NOT LISTED FOR SALE

1123 Potter St Chester, PA 19013

Estimated Value: $181,000 - $202,090

-- Bed
2 Baths
1,532 Sq Ft
$124/Sq Ft Est. Value

Last Sold March 26, 2024

Last sale price $185,000 $121 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,053/month

72 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Property is in very good condition
  • Combination Kitchen and Living
  • Hot Water Heating System
  • Stacked Washer and Dryer

About This Home

As of March 2024

Welcome to this fantastic investment opportunity in Chester, PA! This well-maintained duplex offers two updated one-bedroom, one-bathroom apartments, each ready to be rented. The units have the potential of generating a combined monthly income of $2050, with each apartment renting for $1025 a month.

Both units boast modern interior features, including in-unit laundry, ample storage space, laminate flooring, and fresh paint. The updated kitchens in each unit are equipped with plenty of storage and pantry areas. The upstairs unit features a full open concept living space, while the downstairs unit offers a separate living room with an eat-in kitchen and full sight lines between the two spaces.

The exterior of the property features a secure front entrance, with the downstairs unit offering a private fenced yard and access to the basement for additional storage. The upstairs unit includes a balcony overlooking the yard, providing a relaxing outdoor space for tenants. The downstairs has forced air heat and the upstairs has electric baseboard heaters.

Conveniently located near major highways, Philadelphia, New Jersey, and Delaware, this property offers easy access to a variety of amenities and attractions, including Widener University.

Don't miss out on this incredible investment opportunity in a prime location. Schedule a showing today and seize the potential of this income-generating duplex!

Last Agent to Sell the Property

Jennifer Rothenberger

(856) 322-2964 jennifer.rothenberger@foxroach.com Compass New Jersey, LLC - Moorestown License #RS370988 Listed on: 12/17/2023

Compass New Jersey, LLC - Moorestown

Co-Listed By

Cherryblossom Harrison

(267) 974-1223 cherryblossom.harrison@compass.com Compass RE License #RS316945

Last Buyer's Agent

Eli Qarkaxhia

(215) 731-4116 eli@qanduteam.com Compass RE

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $697

Year Built

  • Built in 1920

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 15.00 x 100.00
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,532 Sq Ft Home
  • Combination Kitchen and Living
  • Laminate Flooring
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Built-In Microwave

Schools

  • Chester High School

Utilities

  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for lawn/shrub care, snow removal, sewer maintenance, real estate taxes, water
  • Tax Lot 600-015
  • Assessor Parcel Number 49-02-01390-00

Community Details

Overview

  • 2 Units

Building Details

  • 2 Vacant Units
  • Income includes apartment rentals
  • Insurance Expense $1,125
  • Maintenance Expense $800
  • Operating Expense $6,420
  • Net Operating Income $19,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$697

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: All Appliances and fixtures
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Welcome to this fantastic investment opportunity in Chester, PA! This well-maintained duplex offers two updated one-bedroom, one-bathroom apartments, each ready to be rented. The units have the potential of generating a combined monthly income of $2050, with each apartment renting for $1025 a month. Both units boast modern interior features, including in-unit laundry, ample storage space, laminate flooring, and fresh paint. The updated kitchens in each unit are equipped with plenty of storage and pantry areas. The upstairs unit features a full open concept living space, while the downstairs unit offers a separate living room with an eat-in kitchen and full sight lines between the two spaces. The exterior of the property features a secure front entrance, with the downstairs unit offering a private fenced yard and access to the basement for additional storage. The upstairs unit includes a balcony overlooking the yard, providing a relaxing outdoor space for tenants. The downstairs has forced air heat and the upstairs has electric baseboard heaters. Conveniently located near major highways, Philadelphia, New Jersey, and Delaware, this property offers easy access to a variety of amenities and attractions, including Widener University. Don't miss out on this incredible investment opportunity in a prime location. Schedule a showing today and seize the potential of this income-generating duplex!
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Refrigerator, Oven/Range - Gas, Built-In Microwave
  • Flooring Type: Laminate Plank
  • Interior Amenities: Combination Kitchen/Living, Kitchen - Eat-In, Pantry
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 1532
  • Living Area Sq Ft: 1532
  • Price Per Sq Ft: 127.28
  • Above Grade Finished Sq Ft: 1532
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1123

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: CHESTER-UPLAND
  • High School: CHESTER
  • High School Source: Listing Agent
  • School District Key: 300200397352
  • School District Source: 3rd Party
  • High School: CHESTER

Lot Info

  • Land Use Code: R-20
  • Lot Size Acres: 0.03
  • Lot Dimensions: 15.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: RES

Rental Info

  • Existing Lease Type: None
  • Ground Rent Exists: No
  • Owner Pays: Lawn/Shrub Care, Snow Removal, Sewer Maintenance, Taxes - Real Estate, Water
  • Rent Control: No
  • Total Actual Rent: 24600.00
  • Vacation Rental: No

Tax Info

  • School Tax: 367.00
  • Tax Annual Amount: 697.00
  • Assessor Parcel Number: 49-02-01390-00
  • Tax Lot: 600-015
  • Tax Total Finished Sq Ft: 1532
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 03/26/2024

Multi Family

  • Number Of Units Vacant: 2
  • Gross Income: 26160.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 6420.00

MLS Schools

  • School District Name: CHESTER-UPLAND

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2023
Closed on
Mar 26, 2024
Sold by
Rs Chester I Llc
Bought by
Murgueytio Guillermo
Seller's Agent
Jennifer Rothenberger
Compass New Jersey, LLC - Moorestown
Buyer's Agent
Eli Qarkaxhia
Compass RE
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%
Views
101
Current Estimated Value
$189,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,773
Avg. Annual Appreciation
1.61%
Original Mortgage
$148,000
Outstanding Balance
$145,742
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$44,031

Purchase Details

Closed on
Mar 26, 2021
Sold by
Best Homes Ddj Llc
Bought by
Rs Chester I Llc

Purchase Details

Listed on
Mar 11, 2013
Closed on
May 1, 2013
Sold by
Fannie Mae
Bought by
Best Homes Ddj Llc
Seller's Agent
Michael Wilson
BHHS Fox & Roach-Greenville
Buyer's Agent
Gwen Skalish
BHHS Fox & Roach-Media
List Price
$10,900
Sold Price
$10,200
Premium/Discount to List
-$700
-6.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.44%

Purchase Details

Listed on
Mar 11, 2013
Closed on
Apr 8, 2013
Sold by
Donofrio Robert R and Aurora Bank Fsb
Bought by
Federal National Mortgage Association
Seller's Agent
Michael Wilson
BHHS Fox & Roach-Greenville
Buyer's Agent
Gwen Skalish
BHHS Fox & Roach-Media
List Price
$10,900
Sold Price
$10,200
Premium/Discount to List
-$700
-6.42%

Purchase Details

Closed on
Aug 4, 2004
Sold by
Jacobs William A
Bought by
Donofrio Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,650
Interest Rate
5.85%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Murgueytio Guillermo $185,000 None Listed On Document
Rs Chester I Llc $5,209,000 None Available
Best Homes Ddj Llc $10,200 Land Title Services
Federal National Mortgage Association -- None Available
Donofrio Robert R $28,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murgueytio Guillermo $148,000
Previous Owner Donofrio Robert R $25,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2024 03/26/24 Sold $185,000 -5.1% $121 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
12/17/2023 12/17/23 For Sale $195,000 +1811.8% $127 / Sq Ft
05/16/2013 05/16/13 Sold $10,200 -6.4% $7 / Sq Ft View Prior Sale
04/17/2013 04/17/13 Pending -- -- --
03/11/2013 03/11/13 For Sale $10,900 -- $7 / 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 $701 $113,775 $5,940 $107,835
2024 $701 $25,710 $5,940 $19,770
2023 $721 $25,710 $5,940 $19,770
2022 $734 $25,710 $5,940 $19,770
2021 $329 $25,710 $5,940 $19,770
2020 $75 $13,800 $3,720 $10,080
2019 $75 $13,800 $3,720 $10,080
2018 $77 $13,800 $0 $0
2017 $77 $13,800 $0 $0
2016 $76 $13,800 $0 $0
2015 $77 $13,800 $0 $0
2014 $77 $13,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PADE2058816

Bright MLS

APN: 49-02-01390-00