NOT LISTED FOR SALE
Studio
3 Baths
6,513 Sq Ft
10,019 Sq Ft Lot

Sale Details

Date Sold: January 24, 2025

Last sale price $830,000 $127 Per Sq Ft

2 Days on Market

Highlights

  • Wood Flooring
  • Victorian Architecture
  • Ceiling Fan
  • Spring-Ford Middle School 8th Grade Center Rated A
  • 2 Detached Carport Spaces
  • Hot Water Heating System

About This Home

As of January 2025

****OFFERS DUE MONDAY, 16TH at 3pm******
A Rare Investment Opportunity! Welcome to 329 & 331 Walnut St, a unique offering in Spring City featuring two classic twin Victorian duplexes and a charming single carriage home. This portfolio includes five fully-occupied rental units on two separate parcels, perfect for investors seeking steady income with potential for growth. 329 Walnut St:
*Unit 1: Cozy 1-bedroom, 1-bath first-floor apartment.
*Unit 2: Spacious 3-bedroom, 1-bath upper-level unit.
*Bonus: A rustic 3-bedroom, 2-bath carriage home sits behind this property, boasting an enclosed porch, a new large deck overlooking a fenced yard, and covered off-street parking. 331 Walnut St:
*Unit 1: A 2-bedroom, 1-bath first-floor unit with a private side entrance, beautiful hardwood floors, and an updated kitchen.
*Unit 2: A comfortable 3-bedroom, 1-bath upper-level apartment. Additional highlights:
Shared outdoor spaces: Relax on the front porches or enjoy the common side yard next to 329 Walnut.
Convenient amenities: All units include replacement windows, refrigerators, and microwaves. First-floor units and the carriage home also feature washers and dryers.
Stable occupancy: Long-term tenants in place with some rents below market value, offering room for increased revenue.
Located in the desirable Spring-Ford School District and within walking distance to the park, this property combines historic charm with modern-day appeal. It’s been a fantastic income producer for the current owners and is ready for its next chapter. Property is being sold with MLS # PACT2086722. Don’t miss this rare find—schedule your showing today!

Last Agent to Sell the Property

Richelle Deane

(484) 902-8880 Richelle@RichelleDeane.com Realty One Group Restore - Collegeville License #RS318417 Listed on: 12/13/2024

Realty One Group Restore - Collegeville

Last Buyer's Agent

Michael Ballato

(484) 800-1777 operations@vrarealty.com VRA Realty

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,535

Year Built

  • Built in 1900

Lot Details

  • 10,019 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Triplex
  • Victorian Architecture
  • Bungalow
  • Converted Dwelling
  • Flat Roof Shape
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 6,513 Sq Ft Home
  • Ceiling Fan
  • Replacement Windows
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven or Range
  • Microwave

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Detached Carport Spaces
  • On-Street Parking

Schools

  • Spring-Ford Senior High School

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • 3 Units
  • 3-Story Building

Listing and Financial Details

  • The owner pays for insurance, sewer, real estate taxes, trash collection, water
  • Tax Lot 0077
  • Assessor Parcel Number 14-06 -0077

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,535

Year Built

Built in 1900

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Architectural Style: Converted Dwelling, Victorian, Bungalow
  • Ownership: Fee Simple
  • Exclusions: Tenants personal property
  • Historic: No
  • Inclusions: All Appliances
  • New Construction: No
  • Expected On Market: 2024-12-13
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Oven/Range - Electric, Refrigerator
  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Replacement
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 6513
  • Living Area Sq Ft: 6513
  • Price Per Sq Ft: 126.67
  • Above Grade Finished Sq Ft: 6513
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat, Pitched, Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Number Of Detached Carport Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Detached Carport

Utilities

  • Central Air Conditioning: No
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: SPRING-FORD SENIOR

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10018.80
  • Property Condition: Very Good
  • Zoning: R2
  • Zoning Description: Residential

Rental Info

  • Existing Lease Type: Yearly, Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 4
  • Owner Pays: Insurance, Sewer, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
  • Total Actual Rent: 79200.00
  • Units Leased Count: 5
  • Vacation Rental: No

Tax Info

  • School Tax: 4208.00
  • Tax Annual Amount: 5535.00
  • Assessor Parcel Number: 14-06 -0077
  • Tax Lot: 0077
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

MLS Schools

  • School District Name: SPRING-FORD AREA

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2024
Closed on
Jan 24, 2025
Sold by
Walnut Street Estates Llc
Bought by
Seller's Agent
Richelle Deane
Realty One Group Restore - Collegeville
Buyer's Agent
Michael Ballato
VRA Realty
List Price
$825,000
Sold Price
$830,000
Premium/Discount to List
$5,000
0.61%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,500
Outstanding Balance
$612,693
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 3, 2013
Closed on
Sep 24, 2013
Sold by
Plummer Linda C
Bought by
Walnut Street Estates Llc
Seller's Agent
Chaundra Santangelo
Springer Realty Group
Buyer's Agent
Richelle Deane
Realty One Group Restore - Collegeville
List Price
$475,000
Sold Price
$282,000
Premium/Discount to List
-$193,000
-40.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.00%
Original Mortgage
$329,600
Interest Rate
4.53%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 1, 1995
Sold by
Hakun Jay C and Keenan Kathleen
Bought by
Plummer Linda C
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$380,000 Meridian Land Settlement Servi
Walnut Street Estates Llc $412,000 American Land Title Agency
Plummer Linda C -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $622,500
Previous Owner Walnut Street Estates Llc $500,000
Previous Owner Walnut Street Estates Llc $329,600
Previous Owner Plummer Linda C $20,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2025 01/24/25 Sold $830,000 +0.6% $127 / Sq Ft
12/16/2024 12/16/24 Pending -- -- --
12/13/2024 12/13/24 For Sale $825,000 +192.6% $127 / Sq Ft
09/30/2013 09/30/13 Sold $282,000 -40.6% $75 / Sq Ft View Prior Sale
08/19/2013 08/19/13 Pending -- -- --
07/03/2013 07/03/13 For Sale $475,000 -- $126 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $619 $138,980 $29,930 $109,050
2025 $5,535 $136,310 $29,930 $106,380
2024 $5,535 $136,310 $29,930 $106,380
2023 $5,371 $136,310 $29,930 $106,380
2022 $5,244 $136,310 $29,930 $106,380
2021 $5,169 $136,310 $29,930 $106,380
2020 $5,008 $136,310 $29,930 $106,380
2019 $4,902 $136,310 $29,930 $106,380
2018 $4,769 $136,310 $29,930 $106,380
2017 $4,769 $136,310 $29,930 $106,380
2016 $540 $136,310 $29,930 $106,380
2015 $540 $136,310 $29,930 $106,380
2014 $540 $136,310 $29,930 $106,380
Source: Public Records

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Map

Source: Bright MLS

MLS Number: PACT2086442

Bright MLS

APN: 1406 00770000

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