NOT LISTED FOR SALE

38 Ruthland Ave Malvern, PA 19355

Studio
4 Baths
2,672 Sq Ft
7,405 Sq Ft Lot

Last Sold November 17, 2022

Last sale price $515,000 $193 Per Sq Ft

8 Days on Market

Highlights

  • Cooling Available
  • More Than Two Accessible Exits
  • Storage Shed
  • General Wayne Elementary School Rated A-
  • Hot Water Heating System
  • 5-minute walk to Randolph Woods Park

About This Home

As of November 2022

A wonderful investment opportunity in Malvern Boro. Three units, each on their own floor. Two of the units with full laundry and all three units with full kitchen. Hardwood floors/carpet throughout all 3 units; 2nd floor unit currently occupied (moving out in November); Newer roof and pre-inspection available for potential buyers. Storage barn also available in rear of property.
1st floor is 2 BDR/2 Bath, Full kitchen and laundry, living room;
2nd floor is 2 BDR/1 Bath, Full kitchen and laundry, living room;
3rd floor is 1 BDR/1 Bath, Full kitchen and living room;
Conveniently located in Malvern Boro; close to restaurants; regional and local train lines and Philadelphia. Incredible income potential with low maintenance expense;

Last Agent to Sell the Property

Megan Van Arkel

(610) 822-3356 kenenochs@compass.com Compass RE Listed on: 10/14/2022

Compass RE

Last Buyer's Agent

Phillip Milazzo

(484) 962-0034 peter.phinney@redfin.com Redfin Corporation License #RS349347

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,318

Year Built

  • Built in 1900

Lot Details

  • 7,425

Home Design

  • Triplex
  • Converted Dwelling
  • Brick Exterior Construction
  • Stone Foundation
  • Poured Concrete

Interior Spaces

  • 2,672 Sq Ft Home
  • Unfinished Basement
  • Sump Pump

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces
  • On-Street Parking

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Hot Water Heating System
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • More Than Two Accessible Exits
  • Storage Shed
  • 7,425 Sq Ft Lot

Community Details

  • 3 Units
  • 2 Vacant Units

Listing and Financial Details

  • Tax Lot 0301
  • Assessor Parcel Number 02-04 -0301

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,318

Year Built

Built in 1900

Lot Details

7,425 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: washer/dryers in units; refrigerators in units;
  • New Construction: No
  • Expected On Market: 2022-10-14
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Poured Concrete, Sump Pump, Unfinished
  • Total Sq Ft: 2672
  • Living Area Sq Ft: 2672
  • Price Per Sq Ft: 205.46
  • Above Grade Finished Sq Ft: 2672
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Storage Barn/Shed
  • 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
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 126930.00
  • Land Assessed Value: 38530.00
  • Lot Size Acres: 0.17
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7425.00
  • Zoning: R30/RES

Rental Info

  • Ground Rent Exists: No
  • Rent Control: No
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 224931
  • School Tax: 3792.00
  • Tax Annual Amount: 5318.00
  • Assessor Parcel Number: 02-04 -0301
  • Tax Lot: 0301
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Number Of Units Vacant: 2

MLS Schools

  • School District Name: GREAT VALLEY
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2022 11/17/22 Sold $515,000 -6.2% $193 / Sq Ft
10/14/2022 10/14/22 For Sale $549,000 -- $205 / Sq Ft
Source: Bright MLS

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 $5,440 $165,460 $38,530 $126,930
2024 $5,440 $165,460 $38,530 $126,930
2023 $5,318 $165,460 $38,530 $126,930
2022 $5,225 $165,460 $38,530 $126,930
2021 $5,134 $165,460 $38,530 $126,930
2020 $5,061 $165,460 $38,530 $126,930
2019 $5,019 $165,460 $38,530 $126,930
2018 $4,937 $165,460 $38,530 $126,930
2017 $4,896 $165,460 $38,530 $126,930
2016 $3,682 $165,460 $38,530 $126,930
2015 $3,682 $165,460 $38,530 $126,930
2014 $3,682 $165,460 $38,530 $126,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2031112

Bright MLS

APN: 0204 03010000

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