Seller's Agent in 2023
Vaughn Derassouyan
Keller Williams Real Estate-Langhorne
(215) 208-7681
14 in this area
236 Total Sales
134 Sandybrook Dr Langhorne, PA 19047
Middletown Township NeighborhoodEstimated Value: $503,000 - $530,000
--
Bed
2
Baths
2,104
Sq Ft
$244/Sq Ft
Est. Value
Highlights
- Contemporary Architecture
- 1 Car Attached Garage
- Forced Air Heating and Cooling System
About This Home
As of December 2023Exceptional and unique investment opportunity in the heart of Langhorne, Pennsylvania. This tastefully updated and meticulously maintained duplex at 134-136 Sandybrook Drive offers an attractive rental income and return on investment. The property boasts a charming curb appeal, with well-kept landscaping and a welcoming facade. Both units offer thoughtfully designed layouts that maximize space and functionality. Each unit features an open living area that seamlessly flows into a dining space and kitchen, creating a comfortable environment for occupants. The interiors are equipped with modern amenities, ensuring the comfort and convenience of tenants. These amenities may include updated kitchens with stainless steel appliances, contemporary fixtures, ample storage, and more. This unit is being sold as part of a package of 3 other duplexes. 130-132 Sandybrook, 138-140 Sandybrook and 142-144 Sandybrook, There are 8 doors in total and 2 buildings. The duplex consist of a 2 bedroom 1 bath on the 1st floor and the 2nd floor consists of a 3 bedroom 1 bath and has access to the garage. Each unit has newer windows and sliders. Most have newer flooring. The heating and water heaters are gas fired. Currently the the tenants pay their share of water, sewer and trash along with their electric, gas and any cable/data. Landlord has the responsibility of grass cutting. Current annual gross income from the 8 units is $167,400. The current rental income is fair but still could be increased substantially . All units are occupied mostly long term tenants in place. Terrific 1031 Exchange opportunity for that savvy investor!! With a strong rental market in Langhorne and the surrounding areas, this duplex offers attractive potential for consistent rental income. Investors can benefit from the stability of the rental market and the long-term growth potential of real estate. Location is convenient to all kinds of shopping, major roads, mass transit, regional rail and bridges to New Jersey. Making this asset very marketable and tenant friendly. Don't miss the chance to capitalize on this exceptional real estate opportunity. Showings are Saturday 8/19/23 10:30am-1pm. Monday 8/21/23 5-7pm. Tuesday 8/22/23 5-7pm
Last Agent to Sell the Property
Keller Williams Real Estate-Langhorne License #RS318942 Listed on: 08/16/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,801
Year Built
- Built in 1987
Lot Details
- 40 Sq Ft Lot
Parking
- 1 Car Attached Garage
- Front Facing Garage
- Driveway
- On-Street Parking
Home Design
- 2,104 Sq Ft Home
- Duplex
- Contemporary Architecture
- Slab Foundation
- Frame Construction
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tax Lot 429
- Assessor Parcel Number 22-049-429
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 16, 2023
Closed on
Nov 18, 2023
Sold by
Mlg Property Llc
Bought by
Cottage Street Investments Llc
Seller's Agent
Vaughn Derassouyan
Keller Williams Real Estate-Langhorne
Buyer's Agent
Howard Gottlieb
Keller Williams Real Estate-Langhorne
List Price
$500,000
Sold Price
$487,500
Premium/Discount to List
-$12,500
-2.5%
Views
78
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,167
Avg. Annual Appreciation
2.99%
Original Mortgage
$1,000,000
Outstanding Balance
$983,209
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
-$470,542
Purchase Details
Closed on
Feb 23, 2022
Sold by
Lomas Antoinette Theresa and Knable Antoinette Theresa
Bought by
Mlg Property Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
3.69%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 7, 2009
Sold by
Lomas Benjamin
Bought by
Lomas Antoinette Theresa
Purchase Details
Closed on
Oct 22, 1997
Sold by
Chast William H and Chast Karen M
Bought by
Lomas Benjamin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
7.05%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cottage Street Investments Llc | $1,950,000 | Land Services Usa | |
| Mlg Property Llc | $1,500,000 | Bucks County Abstract Services | |
| Lomas Antoinette Theresa | -- | None Available | |
| Lomas Benjamin | $132,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cottage Street Investments Llc | $1,000,000 | |
| Previous Owner | Mlg Property Llc | $1,050,000 | |
| Previous Owner | Lomas Benjamin | $92,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2023 12/15/23 | Sold | $487,500 | -2.5% | $232 / Sq Ft |
| 08/17/2023 08/17/23 | Pending | -- | -- | -- |
| 08/16/2023 08/16/23 | For Sale | $500,000 | -- | $238 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,895 | $27,080 | $5,120 | $21,960 |
| 2024 | $5,895 | $27,080 | $5,120 | $21,960 |
| 2023 | $5,802 | $27,080 | $5,120 | $21,960 |
| 2022 | $5,649 | $27,080 | $5,120 | $21,960 |
| 2021 | $5,649 | $27,080 | $5,120 | $21,960 |
| 2020 | $5,582 | $27,080 | $5,120 | $21,960 |
| 2019 | $5,457 | $27,080 | $5,120 | $21,960 |
| 2018 | $5,357 | $27,080 | $5,120 | $21,960 |
| 2017 | $5,220 | $27,080 | $5,120 | $21,960 |
| 2016 | $5,220 | $27,080 | $5,120 | $21,960 |
| 2015 | $5,616 | $27,080 | $5,120 | $21,960 |
| 2014 | $5,616 | $27,080 | $5,120 | $21,960 |
Source: Public Records
Agents Affiliated with this Home
-
Vaughn Derassouyan
-
Howard Gottlieb
Buyer's Agent in 2023
Howard Gottlieb
Keller Williams Real Estate-Langhorne
(215) 962-5880
12 in this area
82 Total Sales
Map
Source: Bright MLS
MLS Number: PABU2055142
APN: 22-049-429
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