NOT LISTED FOR SALE

131 Chestnut Ave Narberth, PA 19072

Estimated Value: $619,000 - $774,000

-- Bed
2 Baths
1,920 Sq Ft
$352/Sq Ft Est. Value

Last Sold September 23, 2021

Last sale price $500,000 $260 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,129/month

9 Days on Market

Highlights

  • Colonial Architecture
  • 3-minute walk to Narberth
  • Wood Flooring
  • Merion Elementary School Rated A+
  • Traditional Floor Plan
  • 2 Fireplaces

About This Home

As of September 2021

A Brick Duplex located in Narberth with a detached two car garage. First Floor Unit: Living Room with fireplace dining area. A slider to small terrace with steps off of it to access side yard. Kitchen (older). Two bedrooms and renovated hall bath with tub shower. This unit also has access to room in basement which has an outside exit. This unit rents for $1,170, Tenant pays gas and electric and water ($30.00). This tenant has resided here since 1996. Lease runs till 2/28/2022. Second Floor Unit: Living Room with fireplace (not used) large walk-in closet. Dining Area and renovated kitchen. Two bedrooms and hall bath with tub shower. This unit rents for $1,325 per month. Tenant pays gas and electric and balance of water bill. Lease runs till 1/30/2022. Full basement with two washers and dryers - some storage. Walk to train, shops, restaurants. Lower Merion Schools. Agent has financial interest in the property.

Last Agent to Sell the Property

Kathleen Mooney

BHHS Fox & Roach-Haverford License #AB046968L Listed on: 07/30/2021

BHHS Fox & Roach-Haverford

Co-Listed By

Carol Goldstein

BHHS Fox & Roach-Gladwyne License #RS219719L

Last Buyer's Agent

Arlex Nieto

KW Empower License #RS348343

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,046

Year Built

  • Built in 1955

Lot Details

  • 5,565 Sq Ft Lot
  • Lot Dimensions are 43.00 x 0.00
  • Level Lot
  • Side Yard
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • Front Facing Garage

Home Design

  • Duplex
  • Colonial Architecture
  • Asphalt Roof
  • Masonry

Interior Spaces

  • 1,920 Sq Ft Home
  • Traditional Floor Plan
  • 2 Fireplaces
  • Double Hung Windows
  • Dining Area
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Galley Kitchen
  • Oven
  • Built-In Range
  • Stove

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Electric Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Urban Location

Schools

  • Merion Elementary School
  • Lower Merion High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • The owner pays for heater maintenance contract, insurance, lawn/shrub care, repairs, sewer, sewer maintenance, real estate taxes, trash collection
  • Tax Lot 001
  • Assessor Parcel Number 12-00-00187-008

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 2-Story Building
  • Narberth Subdivision

Building Details

  • Income includes apartment rentals
  • Insurance Expense $4,300
  • Maintenance Expense $3,980
  • Manager Expense $2,279
  • Net Operating Income $20,383

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,046

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: All Tenants Possessions
  • Home Warranty: No
  • Inclusions: Washers/Dryers/Refrigerators in "As-is condition"
  • New Construction: No
  • Year Built: 1955
  • Automatically Close On Close Date: No
  • Remarks Public: A Brick Duplex located in Narberth with a detached two car garage. First Floor Unit: Living Room with fireplace dining area. A slider to small terrace with steps off of it to access side yard. Kitchen (older). Two bedrooms and renovated hall bath with tub shower. This unit also has access to room in basement which has an outside exit. This unit rents for $1,170, Tenant pays gas and electric and water ($30.00). This tenant has resided here since 1996. Lease runs till 2/28/2022. Second Floor Unit: Living Room with fireplace (not used) large walk-in closet. Dining Area and renovated kitchen. Two bedrooms and hall bath with tub shower. This unit rents for $1,325 per month. Tenant pays gas and electric and balance of water bill. Lease runs till 1/30/2022. Full basement with two washers and dryers - some storage. Walk to train, shops, restaurants. Lower Merion Schools. Agent has financial interest in the property.
  • Special Features: None

Interior Features

  • Appliances: Built-In Range, Dryer - Electric, Oven - Single, Refrigerator, Stove, Washer, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Dining Area, Floor Plan - Traditional, Kitchen - Galley, Primary Bath(s), Tub Shower, Walk-In Closet(s), Wood Floors
  • Window Features: Double Hung
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Room Count: 10
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1920
  • Living Area Sq Ft: 1920
  • Price Per Sq Ft: 286.46
  • Above Grade Finished Sq Ft: 1920
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 131

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Sidewalks, Street Lights
  • Road Surface Type: Paved
  • Roof: Asphalt
  • Spa: No
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Professional Management Expense: 2279.00

Schools

  • School District: LOWER MERION
  • Elementary School: MERION
  • High School: LOWER MERION
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • School District Key: 300200396851
  • School District Source: Listing Agent
  • Elementary School: MERION
  • High School: LOWER MERION

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1132
  • Lot Features: Level, Sideyard(s)
  • Lot Size Acres: 0.13
  • Lot Dimensions: 43.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5565.00
  • Property Condition: Good
  • Soil Types: Unknown
  • Year Assessed: 2021
  • Zoning: R3
  • Zoning Description: residential

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Heater Maintenance Contract, Insurance, Lawn/Shrub Care, Repairs, Sewer, Sewer Maintenance, Taxes - Real Estate, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 21770.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 611493
  • School Tax: 5614.00
  • Tax Annual Amount: 8046.00
  • Assessor Parcel Number: 12-00-00187-008
  • Tax Lot: 001
  • Tax Total Finished Sq Ft: 1920
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 09/23/2021

Multi Family

  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2
  • Single Room Units Count: 2

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Sep 13, 2021
Sold by
Fishman Robert
Bought by
Nieto Susan
Seller's Agent
Kathleen Mooney
BHHS Fox & Roach-Haverford
Buyer's Agent
Arlex Nieto
KW Empower
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Current Estimated Value
$697,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,662
Avg. Annual Appreciation
8.92%
Original Mortgage
$490,943
Outstanding Balance
$451,562
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$244,432

Purchase Details

Closed on
Mar 31, 1989
Bought by
Fishman Robert
Source: Public Records

Range of Values:

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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
Nieto Susan $500,000 None Available
Fishman Robert $181,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nieto Susan $490,943
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2021 09/23/21 Sold $500,000 -9.1% $260 / Sq Ft
08/08/2021 08/08/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $550,000 -- $286 / 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
2024 $3,317 $69,910 -- --
2023 $8,231 $180,140 $69,910 $110,230
2022 $8,476 $180,140 $69,910 $110,230
2021 $7,937 $180,140 $69,910 $110,230
2020 $7,740 $180,140 $69,910 $110,230
2019 $7,621 $180,140 $69,910 $110,230
2018 $5,179 $180,140 $69,910 $110,230
2017 $7,349 $180,140 $69,910 $110,230
2016 $7,278 $180,140 $69,910 $110,230
2015 $6,713 $180,140 $69,910 $110,230
2014 $6,713 $180,140 $69,910 $110,230
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Mooney

    Seller's Agent in 2021

    Kathleen Mooney

    BHHS Fox & Roach

    (610) 291-0426

    4 in this area

    22 Total Sales

    Section Image
  • Carol Goldstein

    Seller Co-Listing Agent in 2021

    Carol Goldstein

    BHHS Fox & Roach

    (215) 620-4477

    1 in this area

    8 Total Sales

    Section Image
  • Arlex Nieto

    Buyer's Agent in 2021

    Arlex Nieto

    KW Empower

    (215) 971-4287

    1 in this area

    10 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: PAMC2005846

Bright MLS

APN: 12-00-00187-008

Pennsylvania Montgomery County Narberth 19072

131 Chestnut Ave, Narberth, PA

This home is located at 131 Chestnut Ave, Narberth, PA 19072 since 30 July 2021 and is currently estimated at $676,073, approximately $352 per square foot. This property was built in 1955. 131 Chestnut Ave is a home located in Montgomery County with nearby schools including Merion Elementary School, Bala-Cynwyd Middle School, and Lower Merion High School.

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