NOT LISTED FOR SALE

508 Arbutus Ave Horsham, PA 19044

Estimated Value: $500,671 - $536,000

-- Bed
2 Baths
1,562 Sq Ft
$335/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $355,000 $227 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,308/month

10 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of October 2020

Don't miss the chance to own this spacious cape cod ( duplex) Fourth bedroom has a kitchenette which can easily be removed. The large nicely manicured .48 acre lot even has subdivision possibilities. Features include a brick fireplace in the living room and a partially finished basement with a dry bar. You will also find an enclosed breezeway, 240 square foot deck, two car attached garage and a storage shed. I am sure that you will agree that you can't beat this total package with its endless possibilities & Development Opportunity . 24 Hours notice is requested for showings.

Last Agent to Sell the Property

Erminio Herman Petrecca

RE/MAX Centre Realtors License #RS218590L Listed on: 09/14/2020

RE/MAX Centre Realtors

Last Buyer's Agent

Erminio Herman Petrecca

RE/MAX Centre Realtors License #RS218590L Listed on: 09/14/2020

RE/MAX Centre Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,587

Year Built

  • Built in 1949

Lot Details

  • 0.48 Acre Lot

Parking

  • Driveway

Home Design

  • 1,562 Sq Ft Home
  • Duplex
  • Cape Cod Architecture

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • 2-Story Building

Listing and Financial Details

  • Assessor Parcel Number 36-00-00076-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,587

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1949
  • Automatically Close On Close Date: No
  • Remarks Public: Don't miss the chance to own this spacious cape cod ( duplex) Fourth bedroom has a kitchenette which can easily be removed. The large nicely manicured .48 acre lot even has subdivision possibilities. Features include a brick fireplace in the living room and a partially finished basement with a dry bar. You will also find an enclosed breezeway, 240 square foot deck, two car attached garage and a storage shed. I am sure that you will agree that you can't beat this total package with its endless possibilities & Development Opportunity . 24 Hours notice is requested for showings.
  • Special Features: None

Interior Features

  • Total Sq Ft: 1562
  • Living Area Sq Ft: 1562
  • Price Per Sq Ft: 236.24
  • Above Grade Finished Sq Ft: 1562
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 508

Exterior Features

  • Other Structures: Above Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Lot Size Acres: 0.48
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21083.00
  • Year Assessed: 2019
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 694671
  • Tax Annual Amount: 3587.00
  • Assessor Parcel Number: 36-00-00076-005
  • Tax Year: 2019
  • Close Date: 10/16/2020

MLS Schools

  • School District Name: HATBORO-HORSHAM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2020
Closed on
Oct 16, 2020
Sold by
Schiano David
Bought by
Shihadeh Contracting Llc
Seller's Agent
Erminio Herman Petrecca
RE/MAX Centre Realtors
Buyer's Agent
Erminio Herman Petrecca
RE/MAX Centre Realtors
List Price
$369,000
Sold Price
$355,000
Premium/Discount to List
-$14,000
-3.79%
Current Estimated Value
$522,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,918
Avg. Annual Appreciation
8.28%

Purchase Details

Closed on
Jan 22, 2007
Sold by
Scott Bruce W
Bought by
Schiano David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,250
Interest Rate
6.22%

Purchase Details

Closed on
Mar 10, 2005
Sold by
Not Provided
Bought by
Not Provided
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
Shihadeh Contracting Llc $355,000 None Available
Schiano David $322,500 None Available
Not Provided -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chalik Mark $300,000
Open Shihadeh Contracting Llc $957,770
Previous Owner Schiano David $242,500
Previous Owner Schiano David $32,250
Previous Owner Schiano David $258,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $355,000 -3.8% $227 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $369,000 -- $236 / 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 $5,506 $140,070 -- --
2024 $5,506 $140,070 -- --
2023 $4,946 $132,170 $0 $0
2022 $1,009 $27,860 $0 $0
2021 $4,876 $137,940 $55,720 $82,220
2020 $4,761 $137,940 $55,720 $82,220
2019 $4,669 $137,940 $55,720 $82,220
2018 $3,973 $137,940 $55,720 $82,220
2017 $4,460 $137,940 $55,720 $82,220
2016 $4,407 $137,940 $55,720 $82,220
2015 $4,209 $137,940 $55,720 $82,220
2014 $4,209 $137,940 $55,720 $82,220
Source: Public Records

Agents Affiliated with this Home

  • Erminio Herman Petrecca

    Seller's Agent in 2020

    Erminio Herman Petrecca

    Re/Max Centre Realtors

    (267) 474-3651

    11 in this area

    43 Total Sales

    Erminio Herman Petrecca
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Map

Source: Bright MLS

MLS Number: PAMC663654

Bright MLS

APN: 36-00-00076-005

Pennsylvania Montgomery County Horsham Township

508 Arbutus Ave, Horsham Township, PA

This home is located at 508 Arbutus Ave, Horsham, PA 19044 since 14 September 2020 and is currently estimated at $522,918, approximately $334 per square foot. This property was built in 1949. 508 Arbutus Ave is a home located in Montgomery County with nearby schools including Blair Mill Elementary School, Keith Valley Middle School, and Hatboro-Horsham Senior High School.

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