NOT LISTED FOR SALE

132 Cottage St Unit 2 Doylestown, PA 18901

Estimated Value: $468,000 - $664,000

-- Bed
3 Baths
1,472 Sq Ft
$390/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $629,000 $427 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $3,393/month

7 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Downtown Location
  • Forced Air Heating and Cooling System
  • Linden El School Rated A
  • Ceiling height of 9 feet or more
  • Replacement Windows

About This Home

As of May 2024

Stunning Duplex with Modern Updates in Prime Location Welcome to your next investment opportunity! This immaculate duplex offers not one, but two fully updated units, each boasting modern amenities and luxurious finishes. Situated in a highly sought-after location, this property promises convenience, comfort, and an excellent return on investment. Key Features: - Fully Renovated Units: Both units have undergone extensive renovations, featuring new heat/AC systems, washer and dryers, appliances, flooring, and beautifully remodeled kitchens and bathrooms. - Turn-Key Rental: Ideal for investors seeking hassle-free ownership, this duplex is move-in ready with everything tenants need for a comfortable lifestyle. - New Roof & Landscaping: Enjoy peace of mind with a brand-new roof and professionally landscaped exterior, enhancing curb appeal and longevity. - Convenient Parking: Ample driveway parking ensures convenience for tenants and visitors alike, eliminating the hassle of street parking. - Prime Location: Nestled within walking distance to downtown shops, restaurants, and the picturesque Fonthill Castle with its sprawling 60-acre walking trails. Additionally, the property is within the catchment area of Doylestown's esteemed public schools. Investment Opportunity: With consistent rental demand and a prime location, this duplex presents an exceptional investment opportunity. Whether you're a seasoned investor or a first-time landlord, this property offers the perfect blend of convenience, quality, and potential for long-term success. Don't miss out on the chance to own this turn-key rental property in one of the most desirable areas. Schedule your viewing today and unlock the potential of this remarkable duplex!

Last Agent to Sell the Property

Stephen Kennedy

KW Empower Listed on: 04/02/2024

KW Empower

Last Buyer's Agent

Kara Stenger

Compass License #RS353799

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,006

Year Built

  • Built in 1949 | Remodeled in 2023

Lot Details

  • Downtown Location
  • Property is in excellent condition

Parking

  • Shared Driveway

Home Design

  • Duplex
  • Slab Foundation
  • Pitched Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,472 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Replacement Windows
  • Six Panel Doors

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Laundry

  • Dryer
  • Washer

Schools

  • Central Bucks High School West

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Electric Water Heater

Community Details

  • 2 Units
  • 2-Story Building
  • Doylestown Subdivision

Listing and Financial Details

  • Tax Lot 191-0C2
  • Assessor Parcel Number 08-009-191-0C2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,006

Year Built

Built in 1949 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenants belongings.
  • Inclusions: Appliances owned by seller.
  • New Construction: No
  • Year Built: 1949
  • Year Renovated: 2023
  • Automatically Close On Close Date: No
  • Remarks Public: Stunning Duplex with Modern Updates in Prime Location Welcome to your next investment opportunity! This immaculate duplex offers not one, but two fully updated units, each boasting modern amenities and luxurious finishes. Situated in a highly sought-after location, this property promises convenience, comfort, and an excellent return on investment. Key Features: - Fully Renovated Units: Both units have undergone extensive renovations, featuring new heat/AC systems, washer and dryers, appliances, flooring, and beautifully remodeled kitchens and bathrooms. - Turn-Key Rental: Ideal for investors seeking hassle-free ownership, this duplex is move-in ready with everything tenants need for a comfortable lifestyle. - New Roof & Landscaping: Enjoy peace of mind with a brand-new roof and professionally landscaped exterior, enhancing curb appeal and longevity. - Convenient Parking: Ample driveway parking ensures convenience for tenants and visitors alike, eliminating the hassle of street parking. - Prime Location: Nestled within walking distance to downtown shops, restaurants, and the picturesque Fonthill Castle with its sprawling 60-acre walking trails. Additionally, the property is within the catchment area of Doylestown's esteemed public schools. Investment Opportunity: With consistent rental demand and a prime location, this duplex presents an exceptional investment opportunity. Whether you're a seasoned investor or a first-time landlord, this property offers the perfect blend of convenience, quality, and potential for long-term success. Don't miss out on the chance to own this turn-key rental property in one of the most desirable areas. Schedule your viewing today and unlock the potential of this remarkable duplex!
  • Special Features: NewHome

Interior Features

  • Appliances: Stove, Refrigerator, Dishwasher, Microwave, Washer, Dryer
  • Flooring Type: Luxury Vinyl Plank, Ceramic Tile
  • Window Features: Replacement
  • Fireplace: No
  • Door Features: Six Panel
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Slab
  • Basement: No
  • Total Sq Ft: 1472
  • Living Area Sq Ft: 1472
  • Price Per Sq Ft: 427.31
  • Above Grade Finished Sq Ft: 1472
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 132

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Exterior Features: Sidewalks
  • Roof: Pitched, Asphalt
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Shared Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: CENTRAL BUCKS
  • High School: CENTRAL BUCKS HIGH SCHOOL WEST
  • School District Key: 300200397327
  • School District Source: Listing Agent
  • High School: CENTRAL BUCKS HIGH SCHOOL WEST

Lot Info

  • Land Use Code: 1013
  • Lot Size Units: Square Feet
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: R2
  • Zoning Description: Multi family.

Rental Info

  • Existing Lease Type: Month To Month
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 2237.00
  • Tax Annual Amount: 3006.00
  • Assessor Parcel Number: 08-009-191-0C2
  • Tax Lot: 191-0C2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 05/17/2024

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: CENTRAL BUCKS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
May 13, 2024
Sold by
Gregory Andrew and Gregory Devin
Bought by
Damiano Nicholas Gerard and Pedersen Morgan Elaine
Seller's Agent
Stephen Kennedy
KW Empower
Buyer's Agent
Kara Stenger
Compass
List Price
$629,000
Sold Price
$629,000
Views
75
Current Estimated Value
$573,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,403
Avg. Annual Appreciation
-6.95%
Original Mortgage
$617,607
Outstanding Balance
$609,512
Interest Rate
6.88%
Mortgage Type
FHA
Estimated Equity
-$35,915

Purchase Details

Listed on
Oct 20, 2021
Closed on
Nov 22, 2021
Sold by
Munn Barbara A
Bought by
Gregory Andrew and Gregory Devin
Seller's Agent
Sue Jones
Keller Williams Real Estate-Doylestown
Buyer's Agent
Carolyn Braithwaite
Keller Williams Real Estate-Horsham
List Price
$425,000
Sold Price
$390,500
Premium/Discount to List
-$34,500
-8.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.19%

Purchase Details

Closed on
Jul 3, 2021
Sold by
Cama Sdira Llc
Bought by
Munn Barbara A

Purchase Details

Closed on
Dec 23, 2013
Sold by
Munn Group Flp
Bought by
Munn Barbara A

Purchase Details

Closed on
Mar 25, 2011
Sold by
J S R Properties L L C
Bought by
Munn Group F L P and Cama Sdira Llc

Purchase Details

Closed on
Feb 21, 2009
Sold by
Sadeghi Homayoun and Sadeghi Julia
Bought by
J S R Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
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
Damiano Nicholas Gerard $629,000 Sqs Square Settlements
Gregory Andrew $390,500 Greater Montgomery Stlmt Svc
Munn Barbara A -- None Available
Munn Barbara A -- None Available
Munn Group F L P $320,000 None Available
J S R Properties Llc $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Damiano Nicholas Gerard $617,607
Previous Owner J S R Properties Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $629,000 0.0% $427 / Sq Ft
04/02/2024 04/02/24 For Sale $629,000 +61.1% $427 / Sq Ft
11/22/2021 11/22/21 Sold $390,500 -8.1% $265 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $425,000 -- $289 / 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 $3,199 $17,760 -- $17,760
2024 $3,199 $17,760 $0 $17,760
2023 $3,048 $17,760 $0 $17,760
2022 $3,006 $17,760 $0 $17,760
2021 $2,973 $17,760 $0 $17,760
2020 $2,940 $17,760 $0 $17,760
2019 $2,908 $17,760 $0 $17,760
2018 $2,872 $17,760 $0 $17,760
2017 $2,842 $17,760 $0 $17,760
2016 $2,842 $17,760 $0 $17,760
2015 -- $17,760 $0 $17,760
2014 -- $17,760 $0 $17,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2067946

Bright MLS

APN: 08-009-191-0C2