NOT LISTED FOR SALE

38 W Spring Ave Ardmore, PA 19003

Estimated Value: $535,738 - $591,000

-- Bed
2 Baths
1,505 Sq Ft
$372/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $535,000 $355 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,455/month

23 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Corner Lot
  • Penn Wynne Elementary School Rated A+
  • Park or Greenbelt View
  • 1-minute walk to Vernon Young Memorial Park

About This Home

As of April 2024

Amazing Ardmore Duplex located in the heart of Ardmore. Convenient to Playground, Community Library and Pool, Post Office, Shopping, Restaurants and Transportation. Close to Septa Regional Rails, High Speed Line and Busses. This property has two units - both are 2 bedrooms. Currently, the intentionally vacant 2nd unit has a brand new kitchen and appliances and features vaulted ceilings and skylights. Featuring two updated bathrooms, this apartment was rented for $1700/mo. The back deck allows residents to relax while overlooking the back yard. The residents share a laundry room and additional storage in the basement. Abundant parking is onsite for the use of the residents. The other 2 bedroom, 1 bath apartment is rented through November. That tenant has been there for several years and pays $1250/mo. A storage shed is also on site and is rented out.

Last Listed By

Kevin Murphy

Main Line Executive Realty License #RM422225 Listed on: 02/08/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,983

Year Built

  • Built in 1875 | Remodeled in 2010

Lot Details

  • 8,496 Sq Ft Lot
  • Lot Dimensions are 70.00 x 0.00
  • Corner Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Colonial Architecture
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,505 Sq Ft Home
  • Park or Greenbelt Views

Basement

  • Basement Fills Entire Space Under The House
  • Side Basement Entry

Parking

  • 7 Open Parking Spaces
  • 9 Parking Spaces
  • 2 Driveway Spaces
  • Parking Lot

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • Ardmore Subdivision

Listing and Financial Details

  • Tax Lot 269
  • Assessor Parcel Number 40-00-56016-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,983

Year Built

Built in 1875 | Remodeled in 2010

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: tenant belongings
  • Historic: No
  • New Construction: No
  • Year Built: 1875
  • Year Renovated: 2010
  • Automatically Close On Close Date: Yes
  • Remarks Public: Amazing Ardmore Duplex located in the heart of Ardmore. Convenient to Playground, Community Library and Pool, Post Office, Shopping, Restaurants and Transportation. Close to Septa Regional Rails, High Speed Line and Busses. This property has two units - both are 2 bedrooms. Currently, the intentionally vacant 2nd unit has a brand new kitchen and appliances and features vaulted ceilings and skylights. Featuring two updated bathrooms, this apartment was rented for $1700/mo. The back deck allows residents to relax while overlooking the back yard. The residents share a laundry room and additional storage in the basement. Abundant parking is onsite for the use of the residents. The other 2 bedroom, 1 bath apartment is rented through November. That tenant has been there for several years and pays $1250/mo. A storage shed is also on site and is rented out.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Basement: Yes
  • Basement Type: Full, Side Entrance
  • Total Sq Ft: 1505
  • Living Area Sq Ft: 1505
  • Price Per Sq Ft: 375.42
  • Above Grade Finished Sq Ft: 1505
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Roof: Shingle
  • View: Park/Greenbelt
  • 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: 9
  • Type Of Parking: Driveway, Parking Lot
  • Number of Spaces in Driveway: 2
  • Parking Lot Number Of Spaces: 7

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: LOWER MERION
  • School District Key: 300200396851
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 1132
  • Lot Features: Corner
  • Lot Size Acres: 0.20
  • Lot Dimensions: 70.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8496.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: R - DUPLEX

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 3131.00
  • Tax Annual Amount: 3983.00
  • Assessor Parcel Number: 40-00-56016-005
  • Tax Lot: 269
  • Tax Total Finished Sq Ft: 1505
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/05/2024

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Apr 5, 2024
Sold by
Hayden Thomas C
Bought by
Poole Lain D and Saddi Natalia
Seller's Agent
Kevin Murphy
Main Line Executive Realty
Buyer's Agent
ABE Haupt
Elfant Wissahickon-Chestnut Hill
List Price
$565,000
Sold Price
$535,000
Premium/Discount to List
-$30,000
-5.31%
Total Days on Market
23
Views
97
Current Estimated Value
$559,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,935
Avg. Annual Appreciation
4.35%
Original Mortgage
$235,000
Outstanding Balance
$232,557
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$327,378

Purchase Details

Listed on
Nov 17, 2014
Closed on
May 4, 2015
Sold by
Handman Properties Inc
Bought by
Hayden Thomas C
Seller's Agent
Branka Saula
KW Greater West Chester
Buyer's Agent
Kevin Murphy
Main Line Executive Realty
List Price
$329,900
Sold Price
$295,000
Premium/Discount to List
-$34,900
-10.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%
Original Mortgage
$217,500
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2010
Sold by
Dfm Realty Inc
Bought by
Handman Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,125
Interest Rate
4.97%

Purchase Details

Closed on
Nov 4, 2009
Sold by
Breslin Walter I and Mccarthy Helen C
Bought by
Dfm Realty Inc

Purchase Details

Closed on
Mar 5, 2007
Sold by
Breslin Walter I
Bought by
Breslin Walter I and Mccarthy Helen C

Purchase Details

Closed on
Feb 12, 2004
Sold by
Breslin Walter I
Bought by
National Penn Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.65%

Purchase Details

Closed on
Nov 25, 1998
Sold by
Farley Gary
Bought by
Breslin Walter I

Range of Values:

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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
Poole Lain D $535,000 Class Abstract
Poole Lain D $535,000 Class Abstract
Hayden Thomas C $290,000 None Available
Handman Properties Inc $201,500 None Available
Dfm Realty Inc -- None Available
Breslin Walter I -- None Available
National Penn Bank -- --
Breslin Walter I $149,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poole Lain D $235,000
Closed Poole Lain D $235,000
Previous Owner Hayden Thomas C $217,500
Previous Owner Handman Properties Inc $151,125
Previous Owner Handman Properties Inc $151,125
Previous Owner National Penn Bank $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $535,000 -5.3% $355 / Sq Ft
03/02/2024 03/02/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $565,000 +91.5% $375 / Sq Ft
05/04/2015 05/04/15 Sold $295,000 -6.3% $196 / Sq Ft
04/09/2015 04/09/15 Pending -- -- --
01/21/2015 01/21/15 Price Changed $314,900 -4.5% $209 / Sq Ft
11/17/2014 11/17/14 For Sale $329,900 -- $219 / 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
2024 $4,037 $96,660 $28,130 $68,530
2023 $3,869 $96,660 $28,130 $68,530
2022 $3,797 $96,660 $28,130 $68,530
2021 $3,710 $96,660 $28,130 $68,530
2020 $3,620 $96,660 $28,130 $68,530
2019 $3,556 $96,660 $28,130 $68,530
2018 $3,556 $96,660 $28,130 $68,530
2017 $3,425 $96,660 $28,130 $68,530
2016 $3,387 $96,660 $28,130 $68,530
2015 $3,159 $96,660 $28,130 $68,530
2014 $3,159 $96,660 $28,130 $68,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2095170

Bright MLS

APN: 40-00-56016-005