NOT LISTED FOR SALE

Estimated Value: $322,000 - $376,000

-- Bed
2 Baths
1,800 Sq Ft
$189/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $247,500 $138 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,441/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • 5-minute walk to Gillespie Park

About This Home

As of October 2021

Great Investment Opportunity!! Well Maintained 2 bedroom per unit Duplex in Drexel. Come take a look at this end unit duplex that offers two spacious 2 bedroom 1 bath updated unit. The 1st floor unit has had some recent updates throughout. This includes freshly painted throughout, new laminate flooring in the living room, carpets in the bedrooms, new tub surround. There is full hall bathroom. Additional to all of that the 1st floor also includes a partially finished basement/family room. This space has tile floors and is perfect for a home office, or gaming room. The 2nd fl unit is currently rented. 6 months left on the lease and tenant pay $840 a month. 2nd floor has the same layout as the first fl minus the addition finished basement space. The building has been well maintained over the years. Owner only pays the water. All other utilities are separate. Tenants provide their own window AC units. Add: Separate storage and utility room with 2 sets of laundry hookups in basement area.

Last Agent to Sell the Property

Chris McGarry

Coldwell Banker Realty Listed on: 09/03/2021

Coldwell Banker Realty

Last Buyer's Agent

Thomas Toole III

RE/MAX Main Line-West Chester License #RS228901

RE/MAX Main Line-West Chester

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 4,095 Sq Ft Lot
  • Lot Dimensions are 58.00 x 145.00

Parking

  • On-Street Parking

Home Design

  • 1,800 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • 1 Vacant Unit
  • Insurance Expense $775
  • Trash Expense $900

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 651-000
  • Assessor Parcel Number 16-11-01477-10

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2021-09-03
  • Year Built: 1962
  • Automatically Close On Close Date: No
  • Remarks Public: Great Investment Opportunity!! Well Maintained 2 bedroom per unit Duplex in Drexel. Come take a look at this end unit duplex that offers two spacious 2 bedroom 1 bath updated unit. The 1st floor unit has had some recent updates throughout. This includes freshly painted throughout, new laminate flooring in the living room, carpets in the bedrooms, new tub surround. There is full hall bathroom. Additional to all of that the 1st floor also includes a partially finished basement/family room. This space has tile floors and is perfect for a home office, or gaming room. The 2nd fl unit is currently rented. 6 months left on the lease and tenant pay $840 a month. 2nd floor has the same layout as the first fl minus the addition finished basement space. The building has been well maintained over the years. Owner only pays the water. All other utilities are separate. Tenants provide their own window AC units. Add: Separate storage and utility room with 2 sets of laundry hookups in basement area.
  • Special Features: None

Interior Features

  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 137.50
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4440

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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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: 124790.00
  • Land Assessed Value: 38980.00
  • Land Use Code: R-20
  • Lot Size Acres: 0.09
  • Lot Dimensions: 58.00 x 145.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4095.00
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: None
  • Owner Pays: Water
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 458886
  • School Tax: 4033.00
  • Tax Annual Amount: 6676.00
  • Assessor Parcel Number: 16-11-01477-10
  • Tax Lot: 651-000
  • Tax Total Finished Sq Ft: 1800
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 10/13/2021

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: UPPER DARBY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Oct 7, 2021
Sold by
Cloud Michael R and Cloud Suzanne
Bought by
Oyewole Oluwaseeni M
Seller's Agent
Chris McGarry
Coldwell Banker Realty
Buyer's Agent
Thomas Toole III
RE/MAX Main Line-West Chester
List Price
$247,500
Sold Price
$247,500
Current Estimated Value
$340,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,019
Avg. Annual Appreciation
8.34%
Original Mortgage
$253,192
Outstanding Balance
$233,378
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$102,966

Purchase Details

Closed on
Feb 7, 2013
Sold by
Cloud Michael R
Bought by
Cloud Michael R and Cloud Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2004
Sold by
Gail Sara M
Bought by
Cloud Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,320
Interest Rate
6.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Oyewole Oluwaseeni M $247,500 None Available
Cloud Michael R -- None Available
Cloud Michael R $147,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oyewole Oluwaseeni M $253,192
Previous Owner Cloud Michael R $138,750
Previous Owner Cloud Michael R $159,680
Previous Owner Cloud Michael R $163,500
Previous Owner Cloud Michael R $36,850
Previous Owner Cloud Michael R $118,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2021 10/13/21 Sold $247,500 0.0% $138 / Sq Ft
09/03/2021 09/03/21 For Sale $247,500 -- $138 / 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 $6,926 $163,770 $38,980 $124,790
2023 $6,861 $163,770 $38,980 $124,790
2022 $6,676 $163,770 $38,980 $124,790
2021 $9,002 $163,770 $38,980 $124,790
2020 $7,205 $111,390 $30,170 $81,220
2019 $7,079 $111,390 $30,170 $81,220
2018 $6,997 $111,390 $0 $0
2017 $6,816 $111,390 $0 $0
2016 $611 $111,390 $0 $0
2015 $611 $111,390 $0 $0
2014 $611 $111,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2006708

Bright MLS

APN: 16-11-01477-10