Seller's Agent in 2022
Maria Georgalas
Long & Foster
(215) 919-9797
2 in this area
45 Total Sales
505 Philmar Ct Springfield, PA 19064
Springfield Township NeighborhoodEstimated Value: $692,000 - $839,000
--
Bed
4
Baths
3,832
Sq Ft
$200/Sq Ft
Est. Value
Highlights
- 4 Car Attached Garage
- Ceramic Tile Flooring
- Hot Water Heating System
- Springfield High School Rated A-
- Zoned Cooling
- Dwelling with Separate Living Area
About This Home
As of May 2022Welcome to 505 Philmar Court!
Don't miss an opportunity to be the next owner of this awesome income producing (GRI $60,600) apartment building. It is 100% occupied with 4 units, each consisting of 2 bedrooms,1 full bath, living room, Dining room, updated kitchen, and plenty of closet space!
These units have been updated generously by the present owners, including but not limited to, floor replacement in all units, New Bathrooms in Units A, B and D. Units B and C having Split wall systems. Units A and D have wall AC units. See Sellers disclosure for more details! Conveniently located in the heart of Springfield. Building also features 4x 1car garages, private lighted storage spaces in the basement and laundry set up for each individual units, including separate hot water heaters for each unit! Perfectly situated in a private cul-de-sac, close to Springfield Schools, parks, shopping, major roads and walk to public transportation. Convenient to I95, I476, Train Station, Center City & King of Prussia.
Tenants pay for all of their utilities except water.
To respect the privacy of the tenants, we have limited the number of pictures posted. We will add as we get permission.
ALL SHOWINGS WILL BEGIN ON SUNDAY APRIL 3RD AT 12PM
Last Agent to Sell the Property
Long & Foster Real Estate, Inc. Listed on: 04/02/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,349
Year Built
- Built in 1965
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 31.20 x 97.00
- Property is in very good condition
Parking
- 4 Car Attached Garage
- Side Facing Garage
- Driveway
- Off-Site Parking
Home Design
- 3,832 Sq Ft Home
- Quadruplex
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Flooring
- Carpet
- Laminate
- Ceramic Tile
Additional Homes
- Dwelling with Separate Living Area
Utilities
- Zoned Cooling
- Cooling System Utilizes Natural Gas
- Ductless Heating Or Cooling System
- Cooling System Mounted In Outer Wall Opening
- Hot Water Heating System
- Natural Gas Water Heater
Community Details
- Gross Income $60,600
Listing and Financial Details
- The owner pays for sewer maintenance, real estate taxes, water
- Tax Lot 280-000
- Assessor Parcel Number 42-00-04673-07
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 2, 2022
Closed on
May 19, 2022
Sold by
Lim Investment Group
Bought by
Zervalis Gregory
Seller's Agent
Maria Georgalas
Long & Foster Real Estate, Inc.
Buyer's Agent
Stephen Stout
Keller Williams Real Estate - Media
List Price
$700,000
Sold Price
$705,000
Premium/Discount to List
$5,000
0.71%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,437
Avg. Annual Appreciation
1.31%
Original Mortgage
$528,750
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 20, 2019
Closed on
May 6, 2019
Sold by
Orlando Jacqueline S and Curry Kathleen
Bought by
Lim Investment Group
Seller's Agent
Jerry Hill
Homestarr Realty
Buyer's Agent
Maria Georgalas
Long & Foster Real Estate, Inc.
List Price
$549,900
Sold Price
$535,000
Premium/Discount to List
-$14,900
-2.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.53%
Purchase Details
Closed on
Aug 23, 2014
Sold by
Orlando Kathleen and Orlando Jacqueline S
Bought by
Orlando Kathleen and Orlando Jacqueline S
Purchase Details
Closed on
Jan 24, 2014
Sold by
Orlando Kathleen and Orlando Jacqueline S
Bought by
Orlando Kathleen and Orlando Jacqueline S
Purchase Details
Closed on
Jul 17, 2010
Sold by
Orlando Kathleen and Orlando Jacqueline S
Bought by
Orlando Kathleen and Orlando Jacqueline S
Purchase Details
Closed on
Jun 15, 2001
Sold by
Orlando Kathleen and Orlando Jacqueline S
Bought by
Orlando Kathleen and Orlando Jacqueline S
Purchase Details
Closed on
Jan 22, 2001
Sold by
Kolandjian Elizabeth J
Bought by
Orlando Kathleen and Orlando Jacqueline S
Purchase Details
Closed on
Mar 17, 1995
Sold by
Kolandjian Mihran Sarkis and Kolandjian Elizabeth Jinjinian
Bought by
Kolandjian Elizabeth J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zervalis Gregory | $705,000 | None Listed On Document | |
| Lim Investment Group | $535,000 | Sage Premier Settlements | |
| Orlando Kathleen | -- | None Available | |
| Orlando Kathleen | -- | None Available | |
| Orlando Kathleen | -- | None Available | |
| Orlando Kathleen | -- | -- | |
| Orlando Kathleen | -- | -- | |
| Kolandjian Elizabeth J | -- | Stewart Title Guaranty Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zervalis Gregory | $910,000 | |
| Closed | Zervalis Gregory | $528,750 | |
| Previous Owner | Orlando Kathleen | $30,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2022 05/19/22 | Sold | $705,000 | +0.7% | $184 / Sq Ft |
| 04/07/2022 04/07/22 | Pending | -- | -- | -- |
| 04/02/2022 04/02/22 | For Sale | $700,000 | +30.8% | $183 / Sq Ft |
| 05/10/2019 05/10/19 | Sold | $535,000 | -2.7% | $140 / Sq Ft |
| 02/26/2019 02/26/19 | Pending | -- | -- | -- |
| 02/20/2019 02/20/19 | For Sale | $549,900 | -- | $144 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $14,171 | $504,170 | $96,350 | $407,820 |
| 2023 | $13,645 | $504,170 | $96,350 | $407,820 |
| 2022 | $13,350 | $504,170 | $96,350 | $407,820 |
| 2021 | $20,674 | $504,170 | $96,350 | $407,820 |
| 2020 | $10,664 | $235,340 | $46,320 | $189,020 |
| 2019 | $10,414 | $235,340 | $46,320 | $189,020 |
| 2018 | $10,265 | $235,340 | $0 | $0 |
| 2017 | $10,027 | $235,340 | $0 | $0 |
| 2016 | $1,292 | $235,340 | $0 | $0 |
| 2015 | $1,292 | $235,340 | $0 | $0 |
| 2014 | $1,292 | $235,340 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Stephen Stout
Keller Williams Real Estate - Media
(858) 449-1569
2 in this area
118 Total Sales
-
Seller's Agent in 2019
Jerry Hill
Homestarr Realty
(267) 242-9172
1 in this area
270 Total Sales
Map
Source: Bright MLS
MLS Number: PADE2021756
APN: 42-00-04673-07
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