NOT LISTED FOR SALE

Estimated Value: $269,340

-- Bed
-- Bath
-- Sq Ft
4,229 Sq Ft Lot

Last Sold December 30, 2015

Last sale price $170,000

Est. 58% increase in value since last sale

Current estimated payment $1,775/month

389 Days on Market

Highlights

  • Wood Flooring
  • Mobility Improvements
  • Forced Air Heating and Cooling System
  • No HOA
  • En-Suite Primary Bedroom
  • Baseboard Heating

About This Home

As of December 2015

4-story brown stone building in the center of Pottstown's revitalizing downtown. Three(3) large commercial spaces plus 4 apartments. Close to Borough Hall, Community College, Schuylkill River Trail, new Performing Arts Center, shops and restaurants, this property is strategically positioned. Tenants pay for heating & central air. This property needs work but has great potential. Here is your opportunity to own and improve a landmark building in the heart of Pottstown. Income & expenses are projected. 24 hours notice necessary to show. $8,180 taxes shown reflect estimated taxes based on a new $143,800 tax assessment for 2015.

Last Agent to Sell the Property

Brian Kelly

Kelly Real Estate, Inc. License #RM052045A Listed on: 07/30/2014

Last Buyer's Agent

Brian Kelly

Kelly Real Estate, Inc. License #RM052045A Listed on: 07/30/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 4,229 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Stone Siding

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • Laundry in unit
  • Basement Fills Entire Space Under The House
  • Mobility Improvements

Listing and Financial Details

  • Tax Lot 006
  • Assessor Parcel Number 16-00-14752-001

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $2,100
  • Insurance Expense $6,000
  • Other Expense $2,400
  • Operating Expense $22,680

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Row/Townhouse
  • Accessibility Features: Mobility Improvements
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 2400.00
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Interior Amenities: Store/Office
  • Fireplace: No
  • Entry Location: Common
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Washer In Unit, Dryer In Unit

Exterior Features

  • Construction Materials: Stone
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Expense: 2100.00
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Gas, Electric, Forced Air, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 4000.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: POTTSTOWN
  • School District Key: 300200397038

Lot Info

  • Land Use Code: 4100
  • Lot Size Acres: 0.10
  • Lot Dimensions: 140 X
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4229.00
  • Property Condition: Good
  • Zoning: D

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 56700.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6,Unit 7

Tax Info

  • Assessor Parcel Number: 629191
  • Tax Annual Amount: 8180.00
  • Assessor Parcel Number: 16-00-14752-001
  • Tax Lot: 006
  • Tax Year: 2014
  • Close Date: 12/30/2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2024
Sold by
Rann Llc
Bought by
Lastick Acquisitions Llc
Total Days on Market
389
Current Estimated Value
$269,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,441,150
Outstanding Balance
$1,427,431
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2014
Closed on
Dec 15, 2015
Sold by
Taylor Wayne and Mccool Michael J
Bought by
Rann Llc
Seller's Agent
Brian Kelly
Kelly Real Estate, Inc.
Buyer's Agent
Brian Kelly
Kelly Real Estate, Inc.
List Price
$229,000
Sold Price
$170,000
Premium/Discount to List
-$59,000
-25.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,610
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 15, 2002
Sold by
Recker Robert W
Bought by
Venetian Bayou Partners

Purchase Details

Closed on
Dec 31, 1993
Sold by
Dor Rec Development
Bought by
Recker Robert W
Source: Public Records

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Range of Values:

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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
Lastick Acquisitions Llc $1,630,000 None Listed On Document
Rann Llc $170,000 None Available
Venetian Bayou Partners $300,000 --
Recker Robert W $13,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lastick Acquisitions Llc $1,441,150
Previous Owner Rann Llc $500,000
Previous Owner Rann Llc $139,610
Previous Owner Taylor Wayne $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2015 12/30/15 Sold $170,000 -25.8% --
08/23/2015 08/23/15 Pending -- -- --
07/30/2014 07/30/14 For Sale $229,000 -- --
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 $8,826 $143,800 -- --
2023 $8,705 $143,800 $0 $0
2022 $8,660 $143,800 $0 $0
2021 $8,561 $143,800 $0 $0
2020 $8,411 $143,800 $0 $0
2019 $8,218 $143,800 $0 $0
2018 $5,842 $143,800 $0 $0
2017 $7,685 $143,800 $0 $0
2016 $7,628 $143,800 $0 $0
2015 $7,624 $143,800 $0 $0
2014 $7,580 $193,300 $51,400 $141,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003027398

Bright MLS

APN: 16-00-14752-001