NOT LISTED FOR SALE

Estimated Value: $436,000 - $523,000

-- Bed
2 Baths
1,536 Sq Ft
$315/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $430,000 $280 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,963/month

1 Day on Market

Highlights

  • Craftsman Architecture
  • Traditional Floor Plan
  • Main Floor Bedroom
  • Belmont Hills El School Rated A+
  • Wood Flooring
  • 4-minute walk to Mcmoran Park

About This Home

As of August 2020

Fabulous investment opportunity in the Belmont Hills neighborhood of Lower Merion. This adorable Craftsman style home sits on a corner lot. A large covered front porch sets the stage for the charm and character found throughout this fabulous home with an upstairs apartment. Live in the main house and rent the upstairs or rent both units. The home could also be converted back to a single family home. Don t miss the original staircase which can be accessed from the front closet. The first floor of the home offers gorgeous hardwood floors, arched doorways, crown molding, lead glass windows, original doors and more. The spacious living room opens to the dining area with a bay window. The quaint kitchen boasts tiled granite and butcher block countertops, custom subway tile backsplash, gas cooking and cabinetry with pull out shelves and unique corner cabinet with maximum storage. A mud room is conveniently just past the kitchen and the perfect spot to drop your belongings. Three good sized bedrooms with plenty of closet space share a full hall bathroom. The lower level is partially finished and perfect for a family room, play room, or in-home gym. The unfinished section basement provides an enormous amount of storage space, laundry area and workbench. A large, fenced, flat backyard provides plenty of space for fun and games. One car garage. The one bedroom apartment has been freshly painted and includes brand new carpet. It has a private entrance and section of the basement with storage and laundry. Units are separately metered. In the highly desired Lower Merion School District, walk to Belmont Hill Elementary, Swim Club, library and McMoran park. Easy access to 76.

Last Agent to Sell the Property

Garrett Elwood

(610) 937-0060 garrett.elwood@me.com Compass RE Listed on: 07/22/2020

Compass RE

Last Buyer's Agent

Lisa Markee

(484) 486-4142 lboucher@spaceandcompany.com Compass RE

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,699

Year Built

  • Built in 1915

Lot Details

  • 8,195 Sq Ft Lot
  • Lot Dimensions are 50.00 x 0.00
  • Corner Lot
  • Back, Front, and Side Yard
  • Property is in excellent condition

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • On-Street Parking

Home Design

  • Duplex
  • Craftsman Architecture
  • Traditional Architecture
  • Frame Construction
  • Pitched Roof

Interior Spaces

  • 1,536 Sq Ft Home
  • Traditional Floor Plan
  • Crown Molding
  • Ceiling Fan
  • Awning
  • Dining Area
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathtub with Shower

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Belmont Hills Subdivision

Listing and Financial Details

  • Tax Lot 200
  • Assessor Parcel Number 40-00-02172-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,699

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Craftsman, Traditional
  • Ownership: Fee Simple
  • Exclusions: stained glass in dining room
  • Inclusions: extra windows and doors in basement
  • New Construction: No
  • Expected On Market: 2020-07-22
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour

Interior Features

  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Tub Shower, Upgraded Countertops, Wood Floors
  • Basement: Yes
  • Basement Type: Full, Partially Finished
  • Total Sq Ft: 1536
  • Living Area Sq Ft: 1536
  • Price Per Sq Ft: 276.69
  • Above Grade Finished Sq Ft: 1536
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Awning(s), Exterior Lighting, Sidewalks
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil, Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Features: Corner, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.19
  • Lot Dimensions: 50.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8195.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Excellent
  • Zoning: R5

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 716746
  • School Tax: 3758.00
  • Tax Annual Amount: 4699.00
  • Assessor Parcel Number: 40-00-02172-002
  • Tax Lot: 200
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2020
Closed on
Aug 18, 2020
Sold by
Graham Melanie E
Bought by
Boucher Lisa
Seller's Agent
Garrett Elwood
Compass RE
Buyer's Agent
Lisa Markee
Compass RE
List Price
$425,000
Sold Price
$430,000
Premium/Discount to List
$5,000
1.18%
Current Estimated Value
$483,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,382
Avg. Annual Appreciation
2.23%
Original Mortgage
$344,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2010
Sold by
Bork Christine and Bork Jeffrey
Bought by
Bork Melanie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,696
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 12, 2001
Sold by
Todd Christopher R and Todd Molly K
Bought by
Bork Jeffrey and Bork Christine

Purchase Details

Closed on
Nov 30, 1998
Sold by
Todd Christopher R and Kelly Molly J
Bought by
Todd Christopher R and Todd Molly K

Purchase Details

Closed on
Jul 30, 1996
Sold by
Kampf Frederick P and Kampf Susan
Bought by
Todd Christopher R and Kelly Molly J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Boucher Lisa $430,000 None Available
Bork Melanie E $325,000 None Available
Bork Jeffrey $178,000 Germantown Title Company
Todd Christopher R -- --
Todd Christopher R $152,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boucher Lisa $344,000
Previous Owner Bork Melanie E $315,696
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2020 08/21/20 Sold $430,000 +1.2% $280 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $425,000 0.0% $277 / Sq Ft
07/21/2020 07/21/20 Price Changed $425,000 -- $277 / 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 $5,135 $122,960 $36,400 $86,560
2024 $5,135 $122,960 $36,400 $86,560
2023 $4,921 $122,960 $36,400 $86,560
2022 $4,830 $122,960 $36,400 $86,560
2021 $4,720 $122,960 $36,400 $86,560
2020 $4,605 $122,960 $36,400 $86,560
2019 $4,523 $122,960 $36,400 $86,560
2018 $4,523 $122,960 $36,400 $86,560
2017 $4,357 $122,960 $36,400 $86,560
2016 $4,309 $122,960 $36,400 $86,560
2015 $4,018 $122,960 $36,400 $86,560
2014 $4,018 $122,960 $36,400 $86,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC657052

Bright MLS

APN: 40-00-02172-002