NOT LISTED FOR SALE

64 E Spring Ave Ardmore, PA 19003

Estimated Value: $239,000 - $315,590

3 Beds
2 Baths
1,600 Sq Ft
$176/Sq Ft Est. Value

Last Sold May 18, 2023

Last sale price $225,000 $141 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,805/month

20 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Hot Water Heating System
  • Penn Valley School Rated A+
  • No HOA

About This Home

As of May 2023

Unique 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!

Last Listed By

Bryan Capone

KW Empower Listed on: 03/30/2023

KW Empower

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,768

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Foundation Details: Stone
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 156.25
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 64

Beds/Baths

  • Bedrooms: 3
  • 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
  • Construction Materials: Brick
  • 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: Natural Gas
  • Heating Type: Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: LOWER MERION
  • Elementary School: PENN VALLEY
  • Middle School: WELSH VALLEY
  • High School: LOWER MERION
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396851
  • School District Source: Listing Agent
  • Elementary School: PENN VALLEY
  • High School: LOWER MERION
  • Middle Or Junior School: WELSH VALLEY

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 0.03
  • Lot Dimensions: 20.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1439.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2023
  • Zoning: VC

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2185.00
  • Tax Annual Amount: 2768.00
  • Assessor Parcel Number: 40-00-55568-003
  • Tax Lot: 101
  • Tax Total Finished Sq Ft: 1600
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/18/2023

MLS Schools

  • School District Name: LOWER MERION

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
$280,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,898
Avg. Annual Appreciation
13.40%
Original Mortgage
$3,000,000
Outstanding Balance
$2,945,074
Interest Rate
6.71%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$2,657,571

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
$2,945,074
Interest Rate
6.71%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$2,657,571

Purchase Details

Closed on
Nov 30, 1970
Bought by
Allen Phyllis A

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
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

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
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

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Map

Source: Bright MLS

MLS Number: PAMC2067718

Bright MLS

APN: 40-00-55568-003