NOT LISTED FOR SALE

1268 William Penn Dr Bensalem, PA 19020

Estimated Value: $866,704 - $899,000

4 Beds
3.5 Baths
2,991 Sq Ft
$295/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $860,000 $288 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,651/month

11 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Double Oven
  • Ceiling height of 9 feet or more
  • Marble Fireplace

About This Home

As of June 2024

Welcome to this impressive executive-style residence nestled in the prestigious Wellington Estates. Situated on a cul-de-sac, this home boasts inviting curb appeal with its architectural details, double front door, wide walkway, and lush landscaping. The grandeur of a two story foyer and gleaming hardwood flooring sets the tone as you enter. A formal living room and a sophisticated dining room flank the foyer, adding to the overall elegance of the home.

The heart of the home is the inviting great room featuring a cozy fireplace, seamlessly flowing into the expansive eat-in kitchen. Culinary enthusiasts will appreciate the granite countertops, stainless steel appliances, walk-in pantry, modern light fixtures, and island perfect for gathering. Step outside from the kitchen to a serene fenced yard, ideal for outdoor entertaining and relaxation.

A stylish powder room on the main floor showcases penny tile and upgraded fixtures, adding a touch of elegance.

Upstairs, you'll find the primary bedroom, a true retreat with tray ceilings, hardwood floors, and an ensuite bathroom boasting dual sinks, new tile, upgraded fixtures, and a luxurious soaking tub. Additionally, there are three more generously sized bedrooms, each offering comfort and style. The hall bath features appealing encaustic tile and double sinks.

The basement is a highlight, offering a multitude of finished spaces perfect for an office, exercise equipment, entertaining, or a playroom. It also includes an additional bedroom option and a full bath with a large shower, providing flexibility and functionality for modern living.

Benefit from easy access to I-95, Philadelphia, Princeton, and NYC, while enjoying the charms of Bucks County living. Take advantage of the vibrant local scene with restaurants, shopping, and recreational activities in Bensalem, all within the sought-after Bensalem school district.

This home is a perfect blend of luxury, convenience, and elegance, offering an exceptional lifestyle in a desirable location. Don't miss the opportunity to make this exquisite property your new home.

Last Agent to Sell the Property

Mary Dwyer

BHHS Fox & Roach -Yardley/Newtown License #RS292434 Listed on: 05/23/2024

BHHS Fox & Roach -Yardley/Newtown

Last Buyer's Agent

JAY DAVE

Equity Pennsylvania Real Estate License #rs342082

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,766

Year Built

  • Built in 2008

Lot Details

  • 0.28 Acre Lot
  • Property is zoned RA

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Frame Construction
  • Pitched Roof

Interior Spaces

  • 2,991 Sq Ft Home
  • Property has 2 Levels
  • Ceiling height of 9 feet or more
  • Marble Fireplace
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Double Oven
  • Built-In Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • $500 Capital Contribution Fee
  • Association fees include snow removal, trash
  • Wellington Estates HOA
  • Built by DELUCA HOMES
  • Wellington Estates Subdivision

Listing and Financial Details

  • Tax Lot 072
  • Assessor Parcel Number 02-071-072

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,766

Year Built

Built in 2008

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2008
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this impressive executive-style residence nestled in the prestigious Wellington Estates. Situated on a cul-de-sac, this home boasts inviting curb appeal with its architectural details, double front door, wide walkway, and lush landscaping. The grandeur of a two story foyer and gleaming hardwood flooring sets the tone as you enter. A formal living room and a sophisticated dining room flank the foyer, adding to the overall elegance of the home. The heart of the home is the inviting great room featuring a cozy fireplace, seamlessly flowing into the expansive eat-in kitchen. Culinary enthusiasts will appreciate the granite countertops, stainless steel appliances, walk-in pantry, modern light fixtures, and island perfect for gathering. Step outside from the kitchen to a serene fenced yard, ideal for outdoor entertaining and relaxation. A stylish powder room on the main floor showcases penny tile and upgraded fixtures, adding a touch of elegance. Upstairs, you'll find the primary bedroom, a true retreat with tray ceilings, hardwood floors, and an ensuite bathroom boasting dual sinks, new tile, upgraded fixtures, and a luxurious soaking tub. Additionally, there are three more generously sized bedrooms, each offering comfort and style. The hall bath features appealing encaustic tile and double sinks. The basement is a highlight, offering a multitude of finished spaces perfect for an office, exercise equipment, entertaining, or a playroom. It also includes an additional bedroom option and a full bath with a large shower, providing flexibility and functionality for modern living. Benefit from easy access to I-95, Philadelphia, Princeton, and NYC, while enjoying the charms of Bucks County living. Take advantage of the vibrant local scene with restaurants, shopping, and recreational activities in Bensalem, all within the sought-after Bensalem school district. This home is a perfect blend of luxury, convenience, and elegance, offering an exceptional lifestyle in a desirable location. Don't miss the opportunity to make this exquisite property your new home.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Oven - Double, Dishwasher, Disposal
  • Fireplace Features: Marble
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 2991
  • Living Area Sq Ft: 2991
  • Price Per Sq Ft: 284.19
  • Above Grade Finished Sq Ft: 2991
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1268

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 250.00
  • HOA Fee Frequency: Semi-Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Snow Removal, Trash
  • HOA Name: WELLINGTON ESTATES
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 500.00

Schools

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

Lot Info

  • Land Use Code: 1001
  • Lot Size Acres: 0.28
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12331.00
  • Year Assessed: 2023
  • Zoning: RA

Building Info

  • Builder Name: DELUCA HOMES

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 8452.00
  • Tax Annual Amount: 10766.00
  • Assessor Parcel Number: 02-071-072
  • Tax Lot: 072
  • Tax Total Finished Sq Ft: 2991
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/28/2024

MLS Schools

  • School District Name: BENSALEM TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Jun 18, 2024
Sold by
Graebel Relocation Services Worldwide In
Bought by
Patel Jigarkumar and Patel Tejal
Seller's Agent
Mary Dwyer
BHHS Fox & Roach -Yardley/Newtown
Buyer's Agent
JAY DAVE
Equity Pennsylvania Real Estate
List Price
$850,000
Sold Price
$860,000
Premium/Discount to List
$10,000
1.18%
Views
46
Current Estimated Value
$880,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,926
Avg. Annual Appreciation
2.55%
Original Mortgage
$688,000
Outstanding Balance
$679,703
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$207,107

Purchase Details

Listed on
May 23, 2024
Closed on
May 8, 2024
Sold by
Vadakemundakkal Geevarghese C and Vadakemundakkal Sam Sarah
Bought by
Graebel Relo Svc Worldwide Inc
Seller's Agent
Mary Dwyer
BHHS Fox & Roach -Yardley/Newtown
Buyer's Agent
JAY DAVE
Equity Pennsylvania Real Estate
List Price
$850,000
Sold Price
$860,000
Premium/Discount to List
$10,000
1.18%
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,000
Outstanding Balance
$679,703
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$207,107

Purchase Details

Listed on
Mar 25, 2016
Closed on
Jun 23, 2016
Sold by
Varghese Biunu and Johny Sindhu
Bought by
Vadakemundakkal Geevarghese C and Sam Sarah
Seller's Agent
Mike Patel
Equity Pennsylvania Real Estate
Buyer's Agent
Maritza Creighton
RE/MAX Realty Services-Bensalem
List Price
$485,000
Sold Price
$470,000
Premium/Discount to List
-$15,000
-3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%
Original Mortgage
$376,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2008
Sold by
Deluca Enterprises Inc
Bought by
Varghese Binu and Johny Sindhu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,500
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
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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
Patel Jigarkumar $860,000 H & H Settlement Services
Graebel Relo Svc Worldwide Inc $860,000 H & H Settlement Services
Vadakemundakkal Geevarghese C $470,000 Servicelink East
Varghese Binu $506,610 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Jigarkumar $688,000
Previous Owner Vadakemundakkal Geevarghese C $347,840
Previous Owner Vadakemundakkal Geevarghee C $353,500
Previous Owner Vadakemundakkal Geevarghese C $376,000
Previous Owner Varhese Binu $350,000
Previous Owner Varghese Binu $408,000
Previous Owner Varghese Binu $50,500
Previous Owner Varghese Binu $405,288
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $860,000 +1.2% $288 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $850,000 +80.9% $284 / Sq Ft
06/23/2016 06/23/16 Sold $470,000 -3.1% $157 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $485,000 -- $162 / 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 $10,994 $50,360 $6,650 $43,710
2024 $10,994 $50,360 $6,650 $43,710
2023 $10,683 $50,360 $6,650 $43,710
2022 $10,621 $50,360 $6,650 $43,710
2021 $10,621 $50,360 $6,650 $43,710
2020 $10,514 $50,360 $6,650 $43,710
2019 $10,280 $50,360 $6,650 $43,710
2018 $10,041 $50,360 $6,650 $43,710
2017 $9,978 $50,360 $6,650 $43,710
2016 $9,978 $50,360 $6,650 $43,710
2015 -- $50,360 $6,650 $43,710
2014 -- $50,360 $6,650 $43,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2071116

Bright MLS

APN: 02-071-072