NOT LISTED FOR SALE

5401 Bensalem Blvd Bensalem, PA 19020

Estimated Value: $546,000 - $655,000

5 Beds
4.5 Baths
3,668 Sq Ft
$163/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $451,800 $123 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,675/month

Highlights

  • Additional Residence on Property
  • 2.22 Acre Lot
  • Stream or River on Lot
  • 200 Feet of Waterfront
  • Contemporary Architecture
  • Partially Wooded Lot

About This Home

As of November 2021

Attention Investors, Builders, or anyone looking for a truly unique home and property. This is a rare opportunity to purchase a prime 2+ acre lot in Bensalem Township complete with a stream, some wooded area, and rolling landscaped grounds. There is a 3,600+ SF house on the property as well as a 2nd house that is tenant occupied. The current owner has already started the renovations, a large section of the house has been gutted to the studs and some structural repairs and plumbing have been done. Take this blank canvas and turn it into your dream home, or flip it for profit. There is also the possibility to subdivide the lot into 3 or 4 lots. The property also has a separate rental home on it that has 3 bedroom, 2 full baths and is currently rented at $900/month (well below market) on a month-to-month lease. In addition, there is also a detached garage. There are many possibilities for this property. Buyers should do their due diligence in regard to permitted uses with the Township. Cash or Construction Loans only. Highest and Best offers requested by Friday, October 8th at 9 AM

Last Agent to Sell the Property

Bud Silcox

(215) 813-6828 bud@silcoxteam.com Keller Williams Real Estate - Bensalem License #AB068893 Listed on: 09/29/2021

Keller Williams Real Estate - Bensalem

Co-Listed By

Barbara Silcox

(215) 738-6606 barbsilcox@gmail.com Keller Williams Real Estate - Bensalem License #AB068892

Last Buyer's Agent

Krystal Wang

(215) 399-0081 wangkrystal8@gmail.com Tesla Realty Group, LLC

Tesla Realty Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,122

Year Built

  • Built in 1950

Lot Details

  • 2.22 Acre Lot
  • 200 Feet of Waterfront
  • Creek or Stream
  • Irregular Lot
  • Partially Wooded Lot
  • Property is zoned R1

Parking

  • Circular Driveway

Property Views

  • Water
  • Woods

Home Design

  • Contemporary Architecture
  • Fixer Upper
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 3,668 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Partial Basement

Bedrooms and Bathrooms

Outdoor Features

  • Water Access
  • Stream or River on Lot
  • Tenant House

Additional Features

  • Additional Residence on Property
  • Property is near a creek
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 020
  • Assessor Parcel Number 02-084-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,122

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 3668
  • Living Area Sq Ft: 3668
  • Price Per Sq Ft: 122.68
  • Above Grade Finished Sq Ft: 3668
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s), 2nd House, Tenant House
  • Construction Materials: Frame, Block
  • View: Trees/Woods, Water
  • Water Access: Yes
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 200

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway, Circular Driveway

Utilities

  • Central Air Conditioning: No
  • Heating: Yes
  • 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 Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 23760.00
  • Land Assessed Value: 5270.00
  • Lot Features: Irregular, Partly Wooded, Stream/Creek
  • Lot Size Acres: 2.22
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 96703.00
  • Property Condition: Major Rehab Needed
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15527
  • School Tax: 4789.00
  • Tax Annual Amount: 6122.00
  • Assessor Parcel Number: 02-084-020
  • Tax Lot: 020
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: BENSALEM TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2023
Sold by
Ly Jason
Bought by
Thai Quyen
Current Estimated Value
$598,287

Purchase Details

Listed on
Sep 29, 2021
Closed on
Nov 19, 2021
Sold by
Horger Rick and Horger Joan
Bought by
Ly Jason
Seller's Agent
Bud Silcox
Keller Williams Real Estate - Bensalem
Buyer's Agent
Krystal Wang
Tesla Realty Group, LLC
List Price
$450,000
Sold Price
$451,800
Premium/Discount to List
$1,800
0.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%

Purchase Details

Closed on
Dec 11, 2020
Sold by
Burger Edward and Estate Of Terry Waynew
Bought by
Horger Rick and Horger Joan

Purchase Details

Closed on
Nov 1, 1990
Sold by
Smith
Bought by
Terry Wayne and Terry Debra

Purchase Details

Closed on
Sep 20, 1945
Bought by
Smith
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
Thai Quyen -- None Listed On Document
Ly Jason $451,800 Quest Abstract
Horger Rick $385,000 None Available
Terry Wayne $160,000 --
Smith -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2021 11/30/21 Sold $451,800 0.0% $123 / Sq Ft
10/09/2021 10/09/21 Off Market $451,800 -- --
10/07/2021 10/07/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $450,000 -- $123 / 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 $6,337 $29,030 $5,270 $23,760
2024 $6,337 $29,030 $5,270 $23,760
2023 $6,158 $29,030 $5,270 $23,760
2022 $6,122 $29,030 $5,270 $23,760
2021 $6,122 $29,030 $5,270 $23,760
2020 $6,061 $29,030 $5,270 $23,760
2019 $5,926 $29,030 $5,270 $23,760
2018 $5,788 $29,030 $5,270 $23,760
2017 $5,752 $29,030 $5,270 $23,760
2016 $5,752 $29,030 $5,270 $23,760
2015 -- $24,400 $6,600 $17,800
2014 -- $24,400 $6,600 $17,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2009190

Bright MLS

APN: 02-084-020