NOT LISTED FOR SALE

423 S Cedar Ln Upper Darby, PA 19082

Estimated Value: $309,000 - $508,000

-- Bed
3 Baths
2,756 Sq Ft
$151/Sq Ft Est. Value

Last Sold January 11, 2021

Last sale price $315,000 $114 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,755/month

109 Days on Market

Highlights

  • 0.21 Acre Lot
  • Corner Lot
  • Ceiling Fan
  • Wood Flooring
  • No HOA
  • 3-minute walk to Westview Park

About This Home

As of January 2021

Great investment opportunity for someone looking for rental income! There are 3 units in this home. The 1st floor has a living room, kitchen, 2 bedrooms, 1 full bath, 1 (extra) stall shower and a powder room. The 2nd floor unit has a living room, kitchen, 2 bedrooms and 1 full bathroom while the 3rd floor unit has a living space, kitchen, 1 bedroom and 1 bathroom. Each floor unit has a fully renovated kitchen with granite countertops, stainless steel appliances and refinished hardwood floors. Gas cooking on all 3 floors and new stainless steel refrigerators on 1st and 2nd floor with a smaller fridge on the 3rd. All bathrooms are fully renovated with new plumbing fixtures, tiles and plumbing. All units have new carpeting in the common areas, new windows, radiator heat, and have been repainted. The hardwood floors have been sanded and refinished with stain and new ceiling fans and electrical fixtures/wiring have been installed. 2nd & 3rd floor gas & electric (with new electrical panel & wiring) are combined while the 1st floor is separate. Water to be paid by landlord. Washer & dryer in the basement with shared access from exterior entrance. This is a great rental opportunity in Upper Darby for someone looking for extra income!

Last Agent to Sell the Property

Mrs. Lori J Rogers

(610) 517-1517 lori@lrhomes.com Keller Williams Main Line License #RS317577 Listed on: 07/10/2020

Keller Williams Main Line

Co-Listed By

Dave Batty

(610) 517-7670 dave@battykolo.com Keller Williams Realty Devon-Wayne License #RS311054

Last Buyer's Agent

Leslie Russell

(215) 694-9169 leslie.russell2@comcast.net Realty Mark Associates - KOP License #RS-0025398

Realty Mark Associates - KOP

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930 | Remodeled in 2020

Lot Details

  • 9,235 Sq Ft Lot
  • Lot Dimensions are 67.00 x 117.00
  • Corner Lot
  • Property is in excellent condition

Home Design

  • Triplex
  • Frame Construction
  • Masonry

Interior Spaces

  • 2,756 Sq Ft Home
  • Ceiling Fan
  • Replacement Windows
  • Fire Escape

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Side Exterior Basement Entry

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces
  • On-Street Parking

Schools

  • Highland Park Elementary School
  • Beverly Hills Middle School
  • Upper Darby Senior High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 756-000
  • Assessor Parcel Number 16-07-00356-00

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 3-Story Building

Building Details

  • 3 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1930 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1930
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour

Interior Features

  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Window Features: Replacement
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance, Side Entrance, Walkout Stairs
  • Total Sq Ft: 2756
  • Living Area Sq Ft: 2756
  • Price Per Sq Ft: 117.92
  • Above Grade Finished Sq Ft: 2756
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Masonry
  • Exterior Features: Fire Escape, Sidewalks, Street Lights
  • 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: On Street, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: HIGHLAND PARK
  • High School: UPPER DARBY SENIOR
  • Middle Or Junior School: BEVERLY HILLS

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 89670.00
  • Land Assessed Value: 34860.00
  • Lot Features: Corner
  • Lot Size Acres: 0.21
  • Lot Dimensions: 67.00 x 117.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9235.00
  • Property Condition: Excellent, Very Good, Good
  • Zoning: R-30 THREE FAMILY

Rental Info

  • Existing Lease Type: None
  • Ground Rent Exists: No
  • Owner Pays: Water
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 450188
  • School Tax: 4713.00
  • Tax Annual Amount: 8055.00
  • Assessor Parcel Number: 16-07-00356-00
  • Tax Lot: 756-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

Multi Family

  • Number Of Units Vacant: 3
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: UPPER DARBY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Dec 16, 2020
Sold by
Pirestani Katayoun
Bought by
Dunbar Mallory
Seller's Agent
Mrs. Lori J Rogers
Keller Williams Main Line
Buyer's Agent
Leslie Russell
Realty Mark Associates - KOP
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Current Estimated Value
$415,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,353
Avg. Annual Appreciation
5.78%
Original Mortgage
$309,294
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2020
Sold by
423 Cedar Lane Llc
Bought by
Pirestani Katayoun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2019
Sold by
Ezikian Edward and Estate Of Stephen Ezikian
Bought by
423 Cedar Lane Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
8.99%
Mortgage Type
Construction

Purchase Details

Closed on
May 16, 1966
Bought by
Ezikian Stephen and Ezikian C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dunbar Mallory $315,000 Interstate Abstract Com
Pirestani Katayoun -- Haverford Abstract Llc
423 Cedar Lane Llc $70,000 Haverford Abstract Llc
Ezikian Stephen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dunbar Mallory $309,294
Previous Owner Pirestani Katayoun $187,500
Previous Owner 423 Cedar Lane Llc $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2021 01/11/21 Sold $315,000 -3.1% $114 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $325,000 +3.2% $118 / Sq Ft
07/29/2020 07/29/20 Off Market $315,000 -- --
07/10/2020 07/10/20 For Sale $325,000 -- $118 / 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 $6,924 $163,730 $48,480 $115,250
2024 $6,924 $163,730 $48,480 $115,250
2023 $6,859 $163,730 $48,480 $115,250
2022 $6,675 $163,730 $48,480 $115,250
2021 $9,000 $163,730 $48,480 $115,250
2020 $8,055 $124,530 $34,860 $89,670
2019 $7,914 $124,530 $34,860 $89,670
2018 $7,823 $124,530 $0 $0
2017 $7,619 $124,530 $0 $0
2016 $683 $124,530 $0 $0
2015 $697 $124,530 $0 $0
2014 $697 $124,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE519342

Bright MLS

APN: 16-07-00356-00