NOT LISTED FOR SALE

Estimated Value: $284,000 - $363,514

-- Bed
4 Baths
2,476 Sq Ft
$132/Sq Ft Est. Value

Last Sold September 14, 2021

Last sale price $260,000 $105 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,117/month

2 Days on Market

Highlights

  • Colonial Architecture
  • Corner Lot
  • Forced Air Heating System
  • Deck
  • No HOA

About This Home

As of September 2021

Solid income producing 4-unit *Investment Opportunity!* in very good condition. Join the Pottstown revitalization and transformation taking place right now in the borough! Fully occupied with tenants in all 4 units. Each spacious unit features a living room, 1 bedroom, kitchen and full bathroom. Corner property in a great location 2 blocks from The Hills School. Adjoins newer constructed homes (2005/2006) on both sides. Tenant pays electric and gas for hot water and cooking; landlord pays for heat and water, sewer & trash removal. Yields a great income stream.

Last Agent to Sell the Property

Karen Dougherty

Coldwell Banker Realty Listed on: 07/19/2021

Coldwell Banker Realty

Last Buyer's Agent

MELISSA FRILING

Zoom Realty, LLC License #RM424231

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,870

Year Built

  • Built in 1910

Lot Details

  • 4,645 Sq Ft Lot
  • Lot Dimensions are 39.00 x 0.00
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Colonial Architecture
  • Stucco

Interior Spaces

  • 2,476 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Gas Oven or Range

Outdoor Features

  • Deck

Schools

  • Edgewood Elementary School
  • Pottstown Middle School
  • Pottstown Senior High School

Utilities

  • Forced Air Heating System
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for heat, gas, trash collection, water, sewer
  • Tax Lot 005
  • Assessor Parcel Number 16-00-11708-003

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Income includes apartment rentals
  • Operating Expense $8,240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,870

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenant's personal property.
  • Inclusions: Refrigerators (4) As-is condition.
  • New Construction: No
  • Expected On Market: 2021-07-19
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2476
  • Living Area Sq Ft: 2476
  • Price Per Sq Ft: 100.97
  • Above Grade Finished Sq Ft: 2476
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 303

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Monthly Average Electric: 34
  • Previous Twelve Months Electric Expense: 405.00
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Monthly Water Average: 44
  • Water Previous Twelve Months: 527.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: POTTSTOWN
  • Elementary School: EDGEWOOD
  • Middle School: POTTSTOWN
  • High School: POTTSTOWN SENIOR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397038
  • School District Source: Listing Agent
  • Elementary School: EDGEWOOD
  • High School: POTTSTOWN SENIOR
  • Middle Or Junior School: POTTSTOWN

Lot Info

  • Land Use Code: 1136
  • Lot Features: Corner
  • Lot Size Acres: 0.11
  • Lot Dimensions: 39.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4645.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month, Long Term
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Heat, Gas, Trash Collection, Water, Sewer
  • Total Actual Rent: 34200.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • School Tax: 2753.00
  • Tax Annual Amount: 3870.00
  • Assessor Parcel Number: 16-00-11708-003
  • Tax Lot: 005
  • Tax Total Finished Sq Ft: 2476
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 09/14/2021

Multi Family

  • Income Includes: Apartment Rentals
  • Operating Expense: 8240.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: POTTSTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2021
Closed on
Aug 24, 2021
Sold by
Cermanski Steven M and Cermanski Lisa M
Bought by
Ansley Property Holdings Llc
Seller's Agent
Karen Dougherty
Coldwell Banker Realty
Buyer's Agent
MELISSA FRILING
Zoom Realty, LLC
List Price
$250,000
Sold Price
$260,000
Premium/Discount to List
$10,000
4%
Current Estimated Value
$327,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,629
Avg. Annual Appreciation
6.04%
Original Mortgage
$187,500
Outstanding Balance
$170,983
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$156,646

Purchase Details

Closed on
Jul 28, 2006
Sold by
Kratz Robert S and Decampli Robert
Bought by
Cermanski Steven M and Cermanski Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,100
Interest Rate
6.8%

Purchase Details

Closed on
Oct 6, 2004
Sold by
Kratz Robert S and Decampli Robert
Bought by
Kratz Robert S and Decampli Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
5.8%

Purchase Details

Closed on
Oct 10, 2003
Sold by
Coulston William J
Bought by
Kratz Robert S and Decampli Robert

Purchase Details

Closed on
May 9, 2003
Sold by
Coulston Gina M and Coulston William J
Bought by
Coulston William J

Purchase Details

Closed on
Oct 21, 1997
Sold by
Coulston William J and Coulston William J
Bought by
Coulston William J and Coulston Gina M
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
Ansley Property Holdings Llc $260,000 None Available
Cermanski Steven M $172,500 None Available
Kratz Robert S -- --
Kratz Robert S $120,000 --
Coulston William J -- --
Coulston William J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ansley Property Holdings Llc $187,500
Closed Ansley Property Holdings Llc $187,500
Previous Owner Cermanski Steven M $112,100
Previous Owner Decampli Robert P $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2021 09/14/21 Sold $260,000 +4.0% $105 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $250,000 -- $101 / 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 $3,989 $65,000 $24,810 $40,190
2024 $3,989 $65,000 $24,810 $40,190
2023 $3,934 $65,000 $24,810 $40,190
2022 $3,915 $65,000 $24,810 $40,190
2021 $3,870 $65,000 $24,810 $40,190
2020 $3,802 $65,000 $24,810 $40,190
2019 $3,715 $65,000 $24,810 $40,190
2018 $2,641 $65,000 $24,810 $40,190
2017 $3,474 $65,000 $24,810 $40,190
2016 $3,448 $65,000 $24,810 $40,190
2015 $3,446 $65,000 $24,810 $40,190
2014 $3,426 $65,000 $24,810 $40,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2004434

Bright MLS

APN: 16-00-11708-003