NOT LISTED FOR SALE

Estimated Value: $285,000 - $431,000

-- Bed
2 Baths
1,967 Sq Ft
$180/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $285,600 $145 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,091/month

2 Days on Market

Highlights

  • Second Kitchen
  • Traditional Floor Plan
  • Garden View
  • Colonial Architecture
  • Wood Flooring
  • Formal Dining Room

About This Home

As of April 2022

Look no further for a terrific opportunity to buy a great investment property in the heart of desirable Perkasie Boro! Cuurently utilized as a two-unit apartment rental, you can continue to manage it in its present layout or totally renovate and reconfigure in any way you'd like to create something new. The apartment on the main level has one bedroom, full bath, kitchen, living room and dining room. The apartment on the upper level has three bedrooms (including an enormous loft space), full bath, kitchen, living room and dining room. All of the rooms throughout the building are very spacious, functional, have high celings and lots of windows and make for very comfortable living. There is a large front porch with room for potted plants and a swing and a huge, partially fenced back yard. Public water and public sewer and located in an excellent school district. Walking distance to all of the wonderful shops and restaurants that downtown Perkasie has to offer and convenient to major commuter roads.

Last Agent to Sell the Property

Thomas Smeland

EXP Realty, LLC License #AB066226 Listed on: 03/01/2022

EXP Realty, LLC

Last Buyer's Agent

William Martin

Homestarr Realty

Homestarr Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,471

Year Built

  • Built in 1900

Lot Details

  • 3,200 Sq Ft Lot
  • Lot Dimensions are 20.00 x 160.00
  • Infill Lot
  • Property is in average condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Traditional Architecture
  • Combination Foundation
  • Stone Foundation
  • Pitched Roof
  • Shingle Roof
  • Masonry

Interior Spaces

  • Bathtub with Shower
  • Traditional Floor Plan
  • Ceiling Fan
  • Formal Dining Room
  • Garden Views

Kitchen

  • Second Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Underground Utilities
  • 100 Amp Service
  • Natural Gas Water Heater
  • Oil Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water, sewer
  • Tax Lot 013
  • Assessor Parcel Number 33-005-013

Community Details

Overview

  • 2 Units
  • Non Available Subdivision

Building Details

  • Insurance Expense $1,275
  • Operating Expense $3,660
  • Gross Income $26,100
  • Net Operating Income $26,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,471

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional, Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Look no further for a terrific opportunity to buy a great investment property in the heart of desirable Perkasie Boro! Cuurently utilized as a two-unit apartment rental, you can continue to manage it in its present layout or totally renovate and reconfigure in any way you'd like to create something new. The apartment on the main level has one bedroom, full bath, kitchen, living room and dining room. The apartment on the upper level has three bedrooms (including an enormous loft space), full bath, kitchen, living room and dining room. All of the rooms throughout the building are very spacious, functional, have high celings and lots of windows and make for very comfortable living. There is a large front porch with room for potted plants and a swing and a huge, partially fenced back yard. Public water and public sewer and located in an excellent school district. Walking distance to all of the wonderful shops and restaurants that downtown Perkasie has to offer and convenient to major commuter roads.
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven/Range - Gas
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: 2nd Kitchen, Breakfast Area, Carpet, Ceiling Fan(s), Dining Area, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Table Space, Tub Shower, Wood Floors
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Combination, Full, Improved, Heated, Interior Access, Partially Finished
  • Total Sq Ft: 1967
  • Living Area Sq Ft: 1967
  • Price Per Sq Ft: 153.40
  • Above Grade Finished Sq Ft: 1792
  • Below Grade Finished Sq Ft: 175
  • Total Below Grade Sq Ft: 175
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Sidewalks
  • Road Surface Type: Black Top, Paved
  • Roof: Pitched, Shingle
  • View: Garden/Lawn, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating Oil Avg Month: 206.17
  • Heating Oil Prev12 Months: 2474.00
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas, Oil
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Cable Tv Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Under Ground
  • Monthly Water Average: 99
  • Water Previous Twelve Months: 1186.00
  • Water Source: Public
  • Internet Services: Cable, DSL

Schools

  • School District: PENNRIDGE
  • School District Key: 300200397141
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 12200.00
  • Land Assessed Value: 2600.00
  • Land Use Code: 1024
  • Lot Size Acres: 0.07
  • Lot Dimensions: 20.00 x 160.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3200.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Average
  • Year Assessed: 2021
  • Zoning: IZ

Rental Info

  • Owner Pays: Water, Sewer
  • Total Actual Rent: 26100.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 155209
  • School Tax: 2002.00
  • Tax Annual Amount: 2471.00
  • Assessor Parcel Number: 33-005-013
  • Tax Lot: 013
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 04/18/2022

Multi Family

  • Gross Income: 26100.00
  • Gross Scheduled Income: 26100.00
  • Operating Expense: 3660.00
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: PENNRIDGE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2005
Sold by
Swartley Raymond N and Swartley Marjorie R
Bought by
Mcelhaney Andrew Scott
Total Days on Market
2
Current Estimated Value
$354,061

Purchase Details

Closed on
Feb 13, 2004
Sold by
Swartley Phillip R and Swartley Jan L
Bought by
Swartley Raymond N and Swartley Marjorie R
Source: Public Records

Range of Values:

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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
Mcelhaney Andrew Scott -- --
Swartley Raymond N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mcelhaney Andrew Scott $140,000
Closed Mcelhaney Andrew Scott $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 Sold $285,600 +3.9% $145 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $274,900 -- $140 / 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
2024 $2,545 $14,800 $2,600 $12,200
2023 $2,515 $14,800 $2,600 $12,200
2022 $2,515 $14,800 $2,600 $12,200
2021 $2,471 $14,800 $2,600 $12,200
2020 $2,471 $14,800 $2,600 $12,200
2019 $2,456 $14,800 $2,600 $12,200
2018 $2,456 $14,800 $2,600 $12,200
2017 $2,438 $14,800 $2,600 $12,200
2016 $2,438 $14,800 $2,600 $12,200
2015 -- $14,800 $2,600 $12,200
2014 -- $14,800 $2,600 $12,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2020824

Bright MLS

APN: 33-005-013