Seller's Agent in 2016
Donna McHugh
Homestarr Realty
(215) 801-7033
110 Total Sales
4621 Cold Spring Creamery Rd Doylestown, PA 18902
Buckingham NeighborhoodEstimated Value: $878,000 - $1,075,000
--
Bed
4
Baths
4,158
Sq Ft
$237/Sq Ft
Est. Value
Highlights
- 1.75 Acre Lot
- Wood Flooring
- Cooling System Mounted In Outer Wall Opening
- Cold Spring Elementary School Rated A
- No HOA
- En-Suite Primary Bedroom
About This Home
As of August 2016GREAT INVESTMENT OPPORTUNITY FOR LANDLORDS AND INVESTORS WHO SEEK LONG-TERM CASH FLOWS OR OWNER OCCUPANT THAT WOULD LIKE TO OFFSET THEIR MORTGAGE PAYMENT WITH RENTAL INCOME! Location: Buckingham Twp. A short 5 minute drive into the heart of historic Doylestown and located across the street from walking trails that lead to great parks and recreation. The area is surrounded by $500K+ houses. School District: Central Buck East Multi-Family Units ? Zoned for 4 units. Currently rented as 3 units including 1 3-bedroom unit and 2 2-bedroom units. Great potential for expansion. A workshop unit is used by the current owner. Great Rental History ? All units are rented with long term tenants. Very desirable area to live in. No problem finding new tenants if needed. Leases and rental history available upon request. Current owners connected the property to public sewer. Unit 1 on the 1st floor has central air and offers amazing living space including a den with screen! Living room 18 x 13, Kitchen 18x15, Den 10x10, Sunroom 13x13, Main Bdrm 18x12, 2nd bdrm 12x12 & 3r4d bdrm 10x9. Unit 2 consists of Living room 17x19, Kitchen 12x7, Main Bdrm 19x12 and 2nd bdrm 11x9. Unit 3 consists Livingroom 18x17, Kitchen 11x9, Main Bedroom 18x12 and 2nd bedroom 9x10. Public water and Natural gas are available in the street. Heating oil is included in rents. Motivated Seller!
Last Buyer's Agent
Dorothy Thornton
Coldwell Banker Hearthside-Doylestown
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,907
Year Built
- Built in 1947
Lot Details
- 1.75 Acre Lot
- Property is in good condition
Parking
- Driveway
Home Design
- Quadruplex
- Brick Exterior Construction
- Pitched Roof
Interior Spaces
- En-Suite Primary Bedroom
- 4,158 Sq Ft Home
- Ceiling Fan
- Storage In Attic
Flooring
- Wood
- Wall to Wall Carpet
- Tile or Brick
- Vinyl
Schools
- Central Bucks High School East
Utilities
- Cooling System Mounted In Outer Wall Opening
- Central Air
- Heating System Uses Oil
- 200+ Amp Service
- Well
- Oil Water Heater
Listing and Financial Details
- Tax Lot 059-001
- Assessor Parcel Number 06-004-059-001
Community Details
Overview
- No Home Owners Association
- Buckingham Subdivision
Amenities
- Laundry Facilities
Building Details
- Insurance Expense $1,700
- Other Expense $650
- Operating Expense $16,257
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 16, 2015
Closed on
Aug 5, 2016
Sold by
Gotfryd Steven and Gotfryd Jennifer
Bought by
Cold Spring Cr Llc
Seller's Agent
Donna McHugh
Homestarr Realty
Buyer's Agent
Dorothy Thornton
Coldwell Banker Hearthside-Doylestown
List Price
$689,000
Sold Price
$490,000
Premium/Discount to List
-$199,000
-28.88%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$454,630
Avg. Annual Appreciation
7.51%
Original Mortgage
$324,000
Interest Rate
3.41%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 1, 2005
Sold by
Auerbach Martin J and Auerbach Nancy K
Bought by
Gotfryd Steven and Gotfryd Jennifer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.84%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jul 13, 1999
Sold by
Auerbach Martin
Bought by
Auerbach Martin J and Auerbach Nancy K
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cold Spring Cr Llc | $490,000 | None Available | |
| Gotfryd Steven | $500,000 | None Available | |
| Auerbach Martin J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cold Spring Cr Llc | $525,000 | |
| Closed | Cold Spring Cr Llc | $324,000 | |
| Previous Owner | Gotfryd Steven | $170,000 | |
| Previous Owner | Auerbachand Martin J | $54,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2016 08/12/16 | Sold | $490,000 | -28.9% | $118 / Sq Ft |
| 05/19/2016 05/19/16 | Pending | -- | -- | -- |
| 07/16/2015 07/16/15 | For Sale | $689,000 | -- | $166 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $8,193 | $50,320 | $9,320 | $41,000 |
| 2023 | $7,915 | $50,320 | $9,320 | $41,000 |
| 2022 | $7,820 | $50,320 | $9,320 | $41,000 |
| 2021 | $7,727 | $50,320 | $9,320 | $41,000 |
| 2020 | $7,727 | $50,320 | $9,320 | $41,000 |
| 2019 | $7,676 | $50,320 | $9,320 | $41,000 |
| 2018 | $6,895 | $45,200 | $9,320 | $35,880 |
| 2017 | $6,839 | $45,200 | $9,320 | $35,880 |
| 2016 | $6,907 | $45,200 | $9,320 | $35,880 |
| 2015 | -- | $45,200 | $9,320 | $35,880 |
| 2014 | -- | $45,200 | $9,320 | $35,880 |
Source: Public Records
Agents Affiliated with this Home
-
-
D
Buyer's Agent in 2016
Dorothy Thornton
Coldwell Banker Hearthside-Doylestown
Map
Source: Bright MLS
MLS Number: 1002575059
APN: 06-004-059-001
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