NOT LISTED FOR SALE

Estimated Value: $241,000 - $270,000

-- Bed
3 Baths
3,730 Sq Ft
$70/Sq Ft Est. Value

Last Sold September 08, 2021

Last sale price $180,000 $48 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,912/month

Highlights

  • Colonial Architecture
  • 1 Car Detached Garage
  • Electric Baseboard Heater
  • No HOA
  • Parking Storage or Cabinetry

About This Home

As of September 2021

Triplex with all three units are fully occupied and currently operating at a 9.1% cap rate. Annual rental income is approximately $33,500. Unit #1 is a 3BD/2BA. Unit #2 is 3 BD/1BA, Unit #3 is a studio. An upgrades list is available which includes all new electric baseboard heaters and 7 brand new vinyl windows in Unit 1. Fresh paint, new flooring, refrigerator, stove and water heater for Unit 2. Fresh paint and metal security door for Unit 3. The property has a detached garage which could be rented for additional income. Please note photos of Unit 1 are prior to tenant occupancy. Schedule your showing today!!

Last Agent to Sell the Property

Nina Gupta

(484) 832-6019 nina@exclusiverealtorspa.com EXP Realty, LLC License #rs334732 Listed on: 06/04/2021

EXP Realty, LLC

Last Buyer's Agent

Dan Graboyes

(215) 285-0459 dan@pgmrealestate.com PGM Real Estate Associates, LLC License #RM424660

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,200 Sq Ft Lot
  • Lot Dimensions are 30.00 x 0.00

Parking

  • 1 Car Detached Garage
  • Parking Storage or Cabinetry

Home Design

  • Triplex
  • Colonial Architecture
  • Stucco

Interior Spaces

  • 3,730 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for common area maintenance, insurance
  • Tax Lot 057
  • Assessor Parcel Number 16-00-29360-009

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Income includes apartment rentals
  • Operating Expense $11,990
  • Net Operating Income $21,346

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenant personal belongings. Microwaves and washer/dryer in the basement belong to tenant.
  • Inclusions: Refrigerators all in as -is condition.
  • New Construction: No
  • Expected On Market: 2021-06-11
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Triplex with all three units are fully occupied and currently operating at a 9.1% cap rate. Annual rental income is approximately $33,500. Unit #1 is a 3BD/2BA. Unit #2 is 3 BD/1BA, Unit #3 is a studio. An upgrades list is available which includes all new electric baseboard heaters and 7 brand new vinyl windows in Unit 1. Fresh paint, new flooring, refrigerator, stove and water heater for Unit 2. Fresh paint and metal security door for Unit 3. The property has a detached garage which could be rented for additional income. Please note photos of Unit 1 are prior to tenant occupancy. Schedule your showing today!!
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3730
  • Living Area Sq Ft: 3730
  • Price Per Sq Ft: 63.00
  • Above Grade Finished Sq Ft: 3730
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 47

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Covered Parking, Additional Storage Area
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: POTTSTOWN
  • School District Key: 300200397038
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1134
  • Lot Size Acres: 0.10
  • Lot Dimensions: 30.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4200.00
  • Year Assessed: 2021
  • Zoning: RMHD

Rental Info

  • Ground Rent Exists: No
  • Owner Pays: Common Area Maintenance, Insurance
  • Total Actual Rent: 33336.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 632876
  • School Tax: 4433.00
  • Tax Annual Amount: 6230.00
  • Assessor Parcel Number: 16-00-29360-009
  • Tax Lot: 057
  • Tax Total Finished Sq Ft: 3730
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 09/08/2021

Multi Family

  • Income Includes: Apartment Rentals
  • Operating Expense: 11990.00
  • Single Room Units Count: 1

MLS Schools

  • School District Name: POTTSTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Aug 31, 2021
Sold by
Schreffler Zachary C
Bought by
G Squared Investment Group Llc
Seller's Agent
Nina Gupta
EXP Realty, LLC
Buyer's Agent
Dan Graboyes
PGM Real Estate Associates, LLC
List Price
$235,000
Sold Price
$180,000
Premium/Discount to List
-$55,000
-23.4%
Current Estimated Value
$259,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,667
Avg. Annual Appreciation
9.42%
Original Mortgage
$180,000
Outstanding Balance
$163,787
Interest Rate
2.8%
Mortgage Type
Seller Take Back
Estimated Equity
$95,880

Purchase Details

Listed on
Aug 1, 2018
Closed on
Oct 1, 2018
Sold by
Coryell David
Bought by
Schreffler Zachary C
Seller's Agent
Kristi Ledford
The Real Estate Professionals-Pottstown
Buyer's Agent
Nina Gupta
EXP Realty, LLC
List Price
$134,900
Sold Price
$136,300
Premium/Discount to List
$1,400
1.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%
Original Mortgage
$133,830
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 14, 2012
Sold by
Spring City Development Llc
Bought by
Coryell David

Purchase Details

Closed on
Oct 6, 2008
Sold by
Coryell David
Bought by
Spring City Dev Llc

Purchase Details

Closed on
Jan 4, 2008
Sold by
Sibilly Bernard E
Bought by
Coryell David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,125
Interest Rate
6.02%

Purchase Details

Closed on
Sep 1, 1995
Sold by
Sibilly Bernard E and Dennis Helen C
Bought by
Sibilly Bernard E

Purchase Details

Closed on
Nov 30, 1994
Sold by
Cotto Angel L
Bought by
Sibilly Bernard E and Dennis Helen C
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
G Squared Investment Group Llc $180,000 None Available
Schreffler Zachary C $136,300 None Available
Coryell David -- None Available
Spring City Dev Llc -- None Available
Coryell David $177,500 None Available
Sibilly Bernard E $5,100 --
Sibilly Bernard E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open G Squared Investment Group Llc $180,000
Previous Owner Schreffler Zachary C $133,830
Previous Owner Coryell David $133,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2021 09/08/21 Sold $180,000 -23.4% $48 / Sq Ft
07/19/2021 07/19/21 For Sale $235,000 +30.6% $63 / Sq Ft
07/12/2021 07/12/21 Off Market $180,000 -- --
06/22/2021 06/22/21 Price Changed $235,000 -6.0% $63 / Sq Ft
06/04/2021 06/04/21 For Sale $250,000 +83.4% $67 / Sq Ft
10/01/2018 10/01/18 Sold $136,300 +1.0% $37 / Sq Ft
08/29/2018 08/29/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $134,900 0.0% $36 / Sq Ft
07/01/2017 07/01/17 Rented $1,100 0.0% --
06/28/2017 06/28/17 Under Contract -- -- --
01/30/2017 01/30/17 For Rent $1,100 -- --
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 $6,423 $104,650 $31,120 $73,530
2024 $6,423 $104,650 $31,120 $73,530
2023 $6,335 $104,650 $31,120 $73,530
2022 $6,303 $104,650 $31,120 $73,530
2021 $6,230 $104,650 $31,120 $73,530
2020 $6,121 $104,650 $31,120 $73,530
2019 $5,981 $104,650 $31,120 $73,530
2018 $4,252 $104,650 $31,120 $73,530
2017 $5,593 $104,650 $31,120 $73,530
2016 $5,552 $104,650 $31,120 $73,530
2015 $5,517 $104,650 $31,120 $73,530
2014 $5,517 $104,650 $31,120 $73,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC695850

Bright MLS

APN: 16-00-29360-009