NOT LISTED FOR SALE

10 Hillside Ave Souderton, PA 18964

Estimated Value: $397,000 - $504,618

-- Bed
2 Baths
3,032 Sq Ft
$150/Sq Ft Est. Value

Last Sold February 19, 2024

Last sale price $417,100 $138 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,871/month

5 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 3-minute walk to Chestnut Street Park
  • West Broad Street Elementary School Rated A
  • Electric Baseboard Heater

About This Home

As of February 2024

This well maintained duplex in Souderton boasts a 1st floor 3BR/1BA Unit, and a 2nd & 3rd floor 4BR/1.5BA Unit. Both have private entrances out Front. Enter the 1st floor unit into the open floor plan with large LR, DR and Kitchen in the front half and 3BR's down the hall way at the rear along with a Full Bath. New Flooring and paint throughout. Partial remodel to the Bathroom and Kitchen. Unit 1 has an HVAC system with Central Air! There is access to the basement laundry at the end of the hall. Enter the 2nd floor unit off porch. There is a Separate LR. DR, and Kitchen here as well. Laundry is in Kitchen area for convenience. Partial remodel to Kitchen and Bath in this Apt as well. Vintage decorative wood floors in the living & dining rooms. New flooring and paint in most rooms. There are 3 BR's on this level. On the 3rd floor is a sitting room and a 4th private Bedroom with a Half Bath. All appliances in both units have been replaced in the past couple years, including a new refrigerator and stove at the end of last year. All utilities are split out and paid by tenants. Landlord pays sewer & trash. Landlord currently splits water bill between both tenants. New Roof in 2022, all 3 electric service lines, meters, and panels were replaced. 200A in both Apt's and 100A landlord panel. Windows were all capped, Exterior was painted, Water heater recently replaced, and a new PVC sewer line was installed w/vent & cleanout in basement from the home to the street connection. All the heavy lifting has been done, and it's fully occupied. Great location in downtown Souderton. Short walk to shopping, restaurants and in town movie theatre. Great investment to add to your portfolio!

Last Agent to Sell the Property

Peter Cerruti

(215) 429-7273 petecerruti@yahoo.com RE/MAX 440 - Quakertown License #RS219840L Listed on: 01/10/2024

Last Buyer's Agent

Millie Harpel

(305) 767-5935 millie@cliffmlewis.com EveryHome Realtors

EveryHome Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,422

Year Built

  • Built in 1920

Lot Details

  • 3,987 Sq Ft Lot
  • Lot Dimensions are 28.00 x 142.00

Home Design

  • 3,032 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Foundation

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • On-Street Parking
  • Parking Lot

Utilities

  • Central Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for common area maintenance, insurance, repairs, sewer, snow removal, real estate taxes, trash collection
  • Tax Lot 44
  • Assessor Parcel Number 21-00-04148-007

Community Details

Overview

  • 2 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $2,065
  • Maintenance Expense $3,150
  • Other Expense $1,800
  • Trash Expense $900
  • Operating Expense $13,181
  • Gross Income $45,000
  • Net Operating Income $31,819

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,422

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, Washer & Dryer in both units in AS IS condition.
  • New Construction: No
  • Other Expense: 1800.00
  • Year Built: 1920
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Room Count: 17
  • Total Sq Ft: 3032
  • Living Area Sq Ft: 3032
  • Price Per Sq Ft: 131.89
  • Above Grade Finished Sq Ft: 3032
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Parking Lot, On Street
  • Parking Lot Number Of Spaces: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Central, Electric
  • Heating Type: Baseboard - Electric, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: SOUDERTON AREA
  • School District Key: 300200397037
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 1132
  • Lot Size Acres: 0.09
  • Lot Dimensions: 28.00 x 142.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3987.00
  • Year Assessed: 2023
  • Zoning: R3
  • Zoning Description: Duplex

Rental Info

  • Owner Pays: Common Area Maintenance, Insurance, Repairs, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection
  • Total Actual Rent: 45000.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 3978.00
  • Tax Annual Amount: 5422.00
  • Assessor Parcel Number: 21-00-04148-007
  • Tax Lot: 44
  • Tax Total Finished Sq Ft: 3032
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/19/2024

Multi Family

  • Gross Income: 45000.00
  • Gross Scheduled Income: 45000.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 13181.04
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: SOUDERTON AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2020
Closed on
Dec 21, 2020
Sold by
G2 Holdings Lp
Bought by
Blockson Timothy L
Seller's Agent
Daryl Radcliff
RE/MAX Reliance
Buyer's Agent
Peter Cerruti
RE/MAX 440 - Quakertown
List Price
$249,900
Sold Price
$220,000
Premium/Discount to List
-$29,900
-11.96%
Current Estimated Value
$455,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,405
Avg. Annual Appreciation
16.44%
Original Mortgage
$281,212
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 16, 2017
Sold by
Goshow David O and Goshow Beverly B
Bought by
G2 Holdings Lp

Purchase Details

Closed on
Jan 16, 1976
Bought by
Goshow David O and Goshow Beverly B
Source: Public Records

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
Blockson Timothy L $220,000 None Available
G2 Holdings Lp $120,000 None Available
Goshow David O $29,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blockson Timothy L $281,212
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2024 02/19/24 Sold $417,100 +4.3% $138 / Sq Ft
01/15/2024 01/15/24 Pending -- -- --
01/10/2024 01/10/24 For Sale $399,900 +81.8% $132 / Sq Ft
12/22/2020 12/22/20 Sold $220,000 -6.3% $73 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
10/08/2020 10/08/20 Price Changed $234,900 -4.1% $77 / Sq Ft
08/18/2020 08/18/20 Price Changed $244,900 -2.0% $81 / Sq Ft
07/07/2020 07/07/20 For Sale $249,900 +13.6% $82 / Sq Ft
05/27/2020 05/27/20 Off Market $220,000 -- --
05/20/2020 05/20/20 For Sale $249,900 0.0% $82 / Sq Ft
05/01/2020 05/01/20 Pending -- -- --
04/27/2020 04/27/20 For Sale $249,900 0.0% $82 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
02/17/2020 02/17/20 For Sale $249,900 -- $82 / 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
2025 $5,489 $121,570 $44,480 $77,090
2024 $5,489 $121,570 $44,480 $77,090
2023 $5,162 $121,570 $44,480 $77,090
2022 $5,020 $121,570 $44,480 $77,090
2021 $4,898 $121,570 $44,480 $77,090
2020 $4,824 $121,570 $44,480 $77,090
2019 $4,772 $121,570 $44,480 $77,090
2018 $1,138 $121,570 $44,480 $77,090
2017 $4,637 $121,570 $44,480 $77,090
2016 $4,590 $121,570 $44,480 $77,090
2015 $4,507 $121,570 $44,480 $77,090
2014 $4,507 $121,570 $44,480 $77,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2092596

Bright MLS

APN: 21-00-04148-007