Seller's Agent in 2016
Jim Wagner
RE/MAX
(610) 888-2822
8 in this area
51 Total Sales
115 S Walnut St West Chester, PA 19382
Estimated Value: $705,000 - $900,000
--
Bed
4
Baths
2,734
Sq Ft
$291/Sq Ft
Est. Value
Highlights
- Wood Flooring
- No HOA
- Hot Water Heating System
- Exton Elementary School Rated A
- En-Suite Primary Bedroom
- 2-minute walk to John O. Green Memorial Park
About This Home
As of August 2016Introducing 115 S Walnut Street, a three-unit building available in beautiful downtown West Chester, a great building with big apartments that attract very nice, long-term tenants. There are three apartments, all of which have been redone recently, two 2-bedroom apartments ($1,300 and $1,200 1/3 of heat) in the rear and a 1 (or 2) bedroom townhouse-style apartment in the front ($1,100). The apartments all make great use of space with nice flow, large rooms, lots of windows and classic woodwork. Seven spots of off-street parking, none of it stacked. New gas heater. Big, dry basements for storage. Video surveillance of parking areas and front porch. Nice fenced yard and multiple decks and porches. No student permits, so only one student per unit unless owner-occupied. Just two blocks from the center of town. Separate laundry hookups for each unit. Tenants pay electric and hot water. Could easily be reconfigured into a large single family home. $1,574 for water and sewer, $640 for alarm and phone, $1,696 for heat, $2,110 for insurance in 2015.
Last Agent to Sell the Property
RE/MAX Action Associates License #RM028246C Listed on: 05/27/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,271
Year Built
- Built in 1890
Lot Details
- 4,089 Sq Ft Lot
- West Facing Home
Parking
- 8 Open Parking Spaces
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Stone Foundation
- Pitched Roof
- Shingle Roof
- Metal Roof
Interior Spaces
- En-Suite Primary Bedroom
- 2,734 Sq Ft Home
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Washer and Dryer Hookup
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
- Vinyl
Utilities
- Cooling System Mounted In Outer Wall Opening
- Radiator
- Heating System Uses Gas
- Hot Water Heating System
- 100 Amp Service
- Natural Gas Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Operating Expense $4,200
Listing and Financial Details
- Tax Lot 0506
- Assessor Parcel Number 01-09 -0506
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 5, 2021
Sold by
Leonard Kara M and Gabries Kara M
Bought by
Gabries Kara M and Gabries Richard A
Total Days on Market
35
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,000
Outstanding Balance
$331,277
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$464,434
Purchase Details
Listed on
May 27, 2016
Closed on
Aug 23, 2016
Sold by
Abrahams Keir
Bought by
Leonard Kara M
Seller's Agent
Jim Wagner
RE/MAX Action Associates
Buyer's Agent
Christopher Richetti
Core Property Management Realty
List Price
$595,000
Sold Price
$505,000
Premium/Discount to List
-$90,000
-15.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$378,750
Interest Rate
3.46%
Purchase Details
Closed on
Jan 31, 2002
Sold by
Dorn Michael W
Bought by
Abrahams Keir
Purchase Details
Closed on
Apr 30, 1999
Sold by
Bachman Walter E and Bachman Elaine M
Bought by
Dorn Michael W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,250
Interest Rate
6.92%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Gabries Kara M | -- | City Abstract Llc | |
| Leonard Kara M | $505,000 | Attorney | |
| Abrahams Keir | $240,000 | -- | |
| Dorn Michael W | $165,000 | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gabries Kara M | $367,000 | |
| Closed | Leonard Kara | $378,750 | |
| Previous Owner | Abrahams Keir | $360,000 | |
| Previous Owner | Abrahams Keir | $75,000 | |
| Previous Owner | Dorn Michael W | $160,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/23/2016 08/23/16 | Sold | $505,000 | -15.1% | $185 / Sq Ft |
| 07/01/2016 07/01/16 | Pending | -- | -- | -- |
| 05/27/2016 05/27/16 | For Sale | $595,000 | -- | $218 / Sq Ft |
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 |
|---|---|---|---|---|
| 2024 | $4,799 | $136,800 | $30,950 | $105,850 |
| 2023 | $4,745 | $136,800 | $30,950 | $105,850 |
| 2022 | $4,694 | $136,800 | $30,950 | $105,850 |
| 2021 | $4,598 | $136,800 | $30,950 | $105,850 |
| 2020 | $4,513 | $136,800 | $30,950 | $105,850 |
| 2019 | $4,460 | $136,800 | $30,950 | $105,850 |
| 2018 | $4,379 | $136,800 | $30,950 | $105,850 |
| 2017 | $4,299 | $136,800 | $30,950 | $105,850 |
| 2016 | $3,054 | $136,800 | $30,950 | $105,850 |
| 2015 | $3,054 | $136,800 | $30,950 | $105,850 |
| 2014 | $3,054 | $136,800 | $30,950 | $105,850 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Wagner
-
Christopher Richetti
Buyer's Agent in 2016
Christopher Richetti
Core Property Management Realty
(484) 947-7932
1 in this area
38 Total Sales
Map
Source: Bright MLS
MLS Number: 1002435060
APN: 01-009-0506.0000
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