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2253 College Avenue

2253 College Avenue, Bensalem, PA 19020
Property in Bensalem
Sold Aug 02, 2022
$350,000
$302,706 by Mortgage America Inc
Mortgage Due Aug 01, 2052
Sold Dec 09, 2021
$265,300
$212,140 by Amres Corporation
Mortgage Due Jan 01, 2052
2253 College Avenue in Bensalem, PA was first built in 1920 and is 104 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2253 College Avenue has 1,220 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 390 ft and the linear feet between the front and back of the lot is 920. In total, the area measurement of the land is 3,589 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2253 College Avenue was last sold in Jul 27, 2022 for $350,000. According to our calculations, that's $286.89 per sqft. Prior to that sales transaction, the property was sold for $265,300 in Dec 3, 2021. Current property owners are expected to pay $478 in taxes per year. The property on 2253 College Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $10,400. To break that down further, the land itself was valued at $1,520. While improvements to the property were assessed at a total of $8,880. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,589
  • Lot Size Depth Feet: 920
  • Lot Size Frontage Feet: 390
  • Total Building Area: 1,220
  • Building Area: 1,220
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,220
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BRISTOL PIKE & PHILADELPHIA
  • Land Acres: 0.082
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: CLOVERNOOK LOT #28 39X92

Ownership

  • Current Owner : NAQVI MUSTREEN
  • Previous Owner : DANIEL LEVIT
  • Owner Before Previous Owner: KELLY TIMOTHY P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bensalem Township School District
  • School Tax School District: BENSALEM SD
  • Census Tract: 100105

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 02-061
  • District: 02
  • Parcel: 02-061-260
  • Block: 61
  • Lot: 28
  • Municipality: BENSALEM TOWNSHIP
  • Latitude: 40.0764
  • Longitude: -74.9488

    Address

  • Full Address: 2253 College Ave
  • Address - House Number: 2253
  • Address - Street Name: College
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Bensalem
  • Carrier Code: C063
  • 4-Digit Zip Code: 5723
  • Zip Code: 19020

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $478
  • Tax Rate Code Area: 02

    Appraisal Valuation

  • Standard Deviation: 0.1735
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 304,368
  • High Value: 357,188
  • Low Value: 251,548

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $302,706
  • First Open Lien Mortgage Lender: MORTGAGE AMERICA INC
  • First Open Lien Mortgage Recording Date: Aug 02, 2022
  • First Open Lien Mortgage Loan Amount: $302,706
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Market Valuation

  • Market Total Value: $110,638
  • Market Land Value: $16,170
  • Market Improvement Value: $94,468

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,400
  • Assessed Land Value: $1,520
  • Assessed Improvements Value: $8,880

    Sales

  • Current Sale Contract Date: Jul 27, 2022
  • Current Sale Recording Date: Aug 02, 2022
  • Current Sale Transaction ID: 11893633097
  • Current Sale Price: $350,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 47874
  • Previous Sale Recording Date: Dec 09, 2021
  • Previous Sale Contract Date: Dec 03, 2021
  • Previous Sale Amount: $265,300
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE AMERICA INC
  • First Mortgage Transaction Date: Aug 02, 2022
  • First Mortgage Loan Amount: $302,706
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: AMRES CORPORATION
  • Previous Mortgage Transaction Date: Dec 09, 2021
  • Previous Mortgage Loan Amount: $212,140
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2052

About Cornwells Heights



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Frequently Asked Questions

What neighborhood is 2253 College Avenue located in?
The 2253 College Avenue is a located in the neighborhood of Bensalem in Cornwells Heights, Bensalem.
What is the average sales price for listings in 2253 College Avenue?
The average sales price for units in 2253 College Avenue is $0 currently.

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