NOT LISTED FOR SALE

201 W 8th St Lansdale, PA 19446

Estimated Value: $450,000 - $478,000

-- Bed
3 Baths
2,167 Sq Ft
$213/Sq Ft Est. Value

Last Sold June 07, 2021

Last sale price $356,000 $164 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,835/month

8 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Radiator
  • Oak Park El School Rated A-

About This Home

As of June 2021

Amazing opportunity in Lansdale! This triplex not only has three units that are rented out, but it also has a detached garage, which brings in additional income. Two units have been occupied by the same tenants prior to 2017. The third unit, which was recently renovated has been occupied by the same tenant since early 2020. All units are on a month-to-month lease including the detached garage. If you are looking to invest look no further, this triplex has it all!

Last Agent to Sell the Property

Haman Anand

(215) 870-8658 haman.anand@cbpref.com Coldwell Banker Realty License #2295811 Listed on: 04/17/2021

Coldwell Banker Realty

Last Buyer's Agent

Gary Cassel

(215) 450-2373 gary@GaryCassel.com BHHS Keystone Properties License #RM041673B

BHHS Keystone Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,303

Year Built

  • Built in 1874

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 60.00 x 150.00

Home Design

  • Triplex
  • Colonial Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2,167 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

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

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 036
  • Assessor Parcel Number 11-00-04568-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,303

Year Built

Built in 1874

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2021-04-17
  • Year Built: 1874
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2167
  • Living Area Sq Ft: 2167
  • Price Per Sq Ft: 161.05
  • Above Grade Finished Sq Ft: 2167
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Spa: No
  • 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, On Street
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • 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 Size Acres: 0.21
  • Lot Dimensions: 60.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9000.00
  • Zoning: I

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 4
  • Rent Control: No
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 607345
  • School Tax: 3199.00
  • Tax Annual Amount: 4303.00
  • Assessor Parcel Number: 11-00-04568-002
  • Tax Lot: 036
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: NORTH PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2021
Closed on
Jun 7, 2021
Sold by
Capvest Property Bds Iii Llc
Bought by
Kamal Nahid and Mahmood Tariq
Seller's Agent
Haman Anand
Coldwell Banker Realty
Buyer's Agent
Gary Cassel
BHHS Keystone Properties
List Price
$349,000
Sold Price
$356,000
Premium/Discount to List
$7,000
2.01%
Current Estimated Value
$460,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,535
Avg. Annual Appreciation
5.89%
Original Mortgage
$267,000
Outstanding Balance
$241,735
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$218,800

Purchase Details

Closed on
Jan 7, 2017
Sold by
Bancroft Harry and Bancroft Sally A
Bought by
Capvest Property Bds Iii Llc

Purchase Details

Closed on
Nov 30, 1984
Bought by
Bancroft Harry and Bancroft Sally A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kamal Nahid $356,000 None Available
Capvest Property Bds Iii Llc $225,000 Evans Abstract
Bancroft Harry $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kamal Nahid $267,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2021 06/07/21 Sold $356,000 +2.0% $164 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/17/2021 04/17/21 For Sale $349,000 -- $161 / 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 $4,954 $117,750 $44,590 $73,160
2024 $4,954 $117,750 $44,590 $73,160
2023 $4,633 $117,750 $44,590 $73,160
2022 $4,486 $117,750 $44,590 $73,160
2021 $4,303 $117,750 $44,590 $73,160
2020 $4,174 $117,750 $44,590 $73,160
2019 $4,105 $117,750 $44,590 $73,160
2018 $1,101 $117,750 $44,590 $73,160
2017 $3,831 $117,750 $44,590 $73,160
2016 $3,785 $117,750 $44,590 $73,160
2015 $3,719 $117,750 $44,590 $73,160
2014 $3,513 $117,750 $44,590 $73,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC689680

Bright MLS

APN: 11-00-04568-002