Seller's Agent in 2022
Kevin Murphy
BHHS Fox & Roach
(610) 444-9090
6 in this area
60 Total Sales
132 W State St Kennett Square, PA 19348
Estimated Value: $1,192,026
--
Bed
--
Bath
4,797
Sq Ft
$248/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Wood Flooring
- Forced Air Heating and Cooling System
- Kennett High School Rated A-
- 3 Car Detached Garage
- Historic Home
About This Home
As of April 2022Incredible opportunity in vibrant Kennett Square Borough! This is a well maintained mixed-use, multi-family property with highly visible exposure on State Street. The property, situated among two separate buildings is comprised of four apartments (plus 1 Commercial Storefront, and 4 garage/warehouse spaces). The primary brick building is comprised of a first floor commercial space (currently leased to a popular Pie Shop). Additionally, there are four apartments; all of which are in high demand and have plenty of room for upside rent. Recent improvements include the basement furnace, common water heater, apartment ranges, and laundry appliances. The garage/warehouse building consists of 4 units: Three oversized garage storage bays, and a gigantic warehouse loft above. Plenty of flexible utility in this building. Property is zoned C-1 for a number of allowable uses. Take advantage of this great opportunity to invest in Kennett Square!
Last Agent to Sell the Property
(610) 444-9090 kevin@murphyrealestate.net BHHS Fox & Roach-Kennett Sq Listed on: 02/05/2022
Last Buyer's Agent
datacorrect@brightmls.com Non Subscribing Office License #0225194075
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,443
Year Built
- Built in 1900
Lot Details
- 5,385 Sq Ft Lot
- Historic Home
Parking
- 3 Car Detached Garage
- Public Parking
- Side Facing Garage
- On-Street Parking
Home Design
- 4,797 Sq Ft Home
- Traditional Architecture
- Flat Roof Shape
- Brick Exterior Construction
- Stone Foundation
- Pitched Roof
Flooring
- Wood
- Carpet
- Tile or Brick
- Vinyl
Location
- Suburban Location
Schools
- Kennett Middle School
- Kennett High School
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Natural Gas Water Heater
Additional Features
- Partially Finished Basement
Community Details
- 4 Units
- 3-Story Building
Listing and Financial Details
- Tax Lot 0248
- Assessor Parcel Number 03-02 -0248
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 5, 2022
Closed on
Apr 8, 2022
Sold by
Unknown
Bought by
132 W State Partners Llc
Seller's Agent
Kevin Murphy
BHHS Fox & Roach-Kennett Sq
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,026
Avg. Annual Appreciation
3.52%
Original Mortgage
$787,500
Outstanding Balance
$743,270
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$448,756
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 132 W State Partners Llc | $1,050,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 132 W State Partners Llc | $787,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/08/2022 04/08/22 | Sold | $1,050,000 | 0.0% | $219 / Sq Ft |
| 03/09/2022 03/09/22 | Pending | -- | -- | -- |
| 03/04/2022 03/04/22 | Off Market | $1,050,000 | -- | -- |
| 02/05/2022 02/05/22 | For Sale | $1,100,000 | -- | $229 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $9,338 | $191,630 | $35,670 | $155,960 |
| 2024 | $9,338 | $191,630 | $35,670 | $155,960 |
| 2023 | $7,049 | $149,230 | $35,670 | $113,560 |
| 2022 | $6,443 | $149,230 | $35,670 | $113,560 |
| 2021 | $6,385 | $149,230 | $35,670 | $113,560 |
| 2020 | $6,278 | $149,230 | $35,670 | $113,560 |
| 2019 | $6,203 | $149,230 | $35,670 | $113,560 |
| 2018 | $6,058 | $149,230 | $35,670 | $113,560 |
| 2017 | $5,963 | $149,230 | $35,670 | $113,560 |
| 2016 | $592 | $149,230 | $35,670 | $113,560 |
| 2015 | $592 | $149,230 | $35,670 | $113,560 |
| 2014 | $592 | $149,230 | $35,670 | $113,560 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Murphy
-
datacorrect BrightMLS
d
Buyer's Agent in 2022
datacorrect BrightMLS
Non Subscribing Office
Map
Source: Bright MLS
MLS Number: PACT2017632
APN: 03-002-0248.0000
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