NOT LISTED FOR SALE

124 Summit Ave Fort Washington, PA 19034

Estimated Value: $723,102 - $810,000

-- Bed
4 Baths
4,431 Sq Ft
$173/Sq Ft Est. Value

Last Sold February 06, 2018

Last sale price $437,000 $99 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,956/month

114 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • En-Suite Primary Bedroom
  • Fort Washington Elementary School Rated A
  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating

About This Home

As of February 2018

Great Investment Property! Property located in Elliger section of Fort Washington. This 3 unit building was once the General Store for the area. Hardwood floors in all of the units and new paint in hallways and several units as well as some new carpet. The side yard is used for picnic tables and chairs and several areas can be used for small gardens...it is a large yard for tenants to enjoy the outdoors. The exterior stone was was fully re-pointed in 2011 and several sidewalks replaced. It is full occupancy and convenient to the Pa. Turnpike, Rt#309, Schools and One block walking distance to the train which makes it easy to rent. Inspection reports available. All asbestos removed. There is ample parking on the street and in the driveway and plenty of storage in the basement. Award winning Upper Dublin School District.

Last Agent to Sell the Property

Linda Gedney

Compass RE License #RS197589L Listed on: 06/27/2017

Compass RE

Last Buyer's Agent

Linda Gedney

Compass RE License #RS197589L Listed on: 06/27/2017

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,116

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Property is in good condition

Home Design

  • Triplex
  • Stone Foundation
  • Pitched Roof
  • Shingle Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 4,431 Sq Ft Home
  • Ceiling Fan
  • Replacement Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Driveway
  • On-Street Parking

Eco-Friendly Details

  • Energy-Efficient Windows

Schools

  • Sandy Run Middle School
  • Upper Dublin High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating
  • Radiator
  • Heating System Uses Oil
  • 200+ Amp Service
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 007
  • Assessor Parcel Number 54-00-14629-005

Community Details

Building Details

  • Income includes laundry
  • Electric Expense $2,174
  • Insurance Expense $3,000
  • Other Expense $1,296
  • Operating Expense $18,880

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,116

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Property
  • Inclusions: Washer & Dryer In Apt C.
  • New Construction: No
  • Other Expense: 1296.00
  • Storage: Basement
  • Year Built: 1900
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Energy Efficient, Replacement
  • Fireplace: No
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Common
  • Total Sq Ft: 4431
  • Living Area Sq Ft: 4431
  • Price Per Sq Ft: 107.20
  • Above Grade Finished Sq Ft: 4431
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 124

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Stone
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 8
  • Parking Features: Street
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: On Street, Driveway

Utilities

  • Annual Heating Expense: 1954.00
  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Expense: 2174.00
  • Electric Service: 200+ Amp Service, Circuit Breakers, Fuses
  • Heating Fuel: Oil
  • Heating Type: Radiator, Zoned
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 2340.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: UPPER DUBLIN
  • Middle School: SANDY RUN
  • High School: UPPER DUBLIN
  • School District Key: 300200397033
  • High School: UPPER DUBLIN
  • Middle Or Junior School: SANDY RUN

Lot Info

  • Land Use Code: 1134
  • Lot Size Acres: 0.25
  • Lot Dimensions: 100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11000.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: B

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 43200.00
  • Income Includes: Laundry
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Tax Annual Amount: 8116.00
  • Assessor Parcel Number: 54-00-14629-005
  • Tax Lot: 007
  • Tax Year: 2017
  • Close Date: 02/06/2018

MLS Schools

  • School District Name: UPPER DUBLIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2017
Closed on
Feb 6, 2018
Sold by
Mitchell Lloyd E and Mitchell Sarah W
Bought by
Chau Lee I and Chau Jandrea K
Seller's Agent
Linda Gedney
Compass RE
Buyer's Agent
Linda Gedney
Compass RE
List Price
$475,000
Sold Price
$437,000
Premium/Discount to List
-$38,000
-8%
Current Estimated Value
$766,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,776
Avg. Annual Appreciation
7.74%
Original Mortgage
$327,750
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2012
Closed on
Jun 11, 2012
Sold by
Paparone Marianne R and Paparone Frank B
Bought by
Mitchell Sarah W and Mitchell Lloyd E
Seller's Agent
Nicholas Ciliberto
EXP Realty, LLC
Buyer's Agent
Linda Gedney
Compass RE
List Price
$449,900
Sold Price
$410,000
Premium/Discount to List
-$39,900
-8.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.13%
Original Mortgage
$307,500
Interest Rate
3.84%
Source: Public Records

Range of Values:

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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
Chau Lee I $437,000 --
Mitchell Sarah W $410,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chau Lee I $240,000
Closed Chau Lee I $327,750
Previous Owner Mitchell Lloyd E $273,750
Previous Owner Mitchell Sarah W $307,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2018 02/06/18 Sold $437,000 -8.0% $99 / Sq Ft
10/19/2017 10/19/17 For Sale $475,000 0.0% $107 / Sq Ft
10/19/2017 10/19/17 Pending -- -- --
10/14/2017 10/14/17 Pending -- -- --
09/22/2017 09/22/17 Price Changed $475,000 0.0% $107 / Sq Ft
09/22/2017 09/22/17 For Sale $475,000 -5.0% $107 / Sq Ft
07/09/2017 07/09/17 For Sale $499,900 0.0% $113 / Sq Ft
07/07/2017 07/07/17 Pending -- -- --
06/27/2017 06/27/17 For Sale $499,900 0.0% $113 / Sq Ft
10/01/2012 10/01/12 Rented $650 0.0% --
09/17/2012 09/17/12 Under Contract -- -- --
06/14/2012 06/14/12 For Rent $650 0.0% --
06/11/2012 06/11/12 Sold $410,000 -8.9% $93 / Sq Ft
04/26/2012 04/26/12 Pending -- -- --
03/16/2012 03/16/12 For Sale $449,900 -- $102 / 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
2025 $9,340 $191,530 $62,510 $129,020
2024 $9,340 $191,530 $62,510 $129,020
2023 $9,122 $191,530 $62,510 $129,020
2022 $8,923 $191,530 $62,510 $129,020
2021 $8,701 $191,530 $62,510 $129,020
2020 $8,449 $191,530 $62,510 $129,020
2019 $8,308 $191,530 $62,510 $129,020
2018 $8,309 $191,530 $62,510 $129,020
2017 $8,005 $191,530 $62,510 $129,020
2016 $7,931 $191,530 $62,510 $129,020
2015 $7,491 $191,530 $62,510 $129,020
2014 $7,491 $191,530 $62,510 $129,020
Source: Public Records

Agents Affiliated with this Home

  • Linda Gedney

    Seller's Agent in 2018

    Linda Gedney

    Compass RE

    (215) 205-0181

    8 in this area

    131 Total Sales

    Linda Gedney
    Section Image
  • Nicholas Ciliberto

    Seller's Agent in 2012

    Nicholas Ciliberto

    EXP Realty, LLC

    (267) 446-1622

    2 in this area

    88 Total Sales

    Nicholas Ciliberto
    Section Image
  • Renee Bryant

    Buyer's Agent in 2012

    Renee Bryant

    Equity Mid Atlantic Real Estate LLC

    (610) 613-1439

    21 Total Sales

    Renee Bryant
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000460727

Bright MLS

APN: 54-00-14629-005

Pennsylvania Montgomery County Fort Washington 19034

124 Summit Ave, Fort Washington, PA

This home is located at 124 Summit Ave, Fort Washington, PA 19034 since 27 June 2017 and is currently estimated at $766,776, approximately $173 per square foot. This property was built in 1900. 124 Summit Ave is a home located in Montgomery County with nearby schools including Fort Washington Elementary School, Sandy Run Middle School, and Upper Dublin High School.

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