NOT LISTED FOR SALE

155 Union Square Rd Nottingham, PA 19362

Estimated Value: $235,000 - $283,000

-- Bed
2 Baths
1,200 Sq Ft
$213/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $185,000 $154 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,649/month

4 Days on Market

Highlights

  • 2 Acre Lot
  • No HOA
  • Property is in very good condition
  • Rambler Architecture
  • Forced Air Heating System

About This Home

As of January 2021

Looking for an investment property to benefit your financial portfolio and possibly meet the needs of your own? This pretty 2-acre property in East Nottingham Township is open, wooded and sits next to a stream and features a 1200 square foot ranch home that has been converted into two dwellings. Each unit consists of 2 bedrooms, bathroom, kitchen and living space. One-unit rents for $800 and the other unit for $850 for a total of $19,600 per year. Think outside of the box, maybe you need to build a garage for your car collection or other hobby? Maybe you need more outdoor storage space? Or maybe you just want to collect rents from your investment? Whatever your situation is, this is a nice price to start investing. Yearly expenses are $3720 which consists of real estate taxes and insurance. The tenant in 155 maintains the 2 acres for the landlord. Seller is selling the property as is ,any inspections by buyer would be for buyer's informational purposes only.

Last Agent to Sell the Property

Sue Todd

RE/MAX Excellence - Kennett Square License #RS-284394 Listed on: 01/04/2021

RE/MAX Excellence - Kennett Square

Last Buyer's Agent

Lynn Zimmerman

Kingsway Realty - Lancaster License #RM425545

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,767

Year Built

  • Built in 1958

Lot Details

  • 2 Acre Lot
  • Property is in very good condition

Home Design

  • 1,200 Sq Ft Home
  • Duplex
  • Rambler Architecture
  • Metal Roof
  • Vinyl Siding

Parking

  • 10 Parking Spaces
  • 10 Driveway Spaces

Utilities

  • Forced Air Heating System
  • Well
  • Electric Water Heater
  • On Site Septic

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for real estate taxes
  • Tax Lot 0036
  • Assessor Parcel Number 69-05 -0036

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 1-Story Building

Building Details

  • Income includes apartment rentals
  • Insurance Expense $967
  • Operating Expense $3,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,767

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Tenants personal property
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1958
  • Automatically Close On Close Date: No
  • Remarks Public: Looking for an investment property to benefit your financial portfolio and possibly meet the needs of your own? This pretty 2-acre property in East Nottingham Township is open, wooded and sits next to a stream and features a 1200 square foot ranch home that has been converted into two dwellings. Each unit consists of 2 bedrooms, bathroom, kitchen and living space. One-unit rents for $800 and the other unit for $850 for a total of $19,600 per year. Think outside of the box, maybe you need to build a garage for your car collection or other hobby? Maybe you need more outdoor storage space? Or maybe you just want to collect rents from your investment? Whatever your situation is, this is a nice price to start investing. Yearly expenses are $3720 which consists of real estate taxes and insurance. The tenant in 155 maintains the 2 acres for the landlord. Seller is selling the property as is ,any inspections by buyer would be for buyer's informational purposes only.
  • Special Features: None

Interior Features

  • Basement: Yes
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 158.25
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 155-157

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Metal
  • 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: 10
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 10

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: OXFORD AREA
  • School District Key: 300200397339
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 39950.00
  • Land Assessed Value: 35720.00
  • Land Use Code: R20
  • Lot Size Acres: 2.00
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Property Condition: Good, Very Good
  • Year Assessed: 2021
  • Zoning: R2
  • Zoning Description: Tax records show C1, Township verbally told me R2- the tax record is incorrect

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 19800.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 386020
  • School Tax: 2422.00
  • Tax Annual Amount: 2767.00
  • Assessor Parcel Number: 69-05 -0036
  • Tax Lot: 0036
  • Tax Total Finished Sq Ft: 1200
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2021
  • Close Date: 01/29/2021

Multi Family

  • Income Includes: Apartment Rentals
  • Operating Expense: 3720.00

MLS Schools

  • School District Name: OXFORD AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Jan 20, 2021
Sold by
Potchak Christopher S
Bought by
J Mer Properties Llc
Seller's Agent
Sue Todd
RE/MAX Excellence - Kennett Square
Buyer's Agent
Lynn Zimmerman
Kingsway Realty - Lancaster
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%
Current Estimated Value
$254,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,389
Avg. Annual Appreciation
7.42%

Purchase Details

Closed on
Nov 30, 2018
Sold by
Davalos Bonifacio
Bought by
Potchak Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
4.8%
Mortgage Type
Future Advance Clause Open End 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
J Mer Properties Llc $185,000 Regal Abstract L P
Potchak Christopher J $135,000 Power Settlement Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Potchak Christopher J $101,000
Previous Owner Davalos Bonifacio $100,000
Previous Owner Finney Elaine E $19,000
Previous Owner Davalos Bonifacio $51,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $185,000 -2.6% $154 / Sq Ft
01/08/2021 01/08/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $189,900 -- $158 / 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 $3,073 $75,670 $35,720 $39,950
2023 $2,966 $75,670 $35,720 $39,950
2022 $2,862 $75,670 $35,720 $39,950
2021 $2,767 $75,670 $35,720 $39,950
2020 $2,711 $75,670 $35,720 $39,950
2019 $2,688 $75,670 $35,720 $39,950
2018 $2,688 $75,670 $35,720 $39,950
2017 $2,664 $75,670 $35,720 $39,950
2016 $2,536 $75,670 $35,720 $39,950
2015 $2,536 $75,670 $35,720 $39,950
2014 $2,536 $75,670 $35,720 $39,950
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PACT527004

Bright MLS

APN: 69-005-0036.0000