Check Availability

1995 Timber Lakes Drive

1995 Timber Lakes Drive, Morrisville, PA 19067
Sold Oct 27, 2021
$1,474,900
$344,900 by Morgan Stanley Private Bank Na
Mortgage Due Nov 01, 2051
Sold Jan 10, 2011
$1,037,500
$417,000 by Charles Schwab Bank Na
Mortgage Due Jan 01, 2041
1995 Timber Lakes Drive in Morrisville, PA was first built in 1985 and is 39 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1995 Timber Lakes Drive has 5,442 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. In total, the area measurement of the land is 275,282 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. 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 masonry control joints. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1995 Timber Lakes Drive was last sold in Sep 28, 2021 for $1,474,900. According to our calculations, that's $271.02 per sqft. Prior to that sales transaction, the property was sold for $1,037,500 in Dec 27, 2010. Current property owners are expected to pay $25,313 in taxes per year. The property on 1995 Timber Lakes Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $112,550. To break that down further, the land itself was valued at $38,040. While improvements to the property were assessed at a total of $74,510. 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. 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.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.

Building Features

Exterior

Masonry Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 275,282
  • Total Building Area: 5,442
  • Building Area: 5,442
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,442
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 6.32
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: 6.3196A LOT #23 TIMBER LA KES 485 FT TIMBER LAKE DR

Ownership

  • Current Owner : SHEPHERD MICHAEL
  • Current Owner 2: SHEPHERD STACIE
  • Previous Owner : HAYDEN LUKE S
  • Previous Owner 2: HAYDEN HOLLY
  • Owner Before Previous Owner: TURNER JOHN
  • Owner Before Previous Owner 2: TURNER DOROTHY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Pennsbury School District
  • School Tax School District: PENNSBURY SD
  • Census Tract: 105508

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 20-003
  • District: 20
  • Parcel: 20-003-031
  • Block: 3
  • Lot: 23
  • Municipality: LOWER MAKEFIELD TOWNSHIP
  • Latitude: 40.25
  • Longitude: -74.8968

    Address

  • Full Address: 1995 Timber Lakes Dr
  • Address - House Number: 1995
  • Address - Street Name: Timber Lakes
  • Address - Suffix Type: Dr
  • State: PA
  • City Name: Yardley
  • Carrier Code: C043
  • 4-Digit Zip Code: 3920
  • Zip Code: 19067

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $25,313
  • Tax Rate Code Area: 20

    Appraisal Valuation

  • Standard Deviation: 0.1551
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 1,598,873
  • High Value: 1,846,973
  • Low Value: 1,350,773

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $344,900
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Oct 27, 2021
  • First Open Lien Mortgage Loan Amount: $344,900
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $1,197,341
  • Market Land Value: $404,681
  • Market Improvement Value: $792,660

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $112,550
  • Assessed Land Value: $38,040
  • Assessed Improvements Value: $74,510

    Sales

  • Current Sale Contract Date: Sep 28, 2021
  • Current Sale Recording Date: Oct 27, 2021
  • Current Sale Transaction ID: 11861824429
  • Current Sale Price: $1,474,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021098953
  • Previous Sale Recording Date: Jan 10, 2011
  • Previous Sale Contract Date: Dec 27, 2010
  • Previous Sale Amount: $1,037,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Mortgage Transaction Date: Oct 27, 2021
  • First Mortgage Loan Amount: $344,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CHARLES SCHWAB BANK NA
  • Previous Mortgage Transaction Date: Jan 10, 2011
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2041

About Bucks



Similar Buildings

House at 1995 Timber Lakes Drive,

839 Washington Crossing Road

  • 1 Unit for Sale
839 Washington Crossing Road, Newtown, PA 18940
House at 1995 Timber Lakes Drive,

41 Brecknock Court

  • 1 Unit for Sale
41 Brecknock Court, Newtown, PA 18940

Nearby Rentals

Unit for rent at 681a Rose Hollow Dr, YARDLEY, PA, 19067

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,563 ft²
681a Rose Hollow Dr, YARDLEY, PA, 19067 Listing by RH Advisors Bright
Unit for rent at 112 Everett Dr, NEWTOWN, PA, 18940

$2,550 /mo

  • 2 Beds
  • 1 Bath
  • 1,030 ft²
112 Everett Dr, NEWTOWN, PA, 18940 Listing by RH Advisors Bright

Frequently Asked Questions

What neighborhood is 1995 Timber Lakes Drive located in?
The 1995 Timber Lakes Drive is a house located in the neighborhood of Lower Makefield in Bucks, Morrisville.
What is the average sales price for listings in 1995 Timber Lakes Drive?
The average sales price for units in 1995 Timber Lakes Drive is $0 currently.

Quantcast