NOT LISTED FOR SALE

3707 Garrett Rd Drexel Hill, PA 19026

Estimated Value: $256,606

-- Bed
-- Bath
4,500 Sq Ft
$57/Sq Ft Est. Value

Last Sold April 24, 2018

Last sale price $150,000 $33 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,995/month

Highlights

  • Wood Flooring
  • 1-minute walk to Garrettford
  • Forced Air Heating and Cooling System
  • No HOA
  • En-Suite Primary Bedroom
  • Replacement Windows

About This Home

As of April 2018

The Prestige Group is proud to present this Fully Occupied Mixed Use Property on the highly visible Garrett Rd in Drexel Hill. Conveniently located this property offers retail space on the ground level, currently leased by a Dog Spa for over 7 years, includes 2 bathrooms, and its own gas heater & central air. A 1 BR loft apt includes its own gas heater & central air, and a 3BR (w/Office, Den or 4th BR) 2 Bath bi-level apt, with wood floors, laundry in the unit, and its own gas heater & central air. Retail space and apartments all have separate private entrances. Tenants pay own Gas Heating/Cooking and Electric Utilities. Parking for 9 cars in a private lot. Exterior patio for tenants to lounge outside. Very well maintained Stone & Stucco exterior. Full basement for mechanicals and storage. Full building fire alarm system. Water Heaters are less than 5 years old. A/C units less than 5 years old. Flat roof is 2 years old. Main roof and siding are 10 years old. This property is turn-key with little deferred maintenance.

Last Agent to Sell the Property

Clinton McCartney

(484) 468-1366 cmccartney@kwcommercial.com KW Commercial Listed on: 07/20/2017

KW Commercial

Last Buyer's Agent

Clinton McCartney

(484) 468-1366 cmccartney@kwcommercial.com KW Commercial Listed on: 07/20/2017

KW Commercial

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 5,750 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Property is in good condition

Home Design

  • Triplex
  • Stone Siding
  • Vinyl Siding
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 4,500 Sq Ft Home
  • Replacement Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Private Parking
  • Parking Lot

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 402-000
  • Assessor Parcel Number 16-12-00378-00

Community Details

Overview

  • No Home Owners Association
  • Drexel Hill Subdivision

Building Details

  • Insurance Expense $3,900
  • Operating Expense $18,308

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1967
  • Remarks Public: The Prestige Group is proud to present this Fully Occupied Mixed Use Property on the highly visible Garrett Rd in Drexel Hill. Conveniently located this property offers retail space on the ground level, currently leased by a Dog Spa for over 7 years, includes 2 bathrooms, and its own gas heater & central air. A 1 BR loft apt includes its own gas heater & central air, and a 3BR (w/Office, Den or 4th BR) 2 Bath bi-level apt, with wood floors, laundry in the unit, and its own gas heater & central air. Retail space and apartments all have separate private entrances. Tenants pay own Gas Heating/Cooking and Electric Utilities. Parking for 9 cars in a private lot. Exterior patio for tenants to lounge outside. Very well maintained Stone & Stucco exterior. Full basement for mechanicals and storage. Full building fire alarm system. Water Heaters are less than 5 years old. A/C units less than 5 years old. Flat roof is 2 years old. Main roof and siding are 10 years old. This property is turn-key with little deferred maintenance.
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl, Tile/Brick
  • Interior Amenities: Store/Office
  • Window Features: Replacement
  • Fireplace: No
  • Entry Location: Private
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 4500
  • Living Area Sq Ft: 4500
  • Price Per Sq Ft: 45.76
  • Above Grade Finished Sq Ft: 4500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3707

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Stucco, Stone
  • 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: 8
  • Parking Features: Private
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 3660.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: UPPER DARBY
  • School District Key: 300200397363

Lot Info

  • Land Use Code: C-30
  • Lot Size Acres: 0.13
  • Lot Dimensions: 50X120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5750.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: C-30

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 34140.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 460034
  • Tax Annual Amount: 10848.00
  • Assessor Parcel Number: 16-12-00378-00
  • Tax Lot: 402-000
  • Tax Year: 2018
  • Close Date: 04/24/2018

MLS Schools

  • School District Name: UPPER DARBY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2017
Closed on
Apr 16, 2018
Sold by
Marchesani Louis P and Marchesani Kerry
Bought by
3707 Garrett Road Llc
Seller's Agent
Clinton McCartney
KW Commercial
Buyer's Agent
Clinton McCartney
KW Commercial
List Price
$215,000
Sold Price
$150,000
Premium/Discount to List
-$65,000
-30.23%
Current Estimated Value
$256,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,606
Avg. Annual Appreciation
7.44%

Purchase Details

Closed on
Jan 7, 2003
Sold by
Massaro Peter J
Bought by
Marchesani Louis P and Marchesani Kerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
6.18%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
3707 Garrett Road Llc $135,000 None Available
Marchesani Louis P $175,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marchesani Louis P $131,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2018 04/24/18 Sold $150,000 -27.1% $33 / Sq Ft
02/26/2018 02/26/18 Pending -- -- --
12/06/2017 12/06/17 Price Changed $205,900 -4.2% $46 / Sq Ft
07/20/2017 07/20/17 For Sale $215,000 -- $48 / 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 $7,612 $131,040 $68,040 $63,000
2024 $7,612 $180,000 $68,180 $111,820
2023 $7,541 $180,000 $68,180 $111,820
2022 $7,338 $180,000 $68,180 $111,820
2021 $9,894 $180,000 $68,180 $111,820
2020 $5,074 $78,435 $75,750 $2,685
2019 $4,985 $78,435 $75,750 $2,685
2018 $10,848 $172,680 $0 $0
2017 $10,566 $172,680 $0 $0
2016 $948 $172,680 $0 $0
2015 $948 $172,680 $0 $0
2014 $948 $172,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Clinton McCartney

    Seller's Agent in 2018

    Clinton McCartney

    KW Commercial

    (484) 468-1366

    14 Total Sales

    Clinton McCartney
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Map

Source: Bright MLS

MLS Number: 1000380531

Bright MLS

APN: 16-12-00378-00

Pennsylvania Delaware County Drexel Hill 19026

3707 Garrett Rd, Drexel Hill, PA

This home is located at 3707 Garrett Rd, Drexel Hill, PA 19026 since 20 July 2017 and is currently estimated at $256,606, approximately $57 per square foot. This property was built in 1967. 3707 Garrett Rd is a home located in Delaware County with nearby schools including Garrettford El School, Upper Darby Kdg Center, and Drexel Hill Middle School.

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