NOT LISTED FOR SALE

1310 Mount Laurel Rd Temple, PA 19560

Outer Muhlenberg Township Neighborhood

Estimated Value: $412,000

-- Bed
-- Bath
-- Sq Ft
0.42 Acres

Last Sold November 08, 2017

Last sale price $215,000

Est. 92% increase in value since last sale

Current estimated payment $2,390/month

4 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Gas
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of November 2017

Rare opportunity to purchase a 4 unit apartment building with 5 rental garages and the ability to pursue adding 2 more apartments and rent the 6th "owners garage". Room to increase rents in both the apartments and the garages. This is not a typical house cut into apartments; but, rather an adaptive re-use of a prior concrete block building. Property is currently zoned R-3 and considered an approved non-conforming use. All apartments have w/d hookups. Two of the 925 sq.ft. 2b/1b units have electric heat and a/c (mini-splits) and electric hot water. The electric is individually metered in these 2 apartments and paid by the tenant's. The smaller 2b/1b and the 1b/1b are currently on an owners meter (electric is paid by owner)and they share a natural gas furnace for heat and hot water (also paid by owner). The electric and gas could be individually metered for both of these apartments. The property is served by natural gas and public water/sewer. The 2nd story of the eastern side of the building is currently an open unfinished area well suited for the addition of 2 more apartments. There is a small separately deeded vacant lot to the east of the building (1312 Mt. Laurel Rd) that is included with the sale.

Last Agent to Sell the Property

Zack Moore

Beckham & Pierce, Inc Listed on: 10/04/2017

Last Buyer's Agent

Anthony Borelli

Century 21 Gold License #RS227951L

Century 21 Gold

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,785

Year Built

  • Built in 1936

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 165 x 150
  • Property is in below average condition

Home Design

  • Brick Foundation
  • Shingle Roof

Parking

  • 5 Open Parking Spaces
  • 9 Parking Spaces

Schools

  • Muhlenberg High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas

Additional Features

  • En-Suite Primary Bedroom
  • Washer and Dryer Hookup

Listing and Financial Details

  • Tax Lot 4712
  • Assessor Parcel Number 66-5319-05-17-4712

Community Details

Overview

  • No Home Owners Association
  • Temple Subdivision

Building Details

  • Electric Expense $1,500
  • Insurance Expense $1,500
  • Maintenance Expense $2,300
  • Other Expense $200
  • Operating Expense $14,660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,785

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 200.00
  • Year Built: 1936
  • Remarks Public: Rare opportunity to purchase a 4 unit apartment building with 5 rental garages and the ability to pursue adding 2 more apartments and rent the 6th "owners garage". Room to increase rents in both the apartments and the garages. This is not a typical house cut into apartments; but, rather an adaptive re-use of a prior concrete block building. Property is currently zoned R-3 and considered an approved non-conforming use. All apartments have w/d hookups. Two of the 925 sq.ft. 2b/1b units have electric heat and a/c (mini-splits) and electric hot water. The electric is individually metered in these 2 apartments and paid by the tenant's. The smaller 2b/1b and the 1b/1b are currently on an owners meter (electric is paid by owner)and they share a natural gas furnace for heat and hot water (also paid by owner). The electric and gas could be individually metered for both of these apartments. The property is served by natural gas and public water/sewer. The 2nd story of the eastern side of the building is currently an open unfinished area well suited for the addition of 2 more apartments. There is a small separately deeded vacant lot to the east of the building (1312 Mt. Laurel Rd) that is included with the sale.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Room List: Primary Bedroom
  • Basement: No
  • Laundry Type: Hookup
  • Street Number Modifier: 1310

Exterior Features

  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 5
  • Total Garage And Parking Spaces: 9

Utilities

  • Annual Heating Expense: 1175.00
  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Expense: 1500.00
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Gas, Electric
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 3200.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MUHLENBERG
  • High School: MUHLENBERG
  • School District Key: 300200397508
  • High School: MUHLENBERG

Lot Info

  • Improvement Assessed Value: 94100.00
  • Land Assessed Value: 21400.00
  • Land Use Code: 4263
  • Lot Size Acres: 0.42
  • Lot Dimensions: 165 X 150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18295.00
  • Property Condition: Below Average
  • Zoning: R-3

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 37500.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 8,Unit 3,Unit 6,Unit 7,Unit 9

Tax Info

  • Assessor Parcel Number: 1548090
  • Tax Annual Amount: 4785.00
  • Assessor Parcel Number: 66-5319-05-17-4712
  • Tax Lot: 4712
  • Tax Year: 2017
  • Close Date: 11/08/2017

MLS Schools

  • School District Name: MUHLENBERG

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2017
Closed on
Nov 8, 2017
Sold by
Blankenbiller Todd L
Bought by
Barak Rakesh and Barak Shalini
Seller's Agent
Zack Moore
Beckham & Pierce, Inc
Buyer's Agent
Anthony Borelli
Century 21 Gold
List Price
$250,000
Sold Price
$215,000
Premium/Discount to List
-$35,000
-14%
Current Estimated Value
$412,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,000
Avg. Annual Appreciation
8.70%

Purchase Details

Closed on
Nov 20, 1995
Bought by
Blankenbiller Todd L
Source: Public Records

Range of Values:

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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
Barak Rakesh $215,000 --
Blankenbiller Todd L $74,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blankenbiller Todd L $178,500
Previous Owner Blankenbiller Todd L $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2017 11/08/17 Sold $215,000 -14.0% --
10/08/2017 10/08/17 Pending -- -- --
10/04/2017 10/04/17 For Sale $250,000 -- --
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 $1,734 $115,500 $21,400 $94,100
2024 $5,561 $115,500 $21,400 $94,100
2023 $5,219 $115,500 $21,400 $94,100
2022 $5,132 $115,500 $21,400 $94,100
2021 $5,011 $115,500 $21,400 $94,100
2020 $5,011 $115,500 $21,400 $94,100
2019 $4,905 $115,500 $21,400 $94,100
2018 $4,818 $115,500 $21,400 $94,100
2017 $4,728 $115,500 $21,400 $94,100
2016 $1,400 $115,500 $21,400 $94,100
2015 $1,400 $115,500 $21,400 $94,100
2014 $1,400 $115,500 $21,400 $94,100
Source: Public Records

Agents Affiliated with this Home

  • Zack Moore

    Seller's Agent in 2017

    Zack Moore

    Beckham & Pierce, Inc

    (484) 256-5136

    6 Total Sales

    Zack Moore
    Section Image
  • Anthony Borelli

    Buyer's Agent in 2017

    Anthony Borelli

    Century 21 Gold

    (610) 507-3520

    4 in this area

    281 Total Sales

    Anthony Borelli
    Section Image
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Map

Source: Bright MLS

MLS Number: 1004080569

Bright MLS

APN: 66-5319-05-17-4712

Pennsylvania Berks County Temple 19560 Outer Muhlenberg Township

1310 Mount Laurel Rd, Temple, PA

This home is located at 1310 Mount Laurel Rd, Temple, PA 19560 since 04 October 2017 and is currently estimated at $412,000. This property was built in 1936. 1310 Mount Laurel Rd is a home located in Berks County with nearby schools including Muhlenberg Elementary Center, C E Cole Intermediate School, and Muhlenberg Junior High School.

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