NOT LISTED FOR SALE

1150 Newark Rd Toughkenamon, PA 19374

Estimated Value: $353,000 - $415,000

-- Bed
2 Baths
2,128 Sq Ft
$182/Sq Ft Est. Value

Last Sold April 16, 2012

Last sale price $75,500 $35 Per Sq Ft

Est. 413% increase in value since last sale

Current estimated payment $2,586/month

69 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Oil
  • Kennett High School Rated A-

About This Home

As of April 2012

Toughkenamon residential duplex. Unit#1: 2 bedroom in addition to a loft, living room, dining room, kitchen, access to deck and basement. *New carpet installed December 2011.* Unit#2: 1 or 2 bedroom with living room and kitchen. Separate basement under unit#2, but not accessible from unit#2. Deck off side. Off-street parking. Both units are in need of TLC but this Duplex can be a cash machine to any portfolio or for a owner occupany that lives in one unit and rents the other. ***This is a bank-owned property. Seller makes no representations or warranties as to the condition of the property, improvements or appurtenances. The property will be sold "AS-IS, WHERE-IS". Seller's disclosure exempt. Corporate addenda applicable upon accepted offer.*** All offers are to be submitted through the REDC website. Any offers presented may be subject to a buyer's premium on top of their purchase price, depending on the venue.

Last Agent to Sell the Property

Don Ash

Alliance Realty License #RS5313505 Listed on: 01/18/2012

Co-Listed By

Anthony Borleis

RE/MAX Point Realty License #679488

Last Buyer's Agent

Margot Mohr-Teetor

RE/MAX Preferred - Newtown Square License #RS280628

RE/MAX Preferred - Newtown Square

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Lot Details

  • 6,774 Sq Ft Lot

Parking

  • 4 Open Parking Spaces

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,128 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • New Garden Elementary School
  • Kennett Middle School
  • Kennett High School

Utilities

  • Heating System Uses Oil
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $3,607

Listing and Financial Details

  • Tax Lot 0022
  • Assessor Parcel Number 60-01Q-0022

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: As- Is "Where -Is"
  • New Construction: No
  • Year Built: 1918
  • Remarks Public: Toughkenamon residential duplex. Unit#1: 2 bedroom in addition to a loft, living room, dining room, kitchen, access to deck and basement. *New carpet installed December 2011.* Unit#2: 1 or 2 bedroom with living room and kitchen. Separate basement under unit#2, but not accessible from unit#2. Deck off side. Off-street parking. Both units are in need of TLC but this Duplex can be a cash machine to any portfolio or for a owner occupany that lives in one unit and rents the other. ***This is a bank-owned property. Seller makes no representations or warranties as to the condition of the property, improvements or appurtenances. The property will be sold "AS-IS, WHERE-IS". Seller's disclosure exempt. Corporate addenda applicable upon accepted offer.*** All offers are to be submitted through the REDC website. Any offers presented may be subject to a buyer's premium on top of their purchase price, depending on the venue.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2128
  • Living Area Sq Ft: 2128
  • Price Per Sq Ft: 39.90
  • Above Grade Finished Sq Ft: 2128
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1150

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • 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

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

Condo/Co-op/Association

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

Schools

  • School District: KENNETT CONSOLIDATED
  • Elementary School: NEW GARDEN
  • Middle School: KENNETT
  • High School: KENNETT
  • School District Key: 300200397335
  • Elementary School: NEW GARDEN
  • High School: KENNETT
  • Middle Or Junior School: KENNETT

Lot Info

  • Improvement Assessed Value: 92800.00
  • Land Assessed Value: 25680.00
  • Land Use Code: R10
  • Lot Size Acres: 0.16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6774.00
  • Zoning: HC

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 366192
  • Tax Annual Amount: 3607.00
  • Assessor Parcel Number: 60-01Q-0022
  • Tax Lot: 0022
  • Tax Year: 2011
  • Close Date: 04/16/2012

MLS Schools

  • School District Name: KENNETT CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2014
Sold by
Mariani Daniel P
Bought by
Mariani Daniel P and Mariani Leslie N
Total Days on Market
69
Current Estimated Value
$387,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2012
Closed on
May 3, 2012
Sold by
Us Bank Na
Bought by
Mariani Daniel P
Seller's Agent
Don Ash
Alliance Realty
Buyer's Agent
Margot Mohr-Teetor
RE/MAX Preferred - Newtown Square
List Price
$99,900
Sold Price
$75,500
Premium/Discount to List
-$24,400
-24.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.24%

Purchase Details

Closed on
Aug 25, 2011
Sold by
Rodriguez J Bertha and Rodriguez Jose R
Bought by
Us Bank N A

Purchase Details

Closed on
Apr 26, 2006
Sold by
Rodriguez Jose R and Rodriguez Bertha
Bought by
Rodriguez Jose R and Rodriguez Bertha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 17, 1998
Sold by
Reece Mary E
Bought by
Rodriguez Jose R and Rodriguez Bertha Rodrigues

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.9%
Source: Public Records

Range of Values:

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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
Mariani Daniel P -- None Available
Us Bank N A -- None Available
Rodriguez Jose R -- None Available
Rodriguez Jose R $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mariani Daniel P $168,250
Closed Mariani Daniel P $164,500
Closed Mariani Daniel P $122,500
Previous Owner Rodriguez Jose R $182,000
Previous Owner Rodriguez Jose R $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2012 04/16/12 Sold $75,500 -24.4% $35 / Sq Ft
03/27/2012 03/27/12 Pending -- -- --
01/18/2012 01/18/12 For Sale $99,900 -- $47 / 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
2024 $6,396 $159,700 $25,680 $134,020
2023 $6,181 $159,700 $25,680 $134,020
2022 $6,091 $159,700 $25,680 $134,020
2021 $6,030 $159,700 $25,680 $134,020
2020 $5,915 $159,700 $25,680 $134,020
2019 $939 $159,700 $25,680 $134,020
2018 $5,744 $159,700 $25,680 $134,020
2017 $5,626 $159,700 $25,680 $134,020
2016 $470 $159,700 $25,680 $134,020
2015 $470 $159,700 $25,680 $134,020
2014 $470 $118,480 $25,680 $92,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003820684

Bright MLS

APN: 60-01Q-0022.0000