For more information regarding the value of a property, please contact us for a free consultation.
1127 MAGAZINE ROAD Green Lane, PA 18054
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $234,600
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,543 sqft
Price per Sqft $152
Subdivision None Available
MLS Listing ID PAMC2019492
Sold Date 05/10/22
Style Cape Cod
Bedrooms 3
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 1,543
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $1,700
Tax Year 2021
Property Description
Property is a former Summer Camp now owned by a multiple party partnership which owns the entire 13.8 acre parcel The subject house was occupied by the camp manager and is equipped for year around occupancy. The other units in the camp are seasonal cabins and used during the summer months. Purchaser would receive a contract to prove ownership; not a deed of the subject house, along with a 20% ownership interest in the property acreage. As such, mortgage and commercial financing is probably not available. Acreage is located along the Unami Creek offering fishing and hiking for property owners. Subject home is located within flood zone so flood insurance would be advisable. House is in great condition with 3 bedrooms. Lower level bonus room( former camp store) could be an additional bedroom or whatever you need it to be. Home features Andersen windows, newer carpet, and fresh paint. Scenic location with historic bridge across the Unami Creek and Wetzel Mill(currently being restored) within 100 feet of house location. With the wooded property and rural setting, you'll feel like you're living in the Pocono's. Home was most recently used as a rental property at $1500/month which remains one possibility along with a weekend retreat for those living a metropolitan lifestyle but long for a place to "get away from it all" whenever possible. Don't forget, as the new home owner, you would also own a 20% interest in the 13.8 acre lot. The partners have a formal written agreement and share in the real estate taxes and liability insurance. For the owners of the subject home this amounted to $1700 for the tax year 2021. Where else can you enjoy a quality home like this and have an annual tax bill under $2000? Buy now and you'll be ready for the coming Trout Season.
Location
State PA
County Montgomery
Area Marlborough Twp (10645)
Zoning COMMERCIAL
Rooms
Other Rooms Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Bonus Room
Basement Interior Access, Sump Pump, Unfinished
Main Level Bedrooms 1
Interior
Interior Features Ceiling Fan(s)
Hot Water Propane
Heating Baseboard - Electric
Cooling None
Flooring Fully Carpeted, Vinyl
Equipment Built-In Range, Dishwasher
Furnishings No
Fireplace N
Window Features Insulated,Replacement
Appliance Built-In Range, Dishwasher
Heat Source Electric
Exterior
Parking Features Additional Storage Area
Garage Spaces 5.0
Amenities Available None
Water Access N
Roof Type Asphalt
Accessibility None
Total Parking Spaces 5
Garage Y
Building
Story 1.5
Foundation Block
Sewer Grinder Pump, Public Sewer
Water Well
Architectural Style Cape Cod
Level or Stories 1.5
Additional Building Above Grade
Structure Type Dry Wall
New Construction N
Schools
School District Upper Perkiomen
Others
HOA Fee Include None
Senior Community No
Tax ID NO TAX RECORD
Ownership Cooperative
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
Read Less
Bought with Alisha Mathias • BHHS Fox & Roach-Collegeville