Stefan H Schecter
City & Suburban Real Estate
(877) 640-7077
76 Total Sales
1 in Chester Township
$220,000 Price
1537 Rainer Rd Brookhaven, PA 19015
Chester Township AreaEstimated Value: $208,851
4
Beds
2
Baths
1,298
Sq Ft
$161/Sq Ft
Est. Value
Highlights
- 0.15 Acre Lot
- No HOA
- Central Heating and Cooling System
- Wood Flooring
- Living Room
- Dining Room
About This Home
As of December 2021High cap opportunity for investors or flippers, a (10) ten-unit, value-add portfolio located throughout Delaware County in Brookhaven, Trainer, Woodlyn, Eddystone, and Chester City. All have consistently passed section 8 and township inspections year over year. The turnkey investment portfolio consists of (2) two single family dwellings, (4) four twins and (4) four townhomes that have equity upside as flips or add to your rental portfolio. The average square footage of the units is 1289 square feet. The average rent per unit is $1329/month. The total portfolio rent roll is $13,292/month and current cap rate is 9%. Expenses per property average out to $3703/per property The current average rent rate in this market is $1515/month (Total portfolio: $15, 150/month). There is an excellent opportunity for an investor to increase rents and increase cap rate to 12%-13% based on current rental rates. Properties are being sold as-is. Buyer responsible for U&O. Tenants are responsible for payment of all utilities except sewer. All buyers must be pre-approved before showings.
Last Agent to Sell the Property
(855) 456-4945 support@listwithfreedom.com ListWithFreedom.com License #RM424475 Listed on: 11/09/2021
Last Buyer's Agent
(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075
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Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,904
Year Built
- Built in 1970
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 30.00 x 100.00
- Chain Link Fence
Home Design
- Villa
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
- Frame Construction
- Aluminum Siding
Interior Spaces
- Property has 2 Levels
- Living Room
- Dining Room
- Partially Finished Basement
- Laundry in Basement
- Gas Oven or Range
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Toby Farms Subdivision
Listing and Financial Details
- Tax Lot 312-000
- Assessor Parcel Number 07-00-00601-06
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 9, 2021
Closed on
Dec 23, 2021
Sold by
Balbarick Michael G
Bought by
Seller's Agent
Ralph Harvey
ListWithFreedom.com
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$1,300,000
Sold Price
$145,000
Premium/Discount to List
-$1,155,000
-88.85%
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
$63,851
Avg. Annual Appreciation
8.04%
Original Mortgage
$360,000
Outstanding Balance
$323,893
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
-$115,042
Purchase Details
Closed on
Oct 20, 2006
Sold by
Va
Bought by
Balbarick Michael G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,900
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 23, 2005
Sold by
Whittington Frances F
Bought by
Va
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Brookhaven, PA
-
Stefan H Schecter
-
Stephanie Coho
Stephanie Coho
Responds QuicklyCompass RE
(856) 351-5461
233 Total Sales
1 in Chester Township
$149,000 Price
-
LaTonya Sampson
LaTonya Sampson
Keller Williams Realty - Washington Township
(856) 626-9287
57 Total Sales
1 in Chester Township
$159,900 Price
-
Jayna Zoeiro
Jayna Zoeiro
KW Empower
(267) 486-9951
72 Total Sales
1 in Chester Township
$290,000 Price
-
Charvez Grant
Charvez Grant
Coldwell Banker Realty
(610) 549-1621
15 Total Sales
1 in Chester Township
$125,000 Price
-
David Stilwell
David Stilwell
KW Greater West Chester
(484) 497-2437
54 Total Sales
1 in Chester Township
$145,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $145,000 | None Listed On Document | ||
| Balbarick Michael G | $60,500 | None Available | |
| Va | -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $360,000 | ||
| Previous Owner | Barbarick Michael G | $55,300 | |
| Previous Owner | Balbarick Michael G | $54,900 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/30/2021 12/30/21 | Sold | $145,000 | 0.0% | $112 / Sq Ft |
| 12/17/2021 12/17/21 | Price Changed | $145,000 | -88.8% | $112 / Sq Ft |
| 11/19/2021 11/19/21 | Pending | -- | -- | -- |
| 11/09/2021 11/09/21 | For Sale | $1,300,000 | -- | $1,002 / Sq Ft |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $2,455 | $105,560 | $19,760 | $85,800 |
| 2025 | $2,438 | $105,560 | $19,760 | $85,800 |
| 2024 | $2,438 | $105,560 | $19,760 | $85,800 |
| 2023 | $2,525 | $105,560 | $19,760 | $85,800 |
| 2022 | $1,756 | $71,880 | $19,760 | $52,120 |
| 2021 | $2,556 | $71,880 | $19,760 | $52,120 |
| 2020 | $2,303 | $53,150 | $14,410 | $38,740 |
| 2019 | $2,308 | $53,150 | $14,410 | $38,740 |
| 2018 | $2,280 | $53,150 | $0 | $0 |
| 2017 | $2,187 | $53,150 | $0 | $0 |
| 2016 | $292 | $53,150 | $0 | $0 |
| 2015 | $292 | $53,150 | $0 | $0 |
| 2014 | $292 | $53,150 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ralph Harvey
Seller's Agent in 2021
Ralph Harvey
ListWithFreedom.com
(855) 456-4945
9,461 Total Sales
-
datacorrect BrightMLS
DB
Buyer's Agent in 2021
datacorrect BrightMLS
Non Subscribing Office
Map
Source: Bright MLS
MLS Number: PADE2011016
APN: 07-00-00601-06
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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
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