NOT LISTED FOR SALE

Estimated Value: $348,000 - $419,000

Studio
4 Baths
4,174 Sq Ft
$92/Sq Ft Est. Value

Sale Details

Date Sold: September 24, 2021

Last sale price $350,000 $84 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,152 / mo

34 Days on Market

Highlights

  • Traditional Architecture
  • Back and Side Yard
  • Forced Air Heating System
  • No HOA

About This Home

As of September 2021

INVESTOR ALERT! RARE OPPORTUNITY - HUGE QUADRUPLEX (4 UNITs) FULLY LEASED TO LONGTERM TENANTS - TURNKEY AND READY TO GO! There are THREE 2 Bed/1Bath Units and ONE 3 Bed/1Bath Unit. Property is located in a quiet neighborhood and a proven and stable income producer. Meticulously maintained by both Landlord and Tenants. Fully occupied to longterm tenants for 15 years, total gross annual rents generate $3,555 per month / $42,660 annually. These rents are undervalued and discounted for stable longterm tenants. Projected rents between $950-$1150 per month for each unit. All units leased through December 2021 with opportunity to renew or vacate tenants at that time.
UNIT 1: 2 BED / 1 BATH / 1008 SQ. FT. / $825 PER MONTH (25 Toth Ave.)
UNIT 2: 2 BED / 1 BATH / 1008 SQ. FT. / $880 PER MONTH (27 Toth Ave.)
UNIT 3: 2 BED / 1 BATH / 1008 SQ. FT. / $950 PER MONTH (29 Toth Ave.)
UNIT 4: 3 BED / 1 BATH / 1150 SQ. FT. / $900 PER MONTH (31 Toth Ave.)
Annual Taxes (2021) $5,226
The property has a HUGE back yard area accessible by each unit and provides additional opportunity to generate income through pet rent and fees. Each unit has a dedicated 2 car driveway and plentiful street parking available. Shared driveway easements with neighboring properties on left and right or building. All units on separate gas/electric meters through PECO. Newer gas furnaces and water heaters replaced in 2008. Some units with upgraded 200 amp main panel electric. Water paid through PA American Water. Trash Paid and reimbursed to Landlord - $120 Bi-monthly. Property insurance in 2020 = $1621. Property located on concrete slab - no basement. Washer/Dryer hookups in each unit, but all washer/dryers are excluded and owned by Tenants. 25-31 Toth Avenue is perfectly situated within walking distance to Coatesville Area Senior High School, Coatesville VA Medical Center, Brandywine Hospital, and business rt. 30. PLEASE VIEW VIDEO WALKTHROUGH TOUR AT THE LINK HERE------> https://youtu.be/4mrczRUYP7k

Last Agent to Sell the Property

Bobby Hulmes

(484) 450-8771 admin@ironvalleyrealestateofberks.com Iron Valley Real Estate of Berks License #AB068805 Listed on: 07/15/2021

Iron Valley Real Estate of Berks

Last Buyer's Agent

Bobby Hulmes

(484) 450-8771 admin@ironvalleyrealestateofberks.com Iron Valley Real Estate of Berks License #AB068805 Listed on: 07/15/2021

Iron Valley Real Estate of Berks

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,226

Year Built

  • Built in 1944

Lot Details

  • 15,739 Sq Ft Lot
  • Back and Side Yard
  • Property is in good condition

Home Design

  • 4,174 Sq Ft Home
  • Quadruplex
  • Traditional Architecture
  • Frame Construction
  • Masonry

Parking

  • 8 Parking Spaces
  • 8 Driveway Spaces

Utilities

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

Listing and Financial Details

  • Tax Lot 0004
  • Assessor Parcel Number 39-03M-0004

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 2-Story Building
  • Thornbury Woods Subdivision

Building Details

  • Income includes laundry, parking

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,226

Year Built

Built in 1944

Lot Details

0.36 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: All window A/C units, Unit 25 refrigerator, Unit 29 refrigerator, all washers/dryers owned by tenants.
  • Inclusions: All remaining appliances not specifically excluded. All items in AS-IS condition with no monetary value.
  • New Construction: No
  • Expected On Market: 2021-07-19
  • Year Built: 1944
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Total Sq Ft: 4174
  • Living Area Sq Ft: 4174
  • Price Per Sq Ft: 83.83
  • Above Grade Finished Sq Ft: 4174
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 8

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 94440.00
  • Land Assessed Value: 13750.00
  • Lot Features: Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.36
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15739.00
  • Property Condition: Good
  • Zoning: R10

Rental Info

  • Existing Lease Type: Yearly
  • Number Of Units Month To Month: 4
  • Rent Control: No
  • Total Actual Rent: 42660.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 296753
  • School Tax: 4294.00
  • Tax Annual Amount: 5226.00
  • Assessor Parcel Number: 39-03M-0004
  • Tax Lot: 0004
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Gross Income: 42660.00
  • Income Includes: Laundry, Parking
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: COATESVILLE AREA

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Oct 1, 2021
Sold by
Artis Terrence J
Bought by
Seller's Agent
Bobby Hulmes
Iron Valley Real Estate of Berks
Buyer's Agent
Bobby Hulmes
Iron Valley Real Estate of Berks
List Price
$424,900
Sold Price
$350,000
Premium/Discount to List
-$74,900
-17.63%
Current Estimated Value
$382,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,590
Avg. Annual Appreciation
1.83%

Purchase Details

Closed on
Apr 13, 2007
Sold by
Hunt Kevin M and Hunt Lynette
Bought by
Artis Terrence J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,200
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2007
Sold by
Hunt Phyllis P
Bought by
Hunt Kevin M and Hunt Lynette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,200
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2007
Sold by
Hunt Ronald C
Bought by
Hunt Kevin M and Hunt Lynette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,200
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2007
Sold by
Hunt Emmett G
Bought by
Hunt Kevin M and Hunt Lynette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,200
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2004
Sold by
Hunt Kevin M
Bought by
Hunt Kevin and Hunt Lynette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,500
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 1997
Sold by
Hunt Kevin M and Hunt John Emmett
Bought by
Hunt Kevin M
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Coatesville, PA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$350,000 Attorneys Edge Stlmt Group
Artis Terrence J $226,000 None Available
Hunt Kevin M $9,600 None Available
Hunt Kevin M $8,000 None Available
Hunt Kevin M $9,600 None Available
Hunt Kevin -- --
Hunt Kevin M -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $150,000
Previous Owner Artis Terrence J $155,700
Previous Owner Artis Terrence J $158,200
Previous Owner Artis Terrence J $56,500
Previous Owner Hunt Kevin $143,500
Previous Owner Hunt Kevin $143,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/24/2021 09/24/21 Sold $350,000 0.0% $84 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
08/18/2021 08/18/21 Off Market $350,000 -- --
08/04/2021 08/04/21 Price Changed $349,900 -6.7% $84 / Sq Ft
07/29/2021 07/29/21 Price Changed $374,900 -6.3% $90 / Sq Ft
07/20/2021 07/20/21 Price Changed $399,900 -5.9% $96 / Sq Ft
07/15/2021 07/15/21 For Sale $424,900 -- $102 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $610 $108,190 $13,750 $94,440
2025 $5,624 $108,190 $13,750 $94,440
2024 $5,624 $108,190 $13,750 $94,440
2023 $5,507 $108,190 $13,750 $94,440
2022 $5,229 $108,190 $13,750 $94,440
2021 $5,064 $108,190 $13,750 $94,440
2020 $4,980 $108,190 $13,750 $94,440
2019 $4,888 $108,190 $13,750 $94,440
2018 $4,624 $108,190 $13,750 $94,440
2017 $4,467 $108,190 $13,750 $94,440
2016 $3,619 $108,190 $13,750 $94,440
2015 $3,619 $108,190 $13,750 $94,440
2014 $3,619 $108,190 $13,750 $94,440
Source: Public Records

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Map

Source: Bright MLS

MLS Number: PACT2002684

Bright MLS

APN: 39-03M-0004.0000

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