NOT LISTED FOR SALE

1242 E Lincoln Hwy Coatesville, PA 19320

Estimated Value: $391,650

-- Bed
-- Bath
5,455 Sq Ft
$72/Sq Ft Est. Value

Last Sold June 03, 2015

Last sale price $225,000 $41 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,452/month

155 Days on Market

Highlights

  • 0.36 Acre Lot
  • Wall to Wall Carpet
  • Heating System Uses Gas
  • No HOA

About This Home

As of June 2015

Located in the very sought after East End of Coatesville. Lovely home on the corner of 13th and Lincoln. 5 Units in very good condition. Great covered front porch, beautiful building detail, with an outside metal Fire Escape. Make an appointment today.

Last Agent to Sell the Property

Peter O'Malley

(610) 324-2132 peterjomalley42@gmail.com New Precision Realty License #RS275741 Listed on: 10/12/2014

Last Buyer's Agent

John Guerrera

(610) 909-0975 john@johnguerrera.com RE/MAX Action Associates License #AB061749L

RE/MAX Action Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Lot Details

  • 0.36 Acre Lot

Parking

  • On-Street Parking

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Stone Foundation
  • Pitched Roof

Interior Spaces

  • 5,455 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • 200+ Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 0051
  • Assessor Parcel Number 16-07 -0051

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $2,280
  • Insurance Expense $1,500
  • Operating Expense $14,834

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Exclusions: Tenants Possessions
  • New Construction: No
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace: No
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 5455
  • Living Area Sq Ft: 5455
  • Price Per Sq Ft: 43.98
  • Above Grade Finished Sq Ft: 5455
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched
  • 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
  • Electric Expense: 2280.00
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 4075.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 119190.00
  • Land Assessed Value: 23000.00
  • Lot Size Acres: 0.36
  • Lot Dimensions: 0 X 0
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15660.00
  • Zoning: RN3

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 42000.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

Tax Info

  • Assessor Parcel Number: 245185
  • Tax Annual Amount: 6979.00
  • Assessor Parcel Number: 16-07 -0051
  • Tax Lot: 0051
  • Tax Year: 2015

MLS Schools

  • School District Name: COATESVILLE AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2014
Closed on
Jun 3, 2015
Sold by
Neeraj Singh Kulraj and Neeraj Giand
Bought by
Pennsylvania Home Of The Sparrow
Seller's Agent
Peter O'Malley
New Precision Realty
Buyer's Agent
John Guerrera
RE/MAX Action Associates
List Price
$239,900
Sold Price
$225,000
Premium/Discount to List
-$14,900
-6.21%
Current Estimated Value
$391,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,650
Avg. Annual Appreciation
5.41%

Purchase Details

Closed on
Oct 13, 2005
Sold by
Alvisi Abondio
Bought by
Neeraj Singh Kulraj and Neeraj Giand

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
5.79%
Mortgage Type
Commercial
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
Pennsylvania Home Of The Sparrow $225,000 None Available
Neeraj Singh Kulraj $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neeraj Singh Kulraj $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2015 06/03/15 Sold $225,000 -6.2% $41 / Sq Ft
03/16/2015 03/16/15 Pending -- -- --
10/12/2014 10/12/14 For Sale $239,900 -- $44 / 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 $13,839 $230,160 $23,000 $207,160
2024 $13,839 $230,160 $23,000 $207,160
2023 $13,701 $230,160 $23,000 $207,160
2022 $13,350 $230,160 $23,000 $207,160
2021 $13,007 $230,160 $23,000 $207,160
2020 $12,965 $230,160 $23,000 $207,160
2019 $12,632 $230,160 $23,000 $207,160
2018 $12,208 $230,160 $23,000 $207,160
Source: Public Records

Agents Affiliated with this Home

  • Peter O'Malley

    Seller's Agent in 2015

    Peter O'Malley

    New Precision Realty

    (610) 324-2132

    7 Total Sales

    Peter O'Malley
    Section Image
  • John Guerrera

    Buyer's Agent in 2015

    John Guerrera

    RE/MAX

    (610) 909-0975

    58 in this area

    144 Total Sales

    John Guerrera
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003115704

Bright MLS

APN: 16-007-0051.000E

Pennsylvania Chester County Coatesville 19320

1242 E Lincoln Hwy, Coatesville, PA

Not Listed for Sale

MultiFamily

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