NOT LISTED FOR SALE

411 Valley Rd Elkins Park, PA 19027

Estimated Value: $266,731 - $365,000

-- Bed
2 Baths
1,925 Sq Ft
$168/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $310,000 $161 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,248/month

2 Days on Market

Highlights

  • Straight Thru Architecture
  • Forced Air Heating System
  • Electric Baseboard Heater
  • Myers Elementary School Rated A-

About This Home

As of September 2023

Presenting an exceptional duplex property nestled in the heart of Cheltenham, 411 Valley Road offers an outstanding investment opportunity for homeowners and investors alike. Boasting a prime location, this property features two distinct units, each outfitted with modern upgrades, ensuring comfortable living and convenience.

The first unit, a charming 1-bedroom and 1-bathroom space, greets you with a sense of warmth and comfort. Fully renovated to perfection, the unit showcases contemporary finishes that elevate the living experience. Noteworthy for this unit is access to the whole basement, offering ample storage possibilities, and the added convenience of in-unit laundry, providing residents with the utmost convenience and privacy. Stepping into the second unit, an impressive 3-bedroom and 1-bathroom layout awaits. This unit has also been thoughtfully renovated, exuding an elegant and modern ambiance. Emphasizing the importance of seamless living, in-unit laundry is also included, ensuring maximum comfort for the residents.

A standout feature of this duplex is the full backyard, creating a private oasis for relaxation and outdoor activities. But that's not all; the property also offers direct access to Melrose Park through the back of the yard, providing an additional recreational outlet for nature enthusiasts and families alike.

411 Valley Road represents an incredible opportunity to own a duplex that ticks all the right boxes. Whether looking to reside in one unit while renting out the other or seeking a lucrative investment venture, this property presents the best of both worlds - modern living and potential income. Don't miss the chance to make this duplex your own and enjoy the benefits of Cheltenham's vibrant community and amenities. Act swiftly to secure this remarkable property for your future.

Last Agent to Sell the Property

Morgan Sampson

Keller Williams Main Line License #RS354910 Listed on: 08/04/2023

Keller Williams Main Line

Co-Listed By

Michael McCann

KW Empower License #AB049770L

Last Buyer's Agent

Carly Friedman

BHHS Fox & Roach-Rosemont License #RS326258

BHHS Fox & Roach-Rosemont

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,943

Year Built

  • Built in 1913

Lot Details

  • 3,100 Sq Ft Lot
  • Lot Dimensions are 25.00 x 0.00

Home Design

  • 1,925 Sq Ft Home
  • Duplex
  • Straight Thru Architecture
  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • 2 Units
  • Melrose Park Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 31-00-27097-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,943

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2023-08-04
  • Year Built: 1913
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Slab
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1925
  • Living Area Sq Ft: 1925
  • Price Per Sq Ft: 166.23
  • Above Grade Finished Sq Ft: 1925
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 411

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
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: CHELTENHAM
  • School District Key: 300200396295
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 1132
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3100.00
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 4700.00
  • Tax Annual Amount: 5943.00
  • Assessor Parcel Number: 31-00-27097-007
  • Tax Lot: 16
  • Tax Total Finished Sq Ft: 1925
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/06/2023

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: CHELTENHAM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Sep 5, 2023
Sold by
Fashina-Leeks Kemi and Fashina-Fortune Asia Claire
Bought by
Lucy Lee & Son Llc
Seller's Agent
Morgan Sampson
Keller Williams Main Line
Buyer's Agent
Carly Friedman
BHHS Fox & Roach-Rosemont
List Price
$320,000
Sold Price
$310,000
Premium/Discount to List
-$10,000
-3.12%
Views
88
Current Estimated Value
$323,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,183
Avg. Annual Appreciation
2.09%
Original Mortgage
$232,500
Outstanding Balance
$227,735
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$95,448

Purchase Details

Closed on
Jul 24, 2019
Sold by
Fortune Kemi and Fortune Joseph
Bought by
Fashina Leeks Kemi and Fashina Leeks Asia Claire

Purchase Details

Closed on
Dec 1, 2006
Sold by
Fortune Joseph and Rivers Catherine
Bought by
Fortune Joseph and Fortune Kemi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
6.31%

Purchase Details

Closed on
Oct 3, 2006
Sold by
Rivers Catherine
Bought by
Fortune Kemi and Rivers Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
6.31%

Purchase Details

Closed on
Jul 25, 2005
Sold by
Fashina Kemi
Bought by
Rivers Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,600
Interest Rate
5.63%

Purchase Details

Closed on
Jul 6, 2000
Sold by
Nestor Carole Anne M and Hensley Carole Anne
Bought by
Fashina Kemi
Source: Public Records

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
Lucy Lee & Son Llc $310,000 Trident Land Transfer
Fashina Leeks Kemi -- None Available
Fortune Joseph -- None Available
Fortune Kemi -- None Available
Rivers Catherine -- None Available
Fashina Kemi $101,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucy Lee & Son Llc $232,500
Previous Owner Leeks Kemi Fashina $60,000
Previous Owner Fashina Leeks Kemi $142,500
Previous Owner Fashina Leeks Kemi $15,000
Previous Owner Fortune Kemi $166,250
Previous Owner Rivers Catherine $147,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2023 09/06/23 Sold $310,000 -3.1% $161 / Sq Ft
08/04/2023 08/04/23 For Sale $320,000 -- $166 / 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 $6,011 $90,000 $18,290 $71,710
2024 $6,011 $90,000 $18,290 $71,710
2023 $5,943 $90,000 $18,290 $71,710
2022 $5,841 $90,000 $18,290 $71,710
2021 $5,681 $90,000 $18,290 $71,710
2020 $5,517 $90,000 $18,290 $71,710
2019 $5,407 $90,000 $18,290 $71,710
2018 $2,383 $90,000 $18,290 $71,710
2017 $5,162 $90,000 $18,290 $71,710
2016 $5,126 $90,000 $18,290 $71,710
2015 $4,889 $90,000 $18,290 $71,710
2014 $4,889 $90,000 $18,290 $71,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2079800

Bright MLS

APN: 31-00-27097-007