M
Seller's Agent in 2024
Mike Ziv
Realty Mark Associates
(610) 842-3900
1 in this area
5 Total Sales
2 N Ridgeway Ave Glenolden, PA 19036
Estimated Value: $268,000 - $286,000
--
Bed
2
Baths
1,467
Sq Ft
$187/Sq Ft
Est. Value
Highlights
- Corner Lot
- Hot Water Heating System
- Property is in very good condition
About This Home
As of September 2024Multi-family investment opportunity with a proven rental history. Corner lot with three off-street parking spaces. The first-floor unit comprises two bedrooms, one bathroom, a living room, a kitchen, and a full unfinished basement with washer and dryer hookups. Recent upgrades include a new side entrance deck, storm door, and Bilco doors for basement access. The second-floor apartment offers a spacious one-bedroom, one-bathroom layout with a living room, kitchen, and in-unit washer and dryer.
This unit boasts newer windows, upgraded electrical, new drywall, doors, trim, and ceiling fans. Both units are bathed in natural sunlight. Common areas include a front enclosed porch and a sizable backyard. The long-term first-floor tenant (eight years) handles lawn maintenance, snow removal, and pest control services in exchange for a reduced rent. The second-floor tenant has resided in the unit for two years. Both tenants have a history of prompt and early rental payments and have expressed a desire to remain in the property. However, the current rental rates are below market value, presenting an opportunity for increased revenue.
Separate gas radiant heaters, water heaters, and 100-amp services are provided. The landlord covers the cost of common cold water and sewer.
Second-floor rent: $980. First-floor rent: $860.
For any further inquiries, please contact the listing agent, Mike Ziv
Last Agent to Sell the Property
(610) 842-3900 Mikezivrealty@gmail.com Realty Mark Associates License #RS318253 Listed on: 06/14/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,106
Year Built
- Built in 1930
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 21.00 x 196.00
- Backs To Open Common Area
- Corner Lot
- Property is in very good condition
Home Design
- Duplex
- Pitched Roof
- Aluminum Siding
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,467 Sq Ft Home
- Basement Fills Entire Space Under The House
Parking
- 3 Parking Spaces
- 3 Driveway Spaces
Schools
- Glenolden Middle School
- Interboro Senior High School
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- 100 Amp Service
- Natural Gas Water Heater
- Municipal Trash
Listing and Financial Details
- The owner pays for water, sewer
- Tax Lot 862-000
- Assessor Parcel Number 21-00-01658-00
Community Details
Overview
- 2 Units
- 2-Story Building
Building Details
- Income includes apartment rentals
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 14, 2024
Closed on
Sep 27, 2024
Sold by
Beckley Richard A
Bought by
Adetunji Olawale
Seller's Agent
Mike Ziv
Realty Mark Associates
Buyer's Agent
Kolawole Ojulari
Whitney Sims Realty LLC
List Price
$269,000
Sold Price
$263,000
Premium/Discount to List
-$6,000
-2.23%
Views
88
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
$11,025
Avg. Annual Appreciation
3.51%
Original Mortgage
$13,150
Outstanding Balance
$13,015
Interest Rate
6.46%
Estimated Equity
$261,010
Purchase Details
Closed on
Mar 30, 2007
Sold by
Stanton Robert
Bought by
Beckley Richard A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,502
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 28, 2002
Sold by
Lesher Frederick B
Bought by
Stanton Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,400
Interest Rate
7.01%
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 |
|---|---|---|---|
| Adetunji Olawale | $263,000 | None Listed On Document | |
| Beckley Richard A | $115,000 | None Available | |
| Stanton Robert | $69,900 | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Adetunji Olawale | $13,150 | |
| Open | Adetunji Olawale | $258,236 | |
| Previous Owner | Beckley Richard A | $95,502 | |
| Previous Owner | Stanton Robert | $66,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/27/2024 09/27/24 | Sold | $263,000 | +1.2% | $179 / Sq Ft |
| 07/23/2024 07/23/24 | Price Changed | $259,900 | -1.9% | $177 / Sq Ft |
| 06/25/2024 06/25/24 | Price Changed | $265,000 | -1.5% | $181 / Sq Ft |
| 06/14/2024 06/14/24 | For Sale | $269,000 | -- | $183 / 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 | $5,106 | $142,400 | $42,290 | $100,110 |
| 2024 | $5,106 | $142,400 | $42,290 | $100,110 |
| 2023 | $4,996 | $142,400 | $42,290 | $100,110 |
| 2022 | $4,914 | $142,400 | $42,290 | $100,110 |
| 2021 | $6,933 | $142,400 | $42,290 | $100,110 |
| 2020 | $3,883 | $74,610 | $29,850 | $44,760 |
| 2019 | $3,840 | $74,610 | $29,850 | $44,760 |
| 2018 | $3,771 | $74,610 | $0 | $0 |
| 2017 | $3,687 | $74,610 | $0 | $0 |
| 2016 | $409 | $74,610 | $0 | $0 |
| 2015 | $409 | $74,610 | $0 | $0 |
| 2014 | $409 | $74,610 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Ziv
-
Kolawole Ojulari
Buyer's Agent in 2024
Kolawole Ojulari
Whitney Sims Realty LLC
(610) 818-5596
3 in this area
37 Total Sales
Map
Source: Bright MLS
MLS Number: PADE2069570
APN: 21-00-01658-00
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