NOT LISTED FOR SALE

12 W Mount Vernon St Unit 28 Lansdale, PA 19446

Estimated Value: $314,372 - $411,000

-- Bed
3 Baths
1,933 Sq Ft
$187/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $230,000 $119 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,344/month

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • No HOA
  • York Avenue Elementary School Rated A-
  • Corner Lot
  • 4-minute walk to York and Susquehanna Park

About This Home

As of March 2021

Great investment opportunity in Lansdale. This charming Triplex is fully occupied by long term tenants. Common front entrance. The main level apartment offers a huge bedroom, hallway bathroom, living room, kitchen and heater back porch (presently used for sleeping).The main level has inside access to the basement for use of storage room and laundry hookups. The first floor has been rented since 2010 for $775 per month, this tenant maintains the grass and pays for electric and gas heating. The large second floor apartment consists of a foyer, bathroom, eat in kitchen, living room, office and large bedroom with built-ins. This apartment has been rented since 2003 for $700, the tenant pays for electric. The second floor gas heater has been disconnected at tenants request. The third floor apartment offers an eat in kitchen, living room, large hallway bathroom and bedroom. This apartment has been rented since 2015 for $670. The tenant pays for electric and gas. The property needs some TLC and will be sold as-is. Needed improvements include ( but not limited to) window replacement, bathroom repairs in all three units, 2nd floor heater, 2nd floor stove. Some original charm still present. Rents are well below market value but tenants would love to continue renting.

Last Agent to Sell the Property

Andrea Heskett

(610) 329-1622 andreaheskett@gmail.com Chris James Hector Realty License #RS306162 Listed on: 10/08/2020

Last Buyer's Agent

Andrea Heskett

(610) 329-1622 andreaheskett@gmail.com Chris James Hector Realty License #RS306162 Listed on: 10/08/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,423

Year Built

  • Built in 1900

Lot Details

  • 3,750 Sq Ft Lot
  • Lot Dimensions are 29.00 x 0.00
  • Corner Lot
  • Property is in average condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 1,933 Sq Ft Home
  • Traditional Floor Plan
  • Fire Escape
  • Gas Oven or Range
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • 100 Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for sewer, sewer maintenance, real estate taxes, trash collection, water
  • Tax Lot 028
  • Assessor Parcel Number 11-00-11092-003

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 3-Story Building

Building Details

  • Other Expense $2,000
  • Trash Expense $1,020
  • Net Operating Income $18,298

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,423

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: 1st Floor Refrigerator and Washer/ Dryer.
  • Home Warranty: No
  • Inclusions: Refrigerator
  • New Construction: No
  • Other Expense: 2000.00
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Great investment opportunity in Lansdale. This charming Triplex is fully occupied by long term tenants. Common front entrance. The main level apartment offers a huge bedroom, hallway bathroom, living room, kitchen and heater back porch (presently used for sleeping).The main level has inside access to the basement for use of storage room and laundry hookups. The first floor has been rented since 2010 for $775 per month, this tenant maintains the grass and pays for electric and gas heating. The large second floor apartment consists of a foyer, bathroom, eat in kitchen, living room, office and large bedroom with built-ins. This apartment has been rented since 2003 for $700, the tenant pays for electric. The second floor gas heater has been disconnected at tenants request. The third floor apartment offers an eat in kitchen, living room, large hallway bathroom and bedroom. This apartment has been rented since 2015 for $670. The tenant pays for electric and gas. The property needs some TLC and will be sold as-is. Needed improvements include ( but not limited to) window replacement, bathroom repairs in all three units, 2nd floor heater, 2nd floor stove. Some original charm still present. Rents are well below market value but tenants would love to continue renting.
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator, Washer/Dryer Hookups Only
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Carpet, Floor Plan - Traditional
  • Foundation Details: Stone
  • Room Count: 11
  • Basement: Yes
  • Basement Type: Full, Outside Entrance
  • Total Sq Ft: 1933
  • Living Area Sq Ft: 1933
  • Price Per Sq Ft: 137.09
  • Above Grade Finished Sq Ft: 1933
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Fire Escape
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: Circuit Breakers, 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: NORTH PENN
  • School District Key: 300200397039
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1134
  • Lot Features: Corner
  • Lot Size Acres: 0.09
  • Lot Dimensions: 29.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3750.00
  • Property Condition: Average
  • Year Assessed: 2021
  • Zoning: B

Rental Info

  • Existing Lease Type: Month To Month
  • Owner Pays: Sewer, Sewer Maintenance, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
  • Total Actual Rent: 25740.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 609103
  • School Tax: 3288.00
  • Tax Annual Amount: 4423.00
  • Assessor Parcel Number: 11-00-11092-003
  • Tax Lot: 028
  • Tax Total Finished Sq Ft: 1933
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 03/15/2021

Multi Family

  • Gross Income: 25740.00

MLS Schools

  • School District Name: NORTH PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Mar 10, 2021
Sold by
Flyingfish Twelve Llc
Bought by
12 W Mount Vernon Llc
Seller's Agent
Andrea Heskett
Chris James Hector Realty
Buyer's Agent
Andrea Heskett
Chris James Hector Realty
List Price
$265,000
Sold Price
$230,000
Premium/Discount to List
-$35,000
-13.21%
Current Estimated Value
$362,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,093
Avg. Annual Appreciation
10.39%
Original Mortgage
$255,000
Outstanding Balance
$220,777
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$141,316

Purchase Details

Listed on
Jul 5, 2016
Closed on
Sep 9, 2016
Sold by
Lineman Donna M
Bought by
Flyingfish Twelve Llc
Seller's Agent
Harold Riley
Keller Williams Real Estate-Blue Bell
Buyer's Agent
Robert Santangelo
Santangelo Real Estate
List Price
$224,900
Sold Price
$207,500
Premium/Discount to List
-$17,400
-7.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.31%

Purchase Details

Closed on
Jun 2, 1995
Sold by
Walker James C
Bought by
Lineman Christopher E

Purchase Details

Closed on
Dec 16, 1993
Sold by
Didomizio George F and Didomizio Alice J
Bought by
Walker James C
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
12 W Mount Vernon Llc $230,000 None Available
Flyingfish Twelve Llc $204,000 None Available
Lineman Christopher E $126,000 --
Walker James C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 12 W Mount Vernon Llc $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2021 03/15/21 Sold $230,000 -13.2% $119 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $265,000 +27.7% $137 / Sq Ft
09/10/2016 09/10/16 Sold $207,500 -7.7% $107 / Sq Ft View Prior Sale
07/17/2016 07/17/16 Pending -- -- --
07/05/2016 07/05/16 For Sale $224,900 -- $116 / 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 $5,090 $121,030 $41,010 $80,020
2024 $5,090 $121,030 $41,010 $80,020
2023 $4,762 $121,030 $41,010 $80,020
2022 $4,611 $121,030 $41,010 $80,020
2021 $4,423 $121,030 $41,010 $80,020
2020 $4,290 $121,030 $41,010 $80,020
2019 $4,219 $121,030 $41,010 $80,020
2018 $1,132 $121,030 $41,010 $80,020
2017 $3,938 $121,030 $41,010 $80,020
2016 $3,892 $121,030 $41,010 $80,020
2015 $3,823 $121,030 $41,010 $80,020
2014 $3,611 $121,030 $41,010 $80,020
Source: Public Records

Agents Affiliated with this Home

  • Andrea Heskett

    Seller's Agent in 2021

    Andrea Heskett

    Chris James Hector Realty

    (610) 329-1622

    1 in this area

    129 Total Sales

    Andrea Heskett
    Section Image

  • H

    Seller's Agent in 2016

    Harold Riley

    Keller Williams Real Estate-Blue Bell

    (215) 313-3909

    1 in this area

    24 Total Sales

    Harold Riley
    Section Image

  • R

    Buyer's Agent in 2016

    Robert Santangelo

    Santangelo Real Estate

See All Agents

Map

Source: Bright MLS

MLS Number: PAMC665966

Bright MLS

APN: 11-00-11092-003

Pennsylvania Montgomery County Lansdale 19446

12 W Mount Vernon St Unit 28, Lansdale, PA

This home is located at 12 W Mount Vernon St Unit 28, Lansdale, PA 19446 since 08 October 2020 and is currently estimated at $362,093, approximately $187 per square foot. This property was built in 1900. 12 W Mount Vernon St Unit 28 is a home located in Montgomery County with nearby schools including York Avenue Elementary School, Penndale Middle School, and North Penn Senior High School.

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