NOT LISTED FOR SALE

625 Merchant St Coatesville, PA 19320

Estimated Value: $213,000 - $235,902

4 Beds
2 Baths
1,450 Sq Ft
$153/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $171,000 $118 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,401/month

3 Days on Market

Highlights

  • 0.24 Acre Lot
  • Shed
  • Electric Baseboard Heater
  • No HOA

About This Home

As of February 2021

Perfect opportunity to live in one unit and rent out the other unit!! Larger unit is 3 bedrooms 1 bathroom and current rent is $900 but can easily be rented for more. Second unit is a one bedroom one bathroom unit with current rent at $695. Home offers nice sized lot and off street parking for 3+ cars. Larger unit is oil heat with electric baseboard back up heat and smaller unit is electric heat. Water is currently included in monthly rent and each tenant pays electric & heating. Both units are currently occupied and would like to stay if possible.

Last Agent to Sell the Property

Norma Ocampo

RE/MAX Excellence - Kennett Square License #RS332796 Listed on: 01/22/2021

RE/MAX Excellence - Kennett Square

Last Buyer's Agent

Joseph Fisher

Stoltzfus Realty License #RS352328

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,244

Year Built

  • Built in 1900

Lot Details

  • 10,454

Home Design

  • Semi-Detached or Twin Home
  • Aluminum Siding
  • Stucco

Interior Spaces

  • 1,450 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces
  • Off-Street Parking

Utilities

  • Radiator
  • Heating System Uses Oil
  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • Shed
  • Property is in good condition

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0184
  • Assessor Parcel Number 16-02 -0184

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,244

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Remarks Public: Perfect opportunity to live in one unit and rent out the other unit!! Larger unit is 3 bedrooms 1 bathroom and current rent is $900 but can easily be rented for more. Second unit is a one bedroom one bathroom unit with current rent at $695. Home offers nice sized lot and off street parking for 3+ cars. Larger unit is oil heat with electric baseboard back up heat and smaller unit is electric heat. Water is currently included in monthly rent and each tenant pays electric & heating. Both units are currently occupied and would like to stay if possible.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1450
  • Living Area Sq Ft: 1450
  • Price Per Sq Ft: 117.24
  • Above Grade Finished Sq Ft: 1450
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 625

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Stucco, Aluminum Siding
  • Exterior Features: Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Off Street
  • Number of Spaces in Driveway: 3

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: COATESVILLE AREA
  • School District Key: 300200397336
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 25720.00
  • Land Assessed Value: 13990.00
  • Land Use Code: R20
  • Lot Size Acres: 0.24
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10500.00
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Green Features

  • Clean Green Assessed: No

Rental Info

  • Lease Considered: No
  • Total Actual Rent: 1595.00
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 242806
  • School Tax: 1517.00
  • Tax Annual Amount: 2244.00
  • Assessor Parcel Number: 16-02 -0184
  • Tax Lot: 0184
  • Tax Total Finished Sq Ft: 1450
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2021
  • Close Date: 02/26/2021

MLS Schools

  • School District Name: COATESVILLE AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Feb 25, 2021
Sold by
Ocampo Aaron and Ocampo Alejandra
Bought by
Petersheim Michael K and Petersheim Kathryn S
Seller's Agent
Norma Ocampo
RE/MAX Excellence - Kennett Square
Buyer's Agent
Joseph Fisher
Stoltzfus Realty
List Price
$170,000
Sold Price
$171,000
Premium/Discount to List
$1,000
0.59%
Current Estimated Value
$222,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,301
Avg. Annual Appreciation
5.13%
Original Mortgage
$136,800
Interest Rate
3.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 13, 2006
Sold by
Johnson Willie D
Bought by
Ocampo Aaron and Ocampo Alejandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
6.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 29, 2005
Sold by
Nappi James
Bought by
Johnson Willie D

Purchase Details

Closed on
Apr 30, 2002
Sold by
Bermudez Maria R
Bought by
Nappi James

Purchase Details

Closed on
Jun 15, 1998
Sold by
Bermudez Miguel A
Bought by
Bermudez Maria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,700
Interest Rate
7.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 1994
Sold by
Borrelli Yolanda and Bermudez Miguel A
Bought by
Bermudez Miguel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
9.23%
Mortgage Type
Commercial
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
Petersheim Michael K $171,000 Premier Settlements Inc
Ocampo Aaron $133,000 None Available
Johnson Willie D $110,000 None Available
Nappi James $74,000 T A Title Insurance Company
Bermudez Maria R -- --
Bermudez Miguel A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petersheim Michael K $136,800
Previous Owner Ocampo Aaron $98,000
Previous Owner Ocampo Aaron $106,400
Previous Owner Nappi James $104,400
Previous Owner Bermudez Maria R $56,700
Previous Owner Bermudez Miguel A $47,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $171,000 +0.6% $118 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $170,000 -- $117 / 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 $2,388 $39,710 $13,990 $25,720
2024 $2,388 $39,710 $13,990 $25,720
2023 $2,364 $39,710 $13,990 $25,720
2022 $2,303 $39,710 $13,990 $25,720
2021 $2,244 $39,710 $13,990 $25,720
2020 $2,237 $39,710 $13,990 $25,720
2019 $2,179 $39,710 $13,990 $25,720
2018 $2,106 $39,710 $13,990 $25,720
2017 $2,049 $39,710 $13,990 $25,720
2016 $1,683 $39,710 $13,990 $25,720
2015 $1,683 $39,710 $13,990 $25,720
2014 $1,683 $39,710 $13,990 $25,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT528112

Bright MLS

APN: 16-002-0184.0000