NOT LISTED FOR SALE

Estimated Value: $273,158

-- Bed
-- Bath
-- Sq Ft
2,657 Sq Ft Lot

Last Sold April 30, 2020

Last sale price $199,000

Est. 37% increase in value since last sale

Current estimated payment $1,759/month

234 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Forced Air Heating System

About This Home

As of April 2020

Investor Alert TRIPLEX - RIDLEY TWP - 3 Unit property is located in Holmes in Ridley Township. Property is attractively priced below market. This location offers 2 -one bedroom units in the main building and an additional freestanding rear building efficiency unit. This location is accessible to public transportation and walking distance to Holmes Plaza Shopping Center, Banking and MacDade Mall. The property exterior is all masonry finish for no maintenance. There are vinyl replacement windows throughout the main building. Second floor Unit has been recently renovated with new bath, kitchenette, fresh paint and new carpet. Occupants for Unit 1 and Unit 3 have had long term tenants. The heating system consist of 2 newer "Burnham" natural gas fired boilers (radiator hot water) for the main building (tenants pay). Those units have individual electric hot water heaters per unit (tenant pays). The second floor unit has an enclosed front porch (tenant uses for storage). The Rear Building heating is 'fuel oil", boiler is 12 years (copper fin baseboard heat). This unit also has its own electric hot water heater (tenant pays). There is a stackable washer/dryer set up in this unit for convenience. All 3 units have their own circuit breaker panels (tenant pays electric). The main electrical service line and electric meters have been replaced to main building. The property owner is responsible for the water bill. All units offer own entrances. There is a nice fenced in side yard to enjoy. There are 4 off street parking spaces and on street parking is also available. There is a full basement (owner access only) but coin operated washer dryer can be installed for additional income. Interested party needs to be pre-approved for funding prior to showings.

Last Listed By

Helena Nicholls

Long & Foster Real Estate, Inc. License #RS297364 Listed on: 07/14/2019

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,872

Year Built

  • Built in 1933

Lot Details

  • 2,657 Sq Ft Lot
  • Lot Dimensions are 25x100

Home Design

  • Triplex

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • 3 Open Parking Spaces
  • Driveway
  • On-Street Parking

Schools

  • Amosland Elementary School
  • Ridley Middle School
  • Ridley High School

Utilities

  • Cooling System Utilizes Natural Gas
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • The owner pays for lawn/shrub care, snow removal
  • Assessor Parcel Number 38-04-01474-00

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Insurance Expense $1,250
  • Maintenance Expense $1,200
  • Other Expense $3,872
  • Operating Expense $10,109

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,872

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 3872.00
  • Year Built: 1933
  • Automatically Close On Close Date: No
  • Remarks Public: Investor Alert TRIPLEX - RIDLEY TWP - 3 Unit property is located in Holmes in Ridley Township. Property is attractively priced below market. This location offers 2 -one bedroom units in the main building and an additional freestanding rear building efficiency unit. This location is accessible to public transportation and walking distance to Holmes Plaza Shopping Center, Banking and MacDade Mall. The property exterior is all masonry finish for no maintenance. There are vinyl replacement windows throughout the main building. Second floor Unit has been recently renovated with new bath, kitchenette, fresh paint and new carpet. Occupants for Unit 1 and Unit 3 have had long term tenants. The heating system consist of 2 newer "Burnham" natural gas fired boilers (radiator hot water) for the main building (tenants pay). Those units have individual electric hot water heaters per unit (tenant pays). The second floor unit has an enclosed front porch (tenant uses for storage). The Rear Building heating is 'fuel oil", boiler is 12 years (copper fin baseboard heat). This unit also has its own electric hot water heater (tenant pays). There is a stackable washer/dryer set up in this unit for convenience. All 3 units have their own circuit breaker panels (tenant pays electric). The main electrical service line and electric meters have been replaced to main building. The property owner is responsible for the water bill. All units offer own entrances. There is a nice fenced in side yard to enjoy. There are 4 off street parking spaces and on street parking is also available. There is a full basement (owner access only) but coin operated washer dryer can be installed for additional income. Interested party needs to be pre-approved for funding prior to showings.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Washer In Unit, Dryer In Unit, Hookup
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2210

Exterior Features

  • Other Structures: Above Grade
  • Exterior Features: Sidewalks, Street Lights
  • 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: 3
  • Parking Features: Asphalt Driveway
  • Type Of Parking: On Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Cooling Type: Wall Unit
  • Heating Fuel: Oil, Natural Gas
  • Heating Type: Forced Air
  • 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: RIDLEY
  • Elementary School: AMOSLAND
  • Middle School: RIDLEY
  • High School: RIDLEY
  • School District Key: 300200397359
  • Elementary School: AMOSLAND
  • High School: RIDLEY
  • Middle Or Junior School: RIDLEY

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 25X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2657.00
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Owner Pays: Lawn/Shrub Care, Snow Removal
  • Total Actual Rent: 27540.00
  • Vacation Rental: No

Multi Family

  • Gross Income: 27540.00
  • Other Units: Unit 1,Unit 2,Unit 3
  • Single Room Units Count: 1

Tax Info

  • Assessor Parcel Number: 549568
  • Tax Annual Amount: 3872.00
  • Assessor Parcel Number: 38-04-01474-00
  • Tax Year: 2018
  • Close Date: 04/30/2020

MLS Schools

  • School District Name: RIDLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2019
Closed on
Mar 20, 2020
Sold by
S & P Ridley Inc
Bought by
Hernandez Rigoberto and Francis Mavreen
Seller's Agent
Helena Nicholls
Long & Foster Real Estate, Inc.
Buyer's Agent
Ansar Toor
Keller Williams Real Estate-Langhorne
List Price
$199,000
Sold Price
$199,000
Total Days on Market
234
Current Estimated Value
$273,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,158
Avg. Annual Appreciation
6.67%
Original Mortgage
$182,234
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2008
Sold by
Devinney Bridget E and Estate Of Daniel T Devinney
Bought by
S & P Ridley Inc

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hernandez Rigoberto $199,000 First Partners Abstract Co
S & P Ridley Inc $130,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Rigoberto $182,234
Previous Owner S & P Ridley Inc $112,000
Previous Owner S&P Ridley Inc $140,000
Previous Owner S & P Ridley Inc $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $199,000 0.0% --
07/14/2019 07/14/19 For Sale $199,000 -- --
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 $2,810 $80,930 $65,740 $15,190
2023 $2,688 $80,930 $65,740 $15,190
2022 $2,602 $80,930 $65,740 $15,190
2021 $4,027 $80,930 $65,740 $15,190
2020 $3,994 $70,700 $62,920 $7,780
2019 $3,921 $70,700 $62,920 $7,780
2018 $3,872 $70,700 $0 $0
2017 $3,872 $70,700 $0 $0
2016 $388 $70,700 $0 $0
2015 $396 $70,700 $0 $0
2014 $396 $70,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PADE496200

Bright MLS

APN: 38-04-01474-00