Seller's Agent in 2020
John Pignatelli
Re/Max Centre Realtors
(267) 767-8677
54 Total Sales
32 Penn Ave Souderton, PA 18964
Estimated Value: $278,346 - $353,000
--
Bed
2
Baths
1,330
Sq Ft
$236/Sq Ft
Est. Value
Highlights
- Second Kitchen
- Dual Staircase
- Main Floor Bedroom
- West Broad Street Elementary School Rated A
- Traditional Floor Plan
- No HOA
About This Home
As of August 2020REDUCED!!! Calling all investors or first time buyers! Unbelievable Opportunity! Charming Multi-family Duplex in the Heart of Souderton Boro close to major routes, transportation and shopping. Two units! This Duplex includes a First Floor, One Bedroom Unit with Large bedroom, Living Room, Kitchen and Bathroom with shower. This unit boasts Brand new carpeting and new windows. Enter this unit through the Main hallway with new pergo flooring or use the Back yard outside deck access. Also has basement access from within the unit for tenants own Laundry and tons of storage! The One Bedroom Unit is currently empty and available for lease or owner occupant! Enter the Second floor unit from the Main Hallway. This two story (Second and Third floor) Two bedroom Unit also has rear outside access from the deck with all new step treads and Railings. 2nd floor Unit Boasts a Large Full kitchen with ample cabinets and a Full Bathroom with Tub/shower. There is a Large living room off the kitchen and two comfortable bedrooms on the third floor. Unit is currently occupied on a month to month lease by long term tennant. Rent currently below market. This unit also has basement access for tenant laundry and private storage room! This is a Great Opportunity to live in one and rent the other, or to start or add to your investment portfolio. Both Units/Tenants pay for their own electric and gas (Separately metered) and their own heat and cable. Landlord pays trash, water and sewer. Newer Architectural Roof and Gas Heater for 2nd floor! Great Income Producer. Quick settlement possible. ***PRIVATE SHOWINGS ARE NOW AVAILABLE***
Last Agent to Sell the Property
RE/MAX Centre Realtors License #2320844 Listed on: 03/23/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,636
Year Built
- Built in 1896
Lot Details
- 2,700 Sq Ft Lot
- Lot Dimensions are 18.00 x 0.00
- Property is in average condition
Home Design
- Duplex
- Dwelling with Rental
- Converted Dwelling
- Brick Exterior Construction
- Architectural Shingle Roof
Interior Spaces
- 1,330 Sq Ft Home
- Traditional Floor Plan
- Dual Staircase
- Ceiling Fan
- Family Room Off Kitchen
- Combination Kitchen and Dining Room
- Carpet
- Basement Fills Entire Space Under The House
- Second Kitchen
Bedrooms and Bathrooms
- Main Floor Bedroom
- Bathtub with Shower
- Walk-in Shower
Parking
- Alley Access
- On-Street Parking
Schools
- Souderton High School
Utilities
- Forced Air Heating System
- Natural Gas Water Heater
Listing and Financial Details
- The owner pays for insurance, real estate taxes, trash collection, water, sewer, common area maintenance
- Tax Lot 024
- Assessor Parcel Number 21-00-05732-007
Community Details
Overview
- No Home Owners Association
- 2 Units
- 3-Story Building
Building Details
- 1 Vacant Unit
- Operating Expense $7,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 23, 2020
Closed on
Aug 5, 2020
Sold by
Atlantis Asset Management Llc
Bought by
Lapp Jacob
Seller's Agent
John Pignatelli
RE/MAX Centre Realtors
Buyer's Agent
Chris Hennessy
EXP Realty, LLC
List Price
$239,900
Sold Price
$204,250
Premium/Discount to List
-$35,650
-14.86%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,087
Avg. Annual Appreciation
8.83%
Original Mortgage
$173,612
Outstanding Balance
$154,069
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$159,268
Purchase Details
Closed on
Nov 18, 2004
Sold by
Not Provided
Bought by
Not Provided
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 8, 2004
Sold by
Not Provided
Bought by
Not Provided
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.75%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lapp Jacob | $204,250 | None Available | |
| Not Provided | $149,000 | -- | |
| Not Provided | $149,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lapp Jacob | $173,612 | |
| Previous Owner | Atlantis Asset Management Llc | $136,000 | |
| Previous Owner | Koch Lydia | $10,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2020 08/07/20 | Sold | $204,250 | -9.2% | $154 / Sq Ft |
| 07/07/2020 07/07/20 | Pending | -- | -- | -- |
| 06/18/2020 06/18/20 | Price Changed | $225,000 | -5.9% | $169 / Sq Ft |
| 05/28/2020 05/28/20 | Price Changed | $239,000 | -0.4% | $180 / Sq Ft |
| 04/07/2020 04/07/20 | For Sale | $239,900 | +17.5% | $180 / Sq Ft |
| 03/23/2020 03/23/20 | Off Market | $204,250 | -- | -- |
| 03/23/2020 03/23/20 | For Sale | $239,900 | 0.0% | $180 / Sq Ft |
| 03/04/2020 03/04/20 | Price Changed | $239,900 | -- | $180 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $4,110 | $91,010 | $42,640 | $48,370 |
| 2024 | $4,110 | $91,010 | $42,640 | $48,370 |
| 2023 | $3,864 | $91,010 | $42,640 | $48,370 |
| 2022 | $3,758 | $91,010 | $42,640 | $48,370 |
| 2021 | $3,667 | $91,010 | $42,640 | $48,370 |
| 2020 | $3,611 | $91,010 | $42,640 | $48,370 |
| 2019 | $3,572 | $91,010 | $42,640 | $48,370 |
| 2018 | $851 | $91,010 | $42,640 | $48,370 |
| 2017 | $3,471 | $91,010 | $42,640 | $48,370 |
| 2016 | $3,435 | $91,010 | $42,640 | $48,370 |
| 2015 | $3,374 | $91,010 | $42,640 | $48,370 |
| 2014 | $3,374 | $91,010 | $42,640 | $48,370 |
Source: Public Records
Agents Affiliated with this Home
-
John Pignatelli
-
David Woeger
Seller Co-Listing Agent in 2020
David Woeger
Re/Max Centre Realtors
(215) 696-3616
1 in this area
48 Total Sales
-
Chris Hennessy
Buyer's Agent in 2020
Chris Hennessy
EXP Realty, LLC
(215) 313-8309
33 in this area
203 Total Sales
Map
Source: Bright MLS
MLS Number: PAMC641010
APN: 21-00-05732-007
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