$707,000
SOLD AUG 7, 2024

114 Walnut Ave Ardmore, PA 19003

-- Bed
-- Bath
2,512 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$281 Per Sq Ft

1% Below List Price

40 Days on Market

Highlights

  • Victorian Architecture
  • Ceramic Tile Flooring
  • Property is in excellent condition
  • Penn Valley School Rated A+
  • Hot Water Heating System

About This Home

As of August 2024

Welcome to 114 Walnut Ave, a stunning triplex nestled in the highly desirable location of Ardmore, PA. This immaculately maintained property boasts a prime position and is perfect for both owner occupants and savvy investors alike.

**Key Features:**
- **Fully Occupied Triplex:** Enjoy immediate rental income with all three units currently occupied. Some leases expiring soon if you are interested in a live in situation.
- **Highly Desirable Location:** Situated in the heart of Ardmore, this property offers convenience and accessibility.
- **Recent Updates:** All units have been recently updated, ensuring modern amenities and comfort for tenants.
- **Perfect for Owner Occupants:** With its well-maintained condition and prime location, this triplex is ideal for those looking to live in one unit while renting out the others.
- **Investment Opportunity:** For investors, this property presents a lucrative opportunity in a sought-after rental market. MASSIVE APPRECIATION POTENTIAL

**Location Highlights:**
- **Walking Distance to Lancaster Ave:** Explore the vibrant Lancaster Avenue with its array of high-end stores, trendy boutiques, and diverse dining options.
- **Nearby Amenities:** Residents can enjoy easy access to parks, schools, and recreational facilities.
- **Convenient Transportation:** Close proximity to public transportation options for commuting convenience.

Don't miss out on the chance to own this exceptional triplex in Ardmore—a property that combines comfort, convenience, and investment potential. Schedule a showing today to experience the allure of 114 Walnut Ave firsthand!

Last Agent to Sell the Property

William Holder

RE/MAX Classic

RE/MAX Classic

Last Buyer's Agent

Miles McNeary

BHHS Fox & Roach Malvern-Paoli License #RS370072

BHHS Fox & Roach Malvern-Paoli

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,297

Year Built

  • Built in 1900

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50.00 x 0.00
  • Property is in excellent condition

Parking

  • Driveway

Home Design

  • Triplex
  • Victorian Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Pitched Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,512 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Location

  • Suburban Location

Schools

  • Penn Valley Elementary School
  • Welsh Valley Middle School
  • Lower Merion High School

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 699
  • Assessor Parcel Number 40-00-63720-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,297

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-05-16
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 114 Walnut Ave, a stunning triplex nestled in the highly desirable location of Ardmore, PA. This immaculately maintained property boasts a prime position and is perfect for both owner occupants and savvy investors alike. **Key Features:** - **Fully Occupied Triplex:** Enjoy immediate rental income with all three units currently occupied. Some leases expiring soon if you are interested in a live in situation. - **Highly Desirable Location:** Situated in the heart of Ardmore, this property offers convenience and accessibility. - **Recent Updates:** All units have been recently updated, ensuring modern amenities and comfort for tenants. - **Perfect for Owner Occupants:** With its well-maintained condition and prime location, this triplex is ideal for those looking to live in one unit while renting out the others. - **Investment Opportunity:** For investors, this property presents a lucrative opportunity in a sought-after rental market. MASSIVE APPRECIATION POTENTIAL **Location Highlights:** - **Walking Distance to Lancaster Ave:** Explore the vibrant Lancaster Avenue with its array of high-end stores, trendy boutiques, and diverse dining options. - **Nearby Amenities:** Residents can enjoy easy access to parks, schools, and recreational facilities. - **Convenient Transportation:** Close proximity to public transportation options for commuting convenience. Don't miss out on the chance to own this exceptional triplex in Ardmore—a property that combines comfort, convenience, and investment potential. Schedule a showing today to experience the allure of 114 Walnut Ave firsthand!
  • Special Features: VirtualTour

Interior Features

  • Flooring Type: Laminate Plank, Carpet, Ceramic Tile
  • Fireplace: No
  • Foundation Details: Stone, Concrete Perimeter
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2512
  • Living Area Sq Ft: 2512
  • Price Per Sq Ft: 284.63
  • Above Grade Finished Sq Ft: 2512
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 114

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

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

Schools

  • School District: LOWER MERION
  • Elementary School: PENN VALLEY
  • Middle School: WELSH VALLEY
  • High School: LOWER MERION
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396851
  • School District Source: Listing Agent
  • Elementary School: PENN VALLEY
  • High School: LOWER MERION
  • Middle Or Junior School: WELSH VALLEY

Lot Info

  • Land Use Code: 1134
  • Lot Size Acres: 0.17
  • Lot Dimensions: 50.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Property Condition: Good, Very Good, Excellent
  • Year Assessed: 2024
  • Zoning: R6A
  • Zoning Description: RESIDENTIAL

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Water
  • Rent Control: No
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 4108.00
  • Tax Annual Amount: 5297.00
  • Assessor Parcel Number: 40-00-63720-005
  • Tax Lot: 699
  • Tax Total Finished Sq Ft: 2512
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 08/07/2024

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: LOWER MERION

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2024 08/07/24 Sold $707,000 -1.1% $281 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $715,000 -- $285 / 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
2024 $5,296 $126,840 $32,330 $94,510
2023 $5,075 $126,840 $32,330 $94,510
2022 $4,982 $126,840 $32,330 $94,510
2021 $4,869 $126,840 $32,330 $94,510
2020 $4,750 $126,840 $32,330 $94,510
2019 $4,666 $126,840 $32,330 $94,510
2018 $4,665 $126,840 $32,330 $94,510
2017 $4,495 $126,840 $32,330 $94,510
2016 $4,445 $126,840 $32,330 $94,510
2015 $4,144 $126,840 $32,330 $94,510
2014 $4,144 $126,840 $32,330 $94,510
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $516,110 New Conventional
Previous Owner $530,000 New Conventional
Previous Owner $139,425 No Value Available
Previous Owner $139,425 No Value Available
Previous Owner $1,400,000 No Value Available
Previous Owner $246,450 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $707,000 None Listed On Document
Deed $185,900 None Available
Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Deed $246,450 --
Interfamily Deed Transfer -- --
Deed $115,000 --
Source: Public Records

Source: Bright MLS

MLS Number: PAMC2104370

Bright MLS

APN: 40-00-63720-005