Seller's Agent in 2022
Megan Hansen
Keller Williams Platinum Realty - Wyomissing
(610) 716-1355
1 in this area
81 Total Sales
114 S Franklin St Pottstown, PA 19464
Downtown Pottstown NeighborhoodEstimated Value: $250,000 - $340,000
4
Beds
3
Baths
2,288
Sq Ft
$126/Sq Ft
Est. Value
Highlights
- 0.12 Acre Lot
- Traditional Architecture
- Attic
- Dual Staircase
- Wood Flooring
- 1-minute walk to South Street Park
About This Home
As of September 2022Solid Income Producing 3 Unit Rental Property in Pottstown Borough. The 3 occupied Units consist of an Efficiency, a 1 Bedroom Apartment and a 3 Bedroom Apartment. The Efficiency, which includes a LR/BR, Kitchen and Bathroom, is on the Main Level and has a month to month lease for $500.00. The 1 Bedroom is also on the Main Level and has a month to month lease for $550.00. The 3 Bedroom Apartment includes the 2nd and 3rd Floors and has an exterior staircase, as well as, access from the Main Hallway. The lease of this space is subject to a yearly lease and is Section 8 Housing and rents for $1,050.00. The tenants are long term tenants who would like to stay and the rent is low for each unit. The property also includes additional sources of rental income in the 2 bay Garage(rented) and storage lockers. The Seller pays Water, Sewer, Trash and common area electric. The tenants pay for heat, electric and hot water. The Cap Rate for the property is above 8%. The property has been well maintained with upgrades including a new roof (2012), new windows (2019), Natural Gas Heating and Air Conditioning in Unit 3 (2014) and a renovated Kitchen with dishwasher in Unit 3 (2014). All 3 units are rented and showings require notice and are restricted to the following times: Monday through Saturday after 6:30 pm and all day Sunday.
Last Agent to Sell the Property
Keller Williams Platinum Realty - Wyomissing Listed on: 08/18/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,435
Year Built
- Built in 1900
Lot Details
- 5,280 Sq Ft Lot
- Lot Dimensions are 40.00 x 0.00
- Property is in good condition
- Property is zoned RMHD
Parking
- 2 Car Detached Garage
- Front Facing Garage
- On-Street Parking
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Stone Foundation
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2,288 Sq Ft Home
- Property has 2 Levels
- Dual Staircase
- Built-In Features
- Efficiency Studio
- Eat-In Kitchen
- Partial Basement
- Fire Escape
- Attic
Flooring
- Wood
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Outdoor Features
- Patio
- Outbuilding
- Porch
Utilities
- Forced Air Heating and Cooling System
- Electric Baseboard Heater
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 005
- Assessor Parcel Number 16-00-10988-003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 18, 2022
Closed on
Sep 28, 2022
Sold by
Moss David E
Bought by
Walsh Brian
Seller's Agent
Megan Hansen
Keller Williams Platinum Realty - Wyomissing
Buyer's Agent
Angela Fusselman
Fautore Realty & Property Management
List Price
$210,000
Sold Price
$220,000
Premium/Discount to List
$10,000
4.76%
Views
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,329
Avg. Annual Appreciation
8.32%
Purchase Details
Closed on
Nov 30, 2017
Sold by
Moss David E and Moss Diane R
Bought by
Moss David E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 26, 2004
Sold by
Darnoc Group Inc
Bought by
Moss David E and Moss Diane R
Purchase Details
Closed on
Mar 27, 2002
Sold by
Wells Fargo Bank Minnesota
Bought by
Darnoc Group Inc
Purchase Details
Closed on
Jan 18, 2001
Sold by
Comber Francis
Bought by
Wells Fargo Bank Minnesota and Registered Holders Of Option One Mtg Loa
Purchase Details
Closed on
Jun 9, 1999
Sold by
Kane Edwin W and Kane Robert S
Bought by
Comber Francis R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Walsh Brian | $220,000 | -- | |
| Moss David E | $60,125 | -- | |
| Moss David E | $125,000 | -- | |
| Darnoc Group Inc | $65,500 | -- | |
| Wells Fargo Bank Minnesota | $1,563 | -- | |
| Comber Francis R | $135,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Moss David E | $101,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2022 09/30/22 | Sold | $220,000 | +4.8% | $96 / Sq Ft |
| 08/23/2022 08/23/22 | Pending | -- | -- | -- |
| 08/18/2022 08/18/22 | For Sale | $210,000 | -- | $92 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,989 | $65,000 | -- | -- |
| 2023 | $3,934 | $65,000 | $0 | $0 |
| 2022 | $3,915 | $65,000 | $0 | $0 |
| 2021 | $3,870 | $65,000 | $0 | $0 |
| 2020 | $3,802 | $65,000 | $0 | $0 |
| 2019 | $3,715 | $65,000 | $0 | $0 |
| 2018 | $2,641 | $65,000 | $0 | $0 |
| 2017 | $4,496 | $84,130 | $35,360 | $48,770 |
| 2016 | $4,463 | $84,130 | $35,360 | $48,770 |
| 2015 | $4,434 | $84,130 | $35,360 | $48,770 |
| 2014 | $4,434 | $84,130 | $35,360 | $48,770 |
Source: Public Records
Agents Affiliated with this Home
-
-
A
Buyer's Agent in 2022
Angela Fusselman
Fautore Realty & Property Management
(484) 238-7042
2 in this area
83 Total Sales
Map
Source: Bright MLS
MLS Number: PAMC2049002
APN: 16-00-10988-003
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