NOT LISTED FOR SALE

116 Cherry St Darby, PA 19023

Estimated Value: $234,333

Studio
2 Baths
1,547 Sq Ft
$151/Sq Ft Est. Value

Last Sold July 22, 2015

Last sale price $44,000 $28 Per Sq Ft

Est. 433% increase in value since last sale

Current estimated payment $1,553/month

32 Days on Market

About This Home

As of July 2015

Attractive duplex in Collingdale within walking distance of public transportation and shopping district. The first floor unit is leased by a long term tenant. First floor is a one bedroom unit with a front porch,living room,den and eat in kitchen with gas stove. There is a common back yard and a basement. The second floor, two bedroom unit is not occupied and is in need of a complete renovation. Move in yourself or renovate the second floor to obtain income from both units. Utilities are separate.This duplex is priced to allow for good cash flow for the investor.

Last Agent to Sell the Property

Michael White

(610) 580-3135 mpwhite97@yahoo.com RE/MAX Preferred - Newtown Square License #RS307140 Listed on: 05/15/2015

RE/MAX Preferred - Newtown Square

Last Buyer's Agent

Roger Lauer

(610) 731-3638 rogerremax@comcast.net RE/MAX Hometown Realtors

RE/MAX Hometown Realtors

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 21x116

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,547 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • No Home Owners Association
  • Operating Expense $3,428

Listing and Financial Details

  • Tax Lot 278-000
  • Assessor Parcel Number 11-00-00493-00

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: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1918
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1547
  • Living Area Sq Ft: 1547
  • Price Per Sq Ft: 32.26
  • Above Grade Finished Sq Ft: 1547
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • 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

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 21X116
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 422257
  • Tax Annual Amount: 3428.00
  • Assessor Parcel Number: 11-00-00493-00
  • Tax Lot: 278-000
  • Tax Year: 2015

MLS Schools

  • School District Name: SOUTHEAST DELCO

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2023
Sold by
Hill Terrance
Bought by
Hill Enterprise Llc
Current Estimated Value
$234,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,300
Outstanding Balance
$383,001
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
-$148,668

Purchase Details

Listed on
May 15, 2015
Closed on
Jul 20, 2015
Sold by
Src Investments Llc
Bought by
Hill Terrance
Seller's Agent
Michael White
RE/MAX Preferred - Newtown Square
Buyer's Agent
Roger Lauer
RE/MAX Hometown Realtors
List Price
$49,900
Sold Price
$44,000
Premium/Discount to List
-$5,900
-11.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.25%

Purchase Details

Closed on
May 29, 2007
Sold by
Aversa Alfred S
Bought by
Src Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
6.73%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 28, 2002
Sold by
Riess Christian B
Bought by
Aversa Alfred S

Purchase Details

Closed on
Mar 31, 1995
Sold by
Carrafa John J and Carrafa Theresa
Bought by
Riess Christian B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,800
Interest Rate
8.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Hill Enterprise Llc -- None Listed On Document
Hill Terrance $44,000 None Available
Src Investments Llc -- None Available
Aversa Alfred S $56,500 Ta Title
Riess Christian B $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Enterprise Llc $391,300
Previous Owner Src Investments Llc $185,250
Previous Owner Riess Christian B $46,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2015 07/22/15 Sold $44,000 -11.8% $28 / Sq Ft
06/16/2015 06/16/15 Pending -- -- --
05/15/2015 05/15/15 For Sale $49,900 -- $32 / 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 $4,081 $90,110 $22,520 $67,590
2024 $4,081 $90,110 $22,520 $67,590
2023 $3,973 $90,110 $22,520 $67,590
2022 $3,822 $90,110 $22,520 $67,590
2021 $5,263 $90,110 $22,520 $67,590
2020 $3,874 $60,940 $16,270 $44,670
2019 $3,734 $60,940 $16,270 $44,670
2018 $3,651 $60,940 $0 $0
2017 $3,583 $60,940 $0 $0
2016 $334 $60,940 $0 $0
2015 $341 $60,940 $0 $0
2014 $341 $60,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002603838

Bright MLS

APN: 11-00-00493-00