616 Webb Rd Elkins Park, PA 19027
Elkins Park Neighborhood
5
Beds
5.5
Baths
4,551
Sq Ft
0.45
Acres
Highlights
- Cape Cod Architecture
- Wood Flooring
- No HOA
- Wyncote Elementary School Rated A-
- 2 Fireplaces
- 2 Car Attached Garage
About This Home
As of June 2025UPDATE: Thank you for your interest but the deadline has passed for showings and offers.
CALLING ALL INVESTORS! Here’s your opportunity to bring back to life a once-stunning mid-century modern home built in 1956. With over 4500 SF, 5 bedrooms, 5.5 baths, and 2 fireplaces, it sits on a beautiful and tranquil lot on a quiet street in Elkins Park, a mere 1/3 of a mile from the Elkins Park Train Station. It is subject to an Act 135 Conservatorship, will need extensive renovations, and is being sold in "as-is" condition with no seller concessions. As part of the Act 135 Conservatorship, the home is scheduled to have the neglected pool filled in, replace the damaged fascia, remove the enveloping overgrowth, the damaged fencing, and outbuildings in the next 2 weeks. They have already done a clean out and removed all the carpeting which revealed some beautiful hardwood floors. We have in hand an appraisal from HUD for 535K in its current condition, but all offers will be considered. Comps for this home fully renovated near the 800K range!***Please be sure to read all the documents attached to the listing. An Access Agreement must be signed before entering the home. ***All offers should be submitted as quickly as possible so the Conservator may present the winning bid to the Court for its prompt approval. Schedule your showing today!
Last Agent to Sell the Property
Realty One Group Restore - BlueBell Listed on: 09/10/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 1956
Lot Details
- 0.45 Acre Lot
- Property is zoned R4
Parking
- 2 Car Attached Garage
- 2 Driveway Spaces
- Front Facing Garage
Home Design
- Cape Cod Architecture
- Fixer Upper
- Brick Exterior Construction
- Shingle Roof
- Stone Siding
Interior Spaces
- 4,551 Sq Ft Home
- Property has 2 Levels
- 2 Fireplaces
- Partially Finished Basement
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Main Level Bedrooms
Schools
- Wyncote Elementary School
- Cedarbrook Middle School
- Cheltenham High School
Utilities
- Heating Available
- Municipal Trash
Community Details
- No Home Owners Association
- Elkins Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 31184 006
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 10, 2024
Closed on
Jan 10, 2025
Sold by
Community Preservation Alliance and Coleman Raymond
Bought by
Ad Houses Llc
Seller's Agent
Carol Anne Raffa
Realty One Group Restore - BlueBell
Buyer's Agent
Halyna Novykova
Home Solutions Realty Group
List Price
$535,000
Sold Price
$405,000
Premium/Discount to List
-$130,000
-24.3%
Views
277
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
156.79%
Purchase Details
Closed on
Nov 7, 1979
Bought by
Coleman Raymond and Coleman Marie H
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $405,000 | None Listed On Document | |
| Deed | $405,000 | None Listed On Document | |
| Deed | $132,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $682,500 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $427,800 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2025 06/28/25 | Sold | $755,000 | -1.3% | $166 / Sq Ft |
| 05/30/2025 05/30/25 | Pending | -- | -- | -- |
| 05/22/2025 05/22/25 | For Sale | $764,900 | +88.9% | $168 / Sq Ft |
| 01/21/2025 01/21/25 | Sold | $405,000 | +15.7% | $89 / Sq Ft |
| 12/05/2024 12/05/24 | Pending | -- | -- | -- |
| 11/03/2024 11/03/24 | Off Market | $350,000 | -- | -- |
| 10/10/2024 10/10/24 | Price Changed | $350,000 | -34.6% | $77 / Sq Ft |
| 09/10/2024 09/10/24 | For Sale | $535,000 | -- | $118 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $16,697 | $250,000 | $69,820 | $180,180 |
| 2023 | $16,509 | $250,000 | $69,820 | $180,180 |
| 2022 | $16,225 | $250,000 | $69,820 | $180,180 |
| 2021 | $15,781 | $250,000 | $69,820 | $180,180 |
| 2020 | $15,326 | $250,000 | $69,820 | $180,180 |
| 2019 | $15,020 | $250,000 | $69,820 | $180,180 |
| 2018 | $3,893 | $250,000 | $69,820 | $180,180 |
| 2017 | $14,340 | $250,000 | $69,820 | $180,180 |
| 2016 | $14,243 | $250,000 | $69,820 | $180,180 |
| 2015 | $13,579 | $250,000 | $69,820 | $180,180 |
| 2014 | $13,579 | $250,000 | $69,820 | $180,180 |
Source: Public Records
Agents Affiliated with this Home
-
Halyna Novykova
H
Seller's Agent in 2025
Halyna Novykova
Home Solutions Realty Group
(215) 969-8989
3 in this area
8 Total Sales
-
Carol Anne Raffa
Seller's Agent in 2025
Carol Anne Raffa
Realty One Group Restore - BlueBell
(267) 230-7063
6 in this area
25 Total Sales
-
Neil Galauski
Buyer's Agent in 2025
Neil Galauski
KW Empower
(267) 483-9125
1 in this area
93 Total Sales
Map
Source: Bright MLS
MLS Number: PAMC2115288
APN: 31-00-28309-001
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