$504,000
SOLD SEP 9, 2024
-- Bed
-- Bath
2,035 Sq Ft
6,300 Sq Ft Lot

Recently Sold

$248 Per Sq Ft

1% Above List Price

9 Days on Market

Highlights

  • Property is near a park
  • Backs to Trees or Woods
  • Garden View
  • Schwenksville Elementary School Rated A
  • Wood Flooring
  • Victorian Architecture

About This Home

As of September 2024

ENCHANTING VICTORIAN BRICK MANOR HOME WITH 3 APARTMENTS - Brand New to the Market!
Ideal Location - Overlook Private Parklands and enjoy the 20.6-mile Perkiomen Trail which extends from Green Lane to Collegeville, Audubon to Betzwood and Manayunk where it adjoins the Schuylkill River trail into Philadelphia and the trail is RIGHT IN YOUR BACKYARD! Three private parking spots are designated in the rear of the building and maintained by the Borough including snow plowing and maintenance. Fabulous 36 x 7' sq. ft. Covered Front Porch - ideal for un-winding and lounging is available for all tenants to enjoy
The architecture of the building is charming with many details indicative of the Victorian Era.

THIS FANTASTIC INVESTMENT OPPORTUNITY can be
used to Supplement your income and help pay a large portion of your mortgage by living in one of the 3 units and renting out the other 2 or rent all 3 units. Build up
equity in a growing area of Schwenksville. Positioned in one of the best locations on Main Street with all major improvements completed - this is a turnkey property! Walk to restaurants and shopping.
With all of the major and expensive improvements made in 2023 - 2024 - Newly painted Exterior, New Roof, New Soffits, - Porch Refurbished, Two New Water Heaters, Three new Split systems for heating and cooling with remote, New stairs to parking area. Light Sensors for safety on the Porch and Exterior. Each Apartment has its own electric meter. Public Water and Sewer. Rental increases are expected. Call Agent for details!

APARTMENT 1 - Two Bedroom - Largest apartment with one's own private side entrance. Private vestibule/foyer has a newly finished adjoining room that could be used as study or work area, or many other possibilities. Kitchen has double SS sink, Large Living/Dining Area with full length walk-in bay window. One Bedroom with walk-in closet. Full Hall Bath. Interior stairs lead to a private area in the basement with personal washer/dryer. There's also a workshop in the basement.


APARTMENT 2- Two Bedroom - Newly updated with fresh paint, including new wood flooring, new carpeting, new split heating and air conditioning system, newer windows, and updated full bathroom. The large Living area includes a coat closet
and is bright and cheery with lots of natural light from three elongated windows. The layout includes an Eat-In Kitchen w/ SS sink, huge pantry closet, brand new refrigerator, and new wood flooring. Two upstairs bedrooms.

APARTMENT 3- One Bedroom - Living Area with picturesque walk-in bay window and large personal covered balcony/porch with trex flooring that overlooks the scenic Perkiomen Trail. Efficiency Kitchen, Bathroom has shower stall and window. The bedroom has huge walk-in closet with dual access. New split heating and cooling system has just been installed.


WITH ALL OF THE NEW IMPROVEMENTS the Rental Income is conservatively
estimated to be $ 46,800. Owner pays water and sewer, trash, lawn service and
insurance. Two apartments use electric for heating and cooling and one apartment
uses oil for which the tenant is responsible. Current rents are below market value - instant
repositioning will increase the value of the asset and income Take advantage of this value investment now! Call agent for Details!

Last Agent to Sell the Property

Gay Davidson

The Davidson Group License #RB045094A Listed on: 07/30/2024

Co-Listed By

Joyce Becker

The Davidson Group License #AB062441L

Last Buyer's Agent

Nate Seaman

Realty One Group Exclusive License #rs335141

Realty One Group Exclusive

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,807

Year Built

  • Built in 1850

Lot Details

  • 6,300 Sq Ft Lot
  • Lot Dimensions are 55.00 x 0.00
  • Open Space
  • Landscaped
  • Level Lot
  • Open Lot
  • Backs to Trees or Woods
  • Back Yard
  • Property is in good condition

Property Views

  • Garden
  • Park or Greenbelt

Home Design

  • Triplex
  • Victorian Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 2,035 Sq Ft Home
  • Bay Window
  • Window Screens
  • Family Room Off Kitchen
  • Open Floorplan

Kitchen

  • Kitchenette
  • Eat-In Kitchen
  • Oven
  • Stove
  • Microwave
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Porch

Location

  • Property is near a park
  • Suburban Location

Schools

  • Schwenksville Elementary School
  • Perkiomen Valley Middle School West
  • Perkiomen Valley High School

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for insurance, sewer, water, lawn/shrub care, real estate taxes, trash collection
  • Tax Lot 041
  • Assessor Parcel Number 20-00-00154-006

Community Details

Overview

  • 3 Units
  • 3-Story Building
  • Building Winterized

Building Details

  • 1 Vacant Unit
  • Insurance Expense $1,310
  • Maintenance Expense $840
  • Trash Expense $436
  • Operating Expense $7,436
  • Net Operating Income $28,757

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,807

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1850
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: ENCHANTING VICTORIAN BRICK MANOR HOME WITH 3 APARTMENTS - Brand New to the Market! Ideal Location - Overlook Private Parklands and enjoy the 20.6-mile Perkiomen Trail which extends from Green Lane to Collegeville, Audubon to Betzwood and Manayunk where it adjoins the Schuylkill River trail into Philadelphia and the trail is RIGHT IN YOUR BACKYARD! Three private parking spots are designated in the rear of the building and maintained by the Borough including snow plowing and maintenance. Fabulous 36 x 7' sq. ft. Covered Front Porch - ideal for un-winding and lounging is available for all tenants to enjoy The architecture of the building is charming with many details indicative of the Victorian Era. THIS FANTASTIC INVESTMENT OPPORTUNITY can be used to Supplement your income and help pay a large portion of your mortgage by living in one of the 3 units and renting out the other 2 or rent all 3 units. Build up equity in a growing area of Schwenksville. Positioned in one of the best locations on Main Street with all major improvements completed - this is a turnkey property! Walk to restaurants and shopping. With all of the major and expensive improvements made in 2023 - 2024 - Newly painted Exterior, New Roof, New Soffits, - Porch Refurbished, Two New Water Heaters, Three new Split systems for heating and cooling with remote, New stairs to parking area. Light Sensors for safety on the Porch and Exterior. Each Apartment has its own electric meter. Public Water and Sewer. Rental increases are expected. Call Agent for details! APARTMENT 1 - Two Bedroom - Largest apartment with one's own private side entrance. Private vestibule/foyer has a newly finished adjoining room that could be used as study or work area, or many other possibilities. Kitchen has double SS sink, Large Living/Dining Area with full length walk-in bay window. One Bedroom with walk-in closet. Full Hall Bath. Interior stairs lead to a private area in the basement with personal washer/dryer. There's also a workshop in the basement. APARTMENT 2- Two Bedroom - Newly updated with fresh paint, including new wood flooring, new carpeting, new split heating and air conditioning system, newer windows, and updated full bathroom. The large Living area includes a coat closet and is bright and cheery with lots of natural light from three elongated windows. The layout includes an Eat-In Kitchen w/ SS sink, huge pantry closet, brand new refrigerator, and new wood flooring. Two upstairs bedrooms. APARTMENT 3- One Bedroom - Living Area with picturesque walk-in bay window and large personal covered balcony/porch with trex flooring that overlooks the scenic Perkiomen Trail. Efficiency Kitchen, Bathroom has shower stall and window. The bedroom has huge walk-in closet with dual access. New split heating and cooling system has just been installed. WITH ALL OF THE NEW IMPROVEMENTS the Rental Income is conservatively estimated to be $ 46,800. Owner pays water and sewer, trash, lawn service and insurance. Two apartments use electric for heating and cooling and one apartment uses oil for which the tenant is responsible. Current rents are below market value - instant repositioning will increase the value of the asset and income Take advantage of this value investment now! Call agent for Details!
  • Special Features: None

Interior Features

  • Appliances: Dryer, Microwave, Oven - Single, Refrigerator, Stove, Washer, Water Heater, Stainless Steel Appliances
  • Flooring Type: Carpet, Laminate Plank, Vinyl, Wood
  • Interior Amenities: Carpet, Kitchen - Eat-In, Combination Dining/Living, Pantry, Bathroom - Stall Shower, Combination Kitchen/Dining, Family Room Off Kitchen, Kitchen - Table Space, Kitchenette, Bathroom - Tub Shower, Walk-In Closet(s), Wood Floors
  • Window Features: Bay/Bow, Screens
  • Fireplace: No
  • Foundation Details: Block
  • Room Count: 10
  • Basement: Yes
  • Basement Type: Full, Interior Access, Outside Entrance
  • Total Sq Ft: 2035
  • Living Area Sq Ft: 2035
  • Price Per Sq Ft: 245.21
  • Above Grade Finished Sq Ft: 2035
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 192

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Street Lights, Sidewalks
  • Roof: Shingle
  • Spa: No
  • View: Garden/Lawn, Park/Greenbelt, Street
  • 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: 3
  • Type Of Parking: Driveway, Off Street, On Street
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ductless/Mini-Split
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Water Available, Sewer Available, Electric Available
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: PERKIOMEN VALLEY
  • Elementary School: SCHWENKSVILLE
  • Middle School: PERKIOMEN VALLEY MIDDLE SCHOOL WEST
  • High School: PERKIOMEN VALLEY
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200397146
  • School District Source: 3rd Party
  • Elementary School: SCHWENKSVILLE
  • High School: PERKIOMEN VALLEY
  • Middle Or Junior School: PERKIOMEN VALLEY MIDDLE SCHOOL WEST

Lot Info

  • Land Use Code: 1134
  • Lot Features: Backs To Trees, Not In Development, Open, Landscaping, Backs - Parkland, Adjoins - Open Space, Level, Rear Yard
  • Lot Size Acres: 0.14
  • Lot Dimensions: 55.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6300.00
  • Outdoor Living Structures: Balcony, Porch(es)
  • Property Condition: Good
  • Year Assessed: 2024
  • Zoning: VC-2
  • Zoning Description: Village Commercial

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Insurance, Sewer, Water, Lawn/Shrub Care, Taxes - Real Estate, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 42000.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 4293.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 5807.00
  • Assessor Parcel Number: 20-00-00154-006
  • Tax Lot: 041
  • Tax Total Finished Sq Ft: 2035
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 09/09/2024

Multi Family

  • Number Of Units Vacant: 1
  • Operating Expense: 7436.00

MLS Schools

  • School District Name: PERKIOMEN VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2024
Closed on
Sep 3, 2024
Sold by
Grebe Road Properties Llc
Bought by
Grasse Brian
Seller's Agent
Gay Davidson
The Davidson Group
Buyer's Agent
Nate Seaman
Realty One Group Exclusive
List Price
$499,000
Sold Price
$504,000
Premium/Discount to List
$5,000
1%
Views
31
Current Estimated Value
$532,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,164
Avg. Annual Appreciation
5.77%
Original Mortgage
$453,600
Outstanding Balance
$448,939
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$83,225

Purchase Details

Closed on
May 25, 2011
Sold by
Priest Ryan A and Mcelwee Alison W
Bought by
Grebe Road Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
4.81%

Purchase Details

Closed on
Apr 11, 2007
Sold by
Styer Robert A and Styer Susan D
Bought by
Mcelwee Alison W and Priest Ryan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.27%
Source: Public Records

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Range of Values:

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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 $504,000 Evans Abstract
Deed $260,000 None Available
Deed $240,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $453,600 New Conventional
Closed $453,600 New Conventional
Previous Owner $208,000 No Value Available
Previous Owner $240,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2024 09/09/24 Sold $504,000 +1.0% $248 / Sq Ft
08/08/2024 08/08/24 Pending -- -- --
07/30/2024 07/30/24 For Sale $499,000 -- $245 / 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 $5,731 $118,020 $49,550 $68,470
2024 $5,731 $118,020 $49,550 $68,470
2023 $5,549 $118,020 $49,550 $68,470
2022 $5,441 $118,020 $49,550 $68,470
2021 $5,421 $118,020 $49,550 $68,470
2020 $5,135 $118,020 $49,550 $68,470
2019 $5,077 $118,020 $49,550 $68,470
2018 $5,077 $118,020 $49,550 $68,470
2017 $4,885 $118,020 $49,550 $68,470
2016 $4,838 $118,020 $49,550 $68,470
2015 $4,492 $118,020 $49,550 $68,470
2014 $4,492 $118,020 $49,550 $68,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2112012

Bright MLS

APN: 20-00-00154-006