NOT LISTED FOR SALE

3402 New Holland Rd Mohnton, PA 19540

Estimated Value: $300,000 - $493,000

-- Bed
2 Baths
1,830 Sq Ft
$198/Sq Ft Est. Value

Last Sold December 14, 2021

Last sale price $181,000 $99 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,744/month

76 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • 2 Car Detached Garage
  • Wood Flooring
  • No HOA
  • Patio

About This Home

As of December 2021

Great opportunity to own this beautiful piece of Real Estate of 1.1 acres. The main building has 2 units, Currently rented at $ 775 each The property has also large parking lot, and a 3 large garages with loft on the top, projected rental $725. perfect property for e mechanic shop, or a landscaper. The property can be purchased by it self, or along together with the adjacent property 3424 New Holland as a package deal to take the full advantage of the full parking lot (15-20 car lot ) along with 3 more car garages and the other 2 units on the property of 0.72 acres.

Last Agent to Sell the Property

Angelo Giannotti

RE/MAX Of Reading License #RS-271069 Listed on: 08/03/2021

RE/MAX Of Reading

Last Buyer's Agent

Daniel Martin

Horning Farm Agency Inc License #328448

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,688

Year Built

  • Built in 1920

Lot Details

  • 1.1 Acre Lot
  • Rural Setting
  • Property is in average condition

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry

Home Design

  • Duplex
  • Colonial Architecture
  • Stone Foundation
  • Masonry

Interior Spaces

  • 1,830 Sq Ft Home
  • 1 Fireplace
  • Wood Flooring
  • Unfinished Basement

Outdoor Features

  • Patio

Utilities

  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • 100 Amp Service
  • Well
  • Septic Less Than The Number Of Bedrooms

Community Details

  • No Home Owners Association
  • Angelica Woods Subdivision

Listing and Financial Details

  • Tax Lot 5427
  • Assessor Parcel Number 39-5304-03-13-5427

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,688

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Remarks Public: Great opportunity to own this beautiful piece of Real Estate of 1.1 acres. The main building has 2 units, Currently rented at $ 775 each The property has also large parking lot, and a 3 large garages with loft on the top, projected rental $725. perfect property for e mechanic shop, or a landscaper. The property can be purchased by it self, or along together with the adjacent property 3424 New Holland as a package deal to take the full advantage of the full parking lot (15-20 car lot ) along with 3 more car garages and the other 2 units on the property of 0.72 acres.
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood
  • Fireplaces Count: 1
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1830
  • Living Area Sq Ft: 1830
  • Price Per Sq Ft: 114.48
  • Above Grade Finished Sq Ft: 1830
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3402

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Road Surface Type: Black Top
  • Spa: No
  • 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
  • Parking Features: Private
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Hot Water & Baseboard - Electric
  • Heating: Yes
  • Sewer/Septic System: Septic < # Of Br
  • Water Source: Well

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: GOVERNOR MIFFLIN
  • School District Key: 300200397317
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 39800.00
  • Land Assessed Value: 45500.00
  • Land Use Code: 111
  • Lot Size Acres: 1.10
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 47916.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Average
  • Soil Types: Unknown
  • Year Assessed: 2021
  • Zoning: MULTI USE

Rental Info

  • Rent Control: No
  • Total Actual Rent: 23100.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1496781
  • School Tax: 2482.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3688.00
  • Assessor Parcel Number: 39-5304-03-13-5427
  • Tax Lot: 5427
  • Tax Total Finished Sq Ft: 1830
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 12/14/2021

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: GOVERNOR MIFFLIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2021
Closed on
Dec 14, 2021
Sold by
Rus Teofil
Bought by
Rock Run Rentals Llc
Seller's Agent
Angelo Giannotti
RE/MAX Of Reading
Buyer's Agent
Daniel Martin
Horning Farm Agency Inc
List Price
$209,500
Sold Price
$181,000
Premium/Discount to List
-$28,500
-13.6%
Current Estimated Value
$295,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,381
Avg. Annual Appreciation
20.95%
Original Mortgage
$146,000
Outstanding Balance
$134,849
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$227,525
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
Rock Run Rentals Llc $181,000 Kling & Deibler Llp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rock Run Rentals Llc $146,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2021 12/14/21 Sold $181,000 -13.6% $99 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $209,500 0.0% $114 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
08/26/2021 08/26/21 Price Changed $209,500 -6.8% $114 / Sq Ft
08/12/2021 08/12/21 Price Changed $224,900 -8.5% $123 / Sq Ft
08/03/2021 08/03/21 For Sale $245,900 -- $134 / 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 $1,522 $85,300 $45,500 $39,800
2024 $3,925 $85,300 $45,500 $39,800
2023 $3,815 $85,300 $45,500 $39,800
2022 $3,719 $85,300 $45,500 $39,800
2021 $3,645 $85,300 $45,500 $39,800
2020 $3,645 $85,300 $45,500 $39,800
2019 $3,601 $85,300 $45,500 $39,800
2018 $3,536 $85,300 $45,500 $39,800
2017 $3,468 $85,300 $45,500 $39,800
2016 $1,285 $85,300 $45,500 $39,800
2015 $1,285 $85,300 $45,500 $39,800
2014 $1,285 $85,300 $45,500 $39,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2002574

Bright MLS

APN: 39-5304-03-13-5427