NOT LISTED FOR SALE

Estimated Value: $498,000 - $565,561

Studio
4 Baths
2,340 Sq Ft
$225/Sq Ft Est. Value

Sale Details

Date Sold: January 12, 2024

Last sale price $495,000 $212 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,262 / mo

52 Days on Market

Highlights

  • Colonial Architecture
  • Property is in very good condition
  • Hot Water Baseboard Heater
  • Upper Merion Middle School Rated A

About This Home

As of January 2024

Wonderful investment Opportunity in the up-and-coming town that is busting at the seams!! The compact building has four upgraded units, fully occupied with very reliable long-term tenants. Truly turn-key investment. Three units have been re-done with floorings, baths and kitchens, Buyer responsible for Certificate of Occupancy and any repairs needed for same. Already has the new curbs and sidewalks etc. Selling "as is" New heater cert is attached. Annual rental inspection is up to date.

Last Agent to Sell the Property

Mary Giovanni

(610) 687-5280 info@waynerealtypa.com Wayne Realty Corporation License #RM422141 Listed on: 09/11/2023

Last Buyer's Agent

James Romano

(215) 646-2900 jromano@kw.com Keller Williams Real Estate-Blue Bell License #AB069112

Keller Williams Real Estate-Blue Bell

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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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,022

Year Built

  • Built in 1930

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 17.00 x 0.00
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • 2,340 Sq Ft Home
  • Quadruplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Poured Concrete

Utilities

  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Oil Water Heater
  • Municipal Trash

Additional Features

  • Basement

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 02-00-05152-003

Community Details

Overview

  • 4 Units
  • 2-Story Building

Building Details

  • Income includes apartment rentals
  • Trash Expense $107
  • Operating Expense $652
  • Net Operating Income $39,396

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,022

Year Built

Built in 1930

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Expected On Market: 2023-09-11
  • Year Built: 1930
  • Building Winterized: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Poured Concrete
  • Total Sq Ft: 2340
  • Living Area Sq Ft: 2340
  • Price Per Sq Ft: 235.04
  • Above Grade Finished Sq Ft: 2340
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: No
  • 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
  • Previous Twelve Months Electric Expense: 456.00
  • Heating Fuel: Oil
  • Heating Oil Avg Month: 350.00
  • Heating Oil Prev12 Months: 4200.00
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Previous Twelve Months: 1200.00
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 17.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2000.00
  • Property Condition: Very Good
  • Zoning: 1136 RESI QUADRAPLEX

Rental Info

  • Existing Lease Type: Long Term
  • Rent Control: No
  • Total Actual Rent: 47220.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • School Tax: 2277.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 4022.00
  • Assessor Parcel Number: 02-00-05152-003
  • Tax Lot: 21
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

Multi Family

  • Gross Income: 47220.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 652.00

MLS Schools

  • School District Name: UPPER MERION AREA

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2023
Closed on
Nov 29, 2023
Sold by
Daleroy Limited Partnership
Bought by
Seller's Agent
Mary Giovanni
Wayne Realty Corporation
Buyer's Agent
James Romano
Keller Williams Real Estate-Blue Bell
List Price
$550,000
Sold Price
$495,000
Premium/Discount to List
-$55,000
-10%
Views
202
Current Estimated Value
$527,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,640
Avg. Annual Appreciation
2.44%
Original Mortgage
$370,000
Outstanding Balance
$360,358
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$167,282

Purchase Details

Closed on
Dec 12, 2000
Sold by
Roy John B and Roy Barbara S
Bought by
Daleroy Ltd Partnership
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Bridgeport, PA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$495,000 None Listed On Document
Daleroy Ltd Partnership -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $370,000
Previous Owner Crabtree Jon R $370,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/12/2024 01/12/24 Sold $495,000 -10.0% $212 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
09/11/2023 09/11/23 For Sale $550,000 0.0% $235 / Sq Ft
12/01/2016 12/01/16 Rented $825 0.0% --
11/23/2016 11/23/16 Under Contract -- -- --
09/23/2016 09/23/16 For Rent $825 -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,368 $103,530
2025 $4,080 $103,530 $35,890 $67,640
2024 $4,080 $103,530 $35,890 $67,640
2023 $3,967 $103,530 $35,890 $67,640
2022 $3,862 $103,530 $35,890 $67,640
2021 $3,832 $103,530 $35,890 $67,640
2020 $3,770 $103,530 $35,890 $67,640
2019 $3,724 $103,530 $35,890 $67,640
2018 $3,723 $103,530 $35,890 $67,640
2017 $3,628 $103,530 $35,890 $67,640
2016 $3,587 $103,530 $35,890 $67,640
2015 $3,493 $103,530 $35,890 $67,640
2014 $3,493 $103,530 $35,890 $67,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2083080

Bright MLS

APN: 02-00-05152-003

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