$349,900
3 bd|1 ba|1,137 sqft
1517 Reservoir Ave, Abington, PA 19001
Listed by BHHS Fox & Roach-Jenkintown
For Sale
Listing description
Renovation Opportunity in North Wales — Estate Sale, All Offers due 9/19/26 Bring your vision to 401 Lower State Road! Offered as an estate sale, as-is, where-is, this property presents an excellent opportunity for an owner-occupant looking to create a home tailored to their own taste, as well as an investor seeking a renovation project with potential. The property requires significant updating and renovation, offering the next owner the opportunity to reimagine the existing space and add value through thoughtful improvements. The interior and exterior provide a blank canvas for someone with vision to transform the property into a comfortable and personalized home. The existing pool is currently not functional and should be considered as part of the overall renovation plans. A buyer may choose to renovate the pool or explore alternative uses for the outdoor area. For an end user, this is an opportunity to create a home designed to suit their own needs and preferences. For an investor, the property offers the potential to renovate and reposition the home for resale or long-term investment. This is an estate sale and the property is being offered strictly AS-IS, WHERE-IS. The property requires significant renovation. Buyer is responsible for conducting all inspections and due diligence regarding the condition of the property, renovations, permits, zoning, and potential improvements. A property with potential for those willing to put in the work, imagination, and investment to bring it to its next chapter.
Facts & features
Interior
- Bedrooms
- 3
- Bathrooms
- 2 full · 1 half
- Living area
- 1,800 sq ft
- Heating
- 90% Forced Air
- Cooling
- Central A/C
Property & construction
- Property type
- Residential · Detached
- Architectural style
- Split Level
- Year built
- 1981
Lot & parking
- Lot size
- 1.29 acres (56,400 sq ft)
- Garage
- 1 space
Financial
- Price / sq ft
- $194
- HOA dues
- None
Listing details
- MLS #
- PAMC2194408
- County
- Montgomery County
- School district
- Hatboro-Horsham
- Days on NookLocal
- 5 days
Interior features
- Basement
- Full
- Levels
- 2
- Accessibility
- None
Exterior & construction
- Construction
- Vinyl Siding, Frame
- Roof
- Architectural Shingle
- Foundation
- Block
Systems & utilities
- Heating fuel
- Natural Gas
- Cooling fuel
- Electric
- Hot water
- Electric
- Water source
- Public
- Sewer
- Public Sewer
Parking
- Parking
- Attached Garage, Driveway, Off Street
- Garage type
- Additional Storage Area, Garage - Front Entry, Inside Access
- Total spaces
- 5
- Driveway spaces
- 4
Community
- Subdivision
- NONE AVAILABLE
Lot & zoning
- Zoning
- RESIDENTIAL
Included in the sale
- Possession
- 0-30 Days CD
Price history
| Date | Event | Price |
|---|---|---|
| Sep 14, 2026 | Listed for sale | $350,000 |
Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.
The NookLocal estimate
Estimated value
$565,000
Automated estimate, not an appraisal. Sale records through July 2026.
About this estimate
Based on 10 comparable sales nearby, the Montgomery County assessment ratio, weighted toward the current asking price.
- Current list price
- $350,000
- County assessment implies
- $533,356
- Est. property taxes at today's rates
- $6,504/yr
Comparable Sales
| Address | Closed | Sale price | Bd/Ba | Sqft | Adjusted value |
|---|---|---|---|---|---|
| 326 CHESTNUT LN, AMBLER, PA 19002 | December 2025 | $700,000 | 3/2 | 1,782 | $785,390 |
| 12 PEBBLE DR, HORSHAM, PA 19044 | September 2026 | $530,000 | 3/2 | 1,808 | $578,751 |
| 1209 HORSHAM RD, AMBLER, PA 19002 | February 2025 | $470,000 | 3/2 | 1,736 | $556,723 |
| 218 GERRY WAY #247, AMBLER, PA 19002 | February 2026 | $954,000 | 3/2 | 1,900 | $1,016,202 |
| 206 CHESTNUT LN, NORTH WALES, PA 19454 | August 2025 | $680,000 | 3/2 | 1,986 | $698,424 |
| 249 RUSH LN, AMBLER, PA 19002 | September 2026 | $855,000 | 2/2 | 1,881 | $896,294 |
Estimated taxes
Estimated at current rates
$6,504 / year
≈ $542 per month
MLS shows (2026)
$6,941
-6.3% at current rates
School tax
HATBORO-HORSHAM · 34.97 mills (2025-26)
$5,558
County tax
Montgomery County · 5.95 mills (2026)
$946
Municipal tax
Not reported in the MLS feed
—
Assessment note: this home appears assessed above what its asking price implies at the county's common level ratio. The next owner may have a case for an assessment appeal worth roughly $2,236/year.
Recomputed from the county assessment ($158,940, 1996 base year) × current millage. School millage is from the latest year certified by the Pennsylvania Department of Education (2025-26); districts adopt the next year's budgets each June, and we update when the state certifies the statewide file in the fall. Portals typically reprint the recorded 2026 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.
Estimated monthly payment calculator
$70,000 (20%)
6.43%
Loan term
Estimated monthly payment
$2,401/mo
- Principal & interest
- $1,757
- Property taxes (current rates)
- $542
- Home insurance (est.)
- $102
Taxes use NookLocal's estimate at current millage rates, not the stale figure on the MLS. The default rate is the average 30-year rate as of July 2026; insurance is estimated at 0.35% of the price per year. Below 20% down, lenders usually add mortgage insurance, which this estimate doesn't include. Estimate only; verify before relying on it.
Area statistics
School district
Hatboro-Horsham
- Academic index
- 67.7/100
- Graduation rate
- 98.8%
- PSSA ELA proficient
- 57.2%
- PSSA Math proficient
- 51%
2025 PA state assessments (PSSA / Keystone) and graduation data. The index measures student outcomes, not school effectiveness, and is not adjusted for demographics. Districts serve all residents; verify enrollment boundaries with the district.
Safety data
Montgomery County crime & safety numbers →
County figures from FBI and Pennsylvania source data.
Property taxes
Montgomery County taxes, explained →
Millage, the Common Level Ratio, and what changes after you buy.
Map location
Open in Google Maps© BRIGHT, All Rights Reserved
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: September 19, 2026 at 2:10 PM EDT
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