NOT LISTED FOR SALE

1478 Independence Way Hatfield, PA 19440

Estimated Value: $596,379 - $610,000

4 Beds
2.5 Baths
2,616 Sq Ft
$231/Sq Ft Est. Value

Last Sold October 22, 2015

Last sale price $328,000 $125 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,742/month

Highlights

  • Colonial Architecture
  • Corner Lot
  • 2 Car Direct Access Garage
  • A. M. Kulp Elementary School Rated A-
  • No HOA
  • Eat-In Kitchen

About This Home

As of October 2015

Motivated original owners offer IMMEDIATE POSSESSION. Newer HVAC - 2011. Home is priced very low for this development. Beautiful 4-bedroom colonial sits on prime double-corner lot with mature shade trees and beautiful, established landscaping. A fabulous Japanese Maple greets you at the front porch. The main level has a formal living room, family room, and formal dining room. Beautiful updated light fixtures throughout. The recently upgraded spacious Eat-in-Kitchen has neutral tile floors, tile backsplash, beautiful "Tiger Granite" countertops, and an extra deep stainless under-mount sink. The kitchen's dining area has a bow window that overlooks the back yard garden. The family room has an energy-efficient wood-burning fireplace insert and glass slider that leads to the shaded back patio. The laundry room has a wash tub sink, lots of cabinet storage, and a window that lets in lots of sunshine. Upstairs, the large master bedroom has a deep walk-in closet, it's own full bathroom, and a linen closet with lots of storage. The remaining 3 bedrooms are all good-sized and have large closets. The basement is finished with drywall and carpet. There is storage under the staircase and all the utilities are behind doors. One of the bays of the 2-car garage is currently divided into office and storage areas - it would be very easy to convert it back for a car. Huge driveway and tons of street parking! Why are the owners moving? To follow their grandchildren who have moved out of state! This home is close to all the dining and shopping along the Hatfield/Lansdale/Montgomeryville corridor of Route 309 - Walmart, Montgomery and Airport Square Malls; Costco and BJ's; Red Lobster, Olive Garden, and Outback Steakhouse; Best Buy, the English Village Outlets, and Giant, Trader Joe's, Whole Foods, and Wegman's grocery stores. We have an offer but buyer must sell their own house first. Make a backup offer!

Last Agent to Sell the Property

LIZ SWANSON

(215) 855-1165 lizswansonhomes@hotmail.com BHHS Keystone Properties License #TREND:60053576 Listed on: 08/13/2015

BHHS Keystone Properties

Last Buyer's Agent

Amit Patel

amitclosing@gmail.com Equity Pennsylvania Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,200

Year Built

  • Built in 1986

Lot Details

  • 0.39 Acre Lot
  • Corner Lot
  • Level Lot
  • Open Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned RA2

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,616 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Drainage System

Outdoor Features

  • Patio
  • Shed

Schools

  • North Penn Senior High School

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Lexington Farms Subdivision

Listing and Financial Details

  • Tax Lot 072
  • Assessor Parcel Number 35-00-04832-803

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,200

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Fridge,Range,Dshwshr,W/D,Port Dehumidifier In Bsmt, Shed-As Is.
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1986
  • Remarks Public: Motivated original owners offer IMMEDIATE POSSESSION. Newer HVAC - 2011. Home is priced very low for this development. Beautiful 4-bedroom colonial sits on prime double-corner lot with mature shade trees and beautiful, established landscaping. A fabulous Japanese Maple greets you at the front porch. The main level has a formal living room, family room, and formal dining room. Beautiful updated light fixtures throughout. The recently upgraded spacious Eat-in-Kitchen has neutral tile floors, tile backsplash, beautiful "Tiger Granite" countertops, and an extra deep stainless under-mount sink. The kitchen's dining area has a bow window that overlooks the back yard garden. The family room has an energy-efficient wood-burning fireplace insert and glass slider that leads to the shaded back patio. The laundry room has a wash tub sink, lots of cabinet storage, and a window that lets in lots of sunshine. Upstairs, the large master bedroom has a deep walk-in closet, it's own full bathroom, and a linen closet with lots of storage. The remaining 3 bedrooms are all good-sized and have large closets. The basement is finished with drywall and carpet. There is storage under the staircase and all the utilities are behind doors. One of the bays of the 2-car garage is currently divided into office and storage areas - it would be very easy to convert it back for a car. Huge driveway and tons of street parking! Why are the owners moving? To follow their grandchildren who have moved out of state! This home is close to all the dining and shopping along the Hatfield/Lansdale/Montgomeryville corridor of Route 309 - Walmart, Montgomery and Airport Square Malls; Costco and BJ's; Red Lobster, Olive Garden, and Outback Steakhouse; Best Buy, the English Village Outlets, and Giant, Trader Joe's, Whole Foods, and Wegman's grocery stores. We have an offer but buyer must sell their own house first. Make a backup offer!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal
  • Flooring Type: Fully Carpeted, Vinyl, Tile/Brick
  • Interior Amenities: Primary Bath(s), Ceiling Fan(s), Stall Shower, Kitchen - Eat-In
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full, Drainage System, Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2616
  • Living Area Sq Ft: 2616
  • Net Sq Ft: 2616.00
  • Price Per Sq Ft: 126.15
  • Above Grade Finished Sq Ft: 2616
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1478

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • 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 Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Parking Features: Street
  • Garage Features: Inside Access, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: On Street, Driveway, Attached Garage

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: NORTH PENN
  • High School: NORTH PENN SENIOR
  • School District Key: 300200397039
  • High School: NORTH PENN SENIOR

Lot Info

  • Land Use Code: 1101
  • Lot Features: Corner, Level, Open, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.39
  • Lot Dimensions: 178
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16858.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: RA2

Green Features

  • Green Remarks: Energy Star HomeCert

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 690821
  • Tax Annual Amount: 5200.00
  • Assessor Parcel Number: 35-00-04832-803
  • Tax Lot: 072
  • Tax Year: 2015
  • Close Date: 10/22/2015

MLS Schools

  • School District Name: NORTH PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2015
Closed on
Oct 22, 2015
Sold by
Muttathil Varghese and Muttathil Deenamma
Bought by
Patel Mitul Y and Patel Kinjal M
Seller's Agent
LIZ SWANSON
BHHS Keystone Properties
Buyer's Agent
Amit Patel
Equity Pennsylvania Real Estate
List Price
$340,000
Sold Price
$328,000
Premium/Discount to List
-$12,000
-3.53%
Current Estimated Value
$603,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,595
Avg. Annual Appreciation
6.30%
Original Mortgage
$311,600
Outstanding Balance
$245,164
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$358,431

Purchase Details

Closed on
Oct 19, 2005
Sold by
Muttathil George
Bought by
Muttathil Varghese and Muttathil Deenamma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.85%

Purchase Details

Closed on
Nov 15, 1997
Sold by
Muttathil Varghese and Muttathil Deenamma
Bought by
Muttathil Varghese and Muttathil Deenamma
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
Patel Mitul Y $328,000 First American Title Inc Com
Muttathil Varghese -- None Available
Muttathil Varghese -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Mitul Y $311,600
Previous Owner Muttathil Varghese $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2015 10/22/15 Sold $328,000 -0.6% $125 / Sq Ft
09/16/2015 09/16/15 Pending -- -- --
09/11/2015 09/11/15 Price Changed $330,000 -2.9% $126 / Sq Ft
08/13/2015 08/13/15 For Sale $340,000 -- $130 / 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 $6,507 $162,520 $46,080 $116,440
2024 $6,507 $162,520 $46,080 $116,440
2023 $6,228 $162,520 $46,080 $116,440
2022 $6,025 $162,520 $46,080 $116,440
2021 $5,854 $162,520 $46,080 $116,440
2020 $5,715 $162,520 $46,080 $116,440
2019 $3,807 $162,520 $46,080 $116,440
2018 $5,620 $162,520 $46,080 $116,440
2017 $5,405 $162,520 $46,080 $116,440
2016 $5,342 $162,520 $46,080 $116,440
2015 $5,250 $162,520 $46,080 $116,440
2014 $5,129 $162,520 $46,080 $116,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002678350

Bright MLS

APN: 35-00-04832-803