$139,900
SOLD AUG 15, 2014

414 W Walnut St Kutztown, PA 19530

-- Bed
-- Bath
1,822 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$77 Per Sq Ft

3 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Radiator

About This Home

As of July 2022

Kutztown Student Housing ~ CAP RATE = 10.18 % ~ Currently rented for 3 students ~ Tenants pay All Utilities ~ Oil , Electric , Water , Sewer , Garbage . Gross Income - $19,200 per year. Net Income - $14,200. This semi-detached home with off street parking shows a consistent and strong rental history. Currently rented for the 2014-2015 school year, and located one block off Main Street, a short walk to the University as well as shops and eateries.

Last Agent to Sell the Property

Loren Keim

Century 21 Keim Realtors License #RB-045762-L Listed on: 07/31/2014

Century 21 Keim Realtors

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,822 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Utilities

  • Radiator
  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 4429
  • Assessor Parcel Number 55-5443-11-76-4429

Community Details

Overview

  • No Home Owners Association

Building Details

  • Other Expense $1,400
  • Operating Expense $4,965

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 1400.00
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Washer In Unit, Dryer In Unit, Has Laundry
  • Total Sq Ft: 1822
  • Living Area Sq Ft: 1822
  • Price Per Sq Ft: 76.78
  • Above Grade Finished Sq Ft: 1822
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Oil, Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: KUTZTOWN AREA
  • School District Key: 300200397316

Lot Info

  • Improvement Assessed Value: 57700.00
  • Land Assessed Value: 31500.00
  • Land Use Code: 112
  • Lot Size Acres: 0.09
  • Lot Dimensions: .09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3920.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 19200.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1527923
  • Tax Annual Amount: 3565.00
  • Assessor Parcel Number: 55-5443-11-76-4429
  • Tax Lot: 4429
  • Tax Year: 2014
  • Close Date: 08/15/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2022
Closed on
Jul 27, 2022
Sold by
Dialed Enterprizes Inc
Bought by
Harden Mikal C
Seller's Agent
Selena Darraugh
United RealEstate Strive212 LV
Buyer's Agent
Brent Harris
Realty One Group Exclusive
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%
Total Days on Market
3
Current Estimated Value
$238,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,215
Avg. Annual Appreciation
6.33%
Original Mortgage
$170,000
Outstanding Balance
$163,823
Interest Rate
5.7%
Mortgage Type
Balloon
Estimated Equity
$74,392

Purchase Details

Closed on
Feb 12, 2021
Sold by
Cunningham Brian
Bought by
Dialed Enterprizes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jul 17, 2017
Closed on
Jan 17, 2018
Sold by
Richart Stephen
Bought by
Cunningham Brian
Seller's Agent
Christopher Carr
HomeZu
Buyer's Agent
Selena Darraugh
United Real Estate Strive 212 Lehigh Valley
List Price
$159,900
Sold Price
$154,143
Premium/Discount to List
-$5,757
-3.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$115,607
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 31, 2014
Closed on
Aug 8, 2014
Sold by
414 West Walnut Street Llc
Bought by
Richart Stephen
Seller's Agent
Loren Keim
Century 21 Keim Realtors
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$139,900
Sold Price
$139,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.87%

Purchase Details

Closed on
Apr 28, 2010
Sold by
Pirog Family Limited Partnership
Bought by
414 West Walnut Street Llc

Purchase Details

Closed on
Oct 2, 2001
Sold by
Pirog Eugene P and Pirog Eugene P
Bought by
Pirog Family Ltd Partnership
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $200,000 None Listed On Document
Special Warranty Deed $158,776 Bankers Setmnt Svcs Cap Regi
Deed $154,143 --
Deed $139,900 Conestoga Title Co
Special Warranty Deed -- Land Title Services
Deed $94,552 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $170,000 Balloon
Previous Owner $127,500 Future Advance Clause Open End Mortgage
Previous Owner $115,607 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2022 07/27/22 Sold $200,000 0.0% $110 / Sq Ft
07/27/2022 07/27/22 Sold $200,000 -11.1% $110 / Sq Ft
05/21/2022 05/21/22 Pending -- -- --
05/21/2022 05/21/22 Pending -- -- --
05/14/2022 05/14/22 For Sale $225,000 0.0% $123 / Sq Ft
04/10/2022 04/10/22 For Sale $225,000 +46.0% $123 / Sq Ft
01/17/2018 01/17/18 Sold $154,143 -3.6% $85 / Sq Ft
01/07/2018 01/07/18 Price Changed $159,900 0.0% $88 / Sq Ft
11/16/2017 11/16/17 Pending -- -- --
07/17/2017 07/17/17 For Sale $159,900 +14.3% $88 / Sq Ft
08/15/2014 08/15/14 Sold $139,900 0.0% $77 / Sq Ft
08/03/2014 08/03/14 Pending -- -- --
07/31/2014 07/31/14 For Sale $139,900 -- $77 / 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 $1,312 $89,200 $31,500 $57,700
2024 $3,907 $89,200 $31,500 $57,700
2023 $3,765 $89,200 $31,500 $57,700
2022 $3,765 $89,200 $31,500 $57,700
2021 $3,765 $89,200 $31,500 $57,700
2020 $3,765 $89,200 $31,500 $57,700
2019 $3,721 $89,200 $31,500 $57,700
2018 $3,721 $89,200 $31,500 $57,700
2017 $3,695 $89,200 $31,500 $57,700
2016 $1,003 $89,200 $31,500 $57,700
2015 $1,003 $89,200 $31,500 $57,700
2014 $1,003 $89,200 $31,500 $57,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003028552

Bright MLS

APN: 55-5443-11-76-4429