NOT LISTED FOR SALE

Estimated Value: $124,539

-- Bed
2 Baths
7,124 Sq Ft
$17/Sq Ft Est. Value

Last Sold September 06, 2013

Last sale price $75,000 $11 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $803/month

388 Days on Market

Highlights

  • 0.14 Acre Lot
  • No HOA
  • Summer or Winter Changeover Switch For Hot Water
  • Wood Flooring
  • 2 Car Attached Garage
  • 4-minute walk to South Street Park

About This Home

As of September 2013

Large Commercial/Mixed-use building in high visibility corner location in Downtown Pottstown. This sprawling solid 7000+ SF building is comprised of a 1st floor commercial space, 2 apartments on the upper floors with lots of character, and an oversized attached 2-car garage. The main level includes a central very spacious(18'x49') banquet/conference room, multiple large reception areas, and assorted office & storage rooms. The front apartment, accessed by an open banister stairway and utilized as the owner's quarters, includes grand formal living and dining rooms, enclosed sun porch, and well- equipped custom vintage kitchen. A second apartment(2-3BR) is on the upper floor in the back of the building. "D"-Downtown zoning along Pottstown's primary commercial corridor permits an array of uses ranging from retail, office, to institution applications. This classic property, while requiring some repairs and updating, offers a great opportunity to many business ventures. Being sold "As Is."

Last Agent to Sell the Property

Brian Kelly

Kelly Real Estate, Inc. License #RM052045A Listed on: 05/05/2012

Last Buyer's Agent

Brian Kelly

Kelly Real Estate, Inc. License #RM052045A Listed on: 05/05/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,055

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Driveway

Home Design

  • Fixer Upper
  • Flat Roof Shape
  • Brick Exterior Construction
  • Shingle Roof
  • Slate Roof
  • Aluminum Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 7,124 Sq Ft Home
  • Unfinished Basement
  • Partial Basement

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Schools

  • Pottstown Senior High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Summer or Winter Changeover Switch For Hot Water

Additional Features

  • Mobility Improvements
  • 6,055 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Operating Expense $5,651

Listing and Financial Details

  • Tax Lot 001
  • Assessor Parcel Number 16-00-14032-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Accessibility Features: Mobility Improvements
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Garage
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Fireplace: No
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Has Laundry
  • Total Sq Ft: 7124
  • Living Area Sq Ft: 7124
  • Price Per Sq Ft: 11.93
  • Above Grade Finished Sq Ft: 7124
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Roof: Flat, Shingle, Slate
  • 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
  • Open Parking Spaces Count: 2
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: S/W Changeover
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: POTTSTOWN
  • High School: POTTSTOWN SENIOR
  • School District Key: 300200397038
  • High School: POTTSTOWN SENIOR

Lot Info

  • Land Use Code: 4256
  • Lot Size Acres: 0.14
  • Lot Dimensions: 43
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6055.00
  • Property Condition: Fixer
  • Zoning: CB

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 629010
  • Tax Annual Amount: 5651.00
  • Assessor Parcel Number: 16-00-14032-001
  • Tax Lot: 001
  • Tax Year: 2012
  • Close Date: 09/06/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2012
Closed on
Sep 6, 2013
Sold by
Skean Doris F and Ralston Mark W
Bought by
Rann Llc
Seller's Agent
Brian Kelly
Kelly Real Estate, Inc.
Buyer's Agent
Brian Kelly
Kelly Real Estate, Inc.
List Price
$130,000
Sold Price
$75,000
Premium/Discount to List
-$55,000
-42.31%
Current Estimated Value
$124,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,539
Original Mortgage
$231,263
Interest Rate
4.42%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Rann Llc $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rann Llc $500,000
Closed Rann Llc $135,000
Closed Rann Llc $231,263
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2013 09/06/13 Sold $75,000 -42.3% $11 / Sq Ft
05/28/2013 05/28/13 Pending -- -- --
05/05/2012 05/05/12 For Sale $130,000 -- $18 / 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 $6,886 $112,200 -- --
2024 $6,886 $112,200 -- --
2023 $6,793 $112,200 $0 $0
2022 $6,757 $112,200 $0 $0
2021 $6,679 $112,200 $0 $0
2020 $6,563 $112,200 $0 $0
2019 $6,412 $112,200 $0 $0
2018 $4,558 $112,200 $0 $0
2017 $5,996 $112,200 $0 $0
2016 $5,952 $112,200 $0 $0
2015 $5,915 $112,200 $0 $0
2014 $5,915 $112,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003953404

Bright MLS

APN: 16-00-14032-001