NOT LISTED FOR SALE

1020 Fayette St Unit 23 Conshohocken, PA 19428

Estimated Value: $541,342 - $649,000

-- Bed
4 Baths
2,258 Sq Ft
$274/Sq Ft Est. Value

Last Sold November 13, 2015

Last sale price $340,000 $151 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,650/month

Highlights

  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Conshohocken Elementary School Rated A
  • En-Suite Primary Bedroom
  • Laundry Facilities

About This Home

As of November 2015

Great money making multi unit! This is zoned a Quad but is a Triplex. The first floor unit has a private entrance on side of building. Large updated kitchen, living room, 2 bedrooms, and 2 full baths. 2nd floor and 3rd floor enter through the front of the building. 2nd floor unit is a large 1 bedroom, 1 bath with updated kitchen. 3rd floor unit is a studio style with 1 bath, separate bedroom and living room with kitchenette. The basement is accessed through the bilco doors in the rear and has coin operated washer & dryer which adds to the income!! Large level rear yard with off street parking. This property has been updated, upgraded and maintained very well over the years. 1st & 2nd floor have been long term tenants. 3rd fl unit is being marketed for rent as well. This is a great property to add to your portfolio and will not last long!

Last Agent to Sell the Property

Maria Quattrone

(215) 607-3535 mquattrone@liveloveathome.com RE/MAX @ HOME License #RS281573 Listed on: 10/04/2015

RE/MAX @ HOME

Co-Listed By

Marisa Keown

(610) 755-1343 marisakeown@gmail.com The Real Estate Group, LLC License #RS283811

Last Buyer's Agent

Patrick Rust

(215) 803-9502 pat@rustrealestate.com Rust Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,519

Year Built

  • Built in 1920

Lot Details

  • 4,650 Sq Ft Lot
  • Property is in good condition

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,258 Sq Ft Home
  • Unfinished Basement
  • Partial Basement

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • Driveway
  • On-Street Parking

Schools

  • Conshohocken Elementary School
  • Colonial Middle School
  • Plymouth Whitemarsh High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 023
  • Assessor Parcel Number 05-00-03056-008

Community Details

Building Details

  • Income includes laundry
  • Insurance Expense $1,395
  • Maintenance Expense $992
  • Operating Expense $5,906

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,519

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1920
  • Remarks Public: Great money making multi unit! This is zoned a Quad but is a Triplex. The first floor unit has a private entrance on side of building. Large updated kitchen, living room, 2 bedrooms, and 2 full baths. 2nd floor and 3rd floor enter through the front of the building. 2nd floor unit is a large 1 bedroom, 1 bath with updated kitchen. 3rd floor unit is a studio style with 1 bath, separate bedroom and living room with kitchenette. The basement is accessed through the bilco doors in the rear and has coin operated washer & dryer which adds to the income!! Large level rear yard with off street parking. This property has been updated, upgraded and maintained very well over the years. 1st & 2nd floor have been long term tenants. 3rd fl unit is being marketed for rent as well. This is a great property to add to your portfolio and will not last long!
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace: No
  • Entry Location: Common
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Common
  • Total Sq Ft: 2258
  • Living Area Sq Ft: 2258
  • Price Per Sq Ft: 163.86
  • Above Grade Finished Sq Ft: 2258
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1020

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: COLONIAL
  • Elementary School: CONSHOHOCKEN
  • Middle School: COLONIAL
  • High School: PLYMOUTH WHITEMARSH
  • School District Key: 300200397034
  • Elementary School: CONSHOHOCKEN
  • High School: PLYMOUTH WHITEMARSH
  • Middle Or Junior School: COLONIAL

Lot Info

  • Land Use Code: 1136
  • Lot Size Acres: 0.11
  • Lot Dimensions: 25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4650.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 35376.00
  • Income Includes: Laundry
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 596893
  • Tax Annual Amount: 3519.00
  • Assessor Parcel Number: 05-00-03056-008
  • Tax Lot: 023
  • Tax Year: 2015
  • Close Date: 11/13/2015

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2015
Closed on
Nov 13, 2015
Sold by
1020 Fayette Street Lp
Bought by
Mac & Mac Holdings Llc
Seller's Agent
Maria Quattrone
RE/MAX @ HOME
Buyer's Agent
Patrick Rust
Rust Real Estate, LLC
List Price
$370,000
Sold Price
$340,000
Premium/Discount to List
-$30,000
-8.11%
Current Estimated Value
$617,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,836
Avg. Annual Appreciation
6.21%
Original Mortgage
$900,000
Interest Rate
3.95%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 10, 1997
Sold by
Richer Jeffrey and Richer Bonnie I
Bought by
1020 Fayette Street Lp
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
Mac & Mac Holdings Llc $340,000 Title Services
1020 Fayette Street Lp $101,898 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2015 11/13/15 Sold $340,000 -8.1% $151 / Sq Ft
10/19/2015 10/19/15 Pending -- -- --
10/04/2015 10/04/15 For Sale $370,000 -- $164 / 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 $4,495 $129,550 $36,720 $92,830
2024 $4,495 $129,550 $36,720 $92,830
2023 $4,343 $129,550 $36,720 $92,830
2022 $4,250 $129,550 $36,720 $92,830
2021 $4,131 $129,550 $36,720 $92,830
2020 $3,902 $129,550 $36,720 $92,830
2019 $3,791 $129,550 $36,720 $92,830
2018 $952 $129,550 $36,720 $92,830
2017 $3,668 $129,550 $36,720 $92,830
2016 $3,617 $129,550 $36,720 $92,830
2015 $3,558 $129,550 $36,720 $92,830
2014 $3,466 $129,550 $36,720 $92,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003469699

Bright MLS

APN: 05-00-03056-008