NOT LISTED FOR SALE

117 W Broad St Souderton, PA 18964

Estimated Value: $434,000 - $455,293

-- Bed
2 Baths
2,900 Sq Ft
$153/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $325,000 $112 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,859/month

Highlights

  • Colonial Architecture
  • No HOA
  • Back Yard
  • West Broad Street Elementary School Rated A
  • Heating System Uses Steam
  • 5-minute walk to Chestnut Street Park

About This Home

As of September 2020

Fantastic cash flow opportunities are mine to enjoy in this spacious duplex set within the sought-after Souderton borough! This home, complete with two versatile rental units, offers the investment I have been waiting for with a$2,500/mo potential! The charming front porch will welcome my renters into the first-floor which features a master suite with a full bath, second bedroom, living room and well-appointed kitchen. Upstairs the second floor houses a beautifully updated modern kitchen with direct access to the dining room and sun-lit living room as well as a spacious bedroom. The home doesn't end there! The third floor of my investment property offers two additional bedrooms complete with extra living space. I know my renters will love the gorgeous custom woodwork featured throughout the home. I can just picture them hosting guests in the spacious backyard and relaxing in the sunshine! ASK AGENT FOR 3D OPEN HOUSE LINK.

Last Agent to Sell the Property

Geoffrey Horrocks

(215) 669-4600 geoffhorrocks@kw.com Moments Real Estate License #RS-198847-L Listed on: 08/19/2020

Last Buyer's Agent

Jason Musselman

(267) 664-2268 jason@chrishennessyteam.com EXP Realty, LLC License #RS336016

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,358

Year Built

  • Built in 1906

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 50.00 x 0.00
  • Back Yard

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,900 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • On-Street Parking

Schools

  • West Broad Street Elementary School
  • Indian Crest Middle School
  • Souderton Area Senior High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for common area maintenance, heater maintenance contract, lawn/shrub care, repairs, snow removal, real estate taxes
  • Tax Lot 033
  • Assessor Parcel Number 21-00-00264-003

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals
  • Gross Income $30,000
  • Net Operating Income $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,358

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1906
  • Automatically Close On Close Date: No
  • Remarks Public: Fantastic cash flow opportunities are mine to enjoy in this spacious duplex set within the sought-after Souderton borough! This home, complete with two versatile rental units, offers the investment I have been waiting for with a$2,500/mo potential! The charming front porch will welcome my renters into the first-floor which features a master suite with a full bath, second bedroom, living room and well-appointed kitchen. Upstairs the second floor houses a beautifully updated modern kitchen with direct access to the dining room and sun-lit living room as well as a spacious bedroom. The home doesn't end there! The third floor of my investment property offers two additional bedrooms complete with extra living space. I know my renters will love the gorgeous custom woodwork featured throughout the home. I can just picture them hosting guests in the spacious backyard and relaxing in the sunshine! ASK AGENT FOR 3D OPEN HOUSE LINK.
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2900
  • Living Area Sq Ft: 2900
  • Price Per Sq Ft: 112.07
  • Above Grade Finished Sq Ft: 2900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 117

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
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Steam
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: SOUDERTON AREA
  • Elementary School: WEST BROAD STREET
  • Middle School: INDIAN CREST
  • High School: SOUDERTON AREA SENIOR
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200397037
  • School District Source: 3rd Party
  • Elementary School: WEST BROAD STREET
  • High School: SOUDERTON AREA SENIOR
  • Middle Or Junior School: INDIAN CREST

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1132
  • Lot Features: Rear Yard
  • Lot Size Acres: 0.29
  • Lot Dimensions: 50.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12450.00
  • Year Assessed: 2020
  • Zoning: R3

Rental Info

  • Existing Lease Type: Gross
  • Owner Pays: Common Area Maintenance, Heater Maintenance Contract, Lawn/Shrub Care, Repairs, Snow Removal, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 12000.00
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 638072
  • School Tax: 4119.00
  • Tax Annual Amount: 5358.00
  • Assessor Parcel Number: 21-00-00264-003
  • Tax Lot: 033
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 09/30/2020

Multi Family

  • Number Of Units Vacant: 1
  • Gross Income: 12000.00
  • Gross Scheduled Income: 30000.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: SOUDERTON AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Sep 25, 2020
Sold by
Feeney Marita A and Feeney Samuel M
Bought by
Rauschenberger Dylan R
Seller's Agent
Geoffrey Horrocks
Moments Real Estate
Buyer's Agent
Jason Musselman
EXP Realty, LLC
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$444,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,073
Avg. Annual Appreciation
6.43%
Original Mortgage
$260,000
Outstanding Balance
$231,363
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$212,710

Purchase Details

Closed on
Dec 7, 2007
Sold by
Greaser Ryan and Greaser Jessica
Bought by
Feeney Marita A and Feeney Samuel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,800
Interest Rate
6.3%

Purchase Details

Closed on
Jun 24, 2005
Sold by
Greaser Ryan
Bought by
Greaser Jessica and Greaser Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 1999
Sold by
Gran Lewis and Gran Betty
Bought by
Greaser Ryan
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
Rauschenberger Dylan R $325,000 None Available
Feeney Marita A $278,500 None Available
Greaser Jessica -- --
Greaser Ryan $151,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rauschenberger Dylan R $260,000
Previous Owner Feeney Marita A $222,800
Previous Owner Greaser Jessica $206,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $325,000 0.0% $112 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $325,000 -- $112 / 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 $6,055 $134,110 $56,620 $77,490
2024 $6,055 $134,110 $56,620 $77,490
2023 $5,694 $134,110 $56,620 $77,490
2022 $5,538 $134,110 $56,620 $77,490
2021 $5,404 $134,110 $56,620 $77,490
2020 $5,321 $134,110 $56,620 $77,490
2019 $5,264 $134,110 $56,620 $77,490
2018 $1,265 $134,110 $56,620 $77,490
2017 $5,115 $134,110 $56,620 $77,490
2016 $5,063 $134,110 $56,620 $77,490
2015 $4,973 $134,110 $56,620 $77,490
2014 $4,973 $134,110 $56,620 $77,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC660332

Bright MLS

APN: 21-00-00264-003