$630,000
SOLD JAN 8, 2025

500 Arbutus Ave Horsham, PA 19044

-- Bed
-- Bath
3,800 Sq Ft
0.39 Acres

Recently Sold

$166 Per Sq Ft

2 Days on Market

Highlights

  • Rambler Architecture
  • Corner Lot
  • Bathtub with Shower
  • 1 Fireplace
  • 2 Car Detached Garage
  • Patio

About This Home

As of January 2025

Investor Alert: Turn Key Multi Family Property on Large Corner Lot Consist of One 3 Bed 1 Bath Ranch Home and One 4 Bed 3 Full Bath, Split Level Home that are adjoined but with Separate Entrances, Fenced in Yards, Driveway and Garage.
Both Homes have been fully renovated New Windows, Flooring, Kitchens, Lighting, Bathrooms, Vinyl Fence, Sidewalk, Patios and Many other improvements and Upgrades

This Unique set up offers new owner to live in one home while having an income producing property to off set your living expenses or just rent both out for high returns.

Last Agent to Sell the Property

Mark Furia

Premier Property Management & Realty LLC License #RS319040 Listed on: 10/18/2024

Last Buyer's Agent

Jeff Ungermah

United Real Estate License #RS360112

United Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,772

Year Built

  • Built in 1955 | Remodeled in 2024

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 100.00 x 0.00
  • Corner Lot
  • Property is in excellent condition

Parking

  • 2 Car Detached Garage
  • 3 Driveway Spaces
  • Side Facing Garage

Home Design

  • Duplex
  • Rambler Architecture
  • Side-by-Side
  • Dwelling with Rental
  • Split Level Home
  • Brick Exterior Construction
  • Permanent Foundation
  • Poured Concrete
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Bathtub with Shower
  • 1 Fireplace
  • Unfinished Basement

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Laminate

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Electric Water Heater

Additional Features

  • Doors with lever handles
  • Patio

Listing and Financial Details

  • Tax Lot 008
  • Assessor Parcel Number 36-00-00082-008

Community Details

Overview

  • 2 Units
  • Saw Mill Valley Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,772

Year Built

Built in 1955 | Remodeled in 2024

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Dwelling With Rental, Ranch/Rambler, Side-By-Side, Split Level
  • Accessibility Features: Doors - Lever Handle(s)
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: washer and dryers and refrigerators
  • New Construction: No
  • Expected On Market: 2024-10-18
  • Year Built: 1955
  • Year Renovated: 2024
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Investor Alert: Turn Key Multi Family Property on Large Corner Lot Consist of One 3 Bed 1 Bath Ranch Home and One 4 Bed 3 Full Bath, Split Level Home that are adjoined but with Separate Entrances, Fenced in Yards, Driveway and Garage. Both Homes have been fully renovated New Windows, Flooring, Kitchens, Lighting, Bathrooms, Vinyl Fence, Sidewalk, Patios and Many other improvements and Upgrades This Unique set up offers new owner to live in one home while having an income producing property to off set your living expenses or just rent both out for high returns.
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Washer, Dryer
  • Flooring Type: Laminate Plank, Carpet
  • Interior Amenities: Bathroom - Tub Shower, Carpet, Kitchen - Island
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Basement: Yes
  • Basement Type: Poured Concrete, Unfinished
  • Total Sq Ft: 3800
  • Living Area Sq Ft: 3800
  • Price Per Sq Ft: 217.21
  • Above Grade Finished Sq Ft: 2900
  • Below Grade Finished Sq Ft: 900
  • Total Below Grade Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 500

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Vinyl Siding, Brick
  • Roof: Architectural Shingle
  • Spa: No
  • View: Street
  • 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
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s), Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: HATBORO-HORSHAM
  • School District Key: 300200397248
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 1132
  • Lot Size Acres: 0.39
  • Lot Dimensions: 100.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16867.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: R

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 1
  • Rent Control: No
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • School Tax: 5608.00
  • Tax Annual Amount: 6772.00
  • Assessor Parcel Number: 36-00-00082-008
  • Tax Lot: 008
  • Tax Total Finished Sq Ft: 3800
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 01/08/2025

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 2

MLS Schools

  • School District Name: HATBORO-HORSHAM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2024
Closed on
Jan 8, 2025
Sold by
Furia Joseph
Bought by
Ungermah Jeffrey R and Ungermah Christina
Seller's Agent
Mark Furia
Premier Property Management & Realty LLC
Buyer's Agent
Jeff Ungermah
United Real Estate
List Price
$629,900
Sold Price
$630,000
Premium/Discount to List
$100
0.02%
Views
23
Current Estimated Value
$621,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,225
Avg. Annual Appreciation
-2.03%
Original Mortgage
$472,500
Outstanding Balance
$469,637
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$152,138

Purchase Details

Closed on
Apr 11, 2008
Sold by
Furia Joseph and Bono Daniel Di
Bought by
Furia Joseph

Purchase Details

Closed on
Jun 15, 1994
Sold by
Vogel Charles F
Bought by
Furia Joseph and Dibono Daniel
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $630,000 Aaron Abstract
Interfamily Deed Transfer -- None Available
Trustee Deed $175,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $472,500 New Conventional
Previous Owner $199,800 Adjustable Rate Mortgage/ARM
Previous Owner $245,000 No Value Available
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2025 01/08/25 Sold $630,000 0.0% $166 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
10/18/2024 10/18/24 For Sale $629,900 -- $166 / 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 $6,523 $165,930 $51,110 $114,820
2024 $6,523 $165,930 $51,110 $114,820
2023 $6,209 $165,930 $51,110 $114,820
2022 $6,007 $165,930 $51,110 $114,820
2021 $5,865 $165,930 $51,110 $114,820
2020 $5,727 $165,930 $51,110 $114,820
2019 $5,617 $165,930 $51,110 $114,820
2018 $4,779 $165,930 $51,110 $114,820
2017 $5,366 $165,930 $51,110 $114,820
2016 $5,301 $165,930 $51,110 $114,820
2015 $5,063 $165,930 $51,110 $114,820
2014 $5,063 $165,930 $51,110 $114,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2119318

Bright MLS

APN: 36-00-00082-008