NOT LISTED FOR SALE

Estimated Value: $418,000 - $477,583

-- Bed
2 Baths
1,980 Sq Ft
$229/Sq Ft Est. Value

Last Sold August 29, 2013

Last sale price $220,000 $111 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $2,840/month

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • 5-minute walk to Wee Whalers Park
  • North Wales Elementary School Rated A-
  • Heating System Uses Gas

About This Home

As of August 2013

Investor Alert - Duplex in awesome neighborhood on quiet street next to The North Wales Area Public Library ** Current rents are well below market value ** Each unit pays its own electric and heat ** Currently landlord pays water, sewer, and lawn care ** Walking distance to elementary and middle schools, R5, Merck, Restaurants, water ice and bakery ** Close to Turnpike, Montgomery Mall, 309 corridor ** Check out these large room sizes - Kitchens 12 x 12, 1st fl LR 12 x 16 and 2nd fl LR 15 x16, Bedrooms 12 x 15 and 12 x 11 ** 1st Floor has hardwood floors LR, hall and both bedrooms and 2nd Floor has hardwood floors LR, hall and larger bedroom ** Full basement accessible to both tenants for storage and laundry ** 2 car wide Driveway provides off street parking ** North Wales is a historic, family oriented town with lots of culture and community events ** Great investment opportunity or live in 1 unit and offset your living expenses with rental income

Last Agent to Sell the Property

Pamela Romeo

EXP Realty, LLC License #RS308512 Listed on: 06/28/2013

EXP Realty, LLC

Last Buyer's Agent

Etta Norton

Quinn & Wilson, Inc. License #RS205364L

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,680

Year Built

  • Built in 1966

Lot Details

  • 7,044 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Pitched Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,980 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway

Schools

  • North Wales Elementary School
  • Pennbrook Middle School
  • North Penn Senior High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 080
  • Assessor Parcel Number 14-00-02352-001

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $1,400
  • Operating Expense $5,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,680

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Fireplace: No
  • Entry Location: Private
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Hookup
  • Total Sq Ft: 1980
  • Living Area Sq Ft: 1980
  • Price Per Sq Ft: 126.21
  • Above Grade Finished Sq Ft: 1980
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Stone
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 900.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: NORTH PENN
  • Elementary School: NORTH WALES
  • Middle School: PENNBROOK
  • High School: NORTH PENN SENIOR
  • School District Key: 300200397039
  • Elementary School: NORTH WALES
  • High School: NORTH PENN SENIOR
  • Middle Or Junior School: PENNBROOK

Lot Info

  • Land Use Code: 1132
  • Lot Size Acres: 0.16
  • Lot Dimensions: 66
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7044.00
  • Property Condition: Good
  • Zoning: B

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 17400.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 623744
  • Tax Annual Amount: 3680.00
  • Assessor Parcel Number: 14-00-02352-001
  • Tax Lot: 080
  • Tax Year: 2013
  • Close Date: 08/29/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2013
Closed on
Aug 29, 2013
Sold by
North Wales Area Library
Bought by
Davis John J
Seller's Agent
Pamela Romeo
EXP Realty, LLC
Buyer's Agent
Etta Norton
Quinn & Wilson, Inc.
List Price
$249,900
Sold Price
$220,000
Premium/Discount to List
-$29,900
-11.96%
Current Estimated Value
$453,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,146
Avg. Annual Appreciation
6.27%
Original Mortgage
$165,000
Outstanding Balance
$124,696
Interest Rate
4.34%
Mortgage Type
New Conventional
Estimated Equity
$333,272

Purchase Details

Closed on
Dec 27, 2012
Sold by
Krupp Dawn and Albright Grover C
Bought by
North Wales Area Library
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 Buyer Sale Price Title Company
Davis John J $220,000 Old Republic National Title
North Wales Area Library $201,009 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis John J $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2013 08/29/13 Sold $220,000 -12.0% $111 / Sq Ft
07/19/2013 07/19/13 Pending -- -- --
06/28/2013 06/28/13 For Sale $249,900 -- $126 / 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 $5,096 $124,850 $46,360 $78,490
2024 $5,096 $124,850 $46,360 $78,490
2023 $4,882 $124,850 $46,360 $78,490
2022 $4,726 $124,850 $46,360 $78,490
2021 $4,532 $124,850 $46,360 $78,490
2020 $4,363 $124,850 $46,360 $78,490
2019 $4,290 $124,850 $46,360 $78,490
2018 $2,973 $124,850 $46,360 $78,490
2017 $4,126 $124,850 $46,360 $78,490
2016 $4,077 $124,850 $46,360 $78,490
2015 $3,788 $124,850 $46,360 $78,490
2014 $3,788 $124,850 $46,360 $78,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003503306

Bright MLS

APN: 14-00-02352-001