NOT LISTED FOR SALE

1122 Queen St Pottstown, PA 19464

East End South Neighborhood

Estimated Value: $223,000 - $279,268

Studio
2 Baths
1,964 Sq Ft
$129/Sq Ft Est. Value

Last Sold September 11, 2019

Last sale price $124,900 $64 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,738/month

10 Days on Market

Highlights

  • 0.19 Acre Lot
  • No HOA
  • Hot Water Baseboard Heater
  • Colonial Architecture

About This Home

As of September 2019

Turn-key 2 unit investment property in the east end of Pottstown showing a 9%+ return. Brick three story twin. Unit 1: one bedroom, $750 per mo., tenant pays for electric and heat. Unit 2: two bedrooms, $1,000 per mo., tenant pays for electric and heat. Landlord pays water/sewer/trash, lawn/snow. Both units occupied. Units are in good condition and well kept. Over sized lot with adequate off-street parking. Single car garage with potential for additional income.

Last Agent to Sell the Property

Matthew Kennedy

(610) 304-8340 matthew@glocker.com Glocker & Company-Boyertown License #RM423303 Listed on: 07/12/2019

Last Buyer's Agent

Beverly Banks

(215) 718-7158 bevbanksrealtor@gmail.com EXP Realty, LLC License #RS272582

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 8,400 Sq Ft Lot
  • Lot Dimensions are 60.00 x 0.00

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,964 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Baseboard Heater
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for insurance, lawn/shrub care, sewer, real estate taxes, water, snow removal, trash collection
  • Tax Lot 047
  • Assessor Parcel Number 16-00-23400-002

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,400
  • Maintenance Expense $1,200
  • Other Expense $1,800
  • Net Operating Income $11,988

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Range, Refrigerator - Landlord's.
  • New Construction: No
  • Other Expense: 1800.00
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1964
  • Living Area Sq Ft: 1964
  • Price Per Sq Ft: 63.59
  • Above Grade Finished Sq Ft: 1964
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.19
  • Lot Dimensions: 60.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8400.00
  • Zoning: RMHD

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Number Of Units Month To Month: 1
  • Owner Pays: Insurance, Lawn/Shrub Care, Sewer, Taxes - Real Estate, Water, Snow Removal, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 21000.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 631303
  • School Tax: 3389.00
  • Tax Annual Amount: 4718.00
  • Assessor Parcel Number: 16-00-23400-002
  • Tax Lot: 047
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2020

Multi Family

  • Gross Income: 21000.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: POTTSTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2019
Closed on
Sep 4, 2019
Sold by
Perkins Cole B
Bought by
A2i Real Estate Llc
Seller's Agent
Matthew Kennedy
Glocker & Company-Boyertown
Buyer's Agent
Beverly Banks
EXP Realty, LLC
List Price
$124,900
Sold Price
$124,900
Current Estimated Value
$254,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,167
Avg. Annual Appreciation
11.83%
Original Mortgage
$99,920
Outstanding Balance
$87,522
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$166,545

Purchase Details

Listed on
Jun 20, 2016
Closed on
Sep 16, 2016
Sold by
Semzo Properties Llc
Bought by
Perkins Mark F and Perkins Cole B
Seller's Agent
Tami Davies-Coleman
Penn Realty Professionals LLC
Buyer's Agent
Linda Kennedy
RE/MAX Ace Realty
List Price
$79,900
Sold Price
$79,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.11%

Purchase Details

Closed on
Aug 11, 2006
Sold by
Leggieri Marilyn and Leggieri Philip
Bought by
Semzo Prop Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.83%

Purchase Details

Closed on
Jun 16, 2004
Sold by
Young Thomas R and Young Carol A
Bought by
Leggieri Philip F and Leggieri Marilyn L

Purchase Details

Closed on
Jul 18, 2002
Sold by
Popma Diane
Bought by
Young Thomas R and Young Carol A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
A2i Real Estate Llc $124,900 Title Services
Perkins Mark F $79,900 Attorney
Semzo Prop Llc $160,000 None Available
Leggieri Philip F $112,000 --
Young Thomas R $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open A2i Real Estate Llc $99,920
Previous Owner Semzo Prop Llc $128,000
Closed Leggieri Philip F $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2019 09/11/19 Sold $124,900 0.0% $64 / Sq Ft
07/22/2019 07/22/19 Pending -- -- --
07/12/2019 07/12/19 For Sale $124,900 +56.3% $64 / Sq Ft
09/16/2016 09/16/16 Sold $79,900 0.0% $41 / Sq Ft View Prior Sale
08/02/2016 08/02/16 Pending -- -- --
06/20/2016 06/20/16 For Sale $79,900 -- $41 / 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 $4,909 $80,000 $43,980 $36,020
2024 $4,909 $80,000 $43,980 $36,020
2023 $4,843 $80,000 $43,980 $36,020
2022 $4,818 $80,000 $43,980 $36,020
2021 $4,763 $80,000 $43,980 $36,020
2020 $4,679 $80,000 $43,980 $36,020
2019 $4,572 $80,000 $43,980 $36,020
Source: Public Records

Agents Affiliated with this Home

  • Matthew Kennedy

    Seller's Agent in 2019

    Matthew Kennedy

    Glocker & Company-Boyertown

    (610) 304-8340

    80 Total Sales

    Matthew Kennedy
    Section Image
  • Beverly Banks

    Buyer's Agent in 2019

    Beverly Banks

    EXP Realty, LLC

    (215) 718-7158

    39 Total Sales

    Beverly Banks
    Section Image

  • T

    Seller's Agent in 2016

    Tami Davies-Coleman

    Penn Realty Professionals LLC

  • Linda Kennedy

    Buyer's Agent in 2016

    Linda Kennedy

    RE/MAX

    (610) 909-8732

    75 Total Sales

    Linda Kennedy
    Section Image
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Map

Source: Bright MLS

MLS Number: PAMC617938

Bright MLS

APN: 16-00-23400-002

Pennsylvania Montgomery County Pottstown 19464 East End South

1122 Queen St, Pottstown, PA

Not Listed for Sale

MultiFamily

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