NOT LISTED FOR SALE

38 Ruthland Ave Malvern, PA 19355

Malvern Area
Studio
4 Baths
2,672 Sq Ft
7,425 Sq Ft Lot

Sale Details

Date 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

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

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
Oct 14, 2022
Closed on
Nov 8, 2022
Sold by
Bought by
Seller's Agent
Megan Van Arkel
Compass RE
Buyer's Agent
Phillip Milazzo
Redfin Corporation
List Price
$549,000
Sold Price
$515,000
Premium/Discount to List
-$34,000
-6.19%
Views
35

Purchase Details

Closed on
Aug 13, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$515,000 --
-- T A Title Insurance Company
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
Previous Owner $237,000
Previous Owner $247,000
Previous Owner $220,000
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
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

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 $580 $165,460 $38,530 $126,930
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

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Map

Source: Bright MLS

MLS Number: PACT2031112

Bright MLS

APN: 0204 03010000

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