NOT LISTED FOR SALE

Estimated Value: $288,573 - $353,000

-- Bed
2 Baths
1,854 Sq Ft
$175/Sq Ft Est. Value

Last Sold August 28, 2014

Last sale price $165,000 $89 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,209/month

91 Days on Market

Highlights

  • No HOA
  • 4-minute walk to Morton
  • Central Air
  • Springfield High School Rated A-
  • En-Suite Primary Bedroom
  • 3-minute walk to Jacob's Park

About This Home

As of August 2014

Duplex- 2 Units with 2 Bedrooms each. All utilities are separate and paid by each tenant. The 1st floor unit includes 2 Bedrooms, Living Room, Bath with Laundry Area, rear exit and a small deck. The 2nd floor has 2 levels - Living Room, Kitchen, Laundry Room, Bath on 1st level; 2nd level includes 2 nice sized Bedrooms and ample closet space. Pictures were taken when each property was empty. Both units are rented and have tenants interested in staying. Property is being sold "as is", buyer responsible for U & O cert and repairs. Borough requires yearly certification for rentals. Investors Alert: Profitable Investment. As a 1st time investor move into the 2nd floor and let your tenant pay your mortgage. Parking is available in the Rear and on the street. Located blocks from the Morton train station, public transportation, major highways and shopping. Property has strong rental record. Prospective tenants are always available. The adjacent lot is for sale under separate MLS#6358042 and folio#29-00-00653-00. All Packages offers will be considered.

Last Agent to Sell the Property

Lavinia Beulah

BHHS Fox & Roach-Media License #RS274636 Listed on: 03/21/2014

BHHS Fox & Roach-Media

Last Buyer's Agent

Elizabeth Newcomb

RE/MAX Main Line-Paoli

RE/MAX Main Line-Paoli

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,041

Year Built

  • Built in 1924

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x115
  • Property is in good condition

Parking

  • 2 Open Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,854 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Flooring

  • Wall to Wall Carpet
  • Vinyl

Schools

  • Richardson Middle School
  • Springfield High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 047-000
  • Assessor Parcel Number 29-00-00654-00

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $216
  • Insurance Expense $800
  • Maintenance Expense $100
  • Operating Expense $5,330

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,041

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Entry Location: Foyer
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1854
  • Living Area Sq Ft: 1854
  • Price Per Sq Ft: 80.91
  • Above Grade Finished Sq Ft: 1854
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Shingle
  • 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: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Expense: 216.00
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 233.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: SPRINGFIELD
  • Middle School: RICHARDSON
  • High School: SPRINGFIELD
  • School District Key: 300200397362
  • High School: SPRINGFIELD
  • Middle Or Junior School: RICHARDSON

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X115
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Property Condition: Good
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 22200.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 512170
  • Tax Annual Amount: 4041.00
  • Assessor Parcel Number: 29-00-00654-00
  • Tax Lot: 047-000
  • Tax Year: 2014
  • Close Date: 08/28/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2014
Closed on
Aug 28, 2014
Sold by
Smith Walter L
Bought by
R & M Real Estate Llc
Seller's Agent
Lavinia Beulah
BHHS Fox & Roach-Media
Buyer's Agent
Elizabeth Newcomb
RE/MAX Main Line-Paoli
List Price
$159,999
Sold Price
$165,000
Premium/Discount to List
$5,001
3.13%
Current Estimated Value
$324,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,393
Avg. Annual Appreciation
5.30%
Original Mortgage
$123,750
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2008
Sold by
Smith Walter L and Smith Jermaine L
Bought by
Smith Walter L

Purchase Details

Closed on
Jun 10, 2003
Sold by
Smith Walter L
Bought by
Smith Walter L and Smith Jermaine L

Purchase Details

Closed on
Apr 24, 2003
Sold by
Walker Caleb
Bought by
Smith Walter L
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
R & M Real Estate Llc $165,000 None Available
Smith Walter L -- None Available
Smith Walter L -- None Available
Smith Walter L -- --
Smith Walter L $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed R & M Real Estate Llc $123,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2014 08/28/14 Sold $165,000 +3.1% $89 / Sq Ft
06/20/2014 06/20/14 Pending -- -- --
03/21/2014 03/21/14 For Sale $159,999 -- $86 / 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 $5,295 $169,790 $29,930 $139,860
2023 $3,979 $169,790 $29,930 $139,860
2022 $5,068 $169,790 $29,930 $139,860
2021 $7,523 $169,790 $29,930 $139,860
2020 $4,572 $89,850 $26,770 $63,080
2019 $4,484 $89,850 $26,770 $63,080
2018 $4,427 $89,850 $0 $0
2017 $4,345 $89,850 $0 $0
2016 $493 $89,850 $0 $0
2015 $503 $89,850 $0 $0
2014 $503 $89,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002849874

Bright MLS

APN: 29-00-00654-00