NOT LISTED FOR SALE

32 E Reliance Rd Souderton, PA 18964

Estimated Value: $322,000 - $393,771

-- Bed
2 Baths
1,554 Sq Ft
$227/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $245,000 $158 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,265/month

Highlights

  • Colonial Architecture
  • Deck
  • Porch
  • West Broad Street Elementary School Rated A
  • No HOA
  • Outdoor Storage

About This Home

As of December 2019

This duplex is the perfect investment opportunity with options to live in one unit and rent the other or rent both units. The covered front porch leads to the first floor unit consisting of a large dining room, living room, one bedroom, one bath and an updated galley kitchen. This unit also offers central air, private laundry, access to the basement and off street parking. The second unit is located on the second and third floors . As you enter into the living room you will notice the built in shelving and the open floor plan between the kitchen and living room. The updated kitchen has French doors leading out to its own private rear deck. This floor also consists of the first bedroom which would also make a great home office, den/study or kids play room. The second bedroom is located on the third floor along with the full hall bathroom and separate laundry room. This unit also offers central air, an extra storage area and off street parking.All this with a convenient location close to schools, parks, shopping and public transportation

Last Agent to Sell the Property

Daryl Radcliff

(267) 228-5351 darylradcliff1@gmail.com RE/MAX Reliance Listed on: 10/23/2019

RE/MAX Reliance

Last Buyer's Agent

Michael Antonucci

(267) 664-5376 mantonucci@remax440.com RE/MAX 440 - Perkasie License #RS329615

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,131

Year Built

  • Built in 1900

Lot Details

  • 6,475 Sq Ft Lot
  • Lot Dimensions are 35.00 x 0.00

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for heat, insurance, sewer, real estate taxes, trash collection, water
  • Tax Lot 032
  • Assessor Parcel Number 21-00-06276-003

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $850
  • Maintenance Expense $780
  • Trash Expense $320
  • Operating Expense $3,362
  • Net Operating Income $18,588

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,131

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: This duplex is the perfect investment opportunity with options to live in one unit and rent the other or rent both units. The covered front porch leads to the first floor unit consisting of a large dining room, living room, one bedroom, one bath and an updated galley kitchen. This unit also offers central air, private laundry, access to the basement and off street parking. The second unit is located on the second and third floors . As you enter into the living room you will notice the built in shelving and the open floor plan between the kitchen and living room. The updated kitchen has French doors leading out to its own private rear deck. This floor also consists of the first bedroom which would also make a great home office, den/study or kids play room. The second bedroom is located on the third floor along with the full hall bathroom and separate laundry room. This unit also offers central air, an extra storage area and off street parking.All this with a convenient location close to schools, parks, shopping and public transportation
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3108
  • Living Area Sq Ft: 1554
  • Price Per Sq Ft: 157.66
  • Above Grade Finished Sq Ft: 1554
  • Above Grade Unfinished Sq Ft: 1554
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 32

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Secure Storage, Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Oil Avg Month: 116.67
  • Heating Oil Prev12 Months: 1400.00
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 35
  • Water Previous Twelve Months: 420.00
  • Water Source: Public
  • Municipal Trash: Yes

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: 0.15
  • Lot Dimensions: 35.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6475.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Year Assessed: 2020
  • Zoning: GA

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Heat, Insurance, Sewer, Taxes - Real Estate, Trash Collection, Water
  • Total Actual Rent: 22800.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 639798
  • School Tax: 3169.00
  • Tax Annual Amount: 4131.00
  • Assessor Parcel Number: 21-00-06276-003
  • Tax Lot: 032
  • Tax Total Finished Sq Ft: 1554
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2020
  • Close Date: 12/06/2019

Multi Family

  • Gross Income: 22800.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 3362.00

MLS Schools

  • School District Name: SOUDERTON AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2019
Closed on
Dec 6, 2019
Sold by
G2 Holdings Llc
Bought by
Halnon Charles
Seller's Agent
Daryl Radcliff
RE/MAX Reliance
Buyer's Agent
Michael Antonucci
RE/MAX 440 - Perkasie
List Price
$245,000
Sold Price
$245,000
Current Estimated Value
$353,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,193
Avg. Annual Appreciation
6.43%
Original Mortgage
$196,000
Outstanding Balance
$173,140
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$180,053

Purchase Details

Listed on
Sep 16, 2014
Closed on
Dec 2, 2014
Sold by
Henry Mark D and Vogel Marian L
Bought by
G2 Holdings Llc
Seller's Agent
SUSAN HUSKEY
Sanford Alderfer Real Estate
Buyer's Agent
SUSAN HUSKEY
Sanford Alderfer Real Estate
List Price
$225,000
Sold Price
$183,700
Premium/Discount to List
-$41,300
-18.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
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
Halnon Charles $245,000 None Available
G2 Holdings Llc $183,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Halnon Charles $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2019 12/06/19 Sold $245,000 0.0% $158 / Sq Ft
10/23/2019 10/23/19 For Sale $245,000 +33.4% $158 / Sq Ft
12/19/2014 12/19/14 Sold $183,700 -18.4% $118 / Sq Ft View Prior Sale
11/04/2014 11/04/14 Pending -- -- --
09/16/2014 09/16/14 For Sale $225,000 -- $145 / 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 $4,703 $104,120 $41,620 $62,500
2024 $4,703 $104,120 $41,620 $62,500
2023 $4,422 $104,120 $41,620 $62,500
2022 $4,300 $104,120 $41,620 $62,500
2021 $4,195 $104,120 $41,620 $62,500
2020 $4,131 $104,120 $41,620 $62,500
2019 $4,087 $104,120 $41,620 $62,500
2018 $975 $104,120 $41,620 $62,500
2017 $3,971 $104,120 $41,620 $62,500
2016 $3,931 $104,120 $41,620 $62,500
2015 $3,860 $104,120 $41,620 $62,500
2014 $3,860 $104,120 $41,620 $62,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC629408

Bright MLS

APN: 21-00-06276-003