NOT LISTED FOR SALE

237 N Main St Telford, PA 18969

Estimated Value: $383,000 - $424,018

-- Bed
3 Baths
1,836 Sq Ft
$222/Sq Ft Est. Value

Last Sold September 28, 2016

Last sale price $240,000 $131 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,229/month

Highlights

  • No HOA
  • Tile or Brick Flooring
  • Radiant Heating System
  • Indian Crest Middle School Rated A-
  • En-Suite Primary Bedroom

About This Home

As of September 2016

Impeccable duplex located in desirable Souderton School District! This is a phenomenal investment opportunity for the first time investor or an owner occupant who wants to live in one unit and rent out the other! This unit boasts TONS of upgrades including a new architectural style roof, aluminum gutters, and hardie plank siding in 2014, new cove heat upstairs in 2013, and brand new vinyl windows on the first and second floors in 2010. Both units have updated kitchens, fresh paint, and newer carpets. In addition, both units have washer and dryer access, a huge "must-have" for renters in today's market. Out back you'll find a sizable yard that leads back to 4 car off street parking. The major improvements have been completed within the last 5 years. This unit is rentable immediately; no fixing up is required. Don't miss this great opportunity to start your investment portfolio, or add to an already existing one, with virtually no work to be done!

Last Agent to Sell the Property

Mark McGuire

(215) 631-1964 mark@movingbucksmont.com Keller Williams Real Estate-Montgomeryville License #RS319597 Listed on: 08/19/2016

Keller Williams Real Estate-Montgomeryville

Last Buyer's Agent

Mark McGuire

(215) 631-1964 mark@movingbucksmont.com Keller Williams Real Estate-Montgomeryville License #RS319597 Listed on: 08/19/2016

Keller Williams Real Estate-Montgomeryville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,800

Year Built

  • Built in 1940

Lot Details

  • 9,500 Sq Ft Lot
  • Lot Dimensions are 50x190

Parking

  • 3 Open Parking Spaces

Home Design

  • 1,836 Sq Ft Home
  • Duplex

Flooring

  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Radiant Heating System
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 023
  • Assessor Parcel Number 43-001-023

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $1,500
  • Maintenance Expense $1,000
  • Operating Expense $8,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,800

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: Refrigerators, Washers, Dryers, All In As-Is Condition
  • New Construction: No
  • Year Built: 1940
  • Remarks Public: Impeccable duplex located in desirable Souderton School District! This is a phenomenal investment opportunity for the first time investor or an owner occupant who wants to live in one unit and rent out the other! This unit boasts TONS of upgrades including a new architectural style roof, aluminum gutters, and hardie plank siding in 2014, new cove heat upstairs in 2013, and brand new vinyl windows on the first and second floors in 2010. Both units have updated kitchens, fresh paint, and newer carpets. In addition, both units have washer and dryer access, a huge "must-have" for renters in today's market. Out back you'll find a sizable yard that leads back to 4 car off street parking. The major improvements have been completed within the last 5 years. This unit is rentable immediately; no fixing up is required. Don't miss this great opportunity to start your investment portfolio, or add to an already existing one, with virtually no work to be done!
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl, Tile/Brick
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1836
  • Living Area Sq Ft: 1836
  • Price Per Sq Ft: 130.72
  • Above Grade Finished Sq Ft: 1836
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 237

Exterior Features

  • Other Structures: Above Grade
  • 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: 3

Utilities

  • Central Air Conditioning: No
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Electric, Radiant
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1200.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 14800.00
  • Land Assessed Value: 5200.00
  • Land Use Code: 1001
  • Lot Size Acres: 0.22
  • Lot Dimensions: 50X190
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9500.00
  • Property Attached Yn: Yes
  • Zoning: B

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 22200.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 8321917
  • Tax Annual Amount: 4800.00
  • Assessor Parcel Number: 43-001-023
  • Tax Lot: 023
  • Tax Year: 2016
  • Close Date: 09/28/2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2016
Closed on
Sep 28, 2016
Sold by
Nemath Glenn J
Bought by
Denlinger Curtis D
Seller's Agent
Mark McGuire
Keller Williams Real Estate-Montgomeryville
Buyer's Agent
Mark McGuire
Keller Williams Real Estate-Montgomeryville
List Price
$240,000
Sold Price
$240,000
Current Estimated Value
$407,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,755
Avg. Annual Appreciation
6.05%
Original Mortgage
$192,000
Outstanding Balance
$153,777
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$253,978

Purchase Details

Closed on
Nov 11, 2004
Sold by
Landes Abram C and Landes Sarah M
Bought by
Nemath Glenn J

Purchase Details

Closed on
Oct 29, 2004
Sold by
Landes Sarah
Bought by
Landes Abram C and Landes Sarah M
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
Denlinger Curtis D $240,000 None Available
Nemath Glenn J $179,000 --
Landes Abram C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denlinger Curtis D $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2016 09/28/16 Sold $240,000 0.0% $131 / Sq Ft
08/20/2016 08/20/16 Pending -- -- --
08/19/2016 08/19/16 For Sale $240,000 -- $131 / 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 $692 $20,000 $5,200 $14,800
2024 $692 $20,000 $5,200 $14,800
2023 $652 $20,000 $5,200 $14,800
2022 $649 $20,000 $5,200 $14,800
2021 $644 $20,000 $5,200 $14,800
2020 $644 $20,000 $5,200 $14,800
2019 $622 $20,000 $5,200 $14,800
2018 $617 $20,000 $5,200 $14,800
2017 $585 $20,000 $5,200 $14,800
2016 $585 $20,000 $5,200 $14,800
2015 -- $20,000 $5,200 $14,800
2014 -- $20,000 $5,200 $14,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003878885

Bright MLS

APN: 43-001-023