NOT LISTED FOR SALE

Estimated Value: $517,777

-- Bed
1 Bath
-- Sq Ft
0.37 Acres

Last Sold April 16, 2018

Last sale price $325,000

Est. 59% increase in value since last sale

Current estimated payment $3,264/month

35 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Wall to Wall Carpet
  • Shed
  • Replacement Windows
  • Heating System Uses Oil

About This Home

As of April 2018

Terrific investment with positive cash flow. 2 or 3 offices, 2 apartments, 1 single home. All units are currently rented except one of the offices. The office that is empty can be easily rented to 2 tenants. There is a common exterior entrance with private interior access to each unit. Over sized shed could be rented also or kept by owner for own use. All tenants have indicated interest in staying. Both chimneys relined, all replaced windows in both buildings, house roof 1 year old, other building roof also replaced. Parking for 14 cars. See Property Description Sheets & Seller's Disclosure before calling with questions on the property. See Township website for allowed uses for offices. https://library.municode/pa/bensalem. Property is in a flood zone. Income & expense figures will be provided to serious parties only. Seller will only entertain cash offers or offers where she holds the financing. On these offers minimum down payment 20%, must have good credit & income to support the investment. See Presentation of Offers before writing Agreement. Appointments 9-5 Monday - Saturday only with 3 days notice through listing agent only.

Last Agent to Sell the Property

ELLEN CASSIDY

Coldwell Banker Hearthside License #AB062535L Listed on: 01/24/2018

Coldwell Banker Hearthside

Co-Listed By

Joe Cassidy

Coldwell Banker Hearthside License #RS199926L

Last Buyer's Agent

Tom Scott

RE/MAX Realty Services-Bensalem License #RS328887

RE/MAX Realty Services-Bensalem

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,706

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 134.8 x 117
  • Property is in good condition

Home Design

  • Stone Foundation
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • En-Suite Primary Bedroom
  • Replacement Windows
  • Wall to Wall Carpet
  • Unfinished Basement
  • Partial Basement

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Private Parking
  • Parking Lot

Outdoor Features

  • Shed
  • Storage Shed

Schools

  • Belmont Hills Elementary School
  • Robert K Shafer Middle School
  • Bensalem Township High School

Utilities

  • Heating System Uses Oil
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 144
  • Assessor Parcel Number 02-017-144

Community Details

Overview

  • No Home Owners Association
  • Trevose Subdivision

Building Details

  • Operating Expense $4,676

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,706

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Exclusions: See Property Description Sheets Attached
  • Inclusions: See Property Description Sheets Attached
  • New Construction: No
  • Storage: Basement, Shed
  • Remarks Public: Terrific investment with positive cash flow. 2 or 3 offices, 2 apartments, 1 single home. All units are currently rented except one of the offices. The office that is empty can be easily rented to 2 tenants. There is a common exterior entrance with private interior access to each unit. Over sized shed could be rented also or kept by owner for own use. All tenants have indicated interest in staying. Both chimneys relined, all replaced windows in both buildings, house roof 1 year old, other building roof also replaced. Parking for 14 cars. See Property Description Sheets & Seller's Disclosure before calling with questions on the property. See Township website for allowed uses for offices. https://library.municode/pa/bensalem. Property is in a flood zone. Income & expense figures will be provided to serious parties only. Seller will only entertain cash offers or offers where she holds the financing. On these offers minimum down payment 20%, must have good credit & income to support the investment. See Presentation of Offers before writing Agreement. Appointments 9-5 Monday - Saturday only with 3 days notice through listing agent only.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Fully Carpeted
  • Interior Amenities: Store/Office
  • Window Features: Replacement
  • Fireplace: No
  • Entry Location: Private
  • Foundation Details: Stone, Concrete Perimeter
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Street Number Modifier: 4504

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof: Shingle
  • 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
  • Parking Features: Private
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: BENSALEM TOWNSHIP
  • Elementary School: BELMONT HILLS
  • Middle School: ROBERT K SHAFER
  • High School: BENSALEM TOWNSHIP
  • School District Key: 300200397323
  • Elementary School: BELMONT HILLS
  • High School: BENSALEM TOWNSHIP
  • Middle Or Junior School: ROBERT K SHAFER

Lot Info

  • Improvement Assessed Value: 17800.00
  • Land Assessed Value: 5800.00
  • Land Use Code: 4119
  • Lot Size Acres: 0.37
  • Lot Dimensions: 134.8 X 117
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16050.00
  • Property Condition: Good
  • Zoning: HC

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

Tax Info

  • Assessor Parcel Number: 4997
  • Tax Annual Amount: 4706.00
  • Assessor Parcel Number: 02-017-144
  • Tax Lot: 144
  • Tax Year: 2018
  • Close Date: 04/16/2018

MLS Schools

  • School District Name: BENSALEM TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2020
Sold by
Sevenstar Limitede Liability Company
Bought by
Pa Department Of Transporation
Current Estimated Value
$517,777

Purchase Details

Listed on
Jan 24, 2018
Closed on
Apr 16, 2018
Sold by
Brzoza Betty E
Bought by
Sevenstar Llc
Seller's Agent
ELLEN CASSIDY
Coldwell Banker Hearthside
Buyer's Agent
Tom Scott
RE/MAX Realty Services-Bensalem
List Price
$375,000
Sold Price
$325,000
Premium/Discount to List
-$50,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%
Original Mortgage
$260,000
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 1976
Sold by
Whitfield Evelyn E
Bought by
Brzoza Bernard F and Brzoza Betty E
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
Pa Department Of Transporation -- None Available
Sevenstar Llc $325,000 First Platinum Abstract Llc
Brzoza Bernard F $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sevenstar Llc $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2018 04/16/18 Sold $325,000 -13.3% --
02/28/2018 02/28/18 Pending -- -- --
01/24/2018 01/24/18 For Sale $375,000 -- --
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 $5,152 $23,600 $5,800 $17,800
2023 $5,006 $23,600 $5,800 $17,800
2022 $4,977 $23,600 $5,800 $17,800
2021 $4,977 $23,600 $5,800 $17,800
2020 $4,927 $23,600 $5,800 $17,800
2019 $4,817 $23,600 $5,800 $17,800
2018 $4,706 $23,600 $5,800 $17,800
2017 $4,676 $23,600 $5,800 $17,800
2016 $4,676 $23,600 $5,800 $17,800
2015 -- $23,600 $5,800 $17,800
2014 -- $23,600 $5,800 $17,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1005060829

Bright MLS

APN: 02-017-144