Seller's Agent in 2018
Balsam Habboush
Springer Realty Group
(484) 343-4535
2 in this area
32 Total Sales
101 Ashland Ave Unit 352 Bala Cynwyd, PA 19004
Lower Merion NeighborhoodEstimated Value: $480,000 - $773,830
--
Bed
4
Baths
3,000
Sq Ft
$226/Sq Ft
Est. Value
Highlights
- Wood Flooring
- No HOA
- Ceiling Fan
- Belmont Hills El School Rated A+
- Zoned Heating
- Baseboard Heating
About This Home
As of September 2018Live in one, rent the others! Beautiful, profitable, and well-maintained Triplex with 6-car parking lot on a corner lot in the heart of Belmont Hills and Lower Merion School District. First floor has: One large 4-bedroom apartment and Two bath, Two kitchen, and two living room. Second floor has: two apartments that have 2-bedroom 1 bath apartment. Each unit is metered separately for gas and electric There is an extra-large basement in the building that can serve as storage space and washer/dryer are included. Also partial of the basement was converted to extra living space. There is a cedar storage room in the back patio that can be leased to one of the tenants for an additional income. Major capital improvements in the last three months including NEW remodeled kitchen (first floor apartment), NEW ceramic and carpet flooring (first floor apartment), NEW appliances (first floor apartment). NEW main doors (second & third apartments) Each unit is metered separately for gas and electric. The property had the same owner for more than 20 years. The property is one of the few properties in Belmont Hills zoned commercial as the property was a grocery store more than 30 years ago. Jump on this incredible opportunity perfect for an investor and home-owner occupant! The property is located in Lower Merion School District in 19004 which was recently rated as one of the wealthiest zip codes in the Nation. Within walking distance to Main Street Manayunk and multiple transportation sources, Septa Bus and Regional Rail. GREAT INVESTMENT. STRONG INCOME AS ALL UNITS RENTED TILL 2019
Last Agent to Sell the Property
(484) 343-4535 balsamnhabboush@gmail.com Springer Realty Group License #RS330978 Listed on: 07/19/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,295
Year Built
- Built in 1951
Lot Details
- 3,690 Sq Ft Lot
- Property is in good condition
Home Design
- Triplex
- Stone Foundation
- Shingle Roof
- Stone Siding
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 3,000 Sq Ft Home
- Ceiling Fan
- Partial Basement
- Laundry in unit
Flooring
- Wood
- Wall to Wall Carpet
- Tile or Brick
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
- Private Parking
- Parking Lot
Eco-Friendly Details
- Energy-Efficient Windows
Schools
- Belmont Hills Elementary School
- Welsh Valley Middle School
- Harriton Senior High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Zoned Heating
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- 100 Amp Service
- 60 Amp Service
- Natural Gas Water Heater
- Satellite Dish
- Cable TV Available
Listing and Financial Details
- Tax Lot 352
- Assessor Parcel Number 40-00-02216-003
Community Details
Overview
- No Home Owners Association
- Belmont Hills Subdivision
Amenities
- Laundry Facilities
Building Details
- Electric Expense $1,233
- Insurance Expense $1,969
- Maintenance Expense $1,200
- Other Expense $1,016
- Operating Expense $11,441
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 22, 2020
Sold by
101 Ashland Llc
Bought by
Park Sung
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Outstanding Balance
$323,313
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$354,645
Purchase Details
Listed on
Jul 19, 2018
Closed on
Sep 14, 2018
Sold by
Habboush Estabrak and Habboush Balsam N
Bought by
101 Ashland Llc
Seller's Agent
Balsam Habboush
Springer Realty Group
Buyer's Agent
Carlos Masip
KW Empower
List Price
$465,000
Sold Price
$490,000
Premium/Discount to List
$25,000
5.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%
Original Mortgage
$367,500
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 24, 1997
Sold by
Peicker John J and Peicker Karl
Bought by
Habboush Estabrak and Habboush Balsam N
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Park Sung | -- | None Available | |
| 101 Ashland Llc | $490,000 | None Available | |
| Habboush Estabrak | $160,000 | Lawyers Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Park Sung | $365,000 | |
| Previous Owner | 101 Ashland Llc | $367,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/14/2018 09/14/18 | Sold | $490,000 | +5.4% | $163 / Sq Ft |
| 09/07/2018 09/07/18 | Price Changed | $465,000 | 0.0% | $155 / Sq Ft |
| 07/24/2018 07/24/18 | Pending | -- | -- | -- |
| 07/19/2018 07/19/18 | For Sale | $465,000 | 0.0% | $155 / Sq Ft |
| 06/15/2018 06/15/18 | Rented | $1,700 | 0.0% | -- |
| 05/30/2018 05/30/18 | Under Contract | -- | -- | -- |
| 05/30/2018 05/30/18 | For Rent | $1,700 | +70.9% | -- |
| 02/27/2018 02/27/18 | Rented | $995 | -5.2% | -- |
| 02/23/2018 02/23/18 | Under Contract | -- | -- | -- |
| 01/05/2018 01/05/18 | For Rent | $1,050 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $4,876 | $116,750 | $46,170 | $70,580 |
| 2024 | $4,876 | $116,750 | $46,170 | $70,580 |
| 2023 | $4,673 | $116,750 | $46,170 | $70,580 |
| 2022 | $4,586 | $116,750 | $46,170 | $70,580 |
| 2021 | $4,482 | $116,750 | $46,170 | $70,580 |
| 2020 | $4,372 | $116,750 | $46,170 | $70,580 |
| 2019 | $4,295 | $116,750 | $46,170 | $70,580 |
| 2018 | $4,295 | $116,750 | $46,170 | $70,580 |
| 2017 | $4,137 | $116,750 | $46,170 | $70,580 |
| 2016 | $4,092 | $116,750 | $46,170 | $70,580 |
| 2015 | $3,815 | $116,750 | $46,170 | $70,580 |
| 2014 | $3,815 | $116,750 | $46,170 | $70,580 |
Source: Public Records
Agents Affiliated with this Home
-
Balsam Habboush
-
datacorrect BrightMLS
d
Buyer's Agent in 2018
datacorrect BrightMLS
Non Subscribing Office
-
Carlos Masip
Buyer's Agent in 2018
Carlos Masip
KW Empower
(267) 456-0448
98 Total Sales
Map
Source: Bright MLS
MLS Number: 1002071060
APN: 40-00-02216-003
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