NOT LISTED FOR SALE

439 N Main St Souderton, PA 18964

Estimated Value: $371,000 - $438,000

-- Bed
2 Baths
1,975 Sq Ft
$201/Sq Ft Est. Value

Last Sold December 31, 2014

Last sale price $225,000 $114 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,587/month

43 Days on Market

Highlights

  • No HOA
  • West Broad Street Elementary School Rated A
  • Heating Available

About This Home

As of December 2014

This recently renovated duplex has amazing upside potential for investors or smart first time home buyers who want to live in the lower level and have someone else pay most of your rent. The upstairs rent is 14300 per year. Pay bi weekly and was just renovated so nothing needs to be fixed. The lower level will easily get 900 a month. Owners will leave it empty for showings. The home has just received a large electrical overhaul including the huge double level garage that could be rented out for 300 a month or more. Sellers don't want to rent it if the new owners want it for themselves. 350 x 12 is another 4200 per year in income. This home has 2 levels on the second floor apartment making it unique and interesting. Come see this one of a kind home. Parking lot out back is huge and recently refiled with a great stone layer to keep it nice for years to come.

Last Agent to Sell the Property

Phil Falcone

(215) 290-3784 phil@addicted2realestate.com The Investor Brokerage License #RS294382 Listed on: 10/10/2014

Last Buyer's Agent

Donna Young

(215) 740-0618 dyoung@cbpref.com Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,345

Year Built

  • Built in 1920

Lot Details

  • 7,573 Sq Ft Lot

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,975 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Parking

  • 8 Open Parking Spaces
  • 12 Parking Spaces
  • Driveway

Schools

  • West Broad Street Elementary School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 002
  • Assessor Parcel Number 21-00-04808-004

Community Details

Overview

  • No Home Owners Association
  • Buck Hill Subdivision

Building Details

  • Operating Expense $4,345

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,345

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Hookup, Has Laundry
  • Total Sq Ft: 1975
  • Living Area Sq Ft: 1975
  • Price Per Sq Ft: 121.47
  • Above Grade Finished Sq Ft: 1975
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • 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: 8
  • Total Garage And Parking Spaces: 12
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Electric
  • 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

  • Elementary School: WEST BROAD STREET

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 52
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7573.00
  • Zoning: R3

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 29292.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 639364
  • Tax Annual Amount: 4345.00
  • Assessor Parcel Number: 21-00-04808-004
  • Tax Lot: 002
  • Tax Year: 2014

MLS Schools

  • School District Name: SOUDERTON AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2014
Closed on
Dec 31, 2014
Sold by
Ricci Jeremy
Bought by
Monteith Christopher F and Monteith Bethann
Seller's Agent
Phil Falcone
The Investor Brokerage
Buyer's Agent
Donna Young
Coldwell Banker Realty
List Price
$239,900
Sold Price
$225,000
Premium/Discount to List
-$14,900
-6.21%
Current Estimated Value
$407,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,326
Avg. Annual Appreciation
5.31%
Original Mortgage
$166,350
Outstanding Balance
$128,118
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$268,486

Purchase Details

Closed on
Jul 3, 2014
Sold by
Loveless Robert M
Bought by
Loveless Property Trust

Purchase Details

Closed on
May 9, 1997
Sold by
Cimino Joan M and Loveless Robert M
Bought by
Loveless Robert M

Purchase Details

Closed on
Oct 11, 1994
Sold by
Cimino Joan M
Bought by
Cimino Joan M and Loveless Robert M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Monteith Christopher F $221,800 Title Services
Loveless Property Trust $119,949 None Available
Loveless Robert M -- --
Cimino Joan M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monteith Christopher F $166,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2014 12/31/14 Sold $225,000 -6.2% $114 / Sq Ft
11/22/2014 11/22/14 Pending -- -- --
10/10/2014 10/10/14 For Sale $239,900 -- $121 / 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 $5,332 $118,080 $49,630 $68,450
2024 $5,332 $118,080 $49,630 $68,450
2023 $5,014 $118,080 $49,630 $68,450
2022 $4,876 $118,080 $49,630 $68,450
2021 $4,758 $118,080 $49,630 $68,450
2020 $4,685 $118,080 $49,630 $68,450
2019 $4,635 $118,080 $49,630 $68,450
2018 $1,105 $118,080 $49,630 $68,450
2017 $4,504 $118,080 $49,630 $68,450
2016 $4,458 $118,080 $49,630 $68,450
2015 $4,378 $118,080 $49,630 $68,450
2014 $4,378 $118,080 $49,630 $68,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003114180

Bright MLS

APN: 21-00-04808-004