NOT LISTED FOR SALE

408 Federal Ln Morrisville, PA 19067

Estimated Value: $488,445 - $584,000

3 Beds
1.5 Baths
1,152 Sq Ft
$450/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $436,000 $378 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,267/month

3 Days on Market

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Central Air
  • Eleanor Roosevelt Elementary School Rated A-
  • Living Room
  • Dining Room

About This Home

As of August 2022

Welcome to 408 Federal Ln. in the wonderful Penns Grant community and highly sought after Pennsbury School District. Enter into the living room with a convenient built in coat cubby with top cabinets and lower pull out drawers, and a fireplace with beautiful mosaic tile and wooden mantel. The hardwood floors flow throughout the open concept first floor with gorgeously updated kitchen with stainless steel appliances, a huge center island with seating for 3, and pendant lights, plus a large dining area. Off of the dining area are sliding glass doors to an expansive deck perfect for summer barbecues, and a large, level flat backyard with storage shed and play set. Head upstairs to the primary bedroom with ceiling fan, huge wardrobe closet and a walk in as well. Two other bright and airy bedrooms with ample closet space and an updated hall bath complete this floor. The lower level offers a great family room and updated powder room for a wonderful flex space. All of this plus a community playground, and the convenient location close to shopping, I95, Route 1 and the Turnpike for a quick commute. Welcome to 408 Federal Ln. Maybe you are home already….

Last Agent to Sell the Property

Dale Cosack

(215) 860-4067 dale@thecosackteam.com BHHS Fox & Roach -Yardley/Newtown License #RS295531 Listed on: 07/28/2022

BHHS Fox & Roach -Yardley/Newtown

Last Buyer's Agent

Julia Smith

(215) 353-3368 juliasmith41@kw.com Keller Williams Real Estate -Exton

Keller Williams Real Estate -Exton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,871

Year Built

  • Built in 1986

Lot Details

  • 7,590 Sq Ft Lot
  • Lot Dimensions are 69.00 x 110.00
  • Property is zoned MR

Parking

  • 1 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Home Design

  • Split Level Home
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 1,152 Sq Ft Home
  • Property has 3 Levels
  • Family Room
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Eleanor Roosevelt Elementary School
  • Pennwood Middle School
  • 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 429
  • Assessor Parcel Number 13-030-429

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,871

Year Built

Built in 1986

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Exclusions: TV & Wall Mounts
  • Inclusions: Washer, dryer and refrigerator, and kids outdoor playset all as-is with no monetary value
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-07-28
  • Year Built: 1986
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Slab
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room
  • Basement: No
  • Total Sq Ft: 1152
  • Living Area Sq Ft: 1152
  • Price Per Sq Ft: 360.24
  • Above Grade Finished Sq Ft: 1152
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Half Bathroom: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

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

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: ELEANOR ROOSEVELT
  • High School: PENNSBURY
  • Middle Or Junior School: PENNWOOD

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 69.00 x 110.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7590.00
  • Zoning: MR

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 4943.00
  • Tax Annual Amount: 5871.00
  • Assessor Parcel Number: 13-030-429
  • Tax Lot: 429
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: PENNSBURY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2022
Closed on
Aug 26, 2022
Sold by
Rocks Michael J
Bought by
Jenkins Lynnel J
Seller's Agent
Dale Cosack
BHHS Fox & Roach -Yardley/Newtown
Buyer's Agent
Julia Smith
Keller Williams Real Estate -Exton
List Price
$415,000
Sold Price
$436,000
Premium/Discount to List
$21,000
5.06%
Current Estimated Value
$518,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,861
Avg. Annual Appreciation
5.50%
Original Mortgage
$422,920
Outstanding Balance
$404,971
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$113,890

Purchase Details

Listed on
Mar 10, 2018
Closed on
May 30, 2018
Sold by
Moonan Mary Jane
Bought by
Rocks Vanessa L and Rocks Michael J
Seller's Agent
Raymond Jones
EXP Realty, LLC
Buyer's Agent
Jane Johnson
BHHS Fox & Roach -Yardley/Newtown
List Price
$310,000
Sold Price
$315,500
Premium/Discount to List
$5,500
1.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$252,450
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2001
Sold by
Entwisle Frank
Bought by
Moonan Mary Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,875
Interest Rate
6.7%

Purchase Details

Closed on
Aug 29, 1997
Sold by
Zweier Curtis J and Zweier Cynthia E
Bought by
Entwisle Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.41%
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
Jenkins Lynnel J $436,000 None Listed On Document
Rocks Vanessa L $315,500 None Available
Moonan Mary Jane $172,500 --
Entwisle Frank $141,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jenkins Lynnel J $422,920
Previous Owner Rocks Vanessa L $252,450
Previous Owner Moonan Mary Jane $163,875
Previous Owner Entwisle Frank $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2022 08/26/22 Sold $436,000 +5.1% $378 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $415,000 +31.5% $360 / Sq Ft
05/29/2018 05/29/18 Sold $315,500 0.0% $274 / Sq Ft View Prior Sale
03/12/2018 03/12/18 Price Changed $315,500 +1.8% $274 / Sq Ft
03/11/2018 03/11/18 Pending -- -- --
03/10/2018 03/10/18 For Sale $310,000 -- $269 / 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 $6,325 $28,400 $5,680 $22,720
2024 $6,325 $28,400 $5,680 $22,720
2023 $6,060 $28,400 $5,680 $22,720
2022 $5,872 $28,400 $5,680 $22,720
2021 $5,758 $28,400 $5,680 $22,720
2020 $5,758 $28,400 $5,680 $22,720
2019 $5,658 $28,400 $5,680 $22,720
2018 $5,587 $28,400 $5,680 $22,720
2017 $5,447 $28,400 $5,680 $22,720
2016 $5,447 $28,400 $5,680 $22,720
2015 $4,989 $28,400 $5,680 $22,720
2014 $4,989 $28,400 $5,680 $22,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2032478

Bright MLS

APN: 13-030-429