NOT LISTED FOR SALE

46 Elm Ave Jenkintown, PA 19046

Estimated Value: $398,421 - $419,000

-- Bed
2 Baths
1,850 Sq Ft
$221/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $270,000 $146 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,699/month

12 Days on Market

Highlights

  • Second Kitchen
  • Wood Flooring
  • No HOA
  • McKinley School Rated A-
  • Space For Rooms
  • 2 Car Detached Garage

About This Home

As of August 2019

Excellent Duplex + Garage rental (3 Income units) offering Investment potential & Owner Occupancy in Rockledge Boro on a corner lot. Well maintained. All Seperate Utilities. Each apartment has private entrance. Garage rented to Contractor (many years). Unit #1 - Owner only pays water First Floor has laundry and Eat -in Kitchen and use of basement. Unit #2 Seperate entrance to the second level. Unit #3 Garage: 2 car detached garage w Loft storage. Newer Roof. Pull Down Attic. Enclosed Porch. Corner Lot. Tenants pay heat, electric, phone, cable, lawn and snow. C Close to Public transport Septa, Train to CC. Pure investment or Live-in one unit and rent other two possibilities.

Last Agent to Sell the Property

Tom Higgins

Keller Williams Real Estate-Blue Bell License #RS176625L Listed on: 05/08/2019

Keller Williams Real Estate-Blue Bell

Last Buyer's Agent

Colt Solliday

Compass RE License #RS320052

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,815

Year Built

  • Built in 1930

Lot Details

  • 6,250 Sq Ft Lot
  • Lot Dimensions are 50.00 x 0.00
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Duplex
  • Converted Dwelling
  • Poured Concrete
  • Architectural Shingle Roof
  • Stucco

Kitchen

  • Second Kitchen

Flooring

  • Wood
  • Carpet
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Sump Pump
  • Drain
  • Shelving
  • Space For Rooms
  • Basement with some natural light

Schools

  • Abington High School

Utilities

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

Listing and Financial Details

  • The owner pays for water, real estate taxes
  • Tax Lot 011
  • Assessor Parcel Number 18-00-00904-005

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Gross Income $23,520
  • Net Operating Income $18,705

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,815

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Exclusions: tenant possessions
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1930
  • Remarks Public: Excellent Duplex + Garage rental (3 Income units) offering Investment potential & Owner Occupancy in Rockledge Boro on a corner lot. Well maintained. All Seperate Utilities. Each apartment has private entrance. Garage rented to Contractor (many years). Unit #1 - Owner only pays water First Floor has laundry and Eat -in Kitchen and use of basement. Unit #2 Seperate entrance to the second level. Unit #3 Garage: 2 car detached garage w Loft storage. Newer Roof. Pull Down Attic. Enclosed Porch. Corner Lot. Tenants pay heat, electric, phone, cable, lawn and snow. C Close to Public transport Septa, Train to CC. Pure investment or Live-in one unit and rent other two possibilities.
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Hardwood, Vinyl, Wood
  • Interior Amenities: 2nd Kitchen
  • Room Count: 12
  • Basement: Yes
  • Basement Type: Full, Daylight, Partial, Drain, Interior Access, Outside Entrance, Poured Concrete, Shelving, Rear Entrance, Space For Rooms, Sump Pump
  • Total Sq Ft: 3200
  • Living Area Sq Ft: 1850
  • Price Per Sq Ft: 140.54
  • Above Grade Finished Sq Ft: 1850
  • Below Grade Sq Ft: 1350
  • Total Below Grade Sq Ft: 1350
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 46

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Additional Storage Area
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway, 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

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: ABINGTON
  • High School: ABINGTON
  • High School Source: Listing Agent
  • School District Key: 300200397027
  • School District Source: Listing Agent
  • High School: ABINGTON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1132
  • Lot Size Acres: 0.14
  • Lot Dimensions: 50.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6250.00
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: SUR

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 3
  • Owner Pays: Water, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 23520.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 635331
  • School Tax: 3604.00
  • Tax Annual Amount: 4815.00
  • Assessor Parcel Number: 18-00-00904-005
  • Tax Lot: 011
  • Tax Total Finished Sq Ft: 1771
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2020
  • Close Date: 08/02/2019

Multi Family

  • Gross Income: 23520.00
  • Gross Scheduled Income: 23520.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 3
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: ABINGTON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2019
Closed on
Jul 30, 2019
Sold by
Dixon Anne Nevin
Bought by
Morris Richard Vance
Seller's Agent
Tom Higgins
Keller Williams Real Estate-Blue Bell
Buyer's Agent
Colt Solliday
Compass RE
List Price
$260,000
Sold Price
$270,000
Premium/Discount to List
$10,000
3.85%
Current Estimated Value
$408,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,355
Avg. Annual Appreciation
6.87%
Original Mortgage
$189,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 1989
Bought by
Nevin Michael and Nevin Anne M
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
Morris Richard Vance $270,000 None Available
Nevin Michael $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Richard Vance $197,000
Closed Morris Richard Vance $189,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2019 08/02/19 Sold $270,000 +3.8% $146 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
05/08/2019 05/08/19 For Sale $260,000 -- $141 / 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 $5,687 $112,060 $43,610 $68,450
2024 $5,687 $112,060 $43,610 $68,450
2023 $5,302 $112,060 $43,610 $68,450
2022 $5,142 $112,060 $43,610 $68,450
2021 $5,003 $112,060 $43,610 $68,450
2020 $4,815 $112,060 $43,610 $68,450
2019 $4,815 $112,060 $43,610 $68,450
2018 $3,560 $112,060 $43,610 $68,450
2017 $4,598 $112,060 $43,610 $68,450
2016 $4,555 $112,060 $43,610 $68,450
2015 $4,321 $112,060 $43,610 $68,450
2014 $4,321 $112,060 $43,610 $68,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC605888

Bright MLS

APN: 18-00-00904-005