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242 East 3rd Street

242 East 3rd Street, Pottstown, PA 19464
Multifamily in Pottstown
Sold Jul 31, 2019
$120,000
$90,000 by Citizens Bank Na
Mortgage Due Aug 01, 2049
Sold Aug 30, 2005
$120,000
$96,000 by Jpmorgan Chase Bank Na
Mortgage Due Sep 01, 2035
242 East 3rd Street has been categorized by the local assessors in Pottstown, PA as a residential type of property. The building on the property was first built in 1910 and is 114 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 242 East 3rd Street has 1,404 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 300 ft. The area measurement of the land has been determined as 4,200 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a no garage for those who require parking. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with oil. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 242 East 3rd Street was last sold in Jul 16, 2019 for $120,000. According to our calculations, that's $85.47 per sqft. Prior to that sales transaction, the property was sold for $120,000 in Aug 11, 2005. Current property owners are expected to pay $4,183 in taxes per year. The property on 242 East 3rd Street was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $68,140. To break that down further, the land itself was valued at $33,750. While improvements to the property were assessed at a total of $34,390. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,200
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,404
  • Gross Building Area: 1,404
  • Building Area: 1,404
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,404
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.096
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: ASSESSOR BLOCK-UNIT NUMBER 77-31

Ownership

  • Current Owner : HIBBETS ARTHUR J
  • Previous Owner : MITCHELL THOMAS J
  • Previous Owner 2: MITCHELL KATHIE L
  • Owner Before Previous Owner: RIVEREDGE RENTALS
  • Owner Before Previous Owner 2: PLOTTS MARK

Neighborhood

  • School District Name: Pottstown School District
  • School Tax School District: POTTSTOWN
  • Census Tract: 208906

Zoning

  • Zoning: RHD

Geography

  • Assessors Map Reference: 16-077
  • District: 16
  • Parcel: 16-00-29284-00-4
  • Block: 77
  • Lot: 31
  • Municipality: POTTSTOWN BOROUGH
  • Latitude: 40.2501
  • Longitude: -75.6477

    Address

  • Full Address: 242 E 3rd St
  • Address - House Number: 242
  • Street Direction: E
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: PA
  • City Name: Pottstown
  • Carrier Code: C003
  • 4-Digit Zip Code: 5375
  • Zip Code: 19464

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $4,183
  • Tax Rate Code Area: 16

    Appraisal Valuation

  • Standard Deviation: 0.2003
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 200,480
  • High Value: 240,638
  • Low Value: 160,322

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $90,000
  • First Open Lien Mortgage Lender: CITIZENS BANK NA
  • First Open Lien Mortgage Recording Date: Jul 31, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $90,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2049

    Market Valuation

  • Market Total Value: $68,140
  • Market Land Value: $33,750
  • Market Improvement Value: $34,390

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $68,140
  • Assessed Land Value: $33,750
  • Assessed Improvements Value: $34,390

    Sales

  • Current Sale Contract Date: Jul 16, 2019
  • Current Sale Recording Date: Jul 31, 2019
  • Current Sale Transaction ID: 11636356486
  • Current Sale Price: $120,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2019050651
  • Previous Sale Recording Date: Aug 30, 2005
  • Previous Sale Contract Date: Aug 11, 2005
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS BANK NA
  • First Mortgage Transaction Date: Jul 31, 2019
  • First Mortgage Loan Amount: $90,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Aug 30, 2005
  • Previous Mortgage Loan Amount: $96,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2035

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Frequently Asked Questions

What neighborhood is 242 East 3rd Street located in?
The 242 East 3rd Street is a multifamily located in the neighborhood of Pottstown in Pottstown, Pottstown.
What is the average sales price for listings in 242 East 3rd Street?
The average sales price for units in 242 East 3rd Street is $0 currently.

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