NOT LISTED FOR SALE

Estimated Value: $212,000 - $391,000

-- Bed
2 Baths
4,096 Sq Ft
$78/Sq Ft Est. Value

Last Sold January 05, 2018

Last sale price $190,000 $46 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,138/month

60 Days on Market

Highlights

  • No HOA
  • Summer or Winter Changeover Switch For Hot Water
  • En-Suite Primary Bedroom
  • Cooling System Mounted In Outer Wall Opening
  • Shed
  • Hot Water Heating System

About This Home

As of January 2018

Here is a well maintained investment property or "live in one and rent the other." The long time owners have also enjoyed long term tenants who want to continue living in this home. Since purchasing the building in 1989, the Sellers have made many improvements including new roofing, Andersen windows, new New Yorker heating systems, upgraded electric service to 200 amp, new kitchens, and more. Please see the Seller's Property Disclosure Statement for a complete list of improvements, etc. Each unit has a laundry room and the tenants supply their own washer and dryer. As was common at the time this building was converted to two units, "pass through" bedrooms exist in each unit. There is also a 3rd floor which could be finished into another living unit, and the Seller has blueprints for that modification. Outback you have a nice deep yard with a new storage shed which has been built to provide private storage for each tenant. There is paved off street parking for four cars as well as street parking. Convenient location providing easy access to Routes 29, 663, 100, and PA Turnpike at Quakertown as well as area shops and Super Wal*Mart in East Greenville.

Last Agent to Sell the Property

Kerry Ziegler

RE/MAX 440 - Pennsburg License #RS115337A Listed on: 09/14/2017

Last Buyer's Agent

Dorothy Dornsife

Realty One Group Exclusive

Realty One Group Exclusive

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,271

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot

Parking

  • 4 Open Parking Spaces

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 4,096 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storage In Attic
  • Washer and Dryer Hookup

Flooring

  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Shed
  • Storage Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Hot Water Heating System
  • 200+ Amp Service
  • Summer or Winter Changeover Switch For Hot Water

Listing and Financial Details

  • Tax Lot 019
  • Assessor Parcel Number 06-00-02568-009

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $1,387
  • Other Expense $226
  • Operating Expense $7,774

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,271

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenant Owned Washers, Dryers, Refrigerators,Window Air Conditioners
  • New Construction: No
  • Other Expense: 226.00
  • Storage: Basement, Attic, Shed
  • Year Built: 1900
  • Remarks Public: Here is a well maintained investment property or "live in one and rent the other." The long time owners have also enjoyed long term tenants who want to continue living in this home. Since purchasing the building in 1989, the Sellers have made many improvements including new roofing, Andersen windows, new New Yorker heating systems, upgraded electric service to 200 amp, new kitchens, and more. Please see the Seller's Property Disclosure Statement for a complete list of improvements, etc. Each unit has a laundry room and the tenants supply their own washer and dryer. As was common at the time this building was converted to two units, "pass through" bedrooms exist in each unit. There is also a 3rd floor which could be finished into another living unit, and the Seller has blueprints for that modification. Outback you have a nice deep yard with a new storage shed which has been built to provide private storage for each tenant. There is paved off street parking for four cars as well as street parking. Convenient location providing easy access to Routes 29, 663, 100, and PA Turnpike at Quakertown as well as area shops and Super Wal*Mart in East Greenville.
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Hookup
  • Total Sq Ft: 4096
  • Living Area Sq Ft: 4096
  • Price Per Sq Ft: 46.36
  • Above Grade Finished Sq Ft: 4096
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 434

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: S/W Changeover
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1890.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: UPPER PERKIOMEN
  • School District Key: 300200396620

Lot Info

  • Land Use Code: 1132
  • Lot Size Acres: 0.25
  • Lot Dimensions: 48
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10700.00
  • Property Attached Yn: Yes
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 19560.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 600003
  • Tax Annual Amount: 4271.00
  • Assessor Parcel Number: 06-00-02568-009
  • Tax Lot: 019
  • Tax Year: 2017
  • Close Date: 01/05/2018

MLS Schools

  • School District Name: UPPER PERKIOMEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2017
Closed on
Jan 5, 2018
Sold by
Koffel Jay and Koffel Evelyn L
Bought by
Giosuelo Llc
Seller's Agent
Kerry Ziegler
RE/MAX 440 - Pennsburg
Buyer's Agent
Dorothy Dornsife
Realty One Group Exclusive
List Price
$189,900
Sold Price
$190,000
Premium/Discount to List
$100
0.05%
Current Estimated Value
$319,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,969
Avg. Annual Appreciation
7.05%
Original Mortgage
$170,000
Outstanding Balance
$143,793
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$176,176

Purchase Details

Closed on
Aug 14, 1989
Bought by
Koffel Jay & Evelyn L
Source: Public Records

Range of Values:

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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
Giosuelo Llc $190,000 --
Koffel Jay & Evelyn L $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giosuelo Llc $170,000
Closed Giosuelo Llc $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2018 01/05/18 Sold $190,000 +0.1% $46 / Sq Ft
11/14/2017 11/14/17 Pending -- -- --
09/14/2017 09/14/17 For Sale $189,900 -- $46 / 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 $4,745 $122,220 $36,160 $86,060
2024 $4,745 $122,220 $36,160 $86,060
2023 $4,551 $122,220 $36,160 $86,060
2022 $4,497 $122,220 $36,160 $86,060
2021 $4,339 $122,220 $36,160 $86,060
2020 $4,318 $122,220 $36,160 $86,060
2019 $4,234 $122,220 $36,160 $86,060
2018 $4,234 $122,220 $36,160 $86,060
2017 $4,185 $122,220 $36,160 $86,060
2016 $4,137 $122,220 $36,160 $86,060
2015 $3,879 $122,220 $36,160 $86,060
2014 $3,879 $122,220 $36,160 $86,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000283819

Bright MLS

APN: 06-00-02568-009