NOT LISTED FOR SALE

Estimated Value: $657,000 - $700,000

4 Beds
2.5 Baths
3,558 Sq Ft
$190/Sq Ft Est. Value

Last Sold March 14, 2023

Last sale price $530,000 $149 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,247/month

19 Days on Market

Highlights

  • 0.62 Acre Lot
  • Deck
  • Breakfast Room
  • Colonial Architecture
  • No HOA
  • Living Room

About This Home

As of March 2023

It is not often, in this market, that buyers have the good fortune to move into a gorgeous, gracious house in a mature neighborhood with lots of space in which to live and to grow. Welcome to 531 Newport, grand curb appeal, with four generous bedrooms and walk-in closets, light-flooded living and dining room, an open Remodeled kitchen with sleek Shaker cabinets, granite tops full size pantry. The Breakfast room opens a Huge Deck and a lot bursting with mature gardens and trees. The Kitchen flows into the family room with a gorgeous stone fireplace; adjacent laundry room with cabinetry. A finished basement offers recreation and ample storage. The sellers have loved every minute of raising their family here and are ready to pass the torch to the next owners. If you crave light, storage space, and ample room to entertain, storage space, you will want to jump at the chance to nab 531 Newport NOW!

Last Agent to Sell the Property

Diane Loomis

(267) 307-3052 dianeloomis@kw.com Keller Williams Real Estate-Langhorne License #RS206818L Listed on: 01/07/2023

Keller Williams Real Estate-Langhorne

Last Buyer's Agent

Mathewson Zachariah

(267) 251-5094 zacmatt@gmail.com High Lite Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,244

Year Built

  • Built in 1988

Lot Details

  • 0.62 Acre Lot
  • Property is zoned R2

Home Design

  • Colonial Architecture
  • Tudor Architecture
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • Brick Fireplace
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Laundry on main level
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Outdoor Features

  • Deck

Schools

  • Lower Southampton Elementary School
  • Poquessing Middle School
  • Neshaminy High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Sweetwater Farms Subdivision

Listing and Financial Details

  • Tax Lot 247
  • Assessor Parcel Number 21-024-247

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,244

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Tudor
  • Ownership: Fee Simple
  • Exclusions: Washer, Dryer, Refrigerator, Dining Room Light Fixture
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-01-07
  • Federal Flood Zone: No
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Breakfast Room
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 3558
  • Living Area Sq Ft: 3558
  • Price Per Sq Ft: 214.19
  • Above Grade Finished Sq Ft: 2558
  • Below Grade Finished Sq Ft: 1000
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • 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
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil, Electric
  • Heating Type: Heat Pump(s)
  • 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: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: LOWER SOUTHAMPTON
  • High School: NESHAMINY
  • Middle Or Junior School: POQUESSING

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 30840.00
  • Land Assessed Value: 8280.00
  • Lot Size Acres: 0.62
  • Lot Dimensions: 185.00 x
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 26825.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 99655
  • School Tax: 6698.00
  • Tax Annual Amount: 8244.00
  • Assessor Parcel Number: 21-024-247
  • Tax Lot: 247
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: NESHAMINY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2023
Closed on
Mar 6, 2023
Sold by
Dickter Jeffrey A and Dickter Norine D
Bought by
Mathew Korason and Mathew Jose Vineetha
Seller's Agent
Diane Loomis
Keller Williams Real Estate-Langhorne
Buyer's Agent
Mathewson Zachariah
High Lite Realty LLC
List Price
$559,900
Sold Price
$530,000
Premium/Discount to List
-$29,900
-5.34%
Views
190
Current Estimated Value
$675,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,520
Avg. Annual Appreciation
9.59%
Original Mortgage
$477,000
Outstanding Balance
$460,914
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$214,606

Purchase Details

Closed on
Jun 30, 1995
Sold by
Riff Mar C and Riff Suzanne J
Bought by
Mordukhayev Semyon and Mordukhayeva Galina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
7.7%
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
Mathew Korason $530,000 Glendale Abstract
Mordukhayev Semyon $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathew Korason $477,000
Previous Owner Mordukhayev Semyon $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2023 03/14/23 Sold $530,000 -3.3% $149 / Sq Ft
01/27/2023 01/27/23 Pending -- -- --
01/19/2023 01/19/23 Price Changed $547,900 -2.1% $154 / Sq Ft
01/07/2023 01/07/23 For Sale $559,900 -- $157 / 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 $8,323 $39,120 $8,280 $30,840
2024 $8,323 $39,120 $8,280 $30,840
2023 $8,245 $39,120 $8,280 $30,840
2022 $8,025 $39,120 $8,280 $30,840
2021 $8,025 $39,120 $8,280 $30,840
2020 $7,927 $39,120 $8,280 $30,840
2019 $7,747 $39,120 $8,280 $30,840
2018 $7,602 $39,120 $8,280 $30,840
2017 $7,405 $39,120 $8,280 $30,840
2016 $7,405 $39,120 $8,280 $30,840
2015 $5,740 $39,120 $8,280 $30,840
2014 $5,740 $39,120 $8,280 $30,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2041500

Bright MLS

APN: 21-024-247