9 months on rocket

1331 Ashbourne Rd, Elkins Park, PA, 19027

$349,000

Home List Price

$4,144*

Closing Credit

0 Baths
2,500 SqFt
$140/SqFt
Multi
Schools Nearby

Location

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1331 Ashbourne Rd, Cheltenham Township$349,000

Buyer Closing Credits

$4,144*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTriplex
ParkingDriveway, Off Street
Year Built1900
HeatingHot Water
CoolingNone
MLS #PAMC2079664
Lot Size0.24 Acres
StatusActive
(ACTIVE)

About 1331 Ashbourne Rd

Elkins Park large multi family building consisting of three rental units. The building contains 3 separate rental units, however only 2 are legally zoned for rental purposes. The building needs updating and is being sold in "as is" condition. Electric for each apartment is separate. Owner pays domestic hot water and heating fuel (oil). Owner also pays cold water. Off street parking is available for one of the units. Large double lot with plenty of yard space and privacy. Building could be converted back to single family as well. Yearly expenses as follows: $17,712 Water and sewer $2800, Oil/heat $3078, PECO common areas $1764, Building Insurance $1344, Real estate taxes $8726. Yearly rental Income: $31,860 Yearly expenses : $17,712 net operating income-$14,148.00 Apt B - lower level apartment $735 (not legally zoned) Floor 1 - 1st floor rear $895 Floor 2 - 2nd floor $1,025 call for appointments-24 hour notice.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1900
  • Living Area: 2,500 SqFt

Listing Office:

  • Office Name: Elfant Wissahickon-Chestnut Hill
  • Office Phone: (215) 247-3600
  • Listing Agent: John P O'Connell

Interior Features

Interior Information:

  • Flooring Type: Hardwood

Exterior Features

Parking Information:

  • Parking: Driveway, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: None

School Info

Assigned Schools Information:

  • Cheltenham High School, Public District Grades 9-12
  • Elkins Park School, Public District Grades 5-6
  • Cedarbrook Middle School, Public District Grades 5-8
  • Myers Elementary School, Public District Grades KG-4

Other

Directions Information:

  • Directions: 1331 Ashbourne Read

Municipality:

  • Cheltenham Twp

Price Information

Listing Price Info

Price Summary:

  • List Price: $349,000
  • Price Per SqFt: $140/SqFt

Tax Information:

  • Annual Amount: $8,342
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Cheltenham Township, PA.

Med. Sold Price

$380K

Med. Price/SqFt

$185

Avg. Days On Market

24

# of Sold Homes

28

1331 Ashbourne Rd vs Cheltenham Township

271 DAYS ON ROCKET

+247 Days

$349,000

-$31K Less

$140/SqFt

-$45 Less

KEY TAKEAWAY

This property is $31K less than the Median Sold Price and $45/SqFt less than other homes in Cheltenham Township, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAMC2079664

Listing Office:

  • Office Name: Elfant Wissahickon-Chestnut Hill
  • Office Phone: (215) 247-3600
  • Listing Agent: John P O'Connell

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 12:10:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 15, 2006Home Sold
$190,000
Nov 29, 2002Home Sold
$141,500

Tax History

YEARPROP. TAXASSESSMENT
2021$8,342$132,140
2020$8,100$132,140
2019$7,939$132,140
2018$7,751$132,140
2017$7,580$132,140

History based on county public records data.

Payment Calculator

$1,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,113

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2830719
6
/10
  • Myers Elementary School

  • 7609 Montgomery Ave

  • 0.18 miles

  • Public District Grades KG-4

Middle School

school-card-donut-2830720
5
/10
  • Elkins Park School

  • 8149 New Second St

  • 0.60 miles

  • Public District Grades 5-6

school-card-donut-2830721
5
/10
  • Cedarbrook Middle School

  • 300 Longfellow Rd

  • 1.87 miles

  • Public District Grades 5-8

High School

school-card-donut-2830722
4
/10
  • Cheltenham High School

  • 500 Rices Mill Rd

  • 2.21 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,107. Most Cheltenham Township, PA residents have annual incomes between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket Homes›Pennsylvania›Montgomery County›Cheltenham Township›19027›1331 Ashbourne Rd

This home is located at 1331 Ashbourne Rd in Elkins Park, PA and zip code 19027 in the Elkins Park neighborhood. This 2,500 square foot home, which was built in 1900, sits on a 0.24 acre lot. It has been listed on Rocket Homes since August 01, 2023 and is currently priced at $349,000.

In March 2024 more than 6 listings in Cheltenham Township, PA were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 9 were sold below. Between February 2024 and March 2024, Cheltenham Township, PA real estate market has seen decrease in the number of listings by 3.5%. In March 2024 median list price was $380,000 and the average listing age was 24 days.

From Rocket Homes Real Estate and based on county public records data.

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