$870,000
SOLD JUL 22, 2024

1305 Cheltenham Dr Bensalem, PA 19020

5 Beds
3.5 Baths
3,443 Sq Ft
0.28 Acres

Recently Sold

$253 Per Sq Ft

3% Above List Price

6 Days on Market

Highlights

  • View of Trees or Woods
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • Colonial Architecture

About This Home

As of July 2024

Welcome to 1305 Cheltenham Drive, a captivating residence nestled in the heart of Bensalem, PA. This meticulously designed home offers an array of luxurious features ideal for modern living.Step inside to discover a grand two-story foyer that sets the tone for elegance and sophistication. The foyer leads into a stunning family room, where soaring ceilings and oversized windows create a spacious and inviting atmosphere, perfect for gatherings and relaxation.Adjacent to the family room is a gourmet kitchen, complete custom cabinetry, and granite countertops. Whether you're cooking for family meals or hosting lavish dinner parties, this kitchen is sure to impress even the most discerning chef.
The main level also features a spacious office, offering versatility for remote work or as an additional bedroom to suit your needs.Upstairs, retreat to the luxurious master bedroom suite, featuring expansive walk-in closets and a spa-like ensuite bathroom with a double vanity. This tranquil haven provides the perfect escape at the end of a long day.As you explore further, you'll find an exquisite finished basement, boasting a built-in bar where you can entertain guests with style. The basement also hosts a comfortable guest room and a convenient full bathroom, providing ample space for visitors or extended family members.
One of the highlights of this home is the expansive deck overlooking a serene wooded lot, providing the perfect setting for outdoor gatherings or quiet relaxation amidst nature's beauty.Located in a sought-after neighborhood, this property offers the perfect blend of tranquility and convenience, with easy access to local amenities, schools, and major roadways.Don't miss the opportunity to make this exceptional property your own. Schedule a showing today !

Last Agent to Sell the Property

Mike Patel

Equity Pennsylvania Real Estate License #RM425589 Listed on: 05/29/2024

Last Buyer's Agent

Mit Patel

Equity Pennsylvania Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,272

Year Built

  • Built in 2013

Lot Details

  • 0.28 Acre Lot
  • Property is zoned RA

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Permanent Foundation
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Views of Woods
  • Finished Basement
  • Natural lighting in basement

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • $550 Capital Contribution Fee
  • Wellington Ests Subdivision

Listing and Financial Details

  • Tax Lot 105
  • Assessor Parcel Number 02-071-105

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,272

Year Built

Built in 2013

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: Main
  • Expected On Market: 2024-05-31
  • Year Built: 2013
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 1305 Cheltenham Drive, a captivating residence nestled in the heart of Bensalem, PA. This meticulously designed home offers an array of luxurious features ideal for modern living.Step inside to discover a grand two-story foyer that sets the tone for elegance and sophistication. The foyer leads into a stunning family room, where soaring ceilings and oversized windows create a spacious and inviting atmosphere, perfect for gatherings and relaxation.Adjacent to the family room is a gourmet kitchen, complete custom cabinetry, and granite countertops. Whether you're cooking for family meals or hosting lavish dinner parties, this kitchen is sure to impress even the most discerning chef. The main level also features a spacious office, offering versatility for remote work or as an additional bedroom to suit your needs.Upstairs, retreat to the luxurious master bedroom suite, featuring expansive walk-in closets and a spa-like ensuite bathroom with a double vanity. This tranquil haven provides the perfect escape at the end of a long day.As you explore further, you'll find an exquisite finished basement, boasting a built-in bar where you can entertain guests with style. The basement also hosts a comfortable guest room and a convenient full bathroom, providing ample space for visitors or extended family members. One of the highlights of this home is the expansive deck overlooking a serene wooded lot, providing the perfect setting for outdoor gatherings or quiet relaxation amidst nature's beauty.Located in a sought-after neighborhood, this property offers the perfect blend of tranquility and convenience, with easy access to local amenities, schools, and major roadways.Don't miss the opportunity to make this exceptional property your own. Schedule a showing today !
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Permanent
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Daylight, Full, Fully Finished
  • Total Sq Ft: 4643
  • Living Area Sq Ft: 3443
  • Price Per Sq Ft: 245.43
  • Above Grade Finished Sq Ft: 3443
  • Below Grade Sq Ft: 1200
  • Total Below Grade Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1305

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • View: Trees/Woods
  • 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 - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 500.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 550.00

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: 12010.00
  • Year Assessed: 2023
  • Zoning: RA

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 9634.00
  • Tax Annual Amount: 12272.00
  • Assessor Parcel Number: 02-071-105
  • Tax Lot: 105
  • Tax Total Finished Sq Ft: 3443
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 07/22/2024

MLS Schools

  • School District Name: BENSALEM TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Jul 22, 2024
Sold by
Reddy Hemalatha B and Reddy Bollam
Bought by
Patel Karan and Patel H
Seller's Agent
Mike Patel
Equity Pennsylvania Real Estate
Buyer's Agent
Mit Patel
Equity Pennsylvania Real Estate
List Price
$845,000
Sold Price
$870,000
Premium/Discount to List
$25,000
2.96%
Views
50
Current Estimated Value
$906,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,310
Avg. Annual Appreciation
4.26%
Original Mortgage
$500,000
Outstanding Balance
$496,621
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$409,689

Purchase Details

Closed on
Dec 17, 2013
Sold by
Dr Horton Inc New Jersey
Bought by
Reddy Hemalatha B and Reddy Bollam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,990
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2012
Sold by
Wellington Estates Investors Lp
Bought by
Dr Horton Inc

Purchase Details

Closed on
Jun 1, 2012
Sold by
Rouse/Chamberlin Ltd
Bought by
Wellington Estates Investors Lp
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $870,000 Title Services
Deed $519,990 First American Title Ins Co
Deed $1,920,000 None Available
Receivers Deed $2,175,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Previous Owner $415,990 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2024 07/22/24 Sold $870,000 +3.0% $253 / Sq Ft
06/06/2024 06/06/24 Off Market $845,000 -- --
06/04/2024 06/04/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $845,000 -- $245 / 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
2024 $12,530 $57,400 $6,600 $50,800
2023 $12,177 $57,400 $6,600 $50,800
2022 $12,106 $57,400 $6,600 $50,800
2021 $12,106 $57,400 $6,600 $50,800
2020 $11,984 $57,400 $6,600 $50,800
2019 $11,717 $57,400 $6,600 $50,800
2018 $11,445 $57,400 $6,600 $50,800
2017 $11,373 $57,400 $6,600 $50,800
2016 $11,373 $57,400 $6,600 $50,800
2015 -- $57,400 $6,600 $50,800
2014 -- $5,280 $5,280 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2071732

Bright MLS

APN: 02-071-105