NOT LISTED FOR SALE

516 Pennsylvania Ave Avondale, PA 19311

Estimated Value: $331,000

-- Bed
5 Baths
2,708 Sq Ft
$122/Sq Ft Est. Value

Last Sold December 12, 2014

Last sale price $200,000 $74 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,299/month

133 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Oil
  • Fred S Engle Middle School Rated A-
  • Laundry Facilities

About This Home

As of December 2014

3 Unit Investment in the heart of Avondale. Rent 2 units, live in the other, First floor unit is 2 Bedroom, 1 Bath, over sized living room with lots of natural light, huge dining room with original pocket doors and original built-ins, kitchen and covered front porch. 2nd floor unit is 3 Bedroom, 1 bath, large eat in kitchen, foyer. 3rd floor unit is 1 bedroom, 1 bath, living room and kitchen. Units 2 and 3 share a common hallway. Original carriage house now used as a storage shed is included and has electric. Coin operated laundry in basement. Each unit has own electric, hot water and heat. Landlord pays common area electric,water, sewer, snow and grass. Trash in included in water/sewer bill. Large parking lot is shared with 520 Pennsylvania Ave, also for sale. MLS #6413114 Both buildings have own driveway and sidewalks. Good solid investment opportunity, great location! Minutes from shopping, restaurants, Rt. 1 bypass, Rt 41, RT 7 to Delaware. Call listing agent with questions.

Last Agent to Sell the Property

Becky Burnham

RE/MAX Excellence - Kennett Square License #RS0020186 Listed on: 06/20/2014

RE/MAX Excellence - Kennett Square

Last Buyer's Agent

Sue Todd

RE/MAX Excellence - Kennett Square License #RS-284394

RE/MAX Excellence - Kennett Square

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,802

Year Built

  • Built in 1900

Lot Details

  • 0.46 Acre Lot

Home Design

  • Triplex
  • Brick Exterior Construction
  • Stone Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,708 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Parking Lot

Schools

  • Penn London Elementary School
  • Fred S. Engle Middle School
  • Avon Grove High School

Utilities

  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 0022
  • Assessor Parcel Number 04-01 -0022

Community Details

Building Details

  • Electric Expense $578
  • Insurance Expense $1,700
  • Maintenance Expense $850
  • Other Expense $185
  • Operating Expense $10,362

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,802

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 185.00
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone, Concrete Perimeter
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Common
  • Total Sq Ft: 2708
  • Living Area Sq Ft: 2708
  • Price Per Sq Ft: 84.90
  • Above Grade Finished Sq Ft: 2708
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 5
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Electric Expense: 578.00
  • Heating Fuel: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 2348.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: AVON GROVE
  • Elementary School: PENN LONDON
  • Middle School: FRED S. ENGLE
  • High School: AVON GROVE
  • School District Key: 300200397334
  • Elementary School: PENN LONDON
  • High School: AVON GROVE
  • Middle Or Junior School: FRED S. ENGLE

Lot Info

  • Improvement Assessed Value: 98410.00
  • Land Assessed Value: 36230.00
  • Land Use Code: R20
  • Lot Size Acres: 0.46
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19845.00
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 30000.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 227158
  • Tax Annual Amount: 4802.00
  • Assessor Parcel Number: 04-01 -0022
  • Tax Lot: 0022
  • Tax Year: 2014
  • Close Date: 12/12/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2014
Closed on
Nov 13, 2014
Sold by
Pyle Jeffrey R and Pyle Terry P
Bought by
Grande David and Grande Angela
Seller's Agent
Becky Burnham
RE/MAX Excellence - Kennett Square
Buyer's Agent
Sue Todd
RE/MAX Excellence - Kennett Square
List Price
$229,900
Sold Price
$200,000
Premium/Discount to List
-$29,900
-13.01%
Current Estimated Value
$331,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,000
Avg. Annual Appreciation
4.81%
Original Mortgage
$150,000
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 31, 2001
Sold by
Rickabaugh Herline
Bought by
Pyle Jeffrey R and Pyle Terry P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.05%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Grande David $200,000 None Available
Pyle Jeffrey R $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grande David $150,000
Previous Owner Pyle Jeffrey R $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2014 12/12/14 Sold $200,000 -13.0% $74 / Sq Ft
10/31/2014 10/31/14 Pending -- -- --
06/20/2014 06/20/14 For Sale $229,900 0.0% $85 / Sq Ft
12/01/2013 12/01/13 Rented $600 0.0% --
11/30/2013 11/30/13 Under Contract -- -- --
11/23/2013 11/23/13 For Rent $600 -29.4% --
09/14/2012 09/14/12 Rented $850 0.0% --
08/31/2012 08/31/12 Under Contract -- -- --
08/29/2012 08/29/12 For Rent $850 -- --
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 $5,992 $134,640 $36,230 $98,410
2024 $5,992 $134,640 $36,230 $98,410
2023 $5,877 $134,640 $36,230 $98,410
2022 $5,799 $134,640 $36,230 $98,410
2021 $5,555 $134,640 $36,230 $98,410
2020 $5,383 $134,640 $36,230 $98,410
2019 $5,259 $134,640 $36,230 $98,410
2018 $5,135 $134,640 $36,230 $98,410
2017 $5,037 $134,640 $36,230 $98,410
2016 $4,059 $134,640 $36,230 $98,410
2015 $4,059 $134,640 $36,230 $98,410
2014 $4,059 $134,640 $36,230 $98,410
Source: Public Records

Agents Affiliated with this Home

  • Becky Burnham

    Seller's Agent in 2014

    Becky Burnham

    RE/MAX

    (484) 643-2405

    21 Total Sales

    Becky Burnham
    Section Image
  • Sue Todd

    Buyer's Agent in 2014

    Sue Todd

    RE/MAX

    (610) 659-1631

    64 Total Sales

    Sue Todd
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002979808

Bright MLS

APN: 04-001-0022.0000

Pennsylvania Chester County Avondale 19311

516 Pennsylvania Ave, Avondale, PA

This home is located at 516 Pennsylvania Ave, Avondale, PA 19311 since 20 June 2014 and is currently estimated at $331,000, approximately $122 per square foot. This property was built in 1900. 516 Pennsylvania Ave is a home located in Chester County with nearby schools including Penn London Elementary School, Avon Grove Intermediate School, and Fred S Engle Middle School.

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