Seller's Agent in 2020
Ralph Chiodo
EXP Realty, LLC
(610) 517-4117
1 in this area
104 Total Sales
163 Berkley Ave Lansdowne, PA 19050
Estimated Value: $392,000 - $670,000
--
Bed
4
Baths
3,630
Sq Ft
$145/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- No HOA
- Forced Air Heating and Cooling System
- Wood Flooring
- 4 Car Attached Garage
- 4-minute walk to Reservoir park
About This Home
As of November 2020Positive cash flow from day one! Solid, brick, four unit apartment building is fully rented with excellent tenants. All units have identical floorplans and have been renovated. Each offers a large living space, two very nice sized bedrooms, a galley style kitchen, a dining area with door to the outside rear of the unit and a full bath. Hardwoods have been refinished in all units in living/ dining and bedrooms. Tiled flooring in kitchen and bathrooms. Common area offers tenants a locked storage area for each unit, and common laundry with coin operated dryer (approx $50/mnth income) . Electric and heat is separate for each unit and paid for by tenant. Landlord pays water/sewer, and trash. ( sewer and trash included in taxes) Additional 4 garages in rear offer even more income opportunity; two garages currently rented for 75.00/month per garage with long term tenant. Opportunity to raise all rents on units and garages. Building is solid with concrete and steel foundations and flooring. Yearly income now exceeds $47000.00. Copies of leases available upon request. Expenses and rent sheets attached to MLS.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 8,015 Sq Ft Lot
- Lot Dimensions are 75.00 x 125.00
- Property is in good condition
Parking
- 4 Car Attached Garage
- Basement Garage
- Rear-Facing Garage
- On-Street Parking
Home Design
- Quadruplex
- Colonial Architecture
- Traditional Architecture
- Tudor Architecture
- Brick Exterior Construction
Interior Spaces
- 3,630 Sq Ft Home
- Basement Fills Entire Space Under The House
- Fire Escape
Flooring
- Wood
- Ceramic Tile
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- 2-Story Building
Listing and Financial Details
- Tax Lot 254-000
- Assessor Parcel Number 23-00-00433-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 24, 2020
Closed on
Nov 13, 2020
Sold by
Chiodo Paul and Chiodo Jennifer B
Bought by
Malka Yaniv and Ziv Mike
Seller's Agent
Ralph Chiodo
EXP Realty, LLC
Buyer's Agent
Mike Ziv
Realty Mark Associates
List Price
$379,900
Sold Price
$402,750
Premium/Discount to List
$22,850
6.01%
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
$123,534
Avg. Annual Appreciation
4.40%
Original Mortgage
$302,063
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 19, 2009
Sold by
Chiodo Paul
Bought by
Chiodo Paul and Chiodo Jennifer B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.86%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 17, 2001
Sold by
Hornik Robert C and Hornik Esther L
Bought by
Chiodo Paul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,228
Interest Rate
6.54%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Malka Yaniv | $402,750 | Associates Land Transfer | |
| Chiodo Paul | -- | None Available | |
| Chiodo Paul | $226,000 | Commonwealth Land Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Malka Yaniv | $302,063 | |
| Previous Owner | Chiodo Paul | $245,000 | |
| Previous Owner | Chiodo Paul | $224,228 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/16/2020 11/16/20 | Sold | $402,750 | +6.0% | $111 / Sq Ft |
| 09/29/2020 09/29/20 | Pending | -- | -- | -- |
| 09/24/2020 09/24/20 | For Sale | $379,900 | -- | $105 / 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 | $12,953 | $314,600 | $47,000 | $267,600 |
| 2024 | $12,953 | $314,600 | $47,000 | $267,600 |
| 2023 | $12,349 | $314,600 | $47,000 | $267,600 |
| 2022 | $12,107 | $314,600 | $47,000 | $267,600 |
| 2021 | $18,180 | $314,600 | $47,000 | $267,600 |
| 2020 | $11,240 | $171,390 | $34,330 | $137,060 |
| 2019 | $11,052 | $171,390 | $34,330 | $137,060 |
| 2018 | $10,862 | $171,390 | $0 | $0 |
| 2017 | $10,623 | $171,390 | $0 | $0 |
| 2016 | $941 | $171,390 | $0 | $0 |
| 2015 | $960 | $171,390 | $0 | $0 |
| 2014 | $941 | $171,390 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ralph Chiodo
-
Michael Chiodo
Seller Co-Listing Agent in 2020
Michael Chiodo
EXP Realty, LLC
(215) 275-8457
1 in this area
1 Total Sale
-
Mike Ziv
M
Buyer's Agent in 2020
Mike Ziv
Realty Mark Associates
(610) 842-3900
2 in this area
6 Total Sales
Map
Source: Bright MLS
MLS Number: PADE528082
APN: 23-00-00433-00
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