NOT LISTED FOR SALE

409 W Walnut St Perkasie, PA 18944

East Rockhill Neighborhood

Estimated Value: $362,000 - $424,000

-- Bed
2 Baths
2,040 Sq Ft
$196/Sq Ft Est. Value

Last Sold January 26, 2021

Last sale price $287,500 $141 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,405/month

3 Days on Market

Highlights

  • Second Kitchen
  • Colonial Architecture
  • Traditional Floor Plan
  • Gourmet Country Kitchen
  • Deck
  • 5-minute walk to Lenape Park

About This Home

As of January 2021

Perkasie borough Duplex for sale! Both units are turn key. Detached garage with 2 bays that is also leased. Monthly income is $2,870! 1st floor apartment offers a 4 season room, eat in kitchen, living room, dining room and bedroom. Second floor apartment offers a huge 4 season room with gas fireplace, custom built kitchen with granite tops, dining room, living room and 2 bedrooms. Master bedroom just remodeled! Wood floors just refinished! New washer and dryer and new gas water heater. Separate electric services. Strong history of 100% occupancy! Live in one and rent the other OR lease both and garages for cash flow.

Last Agent to Sell the Property

Joshua Moser

(215) 855-1165 joshm@bhhskeystone.com BHHS Keystone Properties Listed on: 12/09/2020

BHHS Keystone Properties

Last Buyer's Agent

Sandy Horan

(215) 718-5356 sandyhoran@kw.com Keller Williams Real Estate-Montgomeryville License #RS281491

Keller Williams Real Estate-Montgomeryville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,539

Year Built

  • Built in 1920 | Remodeled in 2019

Lot Details

  • 4,480 Sq Ft Lot
  • Lot Dimensions are 28.00 x 160.00
  • Property is in very good condition

Parking

  • 2 Car Detached Garage
  • 2 Driveway Spaces
  • 4 Off-Street Spaces
  • Front Facing Garage

Home Design

  • Duplex
  • Colonial Architecture
  • Shingle Roof
  • Slate Roof
  • Masonry

Interior Spaces

  • 2,040 Sq Ft Home
  • Traditional Floor Plan
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Replacement Windows
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Flood Lights

Kitchen

  • Gourmet Country Kitchen
  • Second Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Range Hood
  • Upgraded Countertops

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed
  • Outbuilding
  • Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 208
  • Assessor Parcel Number 33-005-208

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $34,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,539

Year Built

Built in 1920 | Remodeled in 2019

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
  • Exclusions: Tenants possessions
  • Inclusions: 2 washers, 2 dryers, 2 refrigerators.
  • New Construction: No
  • Year Built: 1920
  • Year Renovated: 2019
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Appliances: Dryer, Oven - Self Cleaning, Oven/Range - Gas, Range Hood, Refrigerator, Stove, Washer, Water Heater
  • Interior Amenities: 2nd Kitchen, Built-Ins, Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Gourmet, Kitchen - Country, Kitchen - Eat-In, Kitchen - Table Space, Pantry, Recessed Lighting, Tub Shower, Upgraded Countertops, Wood Floors
  • Window Features: Replacement
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2040
  • Living Area Sq Ft: 2040
  • Price Per Sq Ft: 134.75
  • Above Grade Finished Sq Ft: 2040
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Masonry
  • Exterior Features: Flood Lights, Outbuilding(s), Sidewalks
  • Roof: 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
  • Garage Features: Covered Parking, Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Detached Garage, Driveway, Off Street
  • Number of Spaces in Driveway: 2
  • Off Street Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 16440.00
  • Land Assessed Value: 4760.00
  • Lot Size Acres: 0.10
  • Lot Dimensions: 28.00 x 160.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4480.00
  • Outdoor Living Structures: Porch(es), Deck(s)
  • Property Condition: Very Good
  • Zoning: CZ

Rental Info

  • Total Actual Rent: 34440.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 155414
  • School Tax: 2867.00
  • Tax Annual Amount: 3539.00
  • Assessor Parcel Number: 33-005-208
  • Tax Lot: 208
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Gross Scheduled Income: 34440.00

MLS Schools

  • School District Name: PENNRIDGE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
Jan 26, 2021
Sold by
Moser Joshua J
Bought by
Hansen Carolyn
Seller's Agent
Joshua Moser
BHHS Keystone Properties
Buyer's Agent
Sandy Horan
Keller Williams Real Estate-Montgomeryville
List Price
$274,900
Sold Price
$287,500
Premium/Discount to List
$12,600
4.58%
Current Estimated Value
$399,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,951
Avg. Annual Appreciation
7.00%
Original Mortgage
$172,500
Outstanding Balance
$154,202
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$245,249

Purchase Details

Closed on
May 7, 2010
Sold by
Keebler Jane Mcclennen and Jane Clune D
Bought by
Moser Joshua J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,671
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 2006
Sold by
Clune Kelly
Bought by
Keebler Jane Mcclennen and Jane Clune D

Purchase Details

Closed on
Sep 1, 2004
Sold by
Keebler Jane Mcclennen and Jane Clune D
Bought by
Clune Kelly
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
Hansen Carolyn $287,500 First Platinum Abstract Llc
Moser Joshua J $239,000 None Available
Keebler Jane Mcclennen -- None Available
Clune Kelly -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hansen Carolyn $172,500
Previous Owner Moser Joshua J $234,671
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2021 01/26/21 Sold $287,500 +4.6% $141 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
12/09/2020 12/09/20 For Sale $274,900 -- $135 / 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 $3,645 $21,200 $4,760 $16,440
2024 $3,645 $21,200 $4,760 $16,440
2023 $3,603 $21,200 $4,760 $16,440
2022 $3,603 $21,200 $4,760 $16,440
2021 $3,539 $21,200 $4,760 $16,440
2020 $3,539 $21,200 $4,760 $16,440
2019 $3,518 $21,200 $4,760 $16,440
2018 $3,518 $21,200 $4,760 $16,440
2017 $3,492 $21,200 $4,760 $16,440
2016 $3,492 $21,200 $4,760 $16,440
2015 -- $21,200 $4,760 $16,440
2014 -- $21,200 $4,760 $16,440
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Joshua Moser

    BHHS Keystone Properties

    (215) 855-1165

    7 in this area

    125 Total Sales

    Joshua Moser
    Section Image
  • Sandy Horan

    Buyer's Agent in 2021

    Sandy Horan

    Keller Williams Real Estate-Montgomeryville

    (215) 718-5356

    14 in this area

    57 Total Sales

    Sandy Horan
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABU517192

Bright MLS

APN: 33-005-208

Pennsylvania Bucks County Perkasie 18944 East Rockhill

409 W Walnut St, Perkasie, PA

Not Listed for Sale

MultiFamily

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