NOT LISTED FOR SALE

516 Colgate Ct Unit 516 Bensalem, PA 19020

Estimated Value: $347,000 - $422,000

3 Beds
2.5 Baths
1,772 Sq Ft
$219/Sq Ft Est. Value

Highlights

  • Carriage House
  • Central Air
  • Property is in very good condition
  • Corner Fireplace
  • South Facing Home
  • Back Up Electric Heat Pump System

About This Home

As of January 2023

Great rental opportunity in Bensalem. 3 bedroom, 2.1 bath end unit townhome with finished walkout basement in now available. Great location close to major roadways, shopping, and public transportation. New vinyl flooring and freshly painted throughout. 1st, last & one month security deposit required with acceptable application. Condo fee - 254.00 mth (Paid by Landlord) - covers Common Area maintenance, Lawn maintenance, Pool, Rec Facility - Club House, Snow removal, Trash, all exterior building maintenance, Tennis Courts, Playground / Tot Lots.

Last Agent to Rent the Property

Bruce Clark

(215) 416-3391 Bruce@BruceClarkRE.com RE/MAX Total - Yardley License #RS202328L Listed on: 09/19/2022

RE/MAX Total - Yardley

Last Renter's Agent

Bruce Clark

(215) 416-3391 Bruce@BruceClarkRE.com RE/MAX Total - Yardley License #RS202328L Listed on: 09/19/2022

RE/MAX Total - Yardley

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,296

Year Built

  • Built in 1989

Lot Details

  • 6,534 Sq Ft Lot
  • South Facing Home
  • Property is in very good condition

Parking

  • Parking Lot

Home Design

  • Carriage House
  • Frame Construction

Interior Spaces

  • 1,772 Sq Ft Home
  • Property has 2 Levels
  • Corner Fireplace
  • Marble Fireplace
  • Laminate Flooring
  • Partially Finished Basement
  • Basement with some natural light
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Listing and Financial Details

  • Residential Lease
  • Security Deposit $4,990
  • Rent includes common area maintenance, snow removal, trash removal
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 10/1/22
  • $42 Application Fee
  • Assessor Parcel Number 02-094-116

Community Details

Overview

  • Bensalem Vil Subdivision
  • Property Manager

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,296

Year Built

Built in 1989

Lot Details

0

Rental Info

  • Date Available: 2022-10-01
  • Application Fee: 42.00
  • Pets Allowed: No
  • Rent Includes: Common Area Maintenance, Snow Removal, Trash Removal
  • Security Deposit: 4990.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Property Manager: Yes
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Carriage House
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1989
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Remarks Public: Great rental opportunity in Bensalem. 3 bedroom, 2.1 bath end unit townhome with finished walkout basement in now available. Great location close to major roadways, shopping, and public transportation. New vinyl flooring and freshly painted throughout. 1st, last & one month security deposit required with acceptable application. Condo fee - 254.00 mth (Paid by Landlord) - covers Common Area maintenance, Lawn maintenance, Pool, Rec Facility - Club House, Snow removal, Trash, all exterior building maintenance, Tennis Courts, Playground / Tot Lots.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Laminate Plank
  • Fireplace Features: Marble, Corner
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partially Finished, Daylight, Partial
  • Laundry Type: Main Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1772
  • Living Area Sq Ft: 1772
  • Price Per Sq Ft: 1.31
  • Above Grade Finished Sq Ft: 1772
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 516

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • 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: Frame
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

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

  • Senior Community: No

Schools

  • School District: BENSALEM TOWNSHIP
  • School District Key: 300200397323
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 1013
  • Lot Size Acres: 0.15
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6534.00
  • Property Condition: Very Good
  • Zoning: R3

Tax Info

  • Assessor Parcel Number: 18115
  • Assessor Parcel Number: 02-094-116
  • Tax Total Finished Sq Ft: 1772
  • Close Date: 01/01/2023

MLS Schools

  • School District Name: BENSALEM TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2003
Sold by
Reid Sheila
Bought by
Gonzalez Tomas
Current Estimated Value
$388,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Outstanding Balance
$77,753
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$310,708

Purchase Details

Closed on
Jun 29, 2001
Sold by
Kirk Barbara and Mcdaniel Joseph C
Bought by
Reid Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
7.14%
Source: Public Records

Range of Values:

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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
Gonzalez Tomas $210,000 --
Reid Sheila $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Tomas $168,000
Previous Owner Reid Sheila $123,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/01/2023 01/01/23 Rented $2,325 0.0% --
12/23/2022 12/23/22 Under Contract -- -- --
11/07/2022 11/07/22 Price Changed $2,325 -2.9% $1 / Sq Ft
10/14/2022 10/14/22 Price Changed $2,395 -1.2% $1 / Sq Ft
10/05/2022 10/05/22 Price Changed $2,425 -2.0% $1 / Sq Ft
09/19/2022 09/19/22 Price Changed $2,475 -0.8% $1 / Sq Ft
09/19/2022 09/19/22 For Rent $2,495 +27.9% --
05/01/2019 05/01/19 Rented $1,950 0.0% --
04/18/2019 04/18/19 Under Contract -- -- --
03/15/2019 03/15/19 For Rent $1,950 0.0% --
02/07/2019 02/07/19 Under Contract -- -- --
01/11/2019 01/11/19 Price Changed $1,950 +4.0% $1 / Sq Ft
10/18/2018 10/18/18 For Rent $1,875 -1.3% --
03/01/2017 03/01/17 Rented $1,900 0.0% --
02/02/2017 02/02/17 Under Contract -- -- --
11/16/2016 11/16/16 For Rent $1,900 0.0% --
11/01/2015 11/01/15 Rented $1,900 0.0% --
10/15/2015 10/15/15 Under Contract -- -- --
07/14/2015 07/14/15 For Rent $1,900 -- --
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 $4,296 $19,680 -- $19,680
2024 $4,296 $19,680 $0 $19,680
2023 $4,175 $19,680 $0 $19,680
2022 $4,151 $19,680 $0 $19,680
2021 $4,151 $19,680 $0 $19,680
2020 $4,109 $19,680 $0 $19,680
2019 $4,017 $19,680 $0 $19,680
2018 $3,924 $19,680 $0 $19,680
2017 $3,899 $19,680 $0 $19,680
2016 $3,899 $19,680 $0 $19,680
2015 -- $19,680 $0 $19,680
2014 -- $19,680 $0 $19,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2036420

Bright MLS

APN: 02-094-116