NOT LISTED FOR SALE

222 N Main St Telford, PA 18969

Estimated Value: $504,000 - $617,183

-- Bed
3 Baths
2,554 Sq Ft
$226/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $560,000 $219 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,532/month

124 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Hot Water Baseboard Heater
  • Franconia Elementary School Rated A-
  • Oversized Parking

About This Home

As of September 2023

***Awesome Investment Property*** Four rental units consisting of (2) 3 BR units, and 1 BR unit and a large 2 car garage. Annual rental income is $57,840 with tenants paying all utilities with the exception of trash removal. Shared laundry facilities are conveniently located on site, in the basement. Well maintained investment with an excellent rental history. Several recent upgrades to note, including a complete renovation of the one-bedroom unit as well as new vinyl siding on the 2 car garage. The building boasts character- with a solid brick exterior and a large front porch.
Unit #1 pays $1550 per month and is month to month; Unit #2 pays $1550 per month and expires 7/31 but month to month after that; Unit #3 is $1345 per month and lease expires 11/30; Garage tenant pays $375 per month and is month to month. Landlord pays house meter electric.

Last Agent to Sell the Property

Melanie Henderson

(267) 664-9757 sellwithmel@comcast.net RE/MAX 440 - Doylestown License #AB068276 Listed on: 04/07/2023

RE/MAX 440 - Doylestown

Last Buyer's Agent

Dave Curry

(215) 822-8200 davidcurry@remax.net RE/MAX Legacy License #RS209584L

RE/MAX Legacy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,523

Year Built

  • Built in 1900

Lot Details

  • 8,825 Sq Ft Lot
  • Lot Dimensions are 50.00 x 0.00

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Garage Door Opener

Home Design

  • Triplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2,554 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 22-02-01318-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,523

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2554
  • Living Area Sq Ft: 2554
  • Price Per Sq Ft: 223.14
  • Above Grade Finished Sq Ft: 2554
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 222

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: No
  • 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
  • Garage Features: Garage Door Opener, Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water & Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: SOUDERTON AREA
  • School District Key: 300200397037
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 1134
  • Lot Size Acres: 0.20
  • Lot Dimensions: 50.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8825.00
  • Year Assessed: 2023
  • Zoning: R - TRIPLEX

Rental Info

  • Rent Control: No
  • Total Actual Rent: 57840.00
  • Vacation Rental: No

Tax Info

  • School Tax: 4063.00
  • Tax Annual Amount: 5523.00
  • Assessor Parcel Number: 22-02-01318-008
  • Tax Lot: 25
  • Tax Total Finished Sq Ft: 2554
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/28/2023

MLS Schools

  • School District Name: SOUDERTON AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2023
Closed on
Sep 28, 2023
Sold by
222 N Main Street Family Revocable Trust
Bought by
Schweizerhof Ian
Seller's Agent
Melanie Henderson
Innovate Real Estate
Buyer's Agent
Dave Curry
RE/MAX Legacy
List Price
$599,900
Sold Price
$560,000
Premium/Discount to List
-$39,900
-6.65%
Views
470
Current Estimated Value
$576,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,046
Avg. Annual Appreciation
1.41%
Original Mortgage
$420,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2021
Sold by
Gouak William E and Gouak Anne C
Bought by
Street Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2000
Sold by
Schwartzendruber Ruth and Swartzendruber Julia Elaine
Bought by
Greer Rickey L
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
Schweizerhof Ian $560,000 None Listed On Document
Street Trust $305,000 None Available
Greer Rickey L $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schweizerhof Ian $420,000
Previous Owner Street Trust $244,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2023 09/28/23 Sold $560,000 -1.7% $219 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
08/02/2023 08/02/23 Price Changed $569,900 -0.9% $223 / Sq Ft
07/10/2023 07/10/23 Price Changed $574,900 -0.9% $225 / Sq Ft
06/27/2023 06/27/23 Price Changed $579,900 -0.9% $227 / Sq Ft
06/02/2023 06/02/23 Price Changed $584,900 -0.8% $229 / Sq Ft
04/29/2023 04/29/23 Price Changed $589,900 -1.7% $231 / Sq Ft
04/07/2023 04/07/23 For Sale $599,900 -- $235 / 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 $5,591 $124,130 $40,970 $83,160
2024 $5,591 $124,130 $40,970 $83,160
2023 $5,345 $124,130 $40,970 $83,160
2022 $5,199 $124,130 $40,970 $83,160
2021 $5,100 $124,130 $40,970 $83,160
2020 $5,032 $124,130 $40,970 $83,160
2019 $4,979 $124,130 $40,970 $83,160
2018 $3,677 $124,130 $40,970 $83,160
2017 $4,803 $124,130 $40,970 $83,160
2016 $4,754 $124,130 $40,970 $83,160
2015 $4,645 $124,130 $40,970 $83,160
2014 $4,645 $124,130 $40,970 $83,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2068212

Bright MLS

APN: 22-02-01318-008