$113,300
$126,000
10.1%For more information regarding the value of a property, please contact us for a free consultation.
524 TIMBERLAKE RD Upper Darby, PA 19082
2 Beds
1 Bath
1,022 SqFt
Key Details
Sold Price $113,300
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,022 sqft
Price per Sqft $110
Subdivision None Available
MLS Listing ID PADE2020064
Sold Date 05/09/22
Style AirLite
Bedrooms 2
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 1,022
Originating Board BRIGHT
Year Built 1927
Annual Tax Amount $2,717
Tax Year 2022
Lot Size 871 Sqft
Acres 0.02
Lot Dimensions 15.00 x 70.00
Property Description
INVESTOR ALERT CAP RATE ABOUT 10%. Extreme shortage of Upper Darby Properti You have got to see all the work done on this property since owners purchase: Newer Windows, Stack, Stuccoing, etc. Railed Front Porch is perfect for barbecuing. Celebrate your homeownership. Please ask your Realtor to furnish you Sellers Disclosure. Update now complete come see this property. Value plus. Renter Alert!!! This could be of strategic interest to a first time buyer. A Veteran could possibly buy this property with "0" monies towards its acquisition. An absolutely no monies possibility. Buying this house FHA would have a payment of about $980. which is less than what it would be to rent a 2 bedroom apartment or home in much of this area. Measurements of Rooms are approximate measurements, The advantages to buying are many. In todays market it is one of the best ways to keep up some with the ever increasing price of what may be your future home. It may not rise comparatively; but, you will most likely have a home investment which will likely also rise. You might even think about holding and renting this property which in todays market could rent for $1250 . or more. Here is the estimated cost difference between buying and selling. You could need $6850 or less to buy this home. This figure represents the monies towards the acquisition cost i.e. (Purchase Price plus closing costs) to be about $6850. The monies can come from a gift. A gift is defined as monies given from a donor with no expected payback. When guidelines permit an underwriter could possibly allow equity to be borrowed from another asset, maybe a car so long as the resultant payment fits within (Secondary Ratios) budget. In renting you will probably need to pay 3 months rent. About a $3300 difference. It would be a beautiful possibility if a family member could help as a Donor of a Gift. Think of the monies you will save monthly (Estimated at $270.) and not the use of $14,400 towards Rent. Information about the property: This is an Air-lite differing from a straight through in that the Kitchen is just off the Dining Room. You enter a nice size Living Room, through to a Dining Room and as stated a Kitchen just off the Dining Room and ahead a plus room that could be used for storage, office or Breakfast Nook, The upstairs has two beautifully sized Bedroom and an updated bath. There are Hardwood Floors in LR, DR, and 2 bedrooms, There is a tiled Bathroom. The basement is partly finished with a painted concrete floor installed since its earliest construction and in wonderful condition. A good start for totally finishing. The much preferred poured concrete construction has. Freshly painted walls and trace of efflorescence. The Heater is planned to be replaced prior to settlement . The owner has taken time to care for the walls which may t moisten walls very slightly in extremely heavy rains. The property has been well kept. Minutes away to subway downtown and driving distance to many of key employers. Seller will pay for new heater . This eliminates a large future expense allocation. Sellers Property Disclosure published. Home is on Lock Box "Go and Show" and is Vacant. Showing time for scheduling,
Location
State PA
County Delaware
Area Upper Darby Twp (10416)
Zoning R10
Rooms
Other Rooms Living Room, Dining Room, Bedroom 2, Basement, Bedroom 1, Storage Room, Utility Room, Bathroom 1
Basement Full
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type None
Garage N
Building
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style AirLite
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Upper Darby
Others
Senior Community No
Tax ID 16-03-01763-00
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with John J Gauntlett IV • Keller Williams Philadelphia
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