Seller's Agent in 2021
Jeffrey Palmer
BHHS Fox & Roach
(215) 962-3239
2 in this area
92 Total Sales
14 Church St Willow Grove, PA 19090
Estimated Value: $584,000 - $841,691
--
Bed
4
Baths
3,210
Sq Ft
$224/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- 1 Fireplace
- Double Pane Windows
- Upper Moreland Intermediate School Rated A-
- No HOA
- Forced Air Heating System
About This Home
As of October 2021Fantastic investment alert! This Willow Grove residential quadplex plus garage with a long rental history is for sale for the first time in 35 years. This property is in a great location with many amenities including private parking for each unit and a washer and dryer in each unit. Total historical rental income of $57,900 for all units including the garage with the potential for much more. The buildings have been well maintained over the years with most windows replaced recently painted exterior and newer heaters installed in 2015. 12A is a 1 bed, 1 full bath plus a den that is rented for $1,000 a month with the current tenant in place for over 4 years. This unit has private access to the basement for additional storage. 12B is 3 beds and 1 full bath and is rented currently for $1,300 a month with the tenant in place for 4.5 years. 14A is 2 beds, 1 bath and is currently vacant but was previously rented for $1,125 a month. The owner has many willing tenants and will likely be rented shortly. This unit has a recently updated bathroom with a new vanity and luxury vinyl tile floor. 14B is a 3 bed 1 bath unit that is rented for $1,200 a month and the current tenant has been in place for over 5 years. The rear garage is rented for $200 a month but that tenant takes care of snow plowing for the parking lot and driveway. Owner currently pays approximately $3,600 a year in utilities that includes water, sewer, common area electric and lawn maintenance. This is a turn key investment with a long rental history in a fantastic location for future income growth. Showings start on Thursday July 22nd.
Last Agent to Sell the Property
BHHS Fox & Roach-Blue Bell License #RS325817 Listed on: 07/20/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,483
Year Built
- Built in 1890
Lot Details
- 4,290 Sq Ft Lot
- Lot Dimensions are 50.00 x 0.00
- Property is in excellent condition
Home Design
- Quadruplex
- Colonial Architecture
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,210 Sq Ft Home
- 1 Fireplace
- Double Pane Windows
- Carpet
- Basement Fills Entire Space Under The House
Kitchen
- Gas Oven or Range
- Dishwasher
Laundry
- Dryer
- Washer
Parking
- 7 Open Parking Spaces
- 7 Parking Spaces
- Parking Lot
Eco-Friendly Details
- Energy-Efficient Windows
Utilities
- Forced Air Heating System
- 200+ Amp Service
- Natural Gas Water Heater
Listing and Financial Details
- The owner pays for sewer, water
- Tax Lot 030
- Assessor Parcel Number 59-00-02971-003
Community Details
Overview
- No Home Owners Association
- 4 Units
- 4-Story Building
Building Details
- 1 Vacant Unit
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 20, 2021
Closed on
Oct 14, 2021
Sold by
Mcdonough James R
Bought by
Pease Theodore and Pease Diana
Seller's Agent
Jeffrey Palmer
BHHS Fox & Roach-Blue Bell
Buyer's Agent
Sean Elstone
Keller Williams Main Line
List Price
$695,000
Sold Price
$656,000
Premium/Discount to List
-$39,000
-5.61%
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
$48,887
Avg. Annual Appreciation
2.57%
Original Mortgage
$492,000
Interest Rate
3.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 29, 1986
Bought by
Mcdonough James R and Susan Callahan
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pease Theodore | $656,000 | None Listed On Document | |
| Mcdonough James R | $173,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Pease Theodore | $492,000 | |
| Previous Owner | Mcdonough James | $189,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/15/2021 10/15/21 | Sold | $656,000 | -5.6% | $204 / Sq Ft |
| 07/20/2021 07/20/21 | For Sale | $695,000 | -- | $217 / 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 |
|---|---|---|---|---|
| 2024 | $7,290 | $153,370 | $46,700 | $106,670 |
| 2023 | $6,988 | $153,370 | $46,700 | $106,670 |
| 2022 | $6,571 | $153,370 | $46,700 | $106,670 |
| 2021 | $6,483 | $153,370 | $46,700 | $106,670 |
| 2020 | $6,269 | $153,370 | $46,700 | $106,670 |
| 2019 | $6,131 | $153,370 | $46,700 | $106,670 |
| 2018 | $6,132 | $153,370 | $46,700 | $106,670 |
| 2017 | $5,857 | $153,370 | $46,700 | $106,670 |
| 2016 | $5,797 | $153,370 | $46,700 | $106,670 |
| 2015 | $5,501 | $153,370 | $46,700 | $106,670 |
| 2014 | $5,501 | $153,370 | $46,700 | $106,670 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Sean Elstone
Keller Williams Main Line
(610) 209-1934
1 in this area
94 Total Sales
Map
Source: Bright MLS
MLS Number: PAMC2004400
APN: 59-00-02971-003
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