NOT LISTED FOR SALE

607 E Broad St Quakertown, PA 18951

Estimated Value: $280,000 - $302,665

-- Bed
2 Baths
1,510 Sq Ft
$193/Sq Ft Est. Value

Last Sold May 20, 2019

Last sale price $175,000 $116 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,888/month

75 Days on Market

Highlights

  • No HOA
  • Electric Baseboard Heater
  • Dwelling with Rental
  • 2 Car Detached Garage

About This Home

As of May 2019

INVESTORS!!! Fully rented duplex with stable tenants. Excellent cash flow and low expenses. Both units are identical in size and layout, however the first floor unit has been identified as a 1 bedroom due to the front door. The first floor apartment has full access to and use of the basement for storage. Both units are clean and bright and have a convenient, central location in the heart of Quakertown.

Last Agent to Sell the Property

Terri Keeler

Realty Worx Listed on: 02/01/2019

Realty Worx

Last Buyer's Agent

Trisha Lutteroty

Keller Williams Realty Group

Keller Williams Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,590

Year Built

  • Built in 1920

Lot Details

  • 4,850 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • 3 Open Parking Spaces
  • Off-Street Parking

Home Design

  • Duplex
  • Dwelling with Rental
  • Frame Construction

Interior Spaces

  • 1,510 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Richland Elementary School
  • Strayer Middle School
  • Quakertown Community Senior High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Electric Baseboard Heater
  • Oil Water Heater

Listing and Financial Details

  • The owner pays for sewer, real estate taxes, water
  • Tax Lot 215
  • Assessor Parcel Number 35-011-215

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals, parking
  • Gross Income $18,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,590

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Dwelling With Rental
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1920
  • Remarks Public: INVESTORS!!! Fully rented duplex with stable tenants. Excellent cash flow and low expenses. Both units are identical in size and layout, however the first floor unit has been identified as a 1 bedroom due to the front door. The first floor apartment has full access to and use of the basement for storage. Both units are clean and bright and have a convenient, central location in the heart of Quakertown.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1510
  • Living Area Sq Ft: 1510
  • Price Per Sq Ft: 125.17
  • Above Grade Finished Sq Ft: 1510
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 607

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Spa: No
  • 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: 3
  • Parking Features: Paved Parking
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Detached Garage, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: QUAKERTOWN COMMUNITY
  • Elementary School: RICHLAND
  • Middle School: STRAYER
  • High School: QUAKERTOWN COMMUNITY SENIOR
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200397165
  • School District Source: 3rd Party
  • Elementary School: RICHLAND
  • High School: QUAKERTOWN COMMUNITY SENIOR
  • Middle Or Junior School: STRAYER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 11800.00
  • Land Assessed Value: 1800.00
  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4850.00
  • Zoning: R3

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 1
  • Owner Pays: Sewer, Taxes - Real Estate, Water
  • Rent Control: No
  • Total Actual Rent: 18900.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 165388
  • School Tax: 2236.00
  • Tax Annual Amount: 2590.00
  • Assessor Parcel Number: 35-011-215
  • Tax Lot: 215
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 05/20/2019

Multi Family

  • Gross Income: 18720.00
  • Gross Scheduled Income: 18720.00
  • Income Includes: Apartment Rentals, Parking

MLS Schools

  • School District Name: QUAKERTOWN COMMUNITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2019
Closed on
May 15, 2019
Sold by
Markley Ivan A and Markley Robin B
Bought by
Fries Ryan
Seller's Agent
Terri Keeler
Realty Worx
Buyer's Agent
Trisha Lutteroty
Keller Williams Realty Group
List Price
$189,000
Sold Price
$175,000
Premium/Discount to List
-$14,000
-7.41%
Total Days on Market
75
Current Estimated Value
$291,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,666
Avg. Annual Appreciation
8.17%
Original Mortgage
$131,250
Outstanding Balance
$117,524
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$164,130

Purchase Details

Closed on
Dec 15, 2006
Sold by
Drumbore Robert J and Drumbore Heather R
Bought by
Markley Ivan A and Markley Robin B

Purchase Details

Closed on
Apr 27, 1994
Sold by
Drumbore Hilda
Bought by
Drumbore Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.7%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Fries Ryan $175,000 None Available
Markley Ivan A $208,000 None Available
Drumbore Robert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fries Ryan $131,250
Previous Owner Drumbore Robert J $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2019 05/20/19 Sold $175,000 -7.4% $116 / Sq Ft
02/01/2019 02/01/19 For Sale $189,000 -- $125 / 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 $3,078 $15,290 $1,800 $13,490
2023 $3,047 $15,290 $1,800 $13,490
2022 $2,995 $15,290 $1,800 $13,490
2021 $2,995 $15,290 $1,800 $13,490
2020 $2,995 $15,290 $1,800 $13,490
2019 $2,912 $15,290 $1,800 $13,490
2018 $2,500 $13,600 $1,800 $11,800
2017 $2,423 $13,600 $1,800 $11,800
2016 -- $13,600 $1,800 $11,800
2015 -- $13,600 $1,800 $11,800
2014 -- $13,600 $1,800 $11,800
Source: Public Records

Agents Affiliated with this Home

  • Terri Keeler

    Seller's Agent in 2019

    Terri Keeler

    Realty Worx

    (215) 852-5865

    3 in this area

    35 Total Sales

    Terri Keeler
    Section Image
  • Trisha Lutteroty

    Buyer's Agent in 2019

    Trisha Lutteroty

    Keller Williams Realty Group

    (215) 768-4881

    5 in this area

    104 Total Sales

    Trisha Lutteroty
    Section Image
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Map

Source: Bright MLS

MLS Number: PABU308676

Bright MLS

APN: 35-011-215

Pennsylvania Bucks County Quakertown 18951

607 E Broad St, Quakertown, PA

This home is located at 607 E Broad St, Quakertown, PA 18951 since 01 February 2019 and is currently estimated at $291,666, approximately $193 per square foot. This property was built in 1920. 607 E Broad St is a home located in Bucks County with nearby schools including Richland Elementary School, Strayer Middle School, and Quakertown Community Senior High School.

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