NOT LISTED FOR SALE

200 S Narberth Ave Unit 16 Narberth, PA 19072

Estimated Value: $973,000 - $1,242,000

-- Bed
3 Baths
-- Sq Ft
0.29 Acres

Last Sold March 05, 2020

Last sale price $710,000

Est. 45% increase in value since last sale

Current estimated payment $6,768/month

612 Days on Market

Highlights

  • 0.29 Acre Lot
  • 4-minute walk to Narberth
  • No HOA
  • Merion Elementary School Rated A+
  • Wood Flooring
  • 3 Car Detached Garage

About This Home

As of March 2020

Attention All Investors: Don't miss this opportunity to own this spectacular, turnkey, Multi-Unit, corner property consisting of three magnificent renovated units and a separate oversized 3-car garage in the heart of Narberth! This fabulous property has separate utilities and washer/dryer in each unit! The first floor unit includes 2 spacious bedrooms, 2 full bathrooms, an updated kitchen with breakfast bar, dining room, living room, foyer/office space and a sun room. The second floor unit consists of 2 bedrooms, a living room, eat-in kitchen, 1 full bathroom, sun room and private deck. The third unit consists of 2 bedrooms, 1 full bathroom, living room with built-in wall unit, updated kitchen and sun room. Separate hot water heaters, gas & electric meters and central air. Possible condo conversion or 1031 Exchange opportunity with a wonderful walk-to-everything location. Award-winning Lower Merion Schools. Walk to train and everything in Narberth Borough.

Last Agent to Sell the Property

Damon Michels

KW Main Line - Narberth License #AB067731 Listed on: 05/07/2018

KW Main Line - Narberth

Last Buyer's Agent

Erica Deuschle

Keller Williams Main Line License #RS311481

Keller Williams Main Line

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,679

Year Built

  • Built in 1910

Lot Details

  • 0.29 Acre Lot
  • Property is in good condition

Parking

  • 3 Car Detached Garage
  • 5 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Driveway
  • Parking Lot

Home Design

  • Triplex
  • Pitched Roof
  • Shingle Roof
  • Stone Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • Fireplace
  • Replacement Windows
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Storage In Attic
  • Laundry in unit

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Radiator
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 016
  • Assessor Parcel Number 12-00-02881-005

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Narberth Subdivision

Building Details

  • Electric Expense $799
  • Insurance Expense $1,667
  • Maintenance Expense $9,400
  • Other Expense $2,795
  • Operating Expense $26,119

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,679

Year Built

Built in 1910

Lot Details

0

Parking

3

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: 3 Washers, 3 Dryers, 3 Refrigerators All As-Is
  • New Construction: No
  • Other Expense: 2795.00
  • Storage: Basement, Attic, Garage
  • Year Built: 1910
  • Remarks Public: Attention All Investors: Don't miss this opportunity to own this spectacular, turnkey, Multi-Unit, corner property consisting of three magnificent renovated units and a separate oversized 3-car garage in the heart of Narberth! This fabulous property has separate utilities and washer/dryer in each unit! The first floor unit includes 2 spacious bedrooms, 2 full bathrooms, an updated kitchen with breakfast bar, dining room, living room, foyer/office space and a sun room. The second floor unit consists of 2 bedrooms, a living room, eat-in kitchen, 1 full bathroom, sun room and private deck. The third unit consists of 2 bedrooms, 1 full bathroom, living room with built-in wall unit, updated kitchen and sun room. Separate hot water heaters, gas & electric meters and central air. Possible condo conversion or 1031 Exchange opportunity with a wonderful walk-to-everything location. Award-winning Lower Merion Schools. Walk to train and everything in Narberth Borough.
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Hardwood
  • Window Features: Replacement
  • Fireplace: Yes
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 200

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stone
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 5
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Driveway, Parking Lot, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Electric Expense: 799.00
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator, Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: LOWER MERION
  • School District Key: 300200396851

Lot Info

  • Land Use Code: 1134
  • Lot Size Acres: 0.29
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12492.00
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: R3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 612492
  • School Tax: 8070.00
  • Tax Annual Amount: 11679.00
  • Assessor Parcel Number: 12-00-02881-005
  • Tax Lot: 016
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 03/05/2020

Multi Family

  • Gross Income: 62820.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2018
Closed on
Feb 28, 2020
Sold by
Hargaden Cheryl Cucinotta
Bought by
Lamprey Daniel J
Seller's Agent
Damon Michels
KW Main Line - Narberth
Buyer's Agent
Erica Deuschle
Keller Williams Main Line
List Price
$779,000
Sold Price
$710,000
Premium/Discount to List
-$69,000
-8.86%
Current Estimated Value
$1,031,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,547
Avg. Annual Appreciation
8.90%
Original Mortgage
$510,000
Outstanding Balance
$455,697
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$672,182

Purchase Details

Closed on
Dec 16, 2016
Sold by
Hargaden Anthony M and Hargaden Alexander W
Bought by
Hargaden Anthony M

Purchase Details

Closed on
Dec 28, 2006
Sold by
Hargaden Anthony M
Bought by
Hargaden Alexander W and Hargaden Anthony M

Purchase Details

Closed on
Nov 19, 1997
Sold by
Niargadain Sinead
Bought by
Hargaden Anthony M

Purchase Details

Closed on
Nov 10, 1995
Sold by
Vauclain Isabelle T
Bought by
Niargadain Sinead
Source: Public Records

Range of Values:

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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
Lamprey Daniel J $710,000 None Available
Hargaden Anthony M -- None Available
Hargaden Alexander W -- None Available
Hargaden Anthony M $270,000 --
Niargadain Sinead $252,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamprey Daniel J $50,000
Open Lamprey Daniel J $510,000
Previous Owner Hargaden Anthony M $196,475
Previous Owner Hargaden Alexander W $318,000
Previous Owner Hargaden Anthony M $318,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2020 03/05/20 Sold $710,000 -3.4% --
01/09/2020 01/09/20 Pending -- -- --
10/14/2019 10/14/19 Price Changed $735,000 -1.9% --
09/10/2018 09/10/18 Price Changed $749,000 -3.9% --
07/04/2018 07/04/18 For Sale $779,000 0.0% --
07/04/2018 07/04/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $779,000 -- --
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 $12,848 $270,830 $95,310 $175,520
2023 $12,377 $270,830 $95,310 $175,520
2022 $12,744 $270,830 $95,310 $175,520
2021 $11,933 $270,830 $95,310 $175,520
2020 $11,637 $270,830 $95,310 $175,520
2019 $13,886 $270,830 $95,310 $175,520
2018 $7,559 $270,830 $95,310 $175,520
2017 $11,049 $270,830 $95,310 $175,520
2016 $10,943 $270,830 $95,310 $175,520
2015 $10,418 $270,830 $95,310 $175,520
2014 $10,092 $270,830 $95,310 $175,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000672822

Bright MLS

APN: 12-00-02881-005