NOT LISTED FOR SALE

115 Walnut Ave Ardmore, PA 19003

Estimated Value: $694,000 - $889,481

-- Bed
3 Baths
2,575 Sq Ft
$299/Sq Ft Est. Value

Last Sold September 12, 2017

Last sale price $565,000 $219 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,546/month

15 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating System
  • Penn Valley School Rated A+
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of September 2017

Rare find in Ardmore, Lower Merion SD. Fully rented 3 unit apartment building. One and Two Bed Apartments. Completely renovated. Hardwood floors, new kitchens, granite countertops, new appliances, new HVAC system, washer / dryer in each unit. Private decks. Off street parking. Back yard. Great tenant history, annual leases.

Last Agent to Sell the Property

Branka Saula

(484) 639-3748 branka.saula@compass.com KW Greater West Chester License #RS298421 Listed on: 08/02/2017

KW Greater West Chester

Last Buyer's Agent

Brendan Reilly

(215) 510-2992 brendan@crescentrealestate.net Crescent Real Estate License #RM422357

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,035

Year Built

  • Built in 1900

Lot Details

  • 8,750 Sq Ft Lot
  • Property is in good condition

Parking

  • 4 Open Parking Spaces

Home Design

  • Triplex
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,575 Sq Ft Home
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 684
  • Assessor Parcel Number 40-00-63820-004

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $355
  • Insurance Expense $1,200
  • Maintenance Expense $1,050
  • Other Expense $1,200
  • Operating Expense $11,831

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,035

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Property
  • New Construction: No
  • Other Expense: 1200.00
  • Storage: Basement
  • Year Built: 1900
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Wood
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Washer In Unit, Dryer In Unit, Has Laundry
  • Total Sq Ft: 2575
  • Living Area Sq Ft: 2575
  • Price Per Sq Ft: 213.20
  • Above Grade Finished Sq Ft: 2575
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 4

Utilities

  • Annual Heating Expense: 961.00
  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Expense: 355.00
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1030.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Lot Size Acres: 0.20
  • Lot Dimensions: 50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8750.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: R6A

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 57600.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Tax Annual Amount: 6035.00
  • Assessor Parcel Number: 40-00-63820-004
  • Tax Lot: 684
  • Tax Year: 2017

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2017
Closed on
Sep 6, 2017
Sold by
Weisberg Richard C
Bought by
115 Walnut Avenue Llc
Seller's Agent
Branka Saula
KW Greater West Chester
Buyer's Agent
Brendan Reilly
Crescent Real Estate
List Price
$549,000
Sold Price
$565,000
Premium/Discount to List
$16,000
2.91%
Current Estimated Value
$769,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,120
Avg. Annual Appreciation
3.81%

Purchase Details

Listed on
May 16, 2013
Closed on
Aug 19, 2013
Sold by
Mcclelland Glenn W and Mcclelland Natalie H
Bought by
Weisberg Richard C
Seller's Agent
Kevin Murphy
Main Line Executive Realty
Buyer's Agent
Tammy Eason
Coldwell Banker Realty
List Price
$290,000
Sold Price
$240,000
Premium/Discount to List
-$50,000
-17.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.61%
Original Mortgage
$180,000
Interest Rate
4.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Buyer Sale Price Title Company
115 Walnut Avenue Llc $565,000 None Available
Weisberg Richard C $240,000 Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weisberg Richard C $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2017 09/12/17 Sold $565,000 +2.9% $219 / Sq Ft
08/17/2017 08/17/17 Pending -- -- --
08/02/2017 08/02/17 For Sale $549,000 +128.8% $213 / Sq Ft
08/29/2013 08/29/13 Sold $240,000 -17.2% $93 / Sq Ft View Prior Sale
07/18/2013 07/18/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $290,000 -- $113 / 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 $6,148 $147,210 $34,110 $113,100
2024 $6,148 $147,210 $34,110 $113,100
2023 $5,892 $147,210 $34,110 $113,100
2022 $5,782 $147,210 $34,110 $113,100
2021 $5,651 $147,210 $34,110 $113,100
2020 $5,513 $147,210 $34,110 $113,100
2019 $5,415 $147,210 $34,110 $113,100
2018 $5,415 $147,210 $34,110 $113,100
2017 $5,216 $147,210 $34,110 $113,100
2016 $5,159 $147,210 $34,110 $113,100
2015 $4,810 $147,210 $34,110 $113,100
2014 $4,810 $147,210 $34,110 $113,100
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Branka Saula

    KW Greater West Chester

    (484) 639-3748

    2 in this area

    43 Total Sales

    Branka Saula
    Section Image
  • Brendan Reilly

    Buyer's Agent in 2017

    Brendan Reilly

    Crescent Real Estate

    (215) 510-2992

    131 Total Sales

    Brendan Reilly
    Section Image
  • Kevin Murphy

    Seller's Agent in 2013

    Kevin Murphy

    Main Line Executive Realty

    (610) 348-1571

    6 in this area

    32 Total Sales

    Kevin Murphy
    Section Image

  • T

    Buyer's Agent in 2013

    Tammy Eason

    Coldwell Banker Realty

    (610) 828-9558

    31 Total Sales

    Tammy Eason
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003172125

Bright MLS

APN: 40-00-63820-004

Pennsylvania Montgomery County Ardmore 19003

115 Walnut Ave, Ardmore, PA

Not Listed for Sale

MultiFamily

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