NOT LISTED FOR SALE

407 Justice Ln Morrisville, PA 19067

Estimated Value: $501,000 - $573,000

3 Beds
2 Baths
1,520 Sq Ft
$342/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $304,000 $200 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,250/month

23 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Laundry Room
  • Eleanor Roosevelt Elementary School Rated A-
  • Living Room
  • Central Air

About This Home

As of December 2018

A recently remodeled three-bedroom home within the highly rated Pennsbury School District can now be yours at a very affordable price. This naturally bright home, with great curb appeal, boasts refinished hardwood floors on its first floor, a joint living room and dining area that showcases a raised ceiling and an open and airy kitchen that comes filled with stainless steel appliances. The master suite features a double closet with space saving by-pass doors, a modern lighted ceiling fan and a fully renovated bathroom. Bedrooms two and three are neat and clean. Lighted ceiling fans, ample closet space and lots of sunlight are all perks they offer. The hallway bath is highlighted by a contemporary full size tub. The lower level adds a fantastic multi-functional space that enjoys natural light, provides extra storage space, and hosts the laundry area. A fenced, private backyard with a storage shed awaits its new homeowners. This home is not to be missed. Quality craftsmanship is abound!

Last Agent to Sell the Property

Mohammed Husain

(215) 801-5116 mhusain0786@hotmail.com Kaczor Real Estate, Inc. Listed on: 10/20/2018

Last Buyer's Agent

Ann Marie Walsh

(267) 716-4597 amwcellshomes@comcast.net Keller Williams Real Estate - Bensalem

Keller Williams Real Estate - Bensalem

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,419

Year Built

  • Built in 1986

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 60x100
  • Property is zoned MR

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 1,520 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level

Parking

  • Driveway
  • On-Street Parking

Schools

  • Pennsbury High School

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Penns Grant Subdivision

Listing and Financial Details

  • Tax Lot 481
  • Assessor Parcel Number 13-030-481

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,419

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Exclusions: Washer, Dryer And Rerefrigerator
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: No
  • Laundry Type: Lower Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1520
  • Living Area Sq Ft: 1520
  • Net Sq Ft: 1520.00
  • Price Per Sq Ft: 203.95
  • Above Grade Finished Sq Ft: 1520
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Type Of Parking: On Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: PENNSBURY

Lot Info

  • Improvement Assessed Value: 21720.00
  • Land Assessed Value: 5480.00
  • Lot Size Acres: 0.14
  • Lot Dimensions: 60X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6000.00
  • Zoning: MR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 70823
  • Tax Annual Amount: 5419.00
  • Assessor Parcel Number: 13-030-481
  • Tax Lot: 481
  • Tax Data Updated: No
  • Tax Year: 2018

MLS Schools

  • School District Name: PENNSBURY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2018
Closed on
Dec 28, 2018
Sold by
Malik Muhsin Tolulope
Bought by
Panicker Tisin and Panicker Valerie Ann
Seller's Agent
Mohammed Husain
Kaczor Real Estate, Inc.
Buyer's Agent
Ann Marie Walsh
Keller Williams Real Estate - Bensalem
List Price
$310,000
Sold Price
$304,000
Premium/Discount to List
-$6,000
-1.94%
Current Estimated Value
$519,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,847
Avg. Annual Appreciation
8.09%
Original Mortgage
$288,800
Outstanding Balance
$254,934
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$264,913

Purchase Details

Listed on
Sep 20, 2016
Closed on
Nov 16, 2016
Sold by
Samuels Stephen D and Samuels Paula
Bought by
Malik Muhisn Tolulope
Seller's Agent
Joseph Delucia
Century 21 Veterans-Newtown
Buyer's Agent
Mohammed Husain
Kaczor Real Estate, Inc.
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.89%
Original Mortgage
$261,250
Interest Rate
3.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 21, 2012
Closed on
Mar 28, 2012
Sold by
Sullivan Ryan and Sullivan Jean Marie
Bought by
Samuels Stephen D and Samuels Paula
Seller's Agent
Maureen Riley
RE/MAX Properties - Newtown
Buyer's Agent
TRISH MACINTYRE
Long & Foster Real Estate, Inc.
List Price
$269,900
Sold Price
$255,000
Premium/Discount to List
-$14,900
-5.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.64%
Original Mortgage
$204,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2011
Sold by
Sullivan Ryan
Bought by
Sullivan Ryan and Sullivan Jean Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,496
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 20, 2004
Sold by
Shah Mahendrakumer R and Shah Pushpaben M
Bought by
Sullivan Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,920
Interest Rate
7.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Panicker Tisin $304,000 Bucks County Abstract Servic
Malik Muhisn Tolulope $275,000 None Available
Samuels Stephen D $255,000 None Available
Sullivan Ryan -- None Available
Sullivan Ryan $247,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panicker Tisin $288,800
Previous Owner Malik Muhisn Tolulope $261,250
Previous Owner Samuels Stephen D $204,000
Previous Owner Sullivan Ryan $288,496
Previous Owner Sullivan Ryan $197,920
Closed Sullivan Ryan $49,480
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2018 12/28/18 Sold $304,000 -1.9% $200 / Sq Ft
11/12/2018 11/12/18 Pending -- -- --
10/20/2018 10/20/18 For Sale $310,000 +12.7% $204 / Sq Ft
11/21/2016 11/21/16 Sold $275,000 0.0% $181 / Sq Ft View Prior Sale
10/10/2016 10/10/16 Pending -- -- --
09/20/2016 09/20/16 For Sale $275,000 +7.8% $181 / Sq Ft
03/28/2012 03/28/12 Sold $255,000 -5.5% $168 / Sq Ft View Prior Sale
02/01/2012 02/01/12 Pending -- -- --
01/21/2012 01/21/12 For Sale $269,900 -- $178 / 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 $6,058 $27,200 $5,480 $21,720
2024 $6,058 $27,200 $5,480 $21,720
2023 $5,804 $27,200 $5,480 $21,720
2022 $5,623 $27,200 $5,480 $21,720
2021 $5,515 $27,200 $5,480 $21,720
2020 $5,515 $27,200 $5,480 $21,720
2019 $5,419 $27,200 $5,480 $21,720
2018 $5,351 $27,200 $5,480 $21,720
2017 $5,216 $27,200 $5,480 $21,720
2016 $5,216 $27,200 $5,480 $21,720
2015 $5,001 $27,200 $5,480 $21,720
2014 $5,001 $27,200 $5,480 $21,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1009972066

Bright MLS

APN: 13-030-481