 | $52,560 | $16,160 | $68,720 | $10,313 |
| 2013 | $52,560 | $16,160 | $68,720 | $10,213 |
| 2012 | $52,560 | $16,160 | $68,720 | $10,213 |
| 2011 | $52,560 | $16,160 | $68,720 | $10,031 |
| 2010 | $52,560 | $16,160 | $68,720 | $10,031 |
| 2009 | $52,560 | $16,160 | $68,720 | $9,776 |
| 2008 | $52,560 | $16,160 | $68,720 | $9,600 |
Property facts
Year built
1978
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,587 sqft
Lot size
44,035 sqft
ZIP code
18940
City
Newtown
Street
Mill Race Ln
Coordinates
40.28899, -74.92422
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
$5,381
Gross rental yield
7.17%
Implied cap rate
4.66%
Trend-extrapolated value
—
Frequently asked questions
When did 308 Mill Race Ln last sell?
308 Mill Race Ln most recently sold on Aug 29, 2022 for $900,000.
What is the current tax assessment for 308 Mill Race Ln?
The most recent total assessment for 308 Mill Race Ln (year 2026) is $68,720 with $12,438 in property tax.
How does 308 Mill Race Ln's assessment compare to its last sale price?
The current assessment is 92.4% below the last sale price of $900,000.
When was 308 Mill Race Ln built?
308 Mill Race Ln was built in 1978.
How does 308 Mill Race Ln compare to others on Mill Race Ln?
We track 4 other properties on Mill Race Ln. Browse the list under "Other properties on Mill Race Ln" to compare beds, baths, and sale history.
What are the property facts for 308 Mill Race Ln?
308 Mill Race Ln is a 4 bed, 3 bath, 3,587 sqft, 44,035 sqft lot single_family.
Is 308 Mill Race Ln a flip candidate?
No — 308 Mill Race Ln does not appear in our flips dataset.
Is 308 Mill Race Ln a tax-appeal candidate?
No — 308 Mill Race 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 Mill Race Ln