NOT LISTED FOR SALE

144 W 22nd St Chester, PA 19013

Estimated Value: $84,000 - $106,000

-- Bed
1 Bath
1,152 Sq Ft
$83/Sq Ft Est. Value

Last Sold January 10, 2023

Last sale price $535,000 $464 Per Sq Ft

Current estimated payment $603/month

98 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • Property is in very good condition
  • Wood Flooring

About This Home

As of January 2023

Rare opportunity to own a turn key multi-family investment portfolio. 6 Chester Townhomes and 1 Folcroft Townhome. All units tenant occupied with tenants wishing to stay. Some rents are below market and have room for increases.

Last Agent to Sell the Property

Carl Adams

(215) 803-8507 carladams@kw.com Keller Williams Real Estate - Media License #RS203043L Listed on: 09/06/2022

Keller Williams Real Estate - Media

Co-Listed By

Mark Barone

(610) 529-3642 mbarone@kw.com Keller Williams Real Estate - Media License #AB046415A

Last Buyer's Agent

Melissa Klock

(570) 556-8751 melissaaklock@gmail.com Compass RE License #RS358175

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,229

Year Built

  • Built in 1946

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 16.00 x 108.39
  • Property is in very good condition

Home Design

  • Colonial Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation
  • Stone Foundation

Interior Spaces

  • 1,152 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • 100 Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for management, pest control, repairs, real estate taxes, trash collection
  • Tax Lot 476-001
  • Assessor Parcel Number 49-01-01013-00

Community Details

Overview

  • 4 Units

Building Details

  • Income includes apartment rentals
  • Operating Expense $31,027
  • Gross Income $85,176
  • Net Operating Income $54,149

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,229

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenants property
  • Home Warranty: No
  • Inclusions: All seller owned appliances in as-is condition at no monetary value
  • New Construction: No
  • Year Built: 1946
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Ceramic Tile, Carpet, Hardwood, Vinyl
  • Foundation Details: Block, Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1152
  • Living Area Sq Ft: 1152
  • Price Per Sq Ft: 477.43
  • Above Grade Finished Sq Ft: 1152
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

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

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil, Natural Gas
  • Heating Type: Baseboard - Hot Water, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas, Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 30150.00
  • Land Assessed Value: 15870.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 16.00 x 108.39
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Very Good, Good, Average
  • Zoning: VARIOUS
  • Zoning Description: See individual public records for each property

Rental Info

  • Existing Lease Type: Month To Month
  • Owner Pays: Management, Pest Control, Repairs, Taxes - Real Estate, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 85176.00
  • Units Leased Count: 8
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 577283
  • School Tax: 6968.88
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 12229.35
  • Assessor Parcel Number: 49-01-01013-00
  • Tax Lot: 476-001
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Gross Income: 85176.00
  • Gross Scheduled Income: 85176.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 31027.47

MLS Schools

  • School District Name: CHESTER-UPLAND

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
Jan 30, 2023
Sold by
Shagbark Properties Llc
Bought by
Fw West 22 Realty Llc
Seller's Agent
Carl Adams
Keller Williams Real Estate - Media
Buyer's Agent
Melissa Klock
Compass RE
List Price
$739,000
Sold Price
$535,000
Premium/Discount to List
-$204,000
-27.6%
Views
47
Current Estimated Value
$95,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$439,922
Avg. Annual Appreciation
-46.04%

Purchase Details

Closed on
Jan 5, 2009
Sold by
Haegele Kurt
Bought by
Shagbark Properties Llc

Purchase Details

Closed on
Jan 8, 2002
Sold by
Garvine Agnes F
Bought by
Haegele Warren and Haegele Kurt
Source: Public Records

Range of Values:

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Average Value
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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
Fw West 22 Realty Llc $535,000 Madison Title
Shagbark Properties Llc $37,000 None Available
Haegele Warren $35,100 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2023 03/02/23 Price Changed $550,000 +2.8% $477 / Sq Ft
01/10/2023 01/10/23 Sold $535,000 -27.6% $464 / Sq Ft
12/13/2022 12/13/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $739,000 -- $641 / 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 $1,255 $46,020 $15,870 $30,150
2024 $1,255 $46,020 $15,870 $30,150
2023 $1,290 $46,020 $15,870 $30,150
2022 $1,313 $46,020 $15,870 $30,150
2021 $589 $46,020 $15,870 $30,150
2020 $247 $45,300 $15,720 $29,580
2019 $247 $45,300 $15,720 $29,580
2018 $254 $45,300 $0 $0
2017 $254 $45,300 $0 $0
2016 $254 $45,300 $0 $0
2015 $254 $45,300 $0 $0
2014 $254 $45,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2033574

Bright MLS

APN: 49-01-01013-00