NOT LISTED FOR SALE

985 Gates Place Warminster, PA 18974

Estimated Value: $358,000 - $390,000

3 Beds
2.5 Baths
1,548 Sq Ft
$241/Sq Ft Est. Value

Last Sold November 10, 2020

Last sale price $260,000 $168 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,262/month

2 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Central Air
  • Warwick Elementary School Rated A-
  • Level Entry For Accessibility
  • Back Up Electric Heat Pump System

About This Home

As of November 2020

This is a Beautifully updated Stover Mill Townhouse in Desirable Central Bucks School District. This 3 bedrooms, 2 1/2 bath home, has been very well maintained, and is now available. The main level shows a large living room, an updated kitchen with new stainless steel appliances, and granite countertops. The dinning room is right off the kitchen, with direct access to the patio and fenced in backyard. The powder room is totally renovated. The second floor features the 3 bedrooms and 2 full baths. The spacious Master Bedroom has a on suite full bathroom, a double closet and is equipped with a ceiling fan. Each additional bedroom has their own closets and share a full bathroom. They both have window shades, and one of the additional bedroom is also equipped with a ceiling fan. Enjoy the neighborhood's parks, including playground, picnic area, basketball and tennis court. The quarterly fee includes all common area maintenance, snow and trash removal. Easy access to all major highways and close to shopping. Quick settlement.

Last Agent to Sell the Property

David Bello

(215) 909-7355 kenb@homesmartnrg.com HomeSmart Nexus Realty Group - Newtown License #RS320746 Listed on: 10/01/2020

HomeSmart Nexus Realty Group - Newtown

Last Buyer's Agent

Michael Gorevoy

(267) 808-6333 danreal2@aol.com Dan Realty License #RS333893

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,158

Year Built

  • Built in 1979

Lot Details

  • 2,600 Sq Ft Lot
  • Lot Dimensions are 20.00 x 130.00
  • Back Yard Fenced
  • Wire Fence

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 1,548 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Accessible Home Design

  • Level Entry For Accessibility

Utilities

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

Community Details

  • $500 Capital Contribution Fee
  • Association fees include common area maintenance, trash
  • Continental Property Managment HOA, Phone Number (215) 343-1550
  • Stover Mill Subdivision

Listing and Financial Details

  • Tax Lot 069
  • Assessor Parcel Number 51-014-069

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,158

Year Built

Built in 1979

Lot Details

2,600 Sq Ft Lot

HOA Fees

$63 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Refrigerator, washer, dryer
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1979
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplaces Count: 1
  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1548
  • Living Area Sq Ft: 1548
  • Price Per Sq Ft: 167.89
  • Above Grade Finished Sq Ft: 1548
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • 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: 2
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 2

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

Condo/Co-op/Association

  • HOA Fees: 190.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Trash
  • HOA Name: CONTINENTAL PROPERTY MANAGMENT
  • HOA Phone: 215-343-1550
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No
  • Capital Contribution Fee: 500.00

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Fencing: Rear, Wire
  • Improvement Assessed Value: 16160.00
  • Land Assessed Value: 3000.00
  • Lot Size Acres: 0.06
  • Lot Dimensions: 20.00 x 130.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2600.00
  • Zoning: MF1

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 211695
  • School Tax: 2378.00
  • Tax Annual Amount: 3158.00
  • Assessor Parcel Number: 51-014-069
  • Tax Lot: 069
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: CENTRAL BUCKS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Nov 6, 2020
Sold by
Mitchell Thomas J
Bought by
Stavchanskiy Leonid and Stavchanskiy Anna
Seller's Agent
David Bello
HomeSmart Nexus Realty Group - Newtown
Buyer's Agent
Michael Gorevoy
Dan Realty
List Price
$259,900
Sold Price
$260,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$373,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,280
Avg. Annual Appreciation
7.01%
Original Mortgage
$195,000
Outstanding Balance
$173,834
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$199,446

Purchase Details

Listed on
Mar 1, 2012
Closed on
Apr 12, 2012
Sold by
Egitto Thomas and Kane Brett
Bought by
Mitchell Thomas M
Seller's Agent
Thomas Egitto
Homestarr Realty
Buyer's Agent
Rheta Santangelo
BHHS Fox & Roach-Blue Bell
List Price
$188,500
Sold Price
$187,000
Premium/Discount to List
-$1,500
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.92%
Original Mortgage
$182,259
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 1, 2012
Closed on
Mar 9, 2012
Sold by
Lamina Joseph E
Bought by
Kane Brett and Egitto Thomas
Seller's Agent
Thomas Egitto
Homestarr Realty
Buyer's Agent
Rheta Santangelo
BHHS Fox & Roach-Blue Bell
List Price
$188,500
Sold Price
$187,000
Premium/Discount to List
-$1,500
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,259
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 20, 2004
Sold by
Downey Joseph and Wolfe Christine
Bought by
Lamina Joseph E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2002
Sold by
Seymour Constance L and Downey Helen N
Bought by
Downey Joseph and Wolfe Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,818
Interest Rate
6.9%
Mortgage Type
FHA
Source: Public Records
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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
Stavchanskiy Leonid $260,000 Matrix Abstract Inc
Mitchell Thomas M $187,000 None Available
Kane Brett $135,000 None Available
Lamina Joseph E $179,900 --
Downey Joseph $137,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stavchanskiy Leonid $195,000
Previous Owner Mitchell Thomas M $182,259
Previous Owner Lamina Joseph E $90,000
Previous Owner Downey Joseph $136,818
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/10/2020 11/10/20 Sold $260,000 0.0% $168 / Sq Ft
10/03/2020 10/03/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $259,900 +39.0% $168 / Sq Ft
04/16/2012 04/16/12 Sold $187,000 -0.8% $121 / Sq Ft View Prior Sale
03/06/2012 03/06/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $188,500 -- $122 / Sq Ft
Source: Bright MLS

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 $3,335 $19,160 $3,000 $16,160
2024 $3,335 $19,160 $3,000 $16,160
2023 $3,229 $19,160 $3,000 $16,160
2022 $3,193 $19,160 $3,000 $16,160
2021 $3,158 $19,160 $3,000 $16,160
2020 $3,158 $19,160 $3,000 $16,160
2019 $3,138 $19,160 $3,000 $16,160
2018 $3,138 $19,160 $3,000 $16,160
2017 $3,114 $19,160 $3,000 $16,160
2016 $3,114 $19,160 $3,000 $16,160
2015 -- $19,160 $3,000 $16,160
2014 -- $19,160 $3,000 $16,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU508338

Bright MLS

APN: 51-014-069

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