NOT LISTED FOR SALE

148 N Main St Souderton, PA 18964

Estimated Value: $406,000 - $466,419

-- Bed
3 Baths
2,500 Sq Ft
$173/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $425,000 $170 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,734/month

1 Day on Market

Highlights

  • Colonial Architecture
  • Back and Side Yard
  • Open Lot
  • West Broad Street Elementary School Rated A
  • Property is in excellent condition
  • 4-minute walk to Chestnut Street Park

About This Home

As of June 2023

Rarely offered triplex with private parking in fantastic location in Souderton. Fully turn-key with many upgrades in the last few years including: new kitchens/appliances in two units, new roof, new hot water heaters, laminate flooring and carpeting, exterior cosmetic updates, and many more. The home is separated into 3 units as follows: 2- 1 bedrooms and 1 - 2 bedroom. Unit A contains 1 bedroom and has a front entrance off Main street with a kitchen and living room area on the 2nd floor, and bedroom with full bath on 3rd floor. Unit B has a 1st floor rear entrance and encompasses entirety of the 1st floor with 2 bedrooms with generous closets and, large kitchen area. Unit C is accessed from the 2nd floor rear of property and has 1 bedroom. This property is zoned commercial with 5 of street parking spots. Tenants are responsible for their own water and electric. Don’t miss this opportunity for a fantastic, turn key investment!

Last Agent to Sell the Property

Janice Livshits

(215) 275-7380 janiceliv@yahoo.com Long & Foster Real Estate, Inc. Listed on: 05/15/2023

Long & Foster Real Estate, Inc.

Last Buyer's Agent

John Zygmont

(267) 495-9005 zygmontrealestate@gmail.com Class-Harlan Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,180

Year Built

  • Built in 1975

Lot Details

  • 6,825 Sq Ft Lot
  • Lot Dimensions are 41.00 x 0.00
  • Open Lot
  • Back and Side Yard
  • Property is in excellent condition

Home Design

  • Triplex
  • Colonial Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Parking Lot

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • 3 Units
  • Trash Expense $720

Listing and Financial Details

  • Assessor Parcel Number 21-00-04936-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,180

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Any and all tenant possessions
  • Historic: No
  • New Construction: No
  • Expected On Market: 2023-05-15
  • Year Built: 1975
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Slab
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Price Per Sq Ft: 170.00
  • Above Grade Finished Sq Ft: 2500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 148

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 5

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: SOUDERTON AREA
  • School District Key: 300200397037
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 1134
  • Lot Features: Open, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.16
  • Lot Dimensions: 41.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6825.00
  • Property Condition: Excellent
  • Zoning: C1

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5180.00
  • Assessor Parcel Number: 21-00-04936-002
  • Tax Total Finished Sq Ft: 1808
  • Tax Year: 2023
  • Close Date: 06/30/2023

MLS Schools

  • School District Name: SOUDERTON AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2023
Closed on
Jun 9, 2023
Sold by
Montco Real Estate Llc
Bought by
Mason Investment Properties Llc
Seller's Agent
Janice Livshits
Long & Foster Real Estate, Inc.
Buyer's Agent
John Zygmont
Class-Harlan Real Estate, LLC
List Price
$425,000
Sold Price
$425,000
Views
22
Current Estimated Value
$432,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,605
Avg. Annual Appreciation
0.80%
Original Mortgage
$318,750
Outstanding Balance
$310,831
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$121,774

Purchase Details

Listed on
Oct 8, 2020
Closed on
Nov 20, 2020
Sold by
Knechel Ernest J and Knechel Robyn A
Bought by
Montco Real Estate Llc
Seller's Agent
Ernie Knechel
Rockland Capital LLC
Buyer's Agent
Janice Livshits
Long & Foster Real Estate, Inc.
List Price
$350,000
Sold Price
$338,000
Premium/Discount to List
-$12,000
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.17%
Original Mortgage
$270,400
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 23, 2015
Closed on
Mar 1, 2016
Sold by
Rvp Ii Llc
Bought by
Knechel Ernest J and Knechel Robyn A
Seller's Agent
Ryan Godshall
Keller Williams Real Estate-Montgomeryville
Buyer's Agent
Ernie Knechel
Rockland Capital LLC
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.74%
Original Mortgage
$150,000
Interest Rate
6%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 10, 2005
Sold by
Not Provided
Bought by
Rvpii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mason Investment Properties Llc $425,000 None Listed On Document
Montco Real Estate Llc $338,000 None Available
Knechel Ernest J $150,000 None Available
Rvpii Llc $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mason Investment Properties Llc $318,750
Previous Owner Montco Real Estate Llc $270,400
Previous Owner Knechel Ernest J $200,000
Previous Owner Knechel Ernest J $150,000
Previous Owner Rvpii Llc $750,000
Previous Owner Rvp Ii Llc $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $425,000 0.0% $170 / Sq Ft
05/15/2023 05/15/23 For Sale $425,000 +25.7% $170 / Sq Ft
11/20/2020 11/20/20 Sold $338,000 -3.4% $135 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $350,000 +133.3% $140 / Sq Ft
03/01/2016 03/01/16 Sold $150,000 -3.2% $83 / Sq Ft
01/09/2016 01/09/16 Pending -- -- --
12/23/2015 12/23/15 For Sale $155,000 -- $86 / 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 $5,401 $119,580 $48,550 $71,030
2024 $5,401 $119,580 $48,550 $71,030
2023 $5,079 $119,580 $48,550 $71,030
2022 $4,938 $119,580 $48,550 $71,030
2021 $4,818 $119,580 $48,550 $71,030
2020 $4,745 $119,580 $48,550 $71,030
2019 $4,693 $119,580 $48,550 $71,030
2018 $1,120 $119,580 $48,550 $71,030
2017 $4,561 $119,580 $48,550 $71,030
2016 $4,515 $119,580 $48,550 $71,030
2015 $4,499 $119,580 $48,550 $71,030
2014 $4,434 $119,580 $48,550 $71,030
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAMC2071482

Bright MLS

APN: 21-00-04936-002