NOT LISTED FOR SALE

1602 Mccay Ave Upper Chichester, PA 19061

Estimated Value: $208,000 - $311,949

-- Bed
2 Baths
1,440 Sq Ft
$188/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $205,000 $142 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,937/month

5 Days on Market

About This Home

As of June 2021

INVESTMENT OPPORTUNITY! Two units, both with two bedrooms and good rental history on a large corner lot with a private fenced in rear yard and driveway parking. Generously sized living rooms, eat-in kitchens with appliances, bright spacious bedrooms, ceiling fans in all rooms. First floor unit with front porch. Rental for both units is $750 per month on a month to month basis. Don’t miss this investment opportunity. Book your tour today!

Last Agent to Sell the Property

Earl Endrich

BHHS Fox & Roach - Hockessin License #R3-0019527 Listed on: 04/09/2021

BHHS Fox & Roach - Hockessin

Co-Listed By

Michele Endrich

BHHS Fox & Roach - Hockessin License #R3-0011184

Last Buyer's Agent

Jordan Hopkins

CG Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,945

Year Built

  • Built in 1928

Lot Details

  • Lot Dimensions are 35.00 x 150.00

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Asphalt Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 1,440 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Linwood Elementary School
  • Chichester Middle School
  • Chichester High School

Utilities

  • Heating System Uses Oil
  • Hot Water Heating System

Community Details

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

Listing and Financial Details

  • Tax Lot 001-000
  • Assessor Parcel Number 09-00-02080-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,945

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • New Construction: No
  • Year Built: 1928
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Room Count: 8
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1440
  • Living Area Sq Ft: 1440
  • Price Per Sq Ft: 131.88
  • Above Grade Finished Sq Ft: 1440
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1602

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco, Vinyl Siding
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: CHICHESTER
  • Elementary School: LINWOOD
  • Middle School: CHICHESTER
  • High School: CHICHESTER
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397353
  • School District Source: Listing Agent
  • Elementary School: LINWOOD
  • High School: CHICHESTER
  • Middle Or Junior School: CHICHESTER

Lot Info

  • Land Use Code: R-20
  • Lot Dimensions: 35.00 x 150.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2020
  • Zoning: R-20

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 2
  • Total Actual Rent: 18000.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 3118.00
  • Tax Annual Amount: 3945.00
  • Assessor Parcel Number: 09-00-02080-00
  • Tax Lot: 001-000
  • Tax Total Finished Sq Ft: 1440
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 06/04/2021

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: CHICHESTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 30, 2021
Sold by
Falini Carolyn and Falini Dominick
Bought by
Grunklee Joseph T
Seller's Agent
Earl Endrich
BHHS Fox & Roach - Hockessin
Buyer's Agent
Jordan Hopkins
CG Realty, LLC
List Price
$189,900
Sold Price
$205,000
Premium/Discount to List
$15,100
7.95%
Current Estimated Value
$271,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,237
Avg. Annual Appreciation
8.00%
Original Mortgage
$174,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2016
Sold by
Falini Dominick
Bought by
Falini Dominick and Falini Carolyn H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2007
Sold by
Raftovich Daniel V and Raftovich Traci L
Bought by
Falini Dominich

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,600
Interest Rate
7.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 2003
Sold by
Lmj Properties Lp
Bought by
Raftovich Daniel V and Raftovich Traci L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
9.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2002
Sold by
Fiorelli Lois R
Bought by
Lmj Properties Lp
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Grunklee Joseph T $205,000 Edge Abstract
Falini Dominick -- Attorney
Falini Dominich $167,000 Commonwealth Land Title Insu
Raftovich Daniel V $130,000 --
Lmj Properties Lp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grunklee Joseph T $174,250
Previous Owner Falini Dominick $108,750
Previous Owner Falini Dominich $127,600
Previous Owner Falini Dominick $31,900
Previous Owner Raftovich Daniel $11,200
Previous Owner Raftovich Daniel V $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $205,000 +8.0% $142 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $189,900 -- $132 / 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 $5,512 $165,910 $36,000 $129,910
2023 $5,336 $165,910 $36,000 $129,910
2022 $5,205 $165,910 $36,000 $129,910
2021 $7,762 $165,910 $36,000 $129,910
2020 $3,945 $78,240 $26,200 $52,040
2019 $3,945 $78,240 $26,200 $52,040
2018 $3,956 $78,240 $0 $0
2017 $3,925 $78,240 $0 $0
2016 $438 $78,240 $0 $0
2015 $438 $78,240 $0 $0
2014 $438 $78,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PADE542058

Bright MLS

APN: 09-00-02080-00