NOT LISTED FOR SALE

103 E Ridley Ave Ridley Park, PA 19078

Estimated Value: $674,187

Studio
-- Bath
3,000 Sq Ft
$225/Sq Ft Est. Value

Sale Details

Date Sold: March 23, 2022

Last sale price $580,000 $193 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,862 / mo

13 Days on Market

Highlights

  • Wood Flooring
  • 2-minute walk to Ridley Park
  • Forced Air Heating and Cooling System
  • Victorian Architecture
  • Corner Lot
  • 1-minute walk to Veterans Park

About This Home

As of March 2022

Fabulous Victorian Triplex in the heart of historic Ridley Park Borough! Once a physician’s office, now an updated multi-family dwelling with a magnificent front wrap-around covered porch! The first floor is a complete renovation now featuring and open floor plan with three bedrooms, two full baths, and a gourmet granite kitchen featuring a center island with pendant lighting, and plenty of living space for the owner occupant or a very desirable space and location for a tenant. The second floor features a two bedroom, modern apartment, and the third floor features an updated one-bedroom apartment with plenty of storage! The windows are new throughout. The gorgeous front porch has been rejuvenated and attractive ceiling fans added and all can sit out and enjoy! The exterior is maintenance-free and has a new, freshly blacktopped driveway with parking for 10, a full basement with outside entrance for laundry and storage. New Roof (2021) New Windows (2021). This property is perfectly located in a great neighborhood and a short walk to the train, shopping, dining, schools and Ridley Lake! This is a great opportunity for both the investor or for an owner/occupant looking for residual income! Everything is perfect for the next owner!

Last Agent to Sell the Property

Patti Rodgers Morrisette

(610) 892-8300 mediaoffice@longandfoster.com Long & Foster Real Estate, Inc. License #RS273102 Listed on: 01/22/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Michael Knowles

(484) 367-7727 urephillyoffice@gmail.com United Real Estate

United Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,517

Year Built

  • Built in 1920 | Remodeled in 2021

Lot Details

  • Lot Dimensions are 170.00 x 135.00
  • Corner Lot
  • Level Lot
  • Historic Home
  • Property is in excellent condition

Home Design

  • 3,000 Sq Ft Home
  • Triplex
  • Victorian Architecture
  • Block Foundation
  • Plaster Walls
  • Shingle Roof
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Carpet

Home Security

  • Fire Escape
  • Flood Lights

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Driveway
  • Parking Lot

Schools

  • Lakeview Elementary School
  • Ridley Middle School
  • Ridley High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Built-In Range
  • Energy-Efficient Windows
  • Unfinished Basement

Listing and Financial Details

  • The owner pays for lawn/shrub care, repairs, pest control, snow removal, personal property taxes, real estate taxes
  • Tax Lot 331-000
  • Assessor Parcel Number 37-00-01755-00

Community Details

Overview

  • 3 Units
  • 3-Story Building

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals
  • Insurance Expense $2,000
  • Maintenance Expense $1,500
  • Other Expense $1,400
  • Operating Expense $2,500
  • Gross Income $49,200
  • Net Operating Income $18,017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,517

Year Built

Built in 1920 | Remodeled in 2021

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Historic: Yes
  • Home Warranty: No
  • New Construction: No
  • Other Expense: 1400.00
  • Expected On Market: 2022-01-23
  • Year Built: 1920
  • Year Renovated: 2021
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Special Features: NewHome

Interior Features

  • Appliances: Built-In Range
  • Flooring Type: Hardwood, Carpet
  • Window Features: Energy Efficient
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Foundation Details: Concrete Perimeter, Block
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 205.00
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • Exterior Features: Fire Escape, Flood Lights, Sidewalks, Street Lights
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 10

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Cable Tv Available, Natural Gas Available, Water Available, Sewer Available
  • Water Previous Twelve Months: 840.00
  • Water Source: Public
  • Internet Services: Fiber Optic

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: LAKEVIEW
  • High School: RIDLEY
  • Middle Or Junior School: RIDLEY

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 242850.00
  • Land Assessed Value: 121470.00
  • Lot Features: Corner, Level
  • Lot Dimensions: 170.00 x 135.00
  • Lot Size Units: Square Feet
  • Property Condition: Excellent
  • Zoning: MULTI-FAMILY/COMMERCIAL
  • Zoning Description: Residential Multi-Family

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Lawn/Shrub Care, Repairs, Pest Control, Snow Removal, Taxes - Personal Property, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 49200.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 541282
  • School Tax: 8628.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 11517.00
  • Assessor Parcel Number: 37-00-01755-00
  • Tax Lot: 331-000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

Multi Family

  • Number Of Units Vacant: 1
  • Gross Income: 49200.00
  • Gross Scheduled Income: 49200.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 2500.00

MLS Schools

  • School District Name: RIDLEY

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2022
Closed on
Mar 22, 2022
Sold by
Bought by
Seller's Agent
Patti Rodgers Morrisette
Long & Foster Real Estate, Inc.
Buyer's Agent
Michael Knowles
United Real Estate
List Price
$615,000
Sold Price
$580,000
Premium/Discount to List
-$35,000
-5.69%
Current Estimated Value
$674,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,187
Avg. Annual Appreciation
3.61%

Purchase Details

Listed on
Jan 23, 2021
Closed on
May 18, 2021
Sold by
Bought by
Seller's Agent
Sebastian Brevart
RE/MAX Town & Country
Buyer's Agent
Patti Rodgers Morrisette
Long & Foster Real Estate, Inc.
List Price
$399,900
Sold Price
$255,000
Premium/Discount to List
-$144,900
-36.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
160.01%

Purchase Details

Closed on
Dec 17, 1985
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$580,000 Horizon Abstract
$255,000 Sage Premier Settlements
$140,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/23/2022 03/23/22 Sold $580,000 -5.7% $193 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
01/22/2022 01/22/22 For Sale $615,000 +141.2% $205 / Sq Ft
05/12/2021 05/12/21 Sold $255,000 +2.0% -- View Prior Sale
03/09/2021 03/09/21 Pending -- -- --
02/26/2021 02/26/21 Price Changed $250,000 -37.5% --
01/23/2021 01/23/21 For Sale $399,900 -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $14,516 $364,320 $121,470 $242,850
2025 $12,650 $364,320 $121,470 $242,850
2024 $12,650 $364,320 $121,470 $242,850
2023 $12,095 $364,320 $121,470 $242,850
2022 $11,634 $364,320 $121,470 $242,850
2021 $17,935 $364,320 $121,470 $242,850
2020 $12,656 $224,800 $110,370 $114,430
2019 $12,416 $224,800 $110,370 $114,430
2018 $12,058 $224,800 $0 $0
2017 $12,058 $224,800 $0 $0
2016 $1,234 $224,800 $0 $0
2015 $1,234 $224,800 $0 $0
2014 $1,234 $224,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2016658

Bright MLS

APN: 37-00-01755-00

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