NOT LISTED FOR SALE

179 N Main St Souderton, PA 18964

Estimated Value: $657,007

-- Bed
3 Baths
-- Sq Ft
8,150 Sq Ft Lot

Last Sold February 12, 2021

Last sale price $340,000

Est. 93% increase in value since last sale

Current estimated payment $4,114/month

Highlights

  • Colonial Architecture
  • Corner Lot
  • Forced Air Heating System
  • West Broad Street Elementary School Rated A
  • No HOA
  • 4-minute walk to Chestnut Street Park

About This Home

As of February 2021

Great investment opportunity. Join the various businesses in downtown Souderton! This property offers two one-bedroom and one two-bedroom apartment, plus a large store-front with the excellent exposure on Main Street! All apartment units are carpeted , with separated gas heat and electric; the middle unit also has access to the large attic. Three parking spots are provided, along with street parking and a borough lot just around the corner for additional needs. The large showroom in the retail space also has a powder room, an office, a storage area, and basement. Roof and heaters are newer. Convenient to major routes, public transportation, and downtown amenities, this is an opportunity you won't want to miss in the midst of expanding Souderton-Telford revitalization projects! Executor of the Estate is a licensed Realtor in the Commonwealth of Pennsylvania.

Last Agent to Sell the Property

Terry Derstine

(267) 992-9280 Terry.Derstine@Foxroach.com BHHS Fox & Roach-Collegeville Listed on: 11/03/2020

BHHS Fox & Roach-Collegeville

Last Buyer's Agent

Amber Williams

(215) 390-3899 amber.williams@foxroach.com BHHS Fox & Roach-Collegeville License #RS291921

BHHS Fox & Roach-Collegeville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,836

Year Built

  • Built in 1900

Lot Details

  • 8,150 Sq Ft Lot
  • Lot Dimensions are 44.00 x 0.00
  • Corner Lot

Home Design

  • Quadruplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof

Parking

  • Driveway
  • On-Street Parking
  • Off-Site Parking

Schools

  • Indian Crest Middle School
  • Souderton Area Senior High School

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • The owner pays for insurance, lawn/shrub care, management, repairs, pest control, sewer, snow removal, real estate taxes, trash collection, water
  • Tax Lot 017
  • Assessor Parcel Number 21-00-04708-005

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,836

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenants personal property
  • Historic: No
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 179

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street, Off Site

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Electric Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: SOUDERTON AREA
  • Middle School: INDIAN CREST
  • High School: SOUDERTON AREA SENIOR
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397037
  • School District Source: Listing Agent
  • High School: SOUDERTON AREA SENIOR
  • Middle Or Junior School: INDIAN CREST

Lot Info

  • Land Use Code: 4100
  • Lot Size Acres: 0.19
  • Lot Dimensions: 44.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8150.00
  • Year Assessed: 2020
  • Zoning: C1

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 4
  • Owner Pays: Insurance, Lawn/Shrub Care, Management, Repairs, Pest Control, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • School Tax: 5255.00
  • Tax Annual Amount: 6836.00
  • Assessor Parcel Number: 21-00-04708-005
  • Tax Lot: 017
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 02/12/2021

Multi Family

  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: SOUDERTON AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2022
Sold by
Buzzard Realty Llc
Bought by
Clauss Properties Llc
Current Estimated Value
$657,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Outstanding Balance
$426,180
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$230,827

Purchase Details

Listed on
Nov 3, 2020
Closed on
Feb 12, 2021
Sold by
Schlectic Gary
Bought by
Buzzard Realty Llc
Seller's Agent
Terry Derstine
BHHS Fox & Roach-Collegeville
Buyer's Agent
Amber Williams
BHHS Fox & Roach-Collegeville
List Price
$399,900
Sold Price
$340,000
Premium/Discount to List
-$59,900
-14.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.36%
Original Mortgage
$272,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 1985
Bought by
Schlectic Fred
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Clauss Properties Llc $550,000 --
Buzzard Realty Llc $340,000 None Available
Schlectic Fred -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clauss Properties Llc $440,000
Previous Owner Buzzard Realty Llc $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $340,000 -9.3% --
12/12/2020 12/12/20 Pending -- -- --
12/07/2020 12/07/20 Price Changed $375,000 -6.2% --
11/03/2020 11/03/20 For Sale $399,900 -- --
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 $7,728 $171,120 $86,210 $84,910
2024 $7,728 $171,120 $86,210 $84,910
2023 $7,267 $171,120 $86,210 $84,910
2022 $7,067 $171,120 $86,210 $84,910
2021 $6,895 $171,120 $86,210 $84,910
2020 $6,790 $171,120 $86,210 $84,910
2019 $6,716 $171,120 $86,210 $84,910
2018 $1,602 $171,120 $86,210 $84,910
2017 $6,527 $171,120 $86,210 $84,910
2016 $6,460 $171,120 $86,210 $84,910
2015 $6,344 $171,120 $86,210 $84,910
2014 $6,344 $171,120 $86,210 $84,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC668688

Bright MLS

APN: 21-00-04708-005