NOT LISTED FOR SALE

402 E Chestnut St Souderton, PA 18964

Estimated Value: $362,000 - $391,000

2 Beds
1 Bath
1,259 Sq Ft
$301/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $327,400 $260 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,470/month

Highlights

  • 0.43 Acre Lot
  • Cape Cod Architecture
  • 1 Car Detached Garage
  • Indian Crest Middle School Rated A-
  • No HOA
  • Central Air

About This Home

As of June 2022

Here’s your chance to own a charming, solid brick cape nicely situated on a corner lot with nearly half an acre in the Souderton Borough. Features include a detached one car garage with a breezeway connecting to main house, a spacious rear lawn with a patio perfect for entertaining, play, gardening, and relaxing underneath a huge oak shade tree! This home will welcome you in as soon as you walk through the front door into the living room, where you’ll be able to watch the sunsets through the west-facing picture window. It features hardwood floors throughout, a bright, open kitchen with adjoining dining area and a sliding door to the back yard, a ceramic tile bathroom, and two bedrooms all on the main floor. There’s loads of potential upstairs with a large unfinished second floor with lots of character. It’s ready to be finished for additional living space such as a master bedroom or home office or as its current use, storage. The full-height basement includes space for a rec room, bar, or play space, as well as additional storage, laundry, and a wash sink. There’s ample space to add a powder room as well. The property features mature trees and landscaping, while the
location is convenient to the up-and-coming Souderton downtown scene. Theaters, art galleries, restaurants, bars/microbreweries, a coffee shop, a bakery, shopping, and schools - all within walking distance! And only minutes away from major roads. Claim your little piece of Souderton today!

Last Agent to Sell the Property

Matthew Clemens

(267) 240-0140 mattclemens@remax.net RE/MAX Reliance License #rs345380 Listed on: 05/23/2022

RE/MAX Reliance

Last Buyer's Agent

Brian Quigley

(215) 266-4321 bquig1@kw.com Silver Leaf Partners Inc License #RM425990

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,032

Year Built

  • Built in 1951

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 125.00 x 0.00
  • Property is zoned R2

Parking

  • 1 Car Detached Garage
  • 1 Driveway Space
  • Front Facing Garage
  • Side Facing Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 1,259 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Schools

  • Indian Crest Middle School
  • Souderton Area Senior High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Back Up Oil Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 21-00-01916-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,032

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-05-23
  • Year Built: 1951
  • Automatically Close On Close Date: No
  • Remarks Public: Here’s your chance to own a charming, solid brick cape nicely situated on a corner lot with nearly half an acre in the Souderton Borough. Features include a detached one car garage with a breezeway connecting to main house, a spacious rear lawn with a patio perfect for entertaining, play, gardening, and relaxing underneath a huge oak shade tree! This home will welcome you in as soon as you walk through the front door into the living room, where you’ll be able to watch the sunsets through the west-facing picture window. It features hardwood floors throughout, a bright, open kitchen with adjoining dining area and a sliding door to the back yard, a ceramic tile bathroom, and two bedrooms all on the main floor. There’s loads of potential upstairs with a large unfinished second floor with lots of character. It’s ready to be finished for additional living space such as a master bedroom or home office or as its current use, storage. The full-height basement includes space for a rec room, bar, or play space, as well as additional storage, laundry, and a wash sink. There’s ample space to add a powder room as well. The property features mature trees and landscaping, while the location is convenient to the up-and-coming Souderton downtown scene. Theaters, art galleries, restaurants, bars/microbreweries, a coffee shop, a bakery, shopping, and schools - all within walking distance! And only minutes away from major roads. Claim your little piece of Souderton today!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Partially Finished, Sump Pump
  • Total Sq Ft: 1259
  • Living Area Sq Ft: 1259
  • Price Per Sq Ft: 266.00
  • Above Grade Finished Sq Ft: 1259
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 402

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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: 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: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage - Side Entry, Garage Door Opener
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Detached Garage, Off Street, On Street
  • Number of Spaces in Driveway: 1
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil, Electric
  • Heating Type: Heat Pump - Oil Backup
  • 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: SOUDERTON AREA
  • Middle School: INDIAN CREST
  • High School: SOUDERTON AREA SENIOR
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397037
  • School District Source: Listing Agent
  • High School: SOUDERTON AREA SENIOR
  • Middle Or Junior School: INDIAN CREST

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 0.43
  • Lot Dimensions: 125.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18900.00
  • Year Assessed: 2022
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 638504
  • School Tax: 3774.00
  • Tax Annual Amount: 5032.00
  • Assessor Parcel Number: 21-00-01916-007
  • Tax Lot: 5
  • Tax Total Finished Sq Ft: 1259
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/27/2022

MLS Schools

  • School District Name: SOUDERTON AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Jun 17, 2022
Sold by
High Kevin S
Bought by
Rech Clare A
Seller's Agent
Matthew Clemens
RE/MAX Reliance
Buyer's Agent
Brian Quigley
Silver Leaf Partners Inc
List Price
$334,900
Sold Price
$327,400
Premium/Discount to List
-$7,500
-2.24%
Current Estimated Value
$379,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,950
Avg. Annual Appreciation
4.62%
Original Mortgage
$288,000
Outstanding Balance
$274,375
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$104,975

Purchase Details

Closed on
Aug 21, 2001
Sold by
Koons Edna R
Bought by
High Kevin S and High Kerry
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
Rech Clare A $327,400 None Listed On Document
High Kevin S $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rech Clare A $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2022 06/27/22 Sold $327,400 -2.2% $260 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/23/2022 05/23/22 For Sale $334,900 -- $266 / 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 $5,502 $121,850 $57,800 $64,050
2024 $5,502 $121,850 $57,800 $64,050
2023 $5,175 $121,850 $57,800 $64,050
2022 $5,032 $121,850 $57,800 $64,050
2021 $4,910 $121,850 $57,800 $64,050
2020 $4,835 $121,850 $57,800 $64,050
2019 $4,783 $121,850 $57,800 $64,050
2018 $1,150 $121,850 $57,800 $64,050
2017 $4,647 $121,850 $57,800 $64,050
2016 $4,599 $121,850 $57,800 $64,050
2015 $4,517 $121,850 $57,800 $64,050
2014 $4,517 $121,850 $57,800 $64,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2039072

Bright MLS

APN: 21-00-01916-007