Seller's Agent in 2022
John Knisely
Keller Williams Real Estate - Media
(484) 441-3075
2 in this area
127 Total Sales
660 Loraine St Ardmore, PA 19003
--
Bed
--
Bath
3,093
Sq Ft
0.26
Acres
Highlights
- No HOA
- 3 Car Detached Garage
- Parking Storage or Cabinetry
- Chestnutwold Elementary School Rated A
- More Than Two Accessible Exits
- Hot Water Heating System
About This Home
As of October 2022KW Commercial is proud to exclusively present for sale this four unit multifamily property in Ardmore Park. The property has been drastically under managed and under rented, which leaves significant value add potential to the new owner. Well located in a beautiful neighborhood setting just steps away from Chestnutwold Elementary School, Merion Golf Course and Lankenau Hospital. There is great potential to improve the units with cosmetic upgrades, including kitchens and bathrooms, and lease the updated units to nearby teachers, nurses, or other professionals. The property includes three garages for additional income and value to the tenants. Multiple laundry hook ups in the basement that is easily accessible through a rear private entrance. Average household income within 3 miles is $120,000 and average home value is $387,000. Excellent opportunity to own a value add investment property in a beautiful neighborhood.
Last Agent to Sell the Property
bcarroll@kwcommercial.com Bennett Williams Realty, Inc. Listed on: 09/03/2019
Last Buyer's Agent
(484) 441-3075 john@mediahomepro.com Keller Williams Real Estate - Media License #RS-0025871
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,957
Year Built
- Built in 1925
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 75.00 x 150.00
Parking
- 3 Car Detached Garage
- Parking Storage or Cabinetry
- Front Facing Garage
- Driveway
- Off-Street Parking
Home Design
- Quadruplex
- Dwelling with Rental
- Frame Construction
- Masonry
Interior Spaces
- 3,093 Sq Ft Home
- Basement Fills Entire Space Under The House
Accessible Home Design
- More Than Two Accessible Exits
Utilities
- Window Unit Cooling System
- Heating System Uses Oil
- Hot Water Heating System
- Oil Water Heater
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Tax Lot 550-000
- Assessor Parcel Number 22-06-01423-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 22, 2022
Closed on
Oct 7, 2022
Sold by
Kowalczyk Rafal
Bought by
Zervalis Gregory
Seller's Agent
John Knisely
Keller Williams Real Estate - Media
Buyer's Agent
Stephen Stout
Keller Williams Real Estate - Media
List Price
$925,000
Sold Price
$830,000
Premium/Discount to List
-$95,000
-10.27%
Views
12
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
$120,591
Avg. Annual Appreciation
4.76%
Original Mortgage
$622,500
Interest Rate
5.75%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 3, 2019
Closed on
Oct 10, 2019
Sold by
Burke Clara A and Estate Of Clara C D Achille
Bought by
Kowalczyk Rafal
Seller's Agent
Brady Carroll
Bennett Williams Realty, Inc.
Buyer's Agent
John Knisely
Keller Williams Real Estate - Media
List Price
$495,000
Sold Price
$472,000
Premium/Discount to List
-$23,000
-4.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.40%
Original Mortgage
$463,450
Interest Rate
3.5%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 30, 1976
Bought by
Dachille Guerriero and Dachille Clara
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $830,000 | Ts Executive Abstract | |
| Deed | $830,000 | Ts Executive Abstract | |
| Executors Deed | $472,000 | Ts Executive Abstract Llc | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $910,000 | Credit Line Revolving | |
| Closed | $622,500 | New Conventional | |
| Previous Owner | $458,282 | FHA | |
| Previous Owner | $463,450 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/24/2022 10/24/22 | Sold | $830,000 | -7.8% | $268 / Sq Ft |
| 09/10/2022 09/10/22 | Pending | -- | -- | -- |
| 09/09/2022 09/09/22 | Price Changed | $900,000 | -2.7% | $291 / Sq Ft |
| 06/22/2022 06/22/22 | For Sale | $925,000 | +96.0% | $299 / Sq Ft |
| 10/11/2019 10/11/19 | Sold | $472,000 | -4.6% | $153 / Sq Ft |
| 09/11/2019 09/11/19 | Pending | -- | -- | -- |
| 09/03/2019 09/03/19 | For Sale | $495,000 | -- | $160 / 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 |
|---|---|---|---|---|
| 2025 | $11,441 | $444,970 | $121,340 | $323,630 |
| 2024 | $11,441 | $444,970 | $121,340 | $323,630 |
| 2023 | $11,116 | $444,970 | $121,340 | $323,630 |
| 2022 | $10,856 | $444,970 | $121,340 | $323,630 |
| 2021 | $17,686 | $444,970 | $121,340 | $323,630 |
| 2020 | $9,985 | $214,820 | $61,440 | $153,380 |
| 2019 | $9,800 | $214,820 | $61,440 | $153,380 |
| 2018 | $9,632 | $214,820 | $0 | $0 |
| 2017 | $9,428 | $214,820 | $0 | $0 |
| 2016 | $1,179 | $214,820 | $0 | $0 |
| 2015 | $1,203 | $214,820 | $0 | $0 |
| 2014 | $1,179 | $214,820 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
John Knisely
-
Stephen Stout
Buyer's Agent in 2022
Stephen Stout
Keller Williams Real Estate - Media
(858) 449-1569
3 in this area
117 Total Sales
-
Brady Carroll
Seller's Agent in 2019
Brady Carroll
Bennett Williams Realty, Inc.
(484) 886-1816
8 Total Sales
Map
Source: Bright MLS
MLS Number: PADE499672
APN: 22-06-01423-00
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