NOT LISTED FOR SALE

640 Locust Ave Bensalem, PA 19020

Estimated Value: $381,000 - $525,000

4 Beds
3 Baths
1,901 Sq Ft
$243/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $405,000 $213 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,867/month

Highlights

  • New Construction
  • Traditional Architecture
  • No HOA
  • Open Floorplan
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of October 2020

New construction in Bensalem. This 4 bedroom and 3 full bath home is ready for you to call home! Walking up to this home you will be taken back by the beautiful stone work on the front of the house with a covered portico which leads you into the living room. This home has an open floor plan with an eat in kitchen with a large island that overlooks both the living and dining room. This gourmet kitchen has granite countertops, tile backsplash, stainless steel appliances, under cabinet lighting, recessed lighting, 9' ceilings and so much more. The entire main floor has beautiful dark hardwood floors, a 4th bedroom/office with its own entrance into the full bathroom. The laundry room is also on the main floor which has a door that leads out to the outside deck overlooking the fenced in back yard. The stained wood turned stairway leads up to the 2nd floor bedrooms. There is an ample sized master bedroom with a walk in closet and master bath with a glass shower surround. There are two additional bedrooms and a hall bath on this floor. Call or text for a private showing. *Please note that the taxes listed are from the previous house and will be reassessed. It is the buyers responsibility to call the tax assessors office to determine what the taxes will be.

Last Agent to Sell the Property

Richard Webb

(215) 783-8961 rich@richwebbgroup.com Keller Williams Real Estate - Newtown License #RS306752 Listed on: 06/05/2020

Keller Williams Real Estate - Newtown

Last Buyer's Agent

Heather Hannah

(610) 400-7435 heather.hannah39@gmail.com RE/MAX Affiliates License #RS288648

RE/MAX Affiliates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,362

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Privacy Fence
  • Wood Fence
  • Property is in excellent condition
  • Property is zoned R1

Home Design

  • Traditional Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,901 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Gas Dryer

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces

Schools

  • Bensalem High School

Utilities

  • Central Air
  • Back Up Gas Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Torresdale Manor Subdivision

Listing and Financial Details

  • Tax Lot 192
  • Assessor Parcel Number 02-023-192

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,362

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: Refrigerator
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2020
  • Automatically Close On Close Date: Yes
  • Remarks Public: New construction in Bensalem. This 4 bedroom and 3 full bath home is ready for you to call home! Walking up to this home you will be taken back by the beautiful stone work on the front of the house with a covered portico which leads you into the living room. This home has an open floor plan with an eat in kitchen with a large island that overlooks both the living and dining room. This gourmet kitchen has granite countertops, tile backsplash, stainless steel appliances, under cabinet lighting, recessed lighting, 9' ceilings and so much more. The entire main floor has beautiful dark hardwood floors, a 4th bedroom/office with its own entrance into the full bathroom. The laundry room is also on the main floor which has a door that leads out to the outside deck overlooking the fenced in back yard. The stained wood turned stairway leads up to the 2nd floor bedrooms. There is an ample sized master bedroom with a walk in closet and master bath with a glass shower surround. There are two additional bedrooms and a hall bath on this floor. Call or text for a private showing. *Please note that the taxes listed are from the previous house and will be reassessed. It is the buyers responsibility to call the tax assessors office to determine what the taxes will be.
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Gas, Oven/Range - Gas
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Ceiling Fan(s), Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s)
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Laundry, Bathroom 1, Bathroom 2, Bathroom 3
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1901
  • Living Area Sq Ft: 1901
  • Price Per Sq Ft: 210.36
  • Above Grade Finished Sq Ft: 1901
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 640

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Construction Completed: Yes
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump - Gas Backup
  • 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: BENSALEM TOWNSHIP
  • High School: BENSALEM
  • High School Source: Listing Agent
  • School District Key: 300200397323
  • School District Source: Listing Agent
  • High School: BENSALEM

Green Features

  • Clean Green Assessed: No
  • R Factor Ceilings: 49
  • R Factor Ext Walls: 19

Lot Info

  • Fencing: Wood, Privacy
  • Improvement Assessed Value: 9160.00
  • Land Assessed Value: 2040.00
  • Land Use Code: 1001
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: R1

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5966
  • School Tax: 1847.00
  • Tax Annual Amount: 2362.00
  • Assessor Parcel Number: 02-023-192
  • Tax Lot: 192
  • Tax Total Finished Sq Ft: 1460
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 10/05/2020

MLS Schools

  • School District Name: BENSALEM TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2020
Closed on
Sep 30, 2020
Sold by
New Horizon Property Management
Bought by
Sanader Larry and Ross Jessica
Seller's Agent
Richard Webb
Keller Williams Real Estate - Newtown
Buyer's Agent
Heather Hannah
RE/MAX Affiliates
List Price
$399,900
Sold Price
$405,000
Premium/Discount to List
$5,100
1.28%
Current Estimated Value
$461,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,825
Avg. Annual Appreciation
2.66%
Original Mortgage
$344,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2012
Sold by
Gerstlauer John P and Estate Of Mary R Gerstlauer &
Bought by
Gerstlauer John P

Purchase Details

Closed on
Mar 29, 1957
Bought by
Gerstlauer Wallis D and Gerstlauer Mary
Source: Public Records

Range of Values:

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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
Sanader Larry $405,000 Keystone State Asbtract Llc
Gerstlauer John P -- None Available
Gerstlauer Wallis D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanader Larry $344,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2020 10/05/20 Sold $405,000 +1.3% $213 / Sq Ft
10/04/2020 10/04/20 Price Changed $399,900 0.0% $210 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $399,900 0.0% $210 / Sq Ft
06/13/2020 06/13/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $399,900 -- $210 / 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 $4,907 $22,480 $2,040 $20,440
2024 $4,907 $22,480 $2,040 $20,440
2023 $4,769 $22,480 $2,040 $20,440
2022 $4,741 $22,480 $2,040 $20,440
2021 $4,741 $22,480 $2,040 $20,440
2020 $2,338 $11,200 $2,040 $9,160
2019 $2,286 $11,200 $2,040 $9,160
2018 $2,233 $11,200 $2,040 $9,160
2017 $2,219 $11,200 $2,040 $9,160
2016 $2,219 $11,200 $2,040 $9,160
2015 -- $11,200 $2,040 $9,160
2014 -- $11,200 $2,040 $9,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU498112

Bright MLS

APN: 02-023-192