NOT LISTED FOR SALE
Studio
3 Baths
2,550 Sq Ft
0.54 Acre Lot

Sale Details

Date Sold: February 10, 2025

Last sale price $400,000 $157 Per Sq Ft

5 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Electric Baseboard Heater
  • Brandywine-Wallace El School Rated A

About This Home

As of February 2025

This Property will be sold at Auction Dec. 21/2024 The list price in No way represents the purchase price and serves only as a suggested starting bid.
For Sale: Multi-Unit Investment Property in a Rural Setting Property Overview:
This well-maintained property features three rental units, offering a mix of housing options for tenants in a peaceful rural location. Unit 1: Spacious 3-bedroom apartment
Unit 2: Comfortable 2-bedroom apartment
Unit 3: Cozy 1-bedroom apartment Property Features: Situated on a 0.54-acre lot, providing ample outdoor space.
Equipped with on-site water and sewer (holding tanks).
Zoned Residential, perfect for continued rental use or future possibilities. Financial Highlights: Generates a solid $42,000 annual income, making this a lucrative investment opportunity. Location:
Enjoy the serenity of a rural setting while benefiting from the steady demand for rental housing in the area. Asking Price: To be Sold at Auction Don't miss this chance to own a versatile and income-generating property. Ideal for investors or those looking to expand their portfolio!

Last Agent to Sell the Property

J D Fisher

(717) 786-6200 brittany@hostetterrealty.com Hostetter Realty License #RS321446 Listed on: 12/16/2024

Last Buyer's Agent

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,521

Year Built

  • Built in 1850

Lot Details

  • 23,325 Sq Ft Lot
  • Property is in good condition

Parking

  • Parking Lot

Home Design

  • Triplex
  • Slab Foundation
  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Masonry

Interior Spaces

  • 2,550 Sq Ft Home
  • Water Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Schools

  • Downingtown High School East Campus

Utilities

  • Electric Baseboard Heater
  • 100 Amp Service
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 0029
  • Assessor Parcel Number 30-03 -0029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,521

Year Built

Built in 1850

Lot Details

0.54 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenant's Personal Posessions.
  • New Construction: No
  • Year Built: 1850
  • Automatically Close On Close Date: Yes
  • Special Features: Auction

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl, Tile/Brick
  • Fireplace: No
  • Foundation Details: Slab
  • Basement: No
  • Total Sq Ft: 2550
  • Living Area Sq Ft: 2550
  • Price Per Sq Ft: 98.04
  • Above Grade Finished Sq Ft: 2550
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Masonry
  • Roof: Pitched, Shingle
  • View: Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Utilities: Electric Available
  • Water Source: Well

Schools

  • School District Source: Listing Agent
  • High School: DOWNINGTOWN HIGH SCHOOL EAST CAMPUS

Lot Info

  • Lot Size Acres: 0.54
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23325.00
  • Property Condition: Good
  • Zoning: R1

Rental Info

  • Ground Rent Exists: No
  • Rent Control: No
  • Total Actual Rent: 42000.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 3626.00
  • Tax Annual Amount: 4521.00
  • Assessor Parcel Number: 30-03 -0029
  • Tax Lot: 0029
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2024
Closed on
Feb 5, 2025
Sold by
Bought by
Seller's Agent
J D Fisher
Hostetter Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$250,000
Sold Price
$400,000
Premium/Discount to List
$150,000
60%
Views
43

Purchase Details

Closed on
Feb 22, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
0.0355%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
0.0348%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 13, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
0.0663%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$400,000 None Listed On Document
$265,000 Mersky Law Group Pllc
$170,000 Attorney
$110,000 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $212,000
Previous Owner $136,000
Previous Owner $840,000
Previous Owner $150,000
Previous Owner $20,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/10/2025 02/10/25 Sold $400,000 +60.0% $157 / Sq Ft
12/21/2024 12/21/24 Pending -- -- --
12/16/2024 12/16/24 For Sale $250,000 -- $98 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $474 $118,070 $48,400 $69,670
2025 $474 $118,070 $48,400 $69,670
2024 $4,385 $118,070 $48,400 $69,670
2023 $4,267 $118,070 $48,400 $69,670
2022 $4,106 $118,070 $48,400 $69,670
2021 $4,091 $118,070 $48,400 $69,670
2020 $4,070 $118,070 $48,400 $69,670
2019 $4,064 $118,070 $48,400 $69,670
2018 $4,064 $118,070 $48,400 $69,670
2017 $4,020 $118,070 $48,400 $69,670
2016 $3,624 $118,070 $48,400 $69,670
2015 $3,624 $118,070 $48,400 $69,670
2014 $3,624 $118,070 $48,400 $69,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2088472

Bright MLS

APN: 3003 00290000

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