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1512 David Terrace

1512 David Terrace, Morrisville, PA 19067
Property in Lower Makefield
Sold Feb 05, 1997
$172,000
$150,000 by Trumark Financial Cu
Mortgage
Sold Nov 24, 1978
$74,000
1512 David Terrace has been categorized by the local assessors in Morrisville, PA as a residential type of property. The building on the property was first built in 1975 and is 49 years old. The home has a total of 8 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. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1512 David Terrace has 1,620 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 1,480 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 14,802 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bi-level 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. For the features and amenities located on the property. There is a built-in garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. 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 central heating system and being fueled with electricity. 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 Jul 22, 1996 for $172,000. That's $106.17 per sqft. Prior to that sales transaction, the property was also sold in Nov 24, 1978 for $74,000. 1512 David Terrace was last assessed in 2023. The total value of the property was assessed at $34,600. Specifically, the land the property is located on was valued at $8,000. While improvements on the property were assessed at a total of $26,600. 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 $7,782. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Construction Type: Frame
  • Building Style: Bi-level
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Built-in
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,802
  • Lot Size Depth Feet: 1,480
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,620
  • Building Area: 1,620
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,620
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MILFORD MANOR
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Condominium unit (residential)
  • Legal Description 1: MILFORD MANOR LOT #70 100X148

Ownership

  • Current Owner : METZ KEVIN P
  • Current Owner 2: METZ DEBRA A
  • Previous Owner : CHENG TU CHING
  • Previous Owner 2: CHENG MAY YIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Pennsbury School District
  • School Tax School District: PENNSBURY SD
  • Census Tract: 105507

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 20-055
  • District: 20
  • Parcel: 20-055-075
  • Block: 55
  • Lot: 70
  • Municipality: LOWER MAKEFIELD TOWNSHIP
  • Latitude: 40.2091
  • Longitude: -74.8344

    Address

  • Full Address: 1512 David Ter
  • Address - House Number: 1512
  • Address - Street Name: David
  • Address - Suffix Type: Ter
  • State: PA
  • City Name: Yardley
  • Carrier Code: C052
  • 4-Digit Zip Code: 4744
  • Zip Code: 19067

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,782
  • Tax Rate Code Area: 20

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 549,971
  • High Value: 640,459
  • Low Value: 459,482

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: TRUMARK FINANCIAL CU
  • First Open Lien Mortgage Recording Date: Apr 03, 2018
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $368,085
  • Market Land Value: $85,106
  • Market Improvement Value: $282,979

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,600
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $26,600

    Sales

  • Current Sale Contract Date: Jul 22, 1996
  • Current Sale Recording Date: Feb 05, 1997
  • Current Sale Transaction ID: 1126251381
  • Current Sale Price: $172,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 008664
  • Previous Sale Recording Date: Nov 24, 1978
  • Previous Sale Contract Date: Nov 24, 1978
  • Previous Sale Amount: $74,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PHH MTG SERVICES CORP
  • First Mortgage Transaction Date: Feb 05, 1997
  • First Mortgage Loan Amount: $163,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Feb 01, 2027

About Bucks



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Frequently Asked Questions

What neighborhood is 1512 David Terrace located in?
The 1512 David Terrace is a located in the neighborhood of Lower Makefield in Bucks, Morrisville.
What is the average sales price for listings in 1512 David Terrace?
The average sales price for units in 1512 David Terrace is $0 currently.

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