NOT LISTED FOR SALE

945 S Old Bethlehem Pike Quakertown, PA 18951

Richland Neighborhood

Estimated Value: $634,269

-- Bed
-- Bath
-- Sq Ft
3.41 Acres

Last Sold January 27, 2017

Last sale price $395,000

Est. 61% increase in value since last sale

Current estimated payment $4,488/month

88 Days on Market

Highlights

  • 3.41 Acre Lot
  • No HOA
  • Home Security System
  • Wood Flooring
  • Cooling System Mounted In Outer Wall Opening
  • En-Suite Primary Bedroom

About This Home

As of January 2017

12 total units plus laundry facility and owner unit. See attached income sheet and seller disclosure. Great investment. Rooms are all rented weekly as are the one and two bedroom apartments. Fully occupied at this time, Paved parking area. 3.41 acres of land

Last Agent to Sell the Property

Mark Somers

EXP Realty, LLC Listed on: 08/26/2016

EXP Realty, LLC

Last Buyer's Agent

Mark Somers

EXP Realty, LLC Listed on: 08/26/2016

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 3.41 Acre Lot
  • Lot Dimensions are 100 x 999999
  • Property is in good condition

Parking

  • 8 Open Parking Spaces

Home Design

  • Flat Roof Shape
  • Pitched Roof
  • Wood Siding
  • Aluminum Siding
  • Vinyl Siding

Flooring

  • Wood
  • Wall to Wall Carpet

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • Laundry in unit

Listing and Financial Details

  • Tax Lot 053
  • Assessor Parcel Number 36-017-053

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $6,912
  • Maintenance Expense $2,344
  • Other Expense $27,875
  • Operating Expense $77,432

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 27875.00
  • Year Built: 1979
  • Remarks Public: 12 total units plus laundry facility and owner unit. See attached income sheet and seller disclosure. Great investment. Rooms are all rented weekly as are the one and two bedroom apartments. Fully occupied at this time, Paved parking area. 3.41 acres of land
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood, Fully Carpeted
  • Fireplace: No
  • Entry Location: Private
  • Room List: Primary Bedroom
  • Basement: No
  • Laundry Type: Washer In Unit
  • Street Number Modifier: 945

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding, Wood Siding
  • Roof: Flat, Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 8

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Electric, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 28440.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: QUAKERTOWN COMMUNITY
  • School District Key: 300200397165

Lot Info

  • Improvement Assessed Value: 54110.00
  • Land Assessed Value: 9040.00
  • Land Use Code: 4227
  • Lot Size Acres: 3.41
  • Lot Dimensions: 100 X 999999
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 148496.00
  • Property Condition: Good
  • Zoning: SRL

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 123348.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 8,Unit 3,Unit 6,Unit 7,Unit 9

Tax Info

  • Assessor Parcel Number: 167521
  • Tax Annual Amount: 11861.00
  • Assessor Parcel Number: 36-017-053
  • Tax Lot: 053
  • Tax Year: 2016
  • Close Date: 01/27/2017

MLS Schools

  • School District Name: QUAKERTOWN COMMUNITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2016
Closed on
Jan 27, 2017
Sold by
Wieand Dale R and Wieand Cheryl R
Bought by
Country View Rentals Inc
Seller's Agent
Mark Somers
EXP Realty, LLC
Buyer's Agent
Mark Somers
EXP Realty, LLC
List Price
$439,900
Sold Price
$395,000
Premium/Discount to List
-$44,900
-10.21%
Total Days on Market
88
Current Estimated Value
$634,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,269
Avg. Annual Appreciation
5.81%
Original Mortgage
$50,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 15, 2004
Sold by
Wieand Cheryl R and Wieand Dale R
Bought by
Wieand Dale R and Wieand Cheryl R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 11, 2002
Sold by
Weber Cheryl
Bought by
Weber Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.73%
Mortgage Type
Commercial
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
Country View Rentals Inc $395,000 Associated Abstract Services
Wieand Dale R -- --
Weber Cheryl $220,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Country View Rentals Inc $425,962
Closed Country View Rentals $50,000
Closed Country View Rentals Inc $250,000
Closed Country View Rentals Inc $50,000
Previous Owner Wieand Cheryl R $100,000
Previous Owner Wieand Dale R $350,000
Previous Owner Weber Cheryl $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2017 01/27/17 Sold $395,000 -10.2% --
11/22/2016 11/22/16 Pending -- -- --
08/26/2016 08/26/16 For Sale $439,900 -- --
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 $13,464 $63,150 $9,040 $54,110
2023 $13,196 $63,150 $9,040 $54,110
2022 $12,982 $63,150 $9,040 $54,110
2021 $12,982 $63,150 $9,040 $54,110
2020 $12,982 $63,150 $9,040 $54,110
2019 $12,639 $63,150 $9,040 $54,110
2018 $12,221 $63,150 $9,040 $54,110
2017 $11,861 $63,150 $9,040 $54,110
2016 $11,861 $63,150 $9,040 $54,110
2015 -- $63,150 $9,040 $54,110
2014 -- $63,150 $9,040 $54,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002593885

Bright MLS

APN: 36-017-053