$610,000
SOLD SEP 3, 2024
-- Bed
-- Bath
2,927 Sq Ft
0.25 Acres

Recently Sold

$208 Per Sq Ft

13% Below List Price

65 Days on Market

Highlights

  • Barn
  • Colonial Architecture
  • 2 Car Detached Garage
  • South Elementary School Rated A
  • Traditional Floor Plan
  • Eat-In Kitchen

About This Home

As of September 2024

Well Maintained 3 Unit Apartment Building with Detached 2 story Barn. Under current ownership since 1982. First floor unit is a 2 bedroom with Eat in Kitchen, Living room, & Full Bath, currently rented at $1500 per month, plus hot water & Electric. Second floor unit is also a 2 Bedroom with Eat in Kitchen, Living room, & Full Bath, currently rented at $1450 per month plus hot water & Electric. Third floor unit is a 1 Bedroom with Eat in Kitchen, Living room & Full Bath, currently rented at $925 per month, plus hot water & Electric. On the first floor is a Locked Laundry room with Washer & Dryer exclusively for tenants use. Full Basement with outside entrance. Rear Roofed Patio and privacy fence on right side of property line. Detached Barn is currently not rented but is ideal for contractor storage or could be used for additional rental income, with storage space available on 2 floors. Rear off street parking at Barn plus a 1 car garage in Barn & room for more.

Last Agent to Sell the Property

John Marchese

RE/MAX Reliance License #AB028653A Listed on: 04/10/2024

RE/MAX Reliance

Last Buyer's Agent

Kevin Pierce

EXP Realty, LLC License #RS365664

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,243

Year Built

  • Built in 1875

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 78.00 x 0.00
  • Property is in very good condition

Parking

  • 2 Car Detached Garage
  • Alley Access
  • Rear-Facing Garage
  • Gravel Driveway
  • On-Street Parking

Home Design

  • Triplex
  • Colonial Architecture
  • Stone Foundation
  • Plaster Walls
  • Shingle Roof
  • Fiberglass Roof
  • Stone Siding

Interior Spaces

  • Bathtub with Shower
  • 2,927 Sq Ft Home
  • Traditional Floor Plan
  • Built-In Features
  • Vinyl Clad Windows
  • Double Hung Windows
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Electric Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Schools

  • South Elementary School
  • Perkiomen Valley Middle School East
  • Perkiomen Valley High School

Farming

  • Barn

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for gas, heat, heater maintenance contract, insurance, lawn/shrub care, sewer, snow removal, trash collection, water
  • Tax Lot 33
  • Assessor Parcel Number 48-00-00241-008

Community Details

Overview

  • 3 Units
  • 3-Story Building

Building Details

  • Income includes apartment rentals
  • Operating Expense $9,809
  • Gross Income $46,500
  • Net Operating Income $36,691

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,243

Year Built

Built in 1875

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: 3 Refrigerators, Washer & Dryer in as is condition.
  • New Construction: No
  • Expected On Market: 2024-04-10
  • Year Built: 1875
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Well Maintained 3 Unit Apartment Building with Detached 2 story Barn. Under current ownership since 1982. First floor unit is a 2 bedroom with Eat in Kitchen, Living room, & Full Bath, currently rented at $1500 per month, plus hot water & Electric. Second floor unit is also a 2 Bedroom with Eat in Kitchen, Living room, & Full Bath, currently rented at $1450 per month plus hot water & Electric. Third floor unit is a 1 Bedroom with Eat in Kitchen, Living room & Full Bath, currently rented at $925 per month, plus hot water & Electric. On the first floor is a Locked Laundry room with Washer & Dryer exclusively for tenants use. Full Basement with outside entrance. Rear Roofed Patio and privacy fence on right side of property line. Detached Barn is currently not rented but is ideal for contractor storage or could be used for additional rental income, with storage space available on 2 floors. Rear off street parking at Barn plus a 1 car garage in Barn & room for more.
  • Special Features: None

Interior Features

  • Appliances: Dryer - Electric, Oven/Range - Electric, Refrigerator, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Vinyl
  • Interior Amenities: Built-Ins, Carpet, Combination Kitchen/Dining, Floor Plan - Traditional, Kitchen - Eat-In, Bathroom - Tub Shower
  • Window Features: Double Hung, Vinyl Clad
  • Fireplace: No
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Foundation Details: Stone
  • Room Count: 12
  • Total Sq Ft: 2927
  • Living Area Sq Ft: 2927
  • Price Per Sq Ft: 227.20
  • Above Grade Finished Sq Ft: 2927
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 209

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Barn, Garage(s)
  • Construction Materials: Stone
  • Roof: Fiberglass, 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
  • Parking Features: Crushed Stone
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Alley, Detached Garage, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: PERKIOMEN VALLEY
  • Elementary School: SOUTH
  • Middle School: PERKIOMEN VALLEY MIDDLE SCHOOL EAST
  • 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: SOUTH
  • High School: PERKIOMEN VALLEY
  • Middle Or Junior School: PERKIOMEN VALLEY MIDDLE SCHOOL EAST

Lot Info

  • Land Use Code: 1134
  • Lot Size Acres: 0.25
  • Lot Dimensions: 78.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10862.00
  • Property Condition: Very Good
  • Year Assessed: 2024
  • Zoning: VCR-1
  • Zoning Description: Village Commercial - Residential District One

Rental Info

  • Existing Lease Type: Month To Month
  • Owner Pays: Gas, Heat, Heater Maintenance Contract, Insurance, Lawn/Shrub Care, Sewer, Snow Removal, Trash Collection, Water
  • Rent Control: No
  • Total Actual Rent: 46500.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 5343.00
  • Tax Annual Amount: 6243.00
  • Assessor Parcel Number: 48-00-00241-008
  • Tax Lot: 33
  • Tax Total Finished Sq Ft: 2927
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 09/03/2024

Multi Family

  • Gross Income: 46500.00
  • Gross Scheduled Income: 46500.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 9809.00

MLS Schools

  • School District Name: PERKIOMEN VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
Sep 3, 2024
Sold by
Daisey Family Trust and Daisey Donna M
Bought by
Rathnayake Eric
Seller's Agent
John Marchese
RE/MAX Reliance
Buyer's Agent
Kevin Pierce
EXP Realty, LLC
List Price
$699,900
Sold Price
$610,000
Premium/Discount to List
-$89,900
-12.84%
Views
128
Current Estimated Value
$635,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,333
Avg. Annual Appreciation
1.59%
Original Mortgage
$623,115
Outstanding Balance
$619,318
Interest Rate
6.78%
Mortgage Type
VA
Estimated Equity
-$318

Purchase Details

Closed on
Oct 5, 2021
Sold by
Daisey Donna M
Bought by
Daisey Trust

Purchase Details

Closed on
Nov 16, 2011
Sold by
Daisey Donna M and Daisey Larry E
Bought by
Daisey Donna M and Daisey Larry E

Purchase Details

Closed on
Nov 26, 2004
Sold by
Not Provided
Bought by
Not Provided

Purchase Details

Closed on
Jun 7, 2001
Sold by
Daisey Larry E and Prochaska Mary Ann
Bought by
Daisey Larry E and Daisey Donna M
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $610,000 First United Land Transfer
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $623,115 VA
Previous Owner $213,700 New Conventional
Previous Owner $311,000 No Value Available
Closed $0 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2024 09/03/24 Sold $610,000 -8.3% $208 / Sq Ft
06/15/2024 06/15/24 Pending -- -- --
05/17/2024 05/17/24 Price Changed $665,000 -5.0% $227 / Sq Ft
04/10/2024 04/10/24 For Sale $699,900 -- $239 / 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 $6,194 $146,870 -- --
2023 $5,977 $146,870 $0 $0
2022 $5,843 $146,870 $0 $0
2021 $5,750 $146,870 $0 $0
2020 $5,609 $146,870 $0 $0
2019 $5,537 $146,870 $0 $0
2018 $5,536 $146,870 $0 $0
2017 $5,297 $146,870 $0 $0
2016 $5,240 $146,870 $0 $0
2015 $5,035 $146,870 $0 $0
2014 $5,035 $146,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2100068

Bright MLS

APN: 48-00-00241-008