NOT LISTED FOR SALE

318 E Summit Ave Telford, PA 18969

Estimated Value: $348,479 - $446,000

3 Beds
1 Bath
1,762 Sq Ft
$226/Sq Ft Est. Value

Last Sold December 10, 2019

Last sale price $255,000 $145 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,356/month

2 Days on Market

Highlights

  • Open Floorplan
  • Partially Wooded Lot
  • No HOA
  • Cape Cod Architecture
  • Wood Flooring
  • Level Entry For Accessibility

About This Home

As of December 2019

Are you frustrated with the inventory? Are you looking for a great single home at a great price? Look no further! This charming 3 bedroom Cape Cod is your savior! Immediately when you enter the front door you will notice the hardwood flooring and open layout from dining room to kitchen. The dining room offers a great area to entertain your guests which flows nicely into the cottage style kitchen featuring new flooring and countertops. Make your way to the large and super cozy living room with new carpet and gas burning stove. You will notice the vaulted ceilings that continue through the hall into the master bedroom which also has new carpeting and plenty of closet space! The bathroom is nicely updated with new vanity and floors as well as conveniently located in the center of the house. The second floor offers two additional bedrooms with hardwood flooring and bonus area currently used as office space. This home is great for those looking for one floor living. Property sits on a half acre wooded and level lot. Not only is this a fantastic value home but also notice the low taxes! Won t last, Act Now!

Last Agent to Sell the Property

Stephen Ammon

(215) 256-0427 steve@steveammon.com Iron Valley Real Estate Doylestown License #RM424533 Listed on: 10/04/2019

Iron Valley Real Estate Doylestown

Last Buyer's Agent

Gina Dorazio

(267) 210-1052 gina@dsteam.com Keller Williams Real Estate-Blue Bell License #RS349012

Keller Williams Real Estate-Blue Bell

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,100

Year Built

  • Built in 1952

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 75.00 x 286.00
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Back Yard
  • Property is in good condition
  • Property is zoned RR

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,762 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Full Bathroom

Parking

  • Driveway
  • Off-Street Parking

Accessible Home Design

  • Level Entry For Accessibility

Schools

  • Pennridge High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Baseboard Heater
  • 150 Amp Service
  • Propane
  • Electric Water Heater
  • Public Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 019
  • Assessor Parcel Number 15-002-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,100

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2019-10-04
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Carpet, Vinyl
  • Interior Amenities: Floor Plan - Open
  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 1762
  • Living Area Sq Ft: 1762
  • Price Per Sq Ft: 141.88
  • Above Grade Finished Sq Ft: 1762
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • 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
  • Roof: Asphalt
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 150 Amps
  • Heating Fuel: Oil
  • Heating Type: Forced Air, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Utilities: Propane
  • Water Source: Private

Condo/Co-op/Association

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

Schools

  • High School Source: 3rd Party
  • School District Source: 3rd Party
  • High School: PENNRIDGE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 15600.00
  • Land Assessed Value: 2800.00
  • Lot Features: Backs To Trees, Cleared, Level, Partly Wooded, Rear Yard
  • Lot Size Acres: 0.49
  • Lot Dimensions: 75.00 x 286.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21450.00
  • Property Condition: Good
  • Zoning: RR

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 75900
  • School Tax: 2489.00
  • Tax Annual Amount: 3100.00
  • Assessor Parcel Number: 15-002-019
  • Tax Lot: 019
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: PENNRIDGE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2019
Closed on
Dec 10, 2019
Sold by
Smith Brent M and Smith Rachel M
Bought by
Chen Paul and Hedrick Christine
Seller's Agent
Stephen Ammon
Iron Valley Real Estate Doylestown
Buyer's Agent
Gina Dorazio
Keller Williams Real Estate-Blue Bell
List Price
$250,000
Sold Price
$255,000
Premium/Discount to List
$5,000
2%
Current Estimated Value
$397,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,870
Avg. Annual Appreciation
7.67%
Original Mortgage
$250,381
Outstanding Balance
$220,311
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$177,559

Purchase Details

Closed on
Jul 18, 2008
Sold by
Stevens Daniel A and Mignogna Carey A
Bought by
Smith Brent M and Smith Rachel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,450
Interest Rate
6.35%
Mortgage Type
FHA
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
Chen Paul $255,000 Greater Montgomery Setmnt Sv
Smith Brent M $229,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Paul $250,381
Previous Owner Smith Brent M $225,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2019 12/10/19 Sold $255,000 +2.0% $145 / Sq Ft
10/07/2019 10/07/19 Pending -- -- --
10/04/2019 10/04/19 For Sale $250,000 -- $142 / 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 $3,155 $18,400 $2,800 $15,600
2024 $3,155 $18,400 $2,800 $15,600
2023 $3,118 $18,400 $2,800 $15,600
2022 $3,118 $18,400 $2,800 $15,600
2021 $3,118 $18,400 $2,800 $15,600
2020 $3,118 $18,400 $2,800 $15,600
2019 $3,100 $18,400 $2,800 $15,600
2018 $3,100 $18,400 $2,800 $15,600
2017 $3,077 $18,400 $2,800 $15,600
2016 $3,077 $18,400 $2,800 $15,600
2015 -- $18,400 $2,800 $15,600
2014 -- $18,400 $2,800 $15,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU481036

Bright MLS

APN: 15-002-019