See Home Value
Willow Grove 19040
2535 TERWOOD RD
$495,000
House - Off Market

2535 TERWOOD RD

HATBORO, PA 19040
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2901 Sqft
$2,431
Estimated Monthly
$0
HOA / Fees

About This Property

Discover the charm of this Colonial gem in Hatboro, nestled alongside the serene beauty of Pennypack Creek. Located in the desirable Upper Moreland School District, this 5-bedroom home offers 1 full bath and 1 half bath, along with fantastic updates. You'll appreciate the new 24x24 pole barn and an 11x11 shed for your storage needs. Inside, fresh paint, new flooring, and modern kitchen cabinets add a contemporary touch. Recently replaced roof, heater, and well pump.  Step out onto the spacious deck in the lush backyard, perfect for outdoor gatherings. This home is also set up with a sub panel where whole home can be powered by a generator .The living room's gorgeous fireplace, adorned with built-in bookshelves, is a cozy focal point. Plus, with great potential for an in-law suite, this home is an opportunity waiting to be explored.

*** cabinets and stove have been installed after photos were taken.
Unit Size
2,901Ft²
Days on Market
77 days
Land Size
0.58 acres
Price per sqft
$171
Property Type
House
Property Taxes
$744
HOA Dues
-
Year Built
1958
Last updated: 4 months ago (Bright MLS #PAMC2086264)

Price History

Date / Event Date Event Price
Jan 31, 2024 Sold $495,000
Sold
Dec 10, 2023 In contract -
In contract
Nov 15, 2023 Listed by eXp Realty $495,000
Listed by eXp Realty
Discover the charm of this Colonial gem in Hatboro, nestled alongside the serene beauty of Pennypack Creek. Located in the desirable Upper Moreland School District, this 5-bedroom home offers 1 full bath and 1 half bath, along with fantastic updates. You'll appreciate the new 24x24 pole barn and an 11x11 shed for your storage needs. Inside, fresh paint, new flooring, and modern kitchen cabinets add a contemporary touch. Recently replaced roof, heater, and well pump. Step out onto the…
Dec 13, 2016 Sold to Brian J Larue $221,500
Sold to Brian J Larue

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Colonial
  • Exterior Walls Type: Asbestos shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 25,300
  • Lot Size Depth Feet: 1,490
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 2,901
  • Gross Building Area: 2,901
  • Building Area: 2,901
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,901
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: REVISION/SMULLEN & CO INC
  • Land Acres: 0.581
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: L PTS 20-21 U 21-22

Ownership

  • Current Owner : DRAKE LIAN
  • Current Owner 2: DRAKE DAMON
  • Previous Owner : LARUE BRIAN J
  • Owner Before Previous Owner: LEWIS ROBERT
  • Owner Before Previous Owner 2: LEWIS BARBARA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Upper Moreland Township School District
  • School Tax School District: UPR MORELND TWP
  • Census Tract: 200310

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 59-005A
  • District: 59
  • Parcel: 59-00-17122-00-9
  • Block: 5A
  • Lot: 21
  • Municipality: UPPER MORELAND TOWNSHIP
  • Latitude: 40.1543
  • Longitude: -75.1012

    Address

  • Full Address: 2535 Terwood Rd
  • Address - House Number: 2535
  • Address - Street Name: Terwood
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Hatboro
  • Carrier Code: C021
  • 4-Digit Zip Code: 4217
  • Zip Code: 19040

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $9,031
  • Tax Rate Code Area: 59

    Appraisal Valuation

  • Standard Deviation: 0.0865
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 93
  • Final Value: 488,340
  • High Value: 530,599
  • Low Value: 446,081

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $511,335
  • First Open Lien Mortgage Lender: LOANDEPOT.COM, LLC
  • First Open Lien Mortgage Recording Date: Feb 12, 2024
  • First Open Lien Mortgage Loan Amount: $511,335
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2054

    Market Valuation

  • Market Total Value: $190,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $190,000

    Sales

  • Current Sale Contract Date: Jan 31, 2024
  • Current Sale Recording Date: Feb 12, 2024
  • Current Sale Transaction ID: 11923166472
  • Current Sale Price: $495,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 6805
  • Previous Sale Recording Date: Dec 13, 2016
  • Previous Sale Contract Date: Dec 12, 2016
  • Previous Sale Amount: $221,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM, LLC
  • First Mortgage Transaction Date: Feb 12, 2024
  • First Mortgage Loan Amount: $511,335
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Feb 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • Previous Mortgage Transaction Date: Dec 13, 2016
  • Previous Mortgage Loan Amount: $210,425
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2047



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,403 ft²
$201/ft²
$482,000 Sep 28, 2023
$482,000 Dec 5, 2023
-
House
4 Beds
3 Baths
3,864 ft²
$131/ft²
$505,000 Apr 3, 2019
$505,000 Jan 13, 2020
-
House
4 Beds
4 Baths
3,978 ft²
$119/ft²
$475,000 May 31, 2019
$475,000 Sep 24, 2019
-
House
3 Beds
3 Baths
1,987 ft²
$252/ft²
$500,000 Feb 2, 2023
$500,000 Mar 13, 2023
-
In Contract
House
4 Beds
3 Baths
2,310 ft²
$227/ft²
$524,900 Nov 3, 2023
-
-
House
3 Beds
2 Baths
1,302 ft²
$326/ft²
$425,000 Nov 22, 2023
-
-
Commercial
Loft
-
-
$500,000 Dec 7, 2023
-
$1,123/mo

About Willow Grove


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Nearby Rentals

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Unit for rent at 32 Jessop Ln, HATBORO, PA, 19040

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32 Jessop Ln, HATBORO, PA, 19040 Listing by RH Advisors Bright


Frequently Asked Questions

When was property at 2535 Terwood Road built and last sold?
The property at 2535 Terwood Road was built in 1958 and last sold on Jan 31, 2024 for $495,000.
How much is this home worth?
The estimated value of the home located at 2535 Terwood Road is $499,950.
What are some comparable homes to 2535 Terwood Road?
There are currently no comparable homes to 2535 Terwood Road.

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