NOT LISTED FOR SALE

111 5th Ave Broomall, PA 19008

Estimated Value: $450,000 - $557,000

-- Bed
2 Baths
1,664 Sq Ft
$289/Sq Ft Est. Value

Last Sold July 24, 2024

Last sale price $435,000 $261 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,960/month

3 Days on Market

Highlights

  • Cape Cod Architecture
  • Russell Elementary School Rated A
  • Hot Water Heating System

About This Home

As of July 2024

Welcome to 111 5th Avenue in Broomall, PA! This duplex features two separate units: the first floor with 2 bedrooms and 1 full bath, and the second floor, also with 2 bedrooms and 1 full bath, which is currently rented until the end of December 2024. The property includes a basement accessible through the first floor unit or via bilco doors on the side of the house. It offers a fantastic opportunity for both homeowners and investors. Homeowners can move into the first floor and use the rental income from the second floor to help cover their mortgage, while savvy investors can make appropriate upgrades to enhance the property's cash flow potential. Showings are currently available for the first floor only, as the second floor tenant is not to be disturbed. This duplex is perfect for those looking to maximize their investment or enjoy a cost-effective homeownership experience. Schedule your showing today!

Last Agent to Sell the Property

Stephanie Russel

Keller Williams Real Estate - Media License #RS328855 Listed on: 06/20/2024

Keller Williams Real Estate - Media

Last Buyer's Agent

ERIK J. Lee

Keller Williams Main Line License #RS328302

Keller Williams Main Line

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,324

Year Built

  • Built in 1954

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60.00 x 120.00

Home Design

  • Duplex
  • Cape Cod Architecture
  • Stucco

Interior Spaces

  • 1,664 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 490-000
  • Assessor Parcel Number 25-00-01467-00

Community Details

Overview

  • 2 Units
  • 2-Story Building

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,324

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: Tenants belongings, seller's belongings in basement
  • Inclusions: Washer, dryer, and kitchen refrigerator in unit 1 and unit 2.
  • New Construction: No
  • Year Built: 1954
  • Remarks Public: Welcome to 111 5th Avenue in Broomall, PA! This duplex features two separate units: the first floor with 2 bedrooms and 1 full bath, and the second floor, also with 2 bedrooms and 1 full bath, which is currently rented until the end of December 2024. The property includes a basement accessible through the first floor unit or via bilco doors on the side of the house. It offers a fantastic opportunity for both homeowners and investors. Homeowners can move into the first floor and use the rental income from the second floor to help cover their mortgage, while savvy investors can make appropriate upgrades to enhance the property's cash flow potential. Showings are currently available for the first floor only, as the second floor tenant is not to be disturbed. This duplex is perfect for those looking to maximize their investment or enjoy a cost-effective homeownership experience. Schedule your showing today!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1664
  • Living Area Sq Ft: 1664
  • Price Per Sq Ft: 240.38
  • Above Grade Finished Sq Ft: 1664
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 111

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: MARPLE NEWTOWN
  • School District Key: 300200397356
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R-20
  • Lot Size Acres: 0.16
  • Lot Dimensions: 60.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00
  • Year Assessed: 2024
  • Zoning: R-20

Rental Info

  • Existing Lease Type: Yearly
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • School Tax: 2905.00
  • Tax Annual Amount: 4324.00
  • Assessor Parcel Number: 25-00-01467-00
  • Tax Lot: 490-000
  • Tax Total Finished Sq Ft: 1664
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 07/24/2024

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: MARPLE NEWTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Jul 9, 2024
Sold by
Iezzi Paul J
Bought by
Dow Joseph Basem and Dow Jessica
Seller's Agent
Stephanie Russel
Keller Williams Real Estate - Media
Buyer's Agent
ERIK J. Lee
Keller Williams Main Line
List Price
$400,000
Sold Price
$435,000
Premium/Discount to List
$35,000
8.75%
Views
46
Current Estimated Value
$481,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,023
Avg. Annual Appreciation
2.26%
Original Mortgage
$326,250
Outstanding Balance
$322,558
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$123,668

Purchase Details

Listed on
Mar 10, 2012
Closed on
May 31, 2012
Sold by
Lund Kathryn Anne
Bought by
Iezzi Paul J
Seller's Agent
Wesley Gerstenkorn
Premier Property Sales & Rentals
Buyer's Agent
Tessa Kahley
BHHS Fox & Roach-Haverford
List Price
$209,900
Sold Price
$190,000
Premium/Discount to List
-$19,900
-9.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$186,558
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 2, 2001
Sold by
Oneill Hugh P
Bought by
Lund Kathryn Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,250
Interest Rate
6.77%

Purchase Details

Closed on
May 17, 1995
Sold by
Welsh Michael A and Welsh Elizabeth A
Bought by
Oneill Hugh P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,794
Interest Rate
8.21%
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
Dow Joseph Basem $435,000 Title Forward
Iezzi Paul J $190,000 Stewart Title Guaranty Co
Lund Kathryn Anne $152,500 --
Oneill Hugh P $134,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dow Joseph Basem $326,250
Previous Owner Iezzi Paul J $186,558
Previous Owner Lund Kathryn Anne $137,250
Previous Owner Oneill Hugh P $133,794
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2024 07/24/24 Sold $435,000 +8.8% $261 / Sq Ft
06/20/2024 06/20/24 For Sale $400,000 +110.5% $240 / Sq Ft
05/31/2012 05/31/12 Sold $190,000 -9.5% $114 / Sq Ft
04/21/2012 04/21/12 Pending -- -- --
03/10/2012 03/10/12 For Sale $209,900 -- $126 / 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
2025 $4,324 $250,240 $83,780 $166,460
2024 $4,324 $250,240 $83,780 $166,460
2023 $4,187 $250,240 $83,780 $166,460
2022 $4,108 $250,240 $83,780 $166,460
2021 $6,200 $250,240 $83,780 $166,460
2020 $3,751 $130,350 $39,730 $90,620
2019 $3,706 $130,350 $39,730 $90,620
2018 $3,667 $130,350 $0 $0
2017 $3,669 $130,350 $0 $0
2016 $715 $130,350 $0 $0
2015 $715 $130,350 $0 $0
2014 $715 $130,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2070066

Bright MLS

APN: 25-00-01467-00