NOT LISTED FOR SALE

204 Grayling Ave Narberth, PA 19072

Estimated Value: $921,000 - $1,014,000

-- Bed
3 Baths
3,638 Sq Ft
$265/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $590,000 $162 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $6,136/month

Highlights

  • Colonial Architecture
  • 5-minute walk to Narberth
  • No HOA
  • Belmont Hills El School Rated A+
  • Wood Flooring
  • 3 Car Detached Garage

About This Home

As of March 2019

All three units are separately metered for electric and gas. Tenants pay their own heat, hot water, cooking and electricity. Owner currently pays for cold water and sewer. Located within a short walk to downtown Narberth, the train station, numerous shops and restaurants, a first run movie theater, library and Borough Park. This investment property is a money maker!

Last Agent to Sell the Property

James Hocker

(610) 662-7365 hhsold@aol.com Compass RE License #AB062492L Listed on: 03/06/2019

Compass RE

Co-Listed By

Kathleen Hartnett

(610) 888-6670 hh4sale@aol.com Compass RE License #AB046822L

Last Buyer's Agent

Branka Saula

(484) 639-3748 branka.saula@compass.com KW Greater West Chester License #RS298421

KW Greater West Chester

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,070

Year Built

  • Built in 1900

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 75.00 x 0.00

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Triplex
  • Colonial Architecture
  • Victorian Architecture
  • Masonry

Interior Spaces

  • 3,638 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for insurance, lawn/shrub care, sewer, real estate taxes, water
  • Tax Lot 010
  • Assessor Parcel Number 12-00-01513-005

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 3-Story Building

Building Details

  • Operating Expense $20,340
  • Net Operating Income $45,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,070

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Colonial, Victorian
  • Ownership: Fee Simple
  • Exclusions: tenants personal property
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: All three units are separately metered for electric and gas. Tenants pay their own heat, hot water, cooking and electricity. Owner currently pays for cold water and sewer. Located within a short walk to downtown Narberth, the train station, numerous shops and restaurants, a first run movie theater, library and Borough Park. This investment property is a money maker!
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood, Carpet
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3638
  • Living Area Sq Ft: 3638
  • Price Per Sq Ft: 172.62
  • Above Grade Finished Sq Ft: 3638
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 204

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Masonry
  • 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
  • Garage Features: Oversized
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - 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: LOWER MERION
  • School District Key: 300200396851
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1134
  • Lot Size Acres: 0.17
  • Lot Dimensions: 75.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Year Assessed: 2019
  • Zoning: R3

Rental Info

  • Ground Rent Exists: No
  • Owner Pays: Insurance, Lawn/Shrub Care, Sewer, Taxes - Real Estate, Water
  • Rent Control: No
  • Total Actual Rent: 65400.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 611990
  • School Tax: 7624.00
  • Tax Annual Amount: 11070.00
  • Assessor Parcel Number: 12-00-01513-005
  • Tax Lot: 010
  • Tax Total Finished Sq Ft: 3638
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 03/29/2019

Multi Family

  • Gross Income: 65400.00
  • Operating Expense: 20340.00
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2019
Closed on
Mar 28, 2019
Sold by
Ronon Barbara Lynne
Bought by
Afi Narberth Llc
Seller's Agent
James Hocker
Compass RE
Buyer's Agent
Branka Saula
KW Greater West Chester
List Price
$628,000
Sold Price
$590,000
Premium/Discount to List
-$38,000
-6.05%
Current Estimated Value
$962,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,304
Avg. Annual Appreciation
7.79%

Purchase Details

Closed on
Jan 3, 2006
Sold by
Gallen Mary E
Bought by
Ronon Barbara Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,500
Interest Rate
6.33%

Purchase Details

Closed on
Dec 22, 1997
Sold by
Gallen Thomas J and Gallen Mary E
Bought by
Gallen Mary E
Source: Public Records

Range of Values:

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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
Afi Narberth Llc $590,000 None Available
Ronon Barbara Lynne $522,000 None Available
Gallen Mary E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ronon Barbara Lynne $391,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $590,000 -6.1% $162 / Sq Ft
03/06/2019 03/06/19 For Sale $628,000 -- $173 / 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 $12,412 $261,660 $77,010 $184,650
2024 $12,412 $261,660 $77,010 $184,650
2023 $11,957 $261,660 $77,010 $184,650
2022 $12,312 $261,660 $77,010 $184,650
2021 $11,529 $261,660 $77,010 $184,650
2020 $11,243 $261,660 $77,010 $184,650
2019 $11,070 $261,660 $77,010 $184,650
2018 $7,522 $261,660 $77,010 $184,650
2017 $10,674 $261,660 $77,010 $184,650
2016 $10,573 $261,660 $77,010 $184,650
2015 $9,750 $261,660 $77,010 $184,650
2014 $9,750 $261,660 $77,010 $184,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC554466

Bright MLS

APN: 12-00-01513-005