NOT LISTED FOR SALE

Estimated Value: $221,493

-- Bed
1 Bath
3,000 Sq Ft
$74/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $165,000 $55 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,711/month

6 Days on Market

Highlights

  • A-Frame Home
  • Electric Baseboard Heater
  • 4-minute walk to Memorial Park
  • No HOA

About This Home

As of October 2020

PLEASE NOTE THIS IS A COMMERCIAL PROPERTY, IT HAS 2 RESIDENTIAL UNITS AND 1 COMMERCIAL SPACE This turn-key Mixed Use property contains 2 residential apartments and one commercial stand alone building that can have many uses (We are in the process of getting approval to turn the commercial unit to residential). This unit has been used as a restaurant for many years, bring it back to life again. Both of the residential units are occupied. Unit #1 consist of a 1 bedroom, 1 bath apartment and unit # 2 is a 3 bedroom 1 bath apartment. Both residential units have been fully renovated from top to bottom. All units are separately metered and tenants pay their own utilities. The commercial space has been renovated and is currently zoned for storage. The property is a few blocks Pottstown's Up and Coming Downtown Business District. The property is within walking distance to banking, Borough Hall, Montgomery County Community College, restaurants, brew pubs and entertainment venues. The property taxes were appealed and lowered for the 2020 tax year.This is the perfect property for an owner that wants to open a business or a live/work space. Apt 1: currently being used as an airbnb Averaging $1500/month Apt 2: $1236/month rental income Unit 3: commercial space: vacant

Last Agent to Sell the Property

STEVE BAYONNE

RealtyTopia, LLC Listed on: 08/19/2020

Last Buyer's Agent

Michael Haley

Coldwell Banker Hearthside Realtors-Collegeville License #RS150125A

Coldwell Banker Hearthside Realtors-Collegeville

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 3,650 Sq Ft Lot
  • Lot Dimensions are 45.00 x 0.00

Parking

  • Off-Street Parking

Home Design

  • 3,000 Sq Ft Home
  • A-Frame Home
  • Brick Exterior Construction

Kitchen

  • Electric Oven or Range
  • Microwave

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 078
  • Assessor Parcel Number 16-00-01288-001

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: A-Frame
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Remarks Public: PLEASE NOTE THIS IS A COMMERCIAL PROPERTY, IT HAS 2 RESIDENTIAL UNITS AND 1 COMMERCIAL SPACE This turn-key Mixed Use property contains 2 residential apartments and one commercial stand alone building that can have many uses (We are in the process of getting approval to turn the commercial unit to residential). This unit has been used as a restaurant for many years, bring it back to life again. Both of the residential units are occupied. Unit #1 consist of a 1 bedroom, 1 bath apartment and unit # 2 is a 3 bedroom 1 bath apartment. Both residential units have been fully renovated from top to bottom. All units are separately metered and tenants pay their own utilities. The commercial space has been renovated and is currently zoned for storage. The property is a few blocks Pottstown's Up and Coming Downtown Business District. The property is within walking distance to banking, Borough Hall, Montgomery County Community College, restaurants, brew pubs and entertainment venues. The property taxes were appealed and lowered for the 2020 tax year.This is the perfect property for an owner that wants to open a business or a live/work space. Apt 1: currently being used as an airbnb Averaging $1500/month Apt 2: $1236/month rental income Unit 3: commercial space: vacant
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Microwave, Oven/Range - Electric, Refrigerator
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 55.00
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 71

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: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: POTTSTOWN
  • School District Key: 300200397038
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 4100
  • Lot Size Acres: 0.08
  • Lot Dimensions: 45.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3650.00
  • Year Assessed: 2020
  • Zoning: RHD

Rental Info

  • Number Of Units Month To Month: 1
  • Units Furnished: Some
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 625939
  • School Tax: 4176.00
  • Tax Annual Amount: 5815.00
  • Assessor Parcel Number: 16-00-01288-001
  • Tax Lot: 078
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 10/02/2020

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2,Unit 3
  • Single Room Units Count: 1

MLS Schools

  • School District Name: POTTSTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Oct 27, 2020
Sold by
71 Beech St Llc
Bought by
Rut Row Properties Llc
Seller's Agent
STEVE BAYONNE
RealtyTopia, LLC
Buyer's Agent
Michael Haley
Coldwell Banker Hearthside Realtors-Collegeville
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%
Current Estimated Value
$221,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,493
Avg. Annual Appreciation
5.83%
Original Mortgage
$123,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2018
Sold by
Montgomery County Sheriff
Bought by
71 Beech Street Llc

Purchase Details

Closed on
Nov 20, 2006
Sold by
Conicelli Daniel Richard
Bought by
Direnzo Lena and Direnzo Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 16, 2004
Sold by
Keller Karen K and Weller Karen K
Bought by
Conicelli Daniel R

Purchase Details

Closed on
Sep 8, 2000
Sold by
Wilson Mary Jo and Edwards Carrie Ann
Bought by
Weller Karen K and Conicelli Daniel Richard

Purchase Details

Closed on
Mar 24, 1997
Sold by
Sciscio Carl T
Bought by
Wilson Mary Jo and Edwards Carrie Ann

Purchase Details

Closed on
Mar 5, 1997
Sold by
Miller Robert C and Miller Virginia
Bought by
Sciscio Carl T and Sciscio Carl

Purchase Details

Closed on
Aug 4, 1995
Sold by
Sciscio Joseph M and Sciscio Carl T
Bought by
Sciscio Carl T
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
Rut Row Properties Llc $165,000 None Available
71 Beech Street Llc $220,716 None Available
Direnzo Lena $189,000 None Available
Conicelli Daniel R -- --
Weller Karen K $60,246 --
Wilson Mary Jo $125,000 --
Sciscio Carl T -- --
Sciscio Carl T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rut Row Properties Llc $123,750
Previous Owner 71 Beech St Llc $116,250
Previous Owner Direnzo Lena $87,000
Closed Conicelli Daniel R $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $165,000 0.0% $55 / Sq Ft
08/31/2020 08/31/20 Price Changed $165,000 -2.9% $55 / Sq Ft
08/19/2020 08/19/20 For Sale $169,900 -- $57 / 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 $6,051 $98,600 -- --
2024 $6,051 $98,600 -- --
2023 $5,969 $98,600 $0 $0
2022 $5,938 $98,600 $0 $0
2021 $5,870 $98,600 $0 $0
2020 $5,767 $98,600 $0 $0
2019 $6,436 $112,610 $38,900 $73,710
2018 $4,575 $112,610 $38,900 $73,710
2017 $6,018 $112,610 $38,900 $73,710
2016 $5,974 $112,610 $38,900 $73,710
2015 $5,936 $112,610 $38,900 $73,710
2014 $5,936 $112,610 $38,900 $73,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC660684

Bright MLS

APN: 16-00-01288-001