$170,313
SOLD APR 3, 2017
-- Bed
-- Bath
2,012 Sq Ft
4,920 Sq Ft Lot

Recently Sold

$85 Per Sq Ft

7% Above List Price

1 Day on Market

Highlights

  • No HOA
  • Wall to Wall Carpet
  • 3-minute walk to Lenape Park
  • En-Suite Primary Bedroom
  • Heating System Uses Oil

About This Home

As of April 2017

What could be better than owning a twin duplex investment property in historic Perkasie Boro? A great way to start your ownership dreams by living in one unit and collecting rent in the other. Two charming one bedroom apartments within walking distance of shopping and parks. The welcoming covered front porch was recently renovated and the second floor unit has brand new carpeting and a cozy second floor balcony. The first floor apartment has a 14 x 14 Living room and a 12 x 12 bedroom, plus a huge bath and roomy 16 x 12 eat in kitchen, its own back porch and access to the basement and washer/dryer hook-up. The second floor apartment has a 14 x 14 living room, a 13 x 10 bedroom, an 11 x 10 kitchen and a very large walk-in closet plus walk-up attic storage. This unit has the POTENTIAL to become a very large two story, two bedroom apartment. You could utilize the available square footage and increase rental income by using the third floor as it was originally intended. The third floor is currently a large fully floored 10 x 9 storage room and huge 20 x 15 living space with two light filled dormers. This area needs some new drywall. Enjoy the passers by on the front porch or hold a cook-out in the backyard. Just a few blocks away is the center of Olde Towne Perkasie with restaurants and scenic shopping. This is your opportunity to become a resident or investor in a very special home town.

Last Agent to Sell the Property

Jean Bucksar

Long & Foster Real Estate, Inc. Listed on: 03/01/2017

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Megan Waits

Addison Wolfe Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,360

Year Built

  • Built in 1930

Lot Details

  • 4,920 Sq Ft Lot
  • Lot Dimensions are 30x164
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stone Foundation
  • Pitched Roof

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,012 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storage In Attic
  • Washer and Dryer Hookup

Flooring

  • Wall to Wall Carpet
  • Vinyl

Schools

  • Pennridge High School

Utilities

  • Heating System Uses Oil
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 231
  • Assessor Parcel Number 33-005-231

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $401
  • Maintenance Expense $552
  • Other Expense $30
  • Operating Expense $7,281

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,360

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Exclusions: First And Second Floor Refrigerators
  • New Construction: No
  • Other Expense: 30.00
  • Storage: Basement, Attic
  • Year Built: 1930
  • Remarks Public: What could be better than owning a twin duplex investment property in historic Perkasie Boro? A great way to start your ownership dreams by living in one unit and collecting rent in the other. Two charming one bedroom apartments within walking distance of shopping and parks. The welcoming covered front porch was recently renovated and the second floor unit has brand new carpeting and a cozy second floor balcony. The first floor apartment has a 14 x 14 Living room and a 12 x 12 bedroom, plus a huge bath and roomy 16 x 12 eat in kitchen, its own back porch and access to the basement and washer/dryer hook-up. The second floor apartment has a 14 x 14 living room, a 13 x 10 bedroom, an 11 x 10 kitchen and a very large walk-in closet plus walk-up attic storage. This unit has the POTENTIAL to become a very large two story, two bedroom apartment. You could utilize the available square footage and increase rental income by using the third floor as it was originally intended. The third floor is currently a large fully floored 10 x 9 storage room and huge 20 x 15 living space with two light filled dormers. This area needs some new drywall. Enjoy the passers by on the front porch or hold a cook-out in the backyard. Just a few blocks away is the center of Olde Towne Perkasie with restaurants and scenic shopping. This is your opportunity to become a resident or investor in a very special home town.
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace: No
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Hookup
  • Total Sq Ft: 2012
  • Living Area Sq Ft: 2012
  • Price Per Sq Ft: 79.47
  • Above Grade Finished Sq Ft: 2012
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 313

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Annual Heating Expense: 1304.00
  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1634.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PENNRIDGE
  • High School: PENNRIDGE
  • School District Key: 300200397141
  • High School: PENNRIDGE

Lot Info

  • Improvement Assessed Value: 16480.00
  • Land Assessed Value: 3920.00
  • Land Use Code: 1023
  • Lot Size Acres: 0.11
  • Lot Dimensions: 30X164
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4920.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: CZ

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 18600.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 155440
  • Tax Annual Amount: 3360.00
  • Assessor Parcel Number: 33-005-231
  • Tax Lot: 231
  • Tax Year: 2017
  • Close Date: 04/03/2017

MLS Schools

  • School District Name: PENNRIDGE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2024
Sold by
Farley Road Llc
Bought by
Knechel Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Outstanding Balance
$288,777
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$89,767

Purchase Details

Listed on
Mar 1, 2017
Closed on
Mar 29, 2017
Sold by
Farley Road Llc
Bought by
Ermel Donald
Seller's Agent
Jean Bucksar
Long & Foster Real Estate, Inc.
Buyer's Agent
Megan Waits
Addison Wolfe Real Estate
List Price
$159,900
Sold Price
$170,313
Premium/Discount to List
$10,413
6.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.13%

Purchase Details

Closed on
Nov 24, 1958
Bought by
Hartman Glenn H and Hartman Arlene D
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 Type Sale Price Title Company
Deed $325,000 First Service Abstract
Deed -- First Platinum Abstract Llc
Deed $170,313 None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $292,500 New Conventional
Previous Owner $161,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 For Sale $399,900 0.0% $199 / Sq Ft
05/11/2025 05/11/25 Price Changed $399,900 +134.8% $199 / Sq Ft
04/03/2017 04/03/17 Sold $170,313 +6.5% $85 / Sq Ft
03/02/2017 03/02/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $159,900 -- $79 / 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 $3,508 $20,400 $3,920 $16,480
2023 $3,467 $20,400 $3,920 $16,480
2022 $3,467 $20,400 $3,920 $16,480
2021 $3,406 $20,400 $3,920 $16,480
2020 $3,406 $20,400 $3,920 $16,480
2019 $3,385 $20,400 $3,920 $16,480
2018 $3,385 $20,400 $3,920 $16,480
2017 $3,360 $20,400 $3,920 $16,480
2016 $3,360 $20,400 $3,920 $16,480
2015 -- $20,400 $3,920 $16,480
2014 -- $20,400 $3,920 $16,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002607771

Bright MLS

APN: 33-005-231