NOT LISTED FOR SALE

505 Colgate Ct Unit 505 Bensalem, PA 19020

Bensalem Neighborhood

Estimated Value: $382,000 - $433,000

3 Beds
2.5 Baths
2,705 Sq Ft
$223/mo HOA Fee

Last Sold August 31, 2018

Last sale price $250,000 $92 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,815/month

35 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Attic
  • Clubhouse
  • Wood Flooring
  • 1 Fireplace

About This Home

As of August 2018

Unpack your bags and move right into this meticulously maintained Former Model home in the desirable Bensalem Village. Largest square footage in the development. Home features a large living room, a dining room, family room with a wood burning fire place, an updated kitchen with breakfast nook, a mud room and a Den/Office. Three bedrooms with an oversized owner's suite, his and her closets and a master bathroom. The basement is professionally finished with ample room for storage. Make this property yours as you will be proud to call it home for years to come.

Last Agent to Sell the Property

Maher Tarazi

KW Greater West Chester License #RS280452 Listed on: 06/14/2018

KW Greater West Chester

Last Buyer's Agent

Paul Honorkiewicz

RE/MAX Central - Blue Bell License #1754309

RE/MAX Central - Blue Bell

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,070

Year Built

  • Built in 1989

Lot Details

  • Back and Front Yard
  • Property is in good condition

HOA Fees

  • $223 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2.5 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Deck
  • Play Equipment

Schools

  • Russell C Struble Elementary School
  • Robert K Shafer Middle School
  • Bensalem Township High School

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 105
  • Assessor Parcel Number 02-094-105

Community Details

Overview

  • Association fees include pool(s), common area maintenance, exterior building maintenance, lawn maintenance, snow removal, trash
  • $2,676 Other One-Time Fees
  • Bensalem Vil Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,070

Year Built

Built in 1989

Lot Details

0

HOA Fees

$223 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Inclusions: Washer, Dryer, Fridge
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1989
  • Remarks Public: Unpack your bags and move right into this meticulously maintained Former Model home in the desirable Bensalem Village. Largest square footage in the development. Home features a large living room, a dining room, family room with a wood burning fire place, an updated kitchen with breakfast nook, a mud room and a Den/Office. Three bedrooms with an oversized owner's suite, his and her closets and a master bathroom. The basement is professionally finished with ample room for storage. Make this property yours as you will be proud to call it home for years to come.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Oven - Self Cleaning, Dishwasher
  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Interior Amenities: Butlers Pantry, Ceiling Fan(s), Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Living Room
  • Levels Count: 2
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2705
  • Living Area Sq Ft: 2705
  • Net Sq Ft: 2055.00
  • Price Per Sq Ft: 128.95
  • Above Grade Finished Sq Ft: 2055
  • Below Grade Finished Sq Ft: 650
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 505

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights, Tennis Court(s), Satellite Dish, Play Equipment
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Underground
  • Heating Fuel: Electric
  • Heating Type: Electric, Heat Pump - Electric Backup, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 223.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Tennis Courts, Club House, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Fee Information

  • Other Fees: 2676.00
  • Other Fees Frequency: One Time

Schools

  • School District: BENSALEM TOWNSHIP
  • Elementary School: RUSSELL C STRUBLE
  • Middle School: ROBERT K SHAFER
  • High School: BENSALEM TOWNSHIP
  • School District Key: 300200397323
  • Elementary School: RUSSELL C STRUBLE
  • High School: BENSALEM TOWNSHIP
  • Middle Or Junior School: ROBERT K SHAFER

Lot Info

  • Improvement Assessed Value: 24960.00
  • Land Use Code: 1013
  • Lot Features: Front Yard, Rear Yard
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2055.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: R3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 18104
  • Tax Annual Amount: 5070.00
  • Assessor Parcel Number: 02-094-105
  • Tax Lot: 105
  • Tax Year: 2018
  • Close Date: 08/31/2018

MLS Schools

  • School District Name: BENSALEM TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2018
Closed on
Aug 28, 2018
Sold by
Alqzatanani Ismail and Alkahlout Nisreen
Bought by
Ilyas Bharuchi Azmat and Ilyas Bharuchi
Seller's Agent
Maher Tarazi
KW Greater West Chester
Buyer's Agent
Paul Honorkiewicz
RE/MAX Central - Blue Bell
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%
Total Days on Market
35
Current Estimated Value
$402,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,856
Avg. Annual Appreciation
7.09%
Original Mortgage
$199,040
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 1992
Bought by
Harris Lori T
Source: Public Records

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Range of Values:

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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
Ilyas Bharuchi Azmat $248,800 Properties Abstract Inc
Harris Lori T $99,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bharuchi Azmat $18,900
Open Bharuchi Azmat $245,600
Closed Bharuchi Azmat $203,000
Closed Ilyas Bharuchi Azmat $199,040
Previous Owner Bharuchi Azmat $45,000
Previous Owner Alqatanani Ismail $170,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $250,000 -5.7% $92 / Sq Ft
07/19/2018 07/19/18 Pending -- -- --
07/19/2018 07/19/18 For Sale $265,000 0.0% $98 / Sq Ft
06/14/2018 06/14/18 For Sale $265,000 -- $98 / 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
2024 $5,449 $24,960 $0 $24,960
2023 $5,295 $24,960 $0 $24,960
2022 $5,264 $24,960 $0 $24,960
2021 $5,264 $24,960 $0 $24,960
2020 $5,211 $24,960 $0 $24,960
2019 $5,095 $24,960 $0 $24,960
2018 $4,977 $24,960 $0 $24,960
2017 $4,946 $24,960 $0 $24,960
2016 $4,946 $24,960 $0 $24,960
2015 -- $24,960 $0 $24,960
2014 -- $24,960 $0 $24,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001865304

Bright MLS

APN: 02-094-105