Seller's Agent in 2015
Katherine Binnion
Compass RE
(484) 433-2358
1 in this area
39 Total Sales
113 Ardmore Ave Ardmore, PA 19003
Estimated Value: $874,053
--
Bed
2
Baths
--
Sq Ft
0.46
Acres
Highlights
- 0.46 Acre Lot
- No HOA
- Heating System Uses Gas
- Penn Wynne Elementary School Rated A+
- Asbestos
- 4-minute walk to Vernon Young Memorial Park
About This Home
As of February 2015Great opportunity in Lower Merion. Multiple Use Property. Twin/Duplex with Two Apartments(1st Floor -1 Bedroom 1 Bath, 2nd/3rd Floor - 3 Bedroom, 1 bath; currently occupied)Off street Parking for Apartments. The Current Owners have a Lawn Mower Sales/Repair/Service Business. Multiple garages, Office area with customer shop/showroom (air conditioned). Other Garages have multiple bays for repair/storage. The business is fully fenced, security system and separate from the apartments in the front of the property. It is zoned R6A - in Lower Merion and allows for a Lawn Mowing Sales/Service. Buildings are in good shape, well maintained and there is plenty of driveway space for customers. Great location - close to the heart of Ardmore, public transportation and good visibility from the street. All Zoning/Variance inguiries - call Listing Agent to get contact info for LM Township Personnel.
Last Agent to Sell the Property
(484) 433-2358 binnionkatie@gmail.com Compass RE License #RS278284 Listed on: 11/14/2014
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,450
Year Built
- Built in 1961
Lot Details
- 0.46 Acre Lot
- Property is in good condition
Home Design
- Shingle Siding
- Asbestos
Parking
- 4 Open Parking Spaces
- 8 Parking Spaces
Schools
- Bala Cynwyd Middle School
- Lower Merion High School
Utilities
- Heating System Uses Gas
- Natural Gas Water Heater
Additional Features
- Laundry in unit
- Basement Fills Entire Space Under The House
Listing and Financial Details
- Tax Lot 413
- Assessor Parcel Number 40-00-01380-002
Community Details
Overview
- No Home Owners Association
Building Details
- Electric Expense $3,000
- Operating Expense $10,821
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 14, 2014
Closed on
Feb 15, 2015
Sold by
Forlano Louis and Forlano Donna L
Bought by
Neill Realty 113 Lp
Seller's Agent
Katherine Binnion
Compass RE
Buyer's Agent
Jordan Arnold
Compass RE
List Price
$499,000
Sold Price
$470,000
Premium/Discount to List
-$29,000
-5.81%
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
$404,053
Avg. Annual Appreciation
5.91%
Original Mortgage
$352,500
Outstanding Balance
$268,988
Interest Rate
3.66%
Mortgage Type
Commercial
Estimated Equity
$605,065
Purchase Details
Closed on
Feb 5, 2004
Sold by
Santoleri Albert L and Santoleri Nicholas C
Bought by
Forlano Louis and Forlano Donna L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,200
Interest Rate
5.83%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| Neill Realty 113 Lp | $470,000 | None Available | |
| Forlano Louis | $374,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Neill Realty 113 Lp | $352,500 | |
| Previous Owner | Forlano Louis | $299,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/20/2015 02/20/15 | Sold | $470,000 | -5.8% | -- |
| 11/28/2014 11/28/14 | Pending | -- | -- | -- |
| 11/14/2014 11/14/14 | For Sale | $499,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $5,688 | $136,190 | $44,360 | $91,830 |
| 2024 | $5,688 | $136,190 | $44,360 | $91,830 |
| 2023 | $5,451 | $136,190 | $44,360 | $91,830 |
| 2022 | $5,350 | $136,190 | $44,360 | $91,830 |
| 2021 | $5,228 | $136,190 | $44,360 | $91,830 |
| 2020 | $5,100 | $136,190 | $44,360 | $91,830 |
| 2019 | $5,010 | $136,190 | $44,360 | $91,830 |
| 2018 | $5,010 | $136,190 | $44,360 | $91,830 |
| 2017 | $4,826 | $136,190 | $44,360 | $91,830 |
| 2016 | $4,773 | $136,190 | $44,360 | $91,830 |
| 2015 | $4,450 | $136,190 | $44,360 | $91,830 |
| 2014 | $4,450 | $136,190 | $44,360 | $91,830 |
Source: Public Records
Agents Affiliated with this Home
-
Katherine Binnion
-
Jordan Arnold
Buyer's Agent in 2015
Jordan Arnold
Compass RE
(215) 479-5800
5 in this area
72 Total Sales
Map
Source: Bright MLS
MLS Number: 1003461769
APN: 40-00-01380-002
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