NOT LISTED FOR SALE

Estimated Value: $208,000 - $276,000

-- Bed
3 Baths
2,138 Sq Ft
$110/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $144,000 $67 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,840/month

112 Days on Market

Highlights

  • 0.14 Acre Lot
  • No HOA
  • Electric Baseboard Heater
  • Colonial Architecture
  • More Than Two Accessible Exits
  • 4-minute walk to Memorial Park

About This Home

As of January 2021

Great Opportunity for homeowner (live in one and rent out the other three units) or first time investor or to add to your rental portfolio. Property is located a few blocks from High Street and very convenient to new restaurants and shopping. Four rental units. There are 3 1-BR and 1 2-BR. Apt A is a 1BR 1BA that rents for $555; Apt B is a 2BR 1BA that rents for $725; Apt C is a 1BR 1BA that rents for $650 and the Cottage is a 1BR 1BA that rents for $595. Tenants pay own heat and hot water and electric. Owner pays for water and sewer and trash as well as landscaping . Current Gross Income is $30,300. Public Records Indicates this property has 3 rental units but owner has rental license for 4 units. This property is located in AE Flood Zone. Owner currently does not have flood insurance as his lender does not require. There are 2 off-street parking spots in the back of the property with entry off alley. Large yard. One unit has large deck. Seller Motivated. Code Inspection for transfer already completed. Bring all offers. Please do not disturb tenants. Showings by appointment only.

Last Agent to Sell the Property

Roman Korobij

ATrust Realty License #RM051755A Listed on: 08/18/2020

Last Buyer's Agent

Liesel Tarquini

Styer Real Estate License #RS336907

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,300 Sq Ft Lot
  • Lot Dimensions are 45.00 x 0.00

Home Design

  • Quadruplex
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,138 Sq Ft Home
  • Basement Fills Entire Space Under The House

Accessible Home Design

  • More Than Two Accessible Exits

Schools

  • Pottstown Senior High School

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for insurance, lawn/shrub care, repairs, reserves for replacement, sewer, snow removal, real estate taxes, trash collection, water
  • Tax Lot 056
  • Assessor Parcel Number 16-00-30440-009

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Income includes apartment rentals
  • Gross Income $30,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Tenant's personal possessions.
  • Home Warranty: No
  • Inclusions: Appliances owned by seller - as-is and with no monetary value.
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Great Opportunity for homeowner (live in one and rent out the other three units) or first time investor or to add to your rental portfolio. Property is located a few blocks from High Street and very convenient to new restaurants and shopping. Four rental units. There are 3 1-BR and 1 2-BR. Apt A is a 1BR 1BA that rents for $555; Apt B is a 2BR 1BA that rents for $725; Apt C is a 1BR 1BA that rents for $650 and the Cottage is a 1BR 1BA that rents for $595. Tenants pay own heat and hot water and electric. Owner pays for water and sewer and trash as well as landscaping . Current Gross Income is $30,300. Public Records Indicates this property has 3 rental units but owner has rental license for 4 units. This property is located in AE Flood Zone. Owner currently does not have flood insurance as his lender does not require. There are 2 off-street parking spots in the back of the property with entry off alley. Large yard. One unit has large deck. Seller Motivated. Code Inspection for transfer already completed. Bring all offers. Please do not disturb tenants. Showings by appointment only.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2138
  • Living Area Sq Ft: 2138
  • Price Per Sq Ft: 88.82
  • Above Grade Finished Sq Ft: 2138
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 19

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: POTTSTOWN
  • High School: POTTSTOWN SENIOR
  • High School Source: 3rd Party
  • School District Key: 300200397038
  • School District Source: 3rd Party
  • High School: POTTSTOWN SENIOR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1134
  • Lot Size Acres: 0.14
  • Lot Dimensions: 45.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6300.00
  • Year Assessed: 2020
  • Zoning: RHD

Rental Info

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

Tax Info

  • Assessor Parcel Number: 633240
  • School Tax: 4638.00
  • Tax Annual Amount: 6459.00
  • Assessor Parcel Number: 16-00-30440-009
  • Tax Lot: 056
  • Tax Total Finished Sq Ft: 2138
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 01/15/2021

Multi Family

  • Gross Scheduled Income: 30300.00
  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: POTTSTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Jan 21, 2021
Sold by
Woodcrest Acres Inc
Bought by
Lopez Lucas Daniel and Mejia Maria Angelica
Seller's Agent
Roman Korobij
ATrust Realty
Buyer's Agent
Liesel Tarquini
Styer Real Estate
List Price
$199,900
Sold Price
$144,000
Premium/Discount to List
-$55,900
-27.96%
Current Estimated Value
$234,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,917
Avg. Annual Appreciation
10.70%
Original Mortgage
$108,000
Outstanding Balance
$97,536
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$132,537
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 Buyer Sale Price Title Company
Lopez Lucas Daniel $144,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Lucas Daniel $108,000
Previous Owner Woodcrest Acres Inc $105,000
Previous Owner Woodcrest Acres Inc $122,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $144,000 -24.2% $67 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
10/12/2020 10/12/20 Price Changed $189,900 -5.0% $89 / Sq Ft
08/18/2020 08/18/20 For Sale $199,900 -- $93 / 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 $6,721 $109,510 $43,890 $65,620
2024 $6,721 $109,510 $43,890 $65,620
2023 $6,630 $109,510 $43,890 $65,620
2022 $6,595 $109,510 $43,890 $65,620
2021 $6,519 $109,510 $43,890 $65,620
2020 $6,405 $109,510 $43,890 $65,620
2019 $6,259 $109,510 $43,890 $65,620
2018 $4,449 $109,510 $43,890 $65,620
2017 $5,852 $109,510 $43,890 $65,620
2016 $5,810 $109,510 $43,890 $65,620
2015 $5,773 $109,510 $43,890 $65,620
2014 $5,773 $109,510 $43,890 $65,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC660586

Bright MLS

APN: 16-00-30440-009