NOT LISTED FOR SALE

Estimated Value: $462,000 - $703,000

-- Bed
3 Baths
2,462 Sq Ft
$242/Sq Ft Est. Value

Last Sold July 21, 2022

Last sale price $510,000 $207 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,052/month

10 Days on Market

Highlights

  • 1.33 Acre Lot
  • Forced Air Heating System
  • 2-minute walk to Clearbrook Park
  • Colonial Architecture

About This Home

As of July 2022

Income Producing Duplex located on a GC-2 Commercial lot in Horsham. Two recently updated apartments and a rented garage. There is a double wide driveway along the entire length of the building which leads to a stone parking lot and rear level garage. Property currently has three income producing units. There is a large secluded flat level area in the rear of the property. Rear unit leased by long-term tenant and front unit occupied by owner and will eventually be vacated. GC-2 zoning allows for many uses including general contracting. Uses are listed in the document section of this listing. Please confirm with Horsham Township.

Last Agent to Sell the Property

Paul Sabia

RE/MAX Keystone Listed on: 05/24/2022

RE/MAX Keystone

Last Buyer's Agent

Thomas Hamer

Coldwell Banker Hearthside Realtors License #1859218

Coldwell Banker Hearthside Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,031

Year Built

  • Built in 1954

Lot Details

  • 1.33 Acre Lot
  • Lot Dimensions are 107.00 x 0.00

Home Design

  • 2,462 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Stone Foundation
  • Vinyl Siding

Parking

  • 8 Open Parking Spaces
  • 12 Parking Spaces
  • 4 Driveway Spaces
  • Parking Lot

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 36-00-05326-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,031

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1954
  • Automatically Close On Close Date: Yes
  • Remarks Public: Income Producing Duplex located on a GC-2 Commercial lot in Horsham. Two recently updated apartments and a rented garage. There is a double wide driveway along the entire length of the building which leads to a stone parking lot and rear level garage. Property currently has three income producing units. There is a large secluded flat level area in the rear of the property. Rear unit leased by long-term tenant and front unit occupied by owner and will eventually be vacated. GC-2 zoning allows for many uses including general contracting. Uses are listed in the document section of this listing. Please confirm with Horsham Township.
  • Special Features: None

Interior Features

  • Foundation Details: Stone
  • Total Sq Ft: 2462
  • Living Area Sq Ft: 2462
  • Price Per Sq Ft: 223.35
  • Above Grade Finished Sq Ft: 2462
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 136

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 12
  • Type Of Parking: Driveway, Parking Lot
  • Number of Spaces in Driveway: 4
  • Parking Lot Number Of Spaces: 8

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: HATBORO-HORSHAM
  • School District Key: 300200397248
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1132
  • Lot Size Acres: 1.33
  • Lot Dimensions: 107.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 57978.00
  • Year Assessed: 2022
  • Zoning: GC-2 COMMERICAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 698740
  • School Tax: 6872.00
  • Tax Annual Amount: 8031.00
  • Assessor Parcel Number: 36-00-05326-002
  • Tax Lot: 23
  • Tax Total Finished Sq Ft: 2462
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 07/21/2022

MLS Schools

  • School District Name: HATBORO-HORSHAM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2022
Sold by
Jewart Michael K
Bought by
Braccia Sebastiano and Braccia Vince
Current Estimated Value
$596,812

Purchase Details

Listed on
Apr 27, 2016
Closed on
Apr 13, 2017
Sold by
Estate Of Ferdinando Giovinazzo Sr and Giovinazzo Rocco
Bought by
Jewart Michael K and Jewart Judith G
Seller's Agent
RITA SPINOSA
Keller Williams Real Estate-Horsham
Buyer's Agent
Paul Sabia
RE/MAX Keystone
List Price
$395,000
Sold Price
$300,000
Premium/Discount to List
-$95,000
-24.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%
Original Mortgage
$225,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2000
Sold by
Giovinazzo Ferdinando N
Bought by
Giovinazzo Ferdinando N

Purchase Details

Closed on
Aug 29, 1997
Sold by
Brooks Charles E
Bought by
Giovinazzo Fred N
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
Braccia Sebastiano $515,000 --
Jewart Michael K $300,000 None Available
Giovinazzo Ferdinando N -- --
Giovinazzo Fred N $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jewart Michael K $225,000
Previous Owner Giovinazzo Ferdinando N $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2022 07/21/22 Sold $510,000 -7.3% $207 / Sq Ft
05/24/2022 05/24/22 For Sale $549,900 +83.3% $223 / Sq Ft
04/13/2017 04/13/17 Sold $300,000 -24.1% $122 / Sq Ft
03/13/2017 03/13/17 Pending -- -- --
04/27/2016 04/27/16 For Sale $395,000 -- $160 / 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 $8,720 $221,830 $96,700 $125,130
2023 $8,300 $221,830 $96,700 $125,130
2022 $8,031 $221,830 $96,700 $125,130
2021 $7,841 $221,830 $96,700 $125,130
2020 $7,656 $221,830 $96,700 $125,130
2019 $7,509 $221,830 $96,700 $125,130
2018 $6,389 $221,830 $96,700 $125,130
2017 $7,173 $221,830 $96,700 $125,130
2016 $7,086 $221,830 $96,700 $125,130
2015 $6,768 $221,830 $96,700 $125,130
2014 $6,768 $221,830 $96,700 $125,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2039838

Bright MLS

APN: 36-00-05326-002