Seller's Agent in 2021
James Hocker
Compass RE
(610) 662-7365
40 Total Sales
211 Grayling Ave Narberth, PA 19072
Narberth AreaEstimated Value: $732,780 - $961,000
Studio
3
Baths
4,179
Sq Ft
$196/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- No HOA
- Property is in very good condition
- Belmont Hills El School Rated A+
- Electric Baseboard Heater
About This Home
As of March 2021This investment property is a money maker!!! All three units are separately metered for electric. Tenants pay their own heat, cooking and electricity. Owner currently pays for cold & hot water, house electric and sewer. This property has been well maintained by the current owner who resides on the first floor. House highlights include a new main roof 2020, replacement windows on the second floor, various electric & plumbing updates, hardwood floors on all three levels and laundry facilities in the basement. Located within a short walk to downtown Narberth, the train station, numerous shops and restaurants, a first run movie theater, library and Borough Park. Unit #1- 2 bedrooms, den, dining room, kitchen. full bath, rear screened in porch- owner occupied until March 31, 2021 should rent for $1800-$2000 per month. Unit #2- 2 bedrooms, full bath, large living room, kitchen- just vacated was paying$1450 per month. Unit #3- 1 bedroom, small bedroom or den, full bath, large living room, kitchen- just vacated and was paying $1250 per month. Expenses- Insurance $2,000, water/sewer $1,200, House Electric $1,560 Projected Annual Income- $54,000, Operating Expenses- $17, 632 Net Operating Income $36,368 ** All Income & Expense figures are a combination of actual & estimated figures.
Last Agent to Sell the Property
(610) 822-3356 kenenochs@compass.com Compass RE License #AB062492L Listed on: 11/06/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,922
Year Built
- Built in 1920
Lot Details
- 6,768 Sq Ft Lot
- Lot Dimensions are 67.00 x 0.00
- Property is in very good condition
Parking
- On-Street Parking
Home Design
- Triplex
- Colonial Architecture
- Masonry
Interior Spaces
- 4,179 Sq Ft Home
- Basement Fills Entire Space Under The House
Utilities
- Electric Baseboard Heater
- Electric Water Heater
Listing and Financial Details
- The owner pays for water
- Tax Lot 013
- Assessor Parcel Number 12-00-01453-002
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Insurance Expense $2,000
- Operating Expense $17,632
- Net Operating Income $36,368
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 6, 2020
Closed on
Mar 8, 2021
Sold by
Bought by
Seller's Agent
James Hocker
Compass RE
Buyer's Agent
Damon Michels
KW Main Line - Narberth
List Price
$675,000
Sold Price
$555,000
Premium/Discount to List
-$120,000
-17.78%
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
$264,593
Avg. Annual Appreciation
7.52%
Original Mortgage
$416,250
Interest Rate
2.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 30, 1988
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $555,000 | None Available | ||
| $247,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $297,000 | ||
| Previous Owner | $416,250 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/15/2021 03/15/21 | Sold | $555,000 | -5.1% | $133 / Sq Ft |
| 01/13/2021 01/13/21 | Pending | -- | -- | -- |
| 01/09/2021 01/09/21 | Price Changed | $585,000 | -6.4% | $140 / Sq Ft |
| 12/02/2020 12/02/20 | Price Changed | $625,000 | -7.4% | $150 / Sq Ft |
| 11/06/2020 11/06/20 | For Sale | $675,000 | -- | $162 / Sq Ft |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $14,142 | $276,840 | ||
| 2025 | $13,912 | $293,290 | $74,320 | $218,970 |
| 2024 | $13,912 | $293,290 | $74,320 | $218,970 |
| 2023 | $13,402 | $293,290 | $74,320 | $218,970 |
| 2022 | $13,801 | $293,290 | $74,320 | $218,970 |
| 2021 | $12,922 | $293,290 | $74,320 | $218,970 |
| 2020 | $12,602 | $293,290 | $74,320 | $218,970 |
| 2019 | $12,408 | $293,290 | $74,320 | $218,970 |
| 2018 | $8,431 | $293,290 | $74,320 | $218,970 |
| 2017 | $11,965 | $293,290 | $74,320 | $218,970 |
| 2016 | $11,850 | $293,290 | $74,320 | $218,970 |
| 2015 | $10,928 | $293,290 | $74,320 | $218,970 |
| 2014 | $10,928 | $293,290 | $74,320 | $218,970 |
Source: Public Records
Agents Affiliated with this Home
-
James Hocker
-
Kathleen Hartnett
Seller Co-Listing Agent in 2021
Kathleen Hartnett
Compass RE
(610) 888-6670
40 Total Sales
-
Damon Michels
Buyer's Agent in 2021
Damon Michels
KW Main Line - Narberth
(610) 668-3400
617 Total Sales
Map
Source: Bright MLS
MLS Number: PAMC669612
APN: 12-00-01453-002
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