NOT LISTED FOR SALE

3 Spruce St Coatesville, PA 19320

Estimated Value: $282,915 - $312,000

-- Bed
3 Baths
-- Sq Ft
0.39 Acres

Last Sold March 14, 2015

Last sale price $195,000

Est. 51% increase in value since last sale

Current estimated payment $2,175/month

43 Days on Market

Highlights

  • 0.39 Acre Lot
  • Shed
  • Forced Air Heating and Cooling System
  • No HOA
  • En-Suite Primary Bedroom
  • Replacement Windows

About This Home

As of March 2015

Includes tax parcel 38-05F-0191 a vacant lot w/storage barn. Great investment opportunity w/3 detached dwellings. Owner occupies 3 Spruce Front a 3 BR 1 1/2 story dwelling w/upgrades & recent heated in-grd pool. Rent est 1300/mo. 3 Spruce Rear is a 1 BR 1 story cottage rented at 500. Project rent 650/mo. 5 Spruce is a remodeled 2 BR 1 Story home w/full basement, currently rented to a fam member at 700/mo. Projected rent 950/mo. All 3 units have oil HA heating. Owners home has cent A/C. Shared well & public sewer. Great to live in one & rent the others or as an investment. Owner to vacate. All leases are verbal & on month-to-month bases. This property is priced below recent appraisals. Don't miss it.

Last Agent to Sell the Property

Steve Barr

Barr Realty Inc. License #RM419125 Listed on: 12/08/2014

Last Buyer's Agent

Steve Barr

Barr Realty Inc. License #RM419125 Listed on: 12/08/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 100x120
  • Property is in below average condition

Parking

  • 5 Open Parking Spaces

Home Design

  • Brick Foundation
  • Stone Foundation
  • Pitched Roof
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • Replacement Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Shed
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38-5F-0189

Community Details

Overview

  • No Home Owners Association
  • Westwood Subdivision

Building Details

  • Insurance Expense $1,500
  • Maintenance Expense $1,000
  • Operating Expense $9,325

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Inclusions: Appliances Owned By Seller, Pool Equipment.
  • New Construction: No
  • Storage: Basement, Shed
  • Year Built: 1939
  • Remarks Public: Includes tax parcel 38-05F-0191 a vacant lot w/storage barn. Great investment opportunity w/3 detached dwellings. Owner occupies 3 Spruce Front a 3 BR 1 1/2 story dwelling w/upgrades & recent heated in-grd pool. Rent est 1300/mo. 3 Spruce Rear is a 1 BR 1 story cottage rented at 500. Project rent 650/mo. 5 Spruce is a remodeled 2 BR 1 Story home w/full basement, currently rented to a fam member at 700/mo. Projected rent 950/mo. All 3 units have oil HA heating. Owners home has cent A/C. Shared well & public sewer. Great to live in one & rent the others or as an investment. Owner to vacate. All leases are verbal & on month-to-month bases. This property is priced below recent appraisals. Don't miss it.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Window Features: Replacement
  • Fireplace: No
  • Entry Location: Private
  • Foundation Details: Stone, Brick/Mortar
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Has Laundry
  • Street Number Modifier: 3 & 5

Exterior Features

  • Construction Materials: Stucco
  • Construction Completed: No
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1800.00
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: COATESVILLE AREA
  • School District Key: 300200397336

Lot Info

  • Lot Size Acres: 0.39
  • Lot Dimensions: 100X120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16988.00
  • Property Condition: Below Average
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 34800.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Tax Annual Amount: 5025.00
  • Assessor Parcel Number: 38-5F-0189
  • Tax Year: 2014
  • Close Date: 03/14/2015

MLS Schools

  • School District Name: COATESVILLE AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2014
Closed on
Mar 14, 2015
Sold by
Smith Hower S and Smith Bernadine A
Bought by
Smith Hower S and Smith Nicole A
Seller's Agent
Steve Barr
Barr Realty Inc.
Buyer's Agent
Steve Barr
Barr Realty Inc.
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Current Estimated Value
$294,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,229
Avg. Annual Appreciation
4.01%
Original Mortgage
$191,468
Outstanding Balance
$148,089
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$146,140

Purchase Details

Closed on
Nov 1, 1990
Bought by
Smith Hower S and Smith Bernadine A
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
Smith Hower S $195,000 None Available
Smith Hower S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Hower S $191,468
Previous Owner Smith Hower S $181,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2015 03/14/15 Sold $195,000 -2.5% --
01/20/2015 01/20/15 Pending -- -- --
12/08/2014 12/08/14 For Sale $199,900 -- --
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 $6,868 $135,020 $23,440 $111,580
2024 $6,868 $135,020 $23,440 $111,580
2023 $6,693 $135,020 $23,440 $111,580
2022 $6,487 $135,020 $23,440 $111,580
2021 $6,286 $135,020 $23,440 $111,580
2020 $6,227 $135,020 $23,440 $111,580
2019 $5,998 $135,020 $23,440 $111,580
2018 $5,750 $135,020 $23,440 $111,580
2017 $5,378 $135,020 $23,440 $111,580
2016 $4,517 $135,020 $23,440 $111,580
2015 $4,517 $135,020 $23,440 $111,580
2014 $4,517 $135,020 $23,440 $111,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003170494

Bright MLS

APN: 38-05F-0189.0000