NOT LISTED FOR SALE

41 W Chestnut St Souderton, PA 18964

Estimated Value: $344,940 - $403,000

-- Bed
2 Baths
2,428 Sq Ft
$155/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $200,000 $82 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,421/month

Highlights

  • No HOA
  • 4 Car Detached Garage
  • Ceiling Fan
  • West Broad Street Elementary School Rated A
  • En-Suite Primary Bedroom
  • 4-minute walk to Chestnut Street Park

About This Home

As of April 2017

Great Borough Duplex and Great opportunity for Investors, and extended family living or additional income to supplement your mortgage payment. First floor currently rented at $875/month plus Electric and Gas and consist of LR 15 X 15, Full Bath, BR 19 X 13 with Book cases, BR 11 X 9. Second floor unit is currently vacant and ready for your viewing and consist of LR 16 X 13 Full Bath, BR 16 X 12, BR 12 X 8 and a walk up attic. Full basement with walk out. Each unit has use of basement for Washer & Dryer hookup. Also Detached 5 Bay Garage Ideal for contractor use or additional income. 2 Bays rented at $85/month and 2 Bays rented at 95/month, 1 Bay currently vacant. 2nd floor unit needs TLC. Public records indicate 2428 square foot of living space. Gas hot water radiator heat for each unit at tenants expense.

Last Agent to Sell the Property

John Marchese

(267) 240-2580 marchesejhn@yahoo.com RE/MAX Reliance License #AB028653A Listed on: 02/05/2017

RE/MAX Reliance

Last Buyer's Agent

John Marchese

(267) 240-2580 marchesejhn@yahoo.com RE/MAX Reliance License #AB028653A Listed on: 02/05/2017

RE/MAX Reliance

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,828

Year Built

  • Built in 1900

Lot Details

  • 7,537 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Property is in below average condition

Parking

  • 4 Car Detached Garage
  • 4 Open Parking Spaces
  • Driveway

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stone Foundation
  • Pitched Roof
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,428 Sq Ft Home
  • Ceiling Fan
  • Storage In Attic
  • Washer and Dryer Hookup

Flooring

  • Wall to Wall Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Heating System Uses Gas
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $4,828

Listing and Financial Details

  • Tax Lot 071
  • Assessor Parcel Number 21-00-01444-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,828

Year Built

Built in 1900

Lot Details

0

Parking

4

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement, Attic
  • Year Built: 1900
  • Remarks Public: Great Borough Duplex and Great opportunity for Investors, and extended family living or additional income to supplement your mortgage payment. First floor currently rented at $875/month plus Electric and Gas and consist of LR 15 X 15, Full Bath, BR 19 X 13 with Book cases, BR 11 X 9. Second floor unit is currently vacant and ready for your viewing and consist of LR 16 X 13 Full Bath, BR 16 X 12, BR 12 X 8 and a walk up attic. Full basement with walk out. Each unit has use of basement for Washer & Dryer hookup. Also Detached 5 Bay Garage Ideal for contractor use or additional income. 2 Bays rented at $85/month and 2 Bays rented at 95/month, 1 Bay currently vacant. 2nd floor unit needs TLC. Public records indicate 2428 square foot of living space. Gas hot water radiator heat for each unit at tenants expense.
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Hookup
  • Total Sq Ft: 2428
  • Living Area Sq Ft: 2428
  • Price Per Sq Ft: 92.63
  • Above Grade Finished Sq Ft: 2428
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 41

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding, Brick
  • Exterior Features: Sidewalks
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Open Parking Spaces Count: 4
  • Garage Features: Oversized
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: SOUDERTON AREA
  • School District Key: 300200397037

Lot Info

  • Land Use Code: 1132
  • Lot Size Acres: 0.17
  • Lot Dimensions: 50 X 150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7537.00
  • Property Attached Yn: Yes
  • Property Condition: Below Average
  • Zoning: R3

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 25320.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 638382
  • Tax Annual Amount: 4828.00
  • Assessor Parcel Number: 21-00-01444-002
  • Tax Lot: 071
  • Tax Year: 2017
  • Close Date: 04/28/2017

MLS Schools

  • School District Name: SOUDERTON AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2017
Closed on
Apr 28, 2017
Sold by
Moyer Phyllis J and Dirocco Phyllis J
Bought by
Baranoski Matthew E
Seller's Agent
John Marchese
RE/MAX Reliance
Buyer's Agent
John Marchese
RE/MAX Reliance
List Price
$224,900
Sold Price
$200,000
Premium/Discount to List
-$24,900
-11.07%
Current Estimated Value
$375,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,735
Avg. Annual Appreciation
7.77%
Original Mortgage
$180,000
Outstanding Balance
$150,212
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$225,523

Purchase Details

Closed on
Aug 13, 1975
Bought by
Dirocco Archangelo F and Dirocco Phyllis J
Source: Public Records

Range of Values:

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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
Baranoski Matthew E $200,000 None Available
Dirocco Archangelo F $39,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baranoski Matthew E $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold $200,000 -11.1% $82 / Sq Ft
03/10/2017 03/10/17 Pending -- -- --
02/05/2017 02/05/17 For Sale $224,900 -- $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 $5,130 $113,600 -- --
2024 $5,130 $113,600 -- --
2023 $4,824 $113,600 $0 $0
2022 $4,691 $113,600 $0 $0
2021 $4,577 $113,600 $0 $0
2020 $4,507 $113,600 $0 $0
2019 $4,459 $113,600 $0 $0
2018 $1,063 $113,600 $0 $0
2017 $4,878 $127,890 $49,570 $78,320
2016 $4,828 $127,890 $49,570 $78,320
2015 $4,742 $127,890 $49,570 $78,320
2014 $4,742 $127,890 $49,570 $78,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003141617

Bright MLS

APN: 21-00-01444-002