NOT LISTED FOR SALE

235 E Main St Lansdale, PA 19446

Estimated Value: $356,105 - $480,000

-- Bed
2 Baths
1,916 Sq Ft
$211/Sq Ft Est. Value

Last Sold June 24, 2021

Last sale price $305,000 $159 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,503/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Forced Air Heating System
  • North Penn Senior High School Rated A
  • No HOA
  • 1-minute walk to Memorial Park

About This Home

As of June 2021

Welcome to 235 E. Main St, a great Duplex, 3-bedroom, 1-bath & 2-bedroom, 1-bath investment opportunity located in the heart of Lansdale. Unit 1 features eat in kitchen with access to the basement with laundry. Unit 2 features eat in kitchen and two floors of living-2nd & 3rd floor. Conveniently located close to restaurants, shopping, major roads and the Lansdale Train Station, this home won't last long! Come and schedule your tour today! Long term 2nd floor tenant of 3 years with current rent of $1,100 a month. 1st floor unit's current rent is $1,100.

Last Agent to Sell the Property

Anthony Keane

(610) 715-2292 akeanehomes@gmail.com Real of Pennsylvania Listed on: 05/07/2021

Real of Pennsylvania

Last Buyer's Agent

Jeff Falterbauer

(215) 872-9030 jeff.falterbauer@gmail.com Keller Williams Real Estate-Montgomeryville License #RS-295862

Keller Williams Real Estate-Montgomeryville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,027

Year Built

  • Built in 1925

Lot Details

  • 3,795 Sq Ft Lot
  • Lot Dimensions are 25.00 x 0.00
  • Property is in average condition

Home Design

  • 1,916 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Pitched Roof
  • Shingle Roof

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Rear Basement Entry
  • Shelving

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Private Parking
  • Paved Parking
  • Parking Lot
  • 4 Assigned Parking Spaces

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • 3-Story Building

Listing and Financial Details

  • Tax Lot 032
  • Assessor Parcel Number 11-00-10092-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,027

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1925
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Special Features: VirtualTour

Interior Features

  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Unfinished, Walkout Stairs, Shelving, Poured Concrete, Rear Entrance, Interior Access
  • Total Sq Ft: 1916
  • Living Area Sq Ft: 1916
  • Price Per Sq Ft: 159.19
  • Above Grade Finished Sq Ft: 1916
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Fire Escape, Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 4
  • Garage: No
  • Parking Features: Assigned, Paved Parking, Private
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 25.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3795.00
  • Property Condition: Average
  • Zoning: B
  • Zoning Description: Duplex

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Ground Rent Exists: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 608840
  • School Tax: 2993.00
  • Tax Annual Amount: 4027.00
  • Assessor Parcel Number: 11-00-10092-004
  • Tax Lot: 032
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: NORTH PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 12, 2021
Sold by
Koenig Scott A
Bought by
Moser Miles and Moser Jessica
Seller's Agent
Anthony Keane
Real of Pennsylvania
Buyer's Agent
Jeff Falterbauer
Keller Williams Real Estate-Montgomeryville
List Price
$300,000
Sold Price
$305,000
Premium/Discount to List
$5,000
1.67%
Current Estimated Value
$403,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,776
Avg. Annual Appreciation
6.49%
Original Mortgage
$228,750
Outstanding Balance
$207,105
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$196,671

Purchase Details

Listed on
Mar 1, 2012
Closed on
Jul 3, 2012
Sold by
Halteman Alan and Halteman Kathleen
Bought by
Koenig Scott A
Seller's Agent
Maureen Hennessy
RE/MAX 440 - Skippack
Buyer's Agent
DANIEL DECASTRO
Keller Williams Real Estate-Blue Bell
List Price
$249,900
Sold Price
$235,500
Premium/Discount to List
-$14,400
-5.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.92%
Original Mortgage
$230,743
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 8, 2009
Sold by
Smith Linda and Halteman Kathleen
Bought by
Halteman Alan and Halteman Kathleen

Purchase Details

Closed on
Dec 30, 2005
Sold by
Walker Todd E
Bought by
Smith Carl and Smith Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
6.28%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moser Miles $305,000 None Available
Koenig Scott A $235,000 None Available
Halteman Alan -- None Available
Smith Carl $337,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moser Miles $228,750
Previous Owner Koenig Scott A $230,743
Previous Owner Smith Carl $71,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2021 06/24/21 Sold $305,000 0.0% $159 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
05/11/2021 05/11/21 Price Changed $305,000 0.0% $159 / Sq Ft
05/10/2021 05/10/21 Off Market $305,000 -- --
05/07/2021 05/07/21 For Sale $300,000 0.0% $157 / Sq Ft
09/14/2015 09/14/15 Rented $1,100 0.0% --
09/03/2015 09/03/15 Under Contract -- -- --
08/23/2015 08/23/15 For Rent $1,100 0.0% --
06/28/2012 06/28/12 Sold $235,500 -5.8% $123 / Sq Ft View Prior Sale
05/22/2012 05/22/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $249,900 -- $130 / 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 $4,635 $110,180 $41,040 $69,140
2024 $4,635 $110,180 $41,040 $69,140
2023 $4,336 $110,180 $41,040 $69,140
2022 $4,198 $110,180 $41,040 $69,140
2021 $4,027 $110,180 $41,040 $69,140
2020 $3,905 $110,180 $41,040 $69,140
2019 $3,841 $110,180 $41,040 $69,140
2018 $1,030 $110,180 $41,040 $69,140
2017 $3,585 $110,180 $41,040 $69,140
2016 $3,542 $110,180 $41,040 $69,140
2015 $3,287 $110,180 $41,040 $69,140
2014 $3,287 $110,180 $41,040 $69,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC692246

Bright MLS

APN: 11-00-10092-004