NOT LISTED FOR SALE

8523 Monroe Ave Upper Darby, PA 19082

Estimated Value: $302,000 - $313,238

Studio
2 Baths
1,844 Sq Ft
$167/Sq Ft Est. Value

Sale Details

Date Sold: July 27, 2021

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

Est. 48% increase in value since last sale

Current estimated payment $2,163 / mo

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Jul 23, 2021
Sold by
Bought by
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
$308,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,560
Avg. Annual Appreciation
8.28%
Original Mortgage
$156,750
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 1997
Sold by
Bought by

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$209,000 None Available
$86,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $156,750
Previous Owner $60,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,999 $135,060 $39,780 $95,280
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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