NOT LISTED FOR SALE

Estimated Value: $197,253 - $275,000

-- Bed
2 Baths
1,404 Sq Ft
$164/Sq Ft Est. Value

Last Sold July 25, 2019

Last sale price $120,000 $85 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,566/month

Highlights

  • Colonial Architecture
  • Enclosed Patio or Porch
  • Level Lot
  • No HOA
  • Hot Water Heating System

About This Home

As of July 2019

Charming, inviting 2-unit dwelling on a centrally-located Pottstown side street. Low-maintenance exterior. Enclosed and open porches. Fenced yard. Parking lot for up to 6 cars. The first floor apartment includes an enclosed front porch, nice eat-in kitchen with plenty of cabinetry, large living room, bedroom with hardwood flooring, and full bathroom, plus access to the basement with laundry connections. The second floor apartment features an eat-in kitchen, spacious living room with exposed wood floors, a bedroom with 2 closets, full bathroom, and stairs to the (unheated) finished attic area, which could be extra living space. This property could be a great choice for an investor as well as an owner-occupant who can live in one apartment while collecting rent from the other.

Last Agent to Sell the Property

Brian Kelly

(610) 715-9762 bkelly@gokellyrealestate.com Kelly Real Estate, Inc. License #RM052045A Listed on: 04/11/2019

Last Buyer's Agent

Lisa Tartaglia

(484) 390-2958 lisabtartaglia@gmail.com Silverstone Real Estate LLC License #RM425477

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 4,200 Sq Ft Lot
  • Lot Dimensions are 30.00 x 0.00
  • Level Lot
  • Property is in good condition

Home Design

  • Duplex
  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,404 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Enclosed Patio or Porch
  • Wood or Metal Shed

Utilities

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

Listing and Financial Details

  • The owner pays for heat, sewer, real estate taxes, trash collection, water
  • Tax Lot 031
  • Assessor Parcel Number 16-00-29284-004

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $700
  • Other Expense $3,853
  • Net Operating Income $8,353

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenants Possessions
  • Home Warranty: No
  • New Construction: No
  • Other Expense: 3853.00
  • Year Built: 1910
  • Remarks Public: Charming, inviting 2-unit dwelling on a centrally-located Pottstown side street. Low-maintenance exterior. Enclosed and open porches. Fenced yard. Parking lot for up to 6 cars. The first floor apartment includes an enclosed front porch, nice eat-in kitchen with plenty of cabinetry, large living room, bedroom with hardwood flooring, and full bathroom, plus access to the basement with laundry connections. The second floor apartment features an eat-in kitchen, spacious living room with exposed wood floors, a bedroom with 2 closets, full bathroom, and stairs to the (unheated) finished attic area, which could be extra living space. This property could be a great choice for an investor as well as an owner-occupant who can live in one apartment while collecting rent from the other.
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1404
  • Living Area Sq Ft: 1404
  • Price Per Sq Ft: 87.25
  • Above Grade Finished Sq Ft: 1404
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 242

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Wood/Metal Shed
  • Construction Materials: Vinyl Siding
  • Roof: Shingle
  • 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: 6
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: POTTSTOWN
  • School District Key: 300200397038
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1132
  • Lot Features: Level
  • Lot Size Acres: 0.10
  • Lot Dimensions: 30.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4200.00
  • Outdoor Living Structures: Enclosed, Porch(es)
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: RHD

Rental Info

  • Number Of Units Month To Month: 1
  • Owner Pays: Heat, Sewer, Taxes - Real Estate, Trash Collection, Water
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 632858
  • School Tax: 2886.00
  • Tax Annual Amount: 4019.00
  • Assessor Parcel Number: 16-00-29284-004
  • Tax Lot: 031
  • Tax Total Finished Sq Ft: 1404
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2020
  • Close Date: 07/25/2019

Multi Family

  • Gross Income: 16800.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: POTTSTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2019
Closed on
Jul 16, 2019
Sold by
Mitchell Thomas J and Mitchell Kathie L
Bought by
Hibbets Arthur J
Seller's Agent
Brian Kelly
Kelly Real Estate, Inc.
Buyer's Agent
Lisa Tartaglia
Silverstone Real Estate LLC
List Price
$124,900
Sold Price
$120,000
Premium/Discount to List
-$4,900
-3.92%
Current Estimated Value
$229,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,563
Avg. Annual Appreciation
11.05%
Original Mortgage
$90,000
Outstanding Balance
$78,701
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$150,862

Purchase Details

Closed on
Aug 11, 2005
Sold by
Riveredge Rentals and Plotts Mark
Bought by
Mitchell Thomas J and Mitchell Kathie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
5.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2000
Sold by
Heiner Betty Jane
Bought by
Pursel Carl W and Pursel Diana L
Source: Public Records

Range of Values:

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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
Hibbets Arthur J $120,000 None Available
Mitchell Thomas J $120,000 --
Pursel Carl W $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hibbets Arthur J $90,000
Previous Owner Mitchell Thomas J $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2019 07/25/19 Sold $120,000 -2.0% $85 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
06/17/2019 06/17/19 Price Changed $122,500 -1.9% $87 / Sq Ft
04/11/2019 04/11/19 For Sale $124,900 -- $89 / 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 $4,183 $68,140 $33,750 $34,390
2024 $4,183 $68,140 $33,750 $34,390
2023 $4,126 $68,140 $33,750 $34,390
2022 $4,104 $68,140 $33,750 $34,390
2021 $4,056 $68,140 $33,750 $34,390
2020 $3,986 $68,140 $33,750 $34,390
2019 $3,894 $68,140 $33,750 $34,390
2018 $2,768 $68,140 $33,750 $34,390
2017 $3,641 $68,140 $33,750 $34,390
2016 $3,616 $68,140 $33,750 $34,390
2015 $3,614 $68,140 $33,750 $34,390
2014 -- $68,140 $33,750 $34,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC603816

Bright MLS

APN: 16-00-29284-004