NOT LISTED FOR SALE

117 N Bellevue Ave Langhorne, PA 19047

Estimated Value: $837,874

-- Bed
-- Bath
-- Sq Ft
8,520 Sq Ft Lot

Last Sold November 05, 2020

Last sale price $610,000

Est. 37% increase in value since last sale

Current estimated payment $4,948/month

About This Home

As of November 2020

Welcome to 117 N Bellevue Avenue,Langhorne Boro renovated quadplex. The first floor front store is rented to a very busy dog groomer for 1750 per month. The second floor is a 2 bedroom unit rented month to month for 1425 per month. The rear 1 bedroom apartment is rented month to month for 1240 per month. There is a small efficiency unit rented on a month to month basis for 550 per month. The roof was installed within the past 2 months. Heat is supplied to the 3 units from an oil fired heater. The efficiency unit has electric baseboard heating. Annual income is 59,580. Total owner expenses are 11,618.00. Call today to invest in this money making investment property located in Neshaminy schools.

Last Agent to Sell the Property

Robin Kemmerer

(215) 949-0810 robinrkemmerer@gmail.com Robin Kemmerer Associates Inc Listed on: 09/02/2020

Last Buyer's Agent

Melissa Kitzmiller

(267) 228-5467 mweeks3453@aol.com Robin Kemmerer Associates Inc License #RS285195

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,608

Lot Details

  • 8,520 Sq Ft Lot
  • Lot Dimensions are 40.00 x 213.00

Parking

  • Driveway

Home Design

  • Quadruplex
  • Slab Foundation
  • Stucco
  • Cedar

Basement

  • Crawl Space

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Oil Water Heater

Listing and Financial Details

  • The owner pays for heat, insurance, lawn/shrub care, sewer, real estate taxes, trash collection, water
  • Tax Lot 094
  • Assessor Parcel Number 18-004-094

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $733
  • Net Operating Income $47,962

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,608

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 117 N Bellevue Avenue,Langhorne Boro renovated quadplex. The first floor front store is rented to a very busy dog groomer for 1750 per month. The second floor is a 2 bedroom unit rented month to month for 1425 per month. The rear 1 bedroom apartment is rented month to month for 1240 per month. There is a small efficiency unit rented on a month to month basis for 550 per month. The roof was installed within the past 2 months. Heat is supplied to the 3 units from an oil fired heater. The efficiency unit has electric baseboard heating. Annual income is 59,580. Total owner expenses are 11,618.00. Call today to invest in this money making investment property located in Neshaminy schools.
  • Special Features: None

Interior Features

  • Foundation Details: Slab, Crawl Space
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 117

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco, Cedar
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Oil, Electric
  • Heating Oil Avg Month: 324.00
  • Heating Oil Prev12 Months: 3888.00
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 132
  • Water Previous Twelve Months: 1584.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: NESHAMINY
  • School District Key: 300200397330
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 17840.00
  • Land Assessed Value: 8960.00
  • Land Use Code: 4283
  • Lot Size Acres: 0.20
  • Lot Dimensions: 40.00 x 213.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8520.00
  • Year Assessed: 2020
  • Zoning: R2

Rental Info

  • Existing Lease Type: Month To Month, Long Term
  • Number Of Units Month To Month: 3
  • Owner Pays: Heat, Insurance, Lawn/Shrub Care, Sewer, Taxes - Real Estate, Trash Collection, Water
  • Total Actual Rent: 59580.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 81567
  • School Tax: 4438.00
  • Tax Annual Amount: 5608.00
  • Assessor Parcel Number: 18-004-094
  • Tax Lot: 094
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 11/05/2020

Multi Family

  • Gross Income: 59580.00
  • Income Includes: Apartment Rentals
  • Single Room Units Count: 1

MLS Schools

  • School District Name: NESHAMINY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2020
Closed on
Oct 22, 2020
Sold by
Cimino Joseph D
Bought by
117 Bella Llc
Seller's Agent
Robin Kemmerer
Robin Kemmerer Associates Inc
Buyer's Agent
Melissa Kitzmiller
Robin Kemmerer Associates Inc
List Price
$649,900
Sold Price
$610,000
Premium/Discount to List
-$39,900
-6.14%
Current Estimated Value
$837,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,874
Avg. Annual Appreciation
6.42%
Original Mortgage
$427,000
Outstanding Balance
$384,907
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$440,821

Purchase Details

Closed on
Dec 18, 2015
Sold by
Grines Joseph M and Grines Geraldine K
Bought by
Cimino Joseph D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.96%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 26, 1983
Sold by
Wallace Charles and Wallace Mary
Bought by
Grines Joseph M and Grines Geraldine K
Source: Public Records

Range of Values:

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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
117 Bella Llc $610,000 Winchester Stlmt Svcs Llc
Cimino Joseph D $149,000 None Available
Grines Joseph M $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 117 Bella Llc $427,000
Previous Owner Cimino Joseph D $250,000
Previous Owner Cimino Joseph D $100,000
Previous Owner Cimino Joseph D $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2020 11/05/20 Sold $610,000 -6.1% --
09/10/2020 09/10/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $649,900 0.0% --
03/15/2018 03/15/18 Rented $1,100 0.0% --
02/19/2018 02/19/18 Under Contract -- -- --
01/18/2018 01/18/18 For Rent $1,100 -- --
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 $5,812 $26,800 $8,960 $17,840
2024 $5,812 $26,800 $8,960 $17,840
2023 $5,759 $26,800 $8,960 $17,840
2022 $5,608 $26,800 $8,960 $17,840
2021 $5,608 $26,800 $8,960 $17,840
2020 $5,541 $26,800 $8,960 $17,840
2019 $5,418 $26,800 $8,960 $17,840
2018 $5,318 $26,800 $8,960 $17,840
2017 $5,183 $26,800 $8,960 $17,840
2016 $5,183 $26,800 $8,960 $17,840
2015 -- $26,800 $8,960 $17,840
2014 -- $26,800 $8,960 $17,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU506008

Bright MLS

APN: 18-004-094