NOT LISTED FOR SALE

1016 Prospect Ave Unit 1 Langhorne, PA 19047

Estimated Value: $244,000 - $314,610

2 Beds
2 Baths
-- Sq Ft
$54/mo HOA Fee

Last Sold June 30, 2014

Last sale price $149,500

Est. 91% increase in value since last sale

Current estimated payment $1,686/month

Highlights

  • Colonial Architecture
  • Living Room
  • Tile or Brick Flooring
  • Eat-In Kitchen
  • Laundry Room
  • En-Suite Primary Bedroom

About This Home

As of June 2014

What a great updated property ideally tucked away in a quiet neighborhood for someone who wants something smaller, with excellent value and extremely cost effective vs renting or living in a typical condominium. Move-in condition home with many upgrades including recently updated Eat-in Kitchen with new Cabinetry; Granite Countertops; special cabinet lighting; newer HVAC Heat Pump(2007) with central a/c; newer built-in Dishwasher; newer Roof (2011); newer Front Door; updated Bath with newer Vanity and Toilet; several Walls redone and Much More ! This property was previously a Duplex and was converted to a Condo with no (ZERO) recurring fees and an exceptionally low property tax. The Master Condo Insurance Policy (equivalent of Homeowners) will cost the owner merely $650 per year (total of about $1300 with the other half paid by the owner of the other Unit). Must be seen, easy to show ! ! !

Last Agent to Sell the Property

Lee Bullman

leebullman@msn.com HomeSmart Nexus Realty Group - Newtown Listed on: 02/21/2014

Co-Listed By

Jeffrey Little

(610) 577-5879 jefflittleteam@gmail.com EXP Realty, LLC License #RS174023L

Last Buyer's Agent

Lynn Boback

(215) 378-5004 lynn.boback@foxroach.com Keller Williams Real Estate - Newtown License #RS308020

Keller Williams Real Estate - Newtown

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,426

Year Built

  • Built in 1940

Lot Details

  • 7,971 Sq Ft Lot
  • Lot Dimensions are 43x101
  • Property is in good condition

HOA Fees

  • $54 Monthly HOA Fees

Home Design

  • Semi-Detached or Twin Home
  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • Property has 2 Levels
  • Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • On-Street Parking

Schools

  • Neshaminy High School

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Association fees include insurance
  • Parkland Subdivision

Listing and Financial Details

  • Tax Lot 032-001-001
  • Assessor Parcel Number 22-019-032-001-001

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,426

Year Built

Built in 1940

Lot Details

0

HOA Fees

$54 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Inclusions: Washer, Dryer, Refrigerator, Range All "As Is", Window Treatments
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1940
  • Remarks Public: What a great updated property ideally tucked away in a quiet neighborhood for someone who wants something smaller, with excellent value and extremely cost effective vs renting or living in a typical condominium. Move-in condition home with many upgrades including recently updated Eat-in Kitchen with new Cabinetry; Granite Countertops; special cabinet lighting; newer HVAC Heat Pump(2007) with central a/c; newer built-in Dishwasher; newer Roof (2011); newer Front Door; updated Bath with newer Vanity and Toilet; several Walls redone and Much More ! This property was previously a Duplex and was converted to a Condo with no (ZERO) recurring fees and an exceptionally low property tax. The Master Condo Insurance Policy (equivalent of Homeowners) will cost the owner merely $650 per year (total of about $1300 with the other half paid by the owner of the other Unit). Must be seen, easy to show ! ! !
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Cooktop, Built-In Range, Dishwasher
  • Flooring Type: Fully Carpeted, Tile/Brick
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Entry Location: Living Room
  • Foundation Details: Stone
  • Levels Count: 2
  • Room Count: 5
  • Room List: Living Room, Primary Bedroom, Kitchen, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Street Number Modifier: 1016

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Access To Pool: No
  • Exterior Features: Street Lights
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Street
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Electric, Heat Pump - Electric Backup, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 54.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Insurance
  • HOA: No

Fee Information

  • Other Fees Frequency: One Time

Schools

  • School District: NESHAMINY
  • High School: NESHAMINY
  • School District Key: 300200397330
  • High School: NESHAMINY

Lot Info

  • Improvement Assessed Value: 5280.00
  • Land Assessed Value: 2120.00
  • Land Use Code: 1013
  • Lot Features: Level
  • Lot Size Acres: 0.18
  • Lot Dimensions: 43X101
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7971.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4871659
  • Tax Annual Amount: 1426.00
  • Assessor Parcel Number: 22-019-032-001-001
  • Tax Lot: 032-001-001
  • Tax Year: 2014
  • Close Date: 06/30/2014

MLS Schools

  • School District Name: NESHAMINY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2014
Closed on
Jun 30, 2014
Sold by
Hoffman Matthew E
Bought by
Thibodeau Jason
Seller's Agent
Lee Bullman
HomeSmart Nexus Realty Group - Newtown
Buyer's Agent
Lynn Boback
Keller Williams Real Estate - Newtown
List Price
$150,000
Sold Price
$149,500
Premium/Discount to List
-$500
-0.33%
Current Estimated Value
$285,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,153
Avg. Annual Appreciation
5.88%
Original Mortgage
$140,000
Outstanding Balance
$106,478
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$179,175

Purchase Details

Closed on
Apr 20, 2007
Sold by
Muller Frank J
Bought by
Hoffman Matthew E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Thibodeau Jason $147,400 Commonwealth Land Title Insu
Hoffman Matthew E $158,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thibodeau Jason $140,000
Previous Owner Hoffman Matthew E $126,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2014 06/30/14 Sold $149,500 -0.3% --
05/08/2014 05/08/14 Pending -- -- --
02/21/2014 02/21/14 For Sale $150,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,611 $7,400 $2,120 $5,280
2024 $1,611 $7,400 $2,120 $5,280
2023 $1,585 $7,400 $2,120 $5,280
2022 $1,544 $7,400 $2,120 $5,280
2021 $1,544 $7,400 $2,120 $5,280
2020 $1,525 $7,400 $2,120 $5,280
2019 $1,491 $7,400 $2,120 $5,280
2018 $1,464 $7,400 $2,120 $5,280
2017 $1,427 $7,400 $2,120 $5,280
2016 $1,427 $7,400 $2,120 $5,280
2015 $1,427 $7,400 $2,120 $5,280
2014 $1,427 $7,400 $2,120 $5,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002508983

Bright MLS

APN: 22-019-032-001-001