NOT LISTED FOR SALE

406 Darby Terrace Darby, PA 19023

Estimated Value: $123,056 - $141,000

-- Bed
2 Baths
968 Sq Ft
$135/Sq Ft Est. Value

Last Sold April 12, 2022

Last sale price $84,900 $88 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $938/month

7 Days on Market

Highlights

  • Straight Thru Architecture
  • Hot Water Heating System
  • 1-minute walk to Main Street And 4Th Street

About This Home

As of April 2022

This Darby Duplex is loaded with potential with minimal rehab work required! Each unit in this legally zoned duplex has 1 bd/1 ba and separate utilities. Situated on a quiet block, this property has tremendous long term potential as a buy and hold investment, especially with potential market rents of 1,800 (Talk about the 2% rule)!! Seller is a licensed real estate agent in the state of Pa.

Last Agent to Sell the Property

Josh Mermelstein

(267) 228-3289 mermelstein.josh@gmail.com Fifth Realty License #RS324182 Listed on: 03/11/2022

Last Buyer's Agent

Ashley Collins

(267) 591-6215 collins.ashley12@gmail.com Tesla Realty Group, LLC License #RS355214

Tesla Realty Group, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 16.00 x 56.00

Home Design

  • 968 Sq Ft Home
  • Duplex
  • Straight Thru Architecture
  • Brick Exterior Construction
  • Stone Foundation

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 543-000
  • Assessor Parcel Number 14-00-00532-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 968
  • Living Area Sq Ft: 968
  • Price Per Sq Ft: 87.71
  • Above Grade Finished Sq Ft: 968
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 40820.00
  • Land Assessed Value: 19940.00
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16.00 x 56.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 871.00
  • Zoning: R-20 TWO FAMILY

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 431036
  • School Tax: 1712.00
  • Tax Annual Amount: 2753.00
  • Assessor Parcel Number: 14-00-00532-00
  • Tax Lot: 543-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: WILLIAM PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
Feb 17, 2022
Sold by
Anthony Muoio
Bought by
Ship Holdings Llc
Seller's Agent
Josh Mermelstein
Fifth Realty
Buyer's Agent
Ashley Collins
Tesla Realty Group, LLC
List Price
$84,900
Sold Price
$84,900
Current Estimated Value
$131,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,114
Avg. Annual Appreciation
12.62%

Purchase Details

Closed on
Jan 14, 2015
Sold by
Anzideo Joseph D and Estate Of Joseph Anzideo
Bought by
Muoio Anthony and Muoio Donna

Purchase Details

Closed on
May 21, 2013
Sold by
Pbb Property Holdings Llc
Bought by
Anzideo Joseph

Purchase Details

Closed on
Jun 16, 2005
Sold by
Feldman Susan R and Feldman Maurice
Bought by
Borderieux Donald and Mcgill Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,600
Interest Rate
5.73%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 18, 2002
Sold by
Gibbs John H
Bought by
Feldman Maurice and Feldman Susan R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ship Holdings Llc $47,000 None Listed On Document
Muoio Anthony $9,000 None Available
Anzideo Joseph $9,000 None Available
Borderieux Donald $34,000 Commonwealth Land Title Insu
Feldman Maurice $29,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Borderieux Donald $30,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2022 04/12/22 Sold $84,900 0.0% $88 / Sq Ft
03/20/2022 03/20/22 Off Market $84,900 -- --
03/11/2022 03/11/22 For Sale $84,900 -- $88 / 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 $3,009 $60,760 $19,940 $40,820
2024 $3,009 $60,760 $19,940 $40,820
2023 $1,759 $60,760 $19,940 $40,820
2022 $2,754 $60,760 $19,940 $40,820
2021 $3,842 $60,760 $19,940 $40,820
2020 $2,484 $34,000 $12,530 $21,470
2019 $2,378 $34,000 $12,530 $21,470
2018 $2,349 $34,000 $0 $0
2017 $2,306 $34,000 $0 $0
2016 $190 $34,000 $0 $0
2015 $190 $34,000 $0 $0
2014 $190 $34,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Josh Mermelstein

    Seller's Agent in 2022

    Josh Mermelstein

    Fifth Realty

    (267) 228-3289

    1 in this area

    45 Total Sales

    Josh Mermelstein
    Section Image

  • A

    Buyer's Agent in 2022

    Ashley Collins

    Tesla Realty Group, LLC

    (267) 591-6215

    13 in this area

    47 Total Sales

    Ashley Collins
    Section Image
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Map

Source: Bright MLS

MLS Number: PADE2020910

Bright MLS

APN: 14-00-00532-00

Pennsylvania Delaware County Darby 19023

406 Darby Terrace, Darby, PA

Not Listed for Sale

MultiFamily

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