NOT LISTED FOR SALE

Estimated Value: $651,927

-- Bed
1 Bath
-- Sq Ft
2,800 Sq Ft Lot

Last Sold September 21, 2018

Last sale price $169,999

Est. 283% increase in value since last sale

Current estimated payment $3,961/month

29 Days on Market

About This Home

As of September 2018

Join Pottstown's Revitalization with this commercial/residential 3-unit in a prime High Street location. Neighbors the Steel River Playhouse and within a block or two of the Farmers Market, multiple eateries, the Montgomery County Community College West, parks, and the popular Schuylkill River Trail. Tenants pay their own heat & electricity with separate gas hot air heat and electric services. Each apartment has its own washer and dryer. This is an ideal building for the enterprising business/investor looking for a building in the Heart of Downtown Pottstown!

Last Agent to Sell the Property

Brian Kelly

(610) 715-9762 bkelly@gokellyrealestate.com Kelly Real Estate, Inc. License #RM052045A Listed on: 05/17/2018

Last Buyer's Agent

Brian Kelly

(610) 715-9762 bkelly@gokellyrealestate.com Kelly Real Estate, Inc. License #RM052045A Listed on: 05/17/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 2,800

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Schools

  • Pottstown Senior High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • Laundry in unit
  • Basement Fills Entire Space Under The House
  • 2,800 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 025
  • Assessor Parcel Number 16-00-14796-002

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $3,556
  • Operating Expense $11,617

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: Tenants' Possessions
  • New Construction: No
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Washer In Unit, Dryer In Unit

Exterior Features

  • 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: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 2100.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: POTTSTOWN SENIOR

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 140 X
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2800.00
  • Zoning: D

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 25740.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 629201
  • Tax Annual Amount: 5834.00
  • Assessor Parcel Number: 16-00-14796-002
  • Tax Lot: 025
  • Tax Year: 2018

MLS Schools

  • School District Name: POTTSTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2018
Closed on
Sep 18, 2018
Sold by
241 High St Associates Lp
Bought by
Mamaset Llc
Seller's Agent
Brian Kelly
Kelly Real Estate, Inc.
Buyer's Agent
Brian Kelly
Kelly Real Estate, Inc.
List Price
$169,999
Sold Price
$169,999
Current Estimated Value
$651,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,928
Avg. Annual Appreciation
20.40%
Original Mortgage
$127,499
Outstanding Balance
$110,958
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$540,969

Purchase Details

Closed on
Oct 6, 2006
Sold by
Locke Theresa E and Locke Delmar E
Bought by
241 High Street Associates Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,750
Interest Rate
6.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 21, 1999
Sold by
Locke Loella A and Locke Delmar E
Bought by
Locke Delmar E and Locke Theresa E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mamaset Llc $339,998 None Available
241 High Street Associates Lp $160,000 None Available
Locke Delmar E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mamaset Llc $127,499
Previous Owner 241 High Street Associates Lp $81,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2018 09/21/18 Sold $169,999 0.0% --
06/15/2018 06/15/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $169,999 -- --
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 $6,388 $104,080 $41,900 $62,180
2024 $6,388 $104,080 $41,900 $62,180
2023 $6,301 $104,080 $41,900 $62,180
2022 $6,268 $104,080 $41,900 $62,180
2021 $6,196 $104,080 $41,900 $62,180
2020 $6,088 $104,080 $41,900 $62,180
2019 $5,948 $104,080 $41,900 $62,180
2018 $4,228 $104,080 $41,900 $62,180
2017 $5,562 $104,080 $41,900 $62,180
2016 $5,521 $104,080 $41,900 $62,180
2015 $5,486 $104,080 $41,900 $62,180
2014 $5,486 $104,080 $41,900 $62,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001487634

Bright MLS

APN: 16-00-14796-002