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5814 Michael Drive

5814 Michael Drive, Bensalem, PA 19020
Property in Bensalem
Sold Aug 02, 2004
$265,000
Sold Sep 10, 2002
$172,500
$163,875 by Wells Fargo Home Mtg Inc
Mortgage Due Sep 01, 2032
5814 Michael 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 1977 and is 47 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5814 Michael Drive has 1,319 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 520 ft and across the front of the lot is 850 ft. The area measurement of the land has been determined as 4,421 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 central heating system and being fueled with electricity. 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 27, 2004 for $265,000. That's $200.91 per sqft. Prior to that sales transaction, the property was also sold in Aug 26, 2002 for $172,500. 5814 Michael Drive was last assessed in 2023. The total value of the property was assessed at $22,400. Specifically, the land the property is located on was valued at $6,000. While improvements on the property were assessed at a total of $16,400. 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 $1,029. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,421
  • Lot Size Depth Feet: 520
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,319
  • Building Area: 1,319
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,319
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SALEM POINT
  • Land Acres: 0.102
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: LOT #194 SEC 3 SALEM POINT 85X52 IRR.

Ownership

  • Current Owner : HANNAH ERIC
  • Previous Owner : LEONARDI SALVATORE
  • Previous Owner 2: FARLEY SHANNON L
  • Owner Before Previous Owner: MILLER DONALD
  • Owner Before Previous Owner 2: MILLER KELLY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bensalem Township School District
  • School Tax School District: BENSALEM SD
  • Census Tract: 100212

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 02-052
  • District: 02
  • Parcel: 02-052-217
  • Block: 52
  • Lot: 194
  • Municipality: BENSALEM TOWNSHIP
  • Latitude: 40.1299
  • Longitude: -74.9162

    Address

  • Full Address: 5814 Michael Dr
  • Address - House Number: 5814
  • Address - Street Name: Michael
  • Address - Suffix Type: Dr
  • State: PA
  • City Name: Bensalem
  • Carrier Code: C050
  • 4-Digit Zip Code: 2457
  • Zip Code: 19020

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,029
  • Tax Rate Code Area: 02

    Appraisal Valuation

  • Standard Deviation: 0.1623
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 396,042
  • High Value: 460,334
  • Low Value: 331,751

    Market Valuation

  • Market Total Value: $238,298
  • Market Land Value: $63,830
  • Market Improvement Value: $174,468

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,400
  • Assessed Land Value: $6,000
  • Assessed Improvements Value: $16,400

    Sales

  • Current Sale Contract Date: Jul 27, 2004
  • Current Sale Recording Date: Aug 02, 2004
  • Current Sale Transaction ID: 1046034005
  • Current Sale Price: $265,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 096761
  • Previous Sale Recording Date: Sep 10, 2002
  • Previous Sale Contract Date: Aug 26, 2002
  • Previous Sale Amount: $172,500
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: WORLD SAVINGS BANK FSB
  • First Mortgage Transaction Date: Aug 02, 2004
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone First
  • First Mortgage Loan Due Date: Aug 16, 2034

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HOME MTG INC
  • Previous Mortgage Transaction Date: Sep 10, 2002
  • Previous Mortgage Loan Amount: $163,875
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Sep 01, 2032

About Bucks



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Frequently Asked Questions

What neighborhood is 5814 Michael Drive located in?
The 5814 Michael Drive is a located in the neighborhood of Bensalem in Bucks, Bensalem.
What is the average sales price for listings in 5814 Michael Drive?
The average sales price for units in 5814 Michael Drive is $0 currently.

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