NOT LISTED FOR SALE

202 E Palmer St Morrisville, PA 19067

Estimated Value: $287,000 - $340,000

-- Bed
1 Bath
1,468 Sq Ft
$206/Sq Ft Est. Value

Last Sold November 29, 2013

Last sale price $138,000 $94 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $2,000/month

123 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Gas
  • Shed
  • Laundry Facilities

About This Home

As of November 2013

Great investment opportunity located in Morrisville. A cozy Picturesque duplex nestled in Bucks county historic towpath. 2nd floor offers 1 bedroom, bathroom, kitchen, living room and loft which can be used as a 2nd bedroom. 1 floor offers 1 bedroom, kitchen, living room and unfinished basement. Both apartments have access to shed and laundry room. This duplex is conveniently located to shopping, recreational parks and a variety of restaurants and walking distance to Actors'Net of Bucks County Theatre.

Last Agent to Sell the Property

Grace Arroyo

HomeSmart Nexus Realty Group - Newtown License #TREND:60036374 Listed on: 06/18/2013

Last Buyer's Agent

Ray Jain

Landcorp International

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,738

Year Built

  • Built in 1918

Lot Details

  • 5,265 Sq Ft Lot
  • Lot Dimensions are 65x81

Parking

  • 1 Open Parking Space

Home Design

  • Duplex

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,468 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Shed
  • Storage Shed

Schools

  • Morrisville High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • 200+ Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Laundry Facilities
  • Operating Expense $2,704

Listing and Financial Details

  • Tax Lot 556
  • Assessor Parcel Number 24-008-556

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,738

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement, Shed
  • Year Built: 1918
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Common, Has Laundry
  • Total Sq Ft: 1468
  • Living Area Sq Ft: 1468
  • Price Per Sq Ft: 108.31
  • Above Grade Finished Sq Ft: 1468
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Completed: No
  • 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

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Gas, Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MORRISVILLE BOROUGH
  • High School: MORRISVILLE
  • School District Key: 300200397503
  • High School: MORRISVILLE

Lot Info

  • Improvement Assessed Value: 9320.00
  • Land Assessed Value: 1880.00
  • Land Use Code: 1001
  • Lot Size Acres: 0.08
  • Lot Dimensions: 65X81
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5265.00
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 122090
  • Tax Annual Amount: 2738.00
  • Assessor Parcel Number: 24-008-556
  • Tax Lot: 556
  • Tax Year: 2013
  • Close Date: 11/29/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2022
Sold by
West Pratiksha Jain
Bought by
West Pratiksha Jain and West Andrew Scott
Current Estimated Value
$314,218

Purchase Details

Closed on
Sep 14, 2020
Sold by
Gupta Kunal and Jain Pratiksha
Bought by
Jain Pratiksha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2013
Closed on
Nov 20, 2013
Sold by
Gamble Harry R
Bought by
Gupta Kunal and Jain Pratiksha
Seller's Agent
Grace Arroyo
HomeSmart Nexus Realty Group - Newtown
Buyer's Agent
Ray Jain
Landcorp International
List Price
$169,000
Sold Price
$138,000
Premium/Discount to List
-$31,000
-18.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$96,600
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2003
Sold by
Gamble Harry R
Bought by
Gamble Harry R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
West Pratiksha Jain -- Skh Abstract
Jain Pratiksha -- Skh Abstract Agency Inc
Gupta Kunal $138,000 None Available
Gamble Harry R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jain Pratiksha $89,000
Previous Owner Gupta Kunal $96,600
Previous Owner Gamble Harry R $58,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2013 11/29/13 Sold $138,000 -18.3% $94 / Sq Ft
10/19/2013 10/19/13 Pending -- -- --
06/18/2013 06/18/13 For Sale $169,000 -- $115 / 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 $3,606 $11,200 $1,880 $9,320
2024 $3,606 $11,200 $1,880 $9,320
2023 $3,573 $11,200 $1,880 $9,320
2022 $3,495 $11,200 $1,880 $9,320
2021 $3,341 $11,200 $1,880 $9,320
2020 $3,272 $11,200 $1,880 $9,320
2019 $3,115 $11,200 $1,880 $9,320
2018 $3,049 $11,200 $1,880 $9,320
2017 $3,043 $11,200 $1,880 $9,320
2016 $3,048 $11,200 $1,880 $9,320
2015 -- $11,200 $1,880 $9,320
2014 -- $11,200 $1,880 $9,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003492798

Bright MLS

APN: 24-008-556