NOT LISTED FOR SALE

56 E Montgomery Ave Hatboro, PA 19040

Estimated Value: $416,000 - $470,385

-- Bed
2 Baths
1,920 Sq Ft
$228/Sq Ft Est. Value

Last Sold July 20, 2020

Last sale price $320,500 $167 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,860/month

Highlights

  • Colonial Architecture
  • 5-minute walk to Hatboro
  • Playground
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of July 2020

Perfect time to be an investor or live in one unit and rent the other. This Duplex is close to the center of Hatboro and offers Two, 2 bedroom apartments each with plenty of separate basement storage. Tenants pay utilities and each apartment comes with full size washer, dryer and refrigerator. First floor unit has central air and 2nd floor unit has a wall air conditioner. Lots of yard space to enjoy the outside and rear parking for 3 vehicles. Detached garage offers more storage for either tenant or owner. This Duplex has a Great location and is close to Hatboro Train station, shopping restaurants.

Last Agent to Sell the Property

Patricia Felte

(215) 858-0900 pat.felte@felterealestate.com Quinn & Wilson, Inc. Listed on: 06/15/2020

Co-Listed By

Robert Felte Jr

(215) 858-7800 bob.felte@felterealestate.com Quinn & Wilson, Inc. License #AB043498A

Last Buyer's Agent

Bob Smith

(215) 327-5856 Bsmith@homestarrinc.com Homestarr Realty License #RS303847

Homestarr Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,772

Year Built

  • Built in 1962

Lot Details

  • 7,884 Sq Ft Lot
  • Lot Dimensions are 50.00 x 0.00

Home Design

  • Duplex
  • Colonial Architecture
  • Stucco

Interior Spaces

  • 1,920 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Playground

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 026
  • Assessor Parcel Number 08-00-03871-009

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,772

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: All Tenant-Owned Property
  • Home Warranty: No
  • Inclusions: Washers, dryers, & refrigerators in As-is Condition (2 of each appliance)
  • New Construction: No
  • Year Built: 1962
  • Remarks Public: Perfect time to be an investor or live in one unit and rent the other. This Duplex is close to the center of Hatboro and offers Two, 2 bedroom apartments each with plenty of separate basement storage. Tenants pay utilities and each apartment comes with full size washer, dryer and refrigerator. First floor unit has central air and 2nd floor unit has a wall air conditioner. Lots of yard space to enjoy the outside and rear parking for 3 vehicles. Detached garage offers more storage for either tenant or owner. This Duplex has a Great location and is close to Hatboro Train station, shopping restaurants.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1920
  • Living Area Sq Ft: 1920
  • Price Per Sq Ft: 160.42
  • Above Grade Finished Sq Ft: 1920
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 56

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Exterior Features: Play Area
  • 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, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Wall Unit
  • Heating Fuel: Natural Gas
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1132
  • Lot Size Acres: 0.18
  • Lot Dimensions: 50.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7884.00
  • Year Assessed: 2020
  • Zoning: R2

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

  • Assessor Parcel Number: 602118
  • School Tax: 3998.00
  • Tax Annual Amount: 5772.00
  • Assessor Parcel Number: 08-00-03871-009
  • Tax Lot: 026
  • Tax Total Finished Sq Ft: 1920
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/20/2020

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: HATBORO-HORSHAM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2020
Closed on
Jul 20, 2020
Sold by
Wus John P and Wus Lynda M
Bought by
E & S First Llc
Seller's Agent
Patricia Felte
Quinn & Wilson, Inc.
Buyer's Agent
Bob Smith
Homestarr Realty
List Price
$308,000
Sold Price
$320,500
Premium/Discount to List
$12,500
4.06%
Current Estimated Value
$437,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,846
Avg. Annual Appreciation
6.03%

Purchase Details

Closed on
Apr 22, 1983
Bought by
Wus John P and Wus Lynda M
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
E & S First Llc $320,500 None Available
Wus John P $82,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2020 07/20/20 Sold $320,500 +4.1% $167 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $308,000 -- $160 / 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 $6,488 $133,920 $42,810 $91,110
2024 $6,488 $133,920 $42,810 $91,110
2023 $6,175 $133,920 $42,810 $91,110
2022 $6,014 $133,920 $42,810 $91,110
2021 $5,870 $133,920 $42,810 $91,110
2020 $5,699 $133,920 $42,810 $91,110
2019 $5,610 $133,920 $42,810 $91,110
2018 $5,609 $133,920 $42,810 $91,110
2017 $5,252 $133,920 $42,810 $91,110
2016 $5,199 $133,920 $42,810 $91,110
2015 $5,007 $133,920 $42,810 $91,110
2014 $5,007 $133,920 $42,810 $91,110
Source: Public Records

Agents Affiliated with this Home

  • Patricia Felte

    Seller's Agent in 2020

    Patricia Felte

    Quinn & Wilson, Inc.

    (215) 858-0900

    5 Total Sales

    Patricia Felte
    Section Image
  • Robert Felte Jr

    Seller Co-Listing Agent in 2020

    Robert Felte Jr

    Quinn & Wilson, Inc.

    (215) 858-7800

    8 in this area

    66 Total Sales

    Robert Felte Jr
    Section Image
  • Bob Smith

    Buyer's Agent in 2020

    Bob Smith

    Homestarr Realty

    (215) 327-5856

    1 in this area

    47 Total Sales

    Bob Smith
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAMC651840

Bright MLS

APN: 08-00-03871-009

Pennsylvania Montgomery County Hatboro 19040

56 E Montgomery Ave, Hatboro, PA

This home is located at 56 E Montgomery Ave, Hatboro, PA 19040 since 15 June 2020 and is currently estimated at $437,346, approximately $227 per square foot. This property was built in 1962. 56 E Montgomery Ave is a home located in Montgomery County with nearby schools including Crooked Billet El School, Keith Valley Middle School, and Hatboro-Horsham Senior High School.

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