Seller's Agent in 2021
Florence Bazhaw
Keller Williams Real Estate - Media
(610) 322-1999
1 in this area
86 Total Sales
Estimated Value: $226,000 - $349,575
--
Bed
3
Baths
2,148
Sq Ft
$139/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Wood Flooring
- 1 Fireplace
- Deck
- Main Floor Bedroom
- 5-minute walk to Collingdale Park
About This Home
As of December 2021BUY WITH CONFIDENCE! This Triplex was professionally rehabbed in 2017, with updated electric and new service panels for each unit, new plumbing and hot water heaters for each unit, new fixtures and stoves for each unit, new baseboard heat throughout, completely painted ceilings, walls, trim, floor, and exterior fire escape. In 2019, 2 split unit ductless A/C units were installed on the 1st floor, roof was coated, new tub surrounds and fixtures installed in units and in Sept 2021 the sewer line was completely replaced from house to main. There are hardwood floors throughout and the tenants pay their own utilities. All of the work has been done and the building is completely occupied with zero vacancies during ownership. This is a turn-key investment, with paying, long-term tenants that has amazing cash-flow right out of the gate. The seller has a list of all the rehab, up-grade work, and a complete list of all monthly expenses. The yearly rents currently bring in $28,650 a year and the leases are due for rent increases. With the new rent growth, the current rents are well below market value. Triplexes are hard to come by and this one is an amazing investment and in great condition. There is a laundromat and eateries directly across the street and it is right by public transportation, as well. It has proven to be a great location for renters and will not last long.
Last Agent to Sell the Property
Keller Williams Real Estate - Media Listed on: 10/10/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,491
Year Built
- Built in 1910 | Remodeled in 2017
Lot Details
- 3,136 Sq Ft Lot
- Lot Dimensions are 27.00 x 120.00
- Level Lot
- Back and Front Yard
- Property is in excellent condition
Parking
- On-Street Parking
Home Design
- Triplex
- Colonial Architecture
- Stone Foundation
- Pitched Roof
- Stone Siding
Interior Spaces
- Main Floor Bedroom
- 2,148 Sq Ft Home
- Ceiling height of 9 feet or more
- Ceiling Fan
- 1 Fireplace
- Stained Glass
Kitchen
- Eat-In Kitchen
- Cooktop with Range Hood
Flooring
- Wood
- Tile or Brick
- Vinyl
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Outdoor Features
- Deck
- Porch
Schools
- Academy Park High School
Utilities
- Window Unit Cooling System
- Zoned Heating and Cooling System
- Electric Baseboard Heater
- 200+ Amp Service
- Electric Water Heater
Listing and Financial Details
- The owner pays for insurance, sewer, trash collection, real estate taxes, water, electricity
- Tax Lot 182-000
- Assessor Parcel Number 11-00-01722-00
Community Details
Overview
- 3 Units
- 3-Story Building
Building Details
- Income includes apartment rentals
- Operating Expense $8,004
- Net Operating Income $19,745
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 10, 2021
Closed on
Nov 23, 2021
Sold by
Captain Buoy Enterprises Llc
Bought by
Carbajal Jesus Alejo
Seller's Agent
Florence Bazhaw
Keller Williams Real Estate - Media
Buyer's Agent
Liz Howell
Keller Williams Real Estate-Langhorne
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%
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
$48,394
Avg. Annual Appreciation
4.35%
Original Mortgage
$245,471
Outstanding Balance
$228,019
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$64,424
Purchase Details
Closed on
Mar 18, 2017
Sold by
Moon Investments Llc
Bought by
Captain Buoy Enterprises Llc
Purchase Details
Listed on
Aug 3, 2016
Closed on
Nov 18, 2016
Sold by
Wilmington Trust Na
Bought by
Moon Investments Llc
Seller's Agent
Mitchell Cohen
Premier Real Estate Inc
Buyer's Agent
NICOLE FARRELL
Sureway Realty
List Price
$67,600
Sold Price
$60,025
Premium/Discount to List
-$7,575
-11.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.91%
Purchase Details
Listed on
Aug 3, 2016
Closed on
Oct 19, 2016
Sold by
Gilbert Mary Ann
Bought by
Wilmington Trust and Citibank Na
Seller's Agent
Mitchell Cohen
Premier Real Estate Inc
Buyer's Agent
NICOLE FARRELL
Sureway Realty
List Price
$67,600
Sold Price
$60,025
Premium/Discount to List
-$7,575
-11.21%
Purchase Details
Closed on
Mar 27, 2006
Sold by
Ahearn Russell J and Ahearn Deborah A
Bought by
Gilbert Mary Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 10, 1997
Sold by
Munro James M and Munro John J
Bought by
Ahearn Russell J and Ahearn Deborah A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,900
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Carbajal Jesus Alejo | $250,000 | Bucks Cnty Abstract Svcs Llc | |
| Captain Buoy Enterprises Llc | $60,025 | None Available | |
| Moon Investments Llc | $60,025 | None Available | |
| Wilmington Trust | $200,100 | None Available | |
| Gilbert Mary Ann | $165,000 | None Available | |
| Ahearn Russell J | $67,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Carbajal Jesus Alejo | $245,471 | |
| Previous Owner | Captain Buoy Enterprises Llc | $106,875 | |
| Previous Owner | Gilbert Mary Ann | $123,750 | |
| Previous Owner | Ahearn Russell J | $46,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/06/2021 12/06/21 | Sold | $250,000 | 0.0% | $116 / Sq Ft |
| 10/18/2021 10/18/21 | Pending | -- | -- | -- |
| 10/10/2021 10/10/21 | For Sale | $249,900 | +316.3% | $116 / Sq Ft |
| 11/22/2016 11/22/16 | Sold | $60,025 | -11.2% | $28 / Sq Ft |
| 10/20/2016 10/20/16 | Pending | -- | -- | -- |
| 08/03/2016 08/03/16 | For Sale | $67,600 | -- | $31 / 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 | $4,796 | $105,900 | $23,990 | $81,910 |
| 2023 | $4,669 | $105,900 | $23,990 | $81,910 |
| 2022 | $4,491 | $105,900 | $23,990 | $81,910 |
| 2021 | $6,186 | $105,900 | $23,990 | $81,910 |
| 2020 | $3,947 | $62,100 | $17,330 | $44,770 |
| 2019 | $3,805 | $62,100 | $17,330 | $44,770 |
| 2018 | $3,721 | $62,100 | $0 | $0 |
| 2017 | $3,652 | $62,100 | $0 | $0 |
| 2016 | $341 | $62,100 | $0 | $0 |
| 2015 | $341 | $62,100 | $0 | $0 |
| 2014 | $341 | $62,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Liz Howell
Keller Williams Real Estate-Langhorne
(267) 306-9664
1 in this area
52 Total Sales
-
Seller's Agent in 2016
Mitchell Cohen
Premier Real Estate Inc
(215) 732-5520
1 in this area
218 Total Sales
-
N
Buyer's Agent in 2016
NICOLE FARRELL
Sureway Realty
(610) 888-3064
2 Total Sales
Map
Source: Bright MLS
MLS Number: PADE2009054
APN: 11-00-01722-00
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