Seller's Agent in 2020
Jim Marks
Springer Realty Group
(484) 985-9494
1 in this area
78 Total Sales
601 Bridge St Spring City, PA 19475
East Vincent Township NeighborhoodEstimated Value: $445,000 - $686,620
--
Bed
4
Baths
4,445
Sq Ft
$122/Sq Ft
Est. Value
Highlights
- 1.4 Acre Lot
- Transitional Architecture
- Circular Driveway
- East Coventry Elementary School Rated A
- No HOA
- 2 Car Detached Garage
About This Home
As of November 2020Spring City is becoming the next Phoenixville and now is your chance to get into the surging rental market by purchasing this very large and uniquely designed triplex on West Bridge Street. The original building was constructed in 1870 and still has some remarkable charm, especially in the upper unit which has a two-story cathedral living room ceiling, a stone fireplace, 3 spacious bedrooms, and 2 full baths including one in the master bedroom. The First-floor unit has a similar floor plan but without the two-story living room. Lots of potential and possibilities with this property including possible rental income from an oversized two car detached garage. Whether you strive for maximum rental income or just want to offset your living expenses while living at the property, this purchase gives you many options. The building needs some repairs, updating, and improvements but is in overall adequate condition and won t take much effort to make this investment successful. Now is the time to enter the up and coming Spring City real estate market. A virtual tour is available on our YouTube channel at https://youtu.be/cznWoojyp7E Home is being sold AS IS. All properties sold "As-Is" without any guarantee or warranty. Purchaser is responsible for costs related to having utilities turned on for inspections when authorized. Municipalities requiring Use & Occupancy (U&O) inspections are at the purchaser's expense. Equal Housing Opportunity Property.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1870
Lot Details
- 1.4
Parking
- 2 Car Detached Garage
- 4 Driveway Spaces
- Oversized Parking
- Parking Storage or Cabinetry
- Front Facing Garage
- Circular Driveway
Home Design
- Duplex
- Transitional Architecture
- Shingle Roof
- Stucco
Interior Spaces
- 4,445 Sq Ft Home
- Basement Fills Entire Space Under The House
Flooring
- Carpet
- Vinyl
Utilities
- Central Air
- Heating System Uses Oil
- Hot Water Heating System
- Electric Water Heater
- On Site Septic
Additional Features
- 1.4 Acre Lot
- Suburban Location
Listing and Financial Details
- Tax Lot 0150.02A0
- Assessor Parcel Number 21-01 -0150.02A0
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Vacant Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 2, 2020
Closed on
Nov 18, 2020
Sold by
Us Bank Natioal Association
Bought by
Mh Real Estate Holdings Llc
Seller's Agent
Jim Marks
Springer Realty Group
Buyer's Agent
Jim Marks
Springer Realty Group
List Price
$276,850
Sold Price
$265,000
Premium/Discount to List
-$11,850
-4.28%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,655
Avg. Annual Appreciation
16.25%
Original Mortgage
$270,000
Interest Rate
2.7%
Mortgage Type
Construction
Purchase Details
Closed on
Dec 12, 2019
Sold by
Johnson William H
Bought by
Us Bank National Association and Cabana Series Iii Trust
Purchase Details
Closed on
Apr 29, 1999
Sold by
Price Donald E and Price Marjorie E
Bought by
Johnson William H
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mh Real Estate Holdings Llc | $265,000 | Servicelink | |
| Us Bank National Association | -- | None Available | |
| Johnson William H | $175,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mh Real Estate Holdings Llc | $450,000 | |
| Closed | Mr Real Estate Holdings Llc | $270,000 | |
| Previous Owner | Johnson William H | $417,000 | |
| Previous Owner | Johnson William H | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/30/2020 11/30/20 | Sold | $265,000 | -4.3% | $60 / Sq Ft |
| 11/03/2020 11/03/20 | Pending | -- | -- | -- |
| 10/24/2020 10/24/20 | For Sale | $276,850 | +4.5% | $62 / Sq Ft |
| 10/18/2020 10/18/20 | Off Market | $265,000 | -- | -- |
| 09/04/2020 09/04/20 | For Sale | $276,850 | +4.5% | $62 / Sq Ft |
| 09/03/2020 09/03/20 | Off Market | $265,000 | -- | -- |
| 05/26/2020 05/26/20 | Pending | -- | -- | -- |
| 05/04/2020 05/04/20 | For Sale | $276,850 | +4.5% | $62 / Sq Ft |
| 05/04/2020 05/04/20 | Off Market | $265,000 | -- | -- |
| 05/02/2020 05/02/20 | For Sale | $276,850 | 0.0% | $62 / Sq Ft |
| 10/13/2015 10/13/15 | Rented | $800 | 0.0% | -- |
| 10/13/2015 10/13/15 | Under Contract | -- | -- | -- |
| 10/11/2015 10/11/15 | For Rent | $800 | -36.0% | -- |
| 05/24/2014 05/24/14 | Rented | $1,250 | 0.0% | -- |
| 05/16/2014 05/16/14 | Under Contract | -- | -- | -- |
| 05/11/2014 05/11/14 | For Rent | $1,250 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $7,296 | $177,620 | $49,490 | $128,130 |
| 2024 | $7,296 | $177,620 | $49,490 | $128,130 |
| 2023 | $7,190 | $177,620 | $49,490 | $128,130 |
| 2022 | $7,073 | $177,620 | $49,490 | $128,130 |
| 2021 | $6,951 | $177,620 | $49,490 | $128,130 |
| 2020 | $6,772 | $177,620 | $49,490 | $128,130 |
| 2019 | $6,644 | $177,620 | $49,490 | $128,130 |
| 2018 | $6,567 | $177,620 | $49,490 | $128,130 |
| 2017 | $6,412 | $177,620 | $49,490 | $128,130 |
| 2016 | $5,468 | $177,620 | $49,490 | $128,130 |
| 2015 | $5,468 | $177,620 | $49,490 | $128,130 |
| 2014 | $5,468 | $177,620 | $49,490 | $128,130 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Marks
-
Bill Johnson
Seller's Agent in 2015
Bill Johnson
Keller Williams Realty Group
(610) 842-7768
3 Total Sales
Map
Source: Bright MLS
MLS Number: PACT505292
APN: 21-001-0150.02A0
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