NOT LISTED FOR SALE

Estimated Value: $476,000 - $503,989

3 Beds
2.5 Baths
1,894 Sq Ft
$260/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $455,000 $240 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,162/month

5 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Hot Water Baseboard Heater
  • 1 Fireplace
  • Central Air

About This Home

As of June 2023

Step into the inviting ambiance of 81 Terrace Rd, where comfort, convenience, and unique features come together. This beautiful home offers an array of desirable amenities that are sure to impress. Featuring a New Roof and charming exterior with vinyl siding, a covered porch, and a double-wide driveway, it ensures plenty of space for parking. Inside, you'll be greeted by the warm ambiance of the formal living room, complete with a decorative fireplace that adds a touch of elegance. This room also provides convenient access to the covered patio, where you can relax and enjoy the outdoors in any weather. The large eat-in kitchen is a chef's dream, offering an abundance of wood cabinets, granite counters, vinyl laminate flooring, and stainless steel appliances. Prepare meals with ease and entertain guests in this spacious and well-appointed culinary haven. What sets this home apart is its unique feature of gas heating and cooking, which is uncommon in the area. Enjoy the benefits of gas heating, providing efficient warmth during the colder months. Gas cooking offers precise temperature control and faster cooking times, perfect for culinary enthusiasts. Entertain in style with a formal dining room that sets the stage for memorable occasions, dinner parties, and special celebrations. Additionally, a cozy family room provides a comfortable space for relaxation and quality time with family and friends. The large utility room can serve as a convenient laundry area or provide extra storage space for your belongings. Retreat to the primary bedroom, complete with a walk-in closet that offers ample storage space for your wardrobe and personal items. The large secondary rooms provide additional comfort and versatility, accommodating various needs and preferences. The fully fenced backyard and shed offer privacy and serve as a great space for outdoor activities or gardening. Create your own oasis and enjoy the beauty of nature right at your doorstep. Located within the prestigious Neshaminy school district, this home offers an exceptional educational environment for your children. Its convenient location to major shopping centers and roads allows for effortless access to everyday amenities and commuting options. Don't miss the opportunity to make this exceptional home yours. Schedule a showing today!

Last Agent to Sell the Property

Nancy Cassidy

Keller Williams Real Estate-Langhorne Listed on: 05/18/2023

Keller Williams Real Estate-Langhorne

Last Buyer's Agent

Songul Durgun

Keller Williams Real Estate-Langhorne License #RS361282

Keller Williams Real Estate-Langhorne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,523

Year Built

  • Built in 1958

Lot Details

  • 8,400 Sq Ft Lot
  • Lot Dimensions are 70.00 x 120.00
  • Property is zoned R2

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 1,894 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Central Air
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Twin Oaks Subdivision

Listing and Financial Details

  • Tax Lot 033
  • Assessor Parcel Number 22-048-033

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,523

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1958
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1894
  • Living Area Sq Ft: 1894
  • Price Per Sq Ft: 232.26
  • Above Grade Finished Sq Ft: 1894
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 81

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
  • 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, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: NESHAMINY
  • School District Key: 300200397330
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 1010
  • Lot Size Acres: 0.19
  • Lot Dimensions: 70.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8400.00
  • Year Assessed: 2023
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 4414.00
  • Tax Annual Amount: 5523.00
  • Assessor Parcel Number: 22-048-033
  • Tax Lot: 033
  • Tax Total Finished Sq Ft: 1894
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/30/2023

MLS Schools

  • School District Name: NESHAMINY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Jun 24, 2021
Sold by
Parrish Deborha A
Bought by
Painter Eric Emil and Painter Jessica Helen
Seller's Agent
Vaughn Derassouyan
Keller Williams Real Estate-Langhorne
Buyer's Agent
Nancy Cassidy
Keller Williams Real Estate-Langhorne
List Price
$369,500
Sold Price
$369,500
Current Estimated Value
$491,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,497
Avg. Annual Appreciation
7.03%
Original Mortgage
$332,550
Outstanding Balance
$304,989
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$184,112

Purchase Details

Closed on
Aug 27, 2007
Sold by
Elmendorf John D and Elmendorf Judith A
Bought by
Parrish Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
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
Painter Eric Emil $369,500 Bucks County Abstract
Parrish Deborah A $293,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Painter Eric Emil $332,550
Previous Owner Parrish Deborah A $123,106
Previous Owner Parrish Deborah A $133,500
Previous Owner Parrish Deborah A $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $455,000 +3.4% $240 / Sq Ft
05/18/2023 05/18/23 For Sale $439,900 +19.1% $232 / Sq Ft
06/24/2021 06/24/21 Sold $369,500 0.0% $195 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $369,500 -- $195 / 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 $5,612 $25,780 $4,720 $21,060
2023 $5,523 $25,780 $4,720 $21,060
2022 $5,378 $25,780 $4,720 $21,060
2021 $5,549 $26,600 $4,720 $21,880
2020 $5,483 $26,600 $4,720 $21,880
2019 $4,619 $26,600 $4,720 $21,880
2018 $5,262 $26,600 $4,720 $21,880
2017 $5,128 $26,600 $4,720 $21,880
2016 $5,128 $26,600 $4,720 $21,880
2015 $5,317 $26,600 $4,720 $21,880
2014 $5,317 $26,600 $4,720 $21,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2049662

Bright MLS

APN: 22-048-033