NOT LISTED FOR SALE

934 11th Ave Prospect Park, PA 19076

Estimated Value: $437,000 - $471,570

-- Bed
4 Baths
3,032 Sq Ft
$152/Sq Ft Est. Value

Last Sold March 06, 2023

Last sale price $395,000 $130 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,046/month

148 Days on Market

Highlights

  • Traditional Architecture
  • More Than Two Accessible Exits
  • Radiator
  • 5 Car Detached Garage
  • Parking Storage or Cabinetry

About This Home

As of March 2023

4 unit multifamily building located in Prospect Park, PA. The property includes an additional 4 unit garage in the rear of the property. The unit mix consists of three (3) 2 bedrooms 1 bath and one (1) 1 bedroom 1 bath, plus a large basement for additional storage.
This 3,032 SF building is fully occupied with historically long term tenants and has been well maintained. Located in a great neighborhood with ample street parking.

Last Agent to Sell the Property

Brady Carroll

Bennett Williams Realty, Inc. Listed on: 07/18/2022

Bennett Williams Realty, Inc.

Last Buyer's Agent

Karl Milkowski

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,946

Year Built

  • Built in 1910

Lot Details

  • 6,098

Parking

  • 5 Car Detached Garage
  • Parking Storage or Cabinetry
  • Alley Access
  • On-Street Parking

Home Design

  • 3,032 Sq Ft Home
  • Quadruplex
  • Traditional Architecture
  • Concrete Perimeter Foundation
  • Stucco

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater

Additional Features

  • More Than Two Accessible Exits
  • 6,098 Sq Ft Lot

Listing and Financial Details

  • The owner pays for common area maintenance
  • Tax Lot 098-000
  • Assessor Parcel Number 33-00-00373-00

Community Details

Overview

  • 4 Units
  • 2-Story Building

Building Details

  • Income includes apartment rentals, parking
  • Insurance Expense $1,744
  • Maintenance Expense $1,938
  • Manager Expense $1,938
  • Operating Expense $16,250
  • Gross Income $38,760
  • Net Operating Income $22,510

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,946

Year Built

Built in 1910

Lot Details

0

Parking

5

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Remarks Public: 4 unit multifamily building located in Prospect Park, PA. The property includes an additional 4 unit garage in the rear of the property. The unit mix consists of three (3) 2 bedrooms 1 bath and one (1) 1 bedroom 1 bath, plus a large basement for additional storage. This 3,032 SF building is fully occupied with historically long term tenants and has been well maintained. Located in a great neighborhood with ample street parking.
  • Special Features: None

Interior Features

  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 3032
  • Living Area Sq Ft: 3032
  • Price Per Sq Ft: 130.28
  • Above Grade Finished Sq Ft: 3032
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 934

Exterior Features

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

Garage/Parking

  • Garage Spaces: 5.00
  • Garage: Yes
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 5
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Detached Garage, Alley, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Professional Management Expense: 1938.00
  • Association Recreation Fee: No

Schools

  • School District: INTERBORO
  • School District Key: 300200397355
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 161000.00
  • Land Assessed Value: 49020.00
  • Land Use Code: R-40
  • Lot Size Acres: 0.14
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Year Assessed: 2022
  • Zoning: R-40

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: Common Area Maintenance
  • Rent Control: No
  • Total Actual Rent: 40800.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 520129
  • School Tax: 5147.00
  • Tax Annual Amount: 6946.00
  • Assessor Parcel Number: 33-00-00373-00
  • Tax Lot: 098-000
  • Tax Total Finished Sq Ft: 3032
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 03/06/2023

Multi Family

  • Gross Income: 38760.00
  • Gross Scheduled Income: 38760.00
  • Income Includes: Apartment Rentals, Parking
  • Operating Expense: 16250.00
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: INTERBORO

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2022
Closed on
Mar 6, 2023
Sold by
Smerechenski Robert E
Bought by
Milkowski Eric
Seller's Agent
Brady Carroll
Bennett Williams Realty, Inc.
Buyer's Agent
Karl Milkowski
Long & Foster Real Estate, Inc.
List Price
$395,000
Sold Price
$395,000
Views
67
Current Estimated Value
$459,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,393
Avg. Annual Appreciation
5.23%
Original Mortgage
$296,250
Outstanding Balance
$287,283
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$162,109

Purchase Details

Closed on
Jul 26, 1995
Sold by
Percival Barbara
Bought by
Smerechenski Robert E and Smerechenski Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.56%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Milkowski Eric $395,000 --
Smerechenski Robert E $125,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milkowski Eric $296,250
Previous Owner Smerechenski Robert E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2023 03/06/23 Sold $395,000 0.0% $130 / Sq Ft
07/18/2022 07/18/22 For Sale $395,000 -- $130 / 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 $7,178 $210,020 $49,020 $161,000
2024 $7,178 $210,020 $49,020 $161,000
2023 $7,068 $210,020 $49,020 $161,000
2022 $6,947 $210,020 $49,020 $161,000
2021 $10,015 $210,020 $49,020 $161,000
2020 $6,938 $132,760 $31,460 $101,300
2019 $6,928 $132,760 $31,460 $101,300
2018 $6,805 $132,760 $0 $0
2017 $6,657 $132,760 $0 $0
2016 $729 $132,760 $0 $0
2015 $729 $132,760 $0 $0
2014 $729 $132,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2030210

Bright MLS

APN: 33-00-00373-00