NOT LISTED FOR SALE

435 Summit Ave Horsham, PA 19044

Estimated Value: $383,965 - $436,000

Studio
2 Baths
1,439 Sq Ft
$287/Sq Ft Est. Value

Last Sold January 17, 2025

Last sale price $413,250 $287 Per Sq Ft

Current estimated payment $2,543/month

10 Days on Market

Highlights

  • 1 Fireplace
  • Parking Storage or Cabinetry
  • Asbestos
  • 5 Car Detached Garage
  • Hot Water Heating System

About This Home

As of January 2025

This incredible investment opportunity is located in the highly desirable Hatboro Horsham School District sits on a sprawling 12,000 square- foot lot. Featuring two, 2 bedroom, one full bath units and an oversized 3 car garage with separate electric, ideal for generating additional rental income or owner user. Current owner pays water bill, each residential unit has separate utilities (gas, heat, HW, electric) ideal for making it an excellent choice for investors or owner-occupants. First Floor Unit: Occupied by a long-term tenant on a month-to-month lease at $1,300/month has inside basement access for storage and laundry. Second Floor Unit: Recently leased at $1,400/month, has outside rear basement access for laundry and storage.

Last Agent to Sell the Property

Joseph Fasy

(215) 745-8500 fasy.joe@gmail.com Joseph F X Fasy Realtors License #AB069053 Listed on: 11/27/2024

Last Buyer's Agent

Jeffrey Bryant

(484) 498-4000 jwbryant@jwbryant.com Springer Realty Group

Springer Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,247

Year Built

  • Built in 1940

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 80.00 x 0.00

Parking

  • 5 Car Detached Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Driveway

Home Design

  • Duplex
  • Converted Dwelling
  • Block Foundation
  • Asbestos

Interior Spaces

  • 1,439 Sq Ft Home
  • 1 Fireplace

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 020
  • Assessor Parcel Number 36-00-10960-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,247

Year Built

Built in 1940

Lot Details

0.28 Acres

Parking

5

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Total Sq Ft: 1439
  • Living Area Sq Ft: 1439
  • Price Per Sq Ft: 277.28
  • Above Grade Finished Sq Ft: 1439
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Asbestos
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 5.00
  • Garage: Yes
  • Parking Features: Private
  • Garage Features: Covered Parking, Additional Storage Area, Oversized, Garage Door Opener
  • Number Of Detached Garage Spaces: 5
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.28
  • Lot Dimensions: 80.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12000.00
  • Zoning: DUPLEX

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 4345.00
  • Tax Annual Amount: 5247.00
  • Assessor Parcel Number: 36-00-10960-002
  • Tax Lot: 020
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: HATBORO-HORSHAM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2024
Closed on
Jan 2, 2025
Sold by
Bohrer Elizabeth A
Bought by
Morrison Isaac and Morrison Sabrina
Seller's Agent
Joseph Fasy
Joseph F X Fasy Realtors
Buyer's Agent
Jeffrey Bryant
Springer Realty Group
List Price
$399,000
Sold Price
$413,250
Premium/Discount to List
$14,250
3.57%
Views
38
Current Estimated Value
$412,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$759
Avg. Annual Appreciation
-0.17%
Original Mortgage
$392,588
Outstanding Balance
$389,749
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$22,742

Purchase Details

Closed on
Dec 2, 2011
Sold by
Kurowsk Linda L and Kurowski Linda L
Bought by
Bohrer Joseph F and Bohrer Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.01%

Purchase Details

Closed on
Jan 31, 2001
Sold by
Hallston T William and Conner Hallston Taramae
Bought by
Kurowski John S and Kurowski Linda L
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
Morrison Isaac $413,250 Golden Dome Abstract
Bohrer Joseph F $240,000 None Available
Kurowski John S $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrison Isaac $392,588
Previous Owner Bohrer Joseph F $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2025 01/17/25 Sold $413,250 +3.6% $287 / Sq Ft
12/07/2024 12/07/24 Pending -- -- --
11/27/2024 11/27/24 For Sale $399,000 -- $277 / Sq Ft
Source: Bright MLS

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 $5,053 $128,560 $54,660 $73,900
2024 $5,053 $128,560 $54,660 $73,900
2023 $4,810 $128,560 $54,660 $73,900
2022 $4,810 $128,560 $54,660 $73,900
2021 $4,654 $128,560 $54,660 $73,900
2020 $4,531 $128,560 $54,660 $73,900
2019 $4,437 $128,560 $54,660 $73,900
2018 $3,703 $128,560 $54,660 $73,900
2017 $4,157 $128,560 $54,660 $73,900
2016 $4,108 $128,560 $54,660 $73,900
2015 $3,923 $128,560 $54,660 $73,900
2014 $3,923 $128,560 $54,660 $73,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2124004

Bright MLS

APN: 36-00-10960-002

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