NOT LISTED FOR SALE

509 Glasgow St Pottstown, PA 19464

Estimated Value: $215,000 - $310,000

-- Bed
2 Baths
2,088 Sq Ft
$122/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $128,000 $61 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,656/month

21 Days on Market

Highlights

  • Colonial Architecture
  • Electric Baseboard Heater
  • 4-minute walk to Vine Street Park
  • No HOA

About This Home

As of May 2019

Fully rented residential duplex investment opportunity in West Pottsgrove with strong rental income.. Two 2-bedroom units on large level lot. Each apartment pays its own heat and electricity. On-site laundry facilities. Off-street parking. Convenient location. Pottsgrove School District.

Last Agent to Sell the Property

Brian Kelly

Kelly Real Estate, Inc. License #RM052045A Listed on: 03/14/2019

Last Buyer's Agent

Lisa Tartaglia

Silverstone Real Estate LLC License #RM425477

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 9,288 Sq Ft Lot
  • Lot Dimensions are 79.00 x 0.00

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,088 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 003
  • Assessor Parcel Number 64-00-01672-001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Insurance Expense $1,500
  • Other Expense $2,000
  • Net Operating Income $15,330

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenants' Possessions
  • Home Warranty: No
  • New Construction: No
  • Other Expense: 2000.00
  • Year Built: 1900
  • Remarks Public: Fully rented residential duplex investment opportunity in West Pottsgrove with strong rental income.. Two 2-bedroom units on large level lot. Each apartment pays its own heat and electricity. On-site laundry facilities. Off-street parking. Convenient location. Pottsgrove School District.
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2088
  • Living Area Sq Ft: 2088
  • Price Per Sq Ft: 62.21
  • Above Grade Finished Sq Ft: 2088
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 509

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Electric Service: Circuit Breakers
  • 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: POTTSGROVE
  • School District Key: 300200397159
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1132
  • Lot Size Acres: 0.21
  • Lot Dimensions: 79.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9288.00
  • Year Assessed: 2020
  • Zoning: R3

Rental Info

  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 856647
  • School Tax: 2934.00
  • Tax Annual Amount: 3427.00
  • Assessor Parcel Number: 64-00-01672-001
  • Tax Lot: 003
  • Tax Total Finished Sq Ft: 2088
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2020
  • Close Date: 05/31/2019

Multi Family

  • Gross Income: 22200.00
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: POTTSGROVE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2019
Closed on
May 30, 2019
Sold by
Kreger Bryan A
Bought by
Hibbets Arthur J
Seller's Agent
Brian Kelly
Kelly Real Estate, Inc.
Buyer's Agent
Lisa Tartaglia
Silverstone Real Estate LLC
List Price
$129,900
Sold Price
$128,000
Premium/Discount to List
-$1,900
-1.46%
Total Days on Market
21
Current Estimated Value
$254,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,661
Avg. Annual Appreciation
12.14%
Original Mortgage
$96,000
Outstanding Balance
$85,276
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$169,570

Purchase Details

Closed on
Dec 15, 1994
Sold by
Rinehart Les W and Rinehart Karen
Bought by
Kreger Bryan A
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
Hibbets Arthur J $128,000 None Available
Kreger Bryan A $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hibbets Arthur J $96,000
Previous Owner Kreger Bryan A $89,600
Previous Owner Kreger Bryan A $110,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $128,000 +13373.7% $61 / Sq Ft
04/04/2019 04/04/19 Pending -- -- --
04/01/2019 04/01/19 Rented $950 -99.3% --
03/18/2019 03/18/19 Under Contract -- -- --
03/14/2019 03/14/19 For Sale $129,900 0.0% $62 / Sq Ft
02/21/2019 02/21/19 For Rent $950 +19.5% --
07/01/2017 07/01/17 Rented $795 -6.5% --
06/12/2017 06/12/17 Under Contract -- -- --
04/01/2017 04/01/17 For Rent $850 -- --
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 $3,662 $76,230 $35,380 $40,850
2023 $3,546 $76,230 $35,380 $40,850
2022 $3,491 $76,230 $35,380 $40,850
2021 $3,440 $76,230 $35,380 $40,850
2020 $3,389 $76,230 $35,380 $40,850
2019 $3,370 $76,230 $35,380 $40,850
2018 $3,371 $76,230 $35,380 $40,850
2017 $3,359 $76,230 $35,380 $40,850
2016 $3,330 $76,230 $35,380 $40,850
2015 $3,213 $76,230 $35,380 $40,850
2014 $3,213 $76,230 $35,380 $40,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC555578

Bright MLS

APN: 64-00-01672-001