NOT LISTED FOR SALE

340 S Chester Pike Glenolden, PA 19036

Estimated Value: $451,000 - $539,000

-- Bed
4 Baths
3,870 Sq Ft
$128/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $450,000 $116 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,509/month

32 Days on Market

Highlights

  • 0.24 Acre Lot
  • Wood Flooring
  • Parking Storage or Cabinetry
  • Traditional Architecture
  • 4 Car Detached Garage
  • Hot Water Heating System

About This Home

As of June 2022

This 4 unit apartment building with 2-2 bedroom and 2-1 bedroom units with hardwood floors throughout and updated kitchen and baths, ample living area space, each unit has its own electric and hot water heaters.
coined operated laundry available in the basement, each unit has its own garage parking and storage thats included in the monthly rents.

Last Agent to Sell the Property

Robert Reynolds

Capital Commercial Real Estate Group Listed on: 03/22/2022

Last Buyer's Agent

John Knisely

Keller Williams Real Estate - Media License #RS-0025871

Keller Williams Real Estate - Media

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 50.00 x 200.00
  • Property is in good condition

Parking

  • 4 Car Detached Garage
  • 6 Driveway Spaces
  • Parking Storage or Cabinetry

Home Design

  • 3,870 Sq Ft Home
  • Quadruplex
  • Traditional Architecture
  • Stone Foundation
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Flooring

  • Wood
  • Ceramic Tile

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for insurance, snow removal, real estate taxes, trash collection, water
  • Tax Lot 459-000
  • Assessor Parcel Number 21-00-00373-00

Community Details

Overview

  • 4 Units
  • 3-Story Building

Building Details

  • Income includes laundry, apartment rentals
  • Insurance Expense $1,200
  • Operating Expense $19,224
  • Gross Income $47,900
  • Net Operating Income $28,715

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

0

Parking

4

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1935
  • Remarks Public: This 4 unit apartment building with 2-2 bedroom and 2-1 bedroom units with hardwood floors throughout and updated kitchen and baths, ample living area space, each unit has its own electric and hot water heaters. coined operated laundry available in the basement, each unit has its own garage parking and storage thats included in the monthly rents.
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood, Ceramic Tile
  • Foundation Details: Stone
  • Total Sq Ft: 3870
  • Living Area Sq Ft: 3870
  • Price Per Sq Ft: 122.74
  • Above Grade Finished Sq Ft: 3870
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 340

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Monthly Average Electric: 40
  • Previous Twelve Months Electric Expense: 480.00
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Cable Tv
  • Monthly Water Average: 120
  • Water Previous Twelve Months: 1440.00
  • Water Source: Public
  • Internet Services: Cable

Schools

  • School District: INTERBORO
  • School District Key: 300200397355
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 216510.00
  • Land Assessed Value: 54430.00
  • Land Use Code: R-40
  • Lot Size Acres: 0.24
  • Lot Dimensions: 50.00 x 200.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10454.00
  • Property Condition: Good
  • Year Assessed: 2022
  • Zoning: B-1
  • Zoning Description: See attachment

Rental Info

  • Existing Lease Type: Long Term, Month To Month
  • Number Of Units Month To Month: 4
  • Owner Pays: Insurance, Snow Removal, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
  • Total Actual Rent: 47900.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 471185
  • School Tax: 6640.00
  • Tax Annual Amount: 11389.71
  • Assessor Parcel Number: 21-00-00373-00
  • Tax Lot: 459-000
  • Tax Total Finished Sq Ft: 3870
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/10/2022

Multi Family

  • Gross Income: 47900.00
  • Gross Scheduled Income: 47900.00
  • Income Includes: Laundry, Apartment Rentals
  • Operating Expense: 19224.31

MLS Schools

  • School District Name: INTERBORO

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
Jun 9, 2022
Sold by
Hannemann Walter K
Bought by
Ryan Kevin Rieve and Ryan Sambeeta
Seller's Agent
Robert Reynolds
Capital Commercial Real Estate Group
Buyer's Agent
John Knisely
Keller Williams Real Estate - Media
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%
Current Estimated Value
$495,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,322
Avg. Annual Appreciation
3.08%
Original Mortgage
$337,500
Outstanding Balance
$285,434
Interest Rate
4.52%
Mortgage Type
New Conventional
Estimated Equity
$210,660

Purchase Details

Closed on
May 14, 2008
Sold by
340 N Chester Pike Llc
Bought by
Hannemann Waller K and Hannemann Jean Linvill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2006
Sold by
Keeler Richard D
Bought by
340 N Chester Pike Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
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
Ryan Kevin Rieve $450,000 None Listed On Document
Hannemann Waller K $325,500 None Available
340 N Chester Pike Llc $255,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryan Kevin Rieve $337,500
Previous Owner Hannemann Walter K $232,000
Previous Owner Hannemann Waller K $238,500
Previous Owner 340 North Chester Pike Llc $40,000
Previous Owner 340 N Chester Pike Llc $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2022 06/21/22 Off Market $450,000 -- --
06/10/2022 06/10/22 Sold $450,000 -5.3% $116 / Sq Ft
03/22/2022 03/22/22 For Sale $475,000 -- $123 / 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
2024 $9,716 $270,940 $54,430 $216,510
2023 $9,506 $270,940 $54,430 $216,510
2022 $9,349 $270,940 $54,430 $216,510
2021 $13,191 $270,940 $54,430 $216,510
2020 $8,975 $172,480 $38,400 $134,080
2019 $8,876 $172,480 $38,400 $134,080
2018 $8,717 $172,480 $0 $0
2017 $8,524 $172,480 $0 $0
2016 $947 $172,480 $0 $0
2015 $947 $172,480 $0 $0
2014 $947 $172,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Reynolds

    Seller's Agent in 2022

    Robert Reynolds

    Capital Commercial Real Estate Group

    (609) 635-2003

    2 in this area

    14 Total Sales

    Robert Reynolds
    Section Image
  • John Knisely

    Buyer's Agent in 2022

    John Knisely

    Keller Williams Real Estate - Media

    (484) 441-3075

    2 in this area

    128 Total Sales

    John Knisely
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PADE2021386

Bright MLS

APN: 21-00-00373-00

Pennsylvania Delaware County Glenolden 19036

340 S Chester Pike, Glenolden, PA

This home is located at 340 S Chester Pike, Glenolden, PA 19036 since 22 March 2022 and is currently estimated at $495,322, approximately $127 per square foot. This property was built in 1935. 340 S Chester Pike is a home located in Delaware County with nearby schools including Glenolden School, Interboro Senior High School, and Liberty Baptist Academy.

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