NOT LISTED FOR SALE

39 N Penrose St Quakertown, PA 18951

Estimated Value: $214,000 - $317,651

-- Bed
2 Baths
1,712 Sq Ft
$163/Sq Ft Est. Value

Last Sold October 23, 2023

Last sale price $185,000 $108 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,710/month

14 Days on Market

Highlights

  • Colonial Architecture
  • Hot Water Heating System
  • Carpet
  • 2 Car Detached Garage

About This Home

As of October 2023

Discover the potential of this unique two-unit property in a tranquil neighborhood. This property is ideal for investors or DIY enthusiasts looking for a project that promises substantial returns.

Endless Potential: The first unit features 1 bedroom and 1 bathroom, while the second unit spans the second and third floors with 3 bedrooms and 1 bath, offering plenty of room for customization.

Renovation Opportunity: While the property needs updates, it's a fantastic opportunity to create a modern living space tailored to your preferences and investment goals.

Notable Features: The property includes a private, fenced-in yard, and a detached 2-car garage, which can be repurposed as additional living space, a workshop, or storage. (check with local zoning officer to verify)

Practical Amenities: Separate utilities and gas heating ensure convenience and cost-efficiency for both units.

Competitive Pricing: This semi-detached duplex is competitively priced for a quick sale, making it a valuable addition to your real estate portfolio.

Don't miss the chance to turn this property into your dream home or a lucrative investment. Contact us today for a viewing and explore the potential of this remarkable property.

Last Agent to Sell the Property

Dale Kessler

(484) 707-3201 dk.reoc@gmail.com Realty 365 Listed on: 09/12/2023

Last Buyer's Agent

Jeannie Suelke

(267) 261-7799 suelkerealestate@gmail.com Realty One Group Supreme License #RS349872

Realty One Group Supreme

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,869

Year Built

  • Built in 1920

Lot Details

  • 4,375 Sq Ft Lot
  • Lot Dimensions are 25.00 x 175.00

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage

Home Design

  • Duplex
  • Colonial Architecture
  • Permanent Foundation
  • Plaster Walls
  • Frame Construction
  • Slate Roof

Interior Spaces

  • 1,712 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Schools

  • Strayer Middle School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • 120/240V
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 203
  • Assessor Parcel Number 35-009-203

Community Details

Overview

  • 2 Units
  • 3-Story Building

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,869

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Carpet, Vinyl
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Foundation Details: Permanent
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1712
  • Living Area Sq Ft: 1712
  • Price Per Sq Ft: 93.46
  • Above Grade Finished Sq Ft: 1712
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Frame
  • Roof: Slate
  • 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
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 120/240V
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Middle Or Junior School: STRAYER

Lot Info

  • Lot Size Acres: 0.10
  • Lot Dimensions: 25.00 x 175.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4375.00
  • Zoning: R4

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2479.00
  • Tax Annual Amount: 2869.00
  • Assessor Parcel Number: 35-009-203
  • Tax Lot: 203
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Number Of Units Vacant: 2

MLS Schools

  • School District Name: QUAKERTOWN COMMUNITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2023
Closed on
Oct 5, 2023
Sold by
Cascade Funding Mortgage Trust
Bought by
Derstine Kimberly
Seller's Agent
Dale Kessler
Realty 365
Buyer's Agent
Jeannie Suelke
Realty One Group Supreme
List Price
$160,000
Sold Price
$185,000
Premium/Discount to List
$25,000
15.62%
Views
122
Current Estimated Value
$278,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,663
Avg. Annual Appreciation
21.54%

Purchase Details

Listed on
Sep 12, 2023
Closed on
Sep 1, 2023
Sold by
Sheriff Of Bucks County
Bought by
Cascade Funding Mortgage Trust and Nase
Seller's Agent
Dale Kessler
Realty 365
Buyer's Agent
Jeannie Suelke
Realty One Group Supreme
List Price
$160,000
Sold Price
$185,000
Premium/Discount to List
$25,000
15.62%
Views
122

Purchase Details

Closed on
Jul 6, 2007
Sold by
Warris Edward
Bought by
Warris Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.97%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Mar 26, 1984
Bought by
Warris Edward and Warris June D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Derstine Kimberly $185,000 None Listed On Document
Cascade Funding Mortgage Trust $1,323 None Listed On Document
Warris Edward -- First American Title Ins Co
Warris Edward $53,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Warris Edward $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2023 10/23/23 Sold $185,000 +15.6% $108 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/12/2023 09/12/23 For Sale $160,000 -- $93 / 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 $2,899 $14,400 $1,760 $12,640
2024 $2,899 $14,400 $1,760 $12,640
2023 $2,870 $14,400 $1,760 $12,640
2022 $2,821 $14,400 $1,760 $12,640
2021 $2,821 $14,400 $1,760 $12,640
2020 $2,821 $14,400 $1,760 $12,640
2019 $2,743 $14,400 $1,760 $12,640
2018 $2,647 $14,400 $1,760 $12,640
2017 $2,565 $14,400 $1,760 $12,640
2016 $2,565 $14,400 $1,760 $12,640
2015 -- $14,400 $1,760 $12,640
2014 -- $14,400 $1,760 $12,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2057240

Bright MLS

APN: 35-009-203