NOT LISTED FOR SALE

1079 Mill Creek Rd Newtown, PA 18940

Buckingham Neighborhood

Estimated Value: $569,000 - $878,647

-- Bed
2 Baths
4,896 Sq Ft
$154/Sq Ft Est. Value

Last Sold February 10, 2017

Last sale price $475,000 $97 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,674/month

34 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • En-Suite Primary Bedroom
  • Wrightstown Elementary School Rated A-
  • Cooling System Mounted In Outer Wall Opening
  • Ceiling Fan

About This Home

As of February 2017

GREAT INVESTMENT OPPORTUNITY! Add this to your portfolio. This 5 unit apartment building has great income and great tenants! This property is priced to sell! It does have a new shared septic treatment plant and a shared parking lot. Newer Roof(2012) New Vinyl Siding(2013), Septic Treatment System(2012). This is a must see! It won't last!

Last Listed By

Andy Kowalski

Opus Elite Real Estate Listed on: 11/19/2016

Opus Elite Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,455

Year Built

  • Built in 1780

Lot Details

  • 0.5 Acre Lot
  • Property is in good condition

Home Design

  • Flat Roof Shape
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • En-Suite Primary Bedroom
  • 4,896 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Parking

  • Shared Driveway
  • Parking Lot

Schools

  • Council Rock High School North

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Baseboard Heating
  • 200+ Amp Service
  • Well
  • Natural Gas Water Heater
  • On Site Septic
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 023
  • Assessor Parcel Number 53-003-023

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $1,500
  • Insurance Expense $2,800
  • Maintenance Expense $3,000
  • Operating Expense $15,055

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,455

Year Built

Built in 1780

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenant Property
  • New Construction: No
  • Storage: Basement
  • Year Built: 1780
  • Remarks Public: GREAT INVESTMENT OPPORTUNITY! Add this to your portfolio. This 5 unit apartment building has great income and great tenants! This property is priced to sell! It does have a new shared septic treatment plant and a shared parking lot. Newer Roof(2012) New Vinyl Siding(2013), Septic Treatment System(2012). This is a must see! It won't last!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 4896
  • Living Area Sq Ft: 4896
  • Price Per Sq Ft: 107.23
  • Above Grade Finished Sq Ft: 4896
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1079

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Shared Driveway
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Expense: 1500.00
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Gas, Electric, Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 3300.00
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: COUNCIL ROCK
  • High School: COUNCIL ROCK HIGH SCHOOL NORTH
  • School District Key: 300200397420
  • High School: COUNCIL ROCK HIGH SCHOOL NORTH

Lot Info

  • Improvement Assessed Value: 24120.00
  • Land Assessed Value: 5920.00
  • Land Use Code: 1001
  • Lot Size Acres: 0.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21780.00
  • Property Condition: Good
  • Zoning: VR1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 56400.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

Tax Info

  • Assessor Parcel Number: 218045
  • Tax Annual Amount: 4455.00
  • Assessor Parcel Number: 53-003-023
  • Tax Lot: 023
  • Tax Year: 2016
  • Close Date: 02/10/2017

MLS Schools

  • School District Name: COUNCIL ROCK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2016
Closed on
Feb 28, 2017
Sold by
Sevenstar Llc
Bought by
A C Dell Properties L L C
Seller's Agent
Andy Kowalski
Opus Elite Real Estate
Buyer's Agent
Andy Kowalski
Opus Elite Real Estate
List Price
$525,000
Sold Price
$475,000
Premium/Discount to List
-$50,000
-9.52%
Total Days on Market
34
Current Estimated Value
$755,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,912
Avg. Annual Appreciation
5.01%
Original Mortgage
$356,250
Outstanding Balance
$299,089
Interest Rate
4.19%
Mortgage Type
Commercial
Estimated Equity
$413,638

Purchase Details

Closed on
Aug 29, 2012
Sold by
Dougherty Kevin P
Bought by
Sevenstar Limited Liability Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.56%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 16, 2010
Sold by
Fulton Bank Na
Bought by
Dougherty Kevin P

Purchase Details

Closed on
Sep 30, 2009
Sold by
Mill Creek Management & Investments Llc
Bought by
Fulton Bank

Purchase Details

Closed on
Jul 24, 1996
Sold by
Mckissock William T and Jones Furman T
Bought by
Mckissock William T

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
A C Dell Properties L L C $475,000 None Available
Sevenstar Limited Liability Company $450,000 None Available
Dougherty Kevin P $350,000 None Available
Fulton Bank -- None Available
Mckissock William T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open A C Dell Properties L L C $356,250
Closed A C Dell Properties Llc $356,250
Previous Owner Sevenstar Limited Liability Company $315,000
Previous Owner Mill Creek Management & Investments Llc $22,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2017 02/10/17 Sold $475,000 -9.5% $97 / Sq Ft
12/23/2016 12/23/16 Pending -- -- --
11/19/2016 11/19/16 For Sale $525,000 0.0% $107 / Sq Ft
07/15/2014 07/15/14 Rented $900 0.0% --
06/30/2014 06/30/14 Under Contract -- -- --
05/12/2014 05/12/14 For Rent $900 -- --
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
2024 $5,305 $30,040 $5,920 $24,120
2023 $5,081 $30,040 $5,920 $24,120
2022 $5,031 $30,040 $5,920 $24,120
2021 $4,953 $30,040 $5,920 $24,120
2020 $4,836 $30,040 $5,920 $24,120
2019 $4,725 $30,040 $5,920 $24,120
2018 $4,638 $30,040 $5,920 $24,120
2017 $4,455 $30,040 $5,920 $24,120
2016 $4,455 $30,040 $5,920 $24,120
2015 -- $30,040 $5,920 $24,120
2014 -- $30,040 $5,920 $24,120
Source: Public Records

Agents Affiliated with this Home

  • Andy Kowalski

    Seller's Agent in 2017

    Andy Kowalski

    Opus Elite Real Estate

    (215) 346-6022

    3 in this area

    103 Total Sales

    Andy Kowalski
    Section Image
  • Felix Portman

    Seller's Agent in 2014

    Felix Portman

    Onyx Management Group

    (215) 953-0363

    47 Total Sales

    Felix Portman
    Section Image
  • Jennifer Adams

    Buyer's Agent in 2014

    Jennifer Adams

    Keller Williams Real Estate-Horsham

    (267) 640-8448

    43 Total Sales

    Jennifer Adams
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002597201

Bright MLS

APN: 53-003-023

Pennsylvania Bucks County Newtown 18940 Buckingham

1079 Mill Creek Rd, Newtown, PA

Homes for Sale in Newtown, PA

This home is located at 1079 Mill Creek Rd, Newtown, PA 18940 since 19 November 2016 and is currently estimated at $755,912, approximately $154 per square foot. This property was built in 1780. 1079 Mill Creek Rd is a home located in Bucks County with nearby schools including Wrightstown Elementary School, Newtown Middle School, and Council Rock High School North.

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