NOT LISTED FOR SALE

1251 E Ridge Pike Unit 1253 Plymouth Meeting, PA 19462

Estimated Value: $442,000 - $671,000

-- Bed
4 Baths
2,706 Sq Ft
$210/Sq Ft Est. Value

Last Sold April 21, 2023

Last sale price $600,000 $222 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,321/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Hot Water Baseboard Heater
  • Plymouth Elementary School Rated A

About This Home

As of April 2023

Nice, well-maintained 4 unit quadraplex with additional rear unit as the converted garage into an efficiency. Newer roof, new bilco doors and new backyard chain link fencing. This property is conveniently located in Plymouth Township accessible to all major highways, Wawa and the Schuylkill River Trail. Rents are low due to long term tenants. Rents can definitely be increased especially with a little sprucing up of each unit. Property is being sold as-is.
1251 - 1st floor - $650/mo
1251-2nd floor - $600/mo - vacates 5/1/23
1253-efficiency converted garage - $650/mo
1253 - 1st floor - $850/mo
1253 - 2nd floor - $650/mo
All units have separate utilities except water. Please see attached documents for income and operating expenses.

Last Agent to Sell the Property

Patricia Fusco

(610) 804-4440 patricia.fusco@comcast.net RE/MAX Central - Blue Bell License #RS154407A Listed on: 03/15/2023

RE/MAX Central - Blue Bell

Last Buyer's Agent

Patricia Fusco

(610) 804-4440 patricia.fusco@comcast.net RE/MAX Central - Blue Bell License #RS154407A Listed on: 03/15/2023

RE/MAX Central - Blue Bell

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,920

Year Built

  • Built in 1927

Lot Details

  • 4,201 Sq Ft Lot
  • Lot Dimensions are 40.00 x 0.00
  • Property is in good condition

Home Design

  • 2,706 Sq Ft Home
  • Quadruplex
  • Traditional Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Shingle Roof
  • Rubber Roof
  • Metal Roof
  • Stucco

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • 120/240V
  • 110 Volts
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 4 Units
  • Black Horse Subdivision

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 53
  • Assessor Parcel Number 49-00-10213-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,920

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2023-03-15
  • Year Built: 1927
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Nice, well-maintained 4 unit quadraplex with additional rear unit as the converted garage into an efficiency. Newer roof, new bilco doors and new backyard chain link fencing. This property is conveniently located in Plymouth Township accessible to all major highways, Wawa and the Schuylkill River Trail. Rents are low due to long term tenants. Rents can definitely be increased especially with a little sprucing up of each unit. Property is being sold as-is. 1251 - 1st floor - $650/mo 1251-2nd floor - $600/mo - vacates 5/1/23 1253-efficiency converted garage - $650/mo 1253 - 1st floor - $850/mo 1253 - 2nd floor - $650/mo All units have separate utilities except water. Please see attached documents for income and operating expenses.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2706
  • Living Area Sq Ft: 2706
  • Price Per Sq Ft: 240.21
  • Above Grade Finished Sq Ft: 2706
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1251-1253

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Stucco
  • Roof: Flat, Rubber, Shingle, Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 110 Volts, 120/240V, Circuit Breakers
  • Heating Fuel: Natural Gas, Oil, Electric
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas, Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Schools

  • School District: COLONIAL
  • School District Key: 300200397034
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1108
  • Lot Size Acres: 0.10
  • Lot Dimensions: 40.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4201.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Year Assessed: 2023
  • Zoning: R-MORE THAN 1 HOUSE, DET

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 5
  • Owner Pays: Water
  • Total Actual Rent: 40800.00
  • Units Leased Count: 5
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 778866
  • School Tax: 3070.00
  • Tax Annual Amount: 3920.00
  • Assessor Parcel Number: 49-00-10213-007
  • Tax Lot: 53
  • Tax Total Finished Sq Ft: 2706
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/21/2023

Multi Family

  • Single Room Units Count: 1

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
Apr 18, 2023
Sold by
Carbo James E
Bought by
Crabtree Jon Robert and Crabtree Emily Ruth
Seller's Agent
Patricia Fusco
RE/MAX Central - Blue Bell
Buyer's Agent
Patricia Fusco
RE/MAX Central - Blue Bell
List Price
$650,000
Sold Price
$600,000
Premium/Discount to List
-$50,000
-7.69%
Views
51
Current Estimated Value
$568,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,463
Avg. Annual Appreciation
-2.11%
Original Mortgage
$480,000
Outstanding Balance
$391,631
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$176,906

Purchase Details

Closed on
Oct 27, 2011
Sold by
Carbo James E and Perone Daniel T
Bought by
Montgomery County Transportation Authori

Purchase Details

Closed on
Mar 12, 1976
Bought by
Carbo James E and Carbo Mary E
Source: Public Records

Range of Values:

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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
Crabtree Jon Robert $600,000 None Listed On Document
Montgomery County Transportation Authori -- None Available
Carbo James E $56,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crabtree Jon Robert $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2023 04/21/23 Sold $600,000 -7.7% $222 / Sq Ft
03/23/2023 03/23/23 Pending -- -- --
03/15/2023 03/15/23 For Sale $650,000 -- $240 / 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 $4,066 $123,890 $33,160 $90,730
2024 $4,066 $123,890 $33,160 $90,730
2023 $3,907 $123,890 $33,160 $90,730
2022 $3,819 $123,890 $33,160 $90,730
2021 $3,693 $123,890 $33,160 $90,730
2020 $3,566 $123,890 $33,160 $90,730
2019 $4,949 $123,890 $33,160 $90,730
2018 $737 $123,890 $33,160 $90,730
2017 $3,334 $123,890 $33,160 $90,730
2016 $3,286 $123,890 $33,160 $90,730
2015 $3,080 $123,890 $33,160 $90,730
2014 $3,080 $123,890 $33,160 $90,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2066336

Bright MLS

APN: 49-00-10213-007