$200,000
SOLD JAN 29, 2016

150 S Main St Quakertown, PA 18951

-- Bed
-- Bath
1,991 Sq Ft
7,187 Sq Ft Lot

Recently Sold

$100 Per Sq Ft

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Oil
  • 2 Car Detached Garage

About This Home

As of December 2020

Great Investment opportunity in the Borough of Quakertown. First floor unit has 1 BR, 1 Bath, Living Room & Dining Room, Second Floor unit has 2 BR's, 1 Bath, Living Room, & Kitchen. 2 Car garage on property, each tenant gets a one side with rent. Close to shopping, commuting and downtown. Current tenants on month to month lease, current rent values are below market.

Last Agent to Sell the Property

Cheryl Snyder Teichman

(215) 801-0583 csnyder@remax440.com RE/MAX 440 - Quakertown License #RM420773 Listed on: 11/16/2015

Co-Listed By

Debbie Litzenberger

dlitzenberger@remax440.com RE/MAX 440 - Perkasie License #TREND:60059660

Last Buyer's Agent

Ken Cressman

(215) 872-6669 kcressman@remax440.com RE/MAX 440 - Quakertown License #RS-162558-A

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,933

Year Built

  • Built in 1940

Lot Details

  • 7,187 Sq Ft Lot
  • Lot Dimensions are 50x152
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • 3 Open Parking Spaces

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,991 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Schools

  • Quakertown Community Senior High School

Utilities

  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 049
  • Assessor Parcel Number 35-004-049

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $550
  • Maintenance Expense $1,011
  • Operating Expense $5,355

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,933

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1940
  • Remarks Public: Great Investment opportunity in the Borough of Quakertown. First floor unit has 1 BR, 1 Bath, Living Room & Dining Room, Second Floor unit has 2 BR's, 1 Bath, Living Room, & Kitchen. 2 Car garage on property, each tenant gets a one side with rent. Close to shopping, commuting and downtown. Current tenants on month to month lease, current rent values are below market.
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Hookup
  • Total Sq Ft: 1991
  • Living Area Sq Ft: 1991
  • Price Per Sq Ft: 100.40
  • Above Grade Finished Sq Ft: 1991
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 150

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil, Electric
  • Heating Type: Oil, Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 861.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: QUAKERTOWN COMMUNITY
  • High School: QUAKERTOWN COMMUNITY SENIOR
  • School District Key: 300200397165
  • High School: QUAKERTOWN COMMUNITY SENIOR

Lot Info

  • Improvement Assessed Value: 13680.00
  • Land Assessed Value: 3120.00
  • Land Use Code: 1012
  • Lot Size Acres: 0.16
  • Lot Dimensions: 50X152
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7187.00
  • Property Condition: Good
  • Zoning: R3

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 17700.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 163185
  • Tax Annual Amount: 2933.00
  • Assessor Parcel Number: 35-004-049
  • Tax Lot: 049
  • Tax Year: 2015
  • Close Date: 01/29/2016

MLS Schools

  • School District Name: QUAKERTOWN COMMUNITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2020
Closed on
Dec 22, 2020
Sold by
Schulberger Michael J
Bought by
Abreu Chabely and Ovalle Maria M
Seller's Agent
Ken Cressman
RE/MAX 440 - Quakertown
Buyer's Agent
Andy Perez
Realty Mark Cityscape
List Price
$279,900
Sold Price
$285,000
Premium/Discount to List
$5,100
1.82%
Current Estimated Value
$373,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,453
Avg. Annual Appreciation
4.28%
Original Mortgage
$279,837
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 16, 2015
Closed on
Jan 29, 2016
Sold by
Verzilli Andrew C
Bought by
Schulberger Michael J
Seller's Agent
Cheryl Snyder Teichman
RE/MAX 440 - Quakertown
Buyer's Agent
Ken Cressman
RE/MAX 440 - Quakertown
List Price
$199,900
Sold Price
$200,000
Premium/Discount to List
$100
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%
Original Mortgage
$196,377
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 21, 1995
Sold by
Boerner Jeffrey A and Boerner Carol T
Bought by
Boericke Karl J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,300
Interest Rate
7.86%
Mortgage Type
Assumption
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 Type Sale Price Title Company
Deed $285,000 Interstate Abstract
Deed $200,000 None Available
Deed $117,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $279,837 FHA
Previous Owner $196,377 FHA
Previous Owner $117,300 Assumption
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold $285,000 0.0% $143 / Sq Ft
12/01/2020 12/01/20 Price Changed $285,000 +1.8% $143 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $279,900 +40.0% $141 / Sq Ft
01/29/2016 01/29/16 Sold $200,000 +0.1% $100 / Sq Ft
12/14/2015 12/14/15 Pending -- -- --
11/16/2015 11/16/15 For Sale $199,900 +3.8% $100 / Sq Ft
06/28/2012 06/28/12 Sold $192,500 -7.9% $97 / Sq Ft
05/30/2012 05/30/12 Pending -- -- --
04/20/2012 04/20/12 For Sale $209,000 -- $105 / 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 $3,382 $16,800 $3,120 $13,680
2024 $3,382 $16,800 $3,120 $13,680
2023 $3,348 $16,800 $3,120 $13,680
2022 $3,291 $16,800 $3,120 $13,680
2021 $3,291 $16,800 $3,120 $13,680
2020 $3,291 $16,800 $3,120 $13,680
2019 $3,200 $16,800 $3,120 $13,680
2018 $3,089 $16,800 $3,120 $13,680
2017 $2,993 $16,800 $3,120 $13,680
2016 -- $16,800 $3,120 $13,680
2015 -- $16,800 $3,120 $13,680
2014 -- $16,800 $3,120 $13,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002738616

Bright MLS

APN: 35-004-049