NOT LISTED FOR SALE

534A Maple St Warminster, PA 18974

Estimated Value: $425,531 - $557,000

Studio
2 Baths
1,904 Sq Ft
$254/Sq Ft Est. Value

Last Sold April 01, 2024

Last sale price $475,000 $249 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,008/month

1 Day on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • Level Lot

About This Home

As of April 2024

Warminster investment opportunity! This renovated duplex features two units, each with a modern kitchen, living room, two bedrooms, and a bathroom. The ground floor is ready for occupancy or rental, while the upper unit currently rents for $1,800/month, providing immediate income. Both units have undergone significant upgrades (upper unit in 2021 and lower unit in 2024), including new kitchens and bathrooms, ensuring low maintenance. With separate utilities and laundry facilities for each unit, the property promises ease of management. Finally, a divided basement provides storage and laundry space for both units. Located in a desirable neighborhood close to essential amenities, it appeals to a broad tenant base. This duplex represents an excellent addition to any investment portfolio, combining income generation with potential for capital appreciation. Investors are encouraged to explore this turnkey property for a strategic investment in a sought-after area.

Last Agent to Sell the Property

Michael Zanolli

(215) 485-2059 mzanolli@kw.com Keller Williams Real Estate-Montgomeryville License #RS328980 Listed on: 02/15/2024

Keller Williams Real Estate-Montgomeryville

Last Buyer's Agent

Christina Bachinsky

(215) 971-5869 cbachinsky@kw.com Keller Williams Real Estate-Langhorne

Keller Williams Real Estate-Langhorne

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,686

Year Built

  • Built in 1961

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are x 165.00
  • Level Lot

Home Design

  • Duplex
  • Colonial Architecture
  • Block Foundation
  • Pitched Roof
  • Shingle Roof
  • Masonry

Interior Spaces

  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for lawn/shrub care, real estate taxes
  • Tax Lot 225-001
  • Assessor Parcel Number 49-015-225-001

Community Details

Overview

  • 2 Units
  • Speedway Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,686

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenant's personal property
  • Historic: No
  • Inclusions: Upper unit refrigerator, window a/c units
  • New Construction: No
  • Expected On Market: 2024-02-15
  • Year Built: 1961
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2856
  • Living Area Sq Ft: 1904
  • Price Per Sq Ft: 236.34
  • Above Grade Finished Sq Ft: 1904
  • Below Grade Sq Ft: 952
  • Total Below Grade Sq Ft: 952
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Roof: Shingle, Pitched
  • 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: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.38
  • Lot Dimensions: x 165.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16500.00
  • Zoning: R3

Rental Info

  • Existing Lease Type: Gross
  • Ground Rent Exists: No
  • Owner Pays: Lawn/Shrub Care, Taxes - Real Estate
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • School Tax: 4339.00
  • Tax Annual Amount: 5686.00
  • Assessor Parcel Number: 49-015-225-001
  • Tax Lot: 225-001
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: CENTENNIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Mar 13, 2024
Sold by
Young Joseph and Snyder Anthony
Bought by
2Ct Properties Llc
Seller's Agent
Michael Zanolli
Keller Williams Real Estate-Montgomeryville
Buyer's Agent
Christina Bachinsky
Keller Williams Real Estate-Langhorne
List Price
$450,000
Sold Price
$475,000
Premium/Discount to List
$25,000
5.56%
Views
110
Current Estimated Value
$483,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,883
Avg. Annual Appreciation
1.04%
Original Mortgage
$470,000
Outstanding Balance
$462,571
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$21,312

Purchase Details

Closed on
Mar 8, 2017
Sold by
Synder Joanne and Levin Joanne
Bought by
Young Joseph and Syders Anthony

Purchase Details

Closed on
Oct 18, 2016
Sold by
Snyder Joanne and Levin Joanne
Bought by
Young Joseph
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
2Ct Properties Llc $475,000 Bucks County Abstract Services
Young Joseph -- None Available
Young Joseph -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2Ct Properties Llc $470,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2024 04/01/24 Sold $475,000 +5.6% $249 / Sq Ft
02/17/2024 02/17/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $450,000 0.0% $236 / Sq Ft
10/15/2022 10/15/22 Rented $1,800 0.0% --
10/01/2022 10/01/22 Under Contract -- -- --
09/13/2022 09/13/22 For Rent $1,800 -- --
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 $5,741 $27,200 $4,680 $22,520
2024 $5,741 $27,200 $4,680 $22,520
2023 $5,564 $27,200 $4,680 $22,520
2022 $5,445 $27,200 $4,680 $22,520
2021 $5,318 $27,200 $4,680 $22,520
2020 $5,244 $27,200 $4,680 $22,520
2019 $4,965 $27,200 $4,680 $22,520
2018 $4,847 $27,200 $4,680 $22,520
2017 $4,704 $27,200 $4,680 $22,520
2016 $4,704 $27,200 $4,680 $22,520
2015 $5,124 $27,200 $4,680 $22,520
2014 $5,124 $27,200 $4,680 $22,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2064724

Bright MLS

APN: 49-015-225-001