NOT LISTED FOR SALE

205 Spring House Ln Telford, PA 18969

Estimated Value: $437,000 - $535,000

-- Bed
3 Baths
2,278 Sq Ft
$216/Sq Ft Est. Value

Last Sold November 29, 2012

Last sale price $235,000 $103 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $2,655/month

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Central Air
  • Indian Crest Middle School Rated A-
  • En-Suite Primary Bedroom
  • Back Up Electric Heat Pump System

About This Home

As of November 2012

Super clean turnkey investment, Telford over and under 2 BR duplex, great rental history, great investment or move in and have your tenant help pay your expenses, each apartment has it's own private entrance and garage, newer heat pumps and appliances, tenants pay all utilities, lawn care and snow removal, both tenants would like to stay, Souderton School District, convenient location close to Rt 309, schools shopping and public transportation, don't miss this investment opportunity !

Last Agent to Sell the Property

Charles Alderfer

(215) 723-5836 charlesalderfer@gmail.com RE/MAX Reliance Listed on: 09/08/2012

RE/MAX Reliance

Last Buyer's Agent

Charles Alderfer

(215) 723-5836 charlesalderfer@gmail.com RE/MAX Reliance Listed on: 09/08/2012

RE/MAX Reliance

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,350

Year Built

  • Built in 1986

Lot Details

  • 7,971 Sq Ft Lot
  • Lot Dimensions are 80x100

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • 2,278 Sq Ft Home
  • Duplex
  • Shingle Roof
  • Vinyl Siding

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • Washer and Dryer Hookup

Listing and Financial Details

  • Tax Lot 214
  • Assessor Parcel Number 43-002-214

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $780
  • Operating Expense $5,130

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,350

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Refrigerators, Washers & Dryers & 1st Flr Range
  • New Construction: No
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Master Bedroom
  • Basement: No
  • Laundry Type: Hookup
  • Total Sq Ft: 2278
  • Living Area Sq Ft: 2278
  • Price Per Sq Ft: 105.31
  • Above Grade Finished Sq Ft: 2278
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Shingle
  • 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
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 24000.00
  • Land Assessed Value: 5240.00
  • Lot Size Acres: 0.18
  • Lot Dimensions: 80X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7971.00
  • Zoning: PMR

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 21060.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 4350.00
  • Assessor Parcel Number: 43-002-214
  • Tax Lot: 214
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2012
Closed on
Nov 28, 2012
Sold by
Kriebel Kevin A and Kriebel Karen J
Bought by
Morrison Devlin O and Morrison Michelle H
Seller's Agent
Charles Alderfer
RE/MAX Reliance
Buyer's Agent
Charles Alderfer
RE/MAX Reliance
List Price
$239,900
Sold Price
$235,000
Premium/Discount to List
-$4,900
-2.04%
Current Estimated Value
$491,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,207
Avg. Annual Appreciation
5.87%
Original Mortgage
$176,250
Outstanding Balance
$31,152
Interest Rate
2.68%
Mortgage Type
New Conventional
Estimated Equity
$460,055
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
Morrison Devlin O $235,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrison Devlin O $176,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2012 11/29/12 Sold $235,000 -2.0% $103 / Sq Ft
09/22/2012 09/22/12 Pending -- -- --
09/08/2012 09/08/12 For Sale $239,900 -- $105 / 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 $1,011 $29,240 $5,240 $24,000
2024 $1,011 $29,240 $5,240 $24,000
2023 $953 $29,240 $5,240 $24,000
2022 $949 $29,240 $5,240 $24,000
2021 $941 $29,240 $5,240 $24,000
2020 $941 $29,240 $5,240 $24,000
2019 $909 $29,240 $5,240 $24,000
2018 $902 $29,240 $5,240 $24,000
2017 $856 $29,240 $5,240 $24,000
2016 -- $29,240 $5,240 $24,000
2015 -- $29,240 $5,240 $24,000
2014 -- $29,240 $5,240 $24,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004090034

Bright MLS

APN: 43-002-214