NOT LISTED FOR SALE

207 Macdade Blvd Darby, PA 19023

Estimated Value: $321,000 - $441,000

Studio
3 Baths
3,094 Sq Ft
$127/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $360,000 $116 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,649/month

152 Days on Market

Highlights

  • View of Trees or Woods
  • Subterranean Parking
  • Parking Storage or Cabinetry
  • 0.2 Acre Lot
  • 2 Car Attached Garage
  • Hot Water Heating System

About This Home

As of December 2023

Buyer lost financing and we're back on market. U&O inspections and repairs are complete. Certificate is in hand. This is turnkey and ready to go.

3 renovated units with parking for 6 AND a 1000 sf garage with office. Units feature new floors, kitchens and bathrooms. Potential rent roll $4650 w/ bonus garage rental. With market rents, this turns into a 12+ cap fast.

The garage and office shown were recently cleaned out and renovated.

Consider buying as part of a package with 1028 Coates St in Sharon Hill.

Last Agent to Sell the Property

Ryan McLaughlin

(215) 498-4379 ryanm@tollrealtygroup.com KW Empower Listed on: 03/02/2023

KW Empower

Last Buyer's Agent

Glory Morales

(646) 267-9445 yinaury.gm@gmail.com Giraldo Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,999

Year Built

  • Built in 1910 | Remodeled in 2022

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 22.00 x 261.00

Parking

  • 2 Car Attached Garage
  • 6 Open Parking Spaces
  • Subterranean Parking
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Rear-Facing Garage
  • Driveway
  • Parking Lot

Home Design

  • Triplex
  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Stucco

Interior Spaces

  • 3,094 Sq Ft Home
  • Views of Woods
  • Basement
  • Garage Access
  • Oven

Schools

  • Academy Park High School

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 157-000
  • Assessor Parcel Number 11-00-01534-00

Community Details

Overview

  • 3 Units

Building Details

  • Income includes apartment rentals, parking
  • Operating Expense $13,710
  • Net Operating Income $41,490

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,999

Year Built

Built in 1910 | Remodeled in 2022

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Year Renovated: 2022
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Stories: 0

Interior Features

  • Appliances: Oven - Single, Refrigerator
  • Fireplace: No
  • Foundation Details: Brick/Mortar, Stone
  • Basement: Yes
  • Basement Type: Garage Access
  • Total Sq Ft: 3094
  • Living Area Sq Ft: 3094
  • Price Per Sq Ft: 113.12
  • Above Grade Finished Sq Ft: 3094
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco, Brick
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Additional Storage Area, Garage - Rear Entry, Underground
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Parking Lot, Driveway, Attached Garage
  • Parking Lot Number Of Spaces: 6

Utilities

  • Central Air Conditioning: No
  • Previous Twelve Months Electric Expense: 1450.00
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Natural Gas Available
  • Water Previous Twelve Months: 1800.00
  • Water Source: Public

Schools

  • School District Source: Listing Agent
  • High School: ACADEMY PARK

Lot Info

  • Lot Size Acres: 0.20
  • Lot Dimensions: 22.00 x 261.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Zoning: R-30

Rental Info

  • Existing Lease Type: Long Term
  • Owner Pays: Water
  • Rent Control: No
  • Total Actual Rent: 42072.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 4967.00
  • Tax Annual Amount: 6999.00
  • Assessor Parcel Number: 11-00-01534-00
  • Tax Lot: 157-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

Multi Family

  • Gross Income: 42072.00
  • Income Includes: Apartment Rentals, Parking
  • Operating Expense: 13710.00

MLS Schools

  • School District Name: SOUTHEAST DELCO

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
Dec 14, 2023
Sold by
Kimball Michael Thomas
Bought by
Areche Jeik Manuel
Seller's Agent
Ryan McLaughlin
KW Empower
Buyer's Agent
Glory Morales
Giraldo Real Estate Group
List Price
$384,000
Sold Price
$360,000
Premium/Discount to List
-$24,000
-6.25%
Views
366
Current Estimated Value
$391,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,392
Avg. Annual Appreciation
4.00%
Original Mortgage
$347,985
Outstanding Balance
$341,972
Interest Rate
7.29%
Mortgage Type
FHA
Estimated Equity
$49,420

Purchase Details

Listed on
Dec 6, 2016
Closed on
Apr 28, 2017
Sold by
Wizbangi Lp
Bought by
Kimball Michael Thomas
Seller's Agent
Christos Tzimoulis
New Age Realty Group Inc
Buyer's Agent
Jay Giller
Space & Company
List Price
$220,000
Sold Price
$205,000
Premium/Discount to List
-$15,000
-6.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%
Original Mortgage
$153,750
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2007
Sold by
Barr Edward
Bought by
Wizbang1 Lp
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
Areche Jeik Manuel $360,000 None Listed On Document
Kimball Michael Thomas $205,000 None Available
Wizbang1 Lp $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Areche Jeik Manuel $347,985
Previous Owner Kimball Michael Thomas $153,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2023 12/08/23 Sold $360,000 +2.9% $116 / Sq Ft
10/16/2023 10/16/23 Price Changed $350,000 -2.8% $113 / Sq Ft
09/13/2023 09/13/23 Price Changed $360,000 -6.3% $116 / Sq Ft
09/05/2023 09/05/23 For Sale $384,000 0.0% $124 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
07/17/2023 07/17/23 Price Changed $384,000 -2.5% $124 / Sq Ft
06/15/2023 06/15/23 Price Changed $394,000 -1.3% $127 / Sq Ft
04/04/2023 04/04/23 Price Changed $399,000 -1.0% $129 / Sq Ft
04/04/2023 04/04/23 Price Changed $403,000 -4.0% $130 / Sq Ft
03/02/2023 03/02/23 For Sale $420,000 +104.9% $136 / Sq Ft
04/28/2017 04/28/17 Sold $205,000 -6.8% $80 / Sq Ft View Prior Sale
03/11/2017 03/11/17 Pending -- -- --
12/06/2016 12/06/16 For Sale $220,000 -- $86 / 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 $7,475 $165,060 $36,160 $128,900
2024 $7,475 $165,060 $36,160 $128,900
2023 $7,277 $165,060 $36,160 $128,900
2022 $7,000 $165,060 $36,160 $128,900
2021 $9,641 $165,060 $36,160 $128,900
2020 $4,021 $63,260 $26,140 $37,120
2019 $3,876 $63,260 $26,140 $37,120
2018 $3,790 $63,260 $0 $0
2017 $3,720 $63,260 $0 $0
2016 $347 $63,260 $0 $0
2015 $347 $63,260 $0 $0
2014 $354 $63,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2042240

Bright MLS

APN: 11-00-01534-00