$390,000
SOLD NOV 20, 2024

40 Freedom Ln Unit 40 Bensalem, PA 19020

2 Beds
2.5 Baths
1,265 Sq Ft
$250/mo HOA Fee

Recently Sold

$308 Per Sq Ft

1% Above List Price

1 Day on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Community Pool
  • Senior Living
  • Traditional Architecture
  • 1 Car Attached Garage

About This Home

As of November 2024

Beautiful living and elegant comfort in the vibrant 55+ community of Chancellor Glen! This lovely two-story quad home is an ideal blend of style and functionality, perfect for those seeking both first floor living and the extra space of a second level. Step inside to find beautiful hardwood floors guiding you through a spacious and open layout. The first floor is designed for ease and comfort, with a half bath for guests, a cozy living room, and a formal dining area that creates the perfect space for entertaining or relaxing.

A well-appointed kitchen with ample cabinet space makes meal preparation a breeze, and just around the corner is a convenient laundry room. The first floor is completed by the spacious primary bedroom suite offering a true retreat with a stall shower, soaking tub, and generous closet space, including a walk-in closet with a bonus room that could double as a cozy reading nook or home office. Upstairs, you'll find a second bedroom that mirrors the primary suite, with another full bathroom—plus two walk-in closets which one can be used for bonus space for extra storage or personalization.

Outside, enjoy your morning coffee on the charming front porch, surrounded by manicured landscaping, or head down to the unfinished basement to work on your latest project. This home is part of a vibrant community that encourages an active lifestyle with its many amenities. Spend time at the clubhouse, take a refreshing dip in the indoor pool, stay fit in the health club, or enjoy peaceful walks along scenic paths with beautiful fountains scattered throughout the neighborhood. Conveniently located near major highways, shopping, and dining, this home offers the perfect balance of tranquility and accessibility. Your next chapter starts here - welcome to Chancellor Glen!

Last Agent to Sell the Property

Jeff Rushton

First Heritage Realty Alliance, LLC Listed on: 10/12/2024

Last Buyer's Agent

Theresa Sivertsen

Century 21 Veterans-Newtown License #RS305495

Century 21 Veterans-Newtown

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $5,990

Year Built

  • Built in 2003

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • 1,265 Sq Ft Home
  • Property has 2 Levels
  • Finished Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Accessible Home Design

  • Chairlift

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 100
  • Assessor Parcel Number 02-051-100

Community Details

Overview

  • Senior Living
  • $1,250 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, health club, lawn maintenance, pool(s), recreation facility, snow removal
  • Senior Community | Residents must be 55 or older
  • Village At Chancellor Glen Association
  • Chancellor Glen Subdivision
  • Property Manager

Amenities

  • Clubhouse
  • Community Library

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Co-Op

Est. Annual Taxes

$5,990

Year Built

Built in 2003

Lot Details

0

HOA Fees

$250 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Accessibility Features: Chairlift
  • Ownership: Cooperative
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-10-17
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Remarks Public: Beautiful living and elegant comfort in the vibrant 55+ community of Chancellor Glen! This lovely two-story quad home is an ideal blend of style and functionality, perfect for those seeking both first floor living and the extra space of a second level. Step inside to find beautiful hardwood floors guiding you through a spacious and open layout. The first floor is designed for ease and comfort, with a half bath for guests, a cozy living room, and a formal dining area that creates the perfect space for entertaining or relaxing. A well-appointed kitchen with ample cabinet space makes meal preparation a breeze, and just around the corner is a convenient laundry room. The first floor is completed by the spacious primary bedroom suite offering a true retreat with a stall shower, soaking tub, and generous closet space, including a walk-in closet with a bonus room that could double as a cozy reading nook or home office. Upstairs, you'll find a second bedroom that mirrors the primary suite, with another full bathroom—plus two walk-in closets which one can be used for bonus space for extra storage or personalization. Outside, enjoy your morning coffee on the charming front porch, surrounded by manicured landscaping, or head down to the unfinished basement to work on your latest project. This home is part of a vibrant community that encourages an active lifestyle with its many amenities. Spend time at the clubhouse, take a refreshing dip in the indoor pool, stay fit in the health club, or enjoy peaceful walks along scenic paths with beautiful fountains scattered throughout the neighborhood. Conveniently located near major highways, shopping, and dining, this home offers the perfect balance of tranquility and accessibility. Your next chapter starts here - welcome to Chancellor Glen!
  • Special Features: None
  • Property Sub Type: Coop

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 1265
  • Living Area Sq Ft: 1265
  • Price Per Sq Ft: 303.95
  • Above Grade Finished Sq Ft: 1265
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 250.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Fitness Center, Library, Swimming Pool, Club House
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Health Club, Lawn Maintenance, Pool(s), Recreation Facility, Snow Removal
  • HOA Name: VILLAGE AT CHANCELLOR GLEN ASSOCIATION
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 1250.00

Schools

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

Lot Info

  • Land Use Code: 1060
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2024
  • Zoning: R

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 4703.00
  • Tax Annual Amount: 5990.00
  • Assessor Parcel Number: 02-051-100
  • Tax Lot: 100
  • Tax Total Finished Sq Ft: 1265
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 11/20/2024

MLS Schools

  • School District Name: BENSALEM TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2024
Closed on
Nov 15, 2024
Sold by
Rushton William J and Rushto Geraldine
Bought by
Nelson David B and Nelson Alyson Lee
Seller's Agent
Jeff Rushton
First Heritage Realty Alliance, LLC
Buyer's Agent
Theresa Sivertsen
Century 21 Veterans-Newtown
List Price
$384,500
Sold Price
$390,000
Premium/Discount to List
$5,500
1.43%
Views
15
Current Estimated Value
$400,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,953
Avg. Annual Appreciation
3.66%

Purchase Details

Closed on
Jun 12, 2019
Sold by
Rushton Geraldine
Bought by
Rushton William J Rushton and Rushton Geraldine D

Purchase Details

Listed on
Aug 6, 2017
Closed on
Sep 28, 2017
Sold by
Petzold Carl F
Bought by
Rushton William and Rushton Geraldine
Seller's Agent
Leanor Judge
Long & Foster Real Estate, Inc.
Buyer's Agent
Jeff Rushton
First Heritage Realty Alliance, LLC
List Price
$289,900
Sold Price
$285,000
Premium/Discount to List
-$4,900
-1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.40%

Purchase Details

Closed on
Sep 1, 2006
Sold by
Muller Ida M
Bought by
Petzold Carl F and Petzold Joan L

Purchase Details

Closed on
Dec 22, 2003
Sold by
The Villas At Regents Glen Lp
Bought by
Muller Ida M
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 Type Sale Price Title Company
Deed $390,000 Infinity Title
Interfamily Deed Transfer -- Advantage Abstract Inc
Deed $285,000 None Available
Deed $285,000 None Available
Deed $198,980 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2024 11/20/24 Sold $390,000 +1.4% $308 / Sq Ft
10/13/2024 10/13/24 Pending -- -- --
10/12/2024 10/12/24 For Sale $384,500 +34.9% $304 / Sq Ft
09/28/2017 09/28/17 Sold $285,000 -1.7% $139 / Sq Ft
08/24/2017 08/24/17 Pending -- -- --
08/24/2017 08/24/17 For Sale $289,900 -- $141 / 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 $5,798 $26,560 $2,360 $24,200
2024 $5,798 $26,560 $2,360 $24,200
2023 $5,634 $26,560 $2,360 $24,200
2022 $5,602 $26,560 $2,360 $24,200
2021 $5,602 $26,560 $2,360 $24,200
2020 $5,545 $26,560 $2,360 $24,200
2019 $5,422 $26,560 $2,360 $24,200
2018 $5,296 $26,560 $2,360 $24,200
2017 $5,263 $26,560 $2,360 $24,200
2016 $5,263 $26,560 $2,360 $24,200
2015 -- $26,560 $2,360 $24,200
2014 -- $26,560 $2,360 $24,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2080640

Bright MLS

APN: 02-051-100