NOT LISTED FOR SALE

1113 Vincent Rd Warrington, PA 18976

Estimated Value: $372,000 - $425,000

-- Bed
2 Baths
1,996 Sq Ft
$204/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $265,000 $133 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,434/month

Highlights

  • No HOA
  • Shed
  • En-Suite Primary Bedroom
  • Tamanend Middle School Rated A-
  • Tile or Brick Flooring
  • Central Air

About This Home

As of May 2017

Amazing investment opportunity that is both cash flowing from the on-set and turn-key. Great for an investor who doesn't want to do work or someone looking to be an owner/occupant and have the other unit pay the mortgage. Why pay rent when you can own?! Each unit has been remodeled and has newer carpeting, flooring, windows, kitchen and baths. Each kitchen has new cabinetry, granite counter tops, glass tile back-splash and stainless steel appliances. Each unit is outfitted with washer/dryer and have central air. Both units have their own fenced in yard. Never an issue finding a tenant, the toughest thing is deciding who gets the unit as these units rent quickly and above the local averages. Between the two units, over $25,000 of annual income. This duplex is ideally located across from tennis and tot lot. Close proximity to shopping, major travel arteries and more. Owner can settle quickly

Last Agent to Sell the Property

Frank Blumenthal

(215) 290-0402 proudtwinsdad@comcast.net Keller Williams Real Estate Tri-County Listed on: 04/09/2017

Keller Williams Real Estate Tri-County

Co-Listed By

NADINE PEZZOTTA

nadinepezzotta@hotmail.com Keller Williams Real Estate Tri-County

Last Buyer's Agent

John Spognardi

(215) 431-8282 johnspognardi@gmail.com RE/MAX Signature

RE/MAX Signature

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,782

Year Built

  • Built in 1980

Lot Details

  • Lot Dimensions are 56x129
  • Property is in good condition

Parking

  • Parking Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,996 Sq Ft Home
  • Storage In Attic

Flooring

  • Wall to Wall Carpet
  • Tile or Brick

Outdoor Features

  • Shed
  • Storage Shed

Schools

  • Mill Creek Elementary School
  • Tamanend Middle School
  • Central Bucks High School South

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 350
  • Assessor Parcel Number 50-025-350

Community Details

Overview

  • No Home Owners Association
  • Willow Knoll Subdivision

Building Details

  • Operating Expense $2,782

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,782

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Attic, Shed
  • Year Built: 1980
  • Remarks Public: Amazing investment opportunity that is both cash flowing from the on-set and turn-key. Great for an investor who doesn't want to do work or someone looking to be an owner/occupant and have the other unit pay the mortgage. Why pay rent when you can own?! Each unit has been remodeled and has newer carpeting, flooring, windows, kitchen and baths. Each kitchen has new cabinetry, granite counter tops, glass tile back-splash and stainless steel appliances. Each unit is outfitted with washer/dryer and have central air. Both units have their own fenced in yard. Never an issue finding a tenant, the toughest thing is deciding who gets the unit as these units rent quickly and above the local averages. Between the two units, over $25,000 of annual income. This duplex is ideally located across from tennis and tot lot. Close proximity to shopping, major travel arteries and more. Owner can settle quickly
  • Special Features: VirtualTour

Interior Features

  • Flooring Type: Fully Carpeted, Tile/Brick
  • Fireplace: No
  • Entry Location: Foyer
  • Room List: Primary Bedroom
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1996
  • Living Area Sq Ft: 1996
  • Price Per Sq Ft: 132.77
  • Above Grade Finished Sq Ft: 1996
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1113

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CENTRAL BUCKS
  • Elementary School: MILL CREEK
  • Middle School: TAMANEND
  • High School: CENTRAL BUCKS HIGH SCHOOL SOUTH
  • School District Key: 300200397327
  • Elementary School: MILL CREEK
  • High School: CENTRAL BUCKS HIGH SCHOOL SOUTH
  • Middle Or Junior School: TAMANEND

Lot Info

  • Improvement Assessed Value: 13320.00
  • Land Assessed Value: 4000.00
  • Land Use Code: 1006
  • Lot Dimensions: 56X129
  • Lot Size Units: Square Feet
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 25408.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 206254
  • Tax Annual Amount: 2782.00
  • Assessor Parcel Number: 50-025-350
  • Tax Lot: 350
  • Tax Year: 2017
  • Close Date: 05/05/2017

MLS Schools

  • School District Name: CENTRAL BUCKS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2017
Closed on
Apr 28, 2017
Sold by
Coogan John and Coogan Cindy
Bought by
Kimpship Inc
Seller's Agent
Frank Blumenthal
Keller Williams Real Estate Tri-County
Buyer's Agent
John Spognardi
RE/MAX Signature
List Price
$265,000
Sold Price
$265,000
Current Estimated Value
$407,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,181
Avg. Annual Appreciation
5.23%

Purchase Details

Listed on
Feb 17, 2012
Closed on
Mar 26, 2012
Sold by
The Bank Of New York Mellon
Bought by
Coogan John and Coogan Cindy
Seller's Agent
Lee Abrams
Higgins & Welch Real Estate, Inc.
Buyer's Agent
Lee Abrams
Higgins & Welch Real Estate, Inc.
List Price
$146,900
Sold Price
$159,000
Premium/Discount to List
$12,100
8.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%
Original Mortgage
$127,200
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2010
Sold by
Stanchek Robert
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Jun 13, 2006
Sold by
Slaughter Michael
Bought by
Stanchek Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
6.58%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 15, 1998
Sold by
Moreira Carlos A and Moreira Casimiro P
Bought by
Slaughter Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,585
Interest Rate
6.89%
Mortgage Type
VA
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
Kimpship Inc $265,000 Essex Abstract Inc
Coogan John $159,000 None Available
The Bank Of New York Mellon $1,160 None Available
Stanchek Robert $230,000 None Available
Slaughter Michael $94,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coogan John $127,200
Previous Owner Stanchek Robert $46,000
Previous Owner Stanchek Robert $184,000
Previous Owner Slaughter Michael $96,585
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2017 05/05/17 Sold $265,000 0.0% $133 / Sq Ft
04/10/2017 04/10/17 Pending -- -- --
04/09/2017 04/09/17 For Sale $265,000 +66.7% $133 / Sq Ft
04/05/2012 04/05/12 Sold $159,000 +8.2% $80 / Sq Ft View Prior Sale
02/28/2012 02/28/12 Pending -- -- --
02/17/2012 02/17/12 For Sale $146,900 -- $74 / 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 $3,197 $17,320 $4,000 $13,320
2024 $3,197 $17,320 $4,000 $13,320
2023 $2,960 $17,320 $4,000 $13,320
2022 $2,902 $17,320 $4,000 $13,320
2021 $2,869 $17,320 $4,000 $13,320
2020 $2,869 $17,320 $4,000 $13,320
2019 $2,852 $17,320 $4,000 $13,320
2018 $2,820 $17,320 $4,000 $13,320
2017 $2,782 $17,320 $4,000 $13,320
2016 $2,774 $17,320 $4,000 $13,320
2015 -- $17,320 $4,000 $13,320
2014 -- $17,320 $4,000 $13,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002611841

Bright MLS

APN: 50-025-350