$202,000
SOLD JAN 30, 2020

43 N Hellertown Ave Quakertown, PA 18951

-- Bed
-- Bath
1,680 Sq Ft
6,600 Sq Ft Lot

Recently Sold

$120 Per Sq Ft

22% Below List Price

184 Days on Market

Highlights

  • Scenic Views
  • Wood Flooring
  • No HOA
  • Colonial Architecture
  • Main Floor Bedroom
  • 1 Car Detached Garage

About This Home

As of January 2020

Attention Investors! This 2 unit residential duplex is in turn-key condition with excellent cash flow and ready for new ownership! Gross annual income $27,600. 2 apartments: (1) 1st floor 1 bedroom unit $1000 on month-to-month lease. (2) 2nd and 3rd floor 2 bedroom unit $1300/month recently vacated. Owner pays heat (gas), water, sewer, taxes and insurance. New roof, hardwood floors, new kitchens, windows, paint and renovated baths. Huge yard with paved walkway to 2 bay electrified garage with workshop. Off street parking in the alley and garage. In high demand, these apartments are clean and bright and right in the heart of Quakertown. Easy walk to new downtown restaurants, brewery, gyms, cafes and stores. The large 2 bedroom apartment ($1300/month) encompasses 2 floors. The 2nd floor has a new open kitchen (13x17), large laundry room (15 x 8) with a bank of windows and exterior access to the backyard. The living room (12x12) is located immediately off the kitchen and just down the hall is a bedroom (13x13) with hall closet. Upstairs on the 3rd floor is a bedroom (16x15) with a 20x9 walk-in closet or bonus room with large window. The first floor 1 bedroom apartment has a private side entrance with one-step up to enter the large (15x13) kitchen with separate laundry and pantry (7x6) and renovated full bath. The comfortable living room (12x12) and bedroom (12x12) are directly off the kitchen area. Easy exit right out to the backyard with deck. Don t miss this opportunity for investment is fast-growing Quakertown!

Last Agent to Sell the Property

Lynne Benson

Keller Williams Real Estate-Doylestown Listed on: 06/13/2019

Keller Williams Real Estate-Doylestown

Last Buyer's Agent

Stacey DeLong

Iron Valley Real Estate Legacy License #RS327245

Iron Valley Real Estate Legacy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,545

Year Built

  • Built in 1930

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 33.00 x 200.00
  • Property is in good condition

Parking

  • 1 Car Detached Garage
  • Alley Access
  • Front Facing Garage
  • On-Street Parking
  • Off-Street Parking

Property Views

  • Scenic Vista
  • Garden

Home Design

  • Duplex
  • Colonial Architecture
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,680 Sq Ft Home
  • Replacement Windows
  • Partial Basement
  • Stove

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Windows

Schools

  • Neidig Elementary School
  • Quakertown Middle School
  • Quakertown Community Senior High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for common area maintenance, heat, heater maintenance contract, insurance, lawn/shrub care, repairs, sewer, snow removal, real estate taxes, water
  • Tax Lot 480
  • Assessor Parcel Number 35-008-480

Community Details

Overview

  • No Home Owners Association

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals
  • Insurance Expense $960
  • Operating Expense $6,050
  • Gross Income $27,600
  • Net Operating Income $21,550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,545

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Washers, Dryers, Refrigerators
  • New Construction: No
  • Expected On Market: 2019-06-13
  • Year Built: 1930
  • Remarks Public: Attention Investors! This 2 unit residential duplex is in turn-key condition with excellent cash flow and ready for new ownership! Gross annual income $27,600. 2 apartments: (1) 1st floor 1 bedroom unit $1000 on month-to-month lease. (2) 2nd and 3rd floor 2 bedroom unit $1300/month recently vacated. Owner pays heat (gas), water, sewer, taxes and insurance. New roof, hardwood floors, new kitchens, windows, paint and renovated baths. Huge yard with paved walkway to 2 bay electrified garage with workshop. Off street parking in the alley and garage. In high demand, these apartments are clean and bright and right in the heart of Quakertown. Easy walk to new downtown restaurants, brewery, gyms, cafes and stores. The large 2 bedroom apartment ($1300/month) encompasses 2 floors. The 2nd floor has a new open kitchen (13x17), large laundry room (15 x 8) with a bank of windows and exterior access to the backyard. The living room (12x12) is located immediately off the kitchen and just down the hall is a bedroom (13x13) with hall closet. Upstairs on the 3rd floor is a bedroom (16x15) with a 20x9 walk-in closet or bonus room with large window. The first floor 1 bedroom apartment has a private side entrance with one-step up to enter the large (15x13) kitchen with separate laundry and pantry (7x6) and renovated full bath. The comfortable living room (12x12) and bedroom (12x12) are directly off the kitchen area. Easy exit right out to the backyard with deck. Don t miss this opportunity for investment is fast-growing Quakertown!
  • Special Features: None

Interior Features

  • Appliances: Dryer, Refrigerator, Stove, Washer
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Wood Floors, Walk-In Closet(s), Entry Level Bedroom
  • Window Features: Energy Efficient, Replacement
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1680
  • Living Area Sq Ft: 1680
  • Price Per Sq Ft: 133.93
  • Above Grade Finished Sq Ft: 1680
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 43

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Frame
  • Roof: Shingle
  • Spa: No
  • View: Garden/Lawn, Scenic Vista
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, Alley, Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Gas Avg Month: 180.00
  • Gas Prev12 Months: 2160.00
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 80
  • Water Previous Twelve Months: 960.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: QUAKERTOWN COMMUNITY
  • Elementary School: NEIDIG
  • Middle School: QUAKERTOWN
  • High School: QUAKERTOWN COMMUNITY SENIOR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397165
  • School District Source: Listing Agent
  • Elementary School: NEIDIG
  • High School: QUAKERTOWN COMMUNITY SENIOR
  • Middle Or Junior School: QUAKERTOWN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 11040.00
  • Land Assessed Value: 2320.00
  • Land Use Code: 1001
  • Lot Size Acres: 0.15
  • Lot Dimensions: 33.00 x 200.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6600.00
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: R4

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 1
  • Owner Pays: Common Area Maintenance, Heat, Heater Maintenance Contract, Insurance, Lawn/Shrub Care, Repairs, Sewer, Snow Removal, Taxes - Real Estate, Water
  • Rent Control: No
  • Total Actual Rent: 27600.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 164778
  • School Tax: 2196.00
  • Tax Annual Amount: 2545.00
  • Assessor Parcel Number: 35-008-480
  • Tax Lot: 480
  • Tax Total Finished Sq Ft: 1680
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 01/30/2020

Multi Family

  • Number Of Units Vacant: 1
  • Gross Income: 27600.00
  • Gross Scheduled Income: 27600.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 6050.00
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: QUAKERTOWN COMMUNITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2022
Sold by
Michael Wilson
Bought by
Teal Bay Revocable Family Trust

Purchase Details

Listed on
Jun 13, 2019
Closed on
Jan 28, 2020
Sold by
Jagielnicki Milosz
Bought by
Wilson Michael
Seller's Agent
Lynne Benson
Keller Williams Real Estate-Doylestown
Buyer's Agent
Stacey DeLong
Iron Valley Real Estate Legacy
List Price
$260,000
Sold Price
$202,000
Premium/Discount to List
-$58,000
-22.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.01%
Original Mortgage
$151,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2019
Sold by
Jagielnicki Milosz and Jagielnicki Anna
Bought by
Jagielnicki Milosz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.73%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Nov 10, 2016
Closed on
Jan 11, 2017
Sold by
Loredo Grisel
Bought by
Jagieinicki Milosz and Jagieinicki Anna
Seller's Agent
Emily Landis Torres
Keller Williams Real Estate-Montgomeryville
Buyer's Agent
Lynne Benson
Keller Williams Real Estate-Doylestown
List Price
$119,900
Sold Price
$100,000
Premium/Discount to List
-$19,900
-16.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.08%

Purchase Details

Closed on
Jan 14, 2011
Sold by
Kazuk Margarita
Bought by
Kazuk Margarita and Ledesma Horacio

Purchase Details

Closed on
Dec 4, 1989
Bought by
Kazuk Arthur M
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Deed $202,000 Greater Montgomery Setmnt Sv
Interfamily Deed Transfer -- Mid Atlantic Regional Abstra
Deed $100,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $151,500 New Conventional
Previous Owner $100,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Pending -- -- --
06/13/2025 06/13/25 For Sale $315,000 +55.9% $188 / Sq Ft
01/30/2020 01/30/20 Sold $202,000 -10.2% $120 / Sq Ft
12/14/2019 12/14/19 Pending -- -- --
12/04/2019 12/04/19 Price Changed $225,000 -13.5% $134 / Sq Ft
11/08/2019 11/08/19 For Sale $260,000 +28.7% $155 / Sq Ft
10/31/2019 10/31/19 Off Market $202,000 -- --
07/21/2019 07/21/19 Pending -- -- --
07/21/2019 07/21/19 Price Changed $260,000 0.0% $155 / Sq Ft
07/21/2019 07/21/19 For Sale $260,000 +15.6% $155 / Sq Ft
07/19/2019 07/19/19 Pending -- -- --
07/11/2019 07/11/19 Price Changed $225,000 -13.5% $134 / Sq Ft
07/10/2019 07/10/19 For Sale $260,000 +28.7% $155 / Sq Ft
07/03/2019 07/03/19 Off Market $202,000 -- --
06/13/2019 06/13/19 For Sale $260,000 +160.0% $155 / Sq Ft
01/11/2017 01/11/17 Sold $100,000 -16.6% $60 / Sq Ft
11/26/2016 11/26/16 Pending -- -- --
11/10/2016 11/10/16 For Sale $119,900 -- $71 / 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
2024 $3,452 $17,150 $2,320 $14,830
2023 $3,418 $17,150 $2,320 $14,830
2022 $3,360 $17,150 $2,320 $14,830
2021 $3,360 $17,150 $2,320 $14,830
2020 $3,360 $17,150 $2,320 $14,830
2019 $2,545 $13,360 $2,320 $11,040
2018 $2,456 $13,360 $2,320 $11,040
2017 $2,380 $13,360 $2,320 $11,040
2016 $332 $13,360 $2,320 $11,040
2015 -- $13,360 $2,320 $11,040
2014 -- $13,360 $2,320 $11,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU471460

Bright MLS

APN: 35-008-480