NOT LISTED FOR SALE

2750 Allentown Rd Quakertown, PA 18951

Milford-Quakertown Neighborhood

Estimated Value: $406,000 - $720,000

7 Beds
4 Baths
3,200 Sq Ft
$174/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $495,000 $155 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,498/month

13 Days on Market

Highlights

  • Additional Residence on Property
  • Heated Floors
  • Open Floorplan
  • Scenic Views
  • 2.28 Acre Lot
  • Colonial Architecture

About This Home

As of March 2021

Kick-off 2021 with an amazing multi-unit income-producing property with exceptional ROI potential! This 2.28 acre property features 3 units within two homes and a large 52' x 32' four-car garage. The main house is a beautifully restored log-home that includes 3-beds, 1 full bath, fireplace, 1st floor laundry, and a brand new roof! It was recently renovated with new flooring, paint, and is move-in ready. The 2nd home includes 2 additional units. The 1st unit has 3 beds, 2 full baths, an open concept 1st fl., and a covered porch. The 2nd until has 1 bed, 1 full bath, and a nice deck with a wooded view. Both units have dry basement storage and are occupied with long-term tenants. All three units include built-in laundry rooms. Tenants pay all utilities. The garage was built with the intention of possibly converting it into two 1600 sq. ft. 3-bed, 2 bath units. If those units were completed, you would be sitting pretty with a 5-unit grossing approximately $91,800 annually from rental income! This projected income is based on the following monthly rents: $1800 each for two additional 3-bed units if the garage is converted, $1650 for the 3-bed house, $1500 for the 3-bed unit, $900 for the 1-bed unit. Someone's investment portfolio is going to look a lot nicer with this property in it!

Last Agent to Sell the Property

Robert Gemmel

House & Land Real Estate Listed on: 12/26/2020

House & Land Real Estate

Last Buyer's Agent

Carol Copelin

BHHS Keystone Properties

BHHS Keystone Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,771

Year Built

  • Built in 1900

Lot Details

  • 2.28 Acre Lot
  • Rural Setting
  • Corner Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Back Yard
  • Ground Rent
  • Property is in good condition

Parking

  • 4 Car Detached Garage
  • 12 Driveway Spaces
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Gravel Driveway
  • Off-Street Parking
  • Secure Parking

Property Views

  • Scenic Vista
  • Woods

Home Design

  • Colonial Architecture
  • Bump-Outs
  • Stone Foundation
  • Poured Concrete
  • Log Walls
  • Unfinished Walls
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • Main Floor Bedroom
  • Open Floorplan
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Family Room Off Kitchen
  • Basement
  • Exterior Basement Entry
  • Eat-In Country Kitchen
  • Attic

Flooring

  • Carpet
  • Heated Floors
  • Vinyl

Accessible Home Design

  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits

Outdoor Features

  • Deck
  • Outdoor Storage
  • Playground

Additional Homes

  • Additional Residence on Property

Schools

  • Quakertown Elementary And Middle School
  • Quakertown Community Senior High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Heat Pump System
  • Back Up Gas Heat Pump System
  • Heating System Powered By Leased Propane
  • Hot Water Baseboard Heater
  • Electric Baseboard Heater
  • Above Ground Utilities
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • The owner pays for insurance, sewer maintenance, water, repairs
  • Tax Lot 011
  • Assessor Parcel Number 23-005-011

Community Details

Overview

  • No Home Owners Association
  • Streamview Subdivision

Building Details

  • 1 Vacant Unit
  • Insurance Expense $1,400
  • Other Expense $5,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,771

Year Built

Built in 1900

Lot Details

0

Parking

4

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 32"+ Wide Doors, 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Tenants' and owners' personal belongings, washers/dryers.
  • Home Warranty: No
  • New Construction: No
  • Other Expense: 5700.00
  • Expected On Market: 2020-12-28
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Remarks Public: Kick-off 2021 with an amazing multi-unit income-producing property with exceptional ROI potential! This 2.28 acre property features 3 units within two homes and a large 52' x 32' four-car garage. The main house is a beautifully restored log-home that includes 3-beds, 1 full bath, fireplace, 1st floor laundry, and a brand new roof! It was recently renovated with new flooring, paint, and is move-in ready. The 2nd home includes 2 additional units. The 1st unit has 3 beds, 2 full baths, an open concept 1st fl., and a covered porch. The 2nd until has 1 bed, 1 full bath, and a nice deck with a wooded view. Both units have dry basement storage and are occupied with long-term tenants. All three units include built-in laundry rooms. Tenants pay all utilities. The garage was built with the intention of possibly converting it into two 1600 sq. ft. 3-bed, 2 bath units. If those units were completed, you would be sitting pretty with a 5-unit grossing approximately $91,800 annually from rental income! This projected income is based on the following monthly rents: $1800 each for two additional 3-bed units if the garage is converted, $1650 for the 3-bed house, $1500 for the 3-bed unit, $900 for the 1-bed unit. Someone's investment portfolio is going to look a lot nicer with this property in it!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Carpet, Heated, Vinyl
  • Interior Amenities: Attic, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Country, Kitchen - Eat-In, Pantry
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Beamed Ceilings, Cathedral Ceilings, Dry Wall, High, Log Walls, Unfinished Walls
  • Foundation Details: Stone
  • Room Count: 15
  • Basement: Yes
  • Basement Type: Outside Entrance, Poured Concrete
  • Total Sq Ft: 7128
  • Living Area Sq Ft: 3200
  • Price Per Sq Ft: 154.69
  • Above Grade Finished Sq Ft: 3200
  • Above Grade Unfinished Sq Ft: 3328
  • Below Grade Sq Ft: 600
  • Total Below Grade Sq Ft: 600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2750

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: 2nd House, Garage(s)
  • Construction Materials: Frame
  • Exterior Features: Bump-Outs, Play Area, Secure Storage
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • View: Scenic Vista, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Crushed Stone, Secure Parking
  • Garage Features: Garage - Front Entry, Additional Storage Area
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 16
  • Type Of Parking: Detached Garage, Driveway, Off Street
  • Number of Spaces in Driveway: 12

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Heat Pump(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil, Electric, Wood, Propane - Leased
  • Heating Type: Forced Air, Baseboard - Electric, Baseboard - Hot Water, Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Utilities: Above Ground, Sewer Available, Water Available
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: QUAKERTOWN COMMUNITY
  • Elementary School: QUAKERTOWN
  • Middle School: QUAKERTOWN
  • High School: QUAKERTOWN COMMUNITY SENIOR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397165
  • School District Source: Listing Agent
  • Elementary School: QUAKERTOWN
  • High School: QUAKERTOWN COMMUNITY SENIOR
  • Middle Or Junior School: QUAKERTOWN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 23640.00
  • Land Assessed Value: 5760.00
  • Land Use Code: 1010
  • Lot Features: Corner, Cleared, Partly Wooded, Rear Yard, Rural, Trees/Wooded
  • Lot Size Acres: 2.28
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 99360.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: RA

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: Yes
  • Number Of Units Month To Month: 2
  • Owner Pays: Insurance, Sewer Maintenance, Water, Repairs
  • Total Actual Rent: 28800.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 117215
  • School Tax: 4964.00
  • Tax Annual Amount: 5771.00
  • Assessor Parcel Number: 23-005-011
  • Tax Lot: 011
  • Tax Total Finished Sq Ft: 1634
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2021
  • Close Date: 03/12/2021

Multi Family

  • Number Of Units Vacant: 1
  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: QUAKERTOWN COMMUNITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2020
Closed on
Mar 12, 2021
Sold by
Seering Christopher A and Sefing Patricia L
Bought by
Anderson Andrew and Anderson Melissa
Seller's Agent
Robert Gemmel
House & Land Real Estate
Buyer's Agent
Carol Copelin
BHHS Keystone Properties
List Price
$495,000
Sold Price
$495,000
Current Estimated Value
$548,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,756
Avg. Annual Appreciation
1.11%
Original Mortgage
$371,625
Outstanding Balance
$337,054
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$182,673

Purchase Details

Closed on
Jun 18, 1996
Sold by
Sine Barry A and Sine Lois A Egberts
Bought by
Sefing Christopher A and Sefing Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.05%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 16, 1987
Bought by
Egberts Lois A
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
Anderson Andrew $495,500 First Service Abstract Inc
Sefing Christopher A $148,000 --
Egberts Lois A $39,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Andrew $371,625
Previous Owner Sefing Christopher A $229,000
Previous Owner Sefing Christopher A $240,000
Previous Owner Sefing Christopher A $50,000
Previous Owner Sefing Christopher A $190,000
Previous Owner Sefing Christopher A $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $495,000 0.0% $155 / Sq Ft
01/08/2021 01/08/21 Pending -- -- --
12/26/2020 12/26/20 For Sale $495,000 -- $155 / 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
2024 $5,929 $29,400 $5,760 $23,640
2023 $5,870 $29,400 $5,760 $23,640
2022 $5,771 $29,400 $5,760 $23,640
2021 $5,771 $29,400 $5,760 $23,640
2020 $5,771 $29,400 $5,760 $23,640
2019 $5,611 $29,400 $5,760 $23,640
2018 $5,416 $29,400 $5,760 $23,640
2017 $5,248 $29,400 $5,760 $23,640
2016 $5,248 $29,400 $5,760 $23,640
2015 -- $29,400 $5,760 $23,640
2014 -- $29,400 $5,760 $23,640
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Robert Gemmel

    House & Land Real Estate

    (857) 205-2778

    2 in this area

    29 Total Sales

    Section Image
  • Carol Copelin

    Buyer's Agent in 2021

    Carol Copelin

    BHHS Keystone Properties

    (267) 446-7306

    1 in this area

    62 Total Sales

    Section Image

  • J

    Buyer Co-Listing Agent in 2021

    Joshua Moser

    BHHS Keystone Properties

    (215) 855-1165

    4 in this area

    128 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: PABU517840

Bright MLS

APN: 23-005-011

Pennsylvania Bucks County Quakertown 18036 Milford-Quakertown

2750 Allentown Rd, Quakertown, PA

This home is located at 2750 Allentown Rd, Quakertown, PA 18951 since 26 December 2020 and is currently estimated at $555,318, approximately $173 per square foot. This property was built in 1900. 2750 Allentown Rd is a home located in Bucks County with nearby schools including Pfaff Elementary School, Quakertown Community Senior High School, and Providence Hybrid Academy.

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