NOT LISTED FOR SALE

534 Keystone Dr Sellersville, PA 18960

Estimated Value: $367,000 - $505,000

-- Bed
2 Baths
2,080 Sq Ft
$202/Sq Ft Est. Value

Last Sold December 20, 2018

Last sale price $285,000 $137 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,576/month

6 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • En-Suite Primary Bedroom
  • No HOA
  • Oversized Parking
  • Baseboard Heating

About This Home

As of December 2018

Fully occupied and cashflowing Duplex on an acre+ flag lot in desirable Hilltown Twp. Oversized 2 car Garage, rented for $300/mo. Both units are 2BR's and 1 Full BA. Fantastic opportunity to just make money, or live in one unit and rent out the other. Upstairs unit has finished wood flooring throughout, a built in woodstove in the LR to help supplement the heat, along with a spacious rear Deck overlooking the Bucolic Country setting. Utilities paid by tenants. Owner pays small portion of oil and Garage Electric. Well water with Public Sewer. Beautiful private setting, so you have no problem finding and retaining tenants. Both units have their own laundry hookups, and separate Hot Water Heaters.

Last Agent to Sell the Property

Peter Cerruti

RE/MAX 440 - Quakertown License #RS219840L Listed on: 11/05/2018

Last Buyer's Agent

Peggie Lutz

Weichert Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,369

Year Built

  • Built in 1940

Lot Details

  • 1.51

Parking

  • 2 Car Detached Garage
  • 4 Open Parking Spaces
  • Oversized Parking
  • Parking Storage or Cabinetry

Home Design

  • 2,080 Sq Ft Home
  • Duplex
  • Metal Roof
  • Aluminum Siding
  • Stone Siding

Flooring

  • Wood
  • Wall to Wall Carpet

Schools

  • Pennridge High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Electric Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • 1.51 Acre Lot

Listing and Financial Details

  • Tax Lot 001-005
  • Assessor Parcel Number 15-006-001-005

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $300
  • Insurance Expense $1,265
  • Maintenance Expense $1,200
  • Operating Expense $6,434

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,369

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Garage
  • Year Built: 1940
  • Remarks Public: Fully occupied and cashflowing Duplex on an acre+ flag lot in desirable Hilltown Twp. Oversized 2 car Garage, rented for $300/mo. Both units are 2BR's and 1 Full BA. Fantastic opportunity to just make money, or live in one unit and rent out the other. Upstairs unit has finished wood flooring throughout, a built in woodstove in the LR to help supplement the heat, along with a spacious rear Deck overlooking the Bucolic Country setting. Utilities paid by tenants. Owner pays small portion of oil and Garage Electric. Well water with Public Sewer. Beautiful private setting, so you have no problem finding and retaining tenants. Both units have their own laundry hookups, and separate Hot Water Heaters.
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Fully Carpeted
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 2080
  • Living Area Sq Ft: 2080
  • Price Per Sq Ft: 137.02
  • Above Grade Finished Sq Ft: 2080
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 534

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Stone
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 4
  • Garage Features: Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage

Utilities

  • Annual Heating Expense: 300.00
  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Expense: 300.00
  • Electric Service: Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Oil, Hot Water, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: PENNRIDGE
  • High School: PENNRIDGE
  • School District Key: 300200397141
  • High School: PENNRIDGE

Lot Info

  • Improvement Assessed Value: 14680.00
  • Land Assessed Value: 5320.00
  • Land Use Code: 1012
  • Lot Size Acres: 1.51
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 65950.00
  • Zoning: RR

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 30300.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 76103
  • Tax Annual Amount: 3369.00
  • Assessor Parcel Number: 15-006-001-005
  • Tax Lot: 001-005
  • Tax Year: 2018
  • Close Date: 12/20/2018

MLS Schools

  • School District Name: PENNRIDGE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2018
Closed on
Dec 27, 2018
Sold by
Rpm1 Llc
Bought by
Concordia Vlncent A and Keefe Rachel
Seller's Agent
Peter Cerruti
RE/MAX 440 - Quakertown
Buyer's Agent
Peggie Lutz
Weichert Realtors
List Price
$285,000
Sold Price
$285,000
Current Estimated Value
$423,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,628
Avg. Annual Appreciation
5.94%
Original Mortgage
$224,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 25, 2017
Closed on
Jun 7, 2017
Sold by
Honda Morris David and Honda Morris
Bought by
Rpm1 Llc
Seller's Agent
Thomas Loughridge
RE/MAX 440 - Perkasie
Buyer's Agent
Peter Cerruti
RE/MAX 440 - Quakertown
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%

Purchase Details

Closed on
Jun 18, 2010
Sold by
Green David
Bought by
Morris David and Morris Rhonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,930
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 24, 1992
Bought by
Green David
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
Concordia Vlncent A $285,000 None Available
Rpm1 Llc $260,000 Camelot Abstract
Morris David $231,000 None Available
Green David $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Concordia Vincent A $118,000
Open Ccncordia Vincent A $243,750
Closed Concordia Vlncent A $224,000
Previous Owner Rpm1 Llc $208,000
Previous Owner Morris David $227,930
Previous Owner Green David $130,000
Previous Owner Green David $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2018 12/20/18 Sold $285,000 0.0% $137 / Sq Ft
11/11/2018 11/11/18 Pending -- -- --
11/05/2018 11/05/18 For Sale $285,000 0.0% $137 / Sq Ft
09/23/2017 09/23/17 Rented $1,300 0.0% --
09/15/2017 09/15/17 Under Contract -- -- --
09/01/2017 09/01/17 For Rent $1,300 0.0% --
06/30/2017 06/30/17 Sold $260,000 -3.3% $125 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
04/11/2017 04/11/17 Price Changed $269,000 -2.2% $129 / Sq Ft
02/16/2017 02/16/17 For Sale $275,000 0.0% $132 / Sq Ft
02/16/2017 02/16/17 Pending -- -- --
01/25/2017 01/25/17 For Sale $275,000 -- $132 / 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 $3,429 $20,000 $5,320 $14,680
2024 $3,429 $20,000 $5,320 $14,680
2023 $3,389 $20,000 $5,320 $14,680
2022 $3,389 $20,000 $5,320 $14,680
2021 $3,389 $20,000 $5,320 $14,680
2020 $3,389 $20,000 $5,320 $14,680
2019 $3,369 $20,000 $5,320 $14,680
2018 $3,369 $20,000 $5,320 $14,680
2017 $3,344 $20,000 $5,320 $14,680
2016 $3,344 $20,000 $5,320 $14,680
2015 -- $20,000 $5,320 $14,680
2014 -- $20,000 $5,320 $14,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU100830

Bright MLS

APN: 15-006-001-005