NOT LISTED FOR SALE

2553 Galloway Rd Bensalem, PA 19020

Estimated Value: $367,507 - $967,000

2 Acres
$277,938 Price per Acre
87,120 Sq Ft Lot

Last Sold March 23, 2017

Last sale price $210,000 $146 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $3,192/month

Highlights

  • 2 Acre Lot
  • No HOA
  • En-Suite Primary Bedroom

About This Lot

As of March 2017

2 acre lot in Bensalem. The lot currently has a single family home on the property that requires complete renovation or demolition. The value of the property is in the land. Public water and sewer exist at the property. This land is close to shopping, schools and Parx casino and race track. This offers a great building opportunity.

Last Agent to Sell the Property

Sandra Taylor

(215) 913-9152 sandra.taylor@c21ag.com Century 21 Advantage Gold-Lower Bucks License #RS189089L Listed on: 09/30/2016

Century 21 Advantage Gold-Lower Bucks

Last Buyer's Agent

James Lamantia

james.lamantia@c21ag.com Century 21 Advantage Gold-Lower Bucks

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,438

Lot Details

  • 2 Acre Lot
  • Property is zoned R1

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Utilities

  • Well
  • On Site Septic

Community Details

  • No Home Owners Association
  • Center Point West Subdivision

Listing and Financial Details

  • Tax Lot 059
  • Assessor Parcel Number 02-033-059

Property Details

Property Type

Land

Est. Annual Taxes

$4,438

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • New Construction: No
  • Remarks Public: 2 acre lot in Bensalem. The lot currently has a single family home on the property that requires complete renovation or demolition. The value of the property is in the land. Public water and sewer exist at the property. This land is close to shopping, schools and Parx casino and race track. This offers a great building opportunity.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Room List: Primary Bedroom
  • Price Per Sq Ft: 2.98
  • Street Number Modifier: 2553

Exterior Features

  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: BENSALEM TOWNSHIP
  • School District Key: 300200397323

Lot Info

  • Improvement Assessed Value: 9000.00
  • Lot Size Acres: 2.00
  • Lot Dimensions: 144X444, LotWidth:144 X LotDepth:444
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 7670
  • Tax Annual Amount: 4438.00
  • Assessor Parcel Number: 02-033-059
  • Tax Lot: 059
  • Tax Year: 2017
  • Close Date: 03/23/2017

MLS Schools

  • School District Name: BENSALEM TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2016
Closed on
Mar 2, 2017
Sold by
Uva Vito
Bought by
Shendrya Vasiliy
Seller's Agent
Sandra Taylor
Century 21 Advantage Gold-Lower Bucks
Buyer's Agent
James Lamantia
Century 21 Advantage Gold-Lower Bucks
List Price
$260,000
Sold Price
$210,000
Premium/Discount to List
-$50,000
-19.23%
Current Estimated Value
$555,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,877
Avg. Annual Appreciation
12.06%

Purchase Details

Closed on
Aug 27, 1999
Sold by
Ritts Mary Ann
Bought by
Uva Vito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
7.65%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 9, 1944
Bought by
Ritts Dominic S and Ritts Carrie
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
Shendrya Vasiliy $210,000 J & A Abstract Inc
Uva Vito $145,000 --
Ritts Dominic S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Uva Vito $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2017 03/23/17 Sold $210,000 -19.2% $146 / Sq Ft
02/14/2017 02/14/17 Pending -- -- --
09/30/2016 09/30/16 For Sale $260,000 -- $181 / 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 $2,925 $13,400 $13,400 --
2024 $2,925 $13,400 $13,400 $0
2023 $2,843 $13,400 $13,400 $0
2022 $2,826 $13,400 $13,400 $0
2021 $2,826 $13,400 $13,400 $0
2020 $4,677 $22,400 $13,400 $9,000
2019 $4,572 $22,400 $13,400 $9,000
2018 $4,466 $22,400 $13,400 $9,000
2017 $4,438 $22,400 $13,400 $9,000
2016 $4,438 $22,400 $13,400 $9,000
2015 -- $22,400 $13,400 $9,000
2014 -- $22,400 $13,400 $9,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002592215

Bright MLS

APN: 02-033-059