tomo logo

$525,000

Beds
5
Baths
3.0
sq ft
2,761

118 Melvin Ave, Morrisville, PA 19067

118 Melvin Ave

MORRISVILLE, PA 19067

  • 10 days on market
This charming 2009 Colonial home in sought-after Bucks County offers a blend of modern luxury and convenience. It is set on a premium park-like lot that provides both privacy and a sense of serenity. With five spacious bedrooms, three full bathrooms, and a functional open floor plan, this home is designed for both comfort and style. The gourmet kitchen is a true centerpiece, featuring elegant white cabinets, granite countertops, and stainless steel appliances. Sliding glass doors lead from the kitchen to an expansive fenced-in backyard, perfect for outdoor gatherings and relaxation. Natural light pours into every room, enhancing the home’s bright and airy feel. The inviting family room is highlighted by an inset fireplace. Cathedral ceilings create a cozy, yet grand space for entertaining or unwinding. A first-floor room with its own full bathroom offers versatility as an additional bedroom (ideal for in-laws) or a home office. Upstairs, the luxurious primary suite includes a walk-in closet, and a stunning modern bathroom. The additional three, generously-sized bedrooms provide ample closet space and serene views of the surrounding landscape. Every bathroom has sleek, contemporary finishes. Additional features include a large basement, perfect for storage or recreation and a two-car garage. Adjacent to open space including a farm and golf course. Located just minutes from major routes, yet tucked away on a quiet street, this home offers a tranquil retreat with easy access to shopping, dining and schools.

Details

Property type

Single Family Residence

Est. home value

$635,055

Lot size

0.89 acres

Price per sq ft

$191

Year built

2009

Annual property taxes

$12,463

HOA

No

Price History

10/25/2024
Bright

Bright #PABU2082206

Listed
$525,000
-10.24%
04/04/2024
BrightMLS

BrightMLS #PABU2064414

Removed
$584,900
04/04/2024
BrightMLS

BrightMLS #PABU2064414

Listed
$584,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

MORRISVILLE

School district: 

MORRISVILLE BOROUGH

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$116,340
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$366,660
Cash to seller
$116,340

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Obsidian Financial Services Inc

Loan start date

July 2019

Original loan amount

$409,035

Est. remaining balance

$366,660

Interest rate

3.82%

Loan type

FHA, 30 year

Seller

Tara Y Wilson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/04/2024 at 5:10 PM

Listing updated: 10/29/2024 at 3:04 PM

Listed by: Lindsey Helen Tilton, River Valley Properties Phone #: (215) 321-3228

MLS: Bright #PABU2082206

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