NOT LISTED FOR SALE

261 N Spring Garden St Ambler, PA 19002

Estimated Value: $541,929 - $672,000

-- Bed
3 Baths
2,262 Sq Ft
$274/Sq Ft Est. Value

Last Sold August 12, 2013

Last sale price $295,000 $130 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $3,718/month

5 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Energy-Efficient Windows
  • Lower Gwynedd El School Rated A
  • Replacement Windows
  • Wall to Wall Carpet

About This Home

As of August 2013

Great Location! Low Maintenance! Off street parking for 6 vehicles. Long Term tenants (5-10 years)!Storage area (wine cellar as per previous owner) under 1st floor apartment rear deck. Separate laundry hook ups for each apartment in partial basement. Apt. #1 (A) is a garden apartment. Apt. #2 (B) is updated with dishwasher and garbage disposal. Apt #2 Suitable for prospective buyer to live in and collect the rents from the other 2 apartments. All units have separate water meters/water heaters. Owner is a licensed Pennsylvania Real Estate Agent.

Last Agent to Sell the Property

DONALD OLSON

dolson13@aol.com Long & Foster Real Estate, Inc. License #TREND:60045673 Listed on: 07/08/2013

Last Buyer's Agent

Vincent Bevivino

(267) 992-5222 vincebev@gmail.com Vince Bevivino Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,752

Year Built

  • Built in 1973

Lot Details

  • 8,250 Sq Ft Lot
  • Property is in good condition

Home Design

  • Triplex
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,262 Sq Ft Home
  • Replacement Windows
  • Wall to Wall Carpet
  • Partial Basement
  • Storage In Attic
  • Washer and Dryer Hookup

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Private Parking
  • Driveway
  • Parking Lot

Eco-Friendly Details

  • Energy-Efficient Windows

Schools

  • Lower Gwynedd Elementary School
  • Wissahickon Middle School
  • Wissahickon Senior High School

Utilities

  • Heating System Uses Oil
  • Baseboard Heating
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 011
  • Assessor Parcel Number 01-00-05101-001

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $1,089
  • Maintenance Expense $1,000
  • Other Expense $500
  • Operating Expense $10,709

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,752

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 500.00
  • Storage: Basement, Attic
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted
  • Window Features: Energy Efficient, Replacement
  • Fireplace: No
  • Entry Location: Private
  • Foundation Details: Concrete Perimeter
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Hookup
  • Total Sq Ft: 2262
  • Living Area Sq Ft: 2262
  • Price Per Sq Ft: 132.18
  • Above Grade Finished Sq Ft: 2262
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Roof: 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: 5
  • Parking Features: Private
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Parking Lot

Utilities

  • Annual Heating Expense: 4368.00
  • Central Air Conditioning: No
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Oil, 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

  • Elementary School: LOWER GWYNEDD
  • High School: WISSAHICKON SENIOR
  • Middle Or Junior School: WISSAHICKON

Lot Info

  • Lot Size Acres: 0.19
  • Lot Dimensions: 50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8250.00
  • Property Condition: Good
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 35100.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 592435
  • Tax Annual Amount: 3752.00
  • Assessor Parcel Number: 01-00-05101-001
  • Tax Lot: 011
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2017
Sold by
Varano Antonio and Varano Daniele G
Bought by
Varano Antonio and Varano Daniele G
Current Estimated Value
$619,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$167,502
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$451,730

Purchase Details

Listed on
Jul 8, 2013
Closed on
Aug 12, 2013
Sold by
261 N Spring Garden Llc
Bought by
Varano Antonio and Varano Daniele G
Seller's Agent
DONALD OLSON
Long & Foster Real Estate, Inc.
Buyer's Agent
Vincent Bevivino
Vince Bevivino Real Estate, LLC
List Price
$299,000
Sold Price
$295,000
Premium/Discount to List
-$4,000
-1.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%
Original Mortgage
$206,500
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2004
Sold by
6 Bits Inc
Bought by
261 N Spring Garden Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Varano Antonio -- --
Varano Antonio $295,000 Stewart Title Guaranty Co
261 N Spring Garden Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varano Antonio $200,000
Closed Varano Antonio $206,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2013 08/12/13 Sold $295,000 -1.3% $130 / Sq Ft
07/13/2013 07/13/13 Pending -- -- --
07/08/2013 07/08/13 For Sale $299,000 -- $132 / 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 $5,522 $148,500 -- --
2024 $5,522 $148,500 -- --
2023 $5,188 $148,500 $0 $0
2022 $5,033 $148,500 $0 $0
2021 $4,901 $148,500 $0 $0
2020 $4,722 $148,500 $0 $0
2019 $2,038 $148,500 $0 $0
2018 $1,665 $148,500 $0 $0
2017 $4,455 $148,500 $0 $0
2016 $4,397 $148,500 $0 $0
2015 $3,753 $134,700 $32,670 $102,030
2014 $3,753 $134,700 $32,670 $102,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003510854

Bright MLS

APN: 01-00-05101-001