NOT LISTED FOR SALE

361 Cheswold Rd Drexel Hill, PA 19026

Estimated Value: $270,500 - $339,000

-- Bed
2 Baths
1,600 Sq Ft
$192/Sq Ft Est. Value

Last Sold January 22, 2020

Last sale price $203,000 $127 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,135/month

54 Days on Market

Highlights

  • Traditional Architecture
  • 1-minute walk to Drexel Manor
  • Forced Air Heating System
  • No HOA

About This Home

As of January 2020

Great investment or Owner occupant opportunity of a Brick Duplex Building in Drexel Hill. Two large 2 Bedroom apartment units. First floor unit has front porch, 2 good sized bedrooms, 1 full bath, kitchen/living space with carpet from living room into bedrooms. Second floor unit features extra kitchen cabinets, with laminate flooring throughout and a deck at the side door. There is a large basement with laundry hookup for each unit and separate locked storage areas. You also have off street parking in the back of the property with a private garage for each unit. Both units are currently rented and the occupants would love to stay so an investor can just continue collecting the rental income. Steps from the Garrettford Elementary School. Just a few minute walk to the trolley line very convenient location!

Last Agent to Sell the Property

Lori Opdenaker

(484) 256-0152 lorisells4u@comcast.net RE/MAX Town & Country License #RS-0024613 Listed on: 10/02/2019

RE/MAX Town & Country

Co-Listed By

Karen Dougherty

(610) 506-2119 karen@kdoughertyhomes.com RE/MAX Main Line-West Chester

Last Buyer's Agent

Sheena Renwick

(484) 688-3304 sheena.renwick@yahoo.com Springer Realty Group

Springer Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 3,746 Sq Ft Lot
  • Lot Dimensions are 40.00 x 90.00

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,600 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 832-000
  • Assessor Parcel Number 16-13-01355-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Washer/ dryer for 2nd floor unit.
  • Inclusions: Refrigerators, washer/dryer for lower unit, 2 wall unit a/c
  • New Construction: No
  • Expected On Market: 2019-10-02
  • Year Built: 1950
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 131.25
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, On Street

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 66400.00
  • Land Assessed Value: 30880.00
  • Lot Size Acres: 0.09
  • Lot Dimensions: 40.00 x 90.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3746.00
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Rent Control: No
  • Total Actual Rent: 20400.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 462001
  • School Tax: 3682.00
  • Tax Annual Amount: 6251.00
  • Assessor Parcel Number: 16-13-01355-00
  • Tax Lot: 832-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: UPPER DARBY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2019
Closed on
Jan 22, 2020
Sold by
Honan Mark J and Honan Katie F
Bought by
Woods Rahsaan
Seller's Agent
Lori Opdenaker
RE/MAX Town & Country
Buyer's Agent
Sheena Renwick
Springer Realty Group
List Price
$215,000
Sold Price
$203,000
Premium/Discount to List
-$12,000
-5.58%
Current Estimated Value
$306,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,875
Avg. Annual Appreciation
7.31%
Original Mortgage
$207,669
Outstanding Balance
$183,837
Interest Rate
3.7%
Mortgage Type
VA
Estimated Equity
$123,038

Purchase Details

Listed on
May 15, 2013
Closed on
Oct 31, 2013
Sold by
Heinly George E
Bought by
Honan Mark J and Honan Katie F
Seller's Agent
Brian Kane
RE/MAX Preferred - Newtown Square
Buyer's Agent
Peter McGuinn
RE/MAX Main Line-West Chester
List Price
$169,900
Sold Price
$164,900
Premium/Discount to List
-$5,000
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.39%
Original Mortgage
$161,884
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 26, 2002
Sold by
Laverty Kenneth J and Laverty Joan
Bought by
Heinly George E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,410
Interest Rate
7.13%
Mortgage Type
Balloon
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 Buyer Sale Price Title Company
Woods Rahsaan $203,000 H&H Settlement Services Llc
Honan Mark J $164,900 None Available
Heinly George E $124,900 T A Title Insurance Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woods Rahsaan $207,669
Previous Owner Honan Mark J $161,884
Previous Owner Heinly George E $112,410
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/22/2020 01/22/20 Sold $203,000 -3.3% $127 / Sq Ft
11/26/2019 11/26/19 Pending -- -- --
11/15/2019 11/15/19 Price Changed $210,000 -2.3% $131 / Sq Ft
10/02/2019 10/02/19 For Sale $215,000 0.0% $134 / Sq Ft
11/01/2018 11/01/18 Rented $950 0.0% --
10/22/2018 10/22/18 Under Contract -- -- --
09/21/2018 09/21/18 For Rent $950 0.0% --
10/31/2013 10/31/13 Sold $164,900 -2.9% $103 / Sq Ft View Prior Sale
09/08/2013 09/08/13 Pending -- -- --
05/15/2013 05/15/13 For Sale $169,900 -- $106 / 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 $6,317 $149,370 $30,880 $118,490
2024 $6,317 $149,370 $30,880 $118,490
2023 $6,258 $149,370 $30,880 $118,490
2022 $6,089 $149,370 $30,880 $118,490
2021 $8,211 $149,370 $30,880 $118,490
2020 $6,293 $97,280 $30,880 $66,400
2019 $6,182 $97,280 $30,880 $66,400
2018 $6,111 $97,280 $0 $0
2017 $5,952 $97,280 $0 $0
2016 $534 $97,280 $0 $0
2015 $534 $97,280 $0 $0
2014 $534 $97,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE501512

Bright MLS

APN: 16-13-01355-00