Seller's Agent in 2014
Ted Miller
BHHS Keystone Properties
(215) 290-6106
173 Total Sales
373 E Butler Ave Ambler, PA 19002
Estimated Value: $1,948,397
--
Bed
4
Baths
--
Sq Ft
0.27
Acres
Highlights
- No HOA
- Summer or Winter Changeover Switch For Hot Water
- Heating System Uses Gas
- Lower Gwynedd El School Rated A
About This Home
As of August 2014This is actually 10 Units. not 9 as shown above. #10 unit is $1025 month [ lease expires 12/31/18 ] Location, Location, Location...Amazing apartment/commercial building in popular Ambler Borough, located right off the intersection of Bethlehem Pike & Butler Avenue. Great exposure & easy access to Ft. Washington & Philadelphia. A total of ten (10) units for rent. Eight(8) apartments and Two(2) commercial spaces. Very popular Hair salon & long time Nationwide insurance agency on the 1st floor front. This property has been well maintained over the years. The building has parking in the back and the owner has updated several units in the past few years. All units are currently rented and there is additional potential rental income from the 9 storage lockers just added in the basement. The property generated over $121,000 in gross income and expenses of only $29,000 last year. Properties like this do not come up for sale often..! Don't miss your chance to be part of the revitalization of Ambler, PA
Last Agent to Sell the Property
(215) 290-6106 tedm@bhhskeystone.com BHHS Keystone Properties Listed on: 04/25/2014
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,061
Year Built
- Built in 1947
Lot Details
- 0.27
Parking
- 5 Open Parking Spaces
Home Design
- Concrete Perimeter Foundation
Schools
- Wissahickon Senior High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Gas
- Summer or Winter Changeover Switch For Hot Water
Additional Features
- Laundry in unit
- Basement Fills Entire Space Under The House
- 0.27 Acre Lot
Listing and Financial Details
- Tax Lot 017
- Assessor Parcel Number 01-00-00712-007
Community Details
Overview
- No Home Owners Association
Building Details
- Electric Expense $710
- Insurance Expense $6,063
- Maintenance Expense $1,583
- Other Expense $775
- Operating Expense $29,113
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 31, 2018
Sold by
Simomo Properties Llc
Bought by
Anonymous Properties Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Outstanding Balance
$854,696
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$1,093,701
Purchase Details
Listed on
Apr 25, 2014
Closed on
Aug 1, 2014
Sold by
Recharge The Mitzvah Properties Llc
Bought by
Simomo Properties Llc
Seller's Agent
Ted Miller
BHHS Keystone Properties
Buyer's Agent
Gary Segal
Keller Williams Real Estate-Doylestown
List Price
$1,250,000
Sold Price
$1,050,000
Premium/Discount to List
-$200,000
-16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
Original Mortgage
$787,500
Interest Rate
4.18%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Dec 28, 2011
Sold by
Catanzaro Robert L and Catanzaro Monica A
Bought by
Recharge The Mitzvah Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Interest Rate
4%
Mortgage Type
Commercial
Purchase Details
Closed on
May 8, 1998
Sold by
Catanzaro Elizabeth J
Bought by
Catanzaro Robert L and Catanzaro Monica A
Purchase Details
Closed on
Apr 14, 1994
Sold by
Catanzaro Edmund and Catanzaro Frank J
Bought by
Catanzaro Edmond and Catanzaro Elizabeth J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Anonymous Properties Llc | $1,225,000 | None Available | |
| Simomo Properties Llc | $1,050,000 | None Available | |
| Recharge The Mitzvah Properties Llc | $625,000 | None Available | |
| Catanzaro Robert L | $340,000 | -- | |
| Catanzaro Edmond | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Anonymous Properties Llc | $980,000 | |
| Previous Owner | Simomo Properties Llc | $787,500 | |
| Previous Owner | Recharge The Mitzvah Properties Llc | $468,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/01/2014 08/01/14 | Sold | $1,050,000 | -16.0% | -- |
| 05/20/2014 05/20/14 | Pending | -- | -- | -- |
| 04/25/2014 04/25/14 | For Sale | $1,250,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $14,764 | $397,050 | $123,280 | $273,770 |
| 2024 | $14,764 | $397,050 | $123,280 | $273,770 |
| 2023 | $13,872 | $397,050 | $123,280 | $273,770 |
| 2022 | $13,457 | $397,050 | $123,280 | $273,770 |
| 2021 | $13,103 | $397,050 | $123,280 | $273,770 |
| 2020 | $12,626 | $397,050 | $123,280 | $273,770 |
| 2019 | $12,399 | $397,050 | $123,280 | $273,770 |
| 2018 | $4,450 | $397,050 | $123,280 | $273,770 |
| 2017 | $11,911 | $397,050 | $123,280 | $273,770 |
| 2016 | $11,756 | $397,050 | $123,280 | $273,770 |
| 2015 | $11,064 | $397,050 | $123,280 | $273,770 |
| 2014 | $11,064 | $397,050 | $123,280 | $273,770 |
Source: Public Records
Agents Affiliated with this Home
-
Ted Miller
-
Gary Segal
Buyer's Agent in 2014
Gary Segal
Keller Williams Real Estate-Doylestown
(215) 646-1600
3 Total Sales
Map
Source: Bright MLS
MLS Number: 1002904536
APN: 01-00-00712-007
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