NOT LISTED FOR SALE

116 3rd Ave Broomall, PA 19008

Estimated Value: $455,000 - $550,484

-- Bed
2 Baths
1,750 Sq Ft
$297/Sq Ft Est. Value

Last Sold November 15, 2024

Last sale price $525,000 $300 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,079/month

4 Days on Market

About This Home

As of November 2024

Rare Opportunity to own this newly renovated all brick duplex in the heart of Broomall. Both units in this two 2 bedroom duplex were completely renovated and fully occupied. The improvements include partially renovated new bathroom on first floor, completely gutted bathroom on second floor, new flooring, new paint, new quartz counter tops, 2 new hot water heaters. new interior doors and fixtures. The basement has separate ample storage for each units, separate utilities, two parking spaces in front of building, one space designated for each unit. Marple-Newtown Schools, minutes to shopping and all major roads. Tenant occupied, 48 hours notice is required for all appointments.

Last Agent to Sell the Property

Shakeh Ajemian

(610) 658-5410 ShakehAjemian@KW.com Keller Williams Main Line License #AB068843 Listed on: 09/29/2024

Keller Williams Main Line

Last Buyer's Agent

Shakeh Ajemian

(610) 658-5410 ShakehAjemian@KW.com Keller Williams Main Line License #AB068843 Listed on: 09/29/2024

Keller Williams Main Line

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,197

Year Built

  • Built in 1950

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 40.00 x 75.00

Parking

  • Driveway

Home Design

  • 1,750 Sq Ft Home
  • Duplex
  • Bi-Level Home
  • Brick Exterior Construction
  • Brick Foundation
  • Stucco

Schools

  • Russell Elementary School
  • Paxon Hollow Middle School
  • Marple Newtown High School

Utilities

  • Window Unit Cooling System
  • 90% Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 428-000
  • Assessor Parcel Number 25-00-04997-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,197

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 10/1/2024 12:00:00 AM
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 1750
  • Living Area Sq Ft: 1750
  • Price Per Sq Ft: 300.00
  • Above Grade Finished Sq Ft: 1750
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco, Brick
  • 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
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: RUSSELL
  • High School: MARPLE NEWTOWN
  • Middle Or Junior School: PAXON HOLLOW

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 40.00 x 75.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2820.00
  • Tax Annual Amount: 4197.00
  • Assessor Parcel Number: 25-00-04997-00
  • Tax Lot: 428-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: MARPLE NEWTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2024
Closed on
Nov 15, 2024
Sold by
Alk Management Llc
Bought by
Krikourian Sarkis and Margaryan Meri
Seller's Agent
Shakeh Ajemian
Keller Williams Main Line
Buyer's Agent
Shakeh Ajemian
Keller Williams Main Line
List Price
$525,000
Sold Price
$525,000
Views
30
Current Estimated Value
$520,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,629
Avg. Annual Appreciation
-0.83%
Original Mortgage
$363,750
Outstanding Balance
$360,342
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$160,029

Purchase Details

Closed on
Jan 9, 2023
Sold by
Hamilton William and Hamilton Danielle
Bought by
Alk Management Llc

Purchase Details

Closed on
Jul 20, 2020
Sold by
Hamilton William R
Bought by
Hamilton William and Hamilton Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2006
Sold by
Hamilton William R and Hamilton William J
Bought by
Hamilton William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
7.87%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 26, 2003
Sold by
Milewski Paul J and Milewski Sarah J
Bought by
Hamilton William R and Hamilton William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
1.95%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 14, 2003
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Milewski Paul J and Milewski Sarah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,920
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 1998
Sold by
Rizzo William J
Bought by
Long Francis H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Krikourian Sarkis $525,000 None Listed On Document
Krikourian Sarkis $525,000 None Listed On Document
Alk Management Llc $325,000 None Listed On Document
Hamilton William -- Foundation Abstract Llc
Hamilton William R -- None Available
Hamilton William R $225,000 --
Milewski Paul J $125,000 --
Long Francis H $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krikourian Sarkis $363,750
Closed Krikourian Sarkis $363,750
Previous Owner Hamilton William $218,000
Previous Owner Hamilton William R $214,000
Previous Owner Hamilton William R $180,000
Previous Owner Milewski Paul J $95,920
Previous Owner Long Francis H $55,000
Closed Long Francis H $59,000
Closed Hamilton William R $22,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2024 11/15/24 Sold $525,000 0.0% $300 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
09/29/2024 09/29/24 For Sale $525,000 0.0% $300 / Sq Ft
05/01/2023 05/01/23 Rented $1,700 0.0% --
04/17/2023 04/17/23 Under Contract -- -- --
02/18/2023 02/18/23 For Rent $1,700 -- --
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 $4,198 $242,920 $77,310 $165,610
2024 $4,198 $242,920 $77,310 $165,610
2023 $4,065 $242,920 $77,310 $165,610
2022 $3,988 $242,920 $77,310 $165,610
2021 $6,018 $242,920 $77,310 $165,610
2020 $3,258 $113,220 $36,650 $76,570
2019 $3,219 $113,220 $36,650 $76,570
2018 $3,185 $113,220 $0 $0
2017 $3,187 $113,220 $0 $0
2016 $621 $113,220 $0 $0
2015 $634 $113,220 $0 $0
2014 $634 $113,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2075138

Bright MLS

APN: 25-00-04997-00