NOT LISTED FOR SALE

1027 Broad St Darby, PA 19023

Estimated Value: $269,000 - $697,417

-- Bed
4 Baths
3,340 Sq Ft
$134/Sq Ft Est. Value

Last Sold February 22, 2016

Last sale price $250,000 $75 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,128/month

Highlights

  • Wood Flooring
  • 3-minute walk to North Street
  • Baseboard Heating
  • No HOA
  • En-Suite Primary Bedroom
  • Laundry Facilities

About This Home

As of February 2016

Rare opportunity to own an all brick quadriplex with positive cash flow! Neat and clean describes this well kept property, located on a quiet residential street, with off street parking. Each unit contains a spacious living room, dining area, kitchen, ceramic tile bath and 2 good sized bedrooms. Additional secure storage is provided in the basement level, where the coin-op laundry generates additional income. The building has replacement windows, some newer appliances, some new copper piping and baseboard, all separate utilities, with the exception of water and common area electric.

Last Agent to Sell the Property

Maureen Stewart

(610) 909-6581 soldonstewart@gmail.com Long & Foster Real Estate, Inc. License #AB049196L Listed on: 04/25/2015

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Sam Kranyak

(610) 909-8423 samantha.kranyak@gmail.com Keller Williams Real Estate -Exton

Keller Williams Real Estate -Exton

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 5,600 Sq Ft Lot
  • Lot Dimensions are 56x100

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • En-Suite Primary Bedroom
  • 3,340 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Parking Lot

Schools

  • Academy Park High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 575-000
  • Assessor Parcel Number 11-00-00373-00

Community Details

Building Details

  • Income includes laundry
  • Electric Expense $480
  • Insurance Expense $600
  • Maintenance Expense $820
  • Other Expense $250
  • Operating Expense $16,873

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenants Possessions
  • Inclusions: Refrigerators
  • New Construction: No
  • Other Expense: 250.00
  • Storage: Basement
  • Year Built: 1970
  • Remarks Public: Rare opportunity to own an all brick quadriplex with positive cash flow! Neat and clean describes this well kept property, located on a quiet residential street, with off street parking. Each unit contains a spacious living room, dining area, kitchen, ceramic tile bath and 2 good sized bedrooms. Additional secure storage is provided in the basement level, where the coin-op laundry generates additional income. The building has replacement windows, some newer appliances, some new copper piping and baseboard, all separate utilities, with the exception of water and common area electric.
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Laminated
  • Fireplace: No
  • Entry Location: Common
  • Foundation Details: Concrete Perimeter
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Common
  • Total Sq Ft: 3340
  • Living Area Sq Ft: 3340
  • Price Per Sq Ft: 74.85
  • Above Grade Finished Sq Ft: 3340
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1027

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Roof: Flat
  • 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
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Expense: 480.00
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water, Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 4733.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: SOUTHEAST DELCO
  • High School: ACADEMY PARK
  • School District Key: 300200397361
  • High School: ACADEMY PARK

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 56X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5600.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 42600.00
  • Income Includes: Laundry
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 422139
  • Tax Annual Amount: 10270.00
  • Assessor Parcel Number: 11-00-00373-00
  • Tax Lot: 575-000
  • Tax Year: 2016
  • Close Date: 02/22/2016

MLS Schools

  • School District Name: SOUTHEAST DELCO

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2015
Closed on
Feb 22, 2016
Sold by
Mahil Llc
Bought by
Walls Sonia V and Walls Victor R
Seller's Agent
Maureen Stewart
Long & Foster Real Estate, Inc.
Buyer's Agent
Sam Kranyak
Keller Williams Real Estate -Exton
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$446,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,854
Avg. Annual Appreciation
6.21%
Original Mortgage
$187,500
Outstanding Balance
$149,326
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$297,528

Purchase Details

Listed on
Feb 2, 2012
Closed on
May 23, 2012
Sold by
Fannie Mae
Bought by
Mahil Llc
Seller's Agent
Mitchell Cohen
Premier Real Estate Inc
Buyer's Agent
Mohammad Sabir
RE/MAX Preferred - Malvern
List Price
$200,000
Sold Price
$172,500
Premium/Discount to List
-$27,500
-13.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.40%

Purchase Details

Closed on
Jun 14, 2011
Sold by
Paoletti Louis Pastalone Joseph S and Wells Fargo Bank N A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 18, 2007
Sold by
Charles Lennox R and Charles Elenor E
Bought by
Pastolone Louis and Paoletti Joseph S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2004
Sold by
Tascione Rodolfo and Tascione Beatrice
Bought by
Charles Lennox R and Charles Elenor E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,079
Interest Rate
5.75%
Mortgage Type
FHA
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
Walls Sonia V $250,000 Fidelity Natl Title Ins Co
Mahil Llc $172,500 None Available
Federal National Mortgage Association -- None Available
Pastolone Louis $350,000 First American Title Ins
Charles Lennox R $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walls Sonia V $187,500
Previous Owner Pastolone Louis $315,000
Previous Owner Charles Lennox R $243,079
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/22/2016 02/22/16 Sold $250,000 0.0% $75 / Sq Ft
12/10/2015 12/10/15 Pending -- -- --
04/25/2015 04/25/15 For Sale $250,000 +44.9% $75 / Sq Ft
05/25/2012 05/25/12 Sold $172,500 -13.8% $52 / Sq Ft View Prior Sale
03/08/2012 03/08/12 Pending -- -- --
02/02/2012 02/02/12 For Sale $200,000 -- $60 / 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 $9,104 $201,030 $24,500 $176,530
2024 $9,104 $201,030 $24,500 $176,530
2023 $8,863 $201,030 $24,500 $176,530
2022 $8,526 $201,030 $24,500 $176,530
2021 $11,743 $201,030 $24,500 $176,530
2020 $10,329 $162,500 $20,180 $142,320
2019 $9,957 $162,500 $20,180 $142,320
2018 $9,736 $162,500 $0 $0
2017 $9,555 $162,500 $0 $0
2016 $892 $177,625 $0 $0
2015 $995 $177,625 $0 $0
2014 $995 $177,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002585126

Bright MLS

APN: 11-00-00373-00