NOT LISTED FOR SALE

198 Penn Ave Telford, PA 18969

Estimated Value: $399,286 - $435,000

Studio
2 Baths
2,296 Sq Ft
$182/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $330,000 $144 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,651/month

4 Days on Market

Highlights

  • Wood Flooring
  • Garden View
  • Corner Lot
  • Indian Crest Middle School Rated A-
  • Victorian Architecture
  • No HOA

About This Home

As of March 2021

Old world charm abounds in this spacious Twin/Duplex on a large lot with a 2 car garage and additional off street parking. Enter through the rear side porch door for the first floor unit which includes a large eat-in-kitchen with wood cabinetry ceramic tile flooring, tile back splash, butcher block countertops and stainless steel refrigerator. The hall bath is very spacious with tub and shower which also includes some built-ins. The large living room features a bay window area and ceiling fan. Enter through the bedroom through the pocket doors and you'll find a great space with great windows. BOTH units have direct access to the basement with separate laundry, water and electric. 2ND FLOOR UNIT enters from the front porch foyer and features new white cabinet eat-in-kitchen, tile backsplash, butcher block countertops, tile flooring, stainless steel refrigerator and sink and door to covered outside patio. This unit also has a large living room with bay window/seat and built-ins. There is also another great size room which is currently used as a dining room but can be used as another bedroom. The 2nd floor of this unit features 3 bedrooms, one currently being used as a storage room. You will enjoy the wrap around porch. This property is close to shops and transportation as well. Be sure to check out this great investment today.

Last Agent to Sell the Property

Al LaBrusciano

(215) 646-2900 nxlab@aol.com Keller Williams Real Estate-Blue Bell Listed on: 02/25/2021

Keller Williams Real Estate-Blue Bell

Co-Listed By

Ursula LaBrusciano

(215) 646-2900 ursula@labruscianoteam.com Keller Williams Real Estate-Blue Bell License #RS272725

Last Buyer's Agent

Chris Hennessy

(888) 397-7352 pa.broker@exprealty.net EXP Realty, LLC License #RS283381

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,212

Year Built

  • Built in 1920

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 62.00 x 194.5
  • Corner Lot
  • Property is in very good condition

Parking

  • 2 Car Detached Garage
  • Side Facing Garage
  • Gravel Driveway

Home Design

  • Duplex
  • Victorian Architecture
  • Shingle Roof
  • Stone Siding

Interior Spaces

  • 2,296 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Garden Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Basement

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for heat, insurance, sewer
  • Tax Lot 017
  • Assessor Parcel Number 22-02-01741-008

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Telford Subdivision

Building Details

  • Income includes parking
  • Insurance Expense $1,300
  • Trash Expense $372
  • Net Operating Income $22,048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,212

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: 2 Washers, 2 Dryers, 2 Refrigerators
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Fully Carpeted, Laminated, Wood
  • Interior Amenities: Built-Ins
  • Window Features: Energy Efficient
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Interior Access, Outside Entrance
  • Total Sq Ft: 2296
  • Living Area Sq Ft: 2296
  • Price Per Sq Ft: 138.94
  • Above Grade Finished Sq Ft: 2296
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Shingle
  • Spa: No
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Crushed Stone
  • Garage Features: Garage - Side Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ceiling Fan(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating Oil Avg Month: 80.00
  • Heating Oil Prev12 Months: 960.00
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Previous Twelve Months: 816.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Features: Corner
  • Lot Size Acres: 0.28
  • Lot Dimensions: 62.00 x 194.5
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12061.00
  • Outdoor Living Structures: Balcony, Porch(es)
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 2
  • Owner Pays: Heat, Insurance, Sewer
  • Total Actual Rent: 24540.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 641623
  • School Tax: 3897.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 5212.00
  • Assessor Parcel Number: 22-02-01741-008
  • Tax Lot: 017
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Gross Income: 24540.00
  • Income Includes: Parking

MLS Schools

  • School District Name: SOUDERTON AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Mar 31, 2021
Sold by
Jese Properties Llc
Bought by
Rauschenberger Dylan
Seller's Agent
Al LaBrusciano
Keller Williams Real Estate-Blue Bell
Buyer's Agent
Chris Hennessy
EXP Realty, LLC
List Price
$319,000
Sold Price
$330,000
Premium/Discount to List
$11,000
3.45%
Current Estimated Value
$418,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,072
Avg. Annual Appreciation
5.03%
Original Mortgage
$247,500
Outstanding Balance
$223,463
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$194,610

Purchase Details

Listed on
Feb 2, 2015
Closed on
Jul 14, 2015
Sold by
Gottschling Donald E and Gottschling Eileen C
Bought by
Jese Properties Llc
Seller's Agent
Kathy Cassel
RE/MAX Reliance
Buyer's Agent
Karen Kemmerer
RE/MAX 440 - Perkasie
List Price
$265,000
Sold Price
$225,000
Premium/Discount to List
-$40,000
-15.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.94%
Original Mortgage
$315,000
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 2010
Sold by
Gottschling Donald E and Gottschling Eileen C
Bought by
Gottschling Donald E and Gottschling Eileen C

Purchase Details

Closed on
Jul 18, 2003
Sold by
Lelil Victor R
Bought by
Gottschling Donald and Gottschling Eileen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rauschenberger Dylan $330,000 None Available
Jese Properties Llc $225,000 None Available
Gottschling Donald E -- None Available
Gottschling Donald $177,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rauschenberger Dylan $247,500
Previous Owner Jese Properties Llc $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2021 03/31/21 Sold $330,000 +3.4% $144 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $319,000 0.0% $139 / Sq Ft
10/01/2017 10/01/17 Rented $895 0.0% --
09/26/2017 09/26/17 Under Contract -- -- --
09/13/2017 09/13/17 For Rent $895 0.0% --
07/16/2015 07/16/15 Sold $225,000 -15.1% $99 / Sq Ft View Prior Sale
06/04/2015 06/04/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $265,000 -- $116 / Sq Ft
Source: Bright MLS

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 $5,716 $126,890 $44,880 $82,010
2024 $5,716 $126,890 $44,880 $82,010
2023 $5,463 $126,890 $44,880 $82,010
2022 $5,315 $126,890 $44,880 $82,010
2021 $5,213 $126,890 $44,880 $82,010
2020 $5,144 $126,890 $44,880 $82,010
2019 $5,089 $126,890 $44,880 $82,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC682526

Bright MLS

APN: 22-02-01741-008