NOT LISTED FOR SALE

1233 W Broad St Quakertown, PA 18951

Estimated Value: $435,514

-- Bed
-- Bath
-- Sq Ft
0.27 Acres

Last Sold January 08, 2015

Last sale price $240,000

Est. 81% increase in value since last sale

Current estimated payment $2,763/month

24 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Wall to Wall Carpet
  • 3 Car Detached Garage
  • Hot Water Heating System

About This Home

As of January 2015

3 unit with large barn/garage-3-4 car deep garage-GREAT POTENIAL-(NOT RENTED AT THIS TIME)-this would increase rate of return; one apartment on month to month lease, with 60 days notice. Apt 1 & 2 have separate small basements & rear deck; Apt 3 (1235 W Broad) has attic; All units have separate utilities (electric, gas heat, sewer and water) paid by tenants; Separate laundry facilities; Off street parking in rear; Present tenants do not have garage access-that would be separate rent. Great apartments that are accessible to park, shopping; walking; tennis courts, restaurants; Approximately $150/month or more garage rent can be estimated. (very conservative). Exterior 3 unit and garage needs painting & alum capping; Interiors are decent condition; 2 units have gas heat; 2nd floor front unit has heat pump. Taxes can be appealed in 2015, based upon sales price; Off street parking for tenants; Extra Driveway Entrance near Benner hardware has been used for over 50 years; Tenants can easily walk to restaurants, parks, shopping; Central air in 2 units;

Last Agent to Sell the Property

Michael Orlic

(215) 536-9380 michael.orlic@verizon.net Michael E Orlic Real Estate License #SB065394 Listed on: 10/27/2014

Last Buyer's Agent

Sue Deily

(215) 872-9865 suesellshouses@gmail.com RE/MAX 440 - Quakertown License #RS146350A

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 58x238
  • Property is in good condition

Parking

  • 3 Car Detached Garage
  • 5 Open Parking Spaces
  • Parking Lot

Home Design

  • Triplex
  • Brick Exterior Construction
  • Stucco

Unfinished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Radiator
  • Heating System Uses Gas
  • Back Up Gas Heat Pump System
  • Hot Water Heating System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Wall to Wall Carpet
  • Washer and Dryer Hookup

Listing and Financial Details

  • Tax Lot 126
  • Assessor Parcel Number 35-004-126

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $1,200
  • Maintenance Expense $2,000
  • Operating Expense $9,442

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Parking

3

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: Refrigerators Are Landlords (Included-No Warranties)
  • New Construction: No
  • Storage: Basement
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Hookup, Has Laundry

Exterior Features

  • Construction Materials: Stucco, Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 5
  • Garage Features: Oversized
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Parking Lot, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Heat Pump - Gas Backup, Hot Water, Forced Air, Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 31880.00
  • Land Assessed Value: 4520.00
  • Lot Size Acres: 0.27
  • Lot Dimensions: 58X238
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13804.00
  • Property Condition: Good
  • Zoning: C2

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 28500.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 163270
  • Tax Annual Amount: 6242.00
  • Assessor Parcel Number: 35-004-126
  • Tax Lot: 126
  • Tax Year: 2014

MLS Schools

  • School District Name: QUAKERTOWN COMMUNITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2014
Closed on
Dec 22, 2014
Sold by
Inkpen Norman A
Bought by
Deily William R and Deily Susan B
Seller's Agent
Michael Orlic
Michael E Orlic Real Estate
Buyer's Agent
Sue Deily
RE/MAX 440 - Quakertown
List Price
$269,900
Sold Price
$240,000
Premium/Discount to List
-$29,900
-11.08%
Current Estimated Value
$435,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,514
Avg. Annual Appreciation
5.62%
Original Mortgage
$180,000
Outstanding Balance
$138,234
Interest Rate
3.99%
Mortgage Type
Commercial
Estimated Equity
$297,280

Purchase Details

Closed on
Jul 1, 1997
Sold by
Morning Mist Farm Partnership
Bought by
Inkpen Norman A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
7.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 31, 1995
Sold by
Winters Joseph C and Winters Barrie J
Bought by
Hoffmann James F and Hofmann Denise S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 1995
Sold by
Fisher Inkpen Schott Inc
Bought by
Morning Mist Farm Partnership

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
8.33%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Deily William R $240,000 None Available
Inkpen Norman A $145,000 --
Hoffmann James F $1,520,000 --
Morning Mist Farm Partnership $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deily William R $180,000
Previous Owner Inkpen Norman A $32,000
Previous Owner Hoffmann James F $100,000
Previous Owner Morning Mist Farm Partnership $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2015 01/08/15 Sold $240,000 -11.1% --
11/20/2014 11/20/14 Pending -- -- --
10/27/2014 10/27/14 For Sale $269,900 -- --
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 $5,566 $27,650 $4,520 $23,130
2024 $5,566 $27,650 $4,520 $23,130
2023 $5,510 $27,650 $4,520 $23,130
2022 $5,417 $27,650 $4,520 $23,130
2021 $5,417 $27,650 $4,520 $23,130
2020 $5,417 $27,650 $4,520 $23,130
2019 $392 $27,650 $4,520 $23,130
2018 $5,083 $27,650 $4,520 $23,130
2017 $4,926 $27,650 $4,520 $23,130
2016 $686 $27,650 $4,520 $23,130
2015 -- $36,400 $4,520 $31,880
2014 -- $36,400 $4,520 $31,880
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Michael Orlic

    Michael E Orlic Real Estate

    (215) 536-9380

    2 in this area

    16 Total Sales

    Michael Orlic
    Section Image
  • Sue Deily

    Buyer's Agent in 2015

    Sue Deily

    RE/MAX

    (215) 872-9865

    22 in this area

    125 Total Sales

    Sue Deily
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003132256

Bright MLS

APN: 35-004-126

Pennsylvania Bucks County Quakertown 18951

1233 W Broad St, Quakertown, PA

Not Listed for Sale

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