
$279,975
224 W 5th St, Lansdale, PA 19446
Listed by RE/MAX Reliance
Welcome to 331 Elm Ave in the heart of North Wales Borough — a charming and well-maintained historic home that perfectly blends timeless character with thoughtful updates. This spacious 4-bedroom, 1-bath residence offers over 1,300 square feet of living space, featuring high ceilings, abundant natural light, and a warm, inviting layout. Fresh paint and updated drywall throughout the home provide a clean, move-in-ready feel, while brand new carpeting on the second floor adds comfort and a modern touch. The main level offers a generously sized living room and formal dining area—ideal for entertaining—along with a functional kitchen and convenient access to additional storage and laundry space. Upstairs, you’ll find well-proportioned bedrooms plus a finished walk-up attic that serves as a versatile fourth bedroom, home office, or flex space. Outside, enjoy a large rear yard with plenty of room for outdoor entertaining, gardening, or relaxing. The property also features ample off-street parking in the back via alley access—an added convenience rarely found in the borough. Situated on a quiet street just a short walk to Main Street, local shops, restaurants, parks, and the SEPTA train station, this home offers both charm and convenience. Located within the highly rated North Penn School District, it’s an ideal opportunity for buyers seeking character, space, and location. Whether you're a first-time buyer, investor, or someone looking to own a piece of North Wales history, this home is a must-see.
| Date | Event | Price |
|---|---|---|
| Jun 22, 2026 | Price reduced | $289,900 |
| Jun 15, 2026 | Listed for sale | $299,900 |
Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.
Estimated value
$310,070
Automated estimate, not an appraisal.
Based on 10 comparable sales nearby, the Montgomery County assessment ratio, weighted toward the current asking price.
| Address | Closed | Sale price | Bd/Ba | Sqft | Adjusted value |
|---|---|---|---|---|---|
| 321 ELM AVE, NORTH WALES, PA 19454 | September 2024 | $365,000 | 4/1 | 1,398 | $386,735 |
| 118 ELM AVE, NORTH WALES, PA 19454 | October 2024 | $340,000 | 4/1 | 1,401 | $365,585 |
| 313 SHEARER ST, NORTH WALES, PA 19454 | April 2025 | $352,430 | 3/1 | 1,389 | $367,727 |
| 125 S 3RD ST, NORTH WALES, PA 19454 | June 2025 | $275,000 | 4/1 | 1,560 | $262,993 |
| 306 W WALNUT ST, NORTH WALES, PA 19454 | October 2025 | $305,000 | 3/1 | 1,216 | $367,068 |
| 101 S 7TH ST, NORTH WALES, PA 19454 | July 2024 | $450,000 | 3/1 | 1,250 | $516,032 |
Estimated at current rates
$4,389 / year
≈ $366 per month
MLS shows (2025)
$4,272
+2.7% at current rates
School tax
NORTH PENN · 32.20 mills (2025-26)
$3,063
County tax
Montgomery County · 5.95 mills (2026)
$566
Municipal tax
As recorded for 2025 — varies by municipality
$760
Recomputed from the county assessment ($95,120, 1996 base year) × current millage — portals typically reprint the recorded 2025 bill. Pennsylvania does not reassess on sale. Estimate only — verify with Montgomery County before relying on it. Learn more: PA property tax calculator · Common Level Ratio by county.
Loan term
Estimated monthly payment
$1,955/mo
Taxes use NookLocal's estimate at current millage rates, not the stale figure on the MLS. Estimate only; verify before relying on it.
School district
North Penn
2025 PA state assessments (PSSA / Keystone) and graduation data. Districts serve all residents; verify enrollment boundaries with the district.
Safety data
Montgomery Countycrime & safety numbers →
FBI and Pennsylvania source data, presented without spin.
Property taxes
Montgomery County taxes, explained →
Millage, the Common Level Ratio, and what changes after you buy.
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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 United Real Estate Strive 212 participates, and is provided by BRIGHT through a licensing agreement.
IDX listings are displayed pursuant to broker of record United Real Estate Strive 212 — Frank Ramos, Broker/Owner, PA Broker License RM424345, 1220 Broadcasting Rd, Suite 201, Wyomissing, PA 19610, (610) 372-0212.
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 Closed or are no longer being offered for sale.
Data last updated: July 4, 2026 at 2:29 AM EDT
Our concierge desk does a 1-on-1 needs analysis with you, then hand-picks a vetted North Wales agent or lender, not whoever paid for your ZIP. Free, no obligation.