NOT LISTED FOR SALE

Estimated Value: $225,000 - $280,000

-- Bed
2 Baths
2,017 Sq Ft
$123/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $165,000 $82 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,697/month

Highlights

  • Victorian Architecture
  • More Than Two Accessible Exits
  • Hot Water Baseboard Heater
  • No HOA

About This Home

As of April 2021

Here is a beautiful property for owner occupant or for the first time investor or to add to your investment portfolio. Main house contains two apartments and rear cottage contains one apartment and storage below. Cottage downstairs is currently used partially by tenant and partially by owner' for storage. Property is located a few blocks from downtown and very convenient to new restaurants and shopping and the excitement that is now happening in Pottstown. Never lacking for tenants, the property has been owned for a long time by current owner. One tenant has lived in the property prior to existing ownership. There are three rental units with upside rent potential. There are Two 1-BR and One 2-BR. Tenants pay own heat and hot water and electric. Current Gross Income is $21,360. Three separate boilers and water heaters. Main house has a basement. Come and take a look today.

Last Agent to Sell the Property

Roman Korobij

(610) 935-6000 roman@atrustrealty.com ATrust Realty License #RM051755A Listed on: 12/18/2020

Last Buyer's Agent

Robert Cooper

rcooper1@weichert.com Weichert Realtors

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 2,940 Sq Ft Lot
  • Lot Dimensions are 21.00 x 0.00

Home Design

  • Triplex
  • Victorian Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Asphalt Roof
  • Masonry

Interior Spaces

  • 2,017 Sq Ft Home
  • Basement Fills Entire Space Under The House

Accessible Home Design

  • More Than Two Accessible Exits

Schools

  • Pottstown Senior High School

Utilities

  • Hot Water Baseboard Heater
  • 100 Amp Service
  • Natural Gas Water Heater
  • Oil Water Heater

Listing and Financial Details

  • The owner pays for insurance, reserves for replacement, real estate taxes, trash collection, water
  • Tax Lot 021
  • Assessor Parcel Number 16-00-10572-005

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 3-Story Building

Building Details

  • Income includes apartment rentals
  • Insurance Expense $807
  • Operating Expense $8,027
  • Gross Income $21,360
  • Net Operating Income $12,265

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Victorian
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Possessions.
  • Home Warranty: No
  • Inclusions: Appliances Owned by Seller-- as-is and with no monetary value.
  • New Construction: No
  • Year Built: 1900
  • Building Winterized: No
  • Remarks Public: Here is a beautiful property for owner occupant or for the first time investor or to add to your investment portfolio. Main house contains two apartments and rear cottage contains one apartment and storage below. Cottage downstairs is currently used partially by tenant and partially by owner' for storage. Property is located a few blocks from downtown and very convenient to new restaurants and shopping and the excitement that is now happening in Pottstown. Never lacking for tenants, the property has been owned for a long time by current owner. One tenant has lived in the property prior to existing ownership. There are three rental units with upside rent potential. There are Two 1-BR and One 2-BR. Tenants pay own heat and hot water and electric. Current Gross Income is $21,360. Three separate boilers and water heaters. Main house has a basement. Come and take a look today.
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2017
  • Living Area Sq Ft: 2017
  • Price Per Sq Ft: 86.76
  • Above Grade Finished Sq Ft: 2017
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 463

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Masonry
  • Roof: Asphalt, Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas, Oil
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Electric Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: POTTSTOWN
  • High School: POTTSTOWN SENIOR
  • High School Source: 3rd Party
  • School District Key: 300200397038
  • School District Source: 3rd Party
  • High School: POTTSTOWN SENIOR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1108
  • Lot Size Acres: 0.07
  • Lot Dimensions: 21.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2940.00
  • Year Assessed: 2021
  • Zoning: 1108 RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Owner Pays: Insurance, Reserves For Replacement, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 628170
  • School Tax: 3138.00
  • Tax Annual Amount: 4410.00
  • Assessor Parcel Number: 16-00-10572-005
  • Tax Lot: 021
  • Tax Total Finished Sq Ft: 2017
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 04/09/2021

Multi Family

  • Gross Scheduled Income: 21360.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 8027.00
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: POTTSTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Apr 9, 2021
Sold by
Hoagey Jesse A
Bought by
Carangi Matthew
Seller's Agent
Roman Korobij
ATrust Realty
Buyer's Agent
Robert Cooper
Weichert Realtors
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%
Current Estimated Value
$248,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,616
Avg. Annual Appreciation
9.56%
Original Mortgage
$123,750
Outstanding Balance
$92,982
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$155,634

Purchase Details

Closed on
Dec 31, 2014
Sold by
Hoagey Perry and Hoagey Jesse A
Bought by
Hoagey Jesse A

Purchase Details

Closed on
May 10, 2012
Sold by
Hoagey Jesse and Hoagey Jesse A
Bought by
Hoagey Jesse A and Hoagey Perry

Purchase Details

Closed on
Aug 7, 2008
Sold by
Hoagey Perry
Bought by
Hoagey Jesse A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 2006
Sold by
Lawrence Charles R
Bought by
Hoagey Perry
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
Carangi Matthew $165,000 None Available
Hoagey Jesse A -- None Available
Hoagey Jesse A -- None Available
Hoagey Jesse A $135,000 None Available
Hoagey Perry $85,000 Penn Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carangi Matthew $123,750
Previous Owner Hoagey Jesse A $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $165,000 -5.7% $82 / Sq Ft
03/08/2021 03/08/21 For Sale $175,000 0.0% $87 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
12/18/2020 12/18/20 For Sale $175,000 -- $87 / 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 $4,547 $74,080 $26,110 $47,970
2024 $4,547 $74,080 $26,110 $47,970
2023 $4,485 $74,080 $26,110 $47,970
2022 $4,461 $74,080 $26,110 $47,970
2021 $4,410 $74,080 $26,110 $47,970
2020 $4,333 $74,080 $26,110 $47,970
2019 $4,234 $74,080 $26,110 $47,970
2018 $3,010 $74,080 $26,110 $47,970
2017 $3,959 $74,080 $26,110 $47,970
2016 $3,930 $74,080 $26,110 $47,970
2015 $3,906 $74,080 $26,110 $47,970
2014 $3,906 $74,080 $26,110 $47,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC678698

Bright MLS

APN: 16-00-10572-005