NOT LISTED FOR SALE

340 Vassar Ave Swarthmore, PA 19081

Estimated Value: $611,477 - $952,000

-- Bed
3 Baths
2,240 Sq Ft
$339/Sq Ft Est. Value

Last Sold January 31, 2018

Last sale price $365,000 $163 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $5,264/month

72 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • En-Suite Primary Bedroom
  • Swarthmore-Rutledge School Rated A
  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System

About This Home

As of January 2018

Looking for the perfect investment in Swarthmore Boro? This Multi-family home has 3 Units. The first floor Unit has hardwood floors throughout, and includes 2 Bedrooms and a full bath, a family room with brick fireplace, and a lovely eat-in kitchen with direct access to a deck overlooking the backyard; perfect for outdoor living, dining, and entertaining. The second-floor Unit also has hardwoods throughout, with 2 bedrooms, a full bathroom, living and dining rooms, and a great covered porch overlooking the back yard. The third floor Unit also features hardwoods, 1 bedroom and 1 full bath, and has a great open floorplan joining the living and dining and kitchen areas, and includes a great rooftop deck overlooking the backyard. This property has a washer/dryer located in the basement. Electric and gas meters are separated. Driveway and street parking is available. Don't miss this great opportunity. Be sure to Schedule a Showing Today!

Last Agent to Sell the Property

Michael McKee

Long & Foster Real Estate, Inc. License #RS-0022204 Listed on: 09/28/2017

Long & Foster Real Estate, Inc.

Co-Listed By

Elizabeth McKee

Long & Foster Real Estate, Inc. License #RS144210A

Last Buyer's Agent

Jeff Dowd

Zommick McMahon Commercial Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 63x201
  • Property is in good condition

Home Design

  • Triplex
  • Stone Foundation
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,240 Sq Ft Home
  • Replacement Windows

Flooring

  • Wood
  • Stone
  • Tile or Brick
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Private Parking
  • Driveway

Schools

  • Swarthmore-Rutledge Elementary School
  • Strath Haven Middle School
  • Strath Haven High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Heating System Uses Gas
  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 502-000
  • Assessor Parcel Number 43-00-01260-00

Community Details

Building Details

  • Electric Expense $372
  • Insurance Expense $3,200
  • Other Expense $180
  • Operating Expense $16,816

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: Washer / Dryer / Window Ac Units
  • New Construction: No
  • Other Expense: 180.00
  • Storage: Basement
  • Year Built: 1920
  • Remarks Public: Looking for the perfect investment in Swarthmore Boro? This Multi-family home has 3 Units. The first floor Unit has hardwood floors throughout, and includes 2 Bedrooms and a full bath, a family room with brick fireplace, and a lovely eat-in kitchen with direct access to a deck overlooking the backyard; perfect for outdoor living, dining, and entertaining. The second-floor Unit also has hardwoods throughout, with 2 bedrooms, a full bathroom, living and dining rooms, and a great covered porch overlooking the back yard. The third floor Unit also features hardwoods, 1 bedroom and 1 full bath, and has a great open floorplan joining the living and dining and kitchen areas, and includes a great rooftop deck overlooking the backyard. This property has a washer/dryer located in the basement. Electric and gas meters are separated. Driveway and street parking is available. Don't miss this great opportunity. Be sure to Schedule a Showing Today!
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Vinyl, Tile/Brick, Stone
  • Window Features: Replacement
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Common
  • Total Sq Ft: 2240
  • Living Area Sq Ft: 2240
  • Price Per Sq Ft: 169.64
  • Above Grade Finished Sq Ft: 2240
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 340

Exterior Features

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

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Private
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway

Utilities

  • Annual Heating Expense: 1680.00
  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Expense: 372.00
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 660.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: WALLINGFORD-SWARTHMORE
  • Elementary School: SWARTHMORE-RUTLEDGE SCHOOL
  • Middle School: STRATH HAVEN
  • High School: STRATH HAVEN
  • School District Key: 300200396626
  • Elementary School: SWARTHMORE-RUTLEDGE SCHOOL
  • High School: STRATH HAVEN
  • Middle Or Junior School: STRATH HAVEN

Lot Info

  • Land Use Code: R-30
  • Lot Size Acres: 0.29
  • Lot Dimensions: 63X201
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12807.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: R-30

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 566154
  • Tax Annual Amount: 10724.00
  • Assessor Parcel Number: 43-00-01260-00
  • Tax Lot: 502-000
  • Tax Year: 2017
  • Close Date: 01/31/2018

MLS Schools

  • School District Name: WALLINGFORD-SWARTHMORE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2017
Closed on
Jan 31, 2018
Sold by
Schumacher David R and Schumacher Mjchele R
Bought by
Yu Jin H and Yu Nam Shik
Seller's Agent
Michael McKee
Long & Foster Real Estate, Inc.
Buyer's Agent
Jeff Dowd
Zommick McMahon Commercial Real Estate
List Price
$390,000
Sold Price
$365,000
Premium/Discount to List
-$25,000
-6.41%
Current Estimated Value
$760,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,369
Avg. Annual Appreciation
8.31%
Original Mortgage
$250,000
Outstanding Balance
$148,791
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$519,658

Purchase Details

Closed on
Dec 23, 2015
Sold by
Formica Audrey Beach and Wallace Audrey
Bought by
Schumacher David R and Schumacher Michele R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2005
Sold by
Donnelly Francis J and Donnelly Catherine A
Bought by
Formica Audrey Beach

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 29, 1998
Sold by
Desantis Anthony and Desantis Anita J
Bought by
Donnelly Francis J and Donnelly Catherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
6.92%
Source: Public Records

Range of Values:

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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
Yu Jin H $365,000 The Abstract Company
Schumacher David R $330,000 Title Services
Formica Audrey Beach $355,000 Security Search & Abstract C
Donnelly Francis J $192,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu Jin H $250,000
Previous Owner Schumacher David R $242,000
Previous Owner Formica Audrey Beach $54,250
Previous Owner Formica Audrey Beach $284,000
Previous Owner Donnelly Francis J $109,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2018 01/31/18 Sold $365,000 -3.9% $163 / Sq Ft
12/09/2017 12/09/17 Pending -- -- --
11/11/2017 11/11/17 Price Changed $380,000 -2.6% $170 / Sq Ft
09/28/2017 09/28/17 For Sale $390,000 0.0% $174 / Sq Ft
01/01/2017 01/01/17 Rented $1,350 0.0% --
12/02/2016 12/02/16 Under Contract -- -- --
11/18/2016 11/18/16 For Rent $1,350 -- --
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 $13,451 $373,260 $118,510 $254,750
2024 $13,451 $373,260 $118,510 $254,750
2023 $12,930 $373,260 $118,510 $254,750
2022 $12,587 $373,260 $118,510 $254,750
2021 $20,502 $373,260 $118,510 $254,750
2020 $11,185 $191,710 $85,110 $106,600
2019 $10,903 $191,710 $85,110 $106,600
2018 $10,723 $191,710 $0 $0
2017 $10,482 $191,710 $0 $0
2016 $1,074 $191,710 $0 $0
2015 $1,074 $191,710 $0 $0
2014 $1,052 $191,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001196279

Bright MLS

APN: 43-00-01260-00