$325,000
SOLD DEC 3, 2021

9 E Felton St Ridley Park, PA 19078

-- Bed
-- Bath
2,720 Sq Ft
4,182 Sq Ft Lot

Recently Sold

$119 Per Sq Ft

2% Above List Price

2 Days on Market

Highlights

  • Colonial Architecture
  • Hot Water Baseboard Heater
  • 2-minute walk to Spirit of America Park

About This Home

As of December 2021

Turn key investment opportunity. Brick triplex in great location. Close to train station and Ridley Park shopping area. Two 2 BR units with gas heat and central air. One bedroom basement apartment with electric baseboard heat. Common laundry area for all tenants. Off street parking. Tenants pay all utilities except cold water. All leases currently month to month ( 2 BRs at 950, 1 BR at 600)

Last Agent to Sell the Property

Wesley Gerstenkorn

Premier Property Sales & Rentals License #RM047082A Listed on: 09/09/2021

Last Buyer's Agent

Shane Gilfoy

CG Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,057

Year Built

  • Built in 1960

Lot Details

  • 4,182 Sq Ft Lot
  • Lot Dimensions are 45.00 x 95.00

Home Design

  • Triplex
  • Colonial Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Parking

  • 3 Parking Spaces
  • 3 Off-Street Spaces

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Additional Features

  • Improved Basement

Community Details

  • 3 Units
  • 2-Story Building
  • Ridley Park Subdivision

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 426-000
  • Assessor Parcel Number 37-00-00707-01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,057

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Remarks Public: Turn key investment opportunity. Brick triplex in great location. Close to train station and Ridley Park shopping area. Two 2 BR units with gas heat and central air. One bedroom basement apartment with electric baseboard heat. Common laundry area for all tenants. Off street parking. Tenants pay all utilities except cold water. All leases currently month to month ( 2 BRs at 950, 1 BR at 600)
  • Special Features: None

Interior Features

  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Improved
  • Total Sq Ft: 3120
  • Living Area Sq Ft: 2720
  • Price Per Sq Ft: 166.67
  • Above Grade Finished Sq Ft: 1920
  • Below Grade Finished Sq Ft: 800
  • Below Grade Sq Ft: 400
  • Total Below Grade Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 9

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 3

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: RIDLEY
  • School District Key: 300200397359
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 162120.00
  • Land Assessed Value: 61120.00
  • Land Use Code: R-20
  • Lot Size Acres: 0.10
  • Lot Dimensions: 45.00 x 95.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4182.00
  • Year Assessed: 2021
  • Zoning: RES

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 3
  • Owner Pays: Water
  • Total Actual Rent: 30000.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 540291
  • School Tax: 5287.00
  • Tax Annual Amount: 7057.00
  • Assessor Parcel Number: 37-00-00707-01
  • Tax Lot: 426-000
  • Tax Total Finished Sq Ft: 1920
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 12/03/2021

MLS Schools

  • School District Name: RIDLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Dec 2, 2021
Sold by
Flamminio Dante J and Angelo Tina
Bought by
Spencer Jamie C and Spencer Danielle
Seller's Agent
Wesley Gerstenkorn
Premier Property Sales & Rentals
Buyer's Agent
Shane Gilfoy
CG Realty, LLC
List Price
$320,000
Sold Price
$325,000
Premium/Discount to List
$5,000
1.56%
Current Estimated Value
$428,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,299
Avg. Annual Appreciation
6.00%
Original Mortgage
$332,475
Outstanding Balance
$308,837
Interest Rate
3.09%
Mortgage Type
VA
Estimated Equity
$93,417

Purchase Details

Closed on
Apr 26, 1989
Sold by
Friess Jr Karl L
Bought by
Flamminio Dante J and Angleo Tina
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $325,000 Isave Abstract Llc
Deed $135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $332,475 VA
Previous Owner $145,100 New Conventional
Previous Owner $170,000 Negative Amortization
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $325,000 +1.6% $119 / Sq Ft
09/11/2021 09/11/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $320,000 -- $118 / 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 $7,751 $223,240 $61,120 $162,120
2023 $7,411 $223,240 $61,120 $162,120
2022 $7,129 $223,240 $61,120 $162,120
2021 $10,990 $223,240 $61,120 $162,120
2020 $6,808 $120,930 $37,570 $83,360
2019 $6,679 $120,930 $37,570 $83,360
2018 $6,487 $120,930 $0 $0
2017 $6,487 $120,930 $0 $0
2016 $664 $120,930 $0 $0
2015 $677 $120,930 $0 $0
2014 $677 $120,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2007188

Bright MLS

APN: 37-00-00707-01