NOT LISTED FOR SALE

509 N Pennsylvania Ave Morrisville, PA 19067

Falls Township Neighborhood

Estimated Value: $315,000 - $421,586

3 Beds
1.5 Baths
2,200 Sq Ft
$168/Sq Ft Est. Value

Last Sold January 06, 2022

Last sale price $285,000 $130 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,567/month

40 Days on Market

Highlights

  • No HOA
  • Living Room
  • Property is in very good condition
  • Den
  • Dining Room
  • Hot Water Baseboard Heater

About This Home

As of January 2022

Income-producing property in the heart of Morrisville. Mixed use zoning allows for store front and residential use. 1st level consists of a highly visible storefront, currently a Re Upholstery business, approximately 675 sq ft and includes a half bath. Long time tenant that would like to remain. On month to month. Also, there is a finished room on the first floor 11X24, Unfinished area 11X24 with utilities and laundry room area. The entire 2nd floor is a 3-bedroom 1 bath apartment complete with a large kitchen, dining area, living room w/ wood burning fireplace, and office. This unit is well maintained and very spacious. Recently Painted and all hardwood floors re finished. currently vacant. Very nice back yard with plenty of room to do what you might need. This could be the opportunity you have been looking for, rental or great size apartment with income from the downstairs to help you with your mortgage.

Last Agent to Sell the Property

Tony Casmirri

BHHS Fox & Roach -Yardley/Newtown License #RS198431L Listed on: 09/13/2021

BHHS Fox & Roach -Yardley/Newtown

Last Buyer's Agent

Carl DeNovio

Long & Foster Real Estate, Inc. License #AB026385

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,456

Year Built

  • Built in 1934

Lot Details

  • 6,750 Sq Ft Lot
  • Lot Dimensions are 45.00 x 150.00
  • Property is in very good condition
  • Property is zoned R-2A

Parking

  • On-Street Parking

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2,200 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Den

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Side Basement Entry

Utilities

  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 206
  • Assessor Parcel Number 24-008-206

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,456

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1934
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Basement, Bedroom 1, Office
  • Basement: Yes
  • Basement Type: Side Entrance, Walkout Level, Partially Finished
  • Total Sq Ft: 2200
  • Living Area Sq Ft: 2200
  • Price Per Sq Ft: 136.32
  • Above Grade Finished Sq Ft: 2200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 509

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • 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

  • School District: MORRISVILLE BOROUGH
  • School District Key: 300200397503
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 1031
  • Lot Size Acres: 0.15
  • Lot Dimensions: 45.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6750.00
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: R-2A

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 4827.00
  • Tax Annual Amount: 6456.00
  • Assessor Parcel Number: 24-008-206
  • Tax Lot: 206
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 01/06/2022

MLS Schools

  • School District Name: MORRISVILLE BOROUGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Feb 11, 2022
Sold by
Frank Merz Sr
Bought by
Ridore Jacques and Desty Mercivierge
Seller's Agent
Tony Casmirri
BHHS Fox & Roach -Yardley/Newtown
Buyer's Agent
Carl DeNovio
Long & Foster Real Estate, Inc.
List Price
$325,000
Sold Price
$285,000
Premium/Discount to List
-$40,000
-12.31%
Current Estimated Value
$368,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,647
Avg. Annual Appreciation
6.76%
Original Mortgage
$256,500
Outstanding Balance
$239,562
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$120,914

Purchase Details

Closed on
Jul 12, 2021
Sold by
Efaw Karen and Estate Of Christiana M Burgner
Bought by
Merz Frank and Casmirri Anthony

Purchase Details

Closed on
Aug 14, 1979
Bought by
Burgner George E
Source: Public Records

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
Ridore Jacques $285,000 Sage Premier Settlements
Merz Frank $185,000 All Service Abstract
Burgner George E $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ridore Jacques $81,493
Open Ridore Jacques $256,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2022 01/06/22 Sold $285,000 -5.0% $130 / Sq Ft
10/23/2021 10/23/21 Pending -- -- --
09/28/2021 09/28/21 Price Changed $299,900 -4.8% $136 / Sq Ft
09/21/2021 09/21/21 Price Changed $314,900 -3.1% $143 / Sq Ft
09/13/2021 09/13/21 For Sale $325,000 -- $148 / 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 $6,697 $20,800 $4,520 $16,280
2023 $6,635 $20,800 $4,520 $16,280
2022 $6,490 $20,800 $4,520 $16,280
2021 $6,204 $20,800 $4,520 $16,280
2020 $6,076 $20,800 $4,520 $16,280
2019 $5,784 $20,800 $4,520 $16,280
2018 $5,663 $20,800 $4,520 $16,280
2017 $5,651 $20,800 $4,520 $16,280
2016 $5,661 $20,800 $4,520 $16,280
2015 -- $20,800 $4,520 $16,280
2014 -- $20,800 $4,520 $16,280
Source: Public Records

Agents Affiliated with this Home

  • Tony Casmirri

    Seller's Agent in 2022

    Tony Casmirri

    BHHS Fox & Roach

    (215) 630-0672

    6 in this area

    49 Total Sales

    Section Image

  • C

    Buyer's Agent in 2022

    Carl DeNovio

    Long & Foster

    Section Image
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Map

Source: Bright MLS

MLS Number: PABU2008016

Bright MLS

APN: 24-008-206

Pennsylvania Bucks County Morrisville 19067 Falls Township

509 N Pennsylvania Ave, Morrisville, PA

This home is located at 509 N Pennsylvania Ave, Morrisville, PA 19067 since 13 September 2021 and is currently estimated at $368,647, approximately $167 per square foot. This property was built in 1934. 509 N Pennsylvania Ave is a home located in Bucks County with nearby schools including Grandview Elementary School, Morrisville High School, and Foundation Academy Charter School.

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