NOT LISTED FOR SALE

51 Limekiln Pike Glenside, PA 19038

Estimated Value: $621,184 - $645,000

-- Bed
4 Baths
3,528 Sq Ft
$179/Sq Ft Est. Value

Last Sold October 04, 2023

Last sale price $575,000 $163 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,421/month

37 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • Property is in very good condition
  • Cheltenham High School Rated A-
  • Electric Baseboard Heater

About This Home

As of October 2023

Fantastic opportunity with this 4 unit property in excellent condition in desirable Glenside. It's a stand alone building with a private driveway for the 2 BR first floor unit and a parking lot in the rear with 6 parking spots for the other tenant's use. Each unit has separate utilities. The annual rent is $48,252 which is undervalued for today's market. Annual water/sewer bill is $2794. Annual taxes are $14,000. Annual landscaping bill is $1271. Trash is currently included with the taxes however starting 1/1/24 it will no longer be included. The laundry is coin operated for additional income. All units are occupied. The pictures are from prior to tenants' moving in. This is a rare find!

Last Agent to Sell the Property

Pamela Butera

OCF Realty LLC - Philadelphia License #RS171400L Listed on: 07/07/2023

OCF Realty LLC - Philadelphia

Last Buyer's Agent

Matthew Flack

Salomon Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,506

Year Built

  • Built in 1801

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 64.00 x 0.00
  • Property is in very good condition

Home Design

  • Quadruplex
  • Colonial Architecture
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,528 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 6 Open Parking Spaces
  • 7 Parking Spaces
  • 1 Driveway Space
  • Parking Lot

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 4 Units
  • Operating Expense $16,565

Listing and Financial Details

  • The owner pays for lawn/shrub care, water, real estate taxes, sewer, trash collection
  • Tax Lot 8
  • Assessor Parcel Number 31-00-17296-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,506

Year Built

Built in 1801

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2023-07-07
  • Year Built: 1801
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3528
  • Living Area Sq Ft: 3528
  • Price Per Sq Ft: 167.23
  • Above Grade Finished Sq Ft: 3528
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 51

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Driveway, Parking Lot
  • Number of Spaces in Driveway: 1
  • Parking Lot Number Of Spaces: 6

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Electric, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Schools

  • School District: CHELTENHAM
  • School District Key: 300200396295
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 1134
  • Lot Size Acres: 0.35
  • Lot Dimensions: 64.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15232.00
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: QUADPLEX

Rental Info

  • Number Of Units Month To Month: 1
  • Owner Pays: Lawn/Shrub Care, Water, Taxes - Real Estate, Sewer, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 48252.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • School Tax: 9891.00
  • Tax Annual Amount: 12506.00
  • Assessor Parcel Number: 31-00-17296-007
  • Tax Lot: 8
  • Tax Total Finished Sq Ft: 3528
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/04/2023

Multi Family

  • Gross Income: 48252.00
  • Operating Expense: 16565.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: CHELTENHAM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Sep 13, 2023
Sold by
Glasgow Inc
Bought by
Houchins Bradford and Houchins Andrew
Seller's Agent
Pamela Butera
OCF Realty LLC - Philadelphia
Buyer's Agent
Matthew Flack
Salomon Realty LLC
List Price
$624,900
Sold Price
$575,000
Premium/Discount to List
-$49,900
-7.99%
Views
99
Current Estimated Value
$615,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,045
Avg. Annual Appreciation
3.13%
Original Mortgage
$431,250
Outstanding Balance
$424,472
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$184,451

Purchase Details

Closed on
Apr 28, 1997
Sold by
Myers Marie
Bought by
Glasgow Inc
Source: Public Records

Range of Values:

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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
Houchins Bradford $575,000 North Penn Abstract
Glasgow Inc $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houchins Bradford $431,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2023 10/04/23 Sold $575,000 -2.5% $163 / Sq Ft
08/03/2023 08/03/23 Price Changed $590,000 -5.6% $167 / Sq Ft
07/18/2023 07/18/23 For Sale $624,900 +8.7% $177 / Sq Ft
07/11/2023 07/11/23 Off Market $575,000 -- --
07/07/2023 07/07/23 For Sale $624,900 -- $177 / 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
2024 $12,649 $189,390 $83,230 $106,160
2023 $12,506 $189,390 $83,230 $106,160
2022 $12,292 $189,390 $83,230 $106,160
2021 $11,955 $189,390 $83,230 $106,160
2020 $11,611 $189,390 $83,230 $106,160
2019 $11,379 $189,390 $83,230 $106,160
2018 $4,402 $189,390 $83,230 $106,160
2017 $10,863 $189,390 $83,230 $106,160
2016 $10,789 $189,390 $83,230 $106,160
2015 $10,288 $189,390 $83,230 $106,160
2014 $10,288 $189,390 $83,230 $106,160
Source: Public Records

Agents Affiliated with this Home

  • Pamela Butera

    Seller's Agent in 2023

    Pamela Butera

    OFC Realty

    (215) 205-8130

    5 in this area

    263 Total Sales

    Section Image
  • Matthew Flack

    Buyer's Agent in 2023

    Matthew Flack

    Salomon Realty LLC

    (267) 421-8742

    1 in this area

    6 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: PAMC2076930

Bright MLS

APN: 31-00-17296-007

Pennsylvania Montgomery County Glenside 19038

51 Limekiln Pike, Glenside, PA

This home is located at 51 Limekiln Pike, Glenside, PA 19038 since 07 July 2023 and is currently estimated at $630,296, approximately $178 per square foot. This property was built in 1801. 51 Limekiln Pike is a home located in Montgomery County with nearby schools including Elkins Park School, Cedarbrook Middle School, and Cheltenham High School.

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