NOT LISTED FOR SALE

28 School Ln Unit 420 Ardmore, PA 19003

Estimated Value: $597,907 - $778,000

-- Bed
3 Baths
2,362 Sq Ft
$283/Sq Ft Est. Value

Last Sold November 15, 2012

Last sale price $310,000 $131 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $4,000/month

Highlights

  • Wood Flooring
  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Penn Wynne Elementary School Rated A+
  • 2 Car Detached Garage
  • En-Suite Primary Bedroom

About This Home

As of November 2012

Investor or owner occupier opportunity to obtain a well located Ardmore triplex with three units including two one bedroom, one bath units and a rare three bedroom two bath apartment within the Ardmore Revitalization Area. Fully leased with separated utilities. Two car detached garage on the property with garden area as well. Common area laundry in basement. Property has been updated. Walk to shops, restaurants, Ardmore train station, Suburban Square, Ardmore library and parks. Walk score of 83/100, very walkable. Leases renew on staggered basis throughout the year.

Last Agent to Sell the Property

Nicholas Vandekar

(610) 203-4543 nick@vandekarteam.com Realty One Group Advocates License #AB067198 Listed on: 06/15/2012

Realty One Group Advocates

Last Buyer's Agent

MARILYN WAINWRIGHT

(215) 435-2217 marilyn.wainwright@foxroach.com BHHS Fox & Roach-Blue Bell License #RS225001L

BHHS Fox & Roach-Blue Bell

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,973

Year Built

  • Built in 1940

Lot Details

  • 8,000 Sq Ft Lot
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Triplex
  • Pitched Roof
  • Shingle Roof
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,362 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Schools

  • Penn Wynne Elementary School
  • Bala Cynwyd Middle School
  • Lower Merion High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Hot Water Heating System
  • 200+ Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 420
  • Assessor Parcel Number 40-00-53976-002

Community Details

Building Details

  • Income includes laundry
  • Electric Expense $1,149
  • Insurance Expense $945
  • Maintenance Expense $1,498
  • Other Expense $3,183
  • Operating Expense $11,904

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,973

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: Appliances
  • New Construction: No
  • Other Expense: 3183.00
  • Storage: Basement
  • Year Built: 1940
  • Remarks Public: Investor or owner occupier opportunity to obtain a well located Ardmore triplex with three units including two one bedroom, one bath units and a rare three bedroom two bath apartment within the Ardmore Revitalization Area. Fully leased with separated utilities. Two car detached garage on the property with garden area as well. Common area laundry in basement. Property has been updated. Walk to shops, restaurants, Ardmore train station, Suburban Square, Ardmore library and parks. Walk score of 83/100, very walkable. Leases renew on staggered basis throughout the year.
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Fireplace: No
  • Entry Location: Private
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Common
  • Total Sq Ft: 2362
  • Living Area Sq Ft: 2362
  • Price Per Sq Ft: 168.92
  • Above Grade Finished Sq Ft: 2362
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 28

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Exterior Features: Sidewalks
  • Roof: Pitched, Shingle
  • 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
  • Parking Features: Street
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Driveway, Detached Garage

Utilities

  • Annual Heating Expense: 1149.00
  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Expense: 1149.00
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 7.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: LOWER MERION
  • Elementary School: PENN WYNNE
  • Middle School: BALA CYNWYD
  • High School: LOWER MERION
  • School District Key: 300200396851
  • Elementary School: PENN WYNNE
  • High School: LOWER MERION
  • Middle Or Junior School: BALA CYNWYD

Lot Info

  • Land Use Code: 1134
  • Lot Size Acres: 0.18
  • Lot Dimensions: 80
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8000.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: R6A

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 31794.00
  • Income Includes: Laundry
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 733640
  • Tax Annual Amount: 3973.00
  • Assessor Parcel Number: 40-00-53976-002
  • Tax Lot: 420
  • Tax Year: 2012
  • Close Date: 11/15/2012

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2012
Closed on
Nov 15, 2012
Sold by
Alden Helen H
Bought by
Sherman Levine Diane and Sherman Adam
Seller's Agent
Nicholas Vandekar
Realty One Group Advocates
Buyer's Agent
MARILYN WAINWRIGHT
BHHS Fox & Roach-Blue Bell
List Price
$409,000
Sold Price
$310,000
Premium/Discount to List
-$99,000
-24.21%
Current Estimated Value
$668,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,727
Avg. Annual Appreciation
6.21%
Original Mortgage
$192,000
Outstanding Balance
$133,212
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$540,126

Purchase Details

Closed on
May 20, 2009
Sold by
Alden Helen
Bought by
Helen H Alden Trust

Purchase Details

Closed on
Mar 31, 1995
Sold by
Beck Leonid P
Bought by
Hanjani Hassan
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sherman Levine Diane $310,000 None Available
Helen H Alden Trust -- None Available
Hanjani Hassan $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherman Levine Diane $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2012 11/15/12 Sold $310,000 -24.2% $131 / Sq Ft
09/26/2012 09/26/12 Pending -- -- --
06/15/2012 06/15/12 For Sale $409,000 -- $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 $5,464 $130,840 $33,040 $97,800
2024 $5,464 $130,840 $33,040 $97,800
2023 $5,236 $130,840 $33,040 $97,800
2022 $5,139 $130,840 $33,040 $97,800
2021 $5,022 $130,840 $33,040 $97,800
2020 $4,900 $130,840 $33,040 $97,800
2019 $4,813 $130,840 $33,040 $97,800
2018 $4,813 $130,840 $33,040 $97,800
2017 $4,636 $130,840 $33,040 $97,800
2016 $4,586 $130,840 $33,040 $97,800
2015 $4,275 $130,840 $33,040 $97,800
2014 $4,275 $130,840 $33,040 $97,800
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Vandekar

    Seller's Agent in 2012

    Nicholas Vandekar

    Realty One Group Advocates

    (610) 203-4543

    26 Total Sales

    Nicholas Vandekar
    Section Image
  • MARILYN WAINWRIGHT

    Buyer's Agent in 2012

    MARILYN WAINWRIGHT

    BHHS Fox & Roach

    (215) 435-2217

    19 Total Sales

    MARILYN WAINWRIGHT
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003442509

Bright MLS

APN: 40-00-53976-002

Pennsylvania Montgomery County Ardmore 19003

28 School Ln Unit 420, Ardmore, PA

This home is located at 28 School Ln Unit 420, Ardmore, PA 19003 since 15 June 2012 and is currently estimated at $668,727, approximately $283 per square foot. This property was built in 1940. 28 School Ln Unit 420 is a home located in Montgomery County with nearby schools including Penn Wynne Elementary School, Bala-Cynwyd Middle School, and Lower Merion High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes