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531 Hammond Drive

531 Hammond Drive, Morrisville, PA 19067
Property in Lower Makefield
Sold Jun 02, 2022
$623,000
$275,000 by Movement Mortgage Llc
Mortgage Due Jun 01, 2052
Sold Jul 01, 1994
$189,000
$170,000 by Phh Us Mtg Corp
Mortgage Due Jul 01, 2024
531 Hammond Drive in Morrisville, PA was first built in 1966 and is 58 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 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 531 Hammond Drive has 2,239 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 1,400 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 18,896 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 central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with electricity. The property was last sold in May 27, 2022 for $623,000. That's $278.25 per sqft. Prior to that sales transaction, the property was also sold in Jun 30, 1994 for $189,000. 531 Hammond Drive was last assessed in 2023. The total value of the property was assessed at $35,200. Specifically, the land the property is located on was valued at $8,600. 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 $7,917. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • 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: 18,896
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 1,400
  • Total Building Area: 2,239
  • Building Area: 2,239
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,239
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VALLEYWOOD SEC 04
  • Land Acres: 0.434
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: VALLEYWOOD SEC 4 LOT #22 140X135

Ownership

  • Current Owner : SILVER BRAD
  • Previous Owner : ROSSI THOMAS A
  • Owner Before Previous Owner: MACHADO FLAVIO S
  • Owner Before Previous Owner 2: MACHADO ROBERTA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

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

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 20-049
  • District: 20
  • Parcel: 20-049-198
  • Block: 49
  • Lot: 22
  • Municipality: LOWER MAKEFIELD TOWNSHIP
  • Latitude: 40.2083
  • Longitude: -74.808

    Address

  • Full Address: 531 Hammond Dr
  • Address - House Number: 531
  • Address - Street Name: Hammond
  • Address - Suffix Type: Dr
  • State: PA
  • City Name: Yardley
  • Carrier Code: C014
  • 4-Digit Zip Code: 3807
  • Zip Code: 19067

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,917
  • Tax Rate Code Area: 20

    Appraisal Valuation

  • Standard Deviation: 0.1602
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 604,302
  • High Value: 701,125
  • Low Value: 507,479

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $275,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 02, 2022
  • First Open Lien Mortgage Loan Amount: $275,000
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $374,468
  • Market Land Value: $91,489
  • Market Improvement Value: $282,979

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,200
  • Assessed Land Value: $8,600
  • Assessed Improvements Value: $26,600

    Sales

  • Current Sale Contract Date: May 27, 2022
  • Current Sale Recording Date: Jun 02, 2022
  • Current Sale Transaction ID: 11889472475
  • Current Sale Price: $623,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 35631
  • Previous Sale Recording Date: Jul 01, 1994
  • Previous Sale Contract Date: Jun 30, 1994
  • Previous Sale Amount: $189,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 02, 2022
  • First Mortgage Loan Amount: $275,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PHH US MTG CORP
  • Previous Mortgage Transaction Date: Jul 01, 1994
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $170,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2024

About Bucks



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Nearby Rentals

Unit for rent at 1409 Yardley Commons, YARDLEY, PA, 19067

$2,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,250 ft²
1409 Yardley Commons, YARDLEY, PA, 19067 Listing by RH Advisors Bright

Frequently Asked Questions

What neighborhood is 531 Hammond Drive located in?
The 531 Hammond Drive is a located in the neighborhood of Lower Makefield in Bucks, Morrisville.
What is the average sales price for listings in 531 Hammond Drive?
The average sales price for units in 531 Hammond Drive is $0 currently.

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