Archives for April 2011

3 Chatham Place – Open House – Sunday May 1 From 1 Until 3

April 29, 2011 by admin

: 3 Chatham Place

3 Chatham Place, Wallingford, PA – $347,200

OPEN HOUSE SUNDAY MAY 1 FROM 1 TO 3

Last weekend’s Open House was so well received that Weichert Realtors, Media again presents the opportunity to see one of Wallingford’s stately older homes. This 5 bedroom 3.5 bath home is located on a cul-de-sac, awaits a buyer who appreciates the potential in the restoration of this 83 year old treasure. It’s 4,300 square feet features the craftsmanship of a bygone era – 5 bedrooms 3.5 baths, back staircase, 2 fireplaces, hardwood floors, generous room sizes – a 15′ x 28′ living room for example. There is also a 2 car garage, full basement, and a large attic that is ready for finishing. Stop in at the Open House – Sunday May 1 from 1 until 3 PM – while you still have the chance!

Listing Agent: Carolyn Sabatelli

Phone: 610-566-3532

3 Chatham Place Back

3 Chatham Place

Strathmore Court Drainage Issue Resolved

April 26, 2011 by admin

An agreement to remedy the flooding caused by improper drainage at the new Strathmore Court development located off of Providence Road near the Middle School has been reached.

Several homes on the south side of Strathmore Court were supposed to be equipped with rain gutters that drain forward, to the street and, and in turn, to a storm water basin at the end of the cul-de-sac.

However, the homes’ gutters were installed to instead drain to the rear. The result has been excess storm water making its way into the yards of properties on adjoining Palmers Lane, causing flooding, harming plantings and doing other damage.

Under an agreement unanimously approved via a resolution on April 14 by the township Board of Commissioners, AG&B Builders, the developer of the street, and the owners of lots 9-11 consent to the installation of a piping system that will direct runoff from the homes to an underground pipe to be placed in their backyards. The pipe will then transport the water to the drainage basin.

The work will have to be completed within 45 days, and the township Engineer will conduct an inspection of the system afterwards.

Selling? – It Is All About The Timing

April 22, 2011 by admin

: When Is The Best Time To Get One Of These?

Home buyers are creatures of habit, and follow historically predictable patterns when looking to purchase a home. The decision on when to list a home for sale should take those numbers into account, and it is beneficial to understand what those patterns are, and how they affect the number of people who are actively in the market, and thus the number of potential buyers that will turn out to visit your home.

The following data represents the average percentage of settlements by month in Wallingford, Nether Providence Township, based upon the last 5 full years of sales activity. The raw numbers vary from year to year, but the pattern of activity is consistent.

Percentage Of Wallingford Settled Homes By Month

Jan	Feb	March	April	May	June	July	Aug	Sept	Oct	Nov	Dec
6%	5%	7%	8%	10%	15%	11%	9%	8%	7%	9%	5%

The number of settled homes peaks in June – with 15% of the yearly total of settlements occurring during that month, followed closely by July at 11%. December and February set the lows for the year at 5%. Settlement data is a trailing indicator of buying activity, since it generally takes from 6 to 8 weeks from the execution of a contract to the settlement of the property.

This means in any given year the largest number of potential home buyers are out looking for homes NOW! In fact 62% of homes settle by the end of July, 26% of settlements on a average annual basis occur in June and July alone, reinforcing the fact that April through early June is the peak time for home seekers. In any market it seems wise to take advantage of the period of strongest demand.

As I mentioned earlier the numbers vary from year to year – this is a recap of Wallingford homes sold for the last 5 full years, dating back to 2006.

Wallingford Homes Sold By Year – 2006 thru 2010

2006	2007	2008	2009	2010
208	219	163	161	125

See Wallingford Homes Sold data back to 2008

Nether Providence Rental Inspection Ordinance Approved

April 21, 2011 by admin

The owners of Nether Providence’s 415 registered rental units finally know what the terms and conditions regarding inspections involve. The process and discussion of rental inspections which was begun in mid year 2010, and has been finally approved by township commissioners by a unanimous 6-0 vote.

The recommendations of the Rental Committee ,which was composed of tenants, landlords, and Nether Providence Township officials, were presented to the commissioners at a February 3, 2011 meeting. The regulations put in place adopted the committee’s recommendations except for the proposal that the inspections be conducted every two years.

All rental units are subject to a yearly inspection to ensure compliance with the Nether Providence Housing Code. For rental complexes with more than 40 units and fewer than 53, the new requirement is for half the units to be inspected each year. In the case of properties with more than 53 units, one-third will have to be evaluated annually.

The fee charged by the township will be $75 per unit for properties with four or less units and $40 per unit for an assessment of properties with five or more units. Last June the proposal of a $200 fee was meet with vocal opposition from landlords.

All landlords will also be required to register each rental unit for a one-time fee of $25.

The Plush Mills senior living facility was granted an exemption from the ordinance, due to the fact of close oversight from state agencies.

3 Chatham Place – Wallingford – Open House – Saturday April 23 From 1 to 3

April 21, 2011 by admin

: 3 Chatham Place

3 Chatham Place, Wallingford, PA – $347,200

Weichert Realtors, Media presents the opportunity to see one of Wallingford’s stately older homes. This 5 bedroom 3.5 bath home is located on a cul-de-sac directly across from the Wallingford Elementary School, awaits a buyer who appreciates the potential in the restoration of this 83 year old treasure. It’s 4,300 square feet features the craftsmanship of a bygone era – 5 bedrooms 3.5 baths, back staircase, 2 fireplaces, hardwood floors, generous room sizes – a 15′ x 28′ living room for example. There is also a 2 car garage, full basement, and a large attic that is ready for finishing. Stop in at the Open House this Saturday April 23 – just for the sake of curiosity.

Listing Agent: Carolyn Sabatelli

Phone: 610-566-3532

3 Chatham Place Back

3 Chatham Place

Archives for April 2011

3 Chatham Place, Wallingford, PA – $347,200

OPEN HOUSE SUNDAY MAY 1 FROM 1 TO 3

3 Chatham Place, Wallingford, PA – $347,200

S. Clark Kendus