Seller's Agent in 2023
Rory Burkhart
EXP Realty, LLC
(610) 470-6131
114 in this area
347 Total Sales
110 Lafayette St Kennett Square, PA 19348
Estimated Value: $481,000 - $516,266
--
Bed
2
Baths
1,592
Sq Ft
$313/Sq Ft
Est. Value
Highlights
- Wood Flooring
- More Than Two Accessible Exits
- Hot Water Heating System
- Kennett High School Rated A-
About This Home
As of September 2023Fantastic investment opportunity in the heart of Kennett Square borough for this 2-unit duplex. Each unit has 2 Bedrooms and 1 Bath with large Family Room, Dining Room and Kitchen with a back porch and access to basement laundry. Both units are currently rented and have been freshly painted with all new lighting. Top floor has brand new wall-to-wall carpet and mirrors the 1st floor layout. Both units currently rented in 1 year leases for $1,750/month. This is a fantastic opportunity to own an investment property with walking distance to restaurants and shopping and easy access to all major routes in award-winning Kennett Consolidated SD!!
Last Agent to Sell the Property
EXP Realty, LLC License #RS-0017589 Listed on: 08/12/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,185
Year Built
- Built in 1940
Lot Details
- 6,401
Home Design
- Duplex
- Block Foundation
- Asphalt Roof
- Stucco
Interior Spaces
- 1,592 Sq Ft Home
- Wood Flooring
- Basement
- Rear Basement Entry
Parking
- 1 Parking Space
- 1 Driveway Space
- On-Street Parking
Utilities
- Heating System Uses Oil
- Hot Water Heating System
- Electric Water Heater
- Phone Available
- Cable TV Available
Additional Features
- More Than Two Accessible Exits
- 6,401 Sq Ft Lot
Listing and Financial Details
- The owner pays for real estate taxes
- Tax Lot 0232
- Assessor Parcel Number 03-02 -0232
Community Details
Overview
- 2 Units
Building Details
- Income includes apartment rentals
- Operating Expense $5,100
- Gross Income $42,000
- Net Operating Income $36,900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 12, 2023
Closed on
Sep 6, 2023
Sold by
Rbh Enterprises Llc
Bought by
144 West Cedar Llc
Seller's Agent
Rory Burkhart
EXP Realty, LLC
Buyer's Agent
Norma Ocampo
RE/MAX Excellence - Kennett Square
List Price
$485,000
Sold Price
$485,000
Views
55
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,810
Avg. Annual Appreciation
1.62%
Purchase Details
Listed on
Sep 17, 2021
Closed on
Jan 17, 2022
Sold by
Dean Street Fund 1
Bought by
Rbh Enterprises Llc
Seller's Agent
Rory Burkhart
EXP Realty, LLC
Buyer's Agent
Rory Burkhart
EXP Realty, LLC
List Price
$355,000
Sold Price
$355,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.93%
Purchase Details
Listed on
Sep 17, 2021
Closed on
Oct 28, 2021
Sold by
Flore Patrick J and Vetterlein James S
Bought by
Rbh Enterprises Llc
Seller's Agent
Rory Burkhart
EXP Realty, LLC
Buyer's Agent
Rory Burkhart
EXP Realty, LLC
List Price
$355,000
Sold Price
$355,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
2.99%
Mortgage Type
Future Advance Clause Open End Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 144 West Cedar Llc | $485,000 | None Listed On Document | |
| Rbh Enterprises Llc | $691,000 | Professional Land Services Llc | |
| Rbh Enterprises Llc | $355,000 | Professional Land Svcs Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rbh Enterprises Llc | $266,250 | |
| Previous Owner | Fiore Patrick J | $240,000 | |
| Previous Owner | Fiore Patrick J | $78,000 | |
| Previous Owner | Fiore Patrick J | $101,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/07/2023 09/07/23 | Sold | $485,000 | 0.0% | $305 / Sq Ft |
| 08/12/2023 08/12/23 | Pending | -- | -- | -- |
| 08/12/2023 08/12/23 | For Sale | $485,000 | 0.0% | $305 / Sq Ft |
| 06/01/2023 06/01/23 | Rented | $1,750 | 0.0% | -- |
| 05/08/2023 05/08/23 | Under Contract | -- | -- | -- |
| 05/02/2023 05/02/23 | For Rent | $1,750 | 0.0% | -- |
| 11/18/2021 11/18/21 | Sold | $355,000 | 0.0% | $223 / Sq Ft |
| 09/17/2021 09/17/21 | Pending | -- | -- | -- |
| 09/17/2021 09/17/21 | For Sale | $355,000 | -- | $223 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,348 | $109,760 | $30,820 | $78,940 |
| 2023 | $5,185 | $109,760 | $30,820 | $78,940 |
| 2022 | $4,739 | $109,760 | $30,820 | $78,940 |
| 2021 | $4,696 | $109,760 | $30,820 | $78,940 |
| 2020 | $4,617 | $109,760 | $30,820 | $78,940 |
| 2019 | $4,562 | $109,760 | $30,820 | $78,940 |
| 2018 | $4,456 | $109,760 | $30,820 | $78,940 |
| 2017 | $4,386 | $109,760 | $30,820 | $78,940 |
| 2016 | $435 | $109,760 | $30,820 | $78,940 |
| 2015 | $435 | $109,760 | $30,820 | $78,940 |
| 2014 | $435 | $109,760 | $30,820 | $78,940 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Norma Ocampo
RE/MAX
(610) 880-1062
11 in this area
62 Total Sales
Map
Source: Bright MLS
MLS Number: PACT2050496
APN: 03-002-0232.0000
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