NOT LISTED FOR SALE

226 W Main St Kutztown, PA 19530

Estimated Value: $340,681

-- Bed
-- Bath
-- Sq Ft
3,920 Sq Ft Lot

Last Sold April 08, 2022

Last sale price $293,750

Est. 16% increase in value since last sale

Current estimated payment $1,983/month

10 Days on Market

About This Home

As of April 2022

Nice commercial/investment building on Main St. in Kutztown. Fully occupied property with commercial tenant on 1st floor and residential tenants in 2 apartment. Long history as student rental and permitted for 5 students. Nice size parking, recently macadam redone in rear of building to enhance your business venture. 1st floor has retail type windows, large open space, counter in place. Apartments have renovations including new kitchens, baths and paint. Updated w/s service, renovated 1st floor, gas heat with 3 zones. Upside financials as student rentals or maintain current tenants in place. Very versatile floor plan for most any business.

Last Agent to Sell the Property

Doug Frederick

Howard Hanna The Frederick Group Listed on: 01/26/2022

Howard Hanna The Frederick Group

Last Buyer's Agent

Doug Frederick

Howard Hanna The Frederick Group Listed on: 01/26/2022

Howard Hanna The Frederick Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,065

Year Built

  • Built in 1890

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction

Parking

  • 6 Parking Spaces
  • 6 Off-Site Spaces
  • Paved Parking

Utilities

  • Heating System Uses Oil
  • Electric Baseboard Heater
  • Oil Water Heater
  • Municipal Trash

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 3240
  • Assessor Parcel Number 55-5443-12-87-3240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,065

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Over Storefront
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Automatically Close On Close Date: Yes
  • Remarks Public: Nice commercial/investment building on Main St. in Kutztown. Fully occupied property with commercial tenant on 1st floor and residential tenants in 2 apartment. Long history as student rental and permitted for 5 students. Nice size parking, recently macadam redone in rear of building to enhance your business venture. 1st floor has retail type windows, large open space, counter in place. Apartments have renovations including new kitchens, baths and paint. Updated w/s service, renovated 1st floor, gas heat with 3 zones. Upside financials as student rentals or maintain current tenants in place. Very versatile floor plan for most any business.
  • Special Features: None

Interior Features

  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 226

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Off Site
  • Off Site Number Of Spaces: 6

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: KUTZTOWN AREA
  • School District Key: 300200397316
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 42900.00
  • Land Assessed Value: 53400.00
  • Land Use Code: 4126
  • Lot Size Acres: 0.09
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3920.00
  • Year Assessed: 2021
  • Zoning: COMMERCIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1528268
  • School Tax: 2885.00
  • Tax Annual Amount: 4065.00
  • Assessor Parcel Number: 55-5443-12-87-3240
  • Tax Lot: 3240
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 04/08/2022

Multi Family

  • Single Room Units Count: 1

MLS Schools

  • School District Name: KUTZTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2022
Closed on
Apr 4, 2022
Sold by
Unknown
Bought by
Mboxm Llc
Seller's Agent
Doug Frederick
Howard Hanna The Frederick Group
Buyer's Agent
Doug Frederick
Howard Hanna The Frederick Group
List Price
$297,500
Sold Price
$293,750
Premium/Discount to List
-$3,750
-1.26%
Current Estimated Value
$340,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,931
Avg. Annual Appreciation
4.23%
Original Mortgage
$232,000
Outstanding Balance
$220,578
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$116,951

Purchase Details

Closed on
Apr 4, 2012
Sold by
Dietrichs Limted Partnership
Bought by
Vld Llc

Purchase Details

Closed on
Dec 28, 2004
Sold by
Dietrich Joe R and Dietrich Virginia L
Bought by
Dietrichs Lp

Purchase Details

Closed on
Feb 28, 2003
Sold by
Biese Robert P
Bought by
Dietrich Joe R and Dietrich Virginia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.95%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mboxm Llc $293,750 None Listed On Document
Vld Llc -- None Available
Dietrichs Lp $111,708 --
Dietrich Joe R $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mboxm Llc $232,000
Previous Owner Vld Llc $170,000
Previous Owner Dietrich Joe R $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $293,750 -1.3% --
02/05/2022 02/05/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $297,500 -- --
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 $1,417 $96,300 $53,400 $42,900
2024 $4,218 $96,300 $53,400 $42,900
2023 $4,065 $96,300 $53,400 $42,900
2022 $4,065 $96,300 $53,400 $42,900
2021 $4,065 $96,300 $53,400 $42,900
2020 $4,065 $96,300 $53,400 $42,900
2019 $4,017 $96,300 $53,400 $42,900
2018 $4,017 $96,300 $53,400 $42,900
2017 $3,989 $96,300 $53,400 $42,900
2016 $1,105 $96,300 $53,400 $42,900
2015 $1,083 $96,300 $53,400 $42,900
2014 $1,083 $96,300 $53,400 $42,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2010666

Bright MLS

APN: 55-5443-12-87-3240