3724 Merrick Rd Philadelphia, PA 19129

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3 beds · 1 bath · 1,288 sq ft · Lot Size: 2,300 sq ft · Single Family Home · East Falls
Est. Property Value: $350,741

High Demand Long-Term RentalLarge Lot AdvantageOwned for 15 - 25 YearsOwner Age 65 - 75

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3724 Merrick Rd is in the East Falls neighborhood of Philadelphia, PA. It is located in Philadelphia County and ZIP code 19129. This Single Family Home was built in 2007 and is approximately 18 years old. The single family home spans 1288 sq ft with 3 bedrooms and 1 bathroom and sits on a 2300 sq ft lot. According to public records, it was last sold in 2007 for $160,000 and has a tax-assessed value of $270,900, which is $272 per sq ft. The East Falls area of Philadelphia has 3 residential homes with an average size of 1120 sq ft. Analyze and compare real estate investment strategies for properties like this home at 3724 Merrick Rd Philadelphia, PA 19129 with Property Intel by Whitepages.

3724 Merrick Rd

Philadelphia, PA 19129

Owner Info

Owners & Occupancy for 3724 Merrick Rd

This property is owned by Lucas Bengamin. Owner contact information includes 4 phone numbers and 5 email addresses.

Property Owners

Cell Phone(267) ***-****View Cell Phone
Residence****************
Landline(215) 468-4265
Distance from Property**********
Email Address********@aol.comView Email

Residence****************
Landline
Distance from Property**********
Email Address******@charter.netView Email
View All Owner Info

Occupancy

Current Occupancy*****View Occupancy
Resident 1************ age 63
Resident 2************** age 69
Resident 3************* age 39

Property Financials for 3724 Merrick Rd

3724 Merrick Rd, Philadelphia, PA has a mortgage from Wachovia Mtg (orig. June 21, 2024). The Philadelphia county assessment for 2024 values it at $270,900, with annual taxes of $3,792.

Mortgage & Equity Information

Loan Amount$******
LenderWachovia Mtg
Origination DateJune 21, 2024
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date*************
Equity View Equity
View All Mortgage Info

Property Tax

Purchase DateJune 14, 2007
Property Tax Amount$3,792 in 2024
Purchase Price$160,000
Assessed Value$270,900 on 2024

Investment Potential for 3724 Merrick Rd

The property has a current estimated value of $350,741, which is 15% above the neighborhood median, based on public records. It last sold on June 14, 2007 for $160K. Projected long-term
is $28,200 annually ($2,350 per month) with a 90% occupancy rate.

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Long-Term

Gross Rental
$28,200 per year($2,350 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
90%in 19129 zip code
 
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Property Details for 3724 Merrick Rd

Property Details

Property Sq Ft

Living Area

1,288 sq ft

15% above market

Lot Size

2,300 sq ft

66% above market

Price Per Sq Ft

Living Area

$272 / sq ft

1% above market

Lot Size Area

$152 / sq ft

31% below market

Property condition, age, exterior, etc. for 3724 Merri…
Longitude: -75.196965 Latitude: 40.011431 Parcel Number (APN): 38-3310035…

Recommended Properties in East Falls

Discover more single family homes near 3724 Merrick Rd in Philadelphia, Pennsylvania. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 3724 Merrick Rd in Philadelphia County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$350,741
$233,271
$117,471 (50%)
$******
$407,348
$50,068 (12%)
YoY Price Change
****%
2.5%
-472%
Year Built
2007
1957
50 years
Living Space
1,288 sq ft
1,451 sq ft
-163 (-11%)
$ Per Living Sq Ft
$272
$161
$111 (69%)
Lot Size
2,300 sq ft
8,712 sq ft
-6412 (-74%)
$ Per Lot Sq Ft
$152
$32
$121 (384%)

Net Operating Income
$*****
$16,783
$1,300 (8%)
Annual Revenue
$28,200
$25,800
$2,400 (9%)
$*****
$8,585
$1,532 (18%)
Net Operating Income
$*****
$16,783
$1,300 (8%)
Cap Rate
****%
7.08%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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