NOT LISTED FOR SALE

67 Holland Ave Ardmore, PA 19003

Estimated Value: $377,032 - $515,000

-- Bed
2 Baths
1,539 Sq Ft
$292/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $460,000 $299 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,798/month

14 Days on Market

Highlights

  • Forced Air Heating System
  • Wall to Wall Carpet
  • 3-minute walk to Vernon Young Memorial Park
  • Penn Wynne Elementary School Rated A+

About This Home

As of December 2021

STUDENT HOUSING!! STUDENT HOUSING!! STUDENT HOUSING!!
2026 - 2027 SCHOOL YEAR
Beautifully maintained 5BR, 2BA home approved for student housing by Lower Merion Township. Minutes from Villanova University, Haverford College, Rosemont College and others.

Last Agent to Sell the Property

Alex Coates

Keller Williams Realty Devon-Wayne License #RM422891 Listed on: 10/07/2021

Keller Williams Realty Devon-Wayne

Last Buyer's Agent

David Rantanen

BHHS Fox & Roach Malvern-Paoli License #RS315077

BHHS Fox & Roach Malvern-Paoli

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,432

Year Built

  • Built in 1900

Lot Details

  • 3,373 Sq Ft Lot
  • Lot Dimensions are 25.00 x 0.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 1,539 Sq Ft Home
  • Wall to Wall Carpet
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for lawn/shrub care
  • Tax Lot 452
  • Assessor Parcel Number 40-00-26112-002

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $840
  • Maintenance Expense $500
  • Other Expense $300
  • Net Operating Income $36,728

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,432

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Property
  • Inclusions: washer, dryer, refrigerator
  • New Construction: No
  • Other Expense: 300.00
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Remarks Public: Rarely available !! Licensed student rental Duplex in Ardmore, fully leased with great cash flow. 2 student rental licenses from Lower Merion Township transfer with the property. The monthly rent is $3,500 and the property is currently leased through June 2022 and soon will be leased for the following cycle through June 2023. Low taxes and operating expenses. Tenant pays all utilities. Gross annual rents are $42,000 and can be higher based on market rent for students. Income / Expense breakdown is attached. Steady occupancy with no vacancy between tenants. Outstanding opportunity to invest in the growing Ardmore area. Low taxes, Lower Merion Twp.
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1539
  • Living Area Sq Ft: 1539
  • Price Per Sq Ft: 324.24
  • Above Grade Finished Sq Ft: 1539
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 67

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl 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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Schools

  • School District: LOWER MERION
  • School District Key: 300200396851
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 0.08
  • Lot Dimensions: 25.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3373.00
  • Year Assessed: 2021
  • Zoning: R6A

Rental Info

  • Owner Pays: Lawn/Shrub Care
  • Total Actual Rent: 42000.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 724455
  • School Tax: 2481.00
  • Tax Annual Amount: 3432.00
  • Assessor Parcel Number: 40-00-26112-002
  • Tax Lot: 452
  • Tax Total Finished Sq Ft: 1539
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 12/01/2021

Multi Family

  • Gross Income: 42000.00

MLS Schools

  • School District Name: LOWER MERION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Nov 30, 2021
Sold by
Arindam Datta
Bought by
Fioravanti Michelle
Seller's Agent
Alex Coates
Keller Williams Realty Devon-Wayne
Buyer's Agent
David Rantanen
BHHS Fox & Roach Malvern-Paoli
List Price
$499,000
Sold Price
$460,000
Premium/Discount to List
-$39,000
-7.82%
Current Estimated Value
$462,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,734
Avg. Annual Appreciation
6.48%

Purchase Details

Listed on
Aug 2, 2017
Closed on
Oct 13, 2017
Sold by
Weisberg Richard C
Bought by
Datta Arindam and Ghani Sahar
Seller's Agent
Branka Saula
KW Greater West Chester
Buyer's Agent
Alex Coates
Keller Williams Realty Devon-Wayne
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.08%
Original Mortgage
$281,250
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 7, 2013
Closed on
Mar 9, 2013
Sold by
Koberg David Shaw and Koberg Kathleen Halligan
Bought by
Weisberg Richard C
Seller's Agent
Tom Dixon
BHHS Fox & Roach-Haverford
Buyer's Agent
Tom Dixon
BHHS Fox & Roach-Haverford
List Price
$399,900
Sold Price
$375,000
Premium/Discount to List
-$24,900
-6.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$262,500
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2011
Sold by
Malvern Federal Savings Bank
Bought by
Koberg David Shawn and Koberg Kathleen Halligan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
4.49%

Purchase Details

Closed on
Mar 21, 2011
Sold by
Farley Mark J
Bought by
Malvern Federal Savings Bank
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
Fioravanti Michelle $460,000 None Listed On Document
Datta Arindam $375,000 --
Weisberg Richard C $375,000 Old Republic National Title
Koberg David Shawn $350,000 None Available
Malvern Federal Savings Bank -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Datta Arindam $304,500
Previous Owner Datta Arindam $281,250
Previous Owner Weisberg Richard C $262,500
Previous Owner Koberg David Shawn $268,000
Previous Owner Farley Alicia R $260,161
Previous Owner Farley Mark J $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2024 12/16/24 Off Market $5,000 -- --
11/12/2024 11/12/24 For Rent $5,000 0.0% --
12/01/2021 12/01/21 Sold $460,000 -7.8% $299 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $499,000 +8.5% $324 / Sq Ft
10/07/2021 10/07/21 Off Market $460,000 -- --
10/07/2021 10/07/21 For Sale $499,000 +33.1% $324 / Sq Ft
10/18/2017 10/18/17 Sold $375,000 0.0% $244 / Sq Ft
09/02/2017 09/02/17 Pending -- -- --
08/02/2017 08/02/17 For Sale $375,000 0.0% $244 / Sq Ft
03/12/2013 03/12/13 Sold $375,000 -6.2% $244 / Sq Ft
01/30/2013 01/30/13 Pending -- -- --
01/07/2013 01/07/13 For Sale $399,900 -- $260 / 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 $3,325 $79,610 $23,170 $56,440
2023 $3,186 $79,610 $23,170 $56,440
2022 $3,127 $79,610 $23,170 $56,440
2021 $3,056 $79,610 $23,170 $56,440
2020 $2,981 $79,610 $23,170 $56,440
2019 $2,929 $79,610 $23,170 $56,440
2018 $2,929 $79,610 $23,170 $56,440
2017 $2,821 $79,610 $23,170 $56,440
2016 $2,790 $79,610 $23,170 $56,440
2015 $2,602 $79,610 $23,170 $56,440
2014 $2,602 $79,610 $23,170 $56,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2000259

Bright MLS

APN: 40-00-26112-002