842 Garrett Lane

Closed 12/5/14

Sold

Last Sold Price

$400,000

8 beds4 baths3,680 sqft

842 Garrett Ln, Springfield, PA 19064

Multi FamilyProperty Type

0.21 acresLot Size

1980Year Built

$109/sq ftPrice per sq ft

8 carsParking Spaces

Description

Savvy investor wanted! Quite an opportunity to own one of these 34 year young Springfield quadraplexes on the popular, quiet cul-de-sac on Garrett Lane, as they do not come up often! NEW SHINGLE ROOF to be installed by end of October. What a bonus! This street is in a residential area, which helps it to stand out above the rest. Great curb appeal due to all variegated brickwork, capped eaves and sliding doors to the metal decks for each unit... (sliders trimmed with shutters). Bump-out common entry,...Savvy investor wanted! Quite an opportunity to own one of these 34 year young Springfield quadraplexes on the popular, quiet cul-de-sac on Garrett Lane, as they do not come up often! NEW SHINGLE ROOF to be installed by end of October. What a bonus! This street is in a residential area, which helps it to stand out above the rest. Great curb appeal due to all variegated brickwork, capped eaves and sliding doors to the metal decks for each unit... (sliders trimmed with shutters). Bump-out common entry, with steel door, brings you into the hallway with newer commercial grade indoor/outdoor carpeting (2012). Four 2 BR 1 BA units. 4 parking spaces off street. Coin-op washer and dryer in basement, along with glassblock windows, cedar closets and storage lockers for each unit. Outside entry from basement. Five newer 100 amp electric boxes. Five hot water heaters. Heaters serviced yearly. Newer chimney liner. Two wall AC's in each light-filled unit. Tenant pays gas, electric, phone and cable. Landlord pays sewer and cold water. Wall of closets in the Master bedroom. Double closet in BR #2. Bifold closet in hallway. Jalousie windows in bath for ventilation. Expansive living room/dining room combo, kitchens with abundant cabinetry. Unit 1(A)--wall AC-6/14, newer kitchen with oak cabinets, wainscoting and dentil moulding in DR, windows and Andersen slider to deck installed 7/14, hot water heater 5/14. (This unit was where the owner lived.) Hot water heater for building-5/14. 1(B)-hot water heater 6/13. 2(B)-carpeting and patio door-6/13. Back yard with shed. Parking for 4 cars off street + loads of on street parking for visitors. Convenient to shopping and restaurants close by on "The Golden Mile". There are Septa bus lines and a train station in Secane for passage to Philly and Media, yet this little pocket of quads is very private. Bellevue Park nearby as well. IT'S a GOLD MINE! Invest in your future! PS....seller has kept the rents low to attract tenants to stay long term. Other quads on the street get higher rents. Check out the other two past sales. Make this one yours!

Listed by: Maureen C Ingelsby 610.574.6203 maureen@maureeningelsby.com • Keller Williams Main Line

Listing closed: 12/05/2014 12:00 AM • Source: BRIGHT, MLS#: 1003112738

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Location

Listing Courtesy of Keller Williams Main Line

Sold By BHHS Fox & Roach Malvern-Paoli

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$2,901 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,135

Property Taxes

$766

HOA Dues

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Property Information for 842 Garrett Lane

Property Details

Taxes: $9,189 / year
MLS Type: Multi-Family / Fee Simple
County: Delaware County
Tax ID Number: 42-00-01985-08
Ownership: Fee Simple
Condo Coop Association: No
HOA: No
Structure Type: Detached
Style: Other
Waterfront: No
Garage: No
Subdivision: SPRINGFIELD
Subdivision: SPRINGFIELD (DELAWARE PA)
Cross Street: BELELVUE AVE.
Municipality: SPRINGFIELD TWP
Total Parking Spaces: 4
Central Air: No
Basement: Yes
Above Grade Finished SQFT: 3,680.00
Above Grade Fin SQFT Source: Estimated
New Construction: No
Construction Completed: No
Property Condition: Good

Building Information

Year Built: 1980
Lot Size: 0.21 AC / 9,313 SF

Location

School District Name: SPRINGFIELD
School District County ID: 300200397362

High School: SPRINGFIELD (DELAWARE PA)
County: DELAWARE
MLS Area: Springfield Twp (10442)

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: 2014
Tax Assessed Value: $223,310

Zoning: RESID
Tax Lot: 017-000

Unit Information

Two Bedroom Units Count: 4
Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Rooms

Room List: Primary Bedroom

Rooms Information

Room 1

Room Type: Primary Bedroom
Room Level: Unspecified

Room Exists: Yes

Multi Family

Unit 1

Type: Unit 4
Unit Type Occupied YN: Yes

Unit Type Finished SQFT: 950
Beds Total: 2
Half Baths Count: 0
Full Baths Count: 1
Unit Type Baths Total: 1
Unit Type Features: 9/30/15
Total Rooms: 5

Unit 2

Type: Unit 1
Unit Type Occupied YN: Yes

Unit Type Finished SQFT: 950
Beds Total: 2
Half Baths Count: 0
Full Baths Count: 1
Unit Type Baths Total: 1
Unit Type Features: 7/31/15
Total Rooms: 5

Unit 3

Type: Unit 2
Unit Type Occupied YN: Yes

Unit Type Finished SQFT: 950
Beds Total: 2
Half Baths Count: 0
Full Baths Count: 1
Unit Type Baths Total: 1
Unit Type Features: 3/31/15
Total Rooms: 5

Unit 4

Type: Unit 3
Unit Type Occupied YN: Yes

Unit Type Finished SQFT: 950
Beds Total: 2
Half Baths Count: 0
Full Baths Count: 1
Unit Type Baths Total: 1
Unit Type Features: M/M
Total Rooms: 5

Financial Information

Expenses

Insurance Expense: $2,000
Maintenance Expense: $400

Water Sewer Expense: $1,900
Electric Expense: $750
Annual Gross Expense: $14,239

Financial Information

Gross Income: $35,400

Building Info

Total Finished SQFT: 3,680.00
Total SQFT: 3,680.00

Construction Materials: Brick
Roof: Shingle
Ext Main Mid-res: http://bright-media.brightmls.com/bright/images/0000/3007/3480/2535/300734802535_512_384_WM_-yMXDlkJ320Pt5TX.jpg
Flooring Type: Wood, Fully Carpeted, Vinyl, Tile/Brick
Basement Type: Partial, Unfinished
Foundation Details: Concrete Perimeter
Storage: Basement

Lot / Land Information

Lot Size Dimensions: 73X127
Sign On Property: Yes

Parcel ID: 558219

Parking

Type Of Parking: On Street, Driveway
Total Non-Garage Parking Spaces: 4

Parking Features: Street

Interior Features

Fireplace: No
Accessibility Features: None

Window Features: Replacement
Laundry Type: Common, Has Laundry

Exterior Features

Exterior Features: Sidewalks
Pool: No Pool

Other Structures: Above Grade

Utilities

Utilities: Cable TV Available
Heating: Yes

Cooling Type: Wall Unit
Heating Type: Gas, Hot Water, Baseboard
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Water Source: Public
Sewer Septic: Public Sewer
Electric Service: 100 Amp Service

Confidential Data

Listing Office

List Agent AOR: Tri-County Suburban REALTORS

Property History for 842 Garrett Lane

Date	Event & Source	Price	Appreciation
Dec 5, 2014	Closed (Public Record) Public Record #491430267	$400,000	—
Dec 5, 2014	Closed BRIGHT #1003112738	$400,000	—
Oct 15, 2014	Pending BRIGHT #1003112738		—
Oct 9, 2014	Listed (Active) BRIGHT #1003112738	$425,000	—
Dec 3, 1997	Withdrawn BRIGHT #PADE413144	$265,000	—
Dec 3, 1997	Listed (Active) BRIGHT #PADE413144	$275,000	—
Sep 19, 1997	Expired BRIGHT #PADE339622	$275,000	—
Mar 19, 1997	Listed (Active) BRIGHT #PADE339622	$275,000	—

Date	Event & Source	Price
12/05/2014	Closed (Public Record) Public Record #491430267	$400,000
12/05/2014	Closed BRIGHT #1003112738	$400,000
10/15/2014	Pending BRIGHT #1003112738	—
10/09/2014	Listed (Active) BRIGHT #1003112738	$425,000
12/03/1997	Withdrawn BRIGHT #PADE413144	$265,000
12/03/1997	Listed (Active) BRIGHT #PADE413144	$275,000
09/19/1997	Expired BRIGHT #PADE339622	$275,000
03/19/1997	Listed (Active) BRIGHT #PADE339622	$275,000

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

Public Records for 842 Garrett Lane

Taxable ValueLand$100,850Additions$370,970Total$471,820

Tax Record2026$14,141 ($1,178 / month)

Home Facts

Baths4Total Finished SqFt3,680 SqFtAbove Grade Finished SqFt3,680 SqFtStories2Lot Size8,799 SqFtStyleQuadraplexYear Built1980CountyDELAWAREAPN42-00-01985-08

Schools near 842 Garrett Lane

This home is within Springfield School District.


Rating	School	Type	Grades	Distance
NR	Springfield Literacy Center	Public - Serves this home	K to 1	1.5 mi
8/10	Richardson Middle School	Public - Serves this home	6 to 8	1.5 mi
10/10	Springfield High School	Public - Serves this home	9 to 12	1.3 mi
10/10	Scenic Hills El School	Public - Nearby school	2 to 5	1.2 mi
10/10	Sabold El School	Public - Nearby school	2 to 5	1.3 mi
NR	St Eugene Elementary School	Private - Nearby school	PK to 8	0.7 mi
NR	Holy Cross School	Private - Nearby school	PK to 8	0.8 mi


Rating	School	Distance
NR	Springfield Literacy Center PublicK to 1 Serves this home	1.5 mi
8/10	Richardson Middle School Public6 to 8 Serves this home	1.5 mi
10/10	Springfield High School Public9 to 12 Serves this home	1.3 mi
10/10	Scenic Hills El School Public2 to 5 Nearby school	1.2 mi
10/10	Sabold El School Public2 to 5 Nearby school	1.3 mi
NR	St Eugene Elementary School PrivatePK to 8 Nearby school	0.7 mi
NR	Holy Cross School PrivatePK to 8 Nearby school	0.8 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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Listing Courtesy of Keller Williams Main Line

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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