$730,000
SOLD JUN 20, 2025

114 N Essex Ave Narberth, PA 19072

-- Bed
-- Bath
2,743 Sq Ft
6,250 Sq Ft Lot

Recently Sold

$266 Per Sq Ft

8% Below List Price

18 Days on Market

Highlights

  • Traditional Architecture
  • 3-minute walk to Narberth
  • 3 Car Detached Garage
  • Belmont Hills El School Rated A+
  • Wood Flooring
  • 5-minute walk to Narberth Park

About This Home

As of June 2025

Welcome to this classically styled tri-plex investment opportunity with charming curb appeal in the heart of downtown Narberth! This property boasts an inviting front porch that welcomes you to the first-level 1-bedroom, 1.5 bathroom apartment, featuring 9’ ceilings, crown molding, hardwood floors, and a fireplace with hand crafted tile and intricate woodwork in the dining area. The tri-plex is comprised of three separate units, each with its own electric meter and water heater, ensuring convenience for tenants. The second and third floors are easily accessible via a side door, providing additional independence for each apartment. Each unit has its own possibilities for full renovations and varying layouts.Situated in a prime location, this property is just steps away from vibrant shops, delightful restaurants, a local movie theater, and the serene Sabine and Narberth parks. Tenants will also appreciate the proximity to various schools and churches, as well as the convenience of the Paoli R5 regional rail line, which provides quick access to Center City Philadelphia.With three off-street parking garages, enjoy the added benefit of secure and convenient parking.Please note that the units have not been occupied recently, so there are no current rents to provide. The property is being sold AS IS, and the buyer will be responsible for obtaining the Use and Occupancy (U&O) permit with Narberth Borough in Lower Merion Township.Don’t miss this chance to invest in a property with old-school charm in a 5-star location—ideal for those looking to make their mark in the thriving rental market of Narberth! Schedule your showing today!

Last Agent to Sell the Property

Aimee Alexander

Compass RE License #RS207982L Listed on: 04/29/2025

Compass RE

Co-Listed By

Meghan Chorin

Compass RE

Last Buyer's Agent

Helene De Vlieghere

Weichert, Realtors - Cornerstone

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,182

Year Built

  • Built in 1900

Lot Details

  • 6,250 Sq Ft Lot
  • Lot Dimensions are 50.00 x 0.00

Parking

  • 3 Car Detached Garage
  • 3 Off-Street Spaces

Home Design

  • Triplex
  • Traditional Architecture
  • Stone Foundation
  • Slate Roof
  • Masonry

Interior Spaces

  • 2,743 Sq Ft Home
  • Wood Flooring
  • Unfinished Basement

Schools

  • Lower Merion High School

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Steam
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 12-00-01171-005

Community Details

Overview

  • 3 Units
  • Narberth Subdivision

Building Details

  • 3 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,182

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Hutch in Dining Room
  • New Construction: No
  • Expected On Market: 4/29/2025 12:00:00 AM
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Remarks Public: Welcome to this classically styled tri-plex investment opportunity with charming curb appeal in the heart of downtown Narberth! This property boasts an inviting front porch that welcomes you to the first-level 1-bedroom, 1.5 bathroom apartment, featuring 9’ ceilings, crown molding, hardwood floors, and a fireplace with hand crafted tile and intricate woodwork in the dining area. The tri-plex is comprised of three separate units, each with its own electric meter and water heater, ensuring convenience for tenants. The second and third floors are easily accessible via a side door, providing additional independence for each apartment. Each unit has its own possibilities for full renovations and varying layouts. Situated in a prime location, this property is just steps away from vibrant shops, delightful restaurants, a local movie theater, and the serene Sabine and Narberth parks. Tenants will also appreciate the proximity to various schools and churches, as well as the convenience of the Paoli R5 regional rail line, which provides quick access to Center City Philadelphia. With three off-street parking garages, enjoy the added benefit of secure and convenient parking. Please note that the units have not been occupied recently, so there are no current rents to provide. The property is being sold AS IS, and the buyer will be responsible for obtaining the Use and Occupancy (U&O) permit with Narberth Borough in Lower Merion Township. Don’t miss this chance to invest in a property with old-school charm in a 5-star location—ideal for those looking to make their mark in the thriving rental market of Narberth! Schedule your showing today!
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2743
  • Living Area Sq Ft: 2743
  • Price Per Sq Ft: 289.83
  • Above Grade Finished Sq Ft: 2743
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 114

Exterior Features

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

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage, Off Street
  • Off Street Parking Spaces: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C, Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator, Steam
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: LOWER MERION
  • High School: LOWER MERION
  • High School Source: Listing Agent
  • School District Key: 300200396851
  • School District Source: Listing Agent
  • High School: LOWER MERION

Lot Info

  • Land Use Code: 1136
  • Lot Size Acres: 0.14
  • Lot Dimensions: 50.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6250.00
  • Year Assessed: 2025
  • Zoning: R4
  • Zoning Description: Downtown District - This district permits a variety of housing and commercial uses, such as multiple-story and mixed-use.

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 6987.00
  • Tax Annual Amount: 10182.00
  • Assessor Parcel Number: 12-00-01171-005
  • Tax Lot: 32
  • Tax Total Finished Sq Ft: 2743
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 06/20/2025

Multi Family

  • Number Of Units Vacant: 3

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2025
Closed on
Jun 16, 2025
Sold by
Kathleen D Cirelli Irrevocable Trust and Stowe Kristen Cirelli
Bought by
Thomas And Yoko Chow Trust
Seller's Agent
Aimee Alexander
Compass RE
Buyer's Agent
Helene De Vlieghere
Weichert, Realtors - Cornerstone
List Price
$795,000
Sold Price
$730,000
Premium/Discount to List
-$65,000
-8.18%
Views
160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.87%

Purchase Details

Closed on
Oct 8, 2019
Sold by
Cirelli Kathleen
Bought by
Cirelli Trust

Purchase Details

Closed on
Jul 25, 2005
Sold by
Alden Helen H
Bought by
Cirelli Kathleen
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 Type Sale Price Title Company
Deed $730,000 Assured Settlement
Deed $730,000 Assured Settlement
Deed -- None Available
Deed $475,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Credit Line Revolving
Previous Owner $50,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Sold $730,000 -8.2% $266 / Sq Ft
05/18/2025 05/18/25 Pending -- -- --
04/29/2025 04/29/25 For Sale $795,000 -- $290 / 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 $9,775 $206,050 $70,950 $135,100
2024 $9,775 $206,050 $70,950 $135,100
2023 $9,416 $206,050 $70,950 $135,100
2022 $9,696 $206,050 $70,950 $135,100
2021 $9,079 $206,050 $70,950 $135,100
2020 $8,854 $206,050 $70,950 $135,100
2019 $8,717 $206,050 $70,950 $135,100
2018 $5,923 $206,050 $70,950 $135,100
2017 $8,406 $206,050 $70,950 $135,100
2016 $8,326 $206,050 $70,950 $135,100
2015 $7,677 $206,050 $70,950 $135,100
2014 $7,677 $206,050 $70,950 $135,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2138394

Bright MLS

APN: 12-00-01171-005