NOT LISTED FOR SALE

103 Ardmore Ave Ardmore, PA 19003

Estimated Value: $673,000 - $717,000

-- Bed
3 Baths
2,300 Sq Ft
$302/Sq Ft Est. Value

Last Sold November 20, 2012

Last sale price $370,000 $161 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,132/month

3 Days on Market

Highlights

  • 0.44 Acre Lot
  • No HOA
  • Forced Air Heating System
  • Penn Wynne Elementary School Rated A+
  • En-Suite Primary Bedroom
  • 4-minute walk to Vernon Young Memorial Park

About This Home

As of November 2012

Fully Occupied 3 unit building in good condition with good parking in "walkable" neighborhood. Landlord supplies water, sewage cost, heat, snow and lawn care and trash removal. Tenant pays for electric and gas for hot water and cooking. Washer and Dryer are owned and serviced by an outside company. Common gas fired hot air heat, seperate electric services and gas hot water tanks. This is a tremendous investment opportunity at this price! This property is classified by Lower Merion Township as a "Class II" Historical Property.

Last Listed By

Patrick Clark

Keller Williams Main Line License #AB046279A Listed on: 09/27/2012

Keller Williams Main Line

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,930

Year Built

  • Built in 1900

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 50x190
  • Property is in good condition

Home Design

  • Triplex
  • Stone Foundation
  • Pitched Roof
  • Asbestos

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,300 Sq Ft Home
  • Wall to Wall Carpet
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 418
  • Assessor Parcel Number 40-00-01360-004

Community Details

Overview

  • No Home Owners Association

Building Details

  • Income includes laundry
  • Operating Expense $3,930

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,930

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenants Property. Attached Lockboox On Front Porch.
  • Inclusions: 3 Refrigerators In As-Is Condition
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: Fully Occupied 3 unit building in good condition with good parking in "walkable" neighborhood. Landlord supplies water, sewage cost, heat, snow and lawn care and trash removal. Tenant pays for electric and gas for hot water and cooking. Washer and Dryer are owned and serviced by an outside company. Common gas fired hot air heat, seperate electric services and gas hot water tanks. This is a tremendous investment opportunity at this price! This property is classified by Lower Merion Township as a "Class II" Historical Property.
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Has Laundry
  • Total Sq Ft: 2300
  • Living Area Sq Ft: 2300
  • Price Per Sq Ft: 160.83
  • Above Grade Finished Sq Ft: 2300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 103

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Asbestos
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched
  • 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: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • 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: LOWER MERION
  • School District Key: 300200396851

Lot Info

  • Land Use Code: 1134
  • Lot Size Acres: 0.44
  • Lot Dimensions: 50X190
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18950.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: R6A

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 30660.00
  • Income Includes: Laundry
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 716533
  • Tax Annual Amount: 3930.00
  • Assessor Parcel Number: 40-00-01360-004
  • Tax Lot: 418
  • Tax Year: 2012
  • Close Date: 11/20/2012

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2012
Closed on
Nov 20, 2012
Sold by
Alden Helen H
Bought by
Zhang Kathy Guixin and Huang Stephen Xiaofeng
Seller's Agent
Patrick Clark
Keller Williams Main Line
Buyer's Agent
Lily Wu
Keller Williams Main Line
List Price
$369,900
Sold Price
$370,000
Premium/Discount to List
$100
0.03%
Total Days on Market
3
Current Estimated Value
$694,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,887
Avg. Annual Appreciation
5.17%
Original Mortgage
$259,000
Outstanding Balance
$183,034
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$510,914

Purchase Details

Closed on
May 20, 2009
Sold by
Alden Helen
Bought by
Helen H Alden Tr

Purchase Details

Closed on
Jun 4, 2001
Sold by
Beck Natalie L
Bought by
Alden Helen

Purchase Details

Closed on
Sep 2, 1994
Sold by
Beck Leonid P
Bought by
Beck Natalie L

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
Zhang Kathy Guixin $370,000 Title Resources Guaranty Co
Helen H Alden Tr -- None Available
Alden Helen $420,000 --
Beck Natalie L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Kathy Guixin $259,000
Previous Owner Alden Helen $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2012 11/20/12 Sold $370,000 0.0% $161 / Sq Ft
09/30/2012 09/30/12 Pending -- -- --
09/27/2012 09/27/12 For Sale $369,900 -- $161 / 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
2024 $5,324 $127,500 $40,640 $86,860
2023 $5,103 $127,500 $40,640 $86,860
2022 $5,008 $127,500 $40,640 $86,860
2021 $4,894 $127,500 $40,640 $86,860
2020 $4,775 $127,500 $40,640 $86,860
2019 $4,690 $127,500 $40,640 $86,860
2018 $4,690 $127,500 $40,640 $86,860
2017 $4,518 $127,500 $40,640 $86,860
2016 $4,468 $127,500 $40,640 $86,860
2015 $4,166 $127,500 $40,640 $86,860
2014 $4,166 $127,500 $40,640 $86,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003444415

Bright MLS

APN: 40-00-01360-004