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505 Summit Ln

Riegelsville, PA 18077

5 bd 3 ba 3,313 sqft Built 1978 Lot 143,312 sqft single_family
Most recent sale
$780,000
Feb 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 23, 2022 Sold $780,000 MLS #PABU2000449
Dec 7, 2021 Relisted $800,000 MLS #682651
Nov 5, 2021 Listed $800,000 MLS #682651
Oct 28, 2021 Listed $800,000 MLS #PABU2000449
May 15, 2015 Sold $525,000 Public Record
Jun 13, 2014 Listing removed $525,000 BrightMLS
May 5, 2014 Listed $525,000 MLS #6385754
Feb 5, 2014 Listing removed $549,000 BrightMLS
Aug 4, 2013 Listed $549,000 MLS #6261033
Nov 3, 1993 Sold $282,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $31,320 $14,000 $45,320 $6,637
2020 $31,320 $14,000 $45,320 $6,637
2019 $31,320 $14,000 $45,320 $6,560
2018 $31,320 $14,000 $45,320 $6,515
2017 $31,320 $14,000 $45,320 $6,410
2016 $31,320 $14,000 $45,320 $6,365
2015 $31,320 $14,000 $45,320 $6,233
2014 $31,320 $14,000 $45,320 $6,233
2013 $31,320 $14,000 $45,320 $6,233
2012 $31,320 $14,000 $45,320 $6,233
2011 $31,320 $14,000 $45,320 $6,176
2010 $31,320 $14,000 $45,320 $6,018
2009 $31,320 $14,000 $45,320 $5,750

Property facts

Year built
1978
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
3,313 sqft
Lot size
143,312 sqft
ZIP code
18077
City
Riegelsville
Street
Summit Ln
Coordinates
40.56225, -75.22732

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,970
Gross rental yield
7.65%
Implied cap rate
4.97%
Trend-extrapolated value

Frequently asked questions

When did 505 Summit Ln last sell?
505 Summit Ln most recently sold on Feb 23, 2022 for $780,000.
What is the current tax assessment for 505 Summit Ln?
The most recent total assessment for 505 Summit Ln (year 2021) is $45,320 with $6,637 in property tax.
How does 505 Summit Ln's assessment compare to its last sale price?
The current assessment is 94.2% below the last sale price of $780,000.
When was 505 Summit Ln built?
505 Summit Ln was built in 1978.
How does 505 Summit Ln compare to others on Summit Ln?
We track 6 other properties on Summit Ln. Browse the list under "Other properties on Summit Ln" to compare beds, baths, and sale history.
What are the property facts for 505 Summit Ln?
505 Summit Ln is a 5 bed, 3 bath, 3,313 sqft, 143,312 sqft lot single_family.
Is 505 Summit Ln a flip candidate?
No — 505 Summit Ln does not appear in our flips dataset.
Is 505 Summit Ln a tax-appeal candidate?
No — 505 Summit Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.9%
Implied 1-yr
+7.5%
2026 Q3
$793.2K
2026 Q4
$806.4K
ZIP 18077 — Median Price History + Forecast

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