NOT LISTED FOR SALE

402 Sycamore Ave Croydon, PA 19021

Bristol Township Neighborhood

Estimated Value: $470,000 - $567,000

-- Bed
5 Baths
2,596 Sq Ft
$195/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $400,000 $154 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,148/month

8 Days on Market

Highlights

  • 0.36 Acre Lot
  • Deck
  • Additional Land
  • Colonial Architecture
  • No HOA
  • Shed

About This Home

As of August 2021

Investor Alert! Super location for this Triplex that is fully rented. This property is 3 separate units where the tenants pay for their own electricity and heat. First floor has eat in kitchen, living room, 2 bedrooms, 1 bath and access to basement for washer & dryer. The 2nd floor is oil heat, has 2 bedrooms and 1 full bath, The 3rd floor is another 2 bedroom , 1 bath with electric heat. This is such a nice investment property and ready for its new owners. Large exterior shed that is divided into 3 to allow for additional storage for the tenants. Tenants are good and would love to stay if the new owner wants to keep them. Start your investment portfolio today! This includes an extra, unbuildable lot at 05-007-007 (Overlook Ave).

Last Agent to Sell the Property

Lisa Longenbach

Keller Williams Real Estate-Langhorne License #2077072 Listed on: 07/12/2021

Keller Williams Real Estate-Langhorne

Last Buyer's Agent

Angilena Kerper

Opus Elite Real Estate License #RS332235

Opus Elite Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,637

Year Built

  • Built in 1950

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 125.00 x 125.00
  • Additional Land
  • Property is in very good condition

Home Design

  • Triplex
  • Colonial Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,596 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 8 Parking Spaces
  • 8 Driveway Spaces

Outdoor Features

  • Deck
  • Shed

Schools

  • Truman High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Electric Baseboard Heater
  • Oil Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • The owner pays for sewer, real estate taxes, water, trash collection, repairs, insurance
  • Tax Lot 031
  • Assessor Parcel Number 05-007-031

Community Details

Overview

  • No Home Owners Association

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,567
  • Trash Expense $634
  • Net Operating Income $24,158

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,637

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenants personal belongings
  • Inclusions: 3 Refrigerators, 3 Stoves, Dishwasher- 1st Floor Only, Washer, Dryer- 1st Floor basement Only
  • New Construction: No
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Investor Alert! Super location for this Triplex that is fully rented. This property is 3 separate units where the tenants pay for their own electricity and heat. First floor has eat in kitchen, living room, 2 bedrooms, 1 bath and access to basement for washer & dryer. The 2nd floor is oil heat, has 2 bedrooms and 1 full bath, The 3rd floor is another 2 bedroom , 1 bath with electric heat. This is such a nice investment property and ready for its new owners. Large exterior shed that is divided into 3 to allow for additional storage for the tenants. Tenants are good and would love to stay if the new owner wants to keep them. Start your investment portfolio today! This includes an extra, unbuildable lot at 05-007-007 (Overlook Ave).
  • Special Features: VirtualTour

Interior Features

  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Carpet
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2596
  • Living Area Sq Ft: 2596
  • Price Per Sq Ft: 154.08
  • Above Grade Finished Sq Ft: 2596
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 402

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame, Vinyl Siding
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 8

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Oil, Electric
  • Heating Type: Hot Water, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Monthly Water Average: 180
  • Water Previous Twelve Months: 2160.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: BRISTOL TOWNSHIP
  • High School: TRUMAN
  • High School Source: Listing Agent
  • School District Key: 300200397325
  • School District Source: Listing Agent
  • High School: TRUMAN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 13040.00
  • Land Assessed Value: 4160.00
  • Land Use Code: 1001
  • Lot Features: Additional Lot(s)
  • Lot Size Acres: 0.36
  • Lot Dimensions: 125.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15625.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: R3

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 3
  • Owner Pays: Sewer, Taxes - Real Estate, Water, Trash Collection, Repairs, Insurance
  • Rent Control: No
  • Total Actual Rent: 36780.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 23427
  • School Tax: 3786.00
  • Tax Annual Amount: 4637.00
  • Assessor Parcel Number: 05-007-031
  • Tax Lot: 031
  • Tax Total Finished Sq Ft: 2596
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/31/2021

Multi Family

  • Gross Income: 36780.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: BRISTOL TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2021
Closed on
Aug 24, 2021
Sold by
Kelly Clark J and Kelly Patricia M
Bought by
Yilmaz Tunahan
Seller's Agent
Lisa Longenbach
Keller Williams Real Estate-Langhorne
Buyer's Agent
Angilena Kerper
Opus Elite Real Estate
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$506,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,317
Avg. Annual Appreciation
4.94%
Original Mortgage
$320,000
Outstanding Balance
$291,810
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$192,960

Purchase Details

Closed on
Aug 20, 1973
Bought by
Kelly Clark J and Kelly Patricia M
Source: Public Records

Range of Values:

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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
Yilmaz Tunahan $400,000 National Abstract Agency
Kelly Clark J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yilmaz Tunahan $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $400,000 0.0% $154 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $400,000 -- $154 / 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 $4,671 $17,200 $4,160 $13,040
2024 $4,671 $17,200 $4,160 $13,040
2023 $4,637 $17,200 $4,160 $13,040
2022 $4,637 $17,200 $4,160 $13,040
2021 $4,637 $17,200 $4,160 $13,040
2020 $4,637 $17,200 $4,160 $13,040
2019 $4,619 $17,200 $4,160 $13,040
2018 $4,545 $17,200 $4,160 $13,040
2017 $4,476 $17,200 $4,160 $13,040
2016 $4,476 $17,200 $4,160 $13,040
2015 $3,471 $17,200 $4,160 $13,040
2014 $3,471 $17,200 $4,160 $13,040
Source: Public Records

Agents Affiliated with this Home

  • Lisa Longenbach

    Seller's Agent in 2021

    Lisa Longenbach

    Keller Williams Real Estate-Langhorne

    (215) 275-3386

    18 in this area

    206 Total Sales

    Lisa Longenbach
    Section Image
  • Angilena Kerper

    Buyer's Agent in 2021

    Angilena Kerper

    Opus Elite Real Estate

    (215) 478-5790

    8 in this area

    54 Total Sales

    Angilena Kerper
    Section Image
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Map

Source: Bright MLS

MLS Number: PABU2002532

Bright MLS

APN: 05-007-031

Pennsylvania Bucks County Croydon 19021 Bristol Township

402 Sycamore Ave, Croydon, PA

This home is located at 402 Sycamore Ave, Croydon, PA 19021 since 12 July 2021 and is currently estimated at $506,317, approximately $195 per square foot. This property was built in 1950. 402 Sycamore Ave is a home located in Bucks County with nearby schools including Truman Senior High School, School Lane Charter School, and St Charles Borromeo School.

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