$520,000
SOLD JUL 25, 2025
-- Bed
-- Bath
2,007 Sq Ft
1986 Built

Recently Sold

$259 Per Sq Ft

6% Above List Price

4 Days on Market

About This Home

As of July 2025

Proudly presenting this terrific duplex which is an excellent investment opportunity or ideal for an owner/occupant situation where you can live in one unit and rent the other out to offset expenses. Each unit features two spacious bedrooms, a full bathroom, patio, and a combined kitchen, living room, and dining room. Primary bedrooms in both units have large closets and a vanity area. There is a laundry closet and utility room for both units. Both units are freshly painted with new laminate flooring. The siding, roof and water heaters newer. Ample parking and close to all major commuter roads, shopping and dining. Public water and sewer are a major plus. The property consists of 714 and 716 Timber Lane. Great moneymaker or ideal for an owner occupant looking for covering their overhead for living expenses. This is truly a turnkey investment. Just bring your suitcase or plug in a tenant. Make your appointment today!

Last Agent to Sell the Property

Vaughn Derassouyan

Keller Williams Real Estate-Langhorne License #RS318942 Listed on: 06/21/2025

Keller Williams Real Estate-Langhorne

Last Buyer's Agent

Michael Stone

Market Force Realty License #RS291924

Market Force Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,128

Year Built

  • Built in 1986

Parking

  • Driveway

Home Design

  • 2,007 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Frame Construction

Utilities

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

Listing and Financial Details

  • Tax Lot 017-012
  • Assessor Parcel Number 22-016-017-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,128

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1986
  • Automatically Close On Close Date: No
  • Remarks Public: Proudly presenting this terrific duplex which is an excellent investment opportunity or ideal for an owner/occupant situation where you can live in one unit and rent the other out to offset expenses. Each unit features two spacious bedrooms, a full bathroom, patio, and a combined kitchen, living room, and dining room. Primary bedrooms in both units have large closets and a vanity area. There is a laundry closet and utility room for both units. Both units are freshly painted with new laminate flooring. The siding, roof and water heaters newer. Ample parking and close to all major commuter roads, shopping and dining. Public water and sewer are a major plus. The property consists of 714 and 716 Timber Lane. Great moneymaker or ideal for an owner occupant looking for covering their overhead for living expenses. This is truly a turnkey investment. Just bring your suitcase or plug in a tenant. Make your appointment today!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Total Sq Ft: 2007
  • Living Area Sq Ft: 2007
  • Price Per Sq Ft: 244.15
  • Above Grade Finished Sq Ft: 2007
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 714

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

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

Schools

  • School District: NESHAMINY
  • School District Key: 300200397330
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 1006
  • Lot Dimensions: 50.00 x
  • Lot Size Units: Square Feet
  • Year Assessed: 2025
  • Zoning: MR

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 4084.00
  • Tax Annual Amount: 5128.00
  • Assessor Parcel Number: 22-016-017-012
  • Tax Lot: 017-012
  • Tax Total Finished Sq Ft: 2007
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025
  • Close Date: 07/25/2025

MLS Schools

  • School District Name: NESHAMINY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2025
Closed on
Jul 17, 2025
Sold by
Ohara Timothy J and Ohara Lisa C
Bought by
Lzilbershteyn Realty Llc
Seller's Agent
Vaughn Derassouyan
Keller Williams Real Estate-Langhorne
Buyer's Agent
Michael Stone
Market Force Realty
List Price
$490,000
Sold Price
$520,000
Premium/Discount to List
$30,000
6.12%
Views
76

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-51.54%

Purchase Details

Closed on
Aug 6, 1993
Sold by
Ohara Timothy J
Bought by
Ohara Timothy J and Ohara Lisa C

Purchase Details

Closed on
Nov 14, 1991
Bought by
Ohara Timothy J
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 Type Sale Price Title Company
Deed $520,000 Sentex Settlement Services
Quit Claim Deed -- --
Deed $134,300 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Sold $520,000 +6.1% $259 / Sq Ft
06/25/2025 06/25/25 Pending -- -- --
06/21/2025 06/21/25 For Sale $490,000 -- $244 / 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 $4,894 $22,480 $4,120 $18,360
2023 $4,816 $22,480 $4,120 $18,360
2022 $4,690 $22,480 $4,120 $18,360
2021 $4,690 $22,480 $4,120 $18,360
2020 $4,634 $22,480 $4,120 $18,360
2019 $4,530 $22,480 $4,120 $18,360
2018 $4,447 $22,480 $4,120 $18,360
2017 $4,333 $22,480 $4,120 $18,360
2016 $4,333 $22,480 $4,120 $18,360
2015 $4,729 $22,480 $4,120 $18,360
2014 $4,729 $22,480 $4,120 $18,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2098670

Bright MLS

APN: 22-016-017-012