NOT LISTED FOR SALE

111 Iona Ave Narberth, PA 19072

Estimated Value: $744,000 - $1,002,076

Studio
4 Baths
2,844 Sq Ft
$324/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $775,000 $273 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,505/month

51 Days on Market

Highlights

  • Colonial Architecture
  • Belmont Hills El School Rated A+
  • Forced Air Heating and Cooling System

About This Home

As of January 2022

This listing is for a Triplex. All three units are 2-bedroom with updated kitchens, A/C, and in-unit washers and dryers. All units have separate electric and gas and pay their own utilities. Landlord currently pays common area electric (hallways and basement), as well as insurance, common area maintinance, and property taxes. Parking in driveway for 5+ vehicles. Detached garage is currently being leased to a local artist. Gross income/ annual rent income of $61,260 for all 3 triplex units and the detached garage space. Net operating income $50,273.

Last Agent to Sell the Property

Jack Aezen

(610) 822-3356 kenenochs@compass.com Compass RE License #RS226201L Listed on: 10/18/2021

Compass RE

Last Buyer's Agent

William Wolverton

(610) 994-9750 will@wolvertonco.com Wolverton & Company LLC License #RM421657

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,991

Year Built

  • Built in 1880

Lot Details

  • 6,562 Sq Ft Lot
  • Lot Dimensions are 50.00 x 0.00

Home Design

  • 2,844 Sq Ft Home
  • Triplex
  • Colonial Architecture
  • Masonry

Parking

  • 5 Parking Spaces
  • 5 Driveway Spaces

Utilities

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

Community Details

  • 3 Units
  • 3 Vacant Units

Listing and Financial Details

  • Tax Lot 034
  • Assessor Parcel Number 12-00-01993-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,991

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1880
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Foundation Details: Other
  • Total Sq Ft: 2844
  • Living Area Sq Ft: 2844
  • Price Per Sq Ft: 281.29
  • Above Grade Finished Sq Ft: 2844
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • 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: 5
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 5

Utilities

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 50.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6562.00
  • Zoning: 1136 RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 612171
  • School Tax: 5576.00
  • Tax Annual Amount: 7991.00
  • Assessor Parcel Number: 12-00-01993-002
  • Tax Lot: 034
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Number Of Units Vacant: 3
  • Other Units: Unit 4

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2021
Closed on
Jan 26, 2022
Sold by
Glomac Partnership Lllp
Bought by
Badgio Peter and Badgio Eli
Seller's Agent
Jack Aezen
Compass RE
Buyer's Agent
William Wolverton
Wolverton & Company LLC
List Price
$800,000
Sold Price
$775,000
Premium/Discount to List
-$25,000
-3.12%
Current Estimated Value
$922,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,019
Avg. Annual Appreciation
4.45%
Original Mortgage
$581,250
Outstanding Balance
$453,160
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$468,859

Purchase Details

Closed on
Jul 25, 2016
Sold by
Gordon Jason B
Bought by
Glomac Partnership Lllp

Purchase Details

Closed on
Oct 13, 2011
Sold by
Paige John Howard
Bought by
Gordon Jason B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Badgio Peter $775,000 Society Hill Abstract
Glomac Partnership Lllp $781,000 None Available
Gordon Jason B $330,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Badgio Peter $581,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2022 01/28/22 Sold $775,000 -3.1% $273 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
10/18/2021 10/18/21 For Sale $800,000 -- $281 / Sq Ft
Source: Bright MLS

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 $8,488 $178,910 $73,570 $105,340
2024 $8,488 $178,910 $73,570 $105,340
2023 $8,176 $178,910 $73,570 $105,340
2022 $8,419 $178,910 $73,570 $105,340
2021 $7,883 $178,910 $73,570 $105,340
2020 $7,687 $178,910 $73,570 $105,340
2019 $7,569 $178,910 $73,570 $105,340
Source: Public Records

Agents Affiliated with this Home

  • Jack Aezen

    Seller's Agent in 2022

    Jack Aezen

    Compass RE

    (610) 662-1066

    2 in this area

    101 Total Sales

    Jack Aezen
    Section Image
  • William Wolverton

    Buyer's Agent in 2022

    William Wolverton

    Wolverton & Company LLC

    (610) 585-4447

    5 in this area

    36 Total Sales

    William Wolverton
    Section Image
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Map

Source: Bright MLS

MLS Number: PAMC2014002

Bright MLS

APN: 12-00-01993-002

Pennsylvania Montgomery County Narberth 19072

111 Iona Ave, Narberth, PA

Not Listed for Sale

MultiFamily

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