NOT LISTED FOR SALE

116 Staley Ave Darby, PA 19023

Estimated Value: $157,857 - $280,000

-- Bed
2 Baths
1,149 Sq Ft
$173/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $106,667 $93 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,331/month

176 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Forced Air Heating System
  • No HOA
  • Bay Window
  • Back and Front Yard

About This Home

As of May 2020

Back to Active! Buyers Financing fell through so their loss is your gain for this Great investment opportunity! Turn-key rental duplex available immediately. Fully occupied and well-maintained. Chance to earn 10%+ on your investment! 2 one-bedroom units with separate utilities and tenants currently in place! Schedule your walk-through now, 24-hour notice required.

Last Agent to Sell the Property

Peter Todd-Burke

Property Merchants, LLC Listed on: 09/12/2019

Last Buyer's Agent

Thomas Gorman

BHHS Fox&Roach-Newtown Square License #RS290936

BHHS Fox&Roach-Newtown Square

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 1,960 Sq Ft Lot
  • Lot Dimensions are 19.00 x 100.00
  • Back and Front Yard
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1,149 Sq Ft Home
  • Bay Window
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven or Range
  • Range Hood

Flooring

  • Wood
  • Carpet
  • Laminate

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for lawn/shrub care, sewer, snow removal, real estate taxes, water
  • Tax Lot 305-000
  • Assessor Parcel Number 11-00-02722-00

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 2-Story Building

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,147
  • Maintenance Expense $500
  • Net Operating Income $13,240

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Exclusions: All tenant property is excluded from sale.
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1939
  • Remarks Public: Back to Active! Buyers Financing fell through so their loss is your gain for this Great investment opportunity! Turn-key rental duplex available immediately. Fully occupied and well-maintained. Chance to earn 10%+ on your investment! 2 one-bedroom units with separate utilities and tenants currently in place! Schedule your walk-through now, 24-hour notice required.
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator, Range Hood, Washer/Dryer Hookups Only
  • Flooring Type: Hardwood, Carpet, Laminated
  • Window Features: Bay/Bow
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1149
  • Living Area Sq Ft: 1149
  • Price Per Sq Ft: 95.73
  • Above Grade Finished Sq Ft: 1149
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 116

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Sidewalks
  • Roof: Flat
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: SOUTHEAST DELCO
  • School District Key: 300200397361
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 31590.00
  • Land Assessed Value: 15900.00
  • Land Use Code: R-20
  • Lot Features: Rear Yard, Front Yard
  • Lot Size Acres: 0.04
  • Lot Dimensions: 19.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1960.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: R-20 TWO FAMILY
  • Zoning Description: Duplex

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: Lawn/Shrub Care, Sewer, Snow Removal, Taxes - Real Estate, Water
  • Rent Control: No
  • Total Actual Rent: 17940.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 424455
  • School Tax: 2107.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3019.00
  • Assessor Parcel Number: 11-00-02722-00
  • Tax Lot: 305-000
  • Tax Total Finished Sq Ft: 1149
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 05/15/2020

Multi Family

  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: SOUTHEAST DELCO

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Apr 16, 2020
Sold by
Donnelly John
Bought by
Gebretekle Sintayehu
Seller's Agent
Peter Todd-Burke
Property Merchants, LLC
Buyer's Agent
Thomas Gorman
BHHS Fox&Roach-Newtown Square
List Price
$109,999
Sold Price
$106,667
Premium/Discount to List
-$3,332
-3.03%
Current Estimated Value
$198,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,297
Avg. Annual Appreciation
12.82%
Original Mortgage
$80,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2018
Sold by
Schienker Adam and Schlenker Adam
Bought by
Donnelly John

Purchase Details

Listed on
May 21, 2012
Closed on
Aug 27, 2012
Sold by
Utilities Employees Credit Union
Bought by
Schienker Adam
Seller's Agent
Jaimee Cohen
RE/MAX Prime Real Estate
Buyer's Agent
Brian Gibson
Long & Foster Real Estate, Inc.
List Price
$64,900
Sold Price
$49,000
Premium/Discount to List
-$15,900
-24.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.50%

Purchase Details

Closed on
Apr 26, 2012
Sold by
Bates Gregory B
Bought by
Utilities Employees Credit Union
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
Gebretekle Sintayehu $106,670 Trident Land Transfer Co Lp
Donnelly John $60,000 Horizon Abstract Co Inc
Schienker Adam $49,000 None Available
Utilities Employees Credit Union -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gebretekle Sintayehu $80,000
Previous Owner Bates Gregory B $46,000
Previous Owner Bates Gregory B $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $106,667 -3.0% $93 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $109,999 0.0% $96 / Sq Ft
12/23/2019 12/23/19 Pending -- -- --
11/20/2019 11/20/19 Price Changed $109,999 -4.3% $96 / Sq Ft
10/29/2019 10/29/19 Price Changed $114,999 +9908.6% $100 / Sq Ft
10/29/2019 10/29/19 Price Changed $1,149 -99.0% $1 / Sq Ft
10/02/2019 10/02/19 Price Changed $119,900 -7.7% $104 / Sq Ft
09/12/2019 09/12/19 For Sale $129,900 +165.1% $113 / Sq Ft
08/28/2012 08/28/12 Sold $49,000 -24.5% $43 / Sq Ft
08/01/2012 08/01/12 Pending -- -- --
05/21/2012 05/21/12 For Sale $64,900 -- $56 / 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 $2,959 $65,330 $22,010 $43,320
2023 $2,880 $65,330 $22,010 $43,320
2022 $2,771 $65,330 $22,010 $43,320
2021 $3,816 $65,330 $22,010 $43,320
2020 $3,019 $47,490 $15,900 $31,590
2019 $2,910 $47,490 $15,900 $31,590
2018 $2,845 $47,490 $0 $0
2017 $2,793 $47,490 $0 $0
2016 $261 $47,490 $0 $0
2015 $261 $47,490 $0 $0
2014 $261 $47,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE499932

Bright MLS

APN: 11-00-02722-00