NOT LISTED FOR SALE

415 E Broad St Souderton, PA 18964

Estimated Value: $413,140 - $574,000

-- Bed
4 Baths
-- Sq Ft
0.27 Acres

Last Sold August 21, 2019

Last sale price $265,000

Est. 79% increase in value since last sale

Current estimated payment $3,180/month

13 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Ramp on the main level
  • Indian Crest Middle School Rated A-
  • No HOA
  • Forced Air Heating System

About This Home

As of August 2019

C2 Zoned property that can be used for commercial, Residential or both and can be converted back and forth. Can have up to 5 residential units. Currently approved for 3 units and there is an EDU charge of $8,814 per unit and $1,250 Recreational impact fee as well. There are currently 5 entrances which makes for an easy conversion to (1) 2 BR unit (3) 1 BR units and 1 commercial unit in the rear. Possible rents of $4,900 per month or more!

Last Agent to Sell the Property

Paul Lizell

(267) 481-0937 paullizell@gmail.com Tesla Realty Group, LLC License #3141841 Listed on: 06/29/2019

Tesla Realty Group, LLC

Last Buyer's Agent

Chris Hennessy

(215) 313-8309 chris@chrishennessyteam.com EXP Realty, LLC License #RS283381

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 60.00 x 0.00
  • Property is in below average condition

Parking

  • Driveway

Home Design

  • Quadruplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Utilities

  • Forced Air Heating System
  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • Wood Flooring
  • Ramp on the main level

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 018
  • Assessor Parcel Number 21-00-00664-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Ramp - Main Level
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Furniture & Appliances
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • 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

  • Lot Size Acres: 0.27
  • Lot Dimensions: 60.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11700.00
  • Property Condition: Below Average
  • Zoning: C2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 638181
  • School Tax: 5491.00
  • Tax Annual Amount: 7158.00
  • Assessor Parcel Number: 21-00-00664-008
  • Tax Lot: 018
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2020

MLS Schools

  • School District Name: SOUDERTON AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2019
Closed on
Aug 21, 2019
Sold by
Jp Homes Inc
Bought by
Clauss Cody
Seller's Agent
Paul Lizell
Tesla Realty Group, LLC
Buyer's Agent
Chris Hennessy
EXP Realty, LLC
List Price
$299,900
Sold Price
$265,000
Premium/Discount to List
-$34,900
-11.64%
Current Estimated Value
$475,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,558
Avg. Annual Appreciation
10.00%
Original Mortgage
$202,500
Outstanding Balance
$177,353
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$306,682

Purchase Details

Listed on
Aug 10, 2018
Closed on
Oct 30, 2018
Sold by
Fannie Mae
Bought by
Jp Homes Inc
Seller's Agent
Joshua McKnight
Keller Williams Real Estate-Horsham
Buyer's Agent
Paul Lizell
Tesla Realty Group, LLC
List Price
$280,000
Sold Price
$199,820
Premium/Discount to List
-$80,180
-28.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.40%
Original Mortgage
$180,345
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 18, 2018
Sold by
Montgomery County Sheriff
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 14, 2008
Sold by
Kratz Jeffrey F
Bought by
Kratz Marguerite and Kratz Jeffrey F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Clauss Cody $265,000 None Available
Jp Homes Inc $199,820 None Available
Federal National Mortgage Association -- None Available
Kratz Marguerite -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clauss Cody $202,500
Previous Owner Jp Homes Inc $180,345
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2019 08/21/19 Sold $265,000 -11.6% --
07/12/2019 07/12/19 Pending -- -- --
06/29/2019 06/29/19 For Sale $299,900 +50.1% --
12/19/2018 12/19/18 Sold $199,820 -28.6% $48 / Sq Ft View Prior Sale
10/26/2018 10/26/18 Pending -- -- --
09/04/2018 09/04/18 For Sale $280,000 +40.1% $67 / Sq Ft
09/04/2018 09/04/18 Off Market $199,820 -- --
08/10/2018 08/10/18 For Sale $280,000 0.0% $67 / Sq Ft
11/28/2017 11/28/17 Rented $1,375 0.0% --
11/22/2017 11/22/17 Under Contract -- -- --
10/24/2017 10/24/17 For Rent $1,375 -- --
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 $8,146 $180,390 $103,080 $77,310
2024 $8,146 $180,390 $103,080 $77,310
2023 $7,659 $180,390 $103,080 $77,310
2022 $7,450 $180,390 $103,080 $77,310
2021 $7,268 $180,390 $103,080 $77,310
2020 $7,158 $180,390 $103,080 $77,310
2019 $7,080 $180,390 $103,080 $77,310
2018 $1,688 $180,390 $103,080 $77,310
2017 $6,880 $180,390 $103,080 $77,310
2016 $6,810 $180,390 $103,080 $77,310
2015 $6,689 $180,390 $103,080 $77,310
2014 $6,689 $180,390 $103,080 $77,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC616224

Bright MLS

APN: 21-00-00664-008