NOT LISTED FOR SALE

Estimated Value: $354,000 - $517,190

-- Bed
2 Baths
1,747 Sq Ft
$251/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $350,000 $200 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,761/month

127 Days on Market

Highlights

  • Colonial Architecture
  • Belmont Hills El School Rated A+
  • Radiator

About This Home

As of March 2024

Nestled within the Belmont Hill section, this two-unit property offers a rare and exciting opportunity for both homeowners and investors. Boasting a prime location in Lower Merion School District, this property provides the best of suburban living with the potential of an income producing property.

Upper Apartment: A Spacious Three-Bedroom; The upper apartment of this duplex is a true gem, featuring an expansive layout that caters to a comfortable and modern lifestyle. With three generously-sized bedrooms and one and a half bathrooms, there's ample space to fit your needs. The masterful design includes an open and airy living room, perfect for relaxing with friends and family. The eat-in kitchen, a hub for culinary creations, provides a warm and welcoming space for meals. Additionally, a den bonus room opens up endless possibilities, whether it's transformed into a home office, playroom, or a cozy reading nook.

As a delightful bonus, this upper apartment comes with a large rear yard, featuring a deck that's ideal for outdoor gatherings, barbecues, or quiet moments of relaxation.

Lower Level: A One-Bedroom, One-Bathroom; The lower level of this two-unit property offers a cozy and self-contained one-bedroom apartment, perfect for either an in-law suite or a rental unit. This private space includes a bedroom, a bathroom, and a living area, making it the perfect retreat.

Ample Parking Space; One of the property's most valuable features is its generously-sized driveway, fully detached home and separate entrances for both units.

Lower Merion is, known for its picturesque streets, school system, and proximity to shopping, dining, and recreational activities. It's a community where residents cherish the tranquility of suburban living while enjoying easy access to the vibrant energy of Montgomery County and Philadelphia

Don't miss this rare opportunity to own a multi-unit property in this coveted neighborhood. Whether you choose to live in one unit and rent the other, or invest in a highly desirable rental property, this Belmont Hill duplex offers a multitude of possibilities.

Last Agent to Sell the Property

Ian Perler

(267) 607-9099 ian@ianperlerteam.com KW Empower Listed on: 10/21/2023

KW Empower

Last Buyer's Agent

Brenda Beiser

(914) 484-0686 brenda.beiser@redfin.com Redfin Corporation License #RS335119

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,500

Year Built

  • Built in 1915

Lot Details

  • 4,700 Sq Ft Lot
  • Lot Dimensions are 59.00 x 0.00

Home Design

  • 1,747 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Foundation

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces

Utilities

  • Radiator
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • 2 Units
  • Belmont Hills Subdivision

Listing and Financial Details

  • Tax Lot 169
  • Assessor Parcel Number 40-00-56408-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,500

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2023-10-21
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Total Sq Ft: 1747
  • Living Area Sq Ft: 1747
  • Price Per Sq Ft: 200.34
  • Above Grade Finished Sq Ft: 1747
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 59.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4700.00
  • Zoning: 1132 RES: DUPLEX

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 4324.00
  • Tax Annual Amount: 5500.00
  • Assessor Parcel Number: 40-00-56408-009
  • Tax Lot: 169
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2023
Closed on
Mar 22, 2024
Sold by
Edmonds Carole E and Zampino Carole E
Bought by
Morgan Crystal Tara and Morgan John Aaron
Seller's Agent
Ian Perler
KW Empower
Buyer's Agent
Brenda Beiser
Redfin Corporation
List Price
$350,000
Sold Price
$350,000
Views
596
Current Estimated Value
$437,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,798
Avg. Annual Appreciation
13.90%
Original Mortgage
$262,500
Outstanding Balance
$258,335
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$179,463

Purchase Details

Closed on
Jun 18, 1986
Bought by
Edmonds Carole E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morgan Crystal Tara $350,000 Forward Settlement Solutions
Edmonds Carole E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Crystal Tara $262,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2024 03/22/24 Sold $350,000 0.0% $200 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $350,000 0.0% $200 / Sq Ft
02/04/2024 02/04/24 Off Market $350,000 -- --
12/11/2023 12/11/23 Price Changed $350,000 -12.3% $200 / Sq Ft
11/03/2023 11/03/23 Price Changed $399,000 -16.0% $228 / Sq Ft
10/21/2023 10/21/23 For Sale $475,000 -- $272 / 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 $5,574 $133,480 $31,210 $102,270
2024 $5,574 $133,480 $31,210 $102,270
2023 $5,342 $133,480 $31,210 $102,270
2022 $5,243 $133,480 $31,210 $102,270
2021 $5,124 $133,480 $31,210 $102,270
2020 $4,999 $133,480 $31,210 $102,270
2019 $2,068 $133,480 $31,210 $102,270
2018 $4,910 $133,480 $31,210 $102,270
2017 $4,730 $133,480 $31,210 $102,270
2016 $4,678 $133,480 $31,210 $102,270
2015 $4,362 $133,480 $31,210 $102,270
2014 $4,362 $133,480 $31,210 $102,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2087214

Bright MLS

APN: 40-00-56408-009