NOT LISTED FOR SALE

Estimated Value: $458,000 - $513,576

-- Bed
2 Baths
2,048 Sq Ft
$237/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $435,000 $212 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,089/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Backs to Trees or Woods
  • Oak Park El School Rated A-
  • Stream or River on Lot
  • Eat-In Kitchen

About This Home

As of July 2022

Great investment property in Hatfield Borough. This property was actually built as a duplex (not a conversion). The 2 units each have 2 bedrooms, 1 bath, Living Room, large Eat-In Kitchen and each unit has its own private Basement with Laundry area and storage. Each unit has all separate utilities paid by the tenants. This property has been expertly maintained by the owners and has newer, large decks for each unit. Plenty of private off-street parking for the tenants on this large lot. The landlord takes care of lawn care and snow removal of the lot and sidewalks. The tenants are responsible for paying their water, sewer, electric, trash, recycling, pest control and snow removal of the walkway to front doors and around their cars. Each tenant has one (1) year leases starting 6/1/22 at $1,400/ month. This attractive property, with long term tenants, is an ideal investment property for your portfolio.

Last Agent to Sell the Property

Reeves Miller

BHHS Keystone Properties License #RM048821A Listed on: 06/07/2022

BHHS Keystone Properties

Last Buyer's Agent

Michael Gillis

RE/MAX 440 - Perkasie

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,239

Year Built

  • Built in 1991

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 60.00 x 0.00
  • Level Lot
  • Backs to Trees or Woods
  • Back, Front, and Side Yard
  • Property is in excellent condition

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Bathtub with Shower
  • 2,048 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Range Hood

Flooring

  • Carpet
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Private Parking
  • Parking Lot

Outdoor Features

  • Stream or River on Lot
  • Deck

Schools

  • North Penn Senior High School

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • Net Operating Income $27,784

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 09-00-01933-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,239

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: First floor unit - Washer, Dryer, Refrigerator Second floor unit - Washer, Dryer
  • Inclusions: 2nd Floor Refrigerator
  • New Construction: No
  • Year Built: 1991
  • Automatically Close On Close Date: Yes
  • Remarks Public: Great investment property in Hatfield Borough. This property was actually built as a duplex (not a conversion). The 2 units each have 2 bedrooms, 1 bath, Living Room, large Eat-In Kitchen and each unit has its own private Basement with Laundry area and storage. Each unit has all separate utilities paid by the tenants. This property has been expertly maintained by the owners and has newer, large decks for each unit. Plenty of private off-street parking for the tenants on this large lot. The landlord takes care of lawn care and snow removal of the lot and sidewalks. The tenants are responsible for paying their water, sewer, electric, trash, recycling, pest control and snow removal of the walkway to front doors and around their cars. Each tenant has one (1) year leases starting 6/1/22 at $1,400/ month. This attractive property, with long term tenants, is an ideal investment property for your portfolio.
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric, Range Hood
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Carpet, Combination Kitchen/Dining, Kitchen - Eat-In, Tub Shower
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Sump Pump, Unfinished
  • Total Sq Ft: 2048
  • Living Area Sq Ft: 2048
  • Price Per Sq Ft: 212.40
  • Above Grade Finished Sq Ft: 2048
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 328

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Brick
  • Road Surface Type: Black Top
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway, Private
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Cable

Schools

  • School District: NORTH PENN
  • High School: NORTH PENN SENIOR
  • High School Source: Listing Agent
  • School District Key: 300200397039
  • School District Source: Listing Agent
  • High School: NORTH PENN SENIOR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1132
  • Lot Features: Backs To Trees, Front Yard, Level, Rear Yard, Sideyard(s), Stream/Creek
  • Lot Size Acres: 0.68
  • Lot Dimensions: 60.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 29669.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL

Rental Info

  • Rent Control: No
  • Total Actual Rent: 33600.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 604204
  • School Tax: 4168.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 5239.00
  • Assessor Parcel Number: 09-00-01933-002
  • Tax Lot: 19
  • Tax Total Finished Sq Ft: 2048
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 07/22/2022

Multi Family

  • Gross Income: 33600.00
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: NORTH PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Jul 22, 2022
Sold by
Landis Jon B
Bought by
Rosanelli Anthony J and Rosanelli Kyle L
Seller's Agent
Reeves Miller
BHHS Keystone Properties
Buyer's Agent
Michael Gillis
RE/MAX 440 - Perkasie
List Price
$435,000
Sold Price
$435,000
Current Estimated Value
$477,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,626
Avg. Annual Appreciation
3.70%

Purchase Details

Closed on
Dec 13, 2010
Sold by
Bonenberger Janet Lynn
Bought by
Landis Jon B and Landis Susan J

Purchase Details

Closed on
Nov 5, 2008
Sold by
Bonenberger Janet Lynn and Bonenberger William J
Bought by
Bonenberger Janet Lynn
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
Rosanelli Anthony J $435,000 None Listed On Document
Landis Jon B $275,000 None Available
Bonenberger Janet Lynn -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $435,000 0.0% $212 / Sq Ft
06/10/2022 06/10/22 Pending -- -- --
06/07/2022 06/07/22 For Sale $435,000 -- $212 / 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 $5,682 $149,260 $45,100 $104,160
2023 $5,425 $149,260 $45,100 $104,160
2022 $5,239 $149,260 $45,100 $104,160
2021 $4,932 $149,260 $45,100 $104,160
2020 $4,768 $149,260 $45,100 $104,160
2019 $4,680 $149,260 $45,100 $104,160
2018 $873 $149,260 $45,100 $104,160
2017 $4,483 $149,260 $45,100 $104,160
2016 $4,425 $149,260 $45,100 $104,160
2015 $4,079 $149,260 $45,100 $104,160
2014 $4,079 $149,260 $45,100 $104,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2041512

Bright MLS

APN: 09-00-01933-002