64 E Spring Ave Ardmore, PA 19003
Estimated Value: $246,000 - $541,000
3
Beds
2
Baths
1,600
Sq Ft
$220/Sq Ft
Est. Value
Highlights
- Deck
- Traditional Architecture
- Hot Water Heating System
- Penn Valley School Rated A+
- No HOA
About This Home
As of May 2023Unique rehab opportunity in Ardmore just a few blocks from Lancaster Ave and Suburban Square. Currently set up as a legal non-conforming single-family home. Zoned VC which requires ground floor commercial use. Needs total rehab but offers tons of potential. Enter the first floor living area with original high tin ceilings, full bath & eat-in kitchen. Rear door leads to a large, fenced yard. 3 bedrooms upstairs with hall bath and door to back deck. Unfinished basement with mechanicals for additional storage. Great investment opportunity to rehab and retain as a single-family home. Or convert to commercial downstairs with apartment above. Ideal for straight investment or run your business downstairs and live/rent upstairs for additional income. Commercial use may require zoning relief since property is non-conforming to off-street parking requirements. Phenomenal price point and rare opportunity in such a coveted Ardmore location so close to Lancaster Ave. Will not last, schedule your showing today!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,768
Year Built
- Built in 1910
Lot Details
- 1,439 Sq Ft Lot
- Lot Dimensions are 20.00 x 0.00
Parking
- On-Street Parking
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Stone Foundation
Interior Spaces
- 1,600 Sq Ft Home
- Property has 2 Levels
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
Outdoor Features
- Deck
Schools
- Penn Valley Elementary School
- Welsh Valley Middle School
- Lower Merion High School
Utilities
- Radiator
- Hot Water Heating System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Ardmore Subdivision
Listing and Financial Details
- Tax Lot 101
- Assessor Parcel Number 40-00-55568-003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 30, 2023
Closed on
Jul 11, 2023
Sold by
191 & Company Llc
Bought by
Signature Holdings Group Llc
Seller's Agent
Bryan Capone
KW Empower
Buyer's Agent
Lauren Leithead
Compass RE
List Price
$280,000
Sold Price
$225,000
Premium/Discount to List
-$55,000
-19.64%
Total Days on Market
20
Views
132
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
$126,400
Avg. Annual Appreciation
23.90%
Original Mortgage
$3,000,000
Outstanding Balance
$2,942,164
Interest Rate
6.71%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$2,590,764
Purchase Details
Listed on
Mar 30, 2023
Closed on
May 13, 2023
Sold by
Allen Jeffrey
Bought by
191 & Company Llc
Seller's Agent
Bryan Capone
KW Empower
Buyer's Agent
Lauren Leithead
Compass RE
List Price
$280,000
Sold Price
$225,000
Premium/Discount to List
-$55,000
-19.64%
Views
132
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,942,164
Interest Rate
6.71%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$2,590,764
Purchase Details
Closed on
Nov 30, 1970
Bought by
Allen Phyllis A
Similar Homes in Ardmore, PA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Signature Holdings Group Llc | -- | None Listed On Document | |
| 191 & Company Llc | $225,000 | None Listed On Document | |
| Allen Phyllis A | $12,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Signature Holdings Group Llc | $3,000,000 | |
| Previous Owner | Allen Phyllis A | $6,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/18/2023 05/18/23 | Sold | $225,000 | -10.0% | $141 / Sq Ft |
| 04/19/2023 04/19/23 | Pending | -- | -- | -- |
| 04/11/2023 04/11/23 | Price Changed | $250,000 | -10.7% | $156 / Sq Ft |
| 03/30/2023 03/30/23 | For Sale | $280,000 | -- | $175 / 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 | $2,889 | $69,170 | $24,410 | $44,760 |
| 2023 | $2,768 | $69,170 | $24,410 | $44,760 |
| 2022 | $2,717 | $69,170 | $24,410 | $44,760 |
| 2021 | $2,655 | $69,170 | $24,410 | $44,760 |
| 2020 | $2,590 | $69,170 | $24,410 | $44,760 |
| 2019 | $2,545 | $69,170 | $24,410 | $44,760 |
| 2018 | $2,544 | $69,170 | $24,410 | $44,760 |
| 2017 | $2,451 | $69,170 | $24,410 | $44,760 |
| 2016 | $2,424 | $69,170 | $24,410 | $44,760 |
| 2015 | $2,260 | $69,170 | $24,410 | $44,760 |
| 2014 | $2,260 | $69,170 | $24,410 | $44,760 |
Source: Public Records
Agents Affiliated with this Home
-
Bryan Capone
Seller's Agent in 2023
Bryan Capone
KW Empower
(215) 962-7541
1 in this area
104 Total Sales
-
Lauren Leithead
Buyer's Agent in 2023
Lauren Leithead
Compass RE
(215) 694-7590
21 in this area
195 Total Sales
Map
Source: Bright MLS
MLS Number: PAMC2067718
APN: 40-00-55568-003
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