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1180 William Penn Drive

1180 William Penn Drive, Bensalem, PA 19020
Property in Bensalem
Sold Jul 02, 2010
$560,000
$300,000 by Hsbc Mortgage Corporation Usa
Mortgage Due Jul 01, 2040
Sold Jul 18, 2006
$551,177
$400,000 by Arlington Capital Mortgage Cor
Mortgage Due Jul 01, 2036
1180 William Penn Drive has been categorized by the local assessors in Bensalem, PA as a residential type of property. The building on the property was first built in 2006 and is 18 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1180 William Penn Drive has 3,124 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,220 ft and across the front of the lot is 970 ft. The area measurement of the land has been determined as 12,197 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Jun 25, 2010 for $560,000. That's $179.26 per sqft. Prior to that sales transaction, the property was also sold in Jun 29, 2006 for $551,177. 1180 William Penn Drive was last assessed in 2023. The total value of the property was assessed at $57,160. Specifically, the land the property is located on was valued at $6,580. While improvements on the property were assessed at a total of $50,580. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,627. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • 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: 12,197
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 970
  • Total Building Area: 3,124
  • Building Area: 3,124
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,124
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WELLINGTON ESTATES
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: 12,198SF 97X122IRR LOT #89 ST FRANCIS TRACT

Ownership

  • Current Owner : CHUNG KENNETH W
  • Current Owner 2: CHUNG REBECCA P
  • Previous Owner : WEINBERG MARK L
  • Previous Owner 2: WEINBERG KAREN
  • Owner Before Previous Owner: DELUCA ENTERPRISES INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Bensalem Township School District
  • School Tax School District: BENSALEM SD
  • Census Tract: 100214

Zoning

  • Zoning: RA

Geography

  • Assessors Map Reference: 02-071
  • District: 02
  • Parcel: 02-071-123
  • Lot: 89
  • Municipality: BENSALEM TOWNSHIP
  • Latitude: 40.0885
  • Longitude: -74.9331

    Address

  • Full Address: 1180 William Penn Dr
  • Address - House Number: 1180
  • Address - Street Name: William Penn
  • Address - Suffix Type: Dr
  • State: PA
  • City Name: Bensalem
  • Carrier Code: C002
  • 4-Digit Zip Code: 4375
  • Zip Code: 19020

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,627
  • Tax Rate Code Area: 02

    Appraisal Valuation

  • Standard Deviation: 0.1623
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 812,340
  • High Value: 944,183
  • Low Value: 680,497

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: HSBC MORTGAGE CORPORATION USA
  • First Open Lien Mortgage Recording Date: Jul 02, 2010
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2040

    Market Valuation

  • Market Total Value: $608,085
  • Market Land Value: $70,000
  • Market Improvement Value: $538,085

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,160
  • Assessed Land Value: $6,580
  • Assessed Improvements Value: $50,580

    Sales

  • Current Sale Contract Date: Jun 25, 2010
  • Current Sale Recording Date: Jul 02, 2010
  • Current Sale Transaction ID: 1046016625
  • Current Sale Price: $560,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2010044347
  • Previous Sale Recording Date: Jul 18, 2006
  • Previous Sale Contract Date: Jun 29, 2006
  • Previous Sale Amount: $551,177
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HSBC MORTGAGE CORPORATION USA
  • First Mortgage Transaction Date: Jul 02, 2010
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: ARLINGTON CAPITAL MORTGAGE COR
  • Previous Mortgage Transaction Date: Jul 18, 2006
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2036

About Bucks



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Frequently Asked Questions

What neighborhood is 1180 William Penn Drive located in?
The 1180 William Penn Drive is a located in the neighborhood of Bensalem in Bucks, Bensalem.
What is the average sales price for listings in 1180 William Penn Drive?
The average sales price for units in 1180 William Penn Drive is $0 currently.

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