NOT LISTED FOR SALE

205 Lippincott Ave Ardmore, PA 19003

Estimated Value: $360,000 - $691,000

-- Bed
3 Baths
2,631 Sq Ft
$183/Sq Ft Est. Value

Last Sold May 08, 2012

Last sale price $230,000 $87 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $3,187/month

196 Days on Market

Highlights

  • No HOA
  • 4 Car Detached Garage
  • En-Suite Primary Bedroom
  • Penn Valley School Rated A+
  • Cooling System Mounted In Outer Wall Opening
  • 5-minute walk to Normandy Park

About This Home

As of May 2012

INVESTOR ALERT! Zoned triplex in Ardmore,Lower Merion School District. Close to shopping and public transportation. Partial new shingle roof 2010. Siding 15 years old. Sitting on over 1/4 acre on a lovely quiet tree lined street. With some updating there is potential for increased rents or even conversion into lovely spacious single family home. 4 detached garages at rear of property (potentially extra rental income or offer 1 garage with each apt for additional rent). Laundry only on first floor, currently no hookup in basement or access to basement by 2nd and 3rd fl units. Heat currently provided by landlord with coal furnace and back up oil burner. Separate electric, and separate gas for cooking. Large unfinished walk-out basement with 1/2 bath and loads of room for storage, workshop, laundry.

Last Agent to Sell the Property

Janet Ames

Keller Williams Main Line License #RS226356L Listed on: 08/23/2011

Keller Williams Main Line

Last Buyer's Agent

Anna Bumbera

Compass RE License #RS315793

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,470

Year Built

  • Built in 1900

Lot Details

  • 0.26 Acre Lot

Parking

  • 4 Car Detached Garage
  • 4 Open Parking Spaces
  • Driveway
  • On-Street Parking

Home Design

  • Triplex
  • Fixer Upper
  • Stone Foundation
  • Pitched Roof
  • Shingle Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,631 Sq Ft Home
  • Ceiling Fan
  • Wall to Wall Carpet
  • Laundry in unit

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Coal Stove
  • Heating System Uses Coal
  • Heating System Uses Oil
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Operating Expense $4,470

Listing and Financial Details

  • Tax Lot 304
  • Assessor Parcel Number 40-00-32792-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,470

Year Built

Built in 1900

Lot Details

0

Parking

4

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Washer/Dryer
  • Inclusions: 3 Refrigerators, 3 Stoves, 2 A/C Units (On First Fl Apt)
  • New Construction: No
  • Storage: Basement
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Entry Location: Common
  • Foundation Details: Stone
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2631
  • Living Area Sq Ft: 2631
  • Price Per Sq Ft: 104.52
  • Above Grade Finished Sq Ft: 2631
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, 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: 4.00
  • Garage: Yes
  • Open Parking Spaces Count: 4
  • Parking Features: Street
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: On Street, Driveway, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil, Coal
  • Heating Type: Oil, Coal, Forced Air
  • 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: 0.26
  • Lot Dimensions: 70
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11200.00
  • Property Attached Yn: Yes
  • Property Condition: Fixer
  • Zoning: R6A

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 27000.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 726394
  • Tax Annual Amount: 4470.00
  • Assessor Parcel Number: 40-00-32792-009
  • Tax Lot: 304
  • Tax Year: 2011
  • Close Date: 05/08/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2011
Closed on
May 3, 2012
Sold by
Still Hazel A and Still Leroy E
Bought by
Scutti Anthony B and Scutti Dominic D
Seller's Agent
Janet Ames
Keller Williams Main Line
Buyer's Agent
Anna Bumbera
Compass RE
List Price
$299,000
Sold Price
$230,000
Premium/Discount to List
-$69,000
-23.08%
Current Estimated Value
$480,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,496
Avg. Annual Appreciation
6.58%
Source: Public Records

Range of Values:

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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
Scutti Anthony B $230,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Still Leroy E $406,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2012 05/08/12 Sold $230,000 -23.1% $87 / Sq Ft
03/06/2012 03/06/12 Pending -- -- --
08/23/2011 08/23/11 For Sale $299,000 -- $114 / 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
2024 $6,399 $153,210 $31,360 $121,850
2023 $6,132 $153,210 $31,360 $121,850
2022 $6,018 $153,210 $31,360 $121,850
2021 $5,881 $153,210 $31,360 $121,850
2020 $5,737 $153,210 $31,360 $121,850
2019 $5,636 $153,210 $31,360 $121,850
2018 $5,636 $153,210 $31,360 $121,850
2017 $5,429 $153,210 $31,360 $121,850
2016 $5,369 $153,210 $31,360 $121,850
2015 $5,006 $153,210 $31,360 $121,850
2014 $5,006 $153,210 $31,360 $121,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003436571

Bright MLS

APN: 40-00-32792-009