NOT LISTED FOR SALE

516 Arch St Perkasie, PA 18944

East Rockhill Neighborhood
-- Bed
-- Bath
1,667 Sq Ft
3,625 Sq Ft Lot

Last Sold September 16, 2022

Last sale price $377,000 $226 Per Sq Ft

70 Days on Market

Highlights

  • Wood Flooring
  • Summer or Winter Changeover Switch For Hot Water
  • Hot Water Heating System
  • Victorian Architecture

About This Home

As of September 2022

Perkasie Borough Triplex. Two Buildings. Original Brick dwelling has been converted into two unit property. The first floor contains one BR, one Bath, Living Room, kitchen and Laundry Room. The second floor is a two bedroom with one full bath, Living Room and Kitchen. The property has a detached rear garage that was converted into a living unit with one bedroom kitchenette Living area and full bath. Access to this unit is from the rear alley. Property has one heating unit for main dwelling and efficiency unit has electric heat. Landlord is responsible for heat in main building, taxes, insurance and water/sewer. Each unit has own electric supply. Great investment or perfect for someone to live in one unit and collect rent from others. Showings require 24 hr notice. Income/Expense sheet attached in Documents.

Last Agent to Sell the Property

Todd Baringer

Real Estate Excel-The Baringer Group LTD Listed on: 06/02/2022

Co-Listed By

Jeanette Baringer

Real Estate Excel-The Baringer Group LTD License #RS321967

Last Buyer's Agent

John Zygmont

Class-Harlan Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,099

Year Built

  • Built in 1900

Lot Details

  • 3,625 Sq Ft Lot
  • Lot Dimensions are 25.00 x 145.00
  • Property is in good condition

Home Design

  • Triplex
  • Victorian Architecture
  • Stone Foundation
  • Plaster Walls
  • Architectural Shingle Roof
  • Masonry

Interior Spaces

  • 1,667 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Parking

  • 1 Parking Space
  • 1 Off-Street Space
  • On-Street Parking

Schools

  • Pennrdige High School

Utilities

  • Hot Water Heating System
  • Electric Baseboard Heater
  • 100 Amp Service
  • Summer or Winter Changeover Switch For Hot Water
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for gas, heat, insurance, lawn/shrub care, repairs, sewer, real estate taxes, water
  • Tax Lot 541
  • Assessor Parcel Number 33-005-541

Community Details

Overview

  • 3 Units
  • 3-Story Building

Building Details

  • Insurance Expense $2,000
  • Maintenance Expense $2,500
  • Operating Expense $7,328

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,099

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
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Remarks Public: Perkasie Borough Triplex. Two Buildings. Original Brick dwelling has been converted into two unit property. The first floor contains one BR, one Bath, Living Room, kitchen and Laundry Room. The second floor is a two bedroom with one full bath, Living Room and Kitchen. The property has a detached rear garage that was converted into a living unit with one bedroom kitchenette Living area and full bath. Access to this unit is from the rear alley. Property has one heating unit for main dwelling and efficiency unit has electric heat. Landlord is responsible for heat in main building, taxes, insurance and water/sewer. Each unit has own electric supply. Great investment or perfect for someone to live in one unit and collect rent from others. Showings require 24 hr notice. Income/Expense sheet attached in Documents.
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Vinyl, Laminated, Hardwood
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls, Dry Wall
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1667
  • Living Area Sq Ft: 1667
  • Price Per Sq Ft: 245.89
  • Above Grade Finished Sq Ft: 1667
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 516

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, On Street
  • Off Street Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: PENNRIDGE
  • High School: PENNRDIGE
  • High School Source: Listing Agent
  • School District Key: 300200397141
  • School District Source: Listing Agent
  • High School: PENNRDIGE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 20400.00
  • Land Assessed Value: 3720.00
  • Land Use Code: 1011
  • Lot Size Acres: 0.08
  • Lot Dimensions: 25.00 x 145.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3625.00
  • Property Condition: Good
  • Year Assessed: 2022
  • Zoning: R2
  • Zoning Description: R2-residentail

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Ground Rent Exists: No
  • Owner Pays: Gas, Heat, Insurance, Lawn/Shrub Care, Repairs, Sewer, Taxes - Real Estate, Water
  • Rent Control: No
  • Total Actual Rent: 29400.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 155766
  • School Tax: 3262.00
  • Tax Annual Amount: 4099.00
  • Assessor Parcel Number: 33-005-541
  • Tax Lot: 541
  • Tax Total Finished Sq Ft: 1667
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 09/16/2022

Multi Family

  • Gross Income: 29400.00
  • Operating Expense: 7328.00

MLS Schools

  • School District Name: PENNRIDGE

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $377,000 -8.0% $226 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
07/07/2022 07/07/22 Price Changed $409,900 -8.7% $246 / Sq Ft
06/02/2022 06/02/22 For Sale $449,000 -- $269 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Todd Baringer

    Seller's Agent in 2022

    Todd Baringer

    Real Estate Excel-The Baringer Group LTD

    (610) 360-9572

    2 in this area

    37 Total Sales

    Section Image
  • Jeanette Baringer

    Seller Co-Listing Agent in 2022

    Jeanette Baringer

    Real Estate Excel-The Baringer Group LTD

    (610) 392-2532

    3 in this area

    32 Total Sales

    Section Image

  • J

    Buyer's Agent in 2022

    John Zygmont

    Class-Harlan Real Estate, LLC

    (267) 495-9005

    2 in this area

    41 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: PABU2028386

Bright MLS

APN: 33-005-541

Pennsylvania Bucks County Perkasie 18944 East Rockhill

516 Arch St, Perkasie, PA

This home is located at 516 Arch St, Perkasie, PA 18944 since 02 June 2022. This property was built in 1900. 516 Arch St is a home located in Bucks County with nearby schools including Pennridge High School, Upper Bucks Christian School, and Community Service Foundation.

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