NOT LISTED FOR SALE

Estimated Value: $223,000 - $251,484

-- Bed
2 Baths
1,938 Sq Ft
$123/Sq Ft Est. Value

Last Sold July 11, 2023

Last sale price $215,000 $111 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,522/month

1 Day on Market

Highlights

  • Colonial Architecture
  • Property is in very good condition
  • 2-minute walk to Chestnut Street Park
  • Forced Air Heating System

About This Home

As of July 2023

FULLY RENTED DUPLEX, LOTS OF UPGRADES, OFF STREET PARKING SPOT! Welcome to 555 King Street, a well cared for DUPLEX in Pottstown borough . This duplex has seen many recent renovations and upgrades! The current owner installed a new hot water heater in each unit and new HVAC in each unit after purchasing a few years ago. The first floor unit has two bedrooms and one bathroom. The top two stories contain the second unit which is larger and also contains two bedrooms and one bathroom. This home would be great for an owner occupant that wants the tenant in the other unit to pay most or all of their mortgage, or for an investor looking for a good long term investment in a hot location. This home will sell FAST so do not hesitate to come check it out, MAKE AN OFFER, and claim it as your own! Priced to move, you can see this property by appointment with 24 hours notice.

Last Agent to Sell the Property

Ron Vogel

RE/MAX Achievers-Collegeville License #RS333382 Listed on: 06/08/2023

RE/MAX Achievers-Collegeville

Last Buyer's Agent

Ron Vogel

RE/MAX Achievers-Collegeville License #RS333382 Listed on: 06/08/2023

RE/MAX Achievers-Collegeville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,241

Year Built

  • Built in 1900 | Remodeled in 2014

Lot Details

  • 4,060 Sq Ft Lot
  • Lot Dimensions are 29.00 x 0.00
  • Property is in very good condition

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • Unfinished Basement
  • Exterior Basement Entry

Parking

  • 1 Parking Space
  • 1 Driveway Space
  • On-Street Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 16-00-17984-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,241

Year Built

Built in 1900 | Remodeled in 2014

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Year Renovated: 2014
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Outside Entrance, Unfinished
  • Total Sq Ft: 2638
  • Living Area Sq Ft: 1938
  • Price Per Sq Ft: 103.15
  • Above Grade Finished Sq Ft: 1938
  • Below Grade Sq Ft: 700
  • Total Below Grade Sq Ft: 700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 555

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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: Driveway, On Street
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: POTTSTOWN
  • School District Key: 300200397038
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 1132
  • Lot Size Acres: 0.09
  • Lot Dimensions: 29.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4060.00
  • Property Condition: Very Good, Good, Average
  • Year Assessed: 2023
  • Zoning: .

Rental Info

  • Existing Lease Type: Month To Month
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 2257.00
  • Tax Annual Amount: 3241.00
  • Assessor Parcel Number: 16-00-17984-009
  • Tax Lot: 38
  • Tax Total Finished Sq Ft: 1938
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 07/11/2023

MLS Schools

  • School District Name: POTTSTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2014
Closed on
Dec 22, 2014
Sold by
Freddie Mac
Bought by
Markle Robert and Chendorian Shannon
Seller's Agent
Richard Sachetta
Bold Realty
Buyer's Agent
Mark Lowe
Century 21 Gold
List Price
$44,900
Sold Price
$42,500
Premium/Discount to List
-$2,400
-5.35%
Current Estimated Value
$226,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,608
Avg. Annual Appreciation
17.49%

Purchase Details

Closed on
Sep 30, 2014
Sold by
Rechkemmer Mark
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 13, 2007
Sold by
Chillano Karen
Bought by
Rechkemmer Mark

Purchase Details

Closed on
Jul 12, 2005
Sold by
Powers Carolyn D
Bought by
Chillano Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
9.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2004
Sold by
Power Houses Llc
Bought by
Powers Carolyn D

Purchase Details

Closed on
Oct 7, 2003
Sold by
Bank Of Ny Tr
Bought by
Power Houses Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,057
Interest Rate
6.01%

Purchase Details

Closed on
Apr 10, 2002
Sold by
Ryman Lisa Lord
Bought by
Lord Thomas E
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
Markle Robert $42,500 None Available
Federal Home Loan Mortgage Corporation -- None Available
Rechkemmer Mark $77,000 None Available
Chillano Karen $137,750 --
Powers Carolyn D $91,442 --
Power Houses Llc $52,000 --
Lord Thomas E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramsay Quentin $211,105
Previous Owner Rechkemmer Mark $94,550
Previous Owner Rechkemmer Mark $93,750
Previous Owner Chillano Karen $117,000
Previous Owner Powers Carolyn D $82,297
Previous Owner Power Houses Llc $61,057
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2023 07/11/23 Sold $215,000 +7.6% $111 / Sq Ft
06/08/2023 06/08/23 For Sale $199,900 +370.4% $103 / Sq Ft
01/16/2015 01/16/15 Sold $42,500 -5.3% $22 / Sq Ft
12/08/2014 12/08/14 Pending -- -- --
10/29/2014 10/29/14 For Sale $44,900 -- $23 / 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
2024 $3,271 $53,300 -- --
2023 $3,227 $53,300 $0 $0
2022 $3,210 $53,300 $0 $0
2021 $3,173 $53,300 $0 $0
2020 $3,118 $53,300 $0 $0
2019 $3,046 $53,300 $0 $0
2018 $2,165 $53,300 $0 $0
2017 $2,848 $53,300 $0 $0
2016 $2,827 $53,300 $0 $0
2015 $2,810 $53,300 $0 $0
2014 $2,810 $53,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2074798

Bright MLS

APN: 16-00-17984-009