NOT LISTED FOR SALE

Estimated Value: $118,000 - $177,378

-- Bed
1 Bath
948 Sq Ft
$154/Sq Ft Est. Value

Last Sold April 06, 2021

Last sale price $75,000 $79 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,009/month

Highlights

  • Colonial Architecture
  • Tile or Brick Flooring
  • 4-minute walk to Chestnut Street Park
  • No HOA
  • Hot Water Baseboard Heater

About This Home

As of April 2021

This listing is for both sides of the twin. 117N. Adams St and 119 N. Adams St. also known as TAX ID #16-00-00188-003 and 16-00-00184-007 Both of these individual properties are a 3 bedroom 1 bath unit. Both units were completely renovated in 2013 to include: new service plumbing and fixtures, new electrical services and fixtures, new drywall, new roof. The properties have long term tenants in place, one equity tenant and 1 housing voucher holder. Both units have a valid rental license and are MCHA section 8 approved. Both tenants have leases and excellent payment history. This is a perfect turn key investment opportunity. A real cream puff 2 unit for a first time investor or a seasoned portfolio buy and hold real estate investor.

Last Agent to Sell the Property

James Harner Group

(484) 727-8378 james@jamesharnergroup.com Springer Realty Group License #RS295474 Listed on: 02/11/2021

Springer Realty Group

Last Buyer's Agent

James Harner Group

(484) 727-8378 james@jamesharnergroup.com Springer Realty Group License #RS295474 Listed on: 02/11/2021

Springer Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,925 Sq Ft Lot
  • Lot Dimensions are 29.00 x 0.00
  • Property is in good condition

Home Design

  • Colonial Architecture
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 948 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Tile or Brick

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for insurance, heater maintenance contract, real estate taxes
  • Tax Lot 026
  • Assessor Parcel Number 16-00-00188-003

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Operating Expense $7,600
  • Net Operating Income $20,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: This listing is for both sides of the twin. 117N. Adams St and 119 N. Adams St. also known as TAX ID #16-00-00188-003 and 16-00-00184-007 Both of these individual properties are a 3 bedroom 1 bath unit. Both units were completely renovated in 2013 to include: new service plumbing and fixtures, new electrical services and fixtures, new drywall, new roof. The properties have long term tenants in place, one equity tenant and 1 housing voucher holder. Both units have a valid rental license and are MCHA section 8 approved. Both tenants have leases and excellent payment history. This is a perfect turn key investment opportunity. A real cream puff 2 unit for a first time investor or a seasoned portfolio buy and hold real estate investor.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Carpet, Tile/Brick
  • Wall Ceiling Types: Dry Wall
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 948
  • Living Area Sq Ft: 948
  • Price Per Sq Ft: 87.55
  • Above Grade Finished Sq Ft: 948
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 119

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: POTTSTOWN
  • School District Key: 300200397038
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 0.09
  • Lot Dimensions: 29.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3925.00
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: RES

Rental Info

  • Owner Pays: Insurance, Heater Maintenance Contract, Taxes - Real Estate
  • Total Actual Rent: 27600.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 625679
  • School Tax: 1959.00
  • Tax Annual Amount: 2753.00
  • Assessor Parcel Number: 16-00-00188-003
  • Tax Lot: 026
  • Tax Total Finished Sq Ft: 948
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 04/06/2021

Multi Family

  • Income Includes: Apartment Rentals
  • Operating Expense: 7600.00
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: POTTSTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Apr 6, 2021
Sold by
Ammouri Mohammed H
Bought by
Traction X39 Llc
Seller's Agent
James Harner Group
Springer Realty Group
Buyer's Agent
James Harner Group
Springer Realty Group
List Price
$149,000
Sold Price
$75,000
Premium/Discount to List
-$74,000
-49.66%
Current Estimated Value
$145,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,595
Avg. Annual Appreciation
15.92%

Purchase Details

Closed on
Jan 5, 2016
Sold by
Ammouri Carolyn E
Bought by
Ammouri Mohammed H

Purchase Details

Listed on
Oct 11, 2013
Closed on
Nov 12, 2013
Sold by
Rvfm 3 Llc
Bought by
Ammouri Carolyn E
Seller's Agent
Matthew Aragona
Compass RE
Buyer's Agent
CATHERINE BLANCHARD
Coldwell Banker Realty
List Price
$23,900
Sold Price
$21,000
Premium/Discount to List
-$2,900
-12.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.70%

Purchase Details

Listed on
Dec 10, 2012
Closed on
Aug 29, 2013
Sold by
Federal National Mortgage Association
Bought by
Rvfm 3 Llc
Seller's Agent
Allison Carbone
Keller Williams Realty Group
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$19,900
Sold Price
$10,350
Premium/Discount to List
-$9,550
-47.99%

Purchase Details

Closed on
Dec 19, 2012
Sold by
Gale Kevin and Conger Kelly
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 26, 2003
Sold by
Rcj Realty Llc
Bought by
Gale Kevin and Conger Kelly

Purchase Details

Closed on
Oct 23, 2003
Sold by
Wells Fargo Bk Minnn/Atty
Bought by
Rcj Realty Llc

Purchase Details

Closed on
Jan 21, 2003
Sold by
Lord Barbara J and Lord Shrf
Bought by
Wells Fargo Bk Minn Na Tr
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
Traction X39 Llc $80,000 None Available
Ammouri Mohammed H -- None Available
Ammouri Carolyn E $21,000 None Available
Rvfm 3 Llc $10,350 Servicelink Aliquippa Title
Federal National Mortgage Association $1,600 None Available
Gale Kevin $27,500 --
Rcj Realty Llc $22,500 --
Wells Fargo Bk Minn Na Tr $1,631 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2021 04/06/21 Sold $75,000 -9.6% $79 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
02/18/2021 02/18/21 Price Changed $83,000 +10.7% $88 / Sq Ft
02/15/2021 02/15/21 Off Market $75,000 -- --
02/11/2021 02/11/21 For Sale $149,000 +609.5% $157 / Sq Ft
11/15/2013 11/15/13 Sold $21,000 -12.1% $22 / Sq Ft
10/28/2013 10/28/13 Pending -- -- --
10/11/2013 10/11/13 For Sale $23,900 +130.9% $25 / Sq Ft
09/26/2013 09/26/13 Sold $10,350 -48.0% $11 / Sq Ft
08/29/2013 08/29/13 For Sale $19,900 +92.3% $21 / Sq Ft
08/06/2013 08/06/13 Pending -- -- --
07/27/2013 07/27/13 Off Market $10,350 -- --
07/08/2013 07/08/13 Price Changed $19,900 0.0% $21 / Sq Ft
07/08/2013 07/08/13 For Sale $19,900 +92.3% $21 / Sq Ft
07/03/2013 07/03/13 Off Market $10,350 -- --
06/20/2013 06/20/13 Price Changed $24,000 0.0% $25 / Sq Ft
06/20/2013 06/20/13 For Sale $24,000 +131.9% $25 / Sq Ft
05/31/2013 05/31/13 Off Market $10,350 -- --
05/05/2013 05/05/13 For Sale $28,000 +170.5% $30 / Sq Ft
05/03/2013 05/03/13 Off Market $10,350 -- --
05/02/2013 05/02/13 For Sale $28,000 0.0% $30 / Sq Ft
01/03/2013 01/03/13 Pending -- -- --
12/10/2012 12/10/12 For Sale $28,000 -- $30 / 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 $2,838 $46,240 $28,570 $17,670
2024 $2,838 $46,240 $28,570 $17,670
2023 $2,800 $46,240 $28,570 $17,670
2022 $2,785 $46,240 $28,570 $17,670
2021 $2,753 $46,240 $28,570 $17,670
2020 $2,705 $46,240 $28,570 $17,670
2019 $2,643 $46,240 $28,570 $17,670
2018 $1,879 $46,240 $28,570 $17,670
2017 $2,471 $46,240 $28,570 $17,670
2016 $2,453 $46,240 $28,570 $17,670
2015 $2,452 $46,240 $28,570 $17,670
2014 $2,438 $46,240 $28,570 $17,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC682758

Bright MLS

APN: 16-00-00188-003