NOT LISTED FOR SALE

121 E Washington St West Chester, PA 19380

Estimated Value: $778,313 - $840,000

-- Bed
4 Baths
3,210 Sq Ft
$252/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $760,000 $237 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,839/month

10 Days on Market

Highlights

  • Federal Architecture
  • Garden View
  • Porch
  • Fern Hill Elementary School Rated A
  • 1 Fireplace
  • 4-minute walk to Marshall Square Park

About This Home

As of July 2024

Welcome to 121 E. Washington Street, a triplex located right in the heart of West Chester! This impeccably located triplex offers a unique opportunity for both investors and homeowners alike. Nestled in a vibrant neighborhood, this property boasts two spacious 2-bedroom units and one inviting 3-bedroom unit, providing ample space for comfortable living arrangements or lucrative rental opportunities. Step outside onto the new front porch and immerse yourself in the beauty of your surroundings. From here, you're just steps away from the town's charming parks, trendy boutiques, delectable dining options, and an array of year-round activities to keep you entertained. Whether you're strolling through the scenic streets or enjoying a leisurely afternoon in the nearby parks, you'll appreciate the unparalleled walkability and convenience that this prime location offers. Don't miss your chance to own a piece of West Chester's coveted real estate landscape.

Last Agent to Sell the Property

Thomas Toole III

RE/MAX Main Line-West Chester License #RS228901 Listed on: 04/25/2024

RE/MAX Main Line-West Chester

Co-Listed By

Keir Abrahams

Keller Williams Real Estate -Exton

Last Buyer's Agent

Brad Moore

KW Greater West Chester License #RS312630

KW Greater West Chester

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,267

Year Built

  • Built in 1900

Lot Details

  • 4,325 Sq Ft Lot
  • Downtown Location
  • Level Lot
  • Front Yard

Home Design

  • Triplex
  • Federal Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Pitched Roof
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,210 Sq Ft Home
  • 1 Fireplace
  • Replacement Windows
  • Garden Views
  • Fire and Smoke Detector

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 4 Parking Spaces
  • 4 Off-Street Spaces
  • On-Street Parking

Outdoor Features

  • Exterior Lighting
  • Porch

Schools

  • Fern Hill Elementary School
  • E N Peirce Middle School
  • Henderson High School

Utilities

  • Zoned Heating
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • 3 Units
  • Income includes apartment rentals

Listing and Financial Details

  • Tax Lot 0178
  • Assessor Parcel Number 01-05 -0178

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,267

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-04-25
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 121 E. Washington Street, a triplex located right in the heart of West Chester! This impeccably located triplex offers a unique opportunity for both investors and homeowners alike. Nestled in a vibrant neighborhood, this property boasts two spacious 2-bedroom units and one inviting 3-bedroom unit, providing ample space for comfortable living arrangements or lucrative rental opportunities. Step outside onto the new front porch and immerse yourself in the beauty of your surroundings. From here, you're just steps away from the town's charming parks, trendy boutiques, delectable dining options, and an array of year-round activities to keep you entertained. Whether you're strolling through the scenic streets or enjoying a leisurely afternoon in the nearby parks, you'll appreciate the unparalleled walkability and convenience that this prime location offers. Don't miss your chance to own a piece of West Chester's coveted real estate landscape.
  • Special Features: VirtualTour

Interior Features

  • Window Features: Replacement
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full, Unfinished, Sump Pump
  • Total Sq Ft: 3210
  • Living Area Sq Ft: 3210
  • Price Per Sq Ft: 278.82
  • Above Grade Finished Sq Ft: 3210
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 121

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Stucco
  • Exterior Features: Exterior Lighting, Sidewalks
  • Roof: Pitched, Shingle
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: On Street, Off Street
  • Off Street Parking Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Electric Service: Fuses
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: WEST CHESTER AREA
  • Elementary School: FERN HILL
  • Middle School: E N PEIRCE
  • High School: HENDERSON
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397342
  • School District Source: Listing Agent
  • Elementary School: FERN HILL
  • High School: HENDERSON
  • Middle Or Junior School: E N PEIRCE

Lot Info

  • Land Use Code: R30
  • Lot Features: Front Yard, Level
  • Lot Size Acres: 0.10
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4325.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2023
  • Zoning: R30

Rental Info

  • Existing Lease Type: Yearly
  • Total Actual Rent: 52200.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 3407.00
  • Tax Annual Amount: 5267.00
  • Assessor Parcel Number: 01-05 -0178
  • Tax Lot: 0178
  • Tax Total Finished Sq Ft: 3210
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 07/01/2024

Multi Family

  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: WEST CHESTER AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
Jul 1, 2024
Sold by
Abrahams Andrew B
Bought by
Uptown Venture Group Llc
Seller's Agent
Thomas Toole III
RE/MAX Main Line-West Chester
Buyer's Agent
Brad Moore
KW Greater West Chester
List Price
$895,000
Sold Price
$760,000
Premium/Discount to List
-$135,000
-15.08%
Views
85
Current Estimated Value
$808,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,078
Avg. Annual Appreciation
3.46%

Purchase Details

Closed on
Sep 28, 2000
Sold by
Cope Robert H and Cope Mary R
Bought by
Abrahams Andrew B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
7.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 24, 1999
Sold by
Evons Jeffrey R
Bought by
Cope Robert H and Cope Mary R

Purchase Details

Closed on
Jun 7, 1996
Sold by
Cape Robert H and Cape Mary R
Bought by
Evans Jeffrey R
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
Uptown Venture Group Llc $760,000 Chesco Settlement Services
Abrahams Andrew B $162,000 --
Cope Robert H $24,000 --
Evans Jeffrey R $21,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abrahams Andrew B $211,101
Previous Owner Abrahams Andrew B $200,000
Previous Owner Abrahams Andrew B $150,000
Previous Owner Abrahams Andrew B $139,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $760,000 -15.1% $237 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $895,000 -- $279 / 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 $5,327 $151,850 $35,470 $116,380
2024 $5,327 $151,850 $35,470 $116,380
2023 $5,267 $151,850 $35,470 $116,380
2022 $5,210 $151,850 $35,470 $116,380
2021 $5,104 $151,850 $35,470 $116,380
2020 $5,010 $151,850 $35,470 $116,380
2019 $4,951 $151,850 $35,470 $116,380
2018 $4,861 $151,850 $35,470 $116,380
2017 $4,772 $151,850 $35,470 $116,380
2016 $3,251 $151,850 $35,470 $116,380
2015 $3,251 $151,850 $35,470 $116,380
2014 $3,251 $151,850 $35,470 $116,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2064064

Bright MLS

APN: 01-005-0178.0000