$340,000
SOLD MAY 27, 2021
-- Bed
-- Bath
3,859 Sq Ft
0.32 Acres

Recently Sold

$88 Per Sq Ft

9% Below List Price

12 Days on Market

Highlights

  • 0.32 Acre Lot
  • No HOA
  • Radiator
  • Colonial Architecture
  • Ceiling Fan

About This Home

As of March 2025

Opportunity awaits in Drexel Hill! Just under 4,000 square feet, this 3-story stately home sits on 1/3 of an acre in the community of Drexel Plaza, and hosts 4 separated rental units. So many options here! Restore this home to its original glory, own and occupy, or invest and start collecting immediate rental income from existing tenants! Built in 1890, you will find tons of character in this home with hardwood floors, exposed beams and woodwork, deep windowsills, arched doorways, and covered front porch. Four bright and spacious units include three 2 Bedroom units and one 1 Bedroom unit. Tenants currently pay for electric and landlord pays for electric in common areas, heat, and hot water. Valuable upgrades include an existing fire escape! Located close to everything this area has to offer, including parks, golf courses, and downtown Drexel Hills shops, restaurants, and nightlife, and also central to major routes, don’t let this opportunity pass you by! This property is being sold AS-IS.

Last Agent to Sell the Property

Jacob Schumacher

KW Empower License #RS353215 Listed on: 03/18/2021

KW Empower

Co-Listed By

Michael McKee

Long & Foster Real Estate, Inc. License #RS-0022204

Last Buyer's Agent

John McAleer

Keller Williams Main Line License #AB049026L

Keller Williams Main Line

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,154

Year Built

  • Built in 1890

Lot Details

  • 0.32 Acre Lot

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Aluminum Siding
  • Stone Siding

Interior Spaces

  • 3,859 Sq Ft Home
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Parking

  • 1 Parking Space
  • 1 Driveway Space
  • On-Street Parking

Utilities

  • Window Unit Cooling System
  • Radiator
  • Radiant Heating System
  • 200+ Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for common area maintenance, gas, heat
  • Tax Lot 862-003
  • Assessor Parcel Number 16-11-01103-00

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 3-Story Building
  • Drexel Plaza Subdivision

Building Details

  • Income includes apartment rentals
  • Operating Expense $19,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,154

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Automatically Close On Close Date: No
  • Remarks Public: Opportunity awaits in Drexel Hill! Just under 4,000 square feet, this 3-story stately home sits on 1/3 of an acre in the community of Drexel Plaza, and hosts 4 separated rental units. So many options here! Restore this home to its original glory, own and occupy, or invest and start collecting immediate rental income from existing tenants! Built in 1890, you will find tons of character in this home with hardwood floors, exposed beams and woodwork, deep windowsills, arched doorways, and covered front porch. Four bright and spacious units include three 2 Bedroom units and one 1 Bedroom unit. Tenants currently pay for electric and landlord pays for electric in common areas, heat, and hot water. Valuable upgrades include an existing fire escape! Located close to everything this area has to offer, including parks, golf courses, and downtown Drexel Hills shops, restaurants, and nightlife, and also central to major routes, don’t let this opportunity pass you by! This property is being sold AS-IS.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3859
  • Living Area Sq Ft: 3859
  • Price Per Sq Ft: 97.18
  • Above Grade Finished Sq Ft: 3859
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4211

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Stone
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street, Driveway
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s), Ceiling Fan(s)
  • Monthly Average Electric: 350
  • Previous Twelve Months Electric Expense: 4200.00
  • Electric Service: 200+ Amp Service
  • Gas Avg Month: 300.00
  • Gas Prev12 Months: 3600.00
  • Heating Fuel: Natural Gas
  • Heating Type: Radiant, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available
  • Monthly Water Average: 200
  • Water Previous Twelve Months: 2400.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: UPPER DARBY
  • School District Key: 300200397363
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 180980.00
  • Land Assessed Value: 62550.00
  • Land Use Code: R-40
  • Lot Size Acres: 0.32
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13852.00
  • Year Assessed: 2021
  • Zoning: R-10

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Number Of Units Month To Month: 3
  • Owner Pays: Common Area Maintenance, Gas, Heat
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 458511
  • School Tax: 4224.00
  • Tax Annual Amount: 8154.00
  • Assessor Parcel Number: 16-11-01103-00
  • Tax Lot: 862-003
  • Tax Total Finished Sq Ft: 3859
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 05/27/2021

Multi Family

  • Income Includes: Apartment Rentals
  • Operating Expense: 19000.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: UPPER DARBY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2025
Closed on
Mar 12, 2025
Sold by
Coneys Catherine A
Bought by
Prempeh Kingsley
Seller's Agent
John McAleer
Keller Williams Main Line
Buyer's Agent
Francis Mangubat
Keller Williams Main Line
List Price
$419,900
Sold Price
$419,200
Premium/Discount to List
-$700
-0.17%
Views
20
Current Estimated Value
$424,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,139
Avg. Annual Appreciation
1.46%
Original Mortgage
$335,360
Outstanding Balance
$335,079
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$86,504

Purchase Details

Closed on
Jan 10, 2023
Sold by
Coneys John H
Bought by
Coneys John H and Coneys Catherine A

Purchase Details

Listed on
Mar 18, 2021
Closed on
May 26, 2021
Sold by
Schumacher David R and Schumacher Michele S
Bought by
Coneys John
Seller's Agent
Jacob Schumacher
KW Empower
Buyer's Agent
John McAleer
Keller Williams Main Line
List Price
$375,000
Sold Price
$340,000
Premium/Discount to List
-$35,000
-9.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.27%
Original Mortgage
$255,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2013
Sold by
Schumacher David
Bought by
Schumacher David R and Schumacher Michele S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,200
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2011
Sold by
Shermer Jane and Elefante Amanda
Bought by
Schumacher David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.25%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $419,200 None Listed On Document
Special Warranty Deed $419,200 None Listed On Document
Deed -- None Listed On Document
Deed $340,000 Haverford Abstract
Interfamily Deed Transfer -- None Available
Deed $155,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $335,360 New Conventional
Closed $335,360 New Conventional
Previous Owner $255,000 Purchase Money Mortgage
Previous Owner $221,200 New Conventional
Previous Owner $200,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $419,200 -0.2% $109 / Sq Ft
01/30/2025 01/30/25 For Sale $419,900 +23.5% $109 / Sq Ft
05/27/2021 05/27/21 Sold $340,000 -9.3% $88 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $375,000 -- $97 / 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 $10,299 $243,530 $62,550 $180,980
2023 $10,202 $243,530 $62,550 $180,980
2022 $9,928 $243,530 $62,550 $180,980
2021 $13,386 $243,530 $62,550 $180,980
2020 $7,219 $111,600 $38,710 $72,890
2019 $7,092 $111,600 $38,710 $72,890
2018 $7,011 $111,600 $0 $0
2017 $6,828 $111,600 $0 $0
2016 $612 $111,600 $0 $0
2015 $612 $111,600 $0 $0
2014 $612 $111,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE541500

Bright MLS

APN: 16-11-01103-00