NOT LISTED FOR SALE

Estimated Value: $399,000 - $477,325

3 Beds
1.5 Baths
1,414 Sq Ft
$302/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $305,000 $216 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,936/month

195 Days on Market

Highlights

  • Cape Cod Architecture
  • Traditional Floor Plan
  • 1 Fireplace
  • Pine Road Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of November 2021

This property in Lower Moreland Township was originally designed as a single family cape cod residential dwellings of brick construction with 3 bedrooms and 1.5 baths and a 2 car attached garage. Over the years, as the area became more commercial this strip of land along busy Philmont Avenue became the Mixed Use Revitalization Zoning District (MU-REV) and the property was converted to a small commercial office use property that has been continuously operating since the mid-2000's . As part of the transformation from residential to commercial, the kitchen was reduced to an area with a countertop, cabinets and a sink, (no appliances) and the baths were transformed to 2 half baths. The property was actively being used as a commercial use until recently. Purchaser is responsible for meeting all municipal requirements and approvals regarding zoning and future use, occupancy and parking requirements. Interior has been adequately maintained and has hardwood floors in most rooms and a partially finished basement which could serve for a storage area plus there is an oversized two car side entry garage that offers additional potential. This property is eligible under the First Look Initiative which expires after 20 full days on market. No investor offers until first look period expires. No offers regardless of buyer type will not be negotiated within the first 7 days of listing. This is a prime location along a road with great exposure for commercial use but the property sits back away from the street that provides some distance for a possible residential purchaser. Schedule your showing today!!

Last Agent to Sell the Property

Jim Marks

Springer Realty Group License #AB068681 Listed on: 03/18/2021

Springer Realty Group

Last Buyer's Agent

Robyn Motyl

RE/MAX Centre Realtors License #RS353748

RE/MAX Centre Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,775

Year Built

  • Built in 1945

Lot Details

  • 0.72 Acre Lot
  • Lot Dimensions are 145.00 x 0.00
  • Back, Front, and Side Yard
  • Property is in average condition
  • Property is zoned MIXED USE

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Plaster Walls
  • Architectural Shingle Roof
  • Masonry

Interior Spaces

  • 1,414 Sq Ft Home
  • Property has 1.5 Levels
  • Traditional Floor Plan
  • 1 Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access

Location

  • Flood Zone Lot
  • Flood Risk

Utilities

  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 047
  • Assessor Parcel Number 41-00-06961-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,775

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1945
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: This property in Lower Moreland Township was originally designed as a single family cape cod residential dwellings of brick construction with 3 bedrooms and 1.5 baths and a 2 car attached garage. Over the years, as the area became more commercial this strip of land along busy Philmont Avenue became the Mixed Use Revitalization Zoning District (MU-REV) and the property was converted to a small commercial office use property that has been continuously operating since the mid-2000's . As part of the transformation from residential to commercial, the kitchen was reduced to an area with a countertop, cabinets and a sink, (no appliances) and the baths were transformed to 2 half baths. The property was actively being used as a commercial use until recently. Purchaser is responsible for meeting all municipal requirements and approvals regarding zoning and future use, occupancy and parking requirements. Interior has been adequately maintained and has hardwood floors in most rooms and a partially finished basement which could serve for a storage area plus there is an oversized two car side entry garage that offers additional potential. This property is eligible under the First Look Initiative which expires after 20 full days on market. No investor offers until first look period expires. No offers regardless of buyer type will not be negotiated within the first 7 days of listing. This is a prime location along a road with great exposure for commercial use but the property sits back away from the street that provides some distance for a possible residential purchaser. Schedule your showing today!!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Interior Amenities: Floor Plan - Traditional
  • Fireplaces Count: 1
  • Wall Ceiling Types: Plaster Walls
  • Levels Count: 1.5
  • Basement: Yes
  • Basement Type: Full, Walkout Stairs, Partially Finished
  • Total Sq Ft: 1414
  • Living Area Sq Ft: 1414
  • Price Per Sq Ft: 212.09
  • Above Grade Finished Sq Ft: 1414
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2615

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry, Brick
  • Roof: Architectural 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
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • 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: LOWER MORELAND TOWNSHIP
  • School District Key: 300200396852
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1101
  • Lot Features: Flood Plain, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.72
  • Lot Dimensions: 145.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 31500.00
  • Property Condition: Average
  • Year Assessed: 2021
  • Zoning: MIXED USE

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 740852
  • School Tax: 5499.00
  • Tax Annual Amount: 6775.00
  • Assessor Parcel Number: 41-00-06961-009
  • Tax Lot: 047
  • Tax Total Finished Sq Ft: 1414
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 11/19/2021

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: LOWER MORELAND TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
Oct 7, 2021
Sold by
Pretium Mortgage Acquisition Trust
Bought by
Tay Mark
Seller's Agent
Jim Marks
Springer Realty Group
Buyer's Agent
Robyn Motyl
RE/MAX Centre Realtors
List Price
$339,900
Sold Price
$305,000
Premium/Discount to List
-$34,900
-10.27%
Total Days on Market
195
Current Estimated Value
$426,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,581
Avg. Annual Appreciation
8.48%
Original Mortgage
$228,750
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2005
Sold by
Not Provided
Bought by
Not Provided
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
Tay Mark $305,000 New Title Company Name
Not Provided $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tay Mark $228,750
Previous Owner Sych Svetlana $194,500
Closed Not Provided $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $305,000 +1.7% $216 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/02/2021 09/02/21 Price Changed $299,900 -6.3% $212 / Sq Ft
07/14/2021 07/14/21 Price Changed $319,900 -3.0% $226 / Sq Ft
06/09/2021 06/09/21 Price Changed $329,900 -2.9% $233 / Sq Ft
03/18/2021 03/18/21 For Sale $339,900 -- $240 / 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 $7,349 $145,560 $98,560 $47,000
2024 $7,349 $145,560 $98,560 $47,000
2023 $7,024 $145,560 $98,560 $47,000
2022 $6,817 $145,560 $98,560 $47,000
2021 $6,677 $145,560 $98,560 $47,000
2020 $6,479 $145,560 $98,560 $47,000
2019 $6,382 $145,560 $98,560 $47,000
2018 $1,459 $145,560 $98,560 $47,000
2017 $6,019 $145,560 $98,560 $47,000
2016 $5,962 $145,560 $98,560 $47,000
2015 $5,601 $145,560 $98,560 $47,000
2014 $5,601 $145,560 $98,560 $47,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC686126

Bright MLS

APN: 41-00-06961-009