505 Walnut Ave Bensalem, PA 19020
Estimated payment $3,113/month
Highlights
- Popular Property
- Water Access
- No HOA
- Home fronts navigable water
- 1 Fireplace
- 90% Forced Air Heating and Cooling System
About This Home
Welcome to this hidden gem in desirable Torresdale Manor in Bensalem! This charming 4-bedroom, 1.5-bath home offers a perfect blend of character, space, and versatility. Step onto the inviting enclosed front porch—ideal for relaxing year-round—and enter into a spacious living room featuring a stunning stone gas fireplace. The adjoining dining room (or bonus room) offers flexibility to suit your needs, and both rooms showcase beautiful hardwood flooring.T he large eat-in kitchen provides plenty of space for gatherings and flows seamlessly to the rear deck, overlooking a huge backyard—perfect for entertaining, gardening, or outdoor fun. Upstairs, you’ll find four generously sized bedrooms and a full hall bathroom, offering comfortable living for everyone. The full basement includes a laundry area and additional storage potential. Outside, a detached garage has been thoughtfully converted into a game room, complete with a bonus room and separate electric—ideal for a home office, studio, or entertainment space. As an added bonus, the property includes riparian rights to the Delaware River, offering access to a private gated beach, picnic area, and docks available for a yearly fee—perfect for enjoying waterfront living without the waterfront taxes. Don’t miss this unique opportunity to own a spacious home with great indoor and outdoor living in a convenient location!
Listing Agent
(215) 245-2100 homes@cinnamonb.net RE/MAX Realty Services-Bensalem Brokerage Phone: 2152452100 License #AB065612 Listed on: 05/08/2026
Co-Listing Agent
(215) 245-2100 joredding@remaxbensalem.com RE/MAX Realty Services-Bensalem Brokerage Phone: 2152452100 License #RM045613B
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,731
Year Built
- Built in 1925
Lot Details
- 12,000 Sq Ft Lot
- Lot Dimensions are 100.00 x 120.00
- Home fronts navigable water
- Property is zoned R1
Home Design
- Frame Construction
Interior Spaces
- 1,939 Sq Ft Home
- Property has 2 Levels
- 1 Fireplace
- Basement
- Laundry in Basement
Bedrooms and Bathrooms
- 4 Bedrooms
Parking
- 3 Parking Spaces
- 3 Driveway Spaces
Outdoor Features
- Water Access
- River Nearby
Utilities
- 90% Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- $66 Recreation Fee
- Torresdale Manor Subdivision
Listing and Financial Details
- Tax Lot 194
- Assessor Parcel Number 02-023-194
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,580 | $16,400 | $4,520 | $11,880 |
| 2024 | $3,580 | $16,400 | $4,520 | $11,880 |
| 2023 | $3,479 | $16,400 | $4,520 | $11,880 |
| 2022 | $3,459 | $16,400 | $4,520 | $11,880 |
| 2021 | $3,459 | $16,400 | $4,520 | $11,880 |
| 2020 | $3,424 | $16,400 | $4,520 | $11,880 |
| 2019 | $3,348 | $16,400 | $4,520 | $11,880 |
| 2018 | $3,270 | $16,400 | $4,520 | $11,880 |
| 2017 | $3,250 | $16,400 | $4,520 | $11,880 |
| 2016 | $3,250 | $16,400 | $4,520 | $11,880 |
| 2015 | -- | $16,400 | $4,520 | $11,880 |
| 2014 | -- | $16,400 | $4,520 | $11,880 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/08/2026 05/08/26 | For Sale | $524,900 | -- | $271 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $56,000 | -- |
Source: Bright MLS
MLS Number: PABU2120190
APN: 02-023-194
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