NOT LISTED FOR SALE

1176 Gravel Pike Bensalem, PA 19020

Estimated Value: $517,000 - $558,000

3 Beds
3 Baths
1,585 Sq Ft
$338/Sq Ft Est. Value

Last Sold September 12, 2022

Last sale price $475,000 $300 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,268/month

Highlights

  • Water Access
  • 1.7 Acre Lot
  • Creek or Stream View
  • Gourmet Kitchen
  • Open Floorplan
  • Cape Cod Architecture

About This Home

As of September 2022

Welcome home to this stunning, completely rebuilt cape cod on 1.7 acres in Bensalem. Enter through the double front doors into the main floor with recessed lighting and hardwood floors throughout. As you step right from the foyer you'll find a bedroom/office. The spacious living room is abundant in light through the large 12' glass doors to the yard. The kitchen is open to the dining area and family room and features a tile backsplash, quartz countertops, two ovens, walk in pantry, and stainless steel appliances. Natural light flows through the custom windows to the back patio. You will also find a second bedroom and full bath featuring a custom, frameless shower with built in shelf, pebble flooring and rainfall shower head. Continue up the glass enclosed staircase to a third bedroom and additional open family room/ office space. Additionally on this level is abundant attic space just waiting to be finished into a master suite! The open basement staircase leads to beautifully tiled extra space for entertaining with large family room, updated laundry room with sink and shelving and extra unfinished storage space. This basement has also been completely waterproofed with full perimeter French drainage system. The basement also houses a tankless on demand water heater and whole house water filtration system as well as all new electric and plumbing throughout. In addition to the stunning indoor space you will find the most amazing outdoor space! This 1.7 acre property includes expansive gardens with plum, pear, nectarine, peach, apple and green giant trees. The yard spans a tranquil stream as well! And flood insurance runs just $785! With flexible zoning for uses such as an AIRBNB or home business such as yoga or art studio this home and property has endless possibilities! Minutes to I95 and the Cornwells Heights train station, for easy commuting to Philadelphia or NY/NJ.

Last Agent to Sell the Property

Kim Rock

Keller Williams Real Estate-Langhorne License #0999803 Listed on: 07/29/2022

Keller Williams Real Estate-Langhorne

Last Buyer's Agent

Robin Nahama

BHHS Fox & Roach-Center City Walnut License #RS323686

BHHS Fox & Roach-Center City Walnut

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,036

Year Built

  • Built in 1932 | Remodeled in 2020

Lot Details

  • 1.7 Acre Lot
  • Lot Dimensions are 238x401
  • Creek or Stream
  • North Facing Home
  • Split Rail Fence
  • Property is Fully Fenced
  • Decorative Fence
  • No Through Street
  • Secluded Lot
  • Partially Wooded Lot
  • Back, Front, and Side Yard
  • Subdivision Possible

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Slab Foundation
  • Spray Foam Insulation
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,585 Sq Ft Home
  • Property has 1.5 Levels
  • Open Floorplan
  • Recessed Lighting
  • Window Treatments
  • Sliding Windows
  • Casement Windows
  • Family Room
  • Living Room
  • Dining Room
  • Efficiency Studio
  • Creek or Stream Views
  • Laundry Room
  • Attic

Kitchen

  • Gourmet Kitchen
  • Built-In Oven
  • Electric Oven or Range
  • Six Burner Stove
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • Walk-in Shower

Finished Basement

  • Heated Basement
  • Interior Basement Entry
  • Water Proofing System
  • Laundry in Basement

Home Security

  • Home Security System
  • Motion Detectors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Flood Lights

Parking

  • Driveway
  • On-Street Parking

Accessible Home Design

  • Roll-in Shower
  • Doors with lever handles
  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Water Access
  • Stream or River on Lot
  • Exterior Lighting

Location

  • Flood Risk
  • Suburban Location

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • 120/240V
  • Butane Gas
  • Water Treatment System
  • Tankless Water Heater
  • Water Conditioner is Owned
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Rywall Park Subdivision

Listing and Financial Details

  • Tax Lot 023
  • Assessor Parcel Number 02-030-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,036

Year Built

Built in 1932 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Accessibility Features: 2+ Access Exits, 32"+ Wide Doors, Doors - Lever Handle(s), Roll-In Shower
  • Ownership: Fee Simple
  • Exclusions: Washer, dryer, garden bicycles w/pots
  • Inclusions: Refrigerator, dining table (table only not chairs), basement freezers negotiable.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1932
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome home to this stunning, completely rebuilt cape cod on 1.7 acres in Bensalem. Enter through the double front doors into the main floor with recessed lighting and hardwood floors throughout. As you step right from the foyer you'll find a bedroom/office. The spacious living room is abundant in light through the large 12' glass doors to the yard. The kitchen is open to the dining area and family room and features a tile backsplash, quartz countertops, two ovens, walk in pantry, and stainless steel appliances. Natural light flows through the custom windows to the back patio. You will also find a second bedroom and full bath featuring a custom, frameless shower with built in shelf, pebble flooring and rainfall shower head. Continue up the glass enclosed staircase to a third bedroom and additional open family room/ office space. Additionally on this level is abundant attic space just waiting to be finished into a master suite! The open basement staircase leads to beautifully tiled extra space for entertaining with large family room, updated laundry room with sink and shelving and extra unfinished storage space. This basement has also been completely waterproofed with full perimeter French drainage system. The basement also houses a tankless on demand water heater and whole house water filtration system as well as all new electric and plumbing throughout. In addition to the stunning indoor space you will find the most amazing outdoor space! This 1.7 acre property includes expansive gardens with plum, pear, nectarine, peach, apple and green giant trees. The yard spans a tranquil stream as well! And flood insurance runs just $785! With flexible zoning for uses such as an AIRBNB or home business such as yoga or art studio this home and property has endless possibilities! Minutes to I95 and the Cornwells Heights train station, for easy commuting to Philadelphia or NY/NJ.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stainless Steel Appliances, Built-In Microwave, Built-In Range, Cooktop, Dishwasher, Disposal, Energy Efficient Appliances, Microwave, Oven - Single, Oven - Wall, Oven/Range - Electric, Six Burner Stove, Water Conditioner - Owned, Water Heater - Tankless
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Recessed Lighting, Attic, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Efficiency, Floor Plan - Open, Kitchen - Gourmet, Stall Shower, Store/Office, Upgraded Countertops, Water Treat System, Window Treatments, Wood Floors
  • Window Features: Casement, Sliding
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter, Slab, Block
  • Levels Count: 1.5
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Family Room, Bedroom 1, Laundry, Bathroom 1, Bathroom 3, Attic, Half Bath
  • Basement: Yes
  • Basement Type: Fully Finished, Heated, Interior Access, Water Proofing System
  • Laundry Type: Basement
  • Total Sq Ft: 1585
  • Living Area Sq Ft: 1585
  • Price Per Sq Ft: 305.99
  • Above Grade Finished Sq Ft: 1585
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1176

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Spray Foam Insulation, Vinyl Siding
  • Exterior Features: Exterior Lighting, Flood Lights
  • Road Surface Type: Black Top
  • Roof: Composite
  • View: Creek/Stream
  • Water Access: Yes
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Type Of Parking: On Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Electric Service: 120/240V
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Tankless
  • Security: Carbon Monoxide Detector(s), Fire Detection System, Motion Detectors, Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Butane, Cable Tv
  • Water Source: Public
  • Internet Services: Fiber Optic

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: BENSALEM TOWNSHIP
  • School District Key: 300200397323
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Fencing: Decorative, Fully, Split Rail
  • Improvement Assessed Value: 9160.00
  • Land Assessed Value: 5240.00
  • Land Use Code: 1001
  • Lot Features: Front Yard, No Thru Street, Partly Wooded, Rear Yard, Secluded, Sideyard(s), Stream/Creek, Subdivision Possible, Trees/Wooded
  • Lot Size Acres: 1.70
  • Lot Dimensions: 238X401
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 74052.00
  • Year Assessed: 2022
  • Zoning: C

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 6690
  • School Tax: 2375.00
  • Tax Annual Amount: 3036.00
  • Assessor Parcel Number: 02-030-023
  • Tax Lot: 023
  • Tax Total Finished Sq Ft: 1444
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 09/12/2022

MLS Schools

  • School District Name: BENSALEM TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Aug 26, 2022
Sold by
Andrew Blacklock Steven and Andrew Rim
Bought by
Peterson Lucas Michael
Seller's Agent
Kim Rock
Keller Williams Real Estate-Langhorne
Buyer's Agent
Robin Nahama
BHHS Fox & Roach-Center City Walnut
List Price
$500,000
Sold Price
$475,000
Premium/Discount to List
-$25,000
-5%
Views
28
Current Estimated Value
$536,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,025
Avg. Annual Appreciation
3.57%
Original Mortgage
$365,000
Outstanding Balance
$351,060
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$176,904

Purchase Details

Listed on
Sep 22, 2016
Closed on
Feb 13, 2017
Sold by
Wilmington Savings Fund Society
Bought by
Rim Blacklock Steven Andrew and Rim Imani
Seller's Agent
Gerry Galster
PA REO Inc
Buyer's Agent
Agnieszka Kwasniews
Realty Mark Associates - KOP
List Price
$124,900
Sold Price
$138,000
Premium/Discount to List
$13,100
10.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.95%

Purchase Details

Closed on
Jun 3, 2016
Sold by
Gordon Beverly and Gordon Rendell W
Bought by
Wilmington Savings Fund Society Fsb and Christiana Trust

Purchase Details

Closed on
Oct 17, 2007
Sold by
Conway Matthew and Conway Patricia
Bought by
Gordon Rendell W and Gordon Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 1992
Bought by
Conway Matthew and Conway Patricia
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
Peterson Lucas Michael $475,000 Trident Land Transfer
Rim Blacklock Steven Andrew $100,000 None Available
Wilmington Savings Fund Society Fsb $1,273 None Available
Gordon Rendell W $255,000 None Available
Conway Matthew $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Lucas Michael $365,000
Previous Owner Gordon Beverly $224,500
Previous Owner Gordon Rendell W $229,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2022 09/12/22 Sold $475,000 -2.1% $300 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
08/03/2022 08/03/22 Price Changed $485,000 -3.0% $306 / Sq Ft
07/29/2022 07/29/22 For Sale $500,000 +262.3% $315 / Sq Ft
02/23/2017 02/23/17 Sold $138,000 0.0% $102 / Sq Ft
10/08/2016 10/08/16 Pending -- -- --
10/07/2016 10/07/16 Off Market $138,000 -- --
09/22/2016 09/22/16 For Sale $124,900 -- $92 / Sq Ft
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 $4,938 $22,620 $5,240 $17,380
2024 $4,938 $22,620 $5,240 $17,380
2023 $4,799 $22,620 $5,240 $17,380
2022 $3,037 $14,400 $5,240 $9,160
2021 $3,037 $14,400 $5,240 $9,160
2020 $3,006 $14,400 $5,240 $9,160
2019 $2,939 $14,400 $5,240 $9,160
2018 $2,871 $14,400 $5,240 $9,160
2017 $2,853 $14,400 $5,240 $9,160
2016 $2,853 $14,400 $5,240 $9,160
2015 -- $14,400 $5,240 $9,160
2014 -- $14,400 $5,240 $9,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2032778

Bright MLS

APN: 02-030-023