NOT LISTED FOR SALE

2701 Cowpath Rd Hatfield, PA 19440

-- Bed
3 Baths
-- Sq Ft
0.63 Acres

Last Sold July 11, 2018

Last sale price $1,000,000

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating System
  • North Penn Senior High School Rated A
  • En-Suite Primary Bedroom
  • Hot Water Heating System

About This Home

As of July 2018

This Multi unit has two offices and six one bedroom apartments plus a 3 bedroom two story home. Well maintained building with 32 off street parking spaces and two reserved street spaces on Overbrook Road. Fully rented...3 units in back have their own electric heat pumps with central air, which the tenants pay the rent plus electric (PP&L). The other three have no central air but wired for window units. Owner pays water, sewer, heat and trash. Office pay their own electric for heat / hot water and central air. This building has endless possibilities. Check with Hatfield Township.... All apartments include refrigerators. Showings to begin May 1, 2018.

Last Agent to Sell the Property

Kathy Cassel

(215) 896-7747 kathymcassel@gmail.com RE/MAX Reliance Listed on: 05/01/2018

RE/MAX Reliance

Last Buyer's Agent

Kathy Cassel

(215) 896-7747 kathymcassel@gmail.com RE/MAX Reliance Listed on: 05/01/2018

RE/MAX Reliance

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,147

Year Built

  • Built in 1930

Lot Details

  • 0.63 Acre Lot
  • Property is in good condition

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Aluminum Siding

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Driveway
  • On-Street Parking
  • Parking Lot

Utilities

  • Forced Air Heating System
  • Radiator
  • Heating System Uses Oil
  • Back Up Gas Heat Pump System
  • Hot Water Heating System
  • 200+ Amp Service
  • 100 Amp Service
  • 60 Amp Service
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • En-Suite Primary Bedroom
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Tax Lot 002
  • Assessor Parcel Number 35-00-02596-006

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $5,566
  • Maintenance Expense $20,627
  • Operating Expense $50,419

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,147

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenant Property
  • New Construction: No
  • Year Built: 1930
  • Remarks Public: This Multi unit has two offices and six one bedroom apartments plus a 3 bedroom two story home. Well maintained building with 32 off street parking spaces and two reserved street spaces on Overbrook Road. Fully rented...3 units in back have their own electric heat pumps with central air, which the tenants pay the rent plus electric (PP&L). The other three have no central air but wired for window units. Owner pays water, sewer, heat and trash. Office pay their own electric for heat / hot water and central air. This building has endless possibilities. Check with Hatfield Township.... All apartments include refrigerators. Showings to begin May 1, 2018.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Fireplace: No
  • Entry Location: Private
  • Foundation Details: Brick/Mortar
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Street Number Modifier: 2701

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Exterior Features: Sidewalks
  • Roof: Flat
  • 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: 8
  • Parking Features: Street
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: On Street, Driveway, Parking Lot

Utilities

  • Annual Heating Expense: 4500.00
  • Central Air Conditioning: No
  • Electric Service: 60 Amp Service, 100 Amp Service, 200+ Amp Service, Circuit Breakers, Fuses
  • Heating Fuel: Oil, Electric
  • Heating Type: Oil, Electric, Heat Pump - Gas Backup, Hot Water, Forced Air, Radiator
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 5579.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: NORTH PENN
  • School District Key: 300200397039

Lot Info

  • Land Use Code: 4100
  • Lot Size Acres: 0.63
  • Lot Dimensions: 157
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 27394.00
  • Property Condition: Good
  • Zoning: RA1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 136260.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 8,Unit 3,Unit 6,Unit 7,Unit 9
  • Single Room Units Count: 2

Tax Info

  • Assessor Parcel Number: 689782
  • Tax Annual Amount: 14147.00
  • Assessor Parcel Number: 35-00-02596-006
  • Tax Lot: 002
  • Tax Year: 2018
  • Close Date: 07/11/2018

MLS Schools

  • School District Name: NORTH PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2018
Closed on
Jul 9, 2018
Sold by
Cowpath Rd Investmensts Llc
Bought by
Cowpath Properties Llc
Seller's Agent
Kathy Cassel
RE/MAX Reliance
Buyer's Agent
Kathy Cassel
RE/MAX Reliance
List Price
$1,050,000
Sold Price
$1,000,000
Premium/Discount to List
-$50,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$651,345
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2003
Sold by
Lupin Gordon W
Bought by
Cowpath Road Investments Llc
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
Cowpath Properties Llc $1,000,000 None Available
Cowpath Road Investments Llc -- --
Cowpath Road Invest Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cowpath Properties Llc $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2018 07/11/18 Sold $1,000,000 -4.8% --
05/13/2018 05/13/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $1,050,000 -- --
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 $16,787 $419,290 $106,570 $312,720
2024 $16,787 $419,290 $106,570 $312,720
2023 $16,068 $419,290 $106,570 $312,720
2022 $15,543 $419,290 $106,570 $312,720
2021 $15,102 $419,290 $106,570 $312,720
2020 $14,745 $419,290 $106,570 $312,720
2019 $14,499 $419,290 $106,570 $312,720
2018 $14,499 $419,290 $106,570 $312,720
2017 $13,945 $419,290 $106,570 $312,720
2016 $13,781 $419,290 $106,570 $312,720
2015 $13,544 $419,290 $106,570 $312,720
2014 $13,231 $419,290 $106,570 $312,720
Source: Public Records

Agents Affiliated with this Home

  • Kathy Cassel

    Seller's Agent in 2018

    Kathy Cassel

    RE/MAX

    (215) 896-7747

    3 in this area

    65 Total Sales

    Kathy Cassel
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000468286

Bright MLS

APN: 35-00-02596-006

Pennsylvania Montgomery County Hatfield 19440

2701 Cowpath Rd, Hatfield, PA

This home is located at 2701 Cowpath Rd, Hatfield, PA 19440 since 01 May 2018. This property was built in 1930. 2701 Cowpath Rd is a home located in Montgomery County with nearby schools including Hatfield Elementary School, Pennfield Middle School, and North Penn Senior High School.

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