NOT LISTED FOR SALE

8523 Monroe Ave Upper Darby, PA 19082

Estimated Value: $301,594 - $334,000

Studio
2 Baths
1,844 Sq Ft
$171/Sq Ft Est. Value

Last Sold July 27, 2021

Last sale price $209,000 $113 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,121/month

4 Days on Market

Highlights

  • 0.11 Acre Lot
  • No HOA
  • Oversized Parking
  • Colonial Architecture
  • 2 Car Detached Garage
  • Cooling Available

About This Home

As of July 2021

Attention Investors and Contractors! This is a great opportunity to pick up a Multi Unit building with expanded Contractors Garage, conveniently located just off the intersection of Route 1, Route 3 and Lansdowne Avenue. Gain the Garage Space you've needed and cover your costs with a great cash flow of a rental property! This property includes a duplex with 2 one bedroom units (top/bottom) currently rending for 750.00 and 800.00 per month. Both units offer separate utilities (Electric, Gas, hot water). Owner pays for cold water. There is also a common basement with exterior side entrance, providing storage and utility access for all tenants. Along the righthand side of the property, a driveway leads to what looks like a traditional 2 car detached garaged, however once inside you'll find a very large addition added to the back of the original garage that measures approximately 24' x 30' with 15+ foot ceilings. Additionally, you'll find stairs up to a 2nd floor loft space (just above the original garage, that could be used as an office. This is a great space for a contractor, a business owner looking for storage space, a car collector...you name it! The property's zoning does include a variance to allow for the separate rental fo the garage space. The garage electric is separate and does have a heating element for the colder months. The garage currently rents for 700.00. Whether looking for an owner occupant space or a great investment, don't pass up this opportunity.

Last Agent to Sell the Property

Tyler Wagner

(610) 446-2300 kenenochs@compass.com Compass RE License #AB066512 Listed on: 06/07/2021

Compass RE

Last Buyer's Agent

Erica Deuschle

(610) 520-0100 info@mainlinekw.com Keller Williams Main Line License #RS311481

Keller Williams Main Line

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 4,748 Sq Ft Lot
  • Lot Dimensions are 42.00 x 125.00
  • Property is in average condition

Parking

  • 2 Car Detached Garage
  • 3 Driveway Spaces
  • 5 Off-Street Spaces
  • Oversized Parking
  • Front Facing Garage

Home Design

  • Duplex
  • Colonial Architecture
  • Flat Roof Shape
  • Pitched Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,844 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 490-000
  • Assessor Parcel Number 16-08-02138-00

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Kirkland Subdivision

Building Details

  • Income includes apartment rentals
  • Net Operating Income $15,265

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

4,748 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1844
  • Living Area Sq Ft: 1844
  • Price Per Sq Ft: 113.34
  • Above Grade Finished Sq Ft: 1844
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Roof: Pitched, Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Detached Garage, Driveway, Off Street
  • Number of Spaces in Driveway: 3
  • Off Street Parking Spaces: 5

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 95280.00
  • Land Assessed Value: 39780.00
  • Lot Size Acres: 0.11
  • Lot Dimensions: 42.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4748.00
  • Property Condition: Average
  • Zoning: R-20
  • Zoning Description: 2, 2 bedroom apartments & Separate Garage (commercial use)

Rental Info

  • Number Of Units Month To Month: 3
  • Owner Pays: Water
  • Rent Control: No
  • Total Actual Rent: 27000.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 453002
  • School Tax: 3795.00
  • Tax Annual Amount: 5975.00
  • Assessor Parcel Number: 16-08-02138-00
  • Tax Lot: 490-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: UPPER DARBY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Jul 23, 2021
Sold by
Caniglia Chrsitopher J and Caniglia Jacqueline
Bought by
Edwards Adam C and Mahmud Semhar
Seller's Agent
Tyler Wagner
Compass RE
Buyer's Agent
Erica Deuschle
Keller Williams Main Line
List Price
$209,000
Sold Price
$209,000
Current Estimated Value
$316,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,149
Avg. Annual Appreciation
9.33%
Original Mortgage
$156,750
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 1997
Sold by
Mccaughey James P
Bought by
Caniglia Christopher J and Caniglia Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,200
Interest Rate
7.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Edwards Adam C $209,000 None Available
Caniglia Christopher J $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edwards Adam C $156,750
Previous Owner Caniglia Christopher J $60,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2021 07/27/21 Sold $209,000 0.0% $113 / Sq Ft
06/11/2021 06/11/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $209,000 -- $113 / Sq Ft
Source: Bright MLS

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 $5,712 $135,060 $39,780 $95,280
2024 $5,712 $135,060 $39,780 $95,280
2023 $5,658 $135,060 $39,780 $95,280
2022 $5,506 $135,060 $39,780 $95,280
2021 $7,424 $135,060 $39,780 $95,280
2020 $6,487 $100,290 $28,590 $71,700
2019 $6,373 $100,290 $28,590 $71,700
2018 $6,300 $100,290 $0 $0
2017 $6,136 $100,290 $0 $0
2016 $550 $100,290 $0 $0
2015 $550 $100,290 $0 $0
2014 $550 $100,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE547804

Bright MLS

APN: 16-08-02138-00

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