NOT LISTED FOR SALE

134 2nd St Bridgeport, PA 19405

Estimated Value: $553,614

-- Bed
4 Baths
5,700 Sq Ft
$97/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $506,000 $89 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,457/month

4 Days on Market

Highlights

  • 0.16 Acre Lot
  • No HOA
  • Hot Water Baseboard Heater
  • Upper Merion Middle School Rated A
  • Central Air

About This Home

As of August 2021

Investment opportunity! Easy access to Main St. Norristown and King of Prussia. There is ample off street parking in the rear parking lot as well as an easy street to find parking on most days. The property has two first floor units as well as a top unit with 2 floors. The property also recently had roof replaced. This property is registered with the county as a quadriplex however it is currently being utilized as a triplex. All tenants are up to date and current on rent payments. 10% cap rate.

Last Agent to Sell the Property

Chris Yangello

Capital Commercial Real Estate Group Listed on: 05/24/2021

Last Buyer's Agent

Ryan Bailey

Real of Pennsylvania License #RS228621

Real of Pennsylvania

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,626

Year Built

  • Built in 1920

Lot Details

  • 6,800 Sq Ft Lot
  • Lot Dimensions are 54.00 x 0.00

Parking

  • Parking Lot

Home Design

  • Quadruplex
  • Converted Dwelling
  • Masonry

Interior Spaces

  • 5,700 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Hot Water Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tax Lot 010
  • Assessor Parcel Number 02-00-05400-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,626

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: Yes
  • Remarks Public: Investment opportunity! Easy access to Main St. Norristown and King of Prussia. There is ample off street parking in the rear parking lot as well as an easy street to find parking on most days. The property has two first floor units as well as a top unit with 2 floors. The property also recently had roof replaced. This property is registered with the county as a quadriplex however it is currently being utilized as a triplex. All tenants are up to date and current on rent payments. 10% cap rate.
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 5700
  • Living Area Sq Ft: 5700
  • Price Per Sq Ft: 87.54
  • Above Grade Finished Sq Ft: 5700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 134

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: UPPER MERION AREA
  • School District Key: 300200396617
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1136
  • Lot Size Acres: 0.16
  • Lot Dimensions: 54.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6800.00
  • Year Assessed: 2021
  • Zoning: LI

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 594158
  • School Tax: 2644.00
  • Tax Annual Amount: 4626.00
  • Assessor Parcel Number: 02-00-05400-007
  • Tax Lot: 010
  • Tax Total Finished Sq Ft: 5700
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/17/2021

MLS Schools

  • School District Name: UPPER MERION AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2023
Sold by
Garg Patricia A
Bought by
Borough Of Bridgeport
Current Estimated Value
$553,614

Purchase Details

Closed on
Jul 27, 2017
Sold by
Garg Narinder K and Garg Patricia A
Bought by
Garg Patricia A

Purchase Details

Closed on
Sep 20, 1996
Sold by
Derstine Curtis L and Reinford David
Bought by
Garg Narinder K and Garg Patricia A
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
Borough Of Bridgeport $525,000 Germantown Title
Garg Patricia A -- None Available
Garg Narinder K -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2021 08/17/21 Sold $506,000 +1.4% $89 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $499,000 -- $88 / 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
2024 -- $125,000 $47,880 $77,120
2023 $4,791 $125,000 $47,880 $77,120
2022 $4,663 $125,000 $47,880 $77,120
2021 $4,627 $125,000 $47,880 $77,120
2020 $4,552 $125,000 $47,880 $77,120
2019 $4,496 $125,000 $47,880 $77,120
2018 $4,496 $125,000 $47,880 $77,120
2017 $4,380 $125,000 $47,880 $77,120
2016 $4,331 $125,000 $47,880 $77,120
2015 $4,218 $125,000 $47,880 $77,120
2014 $4,218 $125,000 $47,880 $77,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC694730

Bright MLS

APN: 02-00-05400-007