NOT LISTED FOR SALE

631 W Broad St Quakertown, PA 18951

Estimated Value: $329,000 - $368,000

-- Bed
3 Baths
1,498 Sq Ft
$234/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $290,000 $194 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,175/month

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System
  • Wood Flooring
  • 2 Car Detached Garage
  • 2-minute walk to Quakertown Memorial Park

About This Home

As of May 2021

3 unit Investment opportunity in Quakertown. Long term tenants, well maintained building ready for the next investor! New roof within last 10 years, Fire escape added to building, new sump pump installed this year. 2 water heaters installed in 2020, other one is approx 5 years old. New heater system installed in 2020. Rear garage has 3rd unit. Plenty of off street parking. Come check this one out today and add to your portfolio.

Last Agent to Sell the Property

Jennifer Bishop

(215) 896-9877 jennbishop@comcast.net Real Estate Excel-The Baringer Group LTD Listed on: 05/03/2021

Last Buyer's Agent

Marcie Purcell

(215) 534-2539 Marciepurcell@yahoo.com Better Homes and Gardens Real Estate Cassidon Realty

Better Homes and Gardens Real Estate Cassidon Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,291

Year Built

  • Built in 1920

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 32.00 x 375.00
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Gravel Driveway
  • Off-Site Parking

Home Design

  • Triplex
  • Colonial Architecture
  • Plaster Walls
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,498 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Built-In Range

Flooring

  • Wood
  • Carpet
  • Laminate

Schools

  • Quakertown Elementary School
  • Strayer Middle School
  • Quakertown High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • The owner pays for heater maintenance contract, repairs, sewer, water
  • Tax Lot 104
  • Assessor Parcel Number 35-005-104

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,636

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,291

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: All tenants personal property
  • Historic: No
  • Home Warranty: No
  • Inclusions: Refrigerators, Range/Ovens, window A/C units
  • New Construction: No
  • Expected On Market: 2021-05-03
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: 3 unit Investment opportunity in Quakertown. Long term tenants, well maintained building ready for the next investor! New roof within last 10 years, Fire escape added to building, new sump pump installed this year. 2 water heaters installed in 2020, other one is approx 5 years old. New heater system installed in 2020. Rear garage has 3rd unit. Plenty of off street parking. Come check this one out today and add to your portfolio.
  • Special Features: None

Interior Features

  • Appliances: Built-In Range, Refrigerator
  • Flooring Type: Carpet, Hardwood, Laminated
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls
  • Room Count: 6
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1498
  • Living Area Sq Ft: 1498
  • Price Per Sq Ft: 199.60
  • Above Grade Finished Sq Ft: 1498
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 631

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Frame
  • Roof: Architectural Shingle
  • Spa: No
  • View: Street
  • 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
  • Parking Features: Crushed Stone
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Off Site, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable, Fiber Optic

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: QUAKERTOWN COMMUNITY
  • Elementary School: QUAKERTOWN
  • Middle School: STRAYER
  • High School: QUAKERTOWN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397165
  • School District Source: Listing Agent
  • Elementary School: QUAKERTOWN
  • High School: QUAKERTOWN
  • Middle Or Junior School: STRAYER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 13760.00
  • Land Assessed Value: 3040.00
  • Land Use Code: 1023
  • Lot Size Acres: 0.28
  • Lot Dimensions: 32.00 x 375.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12000.00
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: R3

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 3
  • Owner Pays: Heater Maintenance Contract, Repairs, Sewer, Water
  • Rent Control: No
  • Total Actual Rent: 27000.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 163776
  • School Tax: 2836.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3291.00
  • Assessor Parcel Number: 35-005-104
  • Tax Lot: 104
  • Tax Total Finished Sq Ft: 1498
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/26/2021

Multi Family

  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: QUAKERTOWN COMMUNITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2021
Closed on
May 21, 2021
Sold by
Tice Barry M and Tice Cheryl C
Bought by
Opm 13 Llc
Seller's Agent
Jennifer Bishop
Real Estate Excel-The Baringer Group LTD
Buyer's Agent
Marcie Purcell
Better Homes and Gardens Real Estate Cassidon Realty
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%
Current Estimated Value
$350,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,978
Avg. Annual Appreciation
4.12%
Original Mortgage
$232,000
Outstanding Balance
$211,149
Interest Rate
2.96%
Mortgage Type
Commercial
Estimated Equity
$134,368

Purchase Details

Closed on
May 16, 1985
Sold by
Wrigley Thomas and Wrigley Carolyn G
Bought by
Tice Barry M and Tice Cheryl C
Source: Public Records

Range of Values:

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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
Opm 13 Llc $290,000 Laurel Abstract
Tice Barry M $59,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold $290,000 -3.0% $194 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $299,000 -- $200 / 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 $3,768 $18,720 $3,040 $15,680
2024 $3,768 $18,720 $3,040 $15,680
2023 $3,731 $18,720 $3,040 $15,680
2022 $3,667 $18,720 $3,040 $15,680
2021 $3,291 $16,800 $3,040 $13,760
2020 $3,291 $16,800 $3,040 $13,760
2019 $3,200 $16,800 $3,040 $13,760
2018 $3,089 $16,800 $3,040 $13,760
2017 $2,993 $16,800 $3,040 $13,760
2016 $2,993 $16,800 $3,040 $13,760
2015 -- $16,800 $3,040 $13,760
2014 -- $16,800 $3,040 $13,760
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Bishop

    Seller's Agent in 2021

    Jennifer Bishop

    Real Estate Excel-The Baringer Group LTD

    (215) 896-9877

    2 in this area

    18 Total Sales

    Jennifer Bishop
    Section Image
  • Marcie Purcell

    Buyer's Agent in 2021

    Marcie Purcell

    Better Homes and Gardens Real Estate Cassidon Realty

    (215) 534-2539

    7 in this area

    45 Total Sales

    Marcie Purcell
    Section Image
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Map

Source: Bright MLS

MLS Number: PABU525898

Bright MLS

APN: 35-005-104

Pennsylvania Bucks County Quakertown 18951

631 W Broad St, Quakertown, PA

This home is located at 631 W Broad St, Quakertown, PA 18951 since 03 May 2021 and is currently estimated at $350,978, approximately $234 per square foot. This property was built in 1920. 631 W Broad St is a home located in Bucks County with nearby schools including Quakertown Elementary School, Strayer Middle School, and Quakertown Community Senior High School.

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