NOT LISTED FOR SALE

320 Locust Ave Ardmore, PA 19003

Estimated Value: $416,547 - $641,000

-- Bed
2 Baths
1,500 Sq Ft
$328/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $420,000 $280 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,901/month

Highlights

  • Colonial Architecture
  • Deck
  • Porch
  • Penn Wynne Elementary School Rated A+
  • No HOA
  • 4-minute walk to Vernon Young Memorial Park

About This Home

As of October 2020

New Price! Welcome to 320 Locust Ave. This appealing Victorian style Duplex offers 2 nicely maintained units in the heart of the Lower Merion Township. Unit 1 has 1 bedroom and 1 bathroom and is tenant occupied with a lease that runs until September of 2020. Unit 1 is on the ground floor and includes a spacious kitchen, an abundance of natural light, lots of living space, a large bedroom, and a full bathroom. Unit 1 also offers a quaint and cozy outdoor living area that is ready for all of your gatherings, cookouts, or a quiet cup of coffee in the morning. Unit 2 has 2 bedrooms and 1 bathroom and is tenant occupied with a lease in place until March of 2021. Unit 2 is bi-level and features an open, eat-in kitchen that leads directly to an over-sized deck with beautiful views, 2 generously-sized bedrooms, a full bathroom, and the upper level is being used as a living room and offers additional storage. Unit 2's front porch is covered and has plenty of space to sit and enjoy some fresh air. Parking is plentiful in the rear of the home with more than enough room for 4 cars. This property offers a large, shared basement with laundry. This is an excellent location! Walking distance to the train station, the very popular Tired Hands Brewery & Restaurant, and other restaurants, shopping, and major roadways. This is a great investment opportunity, so set your appointment today! Below Market Rent: Unit 1 (1st Floor) $950/month, leased through September 2020 | Unit 2 (2nd Floor) $1045/month, leased through March 2021. 2019 Landlord Bills: Water $932 | Electric $395.

Last Agent to Sell the Property

Michael Sroka

(610) 520-6543 info@homeexpertsforyou.com EXP Realty, LLC License #0567158 Listed on: 04/16/2020

EXP Realty, LLC

Co-Listed By

Matthew Donnelly

(215) 284-5725 matt@homeexpertsforyou.com EXP Realty, LLC

Last Buyer's Agent

Kerry Carr

(267) 496-8216 kerry.carr@compass.com Compass RE License #RS337422

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,191

Year Built

  • Built in 1900

Lot Details

  • 7,040 Sq Ft Lot
  • Lot Dimensions are 40.00 x 0.00
  • Level Lot
  • Back and Front Yard

Home Design

  • Duplex
  • Colonial Architecture
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Bathtub with Shower
  • 1,500 Sq Ft Home
  • Combination Dining and Living Room
  • Carpet
  • Basement Fills Entire Space Under The House
  • Electric Oven or Range

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • On-Street Parking

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Ardmore Crossing Subdivision

Listing and Financial Details

  • Tax Lot 151
  • Assessor Parcel Number 40-00-33428-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,191

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenant's belongings
  • New Construction: No
  • Expected On Market: 2020-04-21
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Oven/Range - Electric
  • Flooring Type: Carpet
  • Interior Amenities: Carpet, Combination Dining/Living, Tub Shower
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 283.33
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 320

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks, Exterior Lighting
  • Roof: Shingle, Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: LOWER MERION
  • School District Key: 300200396851
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 1132
  • Lot Features: Level, Front Yard, Rear Yard
  • Lot Size Acres: 0.16
  • Lot Dimensions: 40.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7040.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Year Assessed: 2020
  • Zoning: R6A

Rental Info

  • Ground Rent Exists: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 2553.00
  • Tax Annual Amount: 3191.00
  • Assessor Parcel Number: 40-00-33428-003
  • Tax Lot: 151
  • Tax Total Finished Sq Ft: 1500
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 10/05/2020

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2020
Closed on
Sep 24, 2020
Sold by
Kress Irwin E and Kress Nancy A
Bought by
Seckinger Beverly Ann and Taunton Susan Myrhl
Seller's Agent
Michael Sroka
EXP Realty, LLC
Buyer's Agent
Kerry Carr
Compass RE
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%
Current Estimated Value
$492,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,387
Avg. Annual Appreciation
3.27%
Original Mortgage
$315,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2001
Sold by
Jorgensen David C and Oconnor Donna Sulpy
Bought by
Kress Irwin Edward and Kress Nancy A

Purchase Details

Closed on
Aug 9, 1994
Sold by
Jorgensen David C and Jorgensen Donna G
Bought by
Jorgensen David C and Jorgensen Donna G
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
Seckinger Beverly Ann $420,000 None Available
Kress Irwin Edward $152,500 --
Jorgensen David C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seckinger Beverly Ann $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2020 10/05/20 Sold $420,000 -1.2% $280 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
06/29/2020 06/29/20 Price Changed $425,000 -5.6% $283 / Sq Ft
05/21/2020 05/21/20 For Sale $450,000 +7.1% $300 / Sq Ft
04/16/2020 04/16/20 Off Market $420,000 -- --
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 $3,489 $83,520 $26,380 $57,140
2024 $3,489 $83,520 $26,380 $57,140
2023 $3,343 $83,520 $26,380 $57,140
2022 $3,281 $83,520 $26,380 $57,140
2021 $3,206 $83,520 $26,380 $57,140
2020 $3,128 $83,520 $26,380 $57,140
2019 $3,072 $83,520 $26,380 $57,140
2018 $3,073 $83,520 $26,380 $57,140
2017 $2,960 $83,520 $26,380 $57,140
2016 $2,927 $83,520 $26,380 $57,140
2015 $2,729 $83,520 $26,380 $57,140
2014 $2,729 $83,520 $26,380 $57,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC645792

Bright MLS

APN: 40-00-33428-003