NOT LISTED FOR SALE

518 W 3rd St Lansdale, PA 19446

Estimated Value: $327,000 - $363,000

-- Bed
2 Baths
1,680 Sq Ft
$207/Sq Ft Est. Value

Last Sold April 15, 2014

Last sale price $188,000 $112 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,167/month

19 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Wall to Wall Carpet
  • Oak Park El School Rated A-

About This Home

As of April 2014

Low maintenance Duplex in the Borough of Lansdale. Newer roof 1yr new. Walking distance to shopping and public transportation. All separate utilities - tenants pay elec, water and sewer. Owner pays lawn care and maintenance. Great investment or live in one and other pays the mortgage. Plenty of parking on and off street.

Last Agent to Sell the Property

Bruce Hengey

(215) 704-6385 bhengey2@gmail.com EXP Realty, LLC Listed on: 01/30/2014

EXP Realty, LLC

Last Buyer's Agent

Robert Dietterich

remaxrob1@comcast.net RE/MAX Reliance

RE/MAX Reliance

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,788

Year Built

  • Built in 1984

Lot Details

  • 4,736 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • Wall to Wall Carpet
  • Laundry in unit

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot

Schools

  • North Penn Senior High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 050
  • Assessor Parcel Number 11-00-16581-004

Community Details

Overview

  • No Home Owners Association
  • Lansdale Subdivision

Building Details

  • Maintenance Expense $1,561
  • Operating Expense $4,349

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,788

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: Washer/Dryer 2nd Fl Unit
  • New Construction: No
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Slab
  • Room List: Primary Bedroom
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1680
  • Living Area Sq Ft: 1680
  • Price Per Sq Ft: 122.02
  • Above Grade Finished Sq Ft: 1680
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Roof: Shingle
  • 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: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Electric, Baseboard
  • 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

  • High School: NORTH PENN SENIOR

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 32
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4736.00
  • Property Condition: Good
  • Zoning: B

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 18960.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 610496
  • Tax Annual Amount: 2788.00
  • Assessor Parcel Number: 11-00-16581-004
  • Tax Lot: 050
  • Tax Year: 2014

MLS Schools

  • School District Name: NORTH PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2014
Closed on
Apr 11, 2014
Sold by
Heebner R Jan
Bought by
Chan Joseph C and Li Qin Q
Seller's Agent
Bruce Hengey
EXP Realty, LLC
Buyer's Agent
Robert Dietterich
RE/MAX Reliance
List Price
$205,000
Sold Price
$188,000
Premium/Discount to List
-$17,000
-8.29%
Current Estimated Value
$348,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,732
Avg. Annual Appreciation
5.40%
Original Mortgage
$88,000
Outstanding Balance
$26,374
Interest Rate
4.26%
Mortgage Type
New Conventional
Estimated Equity
$320,972

Purchase Details

Closed on
Jul 10, 1995
Sold by
Young James E and Young Barbara D
Bought by
Heebner John K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chan Joseph C $188,000 First American Title Insuran
Heebner John K $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Joseph C $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2014 04/15/14 Sold $188,000 -8.3% $112 / Sq Ft
02/18/2014 02/18/14 Pending -- -- --
01/30/2014 01/30/14 For Sale $205,000 -- $122 / 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 $3,994 $94,960 $26,100 $68,860
2024 $3,994 $94,960 $26,100 $68,860
2023 $3,737 $94,960 $26,100 $68,860
2022 $3,618 $94,960 $26,100 $68,860
2021 $3,470 $94,960 $26,100 $68,860
2020 $3,366 $94,960 $26,100 $68,860
2019 $5,010 $94,960 $26,100 $68,860
2018 $887 $94,960 $26,100 $68,860
2017 $3,090 $94,960 $26,100 $68,860
2016 $3,052 $94,960 $26,100 $68,860
2015 $2,832 $94,960 $26,100 $68,860
2014 $2,832 $94,960 $26,100 $68,860
Source: Public Records

Agents Affiliated with this Home

  • Bruce Hengey

    Seller's Agent in 2014

    Bruce Hengey

    EXP Realty, LLC

    (215) 704-6385

    2 Total Sales

    Bruce Hengey
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Map

Source: Bright MLS

MLS Number: 1002793562

Bright MLS

APN: 11-00-16581-004

Pennsylvania Montgomery County Lansdale 19446

518 W 3rd St, Lansdale, PA

Not Listed for Sale

MultiFamily

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