NOT LISTED FOR SALE

1878 Gibson Rd Unit 28 Bensalem, PA 19020

Estimated Value: $302,000 - $322,000

2 Beds
2 Baths
1,137 Sq Ft
$274/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $265,000 $233 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,280/month

28 Days on Market

Highlights

  • Fitness Center
  • View of Trees or Woods
  • Clubhouse
  • Senior Living
  • Colonial Architecture
  • Engineered Wood Flooring

About This Home

As of March 2023

Welcome to our end unit home located in Salem Manor! This is an active adult community with maintenance free living. This home is nicely maintained. As you enter you will see the upgraded laminated hardwood floors. An open floor plan concept brings you to the living room. The living room provides plenty of space and it leads to the kitchen. The large eat in kitchen provides gas cooking with a newer microwave, and dishwasher. From the living room you walk up the carpeted steps to the loft. As part of the loft there is a large storage area. That is a bonus that can be used for many things. Leave it to your imagination! Back on the main floor the hallway brings you to a full hall bath. In the hall is the laundry area. The spacious master bedroom is at the end of the hall. The master bedroom has a spacious master bathroom. Next to the master bedroom is the second bedroom with a large walk-in closet. If you want a place to relax sit on the balcony and enjoy your view of the Woods across the street. The association takes care of the grounds, external building maintenance, lawn & snow removal, and trash. Salem Manor features a club house with a fitness area. If you like gardening, there is a community garden. If you are into tennis, there is a court to use. If not, there is a beautiful walking trail. Furniture is included and you may keep what's there or it will be removed. Aside from all of that, it is close to shopping and routes 95 and the PA turnpike. Make your appointment today to see this lovely home.

Last Agent to Sell the Property

Anthony Verna

Weichert, Realtors - Cornerstone License #RS316149 Listed on: 01/25/2023

Weichert, Realtors - Cornerstone

Last Buyer's Agent

Brein Molino

Weichert, Realtors - Cornerstone License #RS363605

Weichert, Realtors - Cornerstone

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,074

Year Built

  • Built in 2002

HOA Fees

  • $255 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,137 Sq Ft Home
  • Property has 1.5 Levels
  • Partially Furnished
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Loft
  • Views of Woods
  • Attic

Kitchen

  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Washer
  • Gas Dryer

Parking

  • Free Parking
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Natural Gas Water Heater

Additional Features

  • Chairlift
  • Property is in excellent condition

Listing and Financial Details

  • Tax Lot 066-028
  • Assessor Parcel Number 02-051-066-028

Community Details

Overview

  • Senior Living
  • $1,000 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, recreation facility, road maintenance, snow removal, trash
  • Senior Community | Residents must be 55 or older
  • Salem Manor Subdivision

Amenities

  • Common Area
  • Clubhouse
  • Party Room

Recreation

  • Community Playground
  • Fitness Center
  • Jogging Path

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,074

Year Built

Built in 2002

Lot Details

0

HOA Fees

$255 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Accessibility Features: Chairlift
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Refrigerator, washer, dryer, TV in the bedroom. (all as is condition)
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2002
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Remarks Public: Welcome to our end unit home located in Salem Manor! This is an active adult community with maintenance free living. This home is nicely maintained. As you enter you will see the upgraded laminated hardwood floors. An open floor plan concept brings you to the living room. The living room provides plenty of space and it leads to the kitchen. The large eat in kitchen provides gas cooking with a newer microwave, and dishwasher. From the living room you walk up the carpeted steps to the loft. As part of the loft there is a large storage area. That is a bonus that can be used for many things. Leave it to your imagination! Back on the main floor the hallway brings you to a full hall bath. In the hall is the laundry area. The spacious master bedroom is at the end of the hall. The master bedroom has a spacious master bathroom. Next to the master bedroom is the second bedroom with a large walk-in closet. If you want a place to relax sit on the balcony and enjoy your view of the Woods across the street. The association takes care of the grounds, external building maintenance, lawn & snow removal, and trash. Salem Manor features a club house with a fitness area. If you like gardening, there is a community garden. If you are into tennis, there is a court to use. If not, there is a beautiful walking trail. Furniture is included and you may keep what's there or it will be removed. Aside from all of that, it is close to shopping and routes 95 and the PA turnpike. Make your appointment today to see this lovely home.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Engineered Wood
  • Interior Amenities: Carpet, Combination Kitchen/Dining, Wood Floors, Ceiling Fan(s), Walk-In Closet(s), Window Treatments, Attic, Skylight(s)
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1.5
  • Room List: Loft
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1137
  • Living Area Sq Ft: 1137
  • Price Per Sq Ft: 245.38
  • Above Grade Finished Sq Ft: 1137
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1878

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Asphalt, Shingle
  • Spa: No
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 255.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Fitness Center, Jog/Walk Path, Common Grounds, Party Room, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Recreation Facility, Road Maintenance, Snow Removal, Trash
  • HOA: No
  • Senior Community Age Requirement: 55
  • Senior Community: Yes
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 1000.00

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 23920.00
  • Land Use Code: 1013
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: R1

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11461
  • School Tax: 3975.00
  • Tax Annual Amount: 5074.00
  • Assessor Parcel Number: 02-051-066-028
  • Tax Lot: 066-028
  • Tax Total Finished Sq Ft: 1137
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/30/2023

MLS Schools

  • School District Name: BENSALEM TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2023
Closed on
Mar 30, 2023
Sold by
Ouslander Michael S
Bought by
Patel Krunal and Patel Nikita
Seller's Agent
Anthony Verna
Weichert, Realtors - Cornerstone
Buyer's Agent
Brein Molino
Weichert, Realtors - Cornerstone
List Price
$279,000
Sold Price
$265,000
Premium/Discount to List
-$14,000
-5.02%
Views
295
Current Estimated Value
$311,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,847
Avg. Annual Appreciation
5.54%

Purchase Details

Listed on
May 12, 2014
Closed on
Jul 11, 2014
Sold by
Luke Florence
Bought by
Ouslander Michael S
Seller's Agent
Angela Marchese
RE/MAX Properties - Newtown
Buyer's Agent
Anthony Verna
Weichert, Realtors - Cornerstone
List Price
$185,000
Sold Price
$177,000
Premium/Discount to List
-$8,000
-4.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.74%
Original Mortgage
$141,600
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2008
Sold by
Oconnell George and Oconnell Margaret
Bought by
Luke Florence

Purchase Details

Closed on
Sep 29, 2006
Sold by
Russo Anthony
Bought by
Oconnell George and Oconnell Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,400
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2002
Sold by
Holland Enterprises Inc
Bought by
Russo Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.05%
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 Krunal $265,000 None Listed On Document
Ouslander Michael S $177,000 None Available
Luke Florence $228,000 None Available
Oconnell George $223,000 None Available
Russo Anthony $147,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ouslander Michael S $141,600
Previous Owner Oconnell Margaret $140,000
Previous Owner Waters Florence B $100,000
Previous Owner Oconnell George $178,400
Previous Owner Russo Anthony $311,000
Previous Owner Russo Anthony $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2023 03/30/23 Sold $265,000 -5.0% $233 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
01/25/2023 01/25/23 For Sale $279,000 +57.6% $245 / Sq Ft
07/11/2014 07/11/14 Sold $177,000 -4.3% $156 / Sq Ft
06/10/2014 06/10/14 Pending -- -- --
05/12/2014 05/12/14 For Sale $185,000 -- $163 / 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 $3,916 $17,940 $0 $17,940
2023 $5,074 $23,920 $0 $23,920
2022 $5,045 $23,920 $0 $23,920
2021 $5,045 $23,920 $0 $23,920
2020 $4,994 $23,920 $0 $23,920
2019 $4,883 $23,920 $0 $23,920
2018 $4,769 $23,920 $0 $23,920
2017 $4,740 $23,920 $0 $23,920
2016 $4,740 $23,920 $0 $23,920
2015 -- $23,920 $0 $23,920
2014 -- $23,920 $0 $23,920
Source: Public Records

Agents Affiliated with this Home

  • Anthony Verna

    Seller's Agent in 2023

    Anthony Verna

    Weichert, Realtors - Cornerstone

    (267) 231-2516

    3 in this area

    45 Total Sales

    Section Image
  • Brein Molino

    Buyer's Agent in 2023

    Brein Molino

    Weichert, Realtors - Cornerstone

    (267) 751-5281

    3 in this area

    20 Total Sales

    Section Image
  • Angela Marchese

    Seller's Agent in 2014

    Angela Marchese

    RE/MAX

    (267) 253-9964

    72 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: PABU2042114

Bright MLS

APN: 02-051-066-028

Pennsylvania Bucks County Bensalem 19020

1878 Gibson Rd Unit 28, Bensalem, PA

This home is located at 1878 Gibson Rd Unit 28, Bensalem, PA 19020 since 25 January 2023 and is currently estimated at $311,847, approximately $274 per square foot. This property was built in 2002. 1878 Gibson Rd Unit 28 is a home located in Bucks County with nearby schools including Valley Elementary School, St. Ephrem School, and Bensalem Baptist School.

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