NOT LISTED FOR SALE

505 Macdade Blvd Collingdale, PA 19023

Estimated Value: $256,000 - $336,340

-- Bed
3 Baths
2,640 Sq Ft
$113/Sq Ft Est. Value

Last Sold December 02, 2017

Last sale price $134,000 $51 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $2,087/month

Highlights

  • No HOA
  • Wall to Wall Carpet
  • 5-minute walk to Collingdale Park
  • En-Suite Primary Bedroom
  • Radiator

About This Home

As of December 2017

Turn-key investment! Well maintained tri-plex with excellent rental history. Three large apartments in excellent condition. Tenants pay electric. Owner pays gas (heat) and water. Replacement windows. Low maintenance exterior. Clean , well organized basement. All mechanicals in great condition. One year home warranty included. Prefer showings in late afternoon / early evening with 2 days notice. Taxes lower than usual due to re-assessment .

Last Agent to Sell the Property

Wesley Gerstenkorn

(267) 226-4267 wesgerstenkorn@prodigy.net Premier Property Sales & Rentals License #RM047082A Listed on: 03/13/2017

Last Buyer's Agent

Helene Lazarus

(215) 247-3600 helenelazarus@aol.com Elfant Wissahickon-Chestnut Hill License #RS218557L

Elfant Wissahickon-Chestnut Hill

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 3,441 Sq Ft Lot
  • Lot Dimensions are 27x125
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Stone Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,640 Sq Ft Home
  • Wall to Wall Carpet
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Radiator
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 169-000
  • Assessor Parcel Number 11-00-01579-00

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $1,200
  • Operating Expense $8,557

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1910
  • Remarks Public: Turn-key investment! Well maintained tri-plex with excellent rental history. Three large apartments in excellent condition. Tenants pay electric. Owner pays gas (heat) and water. Replacement windows. Low maintenance exterior. Clean , well organized basement. All mechanicals in great condition. One year home warranty included. Prefer showings in late afternoon / early evening with 2 days notice. Taxes lower than usual due to re-assessment .
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2640
  • Living Area Sq Ft: 2640
  • Price Per Sq Ft: 51.14
  • Above Grade Finished Sq Ft: 2640
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 505

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stone
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Annual Heating Expense: 2700.00
  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: SOUTHEAST DELCO
  • School District Key: 300200397361

Lot Info

  • Land Use Code: R-30
  • Lot Size Acres: 0.08
  • Lot Dimensions: 27X125
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3441.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: MUL

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 24720.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 423298
  • Tax Annual Amount: 3657.00
  • Assessor Parcel Number: 11-00-01579-00
  • Tax Lot: 169-000
  • Tax Year: 2017
  • Close Date: 12/02/2017

MLS Schools

  • School District Name: SOUTHEAST DELCO

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2017
Closed on
Nov 20, 2017
Sold by
Tolassi Michael and Tolassi Helen
Bought by
Williams Omar L
Seller's Agent
Wesley Gerstenkorn
Premier Property Sales & Rentals
Buyer's Agent
Helene Lazarus
Elfant Wissahickon-Chestnut Hill
List Price
$144,900
Sold Price
$134,000
Premium/Discount to List
-$10,900
-7.52%
Current Estimated Value
$298,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,335
Avg. Annual Appreciation
10.66%
Original Mortgage
$134,000
Outstanding Balance
$112,552
Interest Rate
3.94%
Mortgage Type
VA
Estimated Equity
$185,783

Purchase Details

Closed on
Aug 25, 2005
Sold by
Bowness Frances G and Mcgurgan Anne E
Bought by
Tolassi Michael and Johnston Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,650
Interest Rate
5.79%
Mortgage Type
Fannie Mae Freddie Mac
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
Williams Omar L $134,000 None Available
Tolassi Michael $159,500 Trident Land Transfer Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Omar L $134,000
Previous Owner Tolassi Michael $111,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2017 12/02/17 Sold $134,000 -0.7% $51 / Sq Ft
10/10/2017 10/10/17 Pending -- -- --
08/25/2017 08/25/17 Price Changed $135,000 -3.5% $51 / Sq Ft
05/23/2017 05/23/17 Price Changed $139,900 -3.5% $53 / Sq Ft
03/13/2017 03/13/17 For Sale $144,900 -- $55 / 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 $6,124 $135,220 $22,020 $113,200
2024 $6,124 $135,220 $22,020 $113,200
2023 $5,961 $135,220 $22,020 $113,200
2022 $5,735 $135,220 $22,020 $113,200
2021 $7,898 $135,220 $22,020 $113,200
2020 $4,008 $63,050 $18,130 $44,920
2019 $3,863 $63,050 $18,130 $44,920
2018 $3,778 $63,050 $0 $0
2017 $4,548 $77,350 $0 $0
2016 $424 $91,790 $0 $0
2015 $514 $91,790 $0 $0
2014 $514 $91,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wesley Gerstenkorn

    Seller's Agent in 2017

    Wesley Gerstenkorn

    Premier Property Sales & Rentals

    (267) 226-4267

    1 in this area

    102 Total Sales

    Wesley Gerstenkorn
    Section Image
  • Helene Lazarus

    Buyer's Agent in 2017

    Helene Lazarus

    Elfant Wissahickon-Chestnut Hill

    (215) 247-3600

    1 in this area

    48 Total Sales

    Helene Lazarus
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000377135

Bright MLS

APN: 11-00-01579-00

Pennsylvania Delaware County Collingdale 19023

505 Macdade Blvd, Collingdale, PA

This home is located at 505 Macdade Blvd, Collingdale, PA 19023 since 13 March 2017 and is currently estimated at $298,335, approximately $113 per square foot. This property was built in 1910. 505 Macdade Blvd is a home located in Delaware County with nearby schools including Harris School, Academy Park High School, and Blessed Virgin Mary School.

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