NOT LISTED FOR SALE

428 S 4th St Darby, PA 19023

Estimated Value: $231,000 - $335,809

Studio
3 Baths
2,970 Sq Ft
$103/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $270,000 $91 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,153/month

170 Days on Market

Highlights

  • No HOA
  • 2-minute walk to Darby
  • Hot Water Heating System
  • 1 Car Detached Garage
  • Cooling System Utilizes Natural Gas
  • 5-minute walk to Jack Frazier Memorial Tot Lot

About This Home

As of September 2022

Come check out this fully leased turn key triplex on a quiet residential street in Colwyn! Recently rehabbed, this property features a first floor 2 bedroom 1.1 bath unit (with its own separate entrance) and two one bedroom units (one on the second floor and one on the third floor). For a bonus there's a detached garage that will work great as off-street parking, storage or additional rental revenue. This property is fully rented out and can start making money immediate for its new owner. Note: property is fully rented/occupied - listing photos are from before occupation by current tenants. As we are still in a pandemic face masks are required for entry as the property is fully occupied.

Last Agent to Sell the Property

Sean McCarthy

(215) 843-1414 seanmccarthyrealtor@gmail.com TJ McCarthy Associates, Inc. License #RM421549 Listed on: 10/25/2021

TJ McCarthy Associates, Inc.

Last Buyer's Agent

Steven Lawrence

(888) 397-7352 pa.broker@exprealty.net EXP Realty, LLC License #RS346089

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,358

Year Built

  • Built in 1940

Lot Details

  • 3,006 Sq Ft Lot
  • Lot Dimensions are 25.00 x 124.00

Parking

  • 1 Car Detached Garage
  • Side Facing Garage
  • Off-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2,970 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling System Utilizes Natural Gas
  • Central Air
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for common area maintenance, water, sewer
  • Assessor Parcel Number 12-00-00260-00

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Income includes apartment rentals
  • Gross Income $36,072
  • Net Operating Income $22,159

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,358

Year Built

Built in 1940

Lot Details

3,006 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Exclusions: Tenant Property
  • New Construction: No
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2970
  • Living Area Sq Ft: 2970
  • Price Per Sq Ft: 101.01
  • Above Grade Finished Sq Ft: 2970
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 115640.00
  • Land Assessed Value: 13130.00
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25.00 x 124.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3006.00
  • Zoning: 3 STY HSE GAR APT

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Common Area Maintenance, Water, Sewer
  • Rent Control: No
  • Total Actual Rent: 36072.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 425166
  • School Tax: 3628.00
  • Tax Annual Amount: 6358.00
  • Assessor Parcel Number: 12-00-00260-00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

Multi Family

  • Gross Income: 36072.00
  • Gross Scheduled Income: 36072.00
  • Income Includes: Apartment Rentals
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: WILLIAM PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Aug 8, 2022
Sold by
Bailey Suzan
Bought by
Palmer William T
Seller's Agent
Sean McCarthy
TJ McCarthy Associates, Inc.
Buyer's Agent
Steven Lawrence
EXP Realty, LLC
List Price
$300,000
Sold Price
$270,000
Premium/Discount to List
-$30,000
-10%
Current Estimated Value
$306,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,452
Avg. Annual Appreciation
3.71%
Original Mortgage
$265,109
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 26, 2017
Closed on
Mar 30, 2017
Sold by
Secretary Of Hud
Bought by
Bailey Suzan
Seller's Agent
Mital Amin
Silver and Oak Realty
Buyer's Agent
Jocelyn Thorpe
Keller Williams Real Estate - Media
List Price
$25,000
Sold Price
$26,000
Premium/Discount to List
$1,000
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.40%

Purchase Details

Closed on
Jan 22, 2013
Sold by
Midfirst Bank
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Dec 17, 2012
Sold by
Banfield Yohan
Bought by
Midfirst Bank

Purchase Details

Closed on
Nov 2, 2006
Sold by
Ahearn Russell J and Ahearn Deborah A
Bought by
Banfield Yohan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,863
Interest Rate
6.39%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 20, 1996
Sold by
Feldmayer John W and Feldmayer Lynn
Bought by
Ahearn Russell J and Ahearn Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,400
Interest Rate
7.48%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Palmer William T $270,000 --
Bailey Suzan $26,000 None Available
Secretary Of Housing & Urban Development -- Attorney
Midfirst Bank $1,192 None Available
Banfield Yohan $145,000 None Available
Ahearn Russell J $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palmer William T $265,109
Previous Owner Banfield Yohan $143,863
Previous Owner Ahearn Russell J $43,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2022 09/23/22 Sold $270,000 -10.0% $91 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $300,000 +11.1% $101 / Sq Ft
03/19/2022 03/19/22 Off Market $270,000 -- --
01/03/2022 01/03/22 For Sale $300,000 +11.1% $101 / Sq Ft
12/30/2021 12/30/21 Off Market $270,000 -- --
10/25/2021 10/25/21 For Sale $300,000 +1053.8% $101 / Sq Ft
04/05/2017 04/05/17 Sold $26,000 +4.0% $9 / Sq Ft View Prior Sale
01/31/2017 01/31/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $25,000 -- $8 / Sq Ft
Source: Bright MLS

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 $6,705 $128,770 $13,130 $115,640
2024 $6,705 $128,770 $13,130 $115,640
2023 $4,114 $128,770 $13,130 $115,640
2022 $6,359 $128,770 $13,130 $115,640
2021 $8,795 $128,770 $13,130 $115,640
2020 $4,754 $61,130 $17,070 $44,060
2019 $4,686 $61,130 $17,070 $44,060
2018 $4,634 $61,130 $0 $0
2017 $4,557 $61,130 $0 $0
2016 $342 $61,130 $0 $0
2015 $335 $61,130 $0 $0
2014 $335 $61,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2009854

Bright MLS

APN: 12-00-00260-00

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