NOT LISTED FOR SALE

131 Madison Ave Warminster, PA 18974

Estimated Value: $294,000 - $346,000

2 Beds
1 Bath
726 Sq Ft
$440/Sq Ft Est. Value

Last Sold February 03, 2022

Last sale price $260,000 $358 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,965/month

1 Day on Market

Highlights

  • 0.55 Acre Lot
  • 1 Car Detached Garage
  • Bungalow
  • No HOA
  • More Than Two Accessible Exits
  • Parking Storage or Cabinetry

About This Home

As of February 2022

Now is your chance to own a well-cared-for, solidly-built bungalow, situated on more than a half-acre, which is just waiting for your personal touches! Enjoy any time of the day during the spring, summer, or fall, from your private covered patio. Have your meals, sit and read, or just have coffee while viewing nature at its best whenever the deer, birds, and rabbits appear! The backyard is peaceful and quiet and offers plenty of space to make an addition to the home. Create outdoor gardens, outdoor games, or add a pool if you would like. Have pets? Plenty of room for them too! There is ample outdoor storage space with two good-sized enclosed sheds on the property. There's also a detached garage which has a newer roof and can be used as a workspace or for additional storage space.
This small but mighty 1925 bungalow offers plenty of sunlight which fills the spacious living room when you first walk in. The living room stairs lead to a second floor which has enough space to become two additional bedrooms and /or office space or gym. Just use your imagination! Off the living room are the dining room and a short hallway where the primary one full bath is located and additional closet space. From the dining room, there are two doorways, one enters into the primary bedroom the other into the kitchen which has views to the scenic backyard and sufficient cabinetry and countertop space. The patio is located right off of the kitchen which makes it ideal for entertaining as well as just relaxing. This bungalow which feels bigger than indicated; is priced to sell, the only thing missing is your name on the title!

Last Agent to Sell the Property

Gwen Riesenberg

BHHS Fox & Roach-Blue Bell License #RS332323 Listed on: 11/29/2021

BHHS Fox & Roach-Blue Bell

Last Buyer's Agent

Manny Adames

Opus Elite Real Estate License #RS328479

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,550

Year Built

  • Built in 1925

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 50.00 x 475.00
  • Property is in good condition
  • Property is zoned R3

Parking

  • 1 Car Detached Garage
  • 4 Driveway Spaces
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • On-Street Parking

Home Design

  • Bungalow
  • Block Foundation
  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 726 Sq Ft Home
  • Property has 1.5 Levels

Bedrooms and Bathrooms

  • 1 Full Bathroom

Basement

  • Heated Basement
  • Connecting Stairway
  • Interior Basement Entry
  • Sump Pump
  • Laundry in Basement
  • Basement Windows

Accessible Home Design

  • Lowered Light Switches
  • More Than Two Accessible Exits
  • Level Entry For Accessibility

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • Speedway Subdivision

Listing and Financial Details

  • Tax Lot 227
  • Assessor Parcel Number 49-018-227

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,550

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Accessibility Features: 2+ Access Exits, Accessible Switches/Outlets, Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: Mirror in DR, outside planters by front door, outside bell(s) on wooden post/pole, wagon wheel, fire hydrant,copper bird bath, (all lawn ornaments), contents of sheds and garage, patio furniture
  • Inclusions: Lawn tractor AS-IS condtion, window A/C unit(s) AS-IS condition
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-11-29
  • Federal Flood Zone: No
  • Year Built: 1925
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 1.5
  • Room List: Additional Bedroom
  • Basement: Yes
  • Basement Type: Poured Concrete, Interior Access, Sump Pump, Windows, Connecting Stairway, Heated
  • Laundry Type: Basement
  • Total Sq Ft: 726
  • Living Area Sq Ft: 726
  • Price Per Sq Ft: 336.78
  • Above Grade Finished Sq Ft: 726
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 131

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Detached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CENTENNIAL
  • School District Key: 300200397326
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 1007
  • Lot Size Acres: 0.55
  • Lot Dimensions: 50.00 x 475.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23750.00
  • Property Condition: Average, Good
  • Year Assessed: 2021
  • Zoning: R3

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1929.00
  • Tax Annual Amount: 2550.00
  • Assessor Parcel Number: 49-018-227
  • Tax Lot: 227
  • Tax Total Finished Sq Ft: 726
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/03/2022

MLS Schools

  • School District Name: CENTENNIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2021
Closed on
Jan 26, 2022
Sold by
Heiselmoyer Robert E
Bought by
Adames Samantha Elyse
Seller's Agent
Gwen Riesenberg
BHHS Fox & Roach-Blue Bell
Buyer's Agent
Manny Adames
Opus Elite Real Estate
List Price
$244,500
Sold Price
$260,000
Premium/Discount to List
$15,500
6.34%
Current Estimated Value
$319,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,382
Avg. Annual Appreciation
5.95%
Original Mortgage
$252,200
Outstanding Balance
$235,017
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$84,365

Purchase Details

Closed on
Oct 31, 2016
Sold by
Heiselmoyer Robert E and Heiselmoyer Doris F
Bought by
Hesielmoyer Robert F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2001
Sold by
Heiselmoyer Robert E and Heiselmoyer Susan D
Bought by
Heiselmoyer Robert E and Heiselmoyer Doris F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.37%

Purchase Details

Closed on
Jun 6, 1991
Bought by
Heiselmoyer Robert E and Heiselmoyer Susan D
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
Adames Samantha Elyse $260,000 Eagles Abstract
Hesielmoyer Robert F -- None Available
Heiselmoyer Robert E -- --
Heiselmoyer Robert E $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adames Samantha Elyse $252,200
Previous Owner Hesielmoyer Robert F $100,000
Previous Owner Heiselmoyer Robert E $18,500
Previous Owner Heiselmoyer Robert E $5,000
Previous Owner Helselmoyer Robert E $10,000
Previous Owner Heiselmoyer Robert E $67,500
Closed Adames Samantha Elyse $13,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2022 02/03/22 Sold $260,000 +6.3% $358 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
11/29/2021 11/29/21 For Sale $244,500 -- $337 / 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 $2,702 $12,800 $3,600 $9,200
2024 $2,702 $12,800 $3,600 $9,200
2023 $2,618 $12,800 $3,600 $9,200
2022 $2,563 $12,800 $3,600 $9,200
2021 $2,503 $12,800 $3,600 $9,200
2020 $2,468 $12,800 $3,600 $9,200
2019 $2,337 $12,800 $3,600 $9,200
2018 $2,281 $12,800 $3,600 $9,200
2017 $2,214 $12,800 $3,600 $9,200
2016 $2,214 $12,800 $3,600 $9,200
2015 $2,432 $12,800 $3,600 $9,200
2014 $2,432 $12,800 $3,600 $9,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2012240

Bright MLS

APN: 49-018-227