NOT LISTED FOR SALE

62 Hillside Ave Souderton, PA 18964

Estimated Value: $341,000 - $358,000

-- Bed
2 Baths
1,742 Sq Ft
$201/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $275,000 $158 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,201/month

3 Days on Market

Highlights

  • Straight Thru Architecture
  • Bathtub with Shower
  • Ceiling Fan
  • West Broad Street Elementary School Rated A
  • 90% Forced Air Heating System
  • Replacement Windows

About This Home

As of May 2022

***GREAT INVESTMENT OPPORTUNITY*** This duplex is located on a quiet street in the Borough of Souderton. The first floor unit features one bedroom, a large, updated kitchen, one bath and access to the walk-out basement with laundry facilities. ($995.00 per month) This lease runs until July 31st, 2022 and then goes month to month. The 2nd unit can be used as a 1 or 2 bedroom unit. It is currently being used as a 1 bedroom with a large 3rd floor loft/family room. ($1,050 per month) This tenant has been occupying the unit for 4+ years and is currently on a month to month lease. Both tenants would prefer to stay, however, the option is available for an owner occupant to immediately move-in and continue leasing out the other unit. There is a shared backyard and two private, off-street parking spaces!!Both units have newer carpeting. What more can an investor ask for? Two great tenants, on-site laundry, off-street parking, great location, and well a maintained property with a great rental history. Easy access to Routes 309, 202, and the PA Turnpike. Don't let this one pass you by!!

Last Agent to Sell the Property

Bob Kelley

BHHS Fox & Roach-Blue Bell License #RS284245 Listed on: 04/19/2022

BHHS Fox & Roach-Blue Bell

Co-Listed By

Kathleen Givigliano

Compass RE License #RS281415

Last Buyer's Agent

Jacob Lapp

EXP Realty, LLC License #RS349285

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,409

Year Built

  • Built in 1920

Lot Details

  • 1,982 Sq Ft Lot
  • Lot Dimensions are 16.00 x 0.00
  • Property is in very good condition

Home Design

  • Duplex
  • Straight Thru Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Bathtub with Shower
  • 1,742 Sq Ft Home
  • Ceiling Fan
  • Replacement Windows
  • Built-In Range

Flooring

  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • 90% Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for real estate taxes, sewer, water, trash collection
  • Tax Lot 16
  • Assessor Parcel Number 21-00-04256-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,409

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer, Two Refrigerators (All "As Is")
  • New Construction: No
  • Expected On Market: 2022-04-19
  • Year Built: 1920
  • Automatically Close On Close Date: Yes
  • Remarks Public: ***GREAT INVESTMENT OPPORTUNITY*** This duplex is located on a quiet street in the Borough of Souderton. The first floor unit features one bedroom, a large, updated kitchen, one bath and access to the walk-out basement with laundry facilities. ($995.00 per month) This lease runs until July 31st, 2022 and then goes month to month. The 2nd unit can be used as a 1 or 2 bedroom unit. It is currently being used as a 1 bedroom with a large 3rd floor loft/family room. ($1,050 per month) This tenant has been occupying the unit for 4+ years and is currently on a month to month lease. Both tenants would prefer to stay, however, the option is available for an owner occupant to immediately move-in and continue leasing out the other unit. There is a shared backyard and two private, off-street parking spaces!!Both units have newer carpeting. What more can an investor ask for? Two great tenants, on-site laundry, off-street parking, great location, and well a maintained property with a great rental history. Easy access to Routes 309, 202, and the PA Turnpike. Don't let this one pass you by!!
  • Special Features: None

Interior Features

  • Appliances: Built-In Range, Dryer, Washer, Refrigerator
  • Flooring Type: Vinyl, Carpet
  • Interior Amenities: Carpet, Ceiling Fan(s), Tub Shower
  • Window Features: Replacement
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 1742
  • Living Area Sq Ft: 1742
  • Price Per Sq Ft: 157.23
  • Above Grade Finished Sq Ft: 1742
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 62

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Flat, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, On Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: SOUDERTON AREA
  • School District Key: 300200397037
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1132
  • Lot Size Acres: 0.05
  • Lot Dimensions: 16.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1982.00
  • Property Condition: Very Good, Good, Average
  • Year Assessed: 2022
  • Zoning: R3

Rental Info

  • Number Of Units Month To Month: 1
  • Owner Pays: Taxes - Real Estate, Sewer, Water, Trash Collection
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 639141
  • School Tax: 2557.00
  • Tax Annual Amount: 3409.00
  • Assessor Parcel Number: 21-00-04256-007
  • Tax Lot: 16
  • Tax Total Finished Sq Ft: 1742
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 05/25/2022

MLS Schools

  • School District Name: SOUDERTON AREA

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Janet D $135,800
Closed Kelly Janet D $136,500
Closed Kelly Timothy R $122,200
Closed Kelly Timothy R $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $275,000 +0.4% $158 / Sq Ft
04/23/2022 04/23/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $273,900 -- $157 / 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 $3,728 $82,560 $41,600 $40,960
2024 $3,728 $82,560 $41,600 $40,960
2023 $3,506 $82,560 $41,600 $40,960
2022 $3,506 $82,560 $41,600 $40,960
2021 $3,372 $82,560 $41,600 $40,960
2020 $3,312 $82,560 $41,600 $40,960
2019 $3,276 $82,560 $41,600 $40,960
2018 $773 $82,560 $41,600 $40,960
2017 $3,149 $82,560 $41,600 $40,960
2016 $3,117 $82,560 $41,600 $40,960
2015 $3,061 $82,560 $41,600 $40,960
2014 $3,061 $82,560 $41,600 $40,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2034358

Bright MLS

APN: 21-00-04256-007