NOT LISTED FOR SALE

13 Sharpless St West Chester, PA 19382

Estimated Value: $599,288 - $664,000

-- Bed
2 Baths
2,146 Sq Ft
$295/Sq Ft Est. Value

Last Sold October 13, 2016

Last sale price $374,000 $174 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,695/month

Highlights

  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • En-Suite Primary Bedroom
  • Sarah W Starkweather Elementary School Rated A
  • Tile or Brick Flooring
  • Forced Air Heating System

About This Home

As of October 2016

Beautifully updated, fully leased 2-Unit Investment Property located in the Heart of West Chester Borough directly across from the University. Each unit has a comfortable living room space, an updated kitchen with dark cherry cabinets and granite counter-tops, 2 nice sized bedrooms, and updated bathrooms. The Property also features a shared laundry on the second floor, shared driveway parking, a common room with a separate entrance and a large back deck and yard. Potential upside on rental income. Recent improvements include new roof, new deck, exterior paint job and updated kitchens and bathrooms. Separately metered utilities and a strong rental history. One Unit has a Student Rental Permit.

Last Agent to Sell the Property

Eric Kuhn

(803) 280-1950 info@pillarrealestateadvisors.com Pillar Real Estate Advisors Listed on: 06/29/2016

Last Buyer's Agent

Tom Kerrigan

(610) 322-9514 tom.kerrigan@lnf.com EXP Realty, LLC License #AB061697

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,591

Year Built

  • Built in 1946

Lot Details

  • 5,964

Parking

  • Driveway

Home Design

  • 2,146 Sq Ft Home
  • Brick Exterior Construction
  • Pitched Roof

Flooring

  • Wall to Wall Carpet
  • Tile or Brick

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Oil
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • En-Suite Primary Bedroom
  • 5,964 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 1084
  • Assessor Parcel Number 01-09 -1084

Community Details

Overview

  • No Home Owners Association
  • West Chester Subdivision

Additional Features

  • Laundry Facilities
  • Operating Expense $3,531

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,591

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Porch Table & Chairs; Tenant's Personal Property
  • New Construction: No
  • Year Built: 1946
  • Remarks Public: Beautifully updated, fully leased 2-Unit Investment Property located in the Heart of West Chester Borough directly across from the University. Each unit has a comfortable living room space, an updated kitchen with dark cherry cabinets and granite counter-tops, 2 nice sized bedrooms, and updated bathrooms. The Property also features a shared laundry on the second floor, shared driveway parking, a common room with a separate entrance and a large back deck and yard. Potential upside on rental income. Recent improvements include new roof, new deck, exterior paint job and updated kitchens and bathrooms. Separately metered utilities and a strong rental history. One Unit has a Student Rental Permit.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Fully Carpeted, Tile/Brick
  • Fireplace: No
  • Entry Location: Common
  • Room List: Primary Bedroom
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 2146
  • Living Area Sq Ft: 2146
  • Price Per Sq Ft: 198.04
  • Above Grade Finished Sq Ft: 2146
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 13

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: WEST CHESTER AREA
  • School District Key: 300200397342

Lot Info

  • Improvement Assessed Value: 75320.00
  • Land Assessed Value: 39690.00
  • Land Use Code: R20
  • Lot Size Acres: 0.14
  • Lot Dimensions: "0"
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5964.00
  • Zoning: NC2

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 223275
  • Tax Annual Amount: 3591.00
  • Assessor Parcel Number: 01-09 -1084
  • Tax Lot: 1084
  • Tax Year: 2016
  • Close Date: 10/13/2016

MLS Schools

  • School District Name: WEST CHESTER AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2016
Closed on
Oct 13, 2016
Sold by
Bran Don Famous Llc
Bought by
Jc Housing Llc
Seller's Agent
Eric Kuhn
Pillar Real Estate Advisors
Buyer's Agent
Tom Kerrigan
EXP Realty, LLC
List Price
$425,000
Sold Price
$374,000
Premium/Discount to List
-$51,000
-12%
Current Estimated Value
$633,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,429
Avg. Annual Appreciation
6.04%

Purchase Details

Listed on
Mar 14, 2014
Closed on
May 14, 2014
Sold by
Gallagher Charles G and Gallagher Kristin P
Bought by
Bran Don Famous Llc
Seller's Agent
Cindy Dickerman
Keller Williams Real Estate -Exton
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$400,000
Sold Price
$385,000
Premium/Discount to List
-$15,000
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.21%

Purchase Details

Closed on
Nov 26, 2010
Sold by
Newport Dorothea D and Estate Of Dorothea D Newport
Bought by
Gallagher Kristin P and Gallagher Charles G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.22%
Mortgage Type
Commercial
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
Jc Housing Llc $374,000 Sage Premier Settlements
Bran Don Famous Llc $385,000 None Available
Gallagher Kristin P $220,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gallagher Kristin P $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2016 10/13/16 Sold $374,000 -12.0% $174 / Sq Ft
09/19/2016 09/19/16 Pending -- -- --
06/29/2016 06/29/16 For Sale $425,000 +10.4% $198 / Sq Ft
05/29/2014 05/29/14 Sold $385,000 -3.8% $179 / Sq Ft
05/03/2014 05/03/14 Pending -- -- --
04/30/2014 04/30/14 For Sale $400,000 0.0% $186 / Sq Ft
04/29/2014 04/29/14 Pending -- -- --
03/14/2014 03/14/14 For Sale $400,000 -- $186 / 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 $4,034 $115,010 $39,690 $75,320
2024 $4,034 $115,010 $39,690 $75,320
2023 $3,989 $115,010 $39,690 $75,320
2022 $3,946 $115,010 $39,690 $75,320
2021 $3,866 $115,010 $39,690 $75,320
2020 $3,794 $115,010 $39,690 $75,320
2019 $3,749 $115,010 $39,690 $75,320
2018 $3,682 $115,010 $39,690 $75,320
2017 $3,614 $115,010 $39,690 $75,320
2016 $2,428 $115,010 $39,690 $75,320
2015 $2,428 $115,010 $39,690 $75,320
2014 $2,428 $115,010 $39,690 $75,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003576027

Bright MLS

APN: 01-009-1084.0000