NOT LISTED FOR SALE

Estimated Value: $123,000 - $204,000

-- Bed
3 Baths
-- Sq Ft
1,138 Sq Ft Lot

Last Sold September 13, 2018

Last sale price $125,900

Est. 36% increase in value since last sale

Current estimated payment $1,064/month

Highlights

  • No HOA
  • Heating System Uses Gas
  • 1-minute walk to Chestnut Street Park
  • En-Suite Primary Bedroom

About This Home

As of September 2018

Great investment with long term tenants!!! This package includes 3 parcels 501 King Tax Id 16-00-17912-009 this is 3/4 BR. 503 King St Tax Id 16-00-17916-005 this is 2 one BR units. 505 King is an extra income of $50 a month this is a parking lot rented to church across the street. All units are on separate heat and electric.

Last Agent to Sell the Property

Andrew Korkus

(610) 291-3769 AndrewKorkus@Korkus.com Coldwell Banker Realty Listed on: 04/04/2018

Coldwell Banker Realty

Last Buyer's Agent

Joseph O'Neill

(610) 724-4992 brian.oneill.jr@gmail.com Real of Pennsylvania

Real of Pennsylvania

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,682

Year Built

  • Built in 1825

Lot Details

  • 1,138

Parking

  • 5 Open Parking Spaces

Home Design

  • Triplex
  • Stucco

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • Laundry in unit
  • Partial Basement
  • 1,138 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Operating Expense $1,640

Listing and Financial Details

  • Tax Lot 086
  • Assessor Parcel Number 16-00-17916-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,682

Year Built

Built in 1825

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1825
  • Remarks Public: Great investment with long term tenants!!! This package includes 3 parcels 501 King Tax Id 16-00-17912-009 this is 3/4 BR. 503 King St Tax Id 16-00-17916-005 this is 2 one BR units. 505 King is an extra income of $50 a month this is a parking lot rented to church across the street. All units are on separate heat and electric.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Street Number Modifier: 503

Exterior Features

  • Construction Materials: Stucco
  • 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: 5

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • 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

  • School District: POTTSTOWN
  • School District Key: 300200397038

Lot Info

  • Land Use Code: 4100
  • Lot Size Acres: 0.03
  • Lot Dimensions: 26
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1138.00
  • Zoning: OR

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 25800.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 629926
  • Tax Annual Amount: 1682.00
  • Assessor Parcel Number: 16-00-17916-005
  • Tax Lot: 086
  • Tax Year: 2018
  • Close Date: 09/13/2018

MLS Schools

  • School District Name: POTTSTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2021
Sold by
Lxr Rs Vii Llc
Bought by
Lxr Rs Vii Llc
Current Estimated Value
$170,890

Purchase Details

Listed on
Apr 4, 2018
Closed on
Sep 12, 2018
Sold by
Kaufmann Kenneth L
Bought by
Lxr Rs Vii Llc
Seller's Agent
Andrew Korkus
Coldwell Banker Realty
Buyer's Agent
Joseph O'Neill
Real of Pennsylvania
List Price
$130,000
Sold Price
$125,900
Premium/Discount to List
-$4,100
-3.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.42%

Purchase Details

Closed on
Aug 22, 2003
Sold by
Zuber Richard A and Zuber Anita M
Bought by
Kaufmann Kenneth L

Purchase Details

Closed on
May 23, 1994
Sold by
Lyons Sharon E and Jackson Cheryl L
Bought by
Interfaith Community Development Corp

Purchase Details

Closed on
Apr 18, 1994
Sold by
Burgess & Town Council Of The Borough Of
Bought by
Interfaith Community Development Corp

Purchase Details

Closed on
Dec 30, 1993
Sold by
Interfaith Community Development Corp
Bought by
Steps Ltd Partnership
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
Lxr Rs Vii Llc -- None Listed On Document
Lxr Rs Vii Llc $125,900 None Available
Kaufmann Kenneth L $64,000 --
Interfaith Community Development Corp $15,000 --
Interfaith Community Development Corp $10,000 --
Interfaith Community Development Corp $20,000 --
Interfaith Community Development Corp $30,000 --
Steps Ltd Partnership $158,508 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2018 09/13/18 Sold $125,900 +0.8% --
08/19/2018 08/19/18 Pending -- -- --
07/26/2018 07/26/18 Price Changed $124,900 -3.9% --
04/04/2018 04/04/18 For Sale $130,000 -- --
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
2025 $1,842 $30,000 $10,000 $20,000
2024 $1,842 $30,000 $10,000 $20,000
2023 $1,816 $30,000 $10,000 $20,000
2022 $1,807 $30,000 $10,000 $20,000
2021 $1,786 $30,000 $10,000 $20,000
2020 $1,755 $30,000 $10,000 $20,000
2019 $1,715 $30,000 $10,000 $20,000
2018 $1,219 $30,000 $10,000 $20,000
2017 $1,603 $30,000 $10,000 $20,000
2016 $1,592 $30,000 $10,000 $20,000
2015 $1,591 $30,000 $10,000 $20,000
2014 $1,582 $30,000 $10,000 $20,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000342590

Bright MLS

APN: 16-00-17916-005