NOT LISTED FOR SALE

637 Merchant St Coatesville, PA 19320

Estimated Value: $182,000 - $202,000

4 Beds
1 Bath
1,652 Sq Ft
$118/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $71,500 $43 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $1,312/month

1 Day on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Hot Water Heating System

About This Home

As of March 2021

INVESTOR opportunity! 4 Bedroom Twin within 3 blocks of the new train station. This property needs work but it is not prohibitive. There is a summary of the condition of the property in the on-line documents along with the property disclosure. This property should rent for between $1,400 and $1,600 when repaired. The property is being sold As Is and the buyer will be responsible for any U&O or resale requirements. Listing agent has financial interest in the property.

Last Agent to Sell the Property

Janine McVeigh

Keller Williams Real Estate -Exton License #RS316500 Listed on: 02/14/2021

Keller Williams Real Estate -Exton

Co-Listed By

Thomas McVeigh

Keller Williams Real Estate -Exton

Last Buyer's Agent

Karen Sparano

Clear Sky Real Estate & Consulting, Inc.

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1900

Lot Details

  • 2,444 Sq Ft Lot
  • Property is in below average condition

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Asphalt Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,652 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 1 Full Bathroom

Utilities

  • Heating System Uses Oil
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Building Winterized
  • Penn Crossing Subdivision

Listing and Financial Details

  • Tax Lot 0187
  • Assessor Parcel Number 16-02 -0187

Townhouse Details

Home Type

Townhome

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-02-14
  • Federal Flood Zone: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: INVESTOR opportunity! 4 Bedroom Twin within 3 blocks of the new train station. This property needs work but it is not prohibitive. There is a summary of the condition of the property in the on-line documents along with the property disclosure. This property should rent for between $1,400 and $1,600 when repaired. The property is being sold As Is and the buyer will be responsible for any U&O or resale requirements. Listing agent has financial interest in the property.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Levels Count: 2
  • Room Count: 8
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1652
  • Living Area Sq Ft: 1652
  • Price Per Sq Ft: 41.16
  • Above Grade Finished Sq Ft: 1652
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 637

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 26800.00
  • Land Assessed Value: 9480.00
  • Land Use Code: R20
  • Lot Size Acres: 0.06
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2444.00
  • Property Condition: Below Average
  • Year Assessed: 2021
  • Zoning: R20

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 242809
  • School Tax: 1386.00
  • Tax Annual Amount: 2050.00
  • Assessor Parcel Number: 16-02 -0187
  • Tax Lot: 0187
  • Tax Total Finished Sq Ft: 1652
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 03/12/2021

MLS Schools

  • School District Name: COATESVILLE AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2022
Sold by
Housing Partnership Of Chester County In
Bought by
Castle-Beswick Christine
Current Estimated Value
$194,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Outstanding Balance
$19,172
Interest Rate
5.51%
Estimated Equity
$175,318

Purchase Details

Listed on
Feb 14, 2021
Closed on
Mar 8, 2021
Sold by
Beacon Associates Llc
Bought by
Housing Partnership Of Chester Cnty Inc
Seller's Agent
Janine McVeigh
Keller Williams Real Estate -Exton
Buyer's Agent
Karen Sparano
Clear Sky Real Estate & Consulting, Inc.
List Price
$68,000
Sold Price
$71,500
Premium/Discount to List
$3,500
5.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.97%

Purchase Details

Closed on
Jan 20, 2004
Sold by
Brown Joseph and Brown Geraldine
Bought by
Beacon Associates Llc

Purchase Details

Closed on
Jun 6, 1997
Sold by
Groce Gail M and Johnson Mattie Rose
Bought by
Brown Joseph and Brown Geraldine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,900
Interest Rate
7.98%
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
Castle-Beswick Christine $160,000 None Listed On Document
Housing Partnership Of Chester Cnty Inc $71,500 None Available
Beacon Associates Llc $30,000 --
Brown Joseph $37,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castle-Beswick Christine $20,000
Open Castle-Beswick Christine $145,200
Previous Owner Beacon Associates Llc $55,000
Previous Owner Brown Joseph $27,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $71,500 +5.1% $43 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/14/2021 02/14/21 For Sale $68,000 -- $41 / 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 $3,132 $52,090 $9,480 $42,610
2024 $3,132 $52,090 $9,480 $42,610
2023 $3,101 $52,090 $9,480 $42,610
2022 $2,104 $36,280 $9,480 $26,800
2021 $2,050 $36,280 $9,480 $26,800
2020 $2,044 $36,280 $9,480 $26,800
2019 $1,991 $36,280 $9,480 $26,800
2018 $1,924 $36,280 $9,480 $26,800
2017 $1,872 $36,280 $9,480 $26,800
2016 $1,537 $36,280 $9,480 $26,800
2015 $1,537 $36,280 $9,480 $26,800
2014 $1,537 $36,280 $9,480 $26,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT528920

Bright MLS

APN: 16-002-0187.0000