NOT LISTED FOR SALE

2711 Cedar Ln Glenside, PA 19038

Estimated Value: $351,000 - $438,000

-- Bed
2 Baths
1,508 Sq Ft
$266/Sq Ft Est. Value

Last Sold May 25, 2021

Last sale price $296,000 $196 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,551/month

Highlights

  • Traditional Architecture
  • No HOA
  • Heating System Uses Oil
  • Abington Senior High School Rated A-
  • Shed

About This Home

As of May 2021

Turn Key Duplex in the heart of Glenside on a quiet street with excellent tenants and a large side yard. The 1st floor 2 bedroom unit has a recently renovated open kitchen along with a spacious full bathroom which was also just updated. The first floor tenant has access to the basement which provides extra storage and a private washer and dryer. Both units share the common sun room on the front of the property but each have their own separate entrance. Upstairs the 1 bedroom unit has fresh carpet along with a recently renovated kitchen and updated bathroom. The 1 bedroom unit also has its own washer and dryer included with the sale. Out back are two sheds, one for each tenant for outside storage. At end of the driveway the side yard expands all the way to the brush line providing a nice outdoor space for activities and relaxing outdoors. With new water heaters, and well maintained utilities this property is a great investment for anyone looking to widen their portfolio. 1 Bedroom unit has a lease through August 1 2021 2 Bedroom Unit has a lease through April 30th 2022. The new owner has the option of terminating either units lease with 60 days written notice to tenants. Both current tenants have excellent payment history and both have expressed interests in staying. Current rent is $1175 a month for 2 bedroom $850 a month for 1 bedroom. Showings Start on FRIDAY MAY 7TH at 3:00PM. Come see this great investment asap!

Last Agent to Sell the Property

Steven Illg

(215) 718-4650 steveillg44@gmail.com RE/MAX Keystone Listed on: 05/06/2021

RE/MAX Keystone

Last Buyer's Agent

Aaron Powell

(215) 896-0219 aaron@ourfamilysagent.com Keller Williams Real Estate-Montgomeryville License #RS326677

Keller Williams Real Estate-Montgomeryville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,508

Year Built

  • Built in 1930

Lot Details

  • 9,119 Sq Ft Lot
  • Lot Dimensions are 70.00 x 0.00
  • Cleared Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,508 Sq Ft Home
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Shed

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Radiant Heating System
  • Natural Gas Water Heater

Community Details

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

Listing and Financial Details

  • The owner pays for heater maintenance contract, pest control, sewer, sewer maintenance, water, trash collection, lawn/shrub care
  • Tax Lot 030
  • Assessor Parcel Number 30-00-06912-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,508

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: 2nd Floor apartment refrigerator, lawn mower, two doors in basement.
  • Inclusions: Washers, Dryers, 1st Floor Apartment refrigerator all in as is condition.
  • New Construction: No
  • Expected On Market: 2021-05-06
  • Year Built: 1930
  • Automatically Close On Close Date: Yes
  • Remarks Public: Turn Key Duplex in the heart of Glenside on a quiet street with excellent tenants and a large side yard. The 1st floor 2 bedroom unit has a recently renovated open kitchen along with a spacious full bathroom which was also just updated. The first floor tenant has access to the basement which provides extra storage and a private washer and dryer. Both units share the common sun room on the front of the property but each have their own separate entrance. Upstairs the 1 bedroom unit has fresh carpet along with a recently renovated kitchen and updated bathroom. The 1 bedroom unit also has its own washer and dryer included with the sale. Out back are two sheds, one for each tenant for outside storage. At end of the driveway the side yard expands all the way to the brush line providing a nice outdoor space for activities and relaxing outdoors. With new water heaters, and well maintained utilities this property is a great investment for anyone looking to widen their portfolio. 1 Bedroom unit has a lease through August 1 2021 2 Bedroom Unit has a lease through April 30th 2022. The new owner has the option of terminating either units lease with 60 days written notice to tenants. Both current tenants have excellent payment history and both have expressed interests in staying. Current rent is $1175 a month for 2 bedroom $850 a month for 1 bedroom. Showings Start on FRIDAY MAY 7TH at 3:00PM. Come see this great investment asap!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room Count: 9
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1508
  • Living Area Sq Ft: 1508
  • Price Per Sq Ft: 174.07
  • Above Grade Finished Sq Ft: 1508
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2711

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas, Oil
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: ABINGTON
  • School District Key: 300200397027
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1132
  • Lot Features: Cleared
  • Lot Size Acres: 0.21
  • Lot Dimensions: 70.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9119.00
  • Year Assessed: 2021
  • Zoning: H

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Heater Maintenance Contract, Pest Control, Sewer, Sewer Maintenance, Water, Trash Collection, Lawn/Shrub Care
  • Total Actual Rent: 24300.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 645816
  • School Tax: 3567.00
  • Tax Annual Amount: 4508.00
  • Assessor Parcel Number: 30-00-06912-006
  • Tax Lot: 030
  • Tax Total Finished Sq Ft: 1508
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/25/2021

MLS Schools

  • School District Name: ABINGTON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
May 20, 2021
Sold by
Rivers Julia S
Bought by
2711 Llc
Seller's Agent
Steven Illg
RE/MAX Keystone
Buyer's Agent
Aaron Powell
Keller Williams Real Estate-Montgomeryville
List Price
$262,500
Sold Price
$296,000
Premium/Discount to List
$33,500
12.76%
Current Estimated Value
$400,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,437
Avg. Annual Appreciation
7.18%

Purchase Details

Closed on
May 21, 2010
Sold by
Lynd Deborah M and Lynd Harry J
Bought by
Rivers Julia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
5.12%

Purchase Details

Closed on
Jul 31, 2003
Sold by
Garoppo Joseph J
Bought by
Lynd Deborah M and Lynd Harry J

Purchase Details

Closed on
Dec 19, 1997
Sold by
Jacoby Beverly A
Bought by
Garoppo Joseph J
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
2711 Llc $296,000 None Available
Rivers Julia S $195,000 None Available
Lynd Deborah M $155,000 --
Garoppo Joseph J $95,000 T A Title Insurance Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rivers Julia S $146,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2021 05/25/21 Sold $296,000 +12.8% $196 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $262,500 -- $174 / 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 $5,136 $110,910 $49,400 $61,510
2024 $5,136 $110,910 $49,400 $61,510
2023 $4,922 $110,910 $49,400 $61,510
2022 $4,764 $110,910 $49,400 $61,510
2021 $4,508 $110,910 $49,400 $61,510
2020 $4,443 $110,910 $49,400 $61,510
2019 $4,443 $110,910 $49,400 $61,510
2018 $4,444 $110,910 $49,400 $61,510
2017 $4,312 $110,910 $49,400 $61,510
2016 $4,269 $110,910 $49,400 $61,510
2015 $4,139 $110,910 $49,400 $61,510
2014 $4,013 $110,910 $49,400 $61,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC691636

Bright MLS

APN: 30-00-06912-006