NOT LISTED FOR SALE

Estimated Value: $569,000 - $894,000

-- Bed
2 Baths
3,870 Sq Ft
$200/Sq Ft Est. Value

Last Sold November 15, 2017

Last sale price $575,000 $149 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,973/month

28 Days on Market

Highlights

  • Wood Flooring
  • 4-minute walk to Wyndmoor
  • Parking Storage or Cabinetry
  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • 2-minute walk to Water Tower Recreation Center

About This Home

As of November 2017

One of a kind investment property in the heart of Chestnut Hill. Two charming 2 bedrooms 1 bathroom residential apartments with vintage tile bathrooms and large open kitchens, each unit has access to the basement for storage and use of shared washer & dryer. Two commercial units- a bright 2 room office with kitchenette and bathroom and a large basement workshop with powder room. Additionally, two storage garages on either side of the building. The entire multi-unit complex is hidden within the interior of two secluded driveways in between Winston Rd, Ardleigh Street, and Willow Grove Avenue. Walk out your door to Winston Park, Water Tower, Wyndmoor train station, Market Square and everything Germantown Ave has to offer. Maintained full occupancy for the last 5 years.

Last Agent to Sell the Property

LU THAIN

Space & Company Listed on: 07/17/2017

Space & Company

Last Buyer's Agent

Michele Cooley

BHHS Fox & Roach-Center City Walnut

BHHS Fox & Roach-Center City Walnut

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,176

Year Built

  • Built in 1925

Lot Details

  • 5,267 Sq Ft Lot
  • Lot Dimensions are 55x80
  • Property is in good condition

Home Design

  • Quadruplex
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 3,870 Sq Ft Home
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Car Garage
  • 2 Open Parking Spaces
  • Parking Storage or Cabinetry

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 091246810

Community Details

Overview

  • No Home Owners Association
  • Chestnut Hill Subdivision

Additional Features

  • Laundry Facilities
  • Operating Expense $3,176

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,176

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement, Garage
  • Year Built: 1925
  • Remarks Public: One of a kind investment property in the heart of Chestnut Hill. Two charming 2 bedrooms 1 bathroom residential apartments with vintage tile bathrooms and large open kitchens, each unit has access to the basement for storage and use of shared washer & dryer. Two commercial units- a bright 2 room office with kitchenette and bathroom and a large basement workshop with powder room. Additionally, two storage garages on either side of the building. The entire multi-unit complex is hidden within the interior of two secluded driveways in between Winston Rd, Ardleigh Street, and Willow Grove Avenue. Walk out your door to Winston Park, Water Tower, Wyndmoor train station, Market Square and everything Germantown Ave has to offer. Maintained full occupancy for the last 5 years.
  • Special Features: None

Interior Features

  • Flooring Type: Wood
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Common
  • Total Sq Ft: 3870
  • Living Area Sq Ft: 3870
  • Price Per Sq Ft: 153.75
  • Above Grade Finished Sq Ft: 3870
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8017-21

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Total Garage And Parking Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: 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

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Improvement Assessed Value: 184697.00
  • Land Assessed Value: 42203.00
  • Land Use Code: B38
  • Lot Size Acres: 0.12
  • Lot Dimensions: 55X80
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5267.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: RSA3

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 928823
  • Tax Annual Amount: 3176.00
  • Assessor Parcel Number: 091246810
  • Tax Year: 2017
  • Close Date: 11/15/2017

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2017
Closed on
Nov 13, 2017
Sold by
Thain John and Thain Donna L
Bought by
Peuser Donna L and Thain Donna L
Seller's Agent
LU THAIN
Space & Company
Buyer's Agent
Michele Cooley
BHHS Fox & Roach-Center City Walnut
List Price
$595,000
Sold Price
$575,000
Premium/Discount to List
-$20,000
-3.36%
Current Estimated Value
$773,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,589
Avg. Annual Appreciation
2.75%
Original Mortgage
$675,000
Outstanding Balance
$572,730
Interest Rate
3.88%
Mortgage Type
Commercial
Estimated Equity
$137,611

Purchase Details

Closed on
May 24, 2017
Sold by
Thain John and Thain Donna L
Bought by
Thain Donna L

Purchase Details

Closed on
Nov 24, 2009
Sold by
Wallace Yolanda
Bought by
Somerville Weston M and Wallace Erika B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 16, 2008
Sold by
Sher Sanford P and Sher Dena N
Bought by
Somerville Weston M and Wallace Erika B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2003
Sold by
Brun Elio and Peuser Monica B
Bought by
Thain John and Thain Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2002
Sold by
Viola Carmine J and Viola Rose R
Bought by
Coles Christopher and Coles Karen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
7.01%

Purchase Details

Closed on
Sep 17, 1999
Sold by
Brun Elio and Peuser Monica B
Bought by
Brun Elio and Peuser Monica B

Purchase Details

Closed on
Jun 1, 1995
Sold by
Hodson William Rickley and Hodsdon Barbara L
Bought by
Brun Elio and Peuser Monica B
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
Peuser Donna L -- Historic Abstract
Thain Donna L -- None Available
Somerville Weston M -- None Available
Somerville Weston M $469,000 None Available
Thain John $282,500 --
Coles Christopher $285,000 --
Brun Elio -- --
Brun Elio -- --
Brun Elio $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gf Ardleigh Commoms Llc $675,000
Closed Somerville Weston M $145,000
Closed Somerville Weston M $400,000
Closed Somerville Weston M $149,600
Closed Thain John $300,000
Closed Somerville Weston M $150,000
Previous Owner Thain John $236,250
Previous Owner Coles Christopher $228,000
Closed Coles Christopher $42,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2017 11/15/17 Sold $575,000 -3.4% $149 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
08/01/2017 08/01/17 For Sale $595,000 -- $154 / 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 $9,192 $733,500 $146,700 $586,800
2024 $9,192 $733,500 $146,700 $586,800
2023 $9,192 $656,700 $131,340 $525,360
2022 $6,145 $611,700 $131,340 $480,360
2021 $6,775 $0 $0 $0
2020 $6,775 $0 $0 $0
2019 $7,072 $0 $0 $0
2018 $5,116 $0 $0 $0
2017 $5,116 $0 $0 $0
2016 $5,116 $0 $0 $0
2015 $4,898 $0 $0 $0
2014 -- $365,500 $117,660 $247,840
2012 -- $62,944 $18,168 $44,776
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000431657

Bright MLS

APN: 091246400