NOT LISTED FOR SALE

512 Corinthian Ave Essington, PA 19029

Estimated Value: $327,183 - $387,000

-- Bed
2 Baths
2,016 Sq Ft
$174/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $276,000 $137 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,379/month

17 Days on Market

Highlights

  • Corner Lot
  • Ceramic Tile Flooring
  • Forced Air Heating and Cooling System

About This Home

As of December 2021

Great Multi-Family opportunity for Investor or Owner Occupant ! Large Detached Corner Property located in Essington. Both units are currently occupied by long term tenants and feature 2 Spacious Bedrooms, 1 Full Bath and a Large Open Living Room with Dining Area. Each Unit has its own separate entrance, HVAC system, water heater, laundry area and private driveway parking. New Roof (3-31-21), New Interior/Exterior Electrical Service (2020) SEE DOCUMENTS, New driveway aprons and a newer first floor kitchen remodel with appliances. Conveniently located to Center City Philadelphia, Airport, I-95, Rt.476, The John Heinz National Wildlife Refuge and Trail, Schools and Shopping.

Last Agent to Sell the Property

Joseph Dougherty

Long & Foster Real Estate, Inc. License #RS341681 Listed on: 10/14/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Gregory Davis

VRA Realty License #RS-278844

VRA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,485

Year Built

  • Built in 1985

Lot Details

  • 4,835 Sq Ft Lot
  • Lot Dimensions are 41.00 x 106.00
  • Corner Lot
  • Property is in average condition

Home Design

  • Duplex
  • Block Foundation
  • Slab Foundation
  • Architectural Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,016 Sq Ft Home
  • Crawl Space

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking
  • 2 Assigned Parking Spaces

Schools

  • Tinicum Elementary And Middle School
  • Interboro Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 084-000
  • Assessor Parcel Number 45-00-00278-61

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,485

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Property, Washer/Dryer 2nd Floor Unit
  • Historic: No
  • Home Warranty: No
  • Inclusions: Outside Shed in As-Is Condition. All other items-Negotiable.
  • New Construction: No
  • Expected On Market: 2021-10-15
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Great Multi-Family opportunity for Investor or Owner Occupant ! Large Detached Corner Property located in Essington. Both units are currently occupied by long term tenants and feature 2 Spacious Bedrooms, 1 Full Bath and a Large Open Living Room with Dining Area. Each Unit has its own separate entrance, HVAC system, water heater, laundry area and private driveway parking. New Roof (3-31-21), New Interior/Exterior Electrical Service (2020) SEE DOCUMENTS, New driveway aprons and a newer first floor kitchen remodel with appliances. Conveniently located to Center City Philadelphia, Airport, I-95, Rt.476, The John Heinz National Wildlife Refuge and Trail, Schools and Shopping.
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Ceramic Tile, Laminated
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block, Crawl Space, Slab
  • Basement: No
  • Total Sq Ft: 2016
  • Living Area Sq Ft: 2016
  • Price Per Sq Ft: 131.40
  • Above Grade Finished Sq Ft: 2016
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 512

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District: INTERBORO
  • Elementary School: TINICUM
  • Middle School: TINICUM
  • High School: INTERBORO SENIOR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397355
  • School District Source: Listing Agent
  • Elementary School: TINICUM
  • High School: INTERBORO SENIOR
  • Middle Or Junior School: TINICUM

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 146610.00
  • Land Assessed Value: 33190.00
  • Land Use Code: R-20
  • Lot Features: Corner
  • Lot Size Acres: 0.11
  • Lot Dimensions: 41.00 x 106.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4835.00
  • Property Condition: Average
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL
  • Zoning Description: R-20 Two Family

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 568847
  • School Tax: 4407.00
  • Tax Annual Amount: 5485.00
  • Assessor Parcel Number: 45-00-00278-61
  • Tax Lot: 084-000
  • Tax Total Finished Sq Ft: 2016
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 12/20/2021

MLS Schools

  • School District Name: INTERBORO

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Dec 15, 2021
Sold by
Terra Thomas A and Terra Christine N
Bought by
Arnot Robert and Arnot James R
Seller's Agent
Joseph Dougherty
Long & Foster Real Estate, Inc.
Buyer's Agent
Gregory Davis
VRA Realty
List Price
$264,900
Sold Price
$276,000
Premium/Discount to List
$11,100
4.19%
Current Estimated Value
$350,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,296
Avg. Annual Appreciation
6.69%
Original Mortgage
$271,000
Outstanding Balance
$249,760
Interest Rate
3.11%
Mortgage Type
FHA
Estimated Equity
$100,536
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
Arnot Robert $276,000 Vanguard Stlmts Svcs Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnot Robert $271,000
Previous Owner Terra Thomas A $82,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $276,000 +4.2% $137 / Sq Ft
10/14/2021 10/14/21 For Sale $264,900 -- $131 / 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 $5,683 $179,800 $33,190 $146,610
2024 $5,683 $179,800 $33,190 $146,610
2023 $5,589 $179,800 $33,190 $146,610
2022 $5,485 $179,800 $33,190 $146,610
2021 $8,125 $179,800 $33,190 $146,610
2020 $4,818 $102,430 $23,710 $78,720
2019 $4,810 $102,430 $23,710 $78,720
2018 $4,716 $102,430 $0 $0
2017 $4,601 $102,430 $0 $0
2016 $562 $102,430 $0 $0
2015 $562 $102,430 $0 $0
2014 $562 $102,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2000529

Bright MLS

APN: 45-00-00278-61