NOT LISTED FOR SALE

1 S Chester Rd Swarthmore, PA 19081

Estimated Value: $1,568,710

-- Bed
-- Bath
5,330 Sq Ft
$294/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $1,400,000 $263 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $10,479/month

5 Days on Market

Highlights

  • Wood Flooring
  • 2-minute walk to Swarthmore
  • Exterior Cameras
  • Swarthmore-Rutledge School Rated A
  • Tudor Architecture
  • 3-minute walk to Thatcher Park

About This Home

As of September 2023

This 5-unit Tudor style property sits in the commercial district of 2 rows of 2 1/2 story attached stores, which line the angled junction of Park Ave. and S Chester Rd. A taller 3 1/2 store with conical roof lies at the junction of the roads and connects these two rows of stores. Across from the property is the swarthmore train station and the college campus of Swarthmore College. Too much information to list on this small vibrant Community for a quiet and peaceful neighborhood. Commercial Space street level and 4 apartments above. Apartments consist of one Studio, one 1-bedroom and two 2-bedroom. Owner is a licensed PA Realtor.

Last Agent to Sell the Property

Sam Hong

(215) 500-7176 samhong2004@gmail.com RE/MAX Legacy License #RS330175 Listed on: 07/28/2023

RE/MAX Legacy

Last Buyer's Agent

Branka Saula

(484) 639-3748 branka.saula@compass.com KW Greater West Chester License #RS298421

KW Greater West Chester

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,288

Year Built

  • Built in 1934

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 40.80 x 51.00
  • Irregular Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Tudor Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Permanent Foundation
  • Slab Foundation
  • Pitched Roof
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Wood
  • Stone
  • Concrete
  • Ceramic Tile

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump

Home Security

  • Exterior Cameras
  • Fire Escape

Accessible Home Design

  • More Than Two Accessible Exits
  • Level Entry For Accessibility

Schools

  • Swarthmore-Rutledge Elementary School
  • Strath Haven Middle School
  • Strath Haven High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Programmable Thermostat
  • 60+ Gallon Tank

Listing and Financial Details

  • Tax Lot 045-000
  • Assessor Parcel Number 43-00-00162-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,288

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Tudor
  • Accessibility Features: 2+ Access Exits, Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2023-07-28
  • Year Built: 1934
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring Type: Hardwood, Ceramic Tile, Concrete, Stone, Wood
  • Fireplace: No
  • Foundation Details: Brick/Mortar, Concrete Perimeter, Permanent, Slab
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Sump Pump, Unfinished
  • Total Sq Ft: 7030
  • Living Area Sq Ft: 5330
  • Price Per Sq Ft: 280.49
  • Above Grade Finished Sq Ft: 5330
  • Below Grade Sq Ft: 1700
  • Total Below Grade Sq Ft: 1700
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Stucco
  • Exterior Features: Fire Escape
  • Roof: Asphalt, Flat, Pitched
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Wall Unit, Ceiling Fan(s)
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Central, Programmable Thermostat, Radiator
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Security: Exterior Cameras
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: SWARTHMORE-RUTLEDGE SCHOOL
  • High School: STRATH HAVEN
  • Middle Or Junior School: STRATH HAVEN

Lot Info

  • Lot Features: Irregular
  • Lot Size Acres: 0.05
  • Lot Dimensions: 40.80 x 51.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Property Condition: Very Good
  • Zoning: COMM

Rental Info

  • Existing Lease Type: Long Term, Month To Month, Triple Net
  • Ground Rent Exists: No
  • Units Leased Count: 5
  • Vacation Rental: No

Tax Info

  • School Tax: 20489.00
  • Tax Annual Amount: 25288.00
  • Assessor Parcel Number: 43-00-00162-00
  • Tax Lot: 045-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: WALLINGFORD-SWARTHMORE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Sep 28, 2023
Sold by
Hong Sung and Hong Ok K
Bought by
Ama Ridge Llc
Seller's Agent
Sam Hong
RE/MAX Legacy
Buyer's Agent
Branka Saula
KW Greater West Chester
List Price
$1,495,000
Sold Price
$1,400,000
Premium/Discount to List
-$95,000
-6.35%
Views
96
Current Estimated Value
$1,568,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,710
Avg. Annual Appreciation
5.31%

Purchase Details

Closed on
Apr 15, 2014
Sold by
Dcg Real Estate Llc
Bought by
Hong Sung and Hong Ok K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,000
Interest Rate
4.33%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 29, 2010
Sold by
D C G Real Estate Partnership
Bought by
Dcg Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
4.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2004
Sold by
Mcdonnell John A
Bought by
D C G Real Estate Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 12, 2002
Sold by
Rahn Barbara S
Bought by
Mcdonnell John A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ama Ridge Llc $1,400,000 None Listed On Document
Hong Sung $740,000 None Available
Dcg Real Estate Llc -- None Available
D C G Real Estate Partnership $750,000 --
Mcdonnell John A $337,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hong Sung $474,000
Previous Owner Dcg Real Estate Llc $588,000
Previous Owner D C G Real Estate Partnership $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2023 09/28/23 Sold $1,400,000 -6.4% $263 / Sq Ft
08/03/2023 08/03/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $1,495,000 -- $280 / 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 $27,023 $749,880 $161,620 $588,260
2024 $27,023 $749,880 $161,620 $588,260
2023 $25,976 $749,880 $161,620 $588,260
2022 $25,288 $749,880 $161,620 $588,260
2021 $41,188 $749,880 $161,620 $588,260
2020 $16,190 $277,500 $154,590 $122,910
2019 $15,782 $277,500 $154,590 $122,910
2018 $15,521 $277,500 $0 $0
2017 $15,173 $277,500 $0 $0
2016 $1,554 $277,500 $0 $0
2015 $1,554 $277,500 $0 $0
2014 $1,554 $277,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sam Hong

    Seller's Agent in 2023

    Sam Hong

    RE/MAX

    (215) 500-7176

    1 in this area

    31 Total Sales

    Sam Hong
    Section Image

  • B

    Buyer's Agent in 2023

    Branka Saula

    KW Greater West Chester

    (484) 639-3748

    3 in this area

    43 Total Sales

    Branka Saula
    Section Image
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Map

Source: Bright MLS

MLS Number: PADE2050272

Bright MLS

APN: 43-00-00162-00

Pennsylvania Delaware County Swarthmore 19081

1 S Chester Rd, Swarthmore, PA

Not Listed for Sale

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