NOT LISTED FOR SALE

602 S Walnut St West Chester, PA 19382

Estimated Value: $776,097 - $1,002,000

-- Bed
3 Baths
3,557 Sq Ft
$244/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $690,000 $194 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,088/month

Highlights

  • Traditional Architecture
  • No HOA
  • Property is in excellent condition
  • Westtown-Thornbury Elementary School Rated A
  • Electric Baseboard Heater

About This Home

As of May 2021

Welcome to this fantastically appointed 2 unit twin home right in the heart of West Chester Borough Located 4 blocks to town center, the property is well appointed with fantastic location within a strong rental market. Private parking lot in the rear of the property allows for parking up to 4 vehicles off-street. Unit 1 is ground floor entry, 3 bed 2 and 1/2 baths with a finished living room in the lower level. Fantastic kitchen with solid wood white shaker cabinets and quartz countertops and new Frigidaire appliances. LED lighting throughout with electric baseboard heat. Unit 2 is located on the 2nd and 3rd floor of the building. Featuring a spacious 4 bedrooms and 1 and a 1/2 bathroom, this unit provides ample room throughout with a fantastic living room. Similar to the 1st floor unit, this residence also features an updated kitchen with white shake cabinets, quartz counters and new appliances. LED lighting throughout provides ample savings to the electric bill while featuring modern lighting throughout. Each units features separate electric, baseboard heating and provisions for window ac units for spring/summer time air conditioning. This unique 2 unit located ideally suited on the 600 Block of S. Walnut St is ideally located in a strong multi-family rental market- where the building has been well appointed with many upgrades.

Last Agent to Sell the Property

Charlie Walsh

(610) 888-7948 cwalsh@pillarrealestateadvisors.com Pillar Real Estate Advisors License #RS329699 Listed on: 03/08/2021

Last Buyer's Agent

Paul Lott

(610) 812-7359 PaulLott@kw.com Keller Williams Real Estate - West Chester License #RS298201

Keller Williams Real Estate - West Chester

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,013

Year Built

  • Built in 1900 | Remodeled in 2019

Lot Details

  • 2,904 Sq Ft Lot
  • Property is in excellent condition

Home Design

  • Duplex
  • Traditional Architecture
  • Vinyl Siding

Parking

  • 4 Parking Spaces
  • 4 Off-Street Spaces

Schools

  • Westtown-Thornbury Elementary School
  • Stetson Middle School
  • West Chester East High School

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • Finished Basement

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 1232
  • Assessor Parcel Number 01-09 -1232

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,013

Year Built

Built in 1900 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Year Renovated: 2019
  • Automatically Close On Close Date: Yes
  • Remarks Public: Welcome to this fantastically appointed 2 unit twin home right in the heart of West Chester Borough Located 4 blocks to town center, the property is well appointed with fantastic location within a strong rental market. Private parking lot in the rear of the property allows for parking up to 4 vehicles off-street. Unit 1 is ground floor entry, 3 bed 2 and 1/2 baths with a finished living room in the lower level. Fantastic kitchen with solid wood white shaker cabinets and quartz countertops and new Frigidaire appliances. LED lighting throughout with electric baseboard heat. Unit 2 is located on the 2nd and 3rd floor of the building. Featuring a spacious 4 bedrooms and 1 and a 1/2 bathroom, this unit provides ample room throughout with a fantastic living room. Similar to the 1st floor unit, this residence also features an updated kitchen with white shake cabinets, quartz counters and new appliances. LED lighting throughout provides ample savings to the electric bill while featuring modern lighting throughout. Each units features separate electric, baseboard heating and provisions for window ac units for spring/summer time air conditioning. This unique 2 unit located ideally suited on the 600 Block of S. Walnut St is ideally located in a strong multi-family rental market- where the building has been well appointed with many upgrades.
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3627
  • Living Area Sq Ft: 3557
  • Price Per Sq Ft: 308.73
  • Above Grade Finished Sq Ft: 2267
  • Below Grade Finished Sq Ft: 1290
  • Below Grade Sq Ft: 70
  • Total Below Grade Sq Ft: 1360
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 602

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: WEST CHESTER AREA
  • Elementary School: WESTTOWN-THORNBURY
  • Middle School: STETSON
  • High School: WEST CHESTER EAST
  • School District Key: 300200397342
  • Elementary School: WESTTOWN-THORNBURY
  • High School: WEST CHESTER EAST
  • Middle Or Junior School: STETSON

Lot Info

  • Improvement Assessed Value: 81680.00
  • Land Assessed Value: 37710.00
  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2904.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: NC2

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 223437
  • School Tax: 2586.00
  • Tax Annual Amount: 4013.00
  • Assessor Parcel Number: 01-09 -1232
  • Tax Lot: 1232
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/27/2021

MLS Schools

  • School District Name: WEST CHESTER AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
May 28, 2021
Sold by
Oconnell Management Llc
Bought by
Kelly Investment Properties Llc
Seller's Agent
Charlie Walsh
Pillar Real Estate Advisors
Buyer's Agent
Paul Lott
Keller Williams Real Estate - West Chester
List Price
$699,900
Sold Price
$690,000
Premium/Discount to List
-$9,900
-1.41%
Current Estimated Value
$866,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,274
Avg. Annual Appreciation
4.00%
Original Mortgage
$517,500
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2020
Sold by
Makke Kimberly A
Bought by
Oconnell Management Llc

Purchase Details

Closed on
Jun 30, 2005
Sold by
Saddic Bonnie
Bought by
Saddic Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.71%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 25, 1995
Sold by
Saddic Theodore G and Saddic Bonnie J
Bought by
Saddic Bonnie
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
Kelly Investment Properties Llc $690,000 Keystone Premier Setmnt Svcs
Oconnell Management Llc $400,000 None Available
Saddic Kimberly A $300,000 --
Saddic Bonnie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelly Investment Properties Llc $517,500
Previous Owner Saddic Kimberly A $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $690,000 -1.4% $194 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $699,900 -- $197 / 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 $5,940 $169,330 $37,700 $131,630
2024 $5,940 $169,330 $37,700 $131,630
2023 $5,874 $169,330 $37,700 $131,630
2022 $4,096 $119,390 $37,710 $81,680
2021 $4,013 $119,390 $37,710 $81,680
2020 $3,939 $119,390 $37,710 $81,680
2019 $3,892 $119,390 $37,710 $81,680
2018 $3,822 $119,390 $37,710 $81,680
2017 $3,752 $119,390 $37,710 $81,680
2016 $2,665 $119,390 $37,710 $81,680
2015 $2,665 $119,390 $37,710 $81,680
2014 $2,665 $119,390 $37,710 $81,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT529574

Bright MLS

APN: 01-009-1232.0000