NOT LISTED FOR SALE

18 Alan Ln Quakertown, PA 18951

-- Bed
1 Bath
1,150 Sq Ft
0.46 Acres

Last Sold May 14, 2015

Last sale price $1,225,000 $1,065 Per Sq Ft

65 Days on Market

Highlights

  • Wood Flooring
  • Hearing Modifications
  • Central Air
  • No HOA
  • En-Suite Primary Bedroom
  • Back Up Electric Heat Pump System

About This Home

As of May 2015

TEN UNITS! TEN UNITS! Here's a winner! Modern apartment buildings, just 10 years old, that are virtually maintenance free with tenants paying all of the utilities except for trash. There are (5) units on the first floor with full private basements and (5) second floor units. All have 2 BR'S and 1 Bath plus laundry hook-ups. Hardwood floors in the formal DR and Kit. Carpet in LR and BR's. All have a separate patio or balcony. Super convenient location on a quiet cul-de-sac street. Ample off street parking. Unit #10 is occupied and rented at $1,100.

Last Agent to Sell the Property

James Valentine

RE/MAX 440 - Perkasie License #AB045217A Listed on: 01/12/2015

Last Buyer's Agent

James Dietrich

Realty One Group Supreme License #RM424571

Realty One Group Supreme

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,993

Year Built

  • Built in 2005

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 186x95
  • Property is in good condition

Parking

  • Private Parking

Home Design

  • Brick Exterior Construction
  • Vinyl Siding
  • Stucco

Flooring

  • Wood
  • Wall to Wall Carpet

Schools

  • Quakertown Community Senior High School

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • Washer and Dryer Hookup
  • Basement Fills Entire Space Under The House
  • Hearing Modifications

Listing and Financial Details

  • Tax Lot 023-001
  • Assessor Parcel Number 35-002-023-001

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $6,158
  • Maintenance Expense $2,300
  • Other Expense $6,157
  • Operating Expense $33,608

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,993

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Accessibility Features: Hearing Mod
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 6157.00
  • Year Built: 2005
  • Remarks Public: TEN UNITS! TEN UNITS! Here's a winner! Modern apartment buildings, just 10 years old, that are virtually maintenance free with tenants paying all of the utilities except for trash. There are (5) units on the first floor with full private basements and (5) second floor units. All have 2 BR'S and 1 Bath plus laundry hook-ups. Hardwood floors in the formal DR and Kit. Carpet in LR and BR's. All have a separate patio or balcony. Super convenient location on a quiet cul-de-sac street. Ample off street parking. Unit #10 is occupied and rented at $1,100.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood, Fully Carpeted
  • Fireplace: No
  • Entry Location: Private
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Hookup
  • Street Number Modifier: 18-20

Exterior Features

  • Construction Materials: Vinyl Siding, Stucco, Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Private

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • 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: 85000.00
  • Land Assessed Value: 25760.00
  • Land Use Code: 4200
  • Lot Size Acres: 0.46
  • Lot Dimensions: 186X95
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20255.00
  • Property Condition: Good
  • Zoning: NC

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 127140.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 8,Unit 3,Unit 6,Unit 7,Unit 9

Tax Info

  • Tax Annual Amount: 18993.00
  • Assessor Parcel Number: 35-002-023-001
  • Tax Lot: 023-001
  • Tax Year: 2014
  • Close Date: 05/14/2015

MLS Schools

  • School District Name: QUAKERTOWN COMMUNITY

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2015 05/14/15 Sold $1,225,000 -10.9% $1,065 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
01/12/2015 01/12/15 For Sale $1,375,000 -- $1,196 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002518860

Bright MLS

APN: 35-002-023-001