NOT LISTED FOR SALE

505 Central Ave Cheltenham, PA 19012

Elkins Park Neighborhood

Estimated Value: $131,000 - $155,549

3 Beds
1 Bath
994 Sq Ft
$140/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $124,000 $125 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $914/month

130 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • No HOA
  • Cheltenham High School Rated A-
  • Loft
  • Porch

About This Home

As of March 2024

Being sold "as is" but the home functions. The owners have lived in the property for 50 years and have moved out only a few months ago. Needs updating but clean. Great opportunity to be fixed up as a rental. Compact and cozy it has typical Victorian porch. Close to transportation including bus and the Fox Chase Local line. within walking distance.

Last Listed By

ROY L. HOLLINGER

RE/MAX Regency Realty Listed on: 10/23/2023

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1890

Lot Details

  • 2,610 Sq Ft Lot
  • Lot Dimensions are 18.00 x 0.00
  • Stone Retaining Walls
  • Back and Front Yard
  • Property is in average condition

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Victorian Architecture
  • Stone Foundation
  • Plaster Walls
  • Frame Construction
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 994 Sq Ft Home
  • Property has 3 Levels
  • Living Room
  • Dining Room
  • Loft
  • Partial Basement
  • Gas Oven or Range

Flooring

  • Wood
  • Carpet
  • Laminate
  • Dirt

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Schools

  • Cheltenham Elementary School
  • Elkins Park Middle School
  • Cheltenham High School

Utilities

  • Radiator
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Cheltenham Vil Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 31-00-04642-007

Townhouse Details

Home Type

Townhome

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional, Victorian
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, washer & dryer, microwave
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2023-10-23
  • Year Built: 1890
  • Automatically Close On Close Date: No
  • Remarks Public: Being sold "as is" but the home functions. The owners have lived in the property for 50 years and have moved out only a few months ago. Needs updating but clean. Great opportunity to be fixed up as a rental. Compact and cozy it has typical Victorian porch. Close to transportation including bus and the Fox Chase Local line. within walking distance.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dryer, Oven/Range - Gas, Refrigerator, Washer
  • Flooring Type: Laminated, Hardwood, Carpet, Dirt
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Stone
  • Levels Count: 3
  • Room Count: 8
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Laundry, Loft, Bathroom 1
  • Basement: Yes
  • Basement Type: Partial
  • Basement Footprint Percent: 75.00
  • Laundry Type: Main Floor
  • Total Sq Ft: 994
  • Living Area Sq Ft: 994
  • Price Per Sq Ft: 130.78
  • Above Grade Finished Sq Ft: 994
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 505

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Sidewalks, Street Lights, Stone Retaining Walls
  • Roof: Shingle, Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Refuse: 376.00
  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: CHELTENHAM
  • Elementary School: CHELTENHAM
  • Middle School: ELKINS PARK SCHOOL
  • High School: CHELTENHAM
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396295
  • School District Source: Listing Agent
  • Elementary School: CHELTENHAM
  • High School: CHELTENHAM
  • Middle Or Junior School: ELKINS PARK SCHOOL

Lot Info

  • Land Use Code: 1101
  • Lot Features: Front Yard, Level, Rear Yard
  • Lot Size Acres: 0.06
  • Lot Dimensions: 18.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2610.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Average
  • Year Assessed: 2023
  • Zoning: R8
  • Zoning Description: Residential

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 3744.00
  • Tax Annual Amount: 4765.00
  • Assessor Parcel Number: 31-00-04642-007
  • Tax Lot: 13
  • Tax Total Finished Sq Ft: 994
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 03/22/2024

MLS Schools

  • School District Name: CHELTENHAM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2023
Closed on
Mar 18, 2024
Sold by
Velutini Margaret
Bought by
Hood Steven S and Hood Linda W
Seller's Agent
ROY L. HOLLINGER
RE/MAX Regency Realty
Buyer's Agent
Diane Reddington
Coldwell Banker Realty
List Price
$130,000
Sold Price
$124,000
Premium/Discount to List
-$6,000
-4.62%
Total Days on Market
130
Views
524
Current Estimated Value
$139,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,137
Avg. Annual Appreciation
11.04%

Purchase Details

Closed on
May 19, 1972
Bought by
Velutini Richard and Velutini Margaret

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
Hood Steven S $124,000 None Listed On Document
Velutini Richard $14,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $124,000 -4.6% $125 / Sq Ft
03/02/2024 03/02/24 Pending -- -- --
02/27/2024 02/27/24 Price Changed $130,000 0.0% $131 / Sq Ft
02/27/2024 02/27/24 For Sale $130,000 -13.3% $131 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
12/08/2023 12/08/23 For Sale $150,000 0.0% $151 / Sq Ft
11/27/2023 11/27/23 Pending -- -- --
11/18/2023 11/18/23 Price Changed $150,000 0.0% $151 / Sq Ft
11/18/2023 11/18/23 For Sale $150,000 -14.3% $151 / Sq Ft
11/10/2023 11/10/23 Pending -- -- --
10/23/2023 10/23/23 For Sale $175,000 -- $176 / 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 $4,805 $71,950 $27,980 $43,970
2023 $4,752 $71,950 $27,980 $43,970
2022 $4,670 $71,950 $27,980 $43,970
2021 $4,542 $71,950 $27,980 $43,970
2020 $4,411 $71,950 $27,980 $43,970
2019 $4,323 $71,950 $27,980 $43,970
2018 $1,620 $71,950 $27,980 $43,970
2017 $4,127 $71,950 $27,980 $43,970
2016 $4,100 $71,950 $27,980 $43,970
2015 $3,908 $71,950 $27,980 $43,970
2014 $3,908 $71,950 $27,980 $43,970
Source: Public Records

Agents Affiliated with this Home

  • ROY L. HOLLINGER

    Seller's Agent in 2024

    ROY L. HOLLINGER

    RE/MAX

    (267) 231-7969

    33 in this area

    74 Total Sales

    ROY L. HOLLINGER
    Section Image
  • Diane Reddington

    Buyer's Agent in 2024

    Diane Reddington

    Coldwell Banker Realty

    (215) 285-2375

    9 in this area

    518 Total Sales

    Diane Reddington
    Section Image
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Source: Bright MLS

MLS Number: PAMC2086858

Bright MLS

APN: 31-00-04642-007

Pennsylvania Montgomery County Cheltenham Township Elkins Park

505 Central Ave, Cheltenham Township, PA

Homes for Sale in Cheltenham, PA

This home is located at 505 Central Ave, Cheltenham, PA 19012 since 23 October 2023 and is currently estimated at $139,137, approximately $139 per square foot. This property was built in 1890. 505 Central Ave is a home located in Montgomery County with nearby schools including Cheltenham Elementary School, Elkins Park School, and Cedarbrook Middle School.

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