NOT LISTED FOR SALE

334 E King St Malvern, PA 19355

Estimated Value: $555,000 - $618,227

Studio
2 Baths
1,836 Sq Ft
$321/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $525,000 $286 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,352/month

5 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • Property is in very good condition
  • General Wayne Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of December 2022

Rare opportunity to procure a two-unit investment property in the heart of Malvern Borough - Town Center Commercial District. Property is in very good overall condition. First floor updated with fully modern kitchen and bath, two bedrooms, living from, enclosed and heated front porch, heated rear porch with eat in area and new washer-dryer units. Second floor features updated kitchen, two bedrooms, large living room. Updated windows and blown in wall and attic insulation throughout. Rare off-street parking in the center of Malvern for three vehicles plus two car garage. Rear grass yard area suitable for grilling, picnic area or pets. Electric and heat is separated between units. Easy walk to the Malvern train station for stress free commuting to the city. Live in one and lease the other.
Please make sure to view the virtual tour for an in-depth view of the property.

Last Agent to Sell the Property

David Kahn

david@kahnrealestate.com Signature Group Real Estate Services Inc License #RM063521 Listed on: 10/25/2022

Last Buyer's Agent

Jody Vandegrift

(484) 354-2474 jodyvandegrift@gmail.com BHHS Fox & Roach Malvern-Paoli License #RS324958

BHHS Fox & Roach Malvern-Paoli

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,345

Year Built

  • Built in 1900

Lot Details

  • 5,920 Sq Ft Lot
  • Property is in very good condition

Parking

  • 2 Car Detached Garage
  • 3 Off-Street Spaces
  • Front Facing Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Stone Foundation
  • Stucco

Interior Spaces

  • 1,836 Sq Ft Home
  • Partial Basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 0295
  • Assessor Parcel Number 02-04 -0295

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,345

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Washer & Dryer, Refrigerators, Window AC units and Dehumidifier (in basement) in "as is" Condition
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1836
  • Living Area Sq Ft: 1836
  • Price Per Sq Ft: 285.95
  • Above Grade Finished Sq Ft: 1836
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Detached Garage, Off Street
  • Off Street Parking Spaces: 3

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 72650.00
  • Land Assessed Value: 33280.00
  • Lot Size Acres: 0.14
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5920.00
  • Property Condition: Very Good
  • Zoning: C-3 OVERLAY
  • Zoning Description: Town Center Commercial District

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 224925
  • School Tax: 2369.00
  • Tax Annual Amount: 3345.00
  • Assessor Parcel Number: 02-04 -0295
  • Tax Lot: 0295
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: GREAT VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Dec 6, 2022
Sold by
Shute Mary L
Bought by
Perrin Brothers 332 E 6Th Avenue Llc
Seller's Agent
David Kahn
Signature Group Real Estate Services Inc
Buyer's Agent
Jody Vandegrift
BHHS Fox & Roach Malvern-Paoli
List Price
$525,000
Sold Price
$525,000
Views
10
Current Estimated Value
$589,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,742
Avg. Annual Appreciation
3.77%
Original Mortgage
$393,750
Outstanding Balance
$383,565
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$206,177

Purchase Details

Closed on
May 7, 2013
Sold by
Mary L Shute Revocable Agreement Of Trus
Bought by
Shute James D and Shute Mary L

Purchase Details

Closed on
Jul 22, 1999
Sold by
Shute Mary L
Bought by
Mary L Shute Revocable Agreement Of Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Perrin Brothers 332 E 6Th Avenue Llc $525,000 Trident Land Transfer
Shute James D -- None Available
Mary L Shute Revocable Agreement Of Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perrin Brothers 332 E 6Th Avenue Llc $393,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2022 12/09/22 Sold $525,000 0.0% $286 / Sq Ft
10/30/2022 10/30/22 Pending -- -- --
10/25/2022 10/25/22 For Sale $525,000 -- $286 / 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 $3,483 $105,930 $33,280 $72,650
2024 $3,483 $105,930 $33,280 $72,650
2023 $3,405 $105,930 $33,280 $72,650
2022 $3,345 $105,930 $33,280 $72,650
2021 $3,287 $105,930 $33,280 $72,650
2020 $3,240 $105,930 $33,280 $72,650
2019 $3,213 $105,930 $33,280 $72,650
2018 $3,161 $105,930 $33,280 $72,650
2017 $3,134 $105,930 $33,280 $72,650
2016 $2,417 $105,930 $33,280 $72,650
2015 $2,417 $105,930 $33,280 $72,650
2014 $2,417 $105,930 $33,280 $72,650
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    David Kahn

    Signature Group Real Estate Services Inc

    (610) 296-8400

    1 in this area

    5 Total Sales

    David Kahn
    Section Image
  • Jody Vandegrift

    Buyer's Agent in 2022

    Jody Vandegrift

    BHHS Fox & Roach

    (484) 354-2474

    1 in this area

    52 Total Sales

    Jody Vandegrift
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PACT2034800

Bright MLS

APN: 02-004-0295.0000

Pennsylvania Chester County Malvern 19355

334 E King St, Malvern, PA

Not Listed for Sale

MultiFamily

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