See Home Value
Morrisville 19067
615 N LAFAYETTE AVE
$345,000
House - Off Market

615 N LAFAYETTE AVE

MORRISVILLE, PA 19067
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2110 Sqft
$391,644
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Attention All Investors!  Terrific opportunity to own a well maintained residential investment property on a tree-lined street in the Highland Park  neighborhood of Morrisville Borough.  This legally approved Triplex is now available for your viewing pleasure. Live in one and rent out the two other units or use this solely as an income producing property.  All units are 1 Bedroom and 1 Bath with Living Room, Kitchen and additional bonus rooms that can be used as multi-purpose space - home office, play area, crafting rooms etc.  In addition, all units are currently occupied by three long term tenants (8yrs, 9 yrs and 15 yrs respectively). As you enter the front foyer of the property  you will find the entrances to  Units #1 and #2.  Upon entering Unit#1 you will find a nicely sized Living Room with wall to wall carpeting,  a ceiling fan,  and a brick,  wood burning fireplace. Proceeding down the hall you will find the renovated bathroom with newer laminate flooring and  a neutral color palette. Moving further down the hallway you will find the Eat-in Kitchen complete with gas cooking, attractive backsplash and laminate flooring.  The Bedroom for Unit #1 is located to the rear of the unit and features wall to wall carpeting and his/her closets.  Heading back to the front foyer you will find the entrance to Unit #2.  Upon entering Unit #2 you will find the first of several multi-purpose use spaces.  Currently used as a home office, this front room can be a playroom, crafting room, reading room etc. The front room has large windows that allow for plenty of natural light and is accented by attractive laminate flooring.  Adjacent to the front room is the Living Room with laminate flooring and ceiling fan.  The Kitchen for Unit #2 is just around the corner and features electric cooking, vinyl flooring and a separate room that can be used as a breakfast nook.  To the rear of the Kitchen is another multi-use space that contains a food pantry and plenty of room for storing your favorite things.  The Bedroom and Bathroom for Unit #2 are located on the second floor of the Unit.  The Bedroom area features wall to wall carpeting, closet space and a full bath.   The entrance to Unit #3 is located around the side of the property and up the steps.  Upon entering Unit #3 you will find an  enclosed porch.  The enclosed porch is currently being used as an art studio and storage area by the current tenant.  Moving inside you will find the kitchen with gas cooking, tiled backsplash and tiled floor.  Down the hallway is the Living Room with wall to wall carpeting,  a large bedroom with lots of windows and a full bath with laminate flooring.  Exiting the interior of the property you will find a large shared backyard with plenty of space for relaxing, a three car pole barn garage for parking and the entrance to  the basement that all tenants use for Storage space. This property is a short walk to numerous amenities i.e. Restaurants, Farmers Market, Hardware Store, Drug store, and most importantly the recreational Tow Path on the canal. The Tow Path is the  perfect spot for walking, jogging, biking, fishing or just taking in nature at it's best.  This properties location  and convenience to I-95, Rt -195, Rt 1 and several train stations provide easy access to Princeton, Phil. and NY, making these rental units very attractive and a commuters dream.
Unit Size
2,110Ft²
Days on Market
58 days
Land Size
0.21 acres
Price per sqft
$164
Property Type
House
Property Taxes
$641
HOA Dues
-
Year Built
1926
Last updated: 10 months ago (Bright MLS #PABU2004332)

Price History

Date / Event Date Event Price
Oct 4, 2021 Sold to Brittany Baird $345,000
Sold to Brittany Baird
Aug 3, 2021 Listed by BHHS Fox & Roach -Yardley/Newtown $345,000
Listed by BHHS Fox & Roach -Yardley/Newtown

Property Highlights

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Construction Type: Frame
  • Building Style: Multifamily
  • Floor Count: 2
  • Living Units: 3
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,152
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 610
  • Total Building Area: 2,110
  • Building Area: 2,110
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,110
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HENDRICKSON FARM
  • Land Acres: 0.21
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • County Land Use Code: Timeshare (residential)
  • Legal Description 1: LOT W S LAFAYETTE AVE 175 FT S OF W TRENTON AVE 61X150

Ownership

  • Current Owner : BAIRD BRITTANY
  • Previous Owner : SULLIVAN BRYAN D
  • Previous Owner 2: SULLIVAN JOHN P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Morrisville Borough School District
  • School Tax School District: MORRIS BORO SD
  • Census Tract: 105704

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 24-008
  • District: 24
  • Parcel: 24-008-070
  • Block: 8
  • Lot: W
  • Municipality: MORRISVILLE BOROUGH
  • Latitude: 40.214
  • Longitude: -74.7869

    Address

  • Full Address: 615 N Lafayette Ave
  • Address - House Number: 615
  • Street Direction: N
  • Address - Street Name: Lafayette
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Morrisville
  • Carrier Code: C011
  • 4-Digit Zip Code: 6600
  • Zip Code: 19067

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,911
  • Tax Rate Code Area: 24

    Appraisal Valuation

  • Standard Deviation: 0.3799
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 24
  • Final Value: 122,869
  • High Value: 169,556
  • Low Value: 76,181

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $276,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 04, 2021
  • First Open Lien Mortgage Loan Amount: $276,000
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $263,829
  • Market Land Value: $71,489
  • Market Improvement Value: $192,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,800
  • Assessed Land Value: $6,720
  • Assessed Improvements Value: $18,080

    Sales

  • Current Sale Contract Date: Sep 28, 2021
  • Current Sale Recording Date: Oct 04, 2021
  • Current Sale Transaction ID: 11858123790
  • Current Sale Price: $345,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021090972

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Oct 04, 2021
  • First Mortgage Loan Amount: $276,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,968 ft²
$147/ft²
$290,000 Apr 25, 2019
$290,000 Oct 22, 2019
-
House
3 Beds
3 Baths
2,314 ft²
$145/ft²
$335,000 May 7, 2016
$335,000 Jul 28, 2016
-
House
3 Beds
2 Baths
1,676 ft²
$198/ft²
$332,000 Mar 15, 2015
$332,000 May 22, 2015
-
House
3 Beds
2 Baths
1,515 ft²
$261/ft²
$396,000 Feb 22, 2023
$396,000 Apr 21, 2023
-
House
3 Beds
2 Baths
1,358 ft²
$266/ft²
$361,500 Apr 18, 2023
$361,500 May 31, 2023
-
House
4 Beds
2 Baths
2,118 ft²
$139/ft²
$295,000 Jan 31, 2017
$295,000 Jun 2, 2017
-
House
3 Beds
2 Baths
1,380 ft²
$238/ft²
$329,000 Jun 19, 2023
-
-
House
3 Beds
2 Baths
1,189 ft²
$273/ft²
$325,000 Jun 14, 2023
-
-
House
3 Beds
1 Bath
1,152 ft²
$260/ft²
$300,000 Jul 17, 2023
-
-
House
3 Beds
2 Baths
1,202 ft²
$250/ft²
$299,900 Jun 23, 2023
-
-
House
4 Beds
2 Baths
2,016 ft²
$186/ft²
$375,000 Aug 4, 2022
-
-
House
4 Beds
1 Bath
2,005 ft²
$204/ft²
$410,000 May 27, 2023
-
-

About Morrisville


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Frequently Asked Questions

When was property at 615 North Lafayette Avenue built and last sold?
The property at 615 North Lafayette Avenue was built in 1926 and last sold on Sep 28, 2021 for $345,000.
How much is this home worth?
The estimated value of the home located at 615 North Lafayette Avenue is $356,402.
What are some comparable homes to 615 North Lafayette Avenue?
There are currently no comparable homes to 615 North Lafayette Avenue.

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