$360,000
SOLD SEP 23, 2021

11 E Felton St Ridley Park, PA 19078

-- Bed
-- Bath
1,920 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$188 Per Sq Ft

3% Above List Price

2 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • 2-minute walk to Spirit of America Park
  • No HOA

About This Home

As of September 2021

Attention investors & first-time home buyers looking for a live-in investment property! This VERY well maintained 3-unit property may be just what you are looking for. The first and second floor apartments both feature 2 bedrooms and 1 full bath. Both have central air and a NEW bay window was just installed in the first floor unit. The lower level unit has 1 bedroom and 1 full bath, no central air but a wall unit, NEW carpets were just installed in the second unit and new doors were replaced throughout and recently painted. Windows throughout the property are all newer (replaced within the past couple of years), Newer roof in 2019 along with a new retaining wall in rear of property. There is a full basement with separate storage available for all three units and 1 Washer and 1 Dryer for use by all tenants. Washer & Dryer are coin operated. Plenty of parking available with the large private driveway and off-street parking. GREAT LOCATION! The property is across the street from Taylor Hospital, close to great shopping options and convenient access to the highway. All three units are currently occupied. The current leases are all month-to-month with 60 day notice. (Current rent is $950/month for the 2-bedroom units and $750/month for the 1-bedroom -(These could easily be increase to $1250/month and $950/month respectively in today's market). Tenants are responsible for their own utilities. Only serious buyers, please! We are asking all interested buyers to please provide either proof of funds or a pre-approval BEFORE a showing can be confirmed since these are all occupied and will have to be confirmed with each tenant. Don't miss this great opportunity!

Last Agent to Sell the Property

Dawn Mollichella

RE/MAX Town & Country License #RS311299 Listed on: 07/13/2021

RE/MAX Town & Country

Last Buyer's Agent

Matt Fetick

EXP Realty, LLC License #RS-0019528

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,785

Year Built

  • Built in 1960

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 45.00 x 104.00

Home Design

  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,920 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Private Parking
  • Shared Driveway
  • On-Street Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • The owner pays for advertising/licenses and permits, miscellaneous, snow removal
  • Tax Lot 427-000
  • Assessor Parcel Number 37-00-00707-00

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Vacant Units
  • Income includes laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,785

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Expected On Market: 2021-07-13
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Remarks Public: Attention investors & first-time home buyers looking for a live-in investment property! This VERY well maintained 3-unit property may be just what you are looking for. The first and second floor apartments both feature 2 bedrooms and 1 full bath. Both have central air and a NEW bay window was just installed in the first floor unit. The lower level unit has 1 bedroom and 1 full bath, no central air but a wall unit, NEW carpets were just installed in the second unit and new doors were replaced throughout and recently painted. Windows throughout the property are all newer (replaced within the past couple of years), Newer roof in 2019 along with a new retaining wall in rear of property. There is a full basement with separate storage available for all three units and 1 Washer and 1 Dryer for use by all tenants. Washer & Dryer are coin operated. Plenty of parking available with the large private driveway and off-street parking. GREAT LOCATION! The property is across the street from Taylor Hospital, close to great shopping options and convenient access to the highway. All three units are currently occupied. The current leases are all month-to-month with 60 day notice. (Current rent is $950/month for the 2-bedroom units and $750/month for the 1-bedroom -(These could easily be increase to $1250/month and $950/month respectively in today's market). Tenants are responsible for their own utilities. Only serious buyers, please! We are asking all interested buyers to please provide either proof of funds or a pre-approval BEFORE a showing can be confirmed since these are all occupied and will have to be confirmed with each tenant. Don't miss this great opportunity!
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1920
  • Living Area Sq Ft: 1920
  • Price Per Sq Ft: 182.29
  • Above Grade Finished Sq Ft: 1920
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Private, Shared Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: RIDLEY
  • Elementary School: LAKEVIEW
  • Middle School: RIDLEY
  • High School: RIDLEY
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200397359
  • School District Source: 3rd Party
  • Elementary School: LAKEVIEW
  • High School: RIDLEY
  • Middle Or Junior School: RIDLEY

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 162120.00
  • Land Assessed Value: 61760.00
  • Land Use Code: R-20
  • Lot Size Acres: 0.11
  • Lot Dimensions: 45.00 x 104.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 3
  • Owner Pays: Advertising/Licenses And Permits, Miscellaneous, Snow Removal
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 540290
  • School Tax: 5010.00
  • Tax Annual Amount: 6785.00
  • Assessor Parcel Number: 37-00-00707-00
  • Tax Lot: 427-000
  • Tax Total Finished Sq Ft: 1920
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 09/23/2021

Multi Family

  • Number Of Units Vacant: 3
  • Income Includes: Laundry

MLS Schools

  • School District Name: RIDLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Sep 23, 2021
Sold by
Bender Glenn S
Bought by
Berger Julie Ann
Seller's Agent
Dawn Mollichella
RE/MAX Town & Country
Buyer's Agent
Matt Fetick
EXP Realty, LLC
List Price
$350,000
Sold Price
$360,000
Premium/Discount to List
$10,000
2.86%
Current Estimated Value
$459,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,845
Avg. Annual Appreciation
2.92%
Original Mortgage
$270,000
Outstanding Balance
$248,871
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$153,351

Purchase Details

Closed on
Oct 15, 2002
Sold by
Bender Glenn S and Bender Thomas E
Bought by
Bender Glenn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $360,000 Chadds Ford Abstract Inc
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $270,000 New Conventional
Previous Owner $115,000 New Conventional
Previous Owner $112,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2021 09/23/21 Sold $360,000 +2.9% $188 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $350,000 -- $182 / 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 $7,774 $223,880 $61,760 $162,120
2023 $7,432 $223,880 $61,760 $162,120
2022 $7,149 $223,880 $61,760 $162,120
2021 $11,021 $223,880 $61,760 $162,120
2020 $6,830 $121,310 $37,960 $83,350
2019 $6,700 $121,310 $37,960 $83,350
2018 $6,507 $121,310 $0 $0
2017 $6,507 $121,310 $0 $0
2016 $666 $121,310 $0 $0
2015 $666 $121,310 $0 $0
2014 $666 $121,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2002154

Bright MLS

APN: 37-00-00707-00