NOT LISTED FOR SALE

1050 Pike Springs Rd Phoenixville, PA 19460

-- Bed
-- Bath
3,000 Sq Ft
5 Acres

Last Sold April 20, 2020

Last sale price $385,000 $128 Per Sq Ft

Highlights

  • 5 Acre Lot
  • Wood Flooring
  • En-Suite Primary Bedroom
  • Phoenixville Area High School Rated A-
  • No HOA
  • Hot Water Heating System

About This Home

As of April 2020

Flexible and unique commercial property on five acre parcel with over 600 feet of frontage on heavily traveled section of Route 113 (12,000 car average daily volume) situated just minutes from village of Kimberton and Phoenixville borough. Property includes historic stone farmhouse with three occupied apartment units, 22x15 office space with dedicated entrance and 30 x 40 board and batten barn with electric. Apartment 1 is a studio apartment with full bath, kitchen and dedicated porch entrance and generates monthly income of $500 - heat and electric included. Apartment 2, also with dedicated entrance, is located in 1960's extension and includes deck into mudroom entrance, two bedrooms, living room, kitchen and dining area and bath and generates $900 per month including heat - tenant pays separately metered electric. Access apartment 3 at the rear of the building via a large deck and garden area. This two floor unit includes mudroom, two bedrooms, bath, living room and eat in kitchen and generates $1150 per month including heat (second floor area not heated) - tenant pays electric. Separate shared lower level laundry / storage space with dedicated entrance available to all tenants. Total current monthly income from apartment units is $2600. Office and barn could generate additional combined monthly income of $1500 (included in Gross Annual Income), or rent them separately. AP zoning accommodates, commercial horse stables, multi family use, veterinary hospital and a number of other potential uses. Subdivision possibilities may exist - please contact East Pikeland Township directly with any and all zoning questions.

Last Agent to Sell the Property

Meredith Jacks

Styer Real Estate License #RM423640 Listed on: 06/07/2018

Co-Listed By

Trish Keegan

Styer Real Estate License #RS332816

Last Buyer's Agent

Mary Jane Doyle

Engel & Völkers License #AB066784

Engel & Völkers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,452

Year Built

  • Built in 1901

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 670x519x514x268

Home Design

  • 3,000 Sq Ft Home
  • Quadruplex
  • Stone Foundation
  • Pitched Roof
  • Shingle Roof
  • Stone Siding
  • Stucco

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry

Schools

  • Phoenixville Area Middle School
  • Phoenixville Area High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Hot Water Heating System
  • Well
  • Oil Water Heater
  • On Site Septic

Listing and Financial Details

  • Tax Lot 0033
  • Assessor Parcel Number 26-04 -0033

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $2,700
  • Maintenance Expense $1,600
  • Operating Expense $14,952

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,452

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Air Conditioning Window Units, Window Hardware
  • Home Warranty: No
  • Inclusions: Refrigerators, Washer, Dryer
  • New Construction: No
  • Storage: Basement
  • Year Built: 1901
  • Remarks Public: Flexible and unique commercial property on five acre parcel with over 600 feet of frontage on heavily traveled section of Route 113 (12,000 car average daily volume) situated just minutes from village of Kimberton and Phoenixville borough. Property includes historic stone farmhouse with three occupied apartment units, 22x15 office space with dedicated entrance and 30 x 40 board and batten barn with electric. Apartment 1 is a studio apartment with full bath, kitchen and dedicated porch entrance and generates monthly income of $500 - heat and electric included. Apartment 2, also with dedicated entrance, is located in 1960's extension and includes deck into mudroom entrance, two bedrooms, living room, kitchen and dining area and bath and generates $900 per month including heat - tenant pays separately metered electric. Access apartment 3 at the rear of the building via a large deck and garden area. This two floor unit includes mudroom, two bedrooms, bath, living room and eat in kitchen and generates $1150 per month including heat (second floor area not heated) - tenant pays electric. Separate shared lower level laundry / storage space with dedicated entrance available to all tenants. Total current monthly income from apartment units is $2600. Office and barn could generate additional combined monthly income of $1500 (included in Gross Annual Income), or rent them separately. AP zoning accommodates, commercial horse stables, multi family use, veterinary hospital and a number of other potential uses. Subdivision possibilities may exist - please contact East Pikeland Township directly with any and all zoning questions.
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Interior Amenities: Store/Office
  • Fireplace: No
  • Entry Location: Private
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial, Unfinished, Outside Entrance
  • Laundry Type: Common, Has Laundry
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 145.83
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1050

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco, Stone
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Annual Heating Expense: 3200.00
  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Expense: 2700.00
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: PHOENIXVILLE AREA
  • Middle School: PHOENIXVILLE AREA
  • High School: PHOENIXVILLE AREA
  • School District Key: 300200397340
  • High School: PHOENIXVILLE AREA
  • Middle Or Junior School: PHOENIXVILLE AREA

Lot Info

  • Improvement Assessed Value: 128500.00
  • Land Assessed Value: 82440.00
  • Land Use Code: R30
  • Lot Size Acres: 5.00
  • Lot Dimensions: 670X519X514X268
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 217800.00
  • Zoning: R1/AP

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 49200.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

Tax Info

  • Assessor Parcel Number: 264512
  • Tax Annual Amount: 7452.00
  • Assessor Parcel Number: 26-04 -0033
  • Tax Lot: 0033
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 04/20/2020

MLS Schools

  • School District Name: PHOENIXVILLE AREA

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2020 04/20/20 Sold $385,000 -12.0% $128 / Sq Ft
02/29/2020 02/29/20 Pending -- -- --
12/06/2019 12/06/19 For Sale $437,500 +13.6% $146 / Sq Ft
12/01/2019 12/01/19 Off Market $385,000 -- --
06/02/2019 06/02/19 For Sale $437,500 +13.6% $146 / Sq Ft
06/01/2019 06/01/19 Off Market $385,000 -- --
04/17/2019 04/17/19 Price Changed $437,500 -7.9% $146 / Sq Ft
01/30/2019 01/30/19 Price Changed $475,000 -2.1% $158 / Sq Ft
06/07/2018 06/07/18 For Sale $485,000 -- $162 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001799736

Bright MLS