NOT LISTED FOR SALE

2925 W 3rd St Chester, PA 19013

South Chester Neighborhood

Estimated Value: $136,000 - $191,000

-- Bed
3 Baths
1,812 Sq Ft
$93/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $130,000 $72 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,002/month

21 Days on Market

About This Home

As of March 2021

Tri-plex now available. 1st floor unit is a 2 bedroom 1 bath unit. Also on the 1st floor is a laundry area for the use of all tenants (Machines are not included in the sale) 2nd floor unit is a 2 bedroom 1 bath unit and the 3rd floor is a 1 bedroom 1 bath unit. All units have their own kitchen. Building generates $2200/month and that means a great CAP rate of 16.9%. Don't let this one slip by. Exterior just painted. Rear yard completely fenced in for tenants enjoyment. Showings require 24 hr. notice for listing agent to advise tenants.

Last Agent to Sell the Property

Douglas Carlson

Long & Foster Real Estate, Inc. License #RS324518 Listed on: 01/27/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Portia Thomas

Fowler and Co License #RS350867

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,793

Year Built

  • Built in 1920

Lot Details

  • 1,786 Sq Ft Lot
  • Lot Dimensions are 20.00 x 70.00

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1,812 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 269-000
  • Assessor Parcel Number 49-11-00351-00

Community Details

Overview

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

Building Details

  • Net Operating Income $22,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,793

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Coin operated washer and dryer. Tenants personal belongings
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Tri-plex now available. 1st floor unit is a 2 bedroom 1 bath unit. Also on the 1st floor is a laundry area for the use of all tenants (Machines are not included in the sale) 2nd floor unit is a 2 bedroom 1 bath unit and the 3rd floor is a 1 bedroom 1 bath unit. All units have their own kitchen. Building generates $2200/month and that means a great CAP rate of 16.9%. Don't let this one slip by. Exterior just painted. Rear yard completely fenced in for tenants enjoyment. Showings require 24 hr. notice for listing agent to advise tenants.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1812
  • Living Area Sq Ft: 1812
  • Price Per Sq Ft: 74.50
  • Above Grade Finished Sq Ft: 1812
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2925

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Flat
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: CHESTER-UPLAND
  • School District Key: 300200397352
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 17820.00
  • Land Assessed Value: 7280.00
  • Land Use Code: R-30
  • Lot Size Acres: 0.04
  • Lot Dimensions: 20.00 x 70.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1786.00
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • Zoning Description: R-30 3 Family

Rental Info

  • Existing Lease Type: Month To Month
  • Rent Control: No
  • Total Actual Rent: 26400.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 588068
  • School Tax: 949.64
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1792.99
  • Assessor Parcel Number: 49-11-00351-00
  • Tax Lot: 269-000
  • Tax Total Finished Sq Ft: 1812
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 03/26/2021

MLS Schools

  • School District Name: CHESTER-UPLAND

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2023
Sold by
Alliston Darel
Bought by
Ddr Third Street Managment Llc
Current Estimated Value
$168,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Outstanding Balance
$105,822
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$66,907

Purchase Details

Listed on
Jan 27, 2021
Closed on
Mar 26, 2021
Sold by
Bell Shawn
Bought by
Alliston Darel
Seller's Agent
Douglas Carlson
Long & Foster Real Estate, Inc.
Buyer's Agent
Portia Thomas
Fowler and Co
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$96,000
Interest Rate
2.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 10, 2018
Sold by
County Of Delaware
Bought by
Shawn Bell

Purchase Details

Closed on
May 13, 2016
Sold by
Covert Anita L
Bought by
Elephant Realty 2 Llc

Purchase Details

Closed on
Dec 17, 1999
Sold by
Okonski Peter and Okonski Ruth
Bought by
Covert Anita L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,250
Interest Rate
7.83%
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
Ddr Third Street Managment Llc -- --
Alliston Darel $131,000 Quick Abstract Llc
Shawn Bell $26,796 None Available
Elephant Realty 2 Llc $22,000 None Available
Covert Anita L $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ddr Third Street Managment Llc $108,750
Previous Owner Alliston Darel $96,000
Previous Owner Covert Anita L $17,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $130,000 -3.7% $72 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $135,000 0.0% $75 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $135,000 -- $75 / 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 $985 $36,110 $8,820 $27,290
2023 $1,012 $36,110 $8,820 $27,290
2022 $1,030 $36,110 $8,820 $27,290
2021 $462 $36,110 $8,820 $27,290
2020 $137 $25,100 $7,280 $17,820
2019 $137 $25,100 $7,280 $17,820
2018 $141 $25,100 $0 $0
2017 $141 $25,100 $0 $0
2016 $141 $25,100 $0 $0
2015 $141 $25,100 $0 $0
2014 $141 $25,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Douglas Carlson

    Seller's Agent in 2021

    Douglas Carlson

    Long & Foster

    (302) 290-9522

    22 in this area

    112 Total Sales

    Douglas Carlson
    Section Image
  • Portia Thomas

    Buyer's Agent in 2021

    Portia Thomas

    Fowler and Co

    (267) 235-7615

    6 in this area

    34 Total Sales

    Portia Thomas
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PADE538660

Bright MLS

APN: 49-11-00351-00

Pennsylvania Delaware County Chester 19013 South Chester

2925 W 3rd St, Chester, PA

This home is located at 2925 W 3rd St, Chester, PA 19013 since 27 January 2021 and is currently estimated at $168,864, approximately $93 per square foot. This property was built in 1920. 2925 W 3rd St is a home located in Delaware County with nearby schools including Chester Charter School for the Arts, Frederick Douglass Christian School, and Faith Temple Christian School.

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