508 Philmar Ct

4
Baths
3,832 Sq. Ft.
$128 / Sq. Ft.
3,832
Sq. Ft.
$128
per Sq. Ft.

Description

Attention Investors, rock solid investment, maintenance free opportunity. Income producing (GRI $51,600) 100% occupied 4 unit all 2 bedroom apartment building located in the heart of Springfield. Units newly remodeled in 2016 including: New heaters, new wall air conditioners, new wiring, carpeting, new roof, new kitchens and modern baths. Building also features 4x 1car garages, private storage space in the basement and onsite laundry. Perfectly situated in a private cul-de-sac, close to Springfield...Attention Investors, rock solid investment, maintenance free opportunity. Income producing (GRI $51,600) 100% occupied 4 unit all 2 bedroom apartment building located in the heart of Springfield. Units newly remodeled in 2016 including: New heaters, new wall air conditioners, new wiring, carpeting, new roof, new kitchens and modern baths. Building also features 4x 1car garages, private storage space in the basement and onsite laundry. Perfectly situated in a private cul-de-sac, close to Springfield Schools, parks, shopping, major roads and walk to public transportation. Convenient to I476, Center City & King of Prussia.
  1. Listed by Evans C Zografakis • RE/MAX Preferred - Newtown Square
    P: (610)-389-4804 evans@evansz.com

Property Details for 508 Philmar Court

Tax ID Number
42-00-04673-11
Ownership
Fee Simple
HOA
No
Structure Type
Detached
Style
Other
Waterfront
No
Garage
Yes
Expected On Market Date
05-07-2019
LISTING CLOSED: 07/30/2019 12:00 AM

Property Details for 508 Philmar Court

StatusClosed
MLS #PADE489064
Days on Market1
Taxes$10,413 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1965
Lot Size0.16 AC / 7,187 SF
CountyDelaware County

Location

Listing Courtesy of RE/MAX Preferred - Newtown Square

Sold By RE/MAX Preferred - Newtown Square

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Building Information for 508 Philmar Court

Stories-Residences4Year Built1965Building Size-Lot Size0.16 AC / 7,187 SF

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Principal and Interest

$2,498

Property Taxes

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HOA Dues

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Property Information for 508 Philmar Court

Location
Location
  • School District Name: SPRINGFIELD
  • School District County ID: 300200397362
  • SchoolDistrictSource: Listing Agent
  • Middle Or Junior School: RICHARDSON (DELAWARE PA)
  • MiddleSchoolSource: Listing Agent
  • High School: SPRINGFIELD (DELAWARE PA)
  • HighSchoolSource: Listing Agent
  • County: DELAWARE
  • MLS Area: Springfield Twp (10442)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2018
  • Tax Assessed Value: $234,550
  • Year Assessed: 2018
  • County Tax: $1,314
  • Improvement Assessed Value: $189,020
  • City Town Tax: $1,363
  • Land Assessed Value: $45,530
  • Clean Green Assessed: No
  • Land Use Code: R-40
  • Zoning: APARTMENTS
  • Tax Lot: 284-000
  • School Tax: $7,735
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Concessions: Yes
  • Concessions Amount: $2,000
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 4
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Units Furnished: None
  • Units Leased Count: 4
  • Number Of Units Vacant: 0
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Total Rooms: 5
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Total Rooms: 5
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Total Rooms: 5
Unit 4
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Total Rooms: 5
Financial Information
Financial Information
  • Gross Income: $51,600
  • Annual Rental Income: $51,600
  • Existing Lease Type: Gross
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 3,832.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 44.58 x 30.81
  • Parcel ID: 561225
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Attached Garage
  • Num of Attached Garage Spaces: 4
  • Total Garage Spaces: 4
  • Parking Features: Paved Driveway, Private
  • Garage Features: Basement Garage, Built In, Inside Access
Interior Features
Interior Features
  • Fireplace: No
  • Fireplaces Count: 0
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Spa: No
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Wall Unit
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: Circuit Breakers
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 508 Philmar Court

DateEvent & SourcePriceAppreciation
Jul 30, 2019

Closed

BRIGHT #PADE489064

$491,500
Jun 3, 2019

Pending

BRIGHT #PADE489064

May 2, 2019

Listed (Active)

BRIGHT #PADE489064

$525,000
DateEvent & SourcePrice
07/30/2019

Closed

BRIGHT #PADE489064

$491,500
06/03/2019

Pending

BRIGHT #PADE489064

05/02/2019

Listed (Active)

BRIGHT #PADE489064

$525,000

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

Public Records for 508 Philmar Court

Taxable ValueLand$94,710Additions$407,820Total$502,530
Tax Record2026$15,061 ($1,255 / month)
Home Facts
Baths4Total Finished SqFt3,832 SqFtAbove Grade Finished SqFt3,832 SqFtStories2Lot Size7,187 SqFtStyleQuadraplexYear Built1965CountyDELAWAREAPN42-00-04673-11

Schools near 508 Philmar Court

This home is within Springfield School District.
Rating
School
Type
Grades
Distance
Public - K to 1
Public - 6 to 8
Public - 9 to 12
Public - 2 to 5
Rating
School
Distance
Springfield Literacy Center
PublicK to 1

Richardson Middle School
Public6 to 8

Springfield High School
Public9 to 12

Scenic Hills El School
Public2 to 5

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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Listing Courtesy of RE/MAX Preferred - Newtown Square

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.