311 Broad Street

Closed 4/30/18

Last Sold Price

$265,000

4,274 sqft$62/sqft

311 Broad St, Spring City, PA 19475

Description

Investment opportunity available at this 4 unit property with over 4,000 square feet of living space. Nicely situated on a 1/2 acre corner lot in Spring City Borough. Apartment #1 is located on the side of the building, it offers 2 levels of living space, living room, dining room, kitchen, 2 bedrooms and huge bathroom, hardwood floors and a few replacement windows. Rented for $785/month occupied since 2014. Apartment #2 is located on the main level the space offers living room, eat in kitchen, large...Investment opportunity available at this 4 unit property with over 4,000 square feet of living space. Nicely situated on a 1/2 acre corner lot in Spring City Borough. Apartment #1 is located on the side of the building, it offers 2 levels of living space, living room, dining room, kitchen, 2 bedrooms and huge bathroom, hardwood floors and a few replacement windows. Rented for $785/month occupied since 2014. Apartment #2 is located on the main level the space offers living room, eat in kitchen, large bedroom, full bathroom, hardwood flooring and extra high ceiling height. Rented for $675/month since 2/2017. Apartment #3 is on the second level, huge living room, eat in kitchen, 2 bedrooms, hall bathroom, access to the 3rd floor with 4 unfinished rooms. Rented for $725/mo occupied since 1995. Apartment #4 is on the main level offering, hardwood floors, large living room with non- function brick fireplace, 1 bedroom, hall bathroom. Rented for $550/ month, occupied since 1995. ALL 4 gas heaters were installed around 2012. Each tenant pays for gas heat and electric. Owners pay for water, sewer, trash, hot water, common electric, lawn and snow care.

LISTING CLOSED: 04/30/2018 12:00 AM

Listed by Chris L James-Hector • Chris James Hector Realty
P: (610)-933-7592 chrisjameshector@verizon.net
Listed by Andrea L Heskett • Chris James Hector Realty
P: (610)-329-1622 andreaheskett@gmail.com

Property Details for 311 Broad Street

Status

Closed

MLS #

1001401409

Days on Market

140

Taxes

$4,474 / year

HOA Fees

Condo/Co-op Fees

Property Type

Multi Family

MLS Type

Multi-Family / Fee Simple

Year Built

1900

Lot Size

0.49 AC / 21,300 SF

County

Chester County

Tax ID Number

14-04 -0245.0100

Ownership

Fee Simple

Condo Coop Association

HOA

Structure Type

Detached

Style

Other

Waterfront

Garage

Subdivision

NONE AVAILABLE

Subdivision

NONE AVAILABLE (CHESTER PA)

Cross Street

PENN ST

Municipality

SPRING CITY BORO

Central Air

Basement

Yes

Above Grade Finished SQFT

4,274.00

Above Grade Fin SQFT Source

Estimated

New Construction

Property Condition

Good

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Location

Listing Courtesy of Chris James Hector Realty

Sold By Long & Foster Real Estate, Inc.

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Building Information for 311 Broad Street

Stories-Residences-Year Built1900Building Size-Lot Size0.49 AC / 21,300 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage¹

$1,720 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,347

Property Taxes

$373

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 311 Broad Street

Location

School District Name: SPRING-FORD AREA
School District County ID: 300200397333

County: CHESTER
MLS Area: Spring City Boro (10314)

Waterfront / Water Access

Water View: No
Water Access: No

Water Oriented: No
Navigable Water: No
Tidal Water: No
Riparian Rights Y/N: No

Taxes and Assessment

Tax Year: 2018
Tax Assessed Value: $127,900

Improvement Assessed Value: $83,500
Land Assessed Value: $44,400
Land Use Code: R30
Zoning: R2
Tax Lot: 0245.0100

Lease Information

Concessions: Yes
Concessions Amount: $7,500

Unit Information

One Bedroom Units Count: 2
Two Bedroom Units Count: 2

Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Rooms

Room List: Primary Bedroom

Financial Information

Expenses

Insurance Expense: $1,888
Maintenance Expense: $2,491

Water Sewer Expense: $4,511
Electric Expense: $769
Annual Gross Expense: $14,133

Financial Information

Gross Income: $32,820

Building Info

Total Finished SQFT: 4,274.00
Total SQFT: 4,274.00

Construction Materials: Stucco
Roof: Pitched
Ext Main Mid-res: http://bright-media01.prd.brightmls.com/bright/images/0000/3042/8444/3212/304284443212_512_384_WM_7-m2hhD5KFUWygdL.jpg
Flooring Type: Wood, Vinyl
Basement Type: Full, Unfinished, Outside Entrance
Foundation Details: Stone
Storage: Basement, Attic
Property Attached Y/N: true
Other Structure: Above Grade

Lot / Land Information

Lot Size Dimensions: 000
Sign On Property: Yes

Parcel ID: 236626

Parking

Type Of Parking: On Street, Driveway
Parking Features: Street

Interior Features

Fireplace: No
Accessibility Features: None

Laundry Type: Common

Exterior Features

Exterior Features: Sidewalks, Street Lights
Pool: No Pool

Utilities

Heating: Yes
Cooling Type: None

Heating Type: Gas, Hot Water
Heating Fuel: Natural Gas
Hot Water: S/W Changeover
Water Source: Public
Sewer Septic: Public Sewer

Confidential Data

Listing Office

List Agent AOR: Tri-County Suburban REALTORS

Property History for 311 Broad Street

Date	Event & Source	Price	Appreciation
Apr 30, 2018	Closed (Public Record) Public Record #621729013	$265,000	+0.2% / yr
Apr 30, 2018	Closed BRIGHT #1001401409	$265,000	—
Feb 27, 2018	Pending BRIGHT #1001401409		—
Oct 11, 2017	Listed (Active) BRIGHT #1001401409	$299,000	—
May 25, 2007	Closed (Public Record) Public Record #225193260	$260,000	—
May 25, 2007	Closed BRIGHT #PACT123728	$260,000	—
Apr 7, 2007	Pending BRIGHT #PACT123728		—
Aug 22, 2006	Listed (Active) BRIGHT #PACT123728	$289,900	—
Dec 8, 1994	Closed BRIGHT #PACT216620	$138,000	—
Sep 28, 1994	Pending BRIGHT #PACT216620		—
Aug 15, 1994	Listed (Active) BRIGHT #PACT216620	$140,000	—

Date	Event & Source	Price
04/30/2018	Closed (Public Record) Public Record #621729013	$265,000 +0.2% / yr
04/30/2018	Closed BRIGHT #1001401409	$265,000
02/27/2018	Pending BRIGHT #1001401409	—
10/11/2017	Listed (Active) BRIGHT #1001401409	$299,000
05/25/2007	Closed (Public Record) Public Record #225193260	$260,000
05/25/2007	Closed BRIGHT #PACT123728	$260,000
04/07/2007	Pending BRIGHT #PACT123728	—
08/22/2006	Listed (Active) BRIGHT #PACT123728	$289,900
12/08/1994	Closed BRIGHT #PACT216620	$138,000
09/28/1994	Pending BRIGHT #PACT216620	—
08/15/1994	Listed (Active) BRIGHT #PACT216620	$140,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 311 Broad Street

Taxable ValueLand$44,400Additions$83,500Total$127,900

Tax Record2026$5,695 ($475 / month)

Home Facts

Baths4Total Finished SqFt4,274 SqFtAbove Grade Finished SqFt4,274 SqFtStories2Lot Size21,300 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900ZoningR2CountyCHESTERAPN1404 02450100

Schools near 311 Broad Street

This home is within Spring-Ford Area School District.


Rating	School	Type	Grades	Distance
7/10	Spring City El School	Public - Serves this home	K to 4	0.4 mi
8/10	Spring-Ford Intermediate School 5th/6th	Public - Serves this home	5 to 6	2.1 mi
9/10	Spring-Ford Middle School 7th Grade Center	Public - Serves this home	7	2.1 mi
7/10	Spring-Ford Ms 8th Grade Center	Public - Serves this home	8	1.2 mi
9/10	Spring-Ford Senior High School 10-12 Grade Center	Public - Serves this home	9 to 12	1.6 mi
NR	School of Faith in God	Private - Nearby school	7 to 12	0.9 mi


Rating	School	Distance
7/10	Spring City El School PublicK to 4 Serves this home	0.4 mi
8/10	Spring-Ford Intermediate School 5th/6th Public5 to 6 Serves this home	2.1 mi
9/10	Spring-Ford Middle School 7th Grade Center Public7 Serves this home	2.1 mi
7/10	Spring-Ford Ms 8th Grade Center Public8 Serves this home	1.2 mi
9/10	Spring-Ford Senior High School 10-12 Grade Center Public9 to 12 Serves this home	1.6 mi
NR	School of Faith in God Private7 to 12 Nearby school	0.9 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 311 Broad Street, Spring City, PA 19475	$265,000	–	–	4,274	21,300
321 Broad Street, Spring City, PA 19475	–	3	2	2,154	18,400
30 North Penn Street, Spring City, PA 19475	$272,000	6	3	4,264	12,398
310 Broad Street, Spring City, PA 19475	$198,000	4	2	1,896	5,004
304 Broad Street, Spring City, PA 19475	$159,000	5	2	1,993	10,233
263 Broad Street, Spring City, PA 19475	$190,000	4	2	2,176	13,720
273 Broad Street, Spring City, PA 19475	$450,000	–	–	4,564	21,111
318 Broad Street, Spring City, PA 19475	–	–	4	1,908	4,974
306 Broad Street, Spring City, PA 19475	$407,000	4	2	1,613	4,215
312 Broad Street, Spring City, PA 19475	$235,000	3	1	1,792	6,747
150 North Penn Street, Spring City, PA 19475	$136,000	2	2	1,323	2,410
325 Broad Street, Spring City, PA 19475	–	5	3	2,629	21,104
320 Broad Street, Spring City, PA 19475	–	–	2	1,908	4,944
330 Broad Street, Spring City, PA 19475	$254,000	–	–	3,152	17,760
310 New Street, Spring City, PA 19475	$175,000	–	–	1,545	3,814
316 New Street, Spring City, PA 19475	$113,500	2	1	1,216	1,887

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Listing Courtesy of Chris James Hector Realty

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

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