NOT LISTED FOR SALE

115 Constitution Blvd Kutztown, PA 19530

Estimated Value: $305,968 - $453,000

Studio
-- Bath
4,492 Sq Ft
$80/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $217,000 $48 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,065/month

183 Days on Market

Highlights

  • 0.57 Acre Lot
  • No HOA
  • Electric Baseboard Heater
  • Rambler Architecture
  • Circular Driveway

About This Home

As of April 2021

Prime Location!! 2 unit property currently rented with a vacant commercial space. Approved Kutztown University rental housing for 7 students was previously rented for $500/ room. This side by side duplex has separate electric meters, and heating systems. Unit 1 features 2 Bedrooms, open concept living room and kitchen, full bath and a second half bath. Unit 2 includes 3 to 4 bedrooms, eat in kitchen with breakfast bar, living room/ bedroom with fireplace, 3 bedrooms and full main bathroom with double sinks. The lower level is zoned commercial and was previously used a pet shop. Outside, there is a large parking lot and U shaped driveway. Ideally located near pool, entertainment, classrooms, and commuter routes. Zoned Mixed Residential and Commercial which presents a variety of opportunities!! Call today to schedule a showing!

Last Agent to Sell the Property

Don Wenner

(800) 350-8061 leads@dlprealty.com Real of Pennsylvania License #RS300485 Listed on: 08/10/2020

Real of Pennsylvania

Co-Listed By

Cindy Lapp

(717) 725-4223 clapp@dlpre.com Real of Pennsylvania

Last Buyer's Agent

Lori Minotto

(484) 638-0204 lminotto@c21gold.com Century 21 Gold License #RS352060

Century 21 Gold

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 0.57 Acre Lot

Home Design

  • 4,492 Sq Ft Home
  • Duplex
  • Rambler Architecture
  • Brick Exterior Construction
  • Aluminum Siding

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Circular Driveway
  • Paved Parking
  • Parking Lot

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for real estate taxes, water, sewer
  • Tax Lot 4886
  • Assessor Parcel Number 55-5443-12-96-4886

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $10,051
  • Net Operating Income $11,549

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1966
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Total Sq Ft: 4492
  • Living Area Sq Ft: 4492
  • Price Per Sq Ft: 53.41
  • Above Grade Finished Sq Ft: 4492
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Circular Driveway, Paved Parking
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 10

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 78100.00
  • Land Assessed Value: 57100.00
  • Lot Size Acres: 0.57
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24829.00
  • Zoning: COMMERCIAL

Rental Info

  • Existing Lease Type: Long Term
  • Owner Pays: Taxes - Real Estate, Water, Sewer
  • Total Actual Rent: 21600.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1528362
  • School Tax: 4050.00
  • Tax Annual Amount: 5707.00
  • Assessor Parcel Number: 55-5443-12-96-4886
  • Tax Lot: 4886
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

Multi Family

  • Operating Expense: 10051.00

MLS Schools

  • School District Name: KUTZTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2020
Closed on
Apr 16, 2021
Sold by
Karaisz Joseph A and Karaisz Julie A
Bought by
Ferguson Tracey
Seller's Agent
Don Wenner
Real of Pennsylvania
Buyer's Agent
Lori Minotto
Century 21 Gold
List Price
$239,900
Sold Price
$217,000
Premium/Discount to List
-$22,900
-9.55%
Current Estimated Value
$363,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,521
Avg. Annual Appreciation
11.29%
Original Mortgage
$169,152
Outstanding Balance
$152,846
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$207,143

Purchase Details

Closed on
Dec 14, 1998
Bought by
Karaisz Joseph A and Karaisz Julie 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
Ferguson Tracey $217,000 Wyomissing Abstract Llc
Ferguson Tracey $217,000 Wyomissing Abstract Llc
Karaisz Joseph A $193,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferguson Tracey $169,152
Closed Ferguson Tracey $169,152
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $217,000 -9.5% $48 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $239,900 +10.6% $53 / Sq Ft
01/06/2021 01/06/21 Off Market $217,000 -- --
09/15/2020 09/15/20 Price Changed $239,900 -4.0% $53 / Sq Ft
08/10/2020 08/10/20 For Sale $249,900 -- $56 / 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 $1,989 $135,200 $57,100 $78,100
2024 $5,922 $135,200 $57,100 $78,100
2023 $5,707 $135,200 $57,100 $78,100
2022 $5,707 $135,200 $57,100 $78,100
2021 $5,707 $135,200 $57,100 $78,100
2020 $5,707 $135,200 $57,100 $78,100
2019 $5,639 $135,200 $57,100 $78,100
2018 $5,639 $135,200 $57,100 $78,100
2017 $5,601 $135,200 $57,100 $78,100
2016 $1,520 $135,200 $57,100 $78,100
2015 $1,520 $135,200 $57,100 $78,100
2014 $1,520 $135,200 $57,100 $78,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK362076

Bright MLS

APN: 55-5443-12-96-4886