$185,000
SOLD SEP 10, 2014

342 W Broad St Quakertown, PA 18951

-- Bed
-- Bath
1,806 Sq Ft
4,140 Sq Ft Lot

Recently Sold

$102 Per Sq Ft

5% Below List Price

Highlights

  • No HOA
  • Parking Storage or Cabinetry
  • Forced Air Heating System
  • 1 Car Detached Garage
  • En-Suite Primary Bedroom
  • Laundry Facilities

About This Home

As of May 2021

Duplex conveniently located in Downtown Quakertown. Upper unit (2nd & 3rd floors) is owner occupied. First floor unit is tenant occupied with lease to 9/1/14 then year to year. Current rent of $775 includes heat, water & sewer. Average condition. Some minor TLC in owner's unit. Full basement. Newer windows and roof (2002). Gross Rent Multiplier, Cap Rate, etc. not a true indicator due to owner occupancy. Quick settlement possible.

Last Agent to Sell the Property

Charlie Kline

(215) 536-6777 ckqtown@comcast.net Coldwell Banker Heritage-Quakertown Listed on: 07/07/2014

Coldwell Banker Heritage-Quakertown

Last Buyer's Agent

James Dietrich

(267) 767-0605 jdietrich@remax440.com Realty One Group Supreme License #RM424571

Realty One Group Supreme

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,295

Year Built

  • Built in 1920

Lot Details

  • 4,140 Sq Ft Lot
  • Lot Dimensions are 23x180
  • Property is in good condition

Parking

  • 1 Car Detached Garage
  • 2 Open Parking Spaces
  • Parking Storage or Cabinetry

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,806 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Laundry Facilities
  • Operating Expense $2,295

Listing and Financial Details

  • Assessor Parcel Number 35-008-215

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,295

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Garage
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace: No
  • Entry Location: Foyer
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Common
  • Total Sq Ft: 1806
  • Living Area Sq Ft: 1806
  • Price Per Sq Ft: 107.97
  • Above Grade Finished Sq Ft: 1806
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: QUAKERTOWN COMMUNITY
  • School District Key: 300200397165

Lot Info

  • Improvement Assessed Value: 7400.00
  • Land Assessed Value: 6200.00
  • Land Use Code: 1023
  • Lot Size Acres: 0.10
  • Lot Dimensions: 23X180
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4140.00
  • Property Condition: Good
  • Zoning: C2

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 9300.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 164492
  • Tax Annual Amount: 2295.00
  • Assessor Parcel Number: 35-008-215
  • Tax Year: 2014
  • Close Date: 09/10/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
May 12, 2021
Sold by
Twin Pond Properties Llc
Bought by
Black Andrew and Giquinto Anthony
Seller's Agent
James Dietrich
Realty One Group Supreme
Buyer's Agent
Sarah Peters
EXP Realty, LLC
List Price
$253,400
Sold Price
$225,000
Premium/Discount to List
-$28,400
-11.21%
Current Estimated Value
$310,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,607
Avg. Annual Appreciation
7.64%
Original Mortgage
$165,750
Outstanding Balance
$150,066
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$160,541

Purchase Details

Listed on
Jul 7, 2014
Closed on
Sep 10, 2014
Sold by
Ghazanfari Shawn A and Ghazanfari Tina C
Bought by
Twin Pond Properties Llc
Seller's Agent
Charlie Kline
Coldwell Banker Heritage-Quakertown
Buyer's Agent
James Dietrich
Realty One Group Supreme
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.97%
Original Mortgage
$138,750
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 25, 2006
Sold by
C & D Properties Llc
Bought by
Ghazanfari Shawn A and Ghazanfari Tina C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,500
Interest Rate
4.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 4, 2003
Sold by
Crown Deborah L and Crown Charles M
Bought by
C & D Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Deed $225,000 Tohickon Settlement Services
Deed $185,000 None Available
Deed $205,000 None Available
Deed $89,488 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $165,750 New Conventional
Previous Owner $138,750 Adjustable Rate Mortgage/ARM
Previous Owner $189,500 Fannie Mae Freddie Mac
Previous Owner $105,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $225,000 -11.2% $125 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
09/24/2020 09/24/20 For Sale $253,400 0.0% $140 / Sq Ft
06/01/2018 06/01/18 Rented $975 0.0% --
05/17/2018 05/17/18 Under Contract -- -- --
04/19/2018 04/19/18 For Rent $975 0.0% --
10/22/2017 10/22/17 Rented $975 0.0% --
10/20/2017 10/20/17 Under Contract -- -- --
08/08/2017 08/08/17 For Rent $975 0.0% --
01/31/2017 01/31/17 Rented $975 0.0% --
01/20/2017 01/20/17 Under Contract -- -- --
12/09/2016 12/09/16 For Rent $975 0.0% --
09/10/2014 09/10/14 Sold $185,000 -5.1% $102 / Sq Ft
07/24/2014 07/24/14 Pending -- -- --
07/07/2014 07/07/14 For Sale $195,000 -- $108 / 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 $2,737 $13,600 $6,200 $7,400
2024 $2,737 $13,600 $6,200 $7,400
2023 $368 $13,600 $6,200 $7,400
2022 $2,664 $13,600 $6,200 $7,400
2021 $2,664 $13,600 $6,200 $7,400
2020 $2,664 $13,600 $6,200 $7,400
2019 $2,590 $13,600 $6,200 $7,400
2018 $2,500 $13,600 $6,200 $7,400
2017 $2,423 $13,600 $6,200 $7,400
2016 -- $13,600 $6,200 $7,400
2015 -- $13,600 $6,200 $7,400
2014 -- $13,600 $6,200 $7,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002999136

Bright MLS

APN: 35-008-215