NOT LISTED FOR SALE

1040 Ethel Ave Norristown, PA 19403

Estimated Value: $443,000 - $470,000

3 Beds
2 Baths
1,268 Sq Ft
$358/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $340,000 $268 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,877/month

3 Days on Market

Highlights

  • Private Pool
  • Rambler Architecture
  • 4 Car Direct Access Garage
  • Worcester El School Rated A
  • No HOA
  • Central Heating and Cooling System

About This Home

As of October 2020

Welcome Home! 1040 Ethel Ave. is sitting in a PRIME location in a suburban setting outside the hustle and bustle of the city. METICULOUSLY maintained inside and out. Plenty of space inside to entertain friends and guests and easy to maintain with cheaper than average utilities (pending buyer). Not a inside person? No worries...Ethel ave has a AMAZING fenced in backyard with giant stamped concrete patio, pool and playground...that back up to a enormous open field that drains away from property! Truly a rare find. ALSO: Property has a WALKOUT BASEMENT with drain system and has stayed dry for years. Mechanicals in great condition and serviced regularly. Current Seller does not want to go but is relocating for work...truly a rare find for any buyer. Call and make your appt ASAP!

Last Agent to Sell the Property

Christopher Bennett

Heritage Homes Realty License #RS284291 Listed on: 08/29/2020

Last Buyer's Agent

Michelle Gallagher

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,353

Year Built

  • Built in 1957

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 100.00 x 0.00
  • Property is in excellent condition
  • Property is zoned R100

Parking

  • 4 Car Direct Access Garage
  • 8 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Pool

  • Private Pool

Schools

  • Methacton High School

Utilities

  • Central Heating and Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Fairview Est Subdivision

Listing and Financial Details

  • Tax Lot 041
  • Assessor Parcel Number 67-00-00790-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,353

Year Built

Built in 1957

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Washer Dryer Fridge
  • New Construction: No
  • Story List: Main
  • Year Built: 1957
  • Automatically Close On Close Date: Yes
  • Remarks Public: Welcome Home! 1040 Ethel Ave. is sitting in a PRIME location in a suburban setting outside the hustle and bustle of the city. METICULOUSLY maintained inside and out. Plenty of space inside to entertain friends and guests and easy to maintain with cheaper than average utilities (pending buyer). Not a inside person? No worries...Ethel ave has a AMAZING fenced in backyard with giant stamped concrete patio, pool and playground...that back up to a enormous open field that drains away from property! Truly a rare find. ALSO: Property has a WALKOUT BASEMENT with drain system and has stayed dry for years. Mechanicals in great condition and serviced regularly. Current Seller does not want to go but is relocating for work...truly a rare find for any buyer. Call and make your appt ASAP!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2368
  • Living Area Sq Ft: 1268
  • Price Per Sq Ft: 256.23
  • Above Grade Finished Sq Ft: 1268
  • Below Grade Sq Ft: 1100
  • Total Below Grade Sq Ft: 1100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1040

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: No
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access, Oversized
  • Total Garage And Parking Spaces: 12
  • Type Of Parking: Driveway, On Street, Parking Garage
  • Number of Spaces in Driveway: 8
  • Parking Garage Number Of Spaces: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Electric, Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: METHACTON
  • High School: METHACTON
  • High School Source: 3rd Party
  • School District Key: 300200397031
  • School District Source: 3rd Party
  • High School: METHACTON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 0.35
  • Lot Dimensions: 100.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15100.00
  • Property Condition: Excellent, Very Good, Good
  • Year Assessed: 2020
  • Zoning: R100

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 871821
  • School Tax: 3914.00
  • Tax Annual Amount: 4353.00
  • Assessor Parcel Number: 67-00-00790-007
  • Tax Lot: 041
  • Tax Total Finished Sq Ft: 1268
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 10/15/2020

MLS Schools

  • School District Name: METHACTON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2020
Closed on
Oct 13, 2020
Sold by
Foster Kurt
Bought by
Cieri Gianfranco
Seller's Agent
Christopher Bennett
Heritage Homes Realty
Buyer's Agent
Michelle Gallagher
Long & Foster Real Estate, Inc.
List Price
$324,900
Sold Price
$340,000
Premium/Discount to List
$15,100
4.65%
Current Estimated Value
$453,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,239
Avg. Annual Appreciation
4.87%
Original Mortgage
$225,000
Outstanding Balance
$202,489
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$225,243

Purchase Details

Listed on
Feb 29, 2016
Closed on
Apr 22, 2016
Sold by
Boccella Phil and Baker Scott
Bought by
Foster Kurt
Seller's Agent
Kevin Boccella
BHHS Fox & Roach-Haverford
Buyer's Agent
Christopher Bennett
Heritage Homes Realty
List Price
$270,000
Sold Price
$266,000
Premium/Discount to List
-$4,000
-1.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%
Original Mortgage
$252,700
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 7, 2015
Closed on
Jan 13, 2016
Sold by
Us Bank Na
Bought by
Baker Scott and Boccella Phil
Seller's Agent
Anne Rubin
Century 21 Advantage Gold-Elkins Park
Buyer's Agent
Kevin Boccella
BHHS Fox & Roach-Haverford
List Price
$93,600
Sold Price
$141,100
Premium/Discount to List
$47,500
50.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
946.72%

Purchase Details

Closed on
Aug 21, 2015
Sold by
Sheriff Of Montgomery County
Bought by
Us Bank Na

Purchase Details

Closed on
Jun 14, 2004
Sold by
Gradwell Michael J
Bought by
Gradwell Michael L and Gradwell Christina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
6.25%

Purchase Details

Closed on
Feb 3, 2003
Sold by
Kraus Laura M
Bought by
Gradwell Michael J

Purchase Details

Closed on
Dec 20, 2001
Sold by
Keyes Marie A and Kraus Laura M
Bought by
Kraus Laura M
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cieri Gianfranco $340,000 None Available
Foster Kurt $266,000 Attorney
Baker Scott $141,000 None Available
Us Bank Na $1,975 None Available
Gradwell Michael L -- First American Title Ins Co
Gradwell Michael J $142,000 --
Gradwell Michael J $142,000 --
Gradwell Michael J $142,000 --
Kraus Laura M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cieri Gianfranco $225,000
Previous Owner Foster Kurt $252,700
Previous Owner Gradwell Michael J $35,000
Previous Owner Gradwell Michael J $280,000
Previous Owner Gradwell Michael J $70,000
Previous Owner Gradwell Michael J $261,000
Previous Owner Not Provided $0
Previous Owner Gradwell Michael J $152,000
Closed Us Bank Na $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $340,000 +4.6% $268 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/29/2020 08/29/20 For Sale $324,900 +22.1% $256 / Sq Ft
04/22/2016 04/22/16 Sold $266,000 +2.7% $210 / Sq Ft
03/12/2016 03/12/16 Pending -- -- --
03/09/2016 03/09/16 Price Changed $259,000 -7.2% $204 / Sq Ft
03/01/2016 03/01/16 Price Changed $279,000 +3.3% $220 / Sq Ft
02/29/2016 02/29/16 For Sale $270,000 +91.4% $213 / Sq Ft
01/15/2016 01/15/16 Sold $141,100 +50.7% $111 / Sq Ft
12/22/2015 12/22/15 Pending -- -- --
12/07/2015 12/07/15 For Sale $93,600 -- $74 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,745 $125,270 $59,870 $65,400
2023 $4,551 $125,270 $59,870 $65,400
2022 $4,463 $125,270 $59,870 $65,400
2021 $4,375 $125,270 $59,870 $65,400
2020 $4,294 $125,270 $59,870 $65,400
2019 $4,252 $125,270 $59,870 $65,400
2018 $488 $125,270 $59,870 $65,400
2017 $4,089 $125,270 $59,870 $65,400
2016 $4,039 $125,270 $59,870 $65,400
2015 $3,934 $125,270 $59,870 $65,400
2014 $3,896 $125,270 $59,870 $65,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC661856

Bright MLS

APN: 67-00-00790-007