NOT LISTED FOR SALE

407 E Philadelphia Ave Boyertown, PA 19512

Estimated Value: $189,984

-- Bed
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold January 15, 2021

Last sale price $142,000

Est. 34% increase in value since last sale

Current estimated payment $1,186/month

55 Days on Market

Highlights

  • Traditional Architecture
  • Ramp on the main level
  • 3-minute walk to Franklin Mini-park
  • No HOA
  • Electric Baseboard Heater

About This Home

As of January 2021

2 unit apartment building. 1-1 bedroom, 1-2 bedroom. First floor handicap accessible with off street parking. Laundry hookups in both apartments. Good investment property. Tenants pay heat, water, sewer and trash.

Last Agent to Sell the Property

Richard Zuber

Richard A Zuber Realty-Boyertown License #RB029192L Listed on: 10/06/2020

Last Buyer's Agent

SANDEEP SOOD

Equity MidAtlantic Real Estate

Equity MidAtlantic Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 4,792 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Plaster Walls
  • Asphalt Roof

Interior Spaces

  • Double Hung Windows
  • Basement Fills Entire Space Under The House
  • Electric Oven or Range

Parking

  • 6 Parking Spaces
  • 6 Off-Street Spaces
  • Gravel Driveway

Accessible Home Design

  • Ramp on the main level

Schools

  • Boyertown Area Senior High School

Utilities

  • Radiator
  • Heating System Uses Oil
  • Electric Baseboard Heater
  • 100 Amp Service
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3302
  • Assessor Parcel Number 33-5397-17-00-3302

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Boyertown Subdivision

Building Details

  • Insurance Expense $758
  • Maintenance Expense $921
  • Manager Expense $1,842
  • Other Expense $4,483
  • Net Operating Income $9,403

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Accessibility Features: Ramp - Main Level
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Other Expense: 4483.00
  • Year Built: 1890
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: 2 unit apartment building. 1-1 bedroom, 1-2 bedroom. First floor handicap accessible with off street parking. Laundry hookups in both apartments. Good investment property. Tenants pay heat, water, sewer and trash.
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric
  • Window Features: Double Hung
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 407

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Road Surface Type: Black Top
  • Roof: Asphalt
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 6

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Electric, Oil
  • Heating Type: Baseboard - Electric, Radiator
  • Heating: Yes
  • Hot Water: Electric, Oil
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Professional Management Expense: 1842.00

Schools

  • School District: BOYERTOWN AREA
  • High School: BOYERTOWN AREA SENIOR
  • High School Source: Listing Agent
  • School District Key: 300200397307
  • School District Source: Listing Agent
  • High School: BOYERTOWN AREA SENIOR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 37600.00
  • Land Assessed Value: 68300.00
  • Land Use Code: 4119
  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: MIXED/RES 2-STORY

Rental Info

  • Rent Control: No
  • Total Actual Rent: 18420.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1485596
  • School Tax: 2986.00
  • Tax Annual Amount: 4590.00
  • Assessor Parcel Number: 33-5397-17-00-3302
  • Tax Lot: 3302
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 01/15/2021

Multi Family

  • Gross Income: 18420.00
  • Other Units: Unit 1,Unit 2
  • Vacancy Allowance Rate: 0.05

MLS Schools

  • School District Name: BOYERTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Jan 14, 2021
Sold by
Bealer Gary A and Bealer Glenn T
Bought by
Kaur Sandeep
Seller's Agent
Richard Zuber
Richard A Zuber Realty-Boyertown
Buyer's Agent
SANDEEP SOOD
Equity MidAtlantic Real Estate
List Price
$162,500
Sold Price
$142,000
Premium/Discount to List
-$20,500
-12.62%
Current Estimated Value
$189,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,984
Avg. Annual Appreciation
6.52%
Original Mortgage
$106,500
Outstanding Balance
$95,307
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$94,677

Purchase Details

Closed on
Sep 27, 2007
Sold by
Shay W William
Bought by
Bealer Gary A and Purnell David R
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
Kaur Sandeep $142,000 Penntitle Company
Bealer Gary A $81,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaur Sandeep $106,500
Previous Owner Purnell David R $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $142,000 -8.1% --
11/30/2020 11/30/20 Pending -- -- --
11/24/2020 11/24/20 Price Changed $154,500 -4.9% --
10/06/2020 10/06/20 For Sale $162,500 -- --
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 $1,807 $93,600 $68,300 $25,300
2024 $4,511 $93,600 $68,300 $25,300
2023 $4,326 $93,600 $68,300 $25,300
2022 $4,202 $105,900 $68,300 $37,600
2021 $4,590 $105,900 $68,300 $37,600
2020 $4,482 $105,900 $68,300 $37,600
2019 $4,312 $105,900 $68,300 $37,600
2018 $4,132 $105,900 $68,300 $37,600
2017 $4,001 $105,900 $68,300 $37,600
2016 $1,350 $105,900 $68,300 $37,600
2015 $1,350 $105,900 $68,300 $37,600
2014 $1,299 $105,900 $68,300 $37,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK364892

Bright MLS

APN: 33-5397-17-00-3302