NOT LISTED FOR SALE

116 S Darlington St West Chester, PA 19382

Estimated Value: $511,693 - $737,000

-- Bed
2 Baths
2,024 Sq Ft
$320/Sq Ft Est. Value

Last Sold May 29, 2015

Last sale price $403,000 $199 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,796/month

Highlights

  • Wood Flooring
  • No HOA
  • Central Air
  • Sarah W Starkweather Elementary School Rated A
  • En-Suite Primary Bedroom
  • Hot Water Heating System

About This Home

As of May 2015

2 unit investment property in West Chester Borough. Great corner location with parking. Walking distance to everything the Borough has to offer. 1 bedroom apartment is spacious with outside fenced area. 3 bedroom unit has 2 floors, 2 full baths, laundry, hardwood floors, just painted. Both units have central air. Current rental info available.

Last Agent to Sell the Property

Denise Wroten

(610) 732-3818 denise@123marketrealty.com 123 Market Realty LLC License #RM423678 Listed on: 02/20/2015

Last Buyer's Agent

Cheryl Jacobs

(610) 212-4755 cjacobsrealtor@aol.com Keller Williams Real Estate -Exton License #RS250500

Keller Williams Real Estate -Exton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,476

Year Built

  • Built in 1850

Lot Details

  • 1,535 Sq Ft Lot
  • Property is in good condition

Parking

  • 2 Open Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,024 Sq Ft Home
  • Wood Flooring
  • Partial Basement
  • Laundry in unit

Utilities

  • Central Air
  • Heating System Uses Gas
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 0390
  • Assessor Parcel Number 01-09 -0390

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $2,233
  • Operating Expense $6,909

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,476

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1850
  • Remarks Public: 2 unit investment property in West Chester Borough. Great corner location with parking. Walking distance to everything the Borough has to offer. 1 bedroom apartment is spacious with outside fenced area. 3 bedroom unit has 2 floors, 2 full baths, laundry, hardwood floors, just painted. Both units have central air. Current rental info available.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2024
  • Living Area Sq Ft: 2024
  • Price Per Sq Ft: 205.04
  • Above Grade Finished Sq Ft: 2024
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 116

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
  • Open Parking Spaces Count: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1200.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: WEST CHESTER AREA
  • School District Key: 300200397342

Lot Info

  • Improvement Assessed Value: 84690.00
  • Land Assessed Value: 29890.00
  • Land Use Code: R10
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1535.00
  • Property Condition: Good
  • Zoning: NC2

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 41100.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 222581
  • Tax Annual Amount: 3476.00
  • Assessor Parcel Number: 01-09 -0390
  • Tax Lot: 0390
  • Tax Year: 2015
  • Close Date: 05/29/2015

MLS Schools

  • School District Name: WEST CHESTER AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2015
Closed on
May 28, 2015
Sold by
Jmb Property Mgmt Inc
Bought by
Jfo Investments Llc
Seller's Agent
Denise Wroten
123 Market Realty LLC
Buyer's Agent
Cheryl Jacobs
Keller Williams Real Estate -Exton
List Price
$420,000
Sold Price
$403,000
Premium/Discount to List
-$17,000
-4.05%
Current Estimated Value
$647,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,173
Avg. Annual Appreciation
4.67%
Original Mortgage
$322,400
Outstanding Balance
$248,813
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$398,360

Purchase Details

Closed on
Jul 18, 2014
Sold by
Grogan Jeffrey L
Bought by
Jmb Property Mgmt Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Jfo Investments Llc $403,000 None Available
Jmb Property Mgmt Inc $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jfo Investments Llc $322,400
Previous Owner Jmb Property Mgmt Inc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2015 05/29/15 Sold $403,000 -4.0% $199 / Sq Ft
04/14/2015 04/14/15 Pending -- -- --
02/20/2015 02/20/15 For Sale $420,000 -- $208 / 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 $4,217 $120,230 $29,890 $90,340
2024 $4,217 $120,230 $29,890 $90,340
2023 $4,170 $120,230 $29,890 $90,340
2022 $4,125 $120,230 $29,890 $90,340
2021 $4,041 $120,230 $29,890 $90,340
2020 $3,967 $120,230 $29,890 $90,340
2019 $3,920 $120,230 $29,890 $90,340
2018 $3,849 $120,230 $29,890 $90,340
2017 $3,778 $120,230 $29,890 $90,340
2016 $2,558 $120,230 $29,890 $90,340
2015 $2,558 $114,580 $29,890 $84,690
2014 $2,558 $114,580 $29,890 $84,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002539776

Bright MLS

APN: 01-009-0390.0000