NOT LISTED FOR SALE

59 N Main St Phoenixville, PA 19460

Estimated Value: $514,303

-- Bed
3 Baths
4,140 Sq Ft
$124/Sq Ft Est. Value

Last Sold July 29, 2014

Last sale price $290,000 $70 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,192/month

Highlights

  • Wood Flooring
  • No HOA
  • Radiator
  • Phoenixville Area High School Rated A-
  • Ceiling Fan

About This Home

As of July 2014

Fantastic Opportunity to own a fully rented 4 Unit Brick Property with Storefront overlooking fabulous Downtown Phoenixville! This property features a 1st floor vibrant storefront with great visibility as well as a 1 bedroom/1 bath unit, 3 bedroom/1 bath unit and beautiful 2 story rear 3 bedroom/1 bath unit with a private fenced courtyard! There is also a walk up attic space that could be finished into a 5th unit efficiency apartment (with borough approval). This property has great rental income. Live in one and rent all the others. Situated on top of the hill overlooking Downtown Phoenixville and next to a wonderful newly renovated park. Lots of charm in this large brick property including very high ceilings, large windows providing an abundance of light through each unit, curved doorways, built-ins, unique trim and much more. Newer roof.Unlimited potential in this fantastic property. Turn key and ready to go! Tenants pay all utilities. Can be sold in conjunction with 226 High Street.

Last Agent to Sell the Property

Jennifer Daywalt

(610) 999-7693 sellinghomesjenn@aol.com Better Homes and Gardens Real Estate Phoenixville Listed on: 06/05/2014

Better Homes and Gardens Real Estate Phoenixville

Last Buyer's Agent

Suzanne Norris

(610) 608-9696 suzanne.norris@century21.com Century 21 Norris-Valley Forge License #AB049653L

Century 21 Norris-Valley Forge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,872

Year Built

  • Built in 1900

Lot Details

  • 3,721 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 4,140 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storage In Attic
  • Laundry in unit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Heating System Uses Gas
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Operating Expense $4,840

Listing and Financial Details

  • Tax Lot 0612
  • Assessor Parcel Number 15-05 -0612

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,872

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer, Fridge In Each Unit
  • New Construction: No
  • Storage: Basement, Attic
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Ceiling Fan(s), Window Treatments, Store/Office
  • Fireplace: No
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 4140
  • Living Area Sq Ft: 4140
  • Price Per Sq Ft: 79.69
  • Above Grade Finished Sq Ft: 4140
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 103470.00
  • Land Assessed Value: 23730.00
  • Lot Size Acres: 0.09
  • Lot Dimensions: .09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3721.00
  • Property Condition: Good
  • Zoning: NCR1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 38472.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 238332
  • Tax Annual Amount: 4872.00
  • Assessor Parcel Number: 15-05 -0612
  • Tax Lot: 0612
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2014
Closed on
Jul 29, 2014
Sold by
Hollis Properties Llc
Bought by
Jjt Real Estate Llc
Seller's Agent
Jennifer Daywalt
Better Homes and Gardens Real Estate Phoenixville
Buyer's Agent
Suzanne Norris
Century 21 Norris-Valley Forge
List Price
$329,900
Sold Price
$290,000
Premium/Discount to List
-$39,900
-12.09%
Current Estimated Value
$514,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,303
Avg. Annual Appreciation
5.20%
Original Mortgage
$217,500
Outstanding Balance
$166,276
Interest Rate
4.18%
Mortgage Type
Commercial
Estimated Equity
$348,027

Purchase Details

Closed on
Aug 26, 1999
Sold by
Granger Development Corp
Bought by
Looper Jonathan W and Leidy Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,400
Interest Rate
7.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 3, 1996
Sold by
Costa David and Costa Mario
Bought by
Granger Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.89%
Mortgage Type
Commercial
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
Jjt Real Estate Llc $290,000 None Available
Looper Jonathan W $121,500 --
Granger Development Corp $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jjt Real Estate Llc $217,500
Previous Owner Looper Jonathan W $121,400
Previous Owner Granger Development Corp $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2014 07/29/14 Sold $290,000 -12.1% $70 / Sq Ft
06/22/2014 06/22/14 Pending -- -- --
06/05/2014 06/05/14 For Sale $329,900 -- $80 / 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 $5,838 $127,200 $23,730 $103,470
2024 $5,838 $127,200 $23,730 $103,470
2023 $5,709 $127,200 $23,730 $103,470
2022 $5,622 $127,200 $23,730 $103,470
2021 $5,542 $127,200 $23,730 $103,470
2020 $5,317 $127,200 $23,730 $103,470
2019 $5,219 $127,200 $23,730 $103,470
2018 $5,070 $127,200 $23,730 $103,470
2017 $4,992 $127,200 $23,730 $103,470
2016 $504 $127,200 $23,730 $103,470
2015 $504 $127,200 $23,730 $103,470
2014 $504 $127,200 $23,730 $103,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002959604

Bright MLS

APN: 15-005-0612.0000