Seller's Agent in 2020
Ryan Quinn
Space & Company
(215) 850-9930
135 Total Sales
315 N Swarthmore Ave Ridley Park, PA 19078
Estimated Value: $498,000 - $838,589
--
Bed
4
Baths
3,102
Sq Ft
$212/Sq Ft
Est. Value
Highlights
- Victorian Architecture
- Central Air
- 1-minute walk to Firehouse Park
- No HOA
- Hot Water Heating System
About This Home
As of October 2020Historic Ridley Park Mulit Family Apartment Building in a superb location within the quaint Historic Ridley Park Town. The building has been meticulously maintained and renovated by the current owners since 2014, which has created some long term tenants and a desire to live in this property and creates a low vacancy rate. There are 4 apartments within this building: (1) Studio Apartment, (1) 1 Bedroom 1 Bath Apartment, (1) 2 Bedroom 2 Bathroom Apartment and (1) 2 Bedroom 1 Bathroom Apartment. Steps away from Veterans Park, Nevin Street Park, Spirit of America Park and ABC Field - there is no shortage of outdoor spaces that you can walk to from this building. Ridley Park offers the best of a small town Historical feeling with the locally owned grocers and shops yet offers the larger stores like ACME Markets, Staples, Home Depot and Planet Fitness - all within walking distance. Seller is also selling 107 E Ridley Ave and would prefer to sell as a package but will sell separately.
Last Agent to Sell the Property
(215) 850-9930 rquinn@spaceandcompany.com Space & Company License #RS278182 Listed on: 08/12/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,128
Year Built
- Built in 1890
Lot Details
- 8,930 Sq Ft Lot
- Lot Dimensions are 85.00 x 120.00
Home Design
- Quadruplex
- Victorian Architecture
- Frame Construction
- Masonry
Interior Spaces
- 3,102 Sq Ft Home
- Basement Fills Entire Space Under The House
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Private Parking
- Gravel Driveway
- Shared Driveway
- Unpaved Parking
- Parking Lot
- Surface Parking
Schools
- Lakeview Elementary School
- Ridley Middle School
- Ridley High School
Utilities
- Central Air
- Hot Water Heating System
- Electric Water Heater
Listing and Financial Details
- The owner pays for electricity, water, real estate taxes, repairs, snow removal, management, insurance, lawn/shrub care
- Tax Lot 260-000
- Assessor Parcel Number 37-00-02247-00
Community Details
Overview
- No Home Owners Association
- Ridley Park Subdivision
Building Details
- Income includes apartment rentals, laundry
- Insurance Expense $1,533
- Maintenance Expense $4,102
- Other Expense $1,950
- Operating Expense $16,439
- Gross Income $54,000
- Net Operating Income $36,437
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 12, 2020
Closed on
Oct 28, 2020
Sold by
Columbia Court Properties Llc
Bought by
Rowan Christopher R and Rowan Laura
Seller's Agent
Ryan Quinn
Space & Company
Buyer's Agent
Heidi Foggo
Compass RE
List Price
$575,000
Sold Price
$580,000
Premium/Discount to List
$5,000
0.87%
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
$77,897
Avg. Annual Appreciation
2.55%
Original Mortgage
$427,500
Outstanding Balance
$380,414
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$277,483
Purchase Details
Listed on
Jun 4, 2014
Closed on
Dec 4, 2014
Sold by
Roth Joan J
Bought by
Columbia Court Properties Llc
Seller's Agent
Nancy Nowrey-Gerstenkorn
Premier Property Sales & Rentals
Buyer's Agent
Rita Caplan
BHHS Fox & Roach-Haverford
List Price
$284,900
Sold Price
$189,000
Premium/Discount to List
-$95,900
-33.66%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.89%
Purchase Details
Closed on
May 10, 2002
Sold by
Davison Carol A and Hiller Sue D
Bought by
Roth Joan J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rowan Christopher R | $580,000 | None Available | |
| Columbia Court Properties Llc | $189,000 | None Available | |
| Roth Joan J | $125,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rowan Christopher R | $427,500 | |
| Previous Owner | Roth Joan J | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/30/2020 10/30/20 | Sold | $580,000 | +0.9% | $187 / Sq Ft | |
| 09/14/2020 09/14/20 | Pending | -- | -- | -- | |
| 08/12/2020 08/12/20 | For Sale | $575,000 | +204.2% | $185 / Sq Ft | |
| 12/04/2014 12/04/14 | Sold | $189,000 | -33.7% | $61 / Sq Ft | View Prior Sale |
| 10/16/2014 10/16/14 | Pending | -- | -- | -- | |
| 06/04/2014 06/04/14 | For Sale | $284,900 | -- | $92 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $11,336 | $326,470 | $70,740 | $255,730 |
| 2024 | $11,336 | $326,470 | $70,740 | $255,730 |
| 2023 | $10,838 | $326,470 | $70,740 | $255,730 |
| 2022 | $10,425 | $326,470 | $70,740 | $255,730 |
| 2021 | $16,072 | $326,470 | $70,740 | $255,730 |
| 2020 | $7,128 | $126,610 | $43,480 | $83,130 |
| 2019 | $6,993 | $126,610 | $43,480 | $83,130 |
| 2018 | $6,791 | $126,610 | $0 | $0 |
| 2017 | $6,791 | $126,610 | $0 | $0 |
| 2016 | $695 | $126,610 | $0 | $0 |
| 2015 | $695 | $126,610 | $0 | $0 |
| 2014 | $695 | $126,610 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Quinn
-
Heidi Foggo
Buyer's Agent in 2020
Heidi Foggo
Compass RE
(610) 608-7459
1 in this area
171 Total Sales
-
Nancy Nowrey-Gerstenkorn
Seller's Agent in 2014
Nancy Nowrey-Gerstenkorn
Premier Property Sales & Rentals
(610) 405-5120
14 Total Sales
-
Rita Caplan
Buyer's Agent in 2014
Rita Caplan
BHHS Fox & Roach
(610) 659-6496
6 Total Sales
Map
Source: Bright MLS
MLS Number: PADE524562
APN: 37-00-02247-00
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