$392,500
SOLD MAR 12, 2025

324 E King St Malvern, PA 19355

Studio
-- Bath
1,741 Sq Ft
2,642 Sq Ft Lot

Recently Sold

$225 Per Sq Ft

17% Below List Price

34 Days on Market

Highlights

  • Traditional Architecture
  • Downtown Location
  • Level Lot
  • General Wayne Elementary School Rated A-
  • Partially Carpeted
  • Hot Water Baseboard Heater

About This Home

As of March 2025

324 E King St is a twin on the south side of King St. The 1st floor is currently vacant, previously a photographer studio. The 2nd and 3rd floor of the property is a 2 bedroom, 1 bath residential apartment. The unit features a living room, eat-in kitchen, and full bathroom on the "main level" of the unit (the 2nd floor of the building) and 2 bedrooms 1 with egress window on the upper level (3rd floor of the building). Great downtown location, walk to shops, restaurants, and of course the train station for the R5 line to Philadelphia.

Last Agent to Sell the Property

William (Bill) McGarrigle

(610) 909-5563 bill@billmcgarrigleteam.com Keller Williams Real Estate -Exton License #AB049972L Listed on: 01/08/2025

Keller Williams Real Estate -Exton

Last Buyer's Agent

Maureen Sexton

(610) 637-7994 maureen.sexton@longandfoster.com Keller Williams Main Line License #RS126314A

Keller Williams Main Line

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,994

Year Built

  • Built in 1900

Lot Details

  • 2,642 Sq Ft Lot
  • Downtown Location
  • Level Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • 1,741 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Stone Foundation
  • Asphalt Roof
  • Stucco

Flooring

  • Partially Carpeted
  • Laminate

Schools

  • General Wayne Elementary School
  • Great Valley Middle School
  • Great Valley High School

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • 1 Vacant Unit

Listing and Financial Details

  • Tax Lot 0293
  • Assessor Parcel Number 02-04 -0293

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,994

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenant's possessions
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Flooring Type: Laminated, Partially Carpeted
  • Foundation Details: Stone
  • Total Sq Ft: 1741
  • Living Area Sq Ft: 1741
  • Price Per Sq Ft: 272.83
  • Above Grade Finished Sq Ft: 1741
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Road Surface Type: Black Top
  • Roof: Asphalt, Unknown
  • 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
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: GENERAL WAYNE
  • High School: GREAT VALLEY
  • Middle Or Junior School: GREAT VALLEY

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2642.00
  • Property Condition: Good
  • Zoning: C

Rental Info

  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • School Tax: 2898.00
  • Tax Annual Amount: 3994.00
  • Assessor Parcel Number: 02-04 -0293
  • Tax Lot: 0293
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: GREAT VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2010
Sold by
Green Sidwell A and Green Jeanne A
Bought by
Renehan Realty Llc
Current Estimated Value
$398,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$77,828
Interest Rate
4.79%
Mortgage Type
Commercial
Estimated Equity
$320,417
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $120,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $120,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2025 03/12/25 Sold $392,500 -17.4% $225 / Sq Ft
02/11/2025 02/11/25 Pending -- -- --
01/08/2025 01/08/25 For Sale $475,000 -- $273 / 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 $3,910 $118,900 $42,210 $76,690
2024 $3,910 $118,900 $42,210 $76,690
2023 $3,822 $118,900 $42,210 $76,690
2022 $3,755 $118,900 $42,210 $76,690
2021 $3,690 $118,900 $42,210 $76,690
2020 $3,637 $118,900 $42,210 $76,690
2019 $3,607 $118,900 $42,210 $76,690
2018 $3,548 $118,900 $42,210 $76,690
2017 $3,518 $118,900 $42,210 $76,690
2016 $2,639 $118,900 $42,210 $76,690
2015 $2,639 $118,900 $42,210 $76,690
2014 $2,639 $118,900 $42,210 $76,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2089350

Bright MLS

APN: 02-004-0293.0000