NOT LISTED FOR SALE

Estimated Value: $476,000 - $509,000

-- Bed
2 Baths
2,328 Sq Ft
$212/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $383,000 $165 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,080/month

Highlights

  • Colonial Architecture
  • No HOA
  • Eat-In Kitchen
  • Vernfield Elementary School Rated A-
  • 1 Car Direct Access Garage
  • Shed

About This Home

As of August 2021

Great investment opportunity! Both units are currently rented on a month to month basis. Continue to rent both units or live in one and use the income from the 2nd unit to pay your mortgage. These are side by side units and a rare find! Largest unit has 3 bedrooms and 2 full baths with a garage. Private access to the unfinished basement with laundry hook up, backdoor to yard & storage shed. Large living room and updated kitchen on first floor. Kitchen has soft close drawers, built in pantry, granite countertops and high top counter with room for stools. Kitchen is large enough to have a table off to the side with a couch and TV in the back or use as a large eat in kitchen. 3 bedrooms with full master bath and hall bath on 2nd floor. Pull down stairs to attic storage over the master bedroom. Smaller unit has a large living room and kitchen with access to the backyard. 2 bedrooms and 1 full bath plus private access the basement with laundry hookup. New roof 2016 & new siding 2021. Both units are currently tenant occupied. Photos from previous rental listings. Do not enter property or lawn without an appointment. Showings begin Saturday July 24th.

Last Agent to Sell the Property

Michelle Bauer

Century 21 Norris-Valley Forge License #AB068519 Listed on: 07/21/2021

Century 21 Norris-Valley Forge

Last Buyer's Agent

Stacey DeLong

Iron Valley Real Estate Legacy License #RS327245

Iron Valley Real Estate Legacy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,860

Year Built

  • Built in 1981

Lot Details

  • 9,020 Sq Ft Lot
  • Lot Dimensions are 75.00 x 0.00

Parking

  • 1 Car Direct Access Garage
  • Front Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Duplex
  • Colonial Architecture

Interior Spaces

  • 2,328 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range Hood
  • Microwave
  • Dishwasher

Outdoor Features

  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Hunter Crest Subdivision

Listing and Financial Details

  • The owner pays for sewer
  • Tax Lot 036
  • Assessor Parcel Number 50-00-00575-446

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,860

Year Built

Built in 1981

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenants in unit 260 have their own washer & dryer and unit 262 has their own washer. These are excluded from the sale and are personal property of the tenants.
  • Inclusions: Refrigerator, washer & dryer in both units in as is condition.
  • New Construction: No
  • Expected On Market: 2021-07-24
  • Year Built: 1981
  • Automatically Close On Close Date: No
  • Remarks Public: Great investment opportunity! Both units are currently rented on a month to month basis. Continue to rent both units or live in one and use the income from the 2nd unit to pay your mortgage. These are side by side units and a rare find! Largest unit has 3 bedrooms and 2 full baths with a garage. Private access to the unfinished basement with laundry hook up, backdoor to yard & storage shed. Large living room and updated kitchen on first floor. Kitchen has soft close drawers, built in pantry, granite countertops and high top counter with room for stools. Kitchen is large enough to have a table off to the side with a couch and TV in the back or use as a large eat in kitchen. 3 bedrooms with full master bath and hall bath on 2nd floor. Pull down stairs to attic storage over the master bedroom. Smaller unit has a large living room and kitchen with access to the backyard. 2 bedrooms and 1 full bath plus private access the basement with laundry hookup. New roof 2016 & new siding 2021. Both units are currently tenant occupied. Photos from previous rental listings. Do not enter property or lawn without an appointment. Showings begin Saturday July 24th.
  • Special Features: None

Interior Features

  • Appliances: Range Hood, Refrigerator, Dishwasher, Microwave
  • Interior Amenities: Ceiling Fan(s), Kitchen - Eat-In
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2328
  • Living Area Sq Ft: 2328
  • Price Per Sq Ft: 154.64
  • Above Grade Finished Sq Ft: 2328
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 260

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, On Street, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: SOUDERTON AREA
  • School District Key: 300200397037
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1132
  • Lot Size Acres: 0.21
  • Lot Dimensions: 75.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9020.00
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 2
  • Owner Pays: Sewer
  • Rent Control: No
  • Total Actual Rent: 31800.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 781376
  • School Tax: 4031.00
  • Tax Annual Amount: 4860.00
  • Assessor Parcel Number: 50-00-00575-446
  • Tax Lot: 036
  • Tax Total Finished Sq Ft: 2328
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/18/2021

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: SOUDERTON AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Aug 12, 2021
Sold by
Lyle Joseph C and Lyle Kathleen
Bought by
318 Progress Drive Llc
Seller's Agent
Michelle Bauer
Century 21 Norris-Valley Forge
Buyer's Agent
Stacey DeLong
Iron Valley Real Estate Legacy
List Price
$360,000
Sold Price
$383,000
Premium/Discount to List
$23,000
6.39%
Current Estimated Value
$494,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,221
Avg. Annual Appreciation
6.29%

Purchase Details

Closed on
Apr 29, 1981
Bought by
Lyle Joseph C and Lyle Kathleen
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
318 Progress Drive Llc $383,000 None Available
Lyle Joseph C $84,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lyle Joseph C $100,000
Previous Owner Lyle Joseph C $50,000
Previous Owner Lyle Kathleen $16,000
Previous Owner Lyle Kathleen $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2021 08/18/21 Sold $383,000 +6.4% $165 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $360,000 0.0% $155 / Sq Ft
02/01/2019 02/01/19 Rented $1,550 0.0% --
01/05/2019 01/05/19 Off Market $1,550 -- --
12/28/2018 12/28/18 For Rent $1,550 +3.3% --
02/01/2017 02/01/17 Rented $1,500 0.0% --
01/17/2017 01/17/17 Under Contract -- -- --
11/24/2016 11/24/16 For Rent $1,500 -- --
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 $5,363 $131,250 $34,690 $96,560
2024 $5,363 $131,250 $34,690 $96,560
2023 $5,087 $131,250 $34,690 $96,560
2022 $4,933 $131,250 $34,690 $96,560
2021 $4,860 $131,250 $34,690 $96,560
2020 $4,802 $131,250 $34,690 $96,560
2019 $4,746 $131,250 $34,690 $96,560
2018 $4,746 $131,250 $34,690 $96,560
2017 $4,636 $131,250 $34,690 $96,560
2016 $4,585 $131,250 $34,690 $96,560
2015 $4,502 $131,250 $34,690 $96,560
2014 $4,502 $131,250 $34,690 $96,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2004872

Bright MLS

APN: 50-00-00575-446