NOT LISTED FOR SALE

636 E Lincoln Hwy Coatesville, PA 19320

Estimated Value: $179,799 - $359,000

-- Bed
2 Baths
2,144 Sq Ft
$119/Sq Ft Est. Value

Last Sold December 30, 2019

Last sale price $175,000 $82 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,646/month

5 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Attached Garage
  • Electric Baseboard Heater
  • No HOA
  • Forced Air Heating System

About This Home

As of December 2019

This great Triplex is 100% occupied with great long term tenants! This property already offers great positive cash flow as rented and it has the potential to increase the monthly cash flow by approximately$500-$700. This property has been well maintained and managed by the long term owners and offers a great opportunity for the buyer to benefit from immediate positive cash flow while still offering strong upside by maximizing the rental income over time. The owners are in the process of getting some maintenance items completed as well. Hurry before this one gets a away!!!

Last Agent to Sell the Property

John Patrick

KW Greater West Chester License #RM423959 Listed on: 11/16/2019

KW Greater West Chester

Last Buyer's Agent

Jake Fisher

Hostetter Realty License #RS325195

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,957

Year Built

  • Built in 1890

Lot Details

  • 4,000 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • 6 Open Parking Spaces
  • Rear-Facing Garage
  • Off-Street Parking

Home Design

  • Triplex
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,144 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Baseboard Heater
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 0459
  • Assessor Parcel Number 16-06 -0459

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Income includes apartment rentals, laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,957

Year Built

Built in 1890

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
  • New Construction: No
  • Year Built: 1890
  • Remarks Public: This great Triplex is 100% occupied with great long term tenants! This property already offers great positive cash flow as rented and it has the potential to increase the monthly cash flow by approximately$500-$700. This property has been well maintained and managed by the long term owners and offers a great opportunity for the buyer to benefit from immediate positive cash flow while still offering strong upside by maximizing the rental income over time. The owners are in the process of getting some maintenance items completed as well. Hurry before this one gets a away!!!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2144
  • Living Area Sq Ft: 2144
  • Price Per Sq Ft: 81.62
  • Above Grade Finished Sq Ft: 2144
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 636

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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: 6
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Monthly Average Electric: 133
  • Previous Twelve Months Electric Expense: 1591.44
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Forced Air, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 355
  • Water Previous Twelve Months: 4263.24
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: COATESVILLE AREA
  • School District Key: 300200397336
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 42140.00
  • Land Assessed Value: 10350.00
  • Land Use Code: R10
  • Lot Size Acres: 0.09
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4000.00
  • Year Assessed: 2019
  • Zoning: C1

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Total Actual Rent: 29970.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 244413
  • School Tax: 2005.00
  • Tax Annual Amount: 2957.00
  • Assessor Parcel Number: 16-06 -0459
  • Tax Lot: 0459
  • Tax Total Finished Sq Ft: 2144
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 12/30/2019

Multi Family

  • Income Includes: Apartment Rentals, Laundry
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: COATESVILLE AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2020
Sold by
Horizon Rentals Llc
Bought by
Stoltzfus Steven B
Current Estimated Value
$252,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Outstanding Balance
$126,753
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$90,284

Purchase Details

Closed on
Apr 5, 2004
Sold by
Harlan Jeffrey M
Bought by
Martin Larry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2002
Sold by
Va
Bought by
Harlan Jeffrey Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
6.79%

Purchase Details

Closed on
Nov 28, 2001
Sold by
Anthony Sidney G and Cendant Mtg Corp
Bought by
Va

Purchase Details

Closed on
Mar 23, 1998
Sold by
Michinok Andrew and Costello Eleanor L
Bought by
Anthony Sidney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,100
Interest Rate
7.62%
Mortgage Type
VA
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
Stoltzfus Steven B $190,000 None Available
Martin Larry L $130,000 --
Harlan Jeffrey Mark $87,605 --
Va -- --
Anthony Sidney $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stoltzfus Steven B $141,000
Previous Owner Turner Kyle D $142,814
Previous Owner Martin Larry L $106,400
Previous Owner Harlan Jeffrey Mark $78,750
Previous Owner Anthony Sidney $109,100
Closed Turner Kyle D $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2019 12/30/19 Sold $175,000 0.0% $82 / Sq Ft
11/21/2019 11/21/19 Pending -- -- --
11/16/2019 11/16/19 For Sale $175,000 -- $82 / 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 $3,156 $52,490 $10,350 $42,140
2023 $3,125 $52,490 $10,350 $42,140
2022 $3,044 $52,490 $10,350 $42,140
2021 $2,966 $52,490 $10,350 $42,140
2020 $2,957 $52,490 $10,350 $42,140
2019 $2,881 $52,490 $10,350 $42,140
2018 $2,784 $52,490 $10,350 $42,140
2017 $2,708 $52,490 $10,350 $42,140
2016 $2,224 $52,490 $10,350 $42,140
2015 $2,224 $52,490 $10,350 $42,140
2014 $2,224 $52,490 $10,350 $42,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT493656

Bright MLS

APN: 16-006-0459.0000