NOT LISTED FOR SALE

34 S 3rd St Quakertown, PA 18951

Estimated Value: $337,000 - $398,000

-- Bed
5 Baths
2,066 Sq Ft
$174/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $286,000 $138 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,250/month

38 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Electric Baseboard Heater
  • No HOA
  • Parking Storage or Cabinetry

About This Home

As of October 2021

Public Auction being held on September 15 2021 @ 4:00pm. Triplex conveniently located walking distance from downtown Broad St. Colonial home containing three individual apartments - 2-bedroom, 1-bedroom, efficiency and 2-car garage with storage. Two units and garage occupied. Each unit is supplied with their own electric service for heat, hot water and electric. The apartments are nicely finished in good condition. House is sided and capped, replacement windows throughout and roof replaced/repaired after 2011. Outside porches contain composite flooring.

2-bay garage is spacious and provides added rental income. Excellent opportunity to own a great investment property; and with the 2-bedroom unit unoccupied, a great owner-occupied option. Rental income: $895 for one bedroom; $525 for efficiency, $300 for garage, and potential $1,100-$1,200 for two bedroom. Owner pays common area electric, trash, landscaping and snow removal.

Last Agent to Sell the Property

Sherry Russell

Alderfer Auction & Realty License #RS357978 Listed on: 08/10/2021

Last Buyer's Agent

Stacey DeLong

Iron Valley Real Estate Legacy License #RS327245

Iron Valley Real Estate Legacy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,006

Year Built

  • Built in 1927

Lot Details

  • 6,320 Sq Ft Lot
  • Lot Dimensions are 40.00 x 158.00
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Alley Access
  • Side Facing Garage
  • On-Street Parking

Home Design

  • 2,066 Sq Ft Home
  • Triplex
  • Colonial Architecture
  • Frame Construction

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for common area maintenance, heater maintenance contract, insurance, lawn/shrub care, management, pest control, repairs, sewer maintenance, snow removal, real estate taxes
  • Tax Lot 242
  • Assessor Parcel Number 35-008-242

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,006

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: All items owned by tenants are personal property
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1927
  • Automatically Close On Close Date: No
  • Remarks Public: Public Auction being held on September 15 2021 @ 4:00pm. Triplex conveniently located walking distance from downtown Broad St. Colonial home containing three individual apartments - 2-bedroom, 1-bedroom, efficiency and 2-car garage with storage. Two units and garage occupied. Each unit is supplied with their own electric service for heat, hot water and electric. The apartments are nicely finished in good condition. House is sided and capped, replacement windows throughout and roof replaced/repaired after 2011. Outside porches contain composite flooring. 2-bay garage is spacious and provides added rental income. Excellent opportunity to own a great investment property; and with the 2-bedroom unit unoccupied, a great owner-occupied option. Rental income: $895 for one bedroom; $525 for efficiency, $300 for garage, and potential $1,100-$1,200 for two bedroom. Owner pays common area electric, trash, landscaping and snow removal.
  • Special Features: 4160

Interior Features

  • Fireplace: No
  • Total Sq Ft: 2066
  • Living Area Sq Ft: 2066
  • Price Per Sq Ft: 133.11
  • Above Grade Finished Sq Ft: 2066
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 34

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage - Side Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Detached Garage, Alley

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: QUAKERTOWN COMMUNITY
  • School District Key: 300200397165
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 17690.00
  • Land Assessed Value: 2760.00
  • Land Use Code: 1001
  • Lot Size Acres: 0.15
  • Lot Dimensions: 40.00 x 158.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6320.00
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: R4

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 3
  • Owner Pays: Common Area Maintenance, Heater Maintenance Contract, Insurance, Lawn/Shrub Care, Management, Pest Control, Repairs, Sewer Maintenance, Snow Removal, Taxes - Real Estate
  • Rent Control: No
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 164522
  • School Tax: 3453.00
  • Tax Annual Amount: 4006.00
  • Assessor Parcel Number: 35-008-242
  • Tax Lot: 242
  • Tax Total Finished Sq Ft: 2066
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 10/29/2021

Multi Family

  • Number Of Units Vacant: 1
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Single Room Units Count: 1

MLS Schools

  • School District Name: QUAKERTOWN COMMUNITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Oct 27, 2021
Sold by
Miller Gary W and Miller Melissa A
Bought by
Delong Ethan
Seller's Agent
Sherry Russell
Alderfer Auction & Realty
Buyer's Agent
Stacey DeLong
Iron Valley Real Estate Legacy
List Price
$275,000
Sold Price
$286,000
Premium/Discount to List
$11,000
4%
Total Days on Market
38
Current Estimated Value
$359,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,294
Avg. Annual Appreciation
5.47%
Original Mortgage
$214,500
Outstanding Balance
$174,034
Interest Rate
2.28%
Mortgage Type
New Conventional
Estimated Equity
$172,376

Purchase Details

Closed on
Apr 28, 1999
Sold by
Wilt Lamar G and Wilt Doris M
Bought by
Miller Gary W and Miller Melissa A

Purchase Details

Closed on
Oct 5, 1987
Bought by
Wilt Lamar G and Wilt Doris M
Source: Public Records

Range of Values:

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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
Delong Ethan $286,000 Greater Montgomery Stlmt Svc
Miller Gary W $132,000 --
Wilt Lamar G $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delong Ethan $214,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $286,000 +4.0% $138 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $275,000 -- $133 / 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 $4,116 $20,450 $2,760 $17,690
2023 $4,075 $20,450 $2,760 $17,690
2022 $4,006 $20,450 $2,760 $17,690
2021 $4,006 $20,450 $2,760 $17,690
2020 $4,006 $20,450 $2,760 $17,690
2019 $3,895 $20,450 $2,760 $17,690
2018 $3,760 $20,450 $2,760 $17,690
2017 $3,643 $20,450 $2,760 $17,690
2016 $3,643 $20,450 $2,760 $17,690
2015 -- $20,450 $2,760 $17,690
2014 -- $20,450 $2,760 $17,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2005138

Bright MLS

APN: 35-008-242