NOT LISTED FOR SALE

500 S Warminster Rd Hatboro, PA 19040

Estimated Value: $726,000 - $914,000

5 Beds
2 Baths
2,529 Sq Ft
$330/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $780,076 $308 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,763/month

22 Days on Market

Highlights

  • 8.95 Acre Lot
  • 1 Fireplace
  • Circular Driveway
  • Colonial Architecture
  • No HOA
  • 2 Car Attached Garage

About This Home

As of June 2023

Can you smell that - Its opportunity calling!?!

Not a betting person BUT I’m guessing you didn’t even know there was an 8.95-acre (according to public records), residential lot, in Hatboro Borough (actually, there are several, and this is the largest), let alone one with a pond/lake, a water fall, serene open space and views to die for.

Currently situated with two (2) single family homes, both overlooking a huge pond (or lake, depending on your definition) and sitting back off the road 200+ yards. The main house was raised years back and the living quarters are on the 2nd and 3rd floor. On the 2nd floor are a primary en-suite bedroom, solarium room with patio doors out to an upper lever deck, kitchen, office and one of the largest media rooms you’ve ever seen! The 3rd floor has 4 additional bedrooms and full bath. The 2nd (guest) house, log cabin style, is one floor with a nice-sized living room, kitchen/laundry area and two bedrooms.

Full disclosure, both houses will require complete rehabs and the highest and best use may be (re)development.

Bottom line, bring your vision and imagination when you come to see this one and you will not be disappointed.

Last Agent to Sell the Property

Bill Hamberg

(215) 206-1980 team@pahouselink.com RE/MAX Central - Blue Bell License #RS285000 Listed on: 04/13/2023

RE/MAX Central - Blue Bell

Last Buyer's Agent

Bernadette Robinson

(215) 654-6020 bern@bernrobinson.com Keller Williams Real Estate-Blue Bell License #RS221161L

Keller Williams Real Estate-Blue Bell

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,847

Year Built

  • Built in 1950

Lot Details

  • 8.95 Acre Lot
  • Lot Dimensions are 181.00 x 0.00

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Circular Driveway
  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Masonry

Interior Spaces

  • 2,529 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 2 Full Bathrooms

Location

  • Flood Risk

Schools

  • Keith Valley Middle School
  • Hatboro-Horsham High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Summer or Winter Changeover Switch For Hot Water
  • Well
  • On Site Septic

Community Details

  • No Home Owners Association
  • Abington Woods Subdivision

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 08-00-05719-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,847

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 2529
  • Living Area Sq Ft: 2529
  • Price Per Sq Ft: 276.79
  • Above Grade Finished Sq Ft: 2529
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • 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
  • Parking Features: Crushed Stone, Circular Driveway, Gravel Driveway
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: S/W Changeover
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: HATBORO-HORSHAM
  • Middle Or Junior School: KEITH VALLEY

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 8.95
  • Lot Dimensions: 181.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 389862.00
  • Zoning: RES

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 602856
  • School Tax: 10808.00
  • Tax Annual Amount: 15847.00
  • Assessor Parcel Number: 08-00-05719-006
  • Tax Lot: 22
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: HATBORO-HORSHAM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
Jun 5, 2023
Sold by
Lsf9 Master Participation Trust
Bought by
Meltzer Michael and Brown Rachel Taylor
Seller's Agent
Bill Hamberg
RE/MAX Central - Blue Bell
Buyer's Agent
Bernadette Robinson
Keller Williams Real Estate-Blue Bell
List Price
$700,000
Sold Price
$780,076
Premium/Discount to List
$80,076
11.44%
Views
130
Current Estimated Value
$835,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,374
Avg. Annual Appreciation
2.97%
Original Mortgage
$400,000
Outstanding Balance
$359,606
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$475,844

Purchase Details

Closed on
Dec 16, 2022
Sold by
Kilkenny Sean P
Bought by
Lsf9 Master Participation Trust

Purchase Details

Closed on
Oct 6, 2006
Sold by
Oliver Rena and Oliver Timothy
Bought by
Renaissance Trust

Purchase Details

Closed on
Jan 11, 2005
Sold by
Not Provided
Bought by
Not Provided

Purchase Details

Closed on
Dec 16, 2004
Sold by
Not Provided
Bought by
Not Provided

Purchase Details

Closed on
May 18, 2000
Sold by
Macvaugh Suzane and Radey Patricia L
Bought by
Munn Mark T and Munn Lisa
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
Meltzer Michael $780,076 Allodial Title
Meltzer Michael $780,076 Allodial Title
Lsf9 Master Participation Trust $2,732 --
Lsf9 Master Participation Tr $2,732 None Listed On Document
Renaissance Trust -- None Available
Not Provided $517,500 --
Not Provided $517,500 --
Munn Mark T $375,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meltzer Michael $400,000
Closed Meltzer Michael $400,000
Closed Not Provided $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2023 06/26/23 Sold $780,076 0.0% $308 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
05/04/2023 05/04/23 Off Market $780,076 -- --
04/23/2023 04/23/23 For Sale $700,000 -10.3% $277 / Sq Ft
04/13/2023 04/13/23 Off Market $780,076 -- --
04/13/2023 04/13/23 For Sale $700,000 -- $277 / 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 $16,427 $299,390 -- --
2024 $16,427 $339,030 $155,120 $183,910
2023 $15,635 $339,030 $155,120 $183,910
2022 $15,224 $339,030 $155,120 $183,910
2021 $14,861 $339,030 $155,120 $183,910
2020 $14,426 $339,030 $155,120 $183,910
2019 $14,202 $339,030 $155,120 $183,910
2018 $14,202 $339,030 $155,120 $183,910
2017 $13,295 $339,030 $155,120 $183,910
2016 $13,163 $339,030 $155,120 $183,910
2015 $12,946 $339,030 $155,120 $183,910
2014 -- $339,030 $155,120 $183,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2069178

Bright MLS

APN: 08-00-05719-006