NOT LISTED FOR SALE

Estimated Value: $294,154 - $342,000

3 Beds
1 Bath
1,293 Sq Ft
$244/Sq Ft Est. Value

Last Sold August 21, 2019

Last sale price $174,000 $135 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,181/month

33 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • Sitting Room
  • Wood Flooring
  • No HOA
  • 2-minute walk to Dermond Recreation Center

About This Home

As of August 2019

Welcome to 1040 Old Lane, located in Drexel Hill. This home is ready for it's new owner. The front entrance is through the enclosed screened-in porch. Open the door to the living room with lots of natural light. Move to the dining room where you will find the architectural detail of the bump out window, allowing for more space and even more natural light. Off of the dining room is the kitchen with white cabinets and Corian countertops. The door from the kitchen leads to the side yard. Through the hallway from the kitchen you will come upon a newer updated bathroom with tile and glass block accents. Across from the bath is the main bedroom with two closets and french doors leading out to the expansive wood deck. This room could make a great family room! There is another bedroom on this floor. Hardwood floors are throughout most of this floor. The second floor includes 2 spacious rooms; a bedroom and an office/sitting room. This could easily be converted into 2 bedrooms. This home has gas hot air heat and central air conditioning. Make your appointment today!

Last Agent to Sell the Property

Pat Gildea

Keller Williams Real Estate - Media Listed on: 05/08/2019

Keller Williams Real Estate - Media

Last Buyer's Agent

Sally Neuspiel

BHHS Fox & Roach-Media License #RS150800A

BHHS Fox & Roach-Media

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 4,095 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,293 Sq Ft Home
  • Property has 1.5 Levels
  • Sitting Room
  • Living Room
  • Dining Room

Kitchen

  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Drexel Park Garden Subdivision

Listing and Financial Details

  • Tax Lot 006-020
  • Assessor Parcel Number 16-08-02258-00

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Refrigerator, washer & dryer
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2019-05-09
  • Federal Flood Zone: No
  • Year Built: 1950
  • Remarks Public: Welcome to 1040 Old Lane, located in Drexel Hill. This home is ready for it's new owner. The front entrance is through the enclosed screened-in porch. Open the door to the living room with lots of natural light. Move to the dining room where you will find the architectural detail of the bump out window, allowing for more space and even more natural light. Off of the dining room is the kitchen with white cabinets and Corian countertops. The door from the kitchen leads to the side yard. Through the hallway from the kitchen you will come upon a newer updated bathroom with tile and glass block accents. Across from the bath is the main bedroom with two closets and french doors leading out to the expansive wood deck. This room could make a great family room! There is another bedroom on this floor. Hardwood floors are throughout most of this floor. The second floor includes 2 spacious rooms; a bedroom and an office/sitting room. This could easily be converted into 2 bedrooms. This home has gas hot air heat and central air conditioning. Make your appointment today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Washer
  • Interior Amenities: Carpet, Entry Level Bedroom, Wood Floors
  • Levels Count: 1.5
  • Room List: Living Room, Dining Room, Sitting Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Bathroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1293
  • Living Area Sq Ft: 1293
  • Price Per Sq Ft: 144.62
  • Above Grade Finished Sq Ft: 1293
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1040

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: UPPER DARBY
  • School District Key: 300200397363
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 58960.00
  • Land Assessed Value: 50280.00
  • Land Use Code: R-10
  • Lot Size Acres: 0.09
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4095.00
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 453123
  • School Tax: 4057.00
  • Tax Annual Amount: 6942.00
  • Assessor Parcel Number: 16-08-02258-00
  • Tax Lot: 006-020
  • Tax Total Finished Sq Ft: 1293
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 08/21/2019

MLS Schools

  • School District Name: UPPER DARBY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2019
Closed on
Aug 12, 2019
Sold by
Scholla Kevin D and Sainville Helena M
Bought by
Chun Kristen
Seller's Agent
Pat Gildea
Keller Williams Real Estate - Media
Buyer's Agent
Sally Neuspiel
BHHS Fox & Roach-Media
List Price
$196,000
Sold Price
$174,000
Premium/Discount to List
-$22,000
-11.22%
Current Estimated Value
$308,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,787
Original Mortgage
$139,200
Outstanding Balance
$125,241
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2007
Sold by
Davoli Susan M
Bought by
Scholla Kevin D and Rainville Helena M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2002
Sold by
Philson Christopher J and Philson Kristen G
Bought by
Davoli Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,200
Interest Rate
6.39%

Purchase Details

Closed on
Jul 24, 2000
Sold by
Stracciolini Rosalba V and Bushar Lauretta V
Bought by
Philson Christopher J and Woods Kristen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,941
Interest Rate
8.1%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chun Kristen $174,000 Trident Land Transfer Co Lp
Scholla Kevin D $220,000 Commonwealth Land Title Insu
Davoli Susan M $134,000 Commonwealth Land Title Ins
Philson Christopher J $111,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chun Kristen $139,200
Previous Owner Scholla Kevin D $199,505
Previous Owner Scholla Kevin D $198,000
Previous Owner Davoli Susan M $107,200
Previous Owner Philson Christopher J $110,941
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2019 08/21/19 Sold $174,000 -7.0% $135 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
05/22/2019 05/22/19 Price Changed $187,000 -4.6% $145 / Sq Ft
05/09/2019 05/09/19 For Sale $196,000 -- $152 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,508 $153,880 $53,840 $100,040
2023 $6,446 $153,880 $53,840 $100,040
2022 $6,273 $153,880 $53,840 $100,040
2021 $8,459 $153,880 $53,840 $100,040
2020 $7,066 $109,240 $50,280 $58,960
2019 $6,942 $109,240 $50,280 $58,960
2018 $6,862 $109,240 $0 $0
2017 $6,684 $109,240 $0 $0
2016 $600 $109,240 $0 $0
2015 $612 $109,240 $0 $0
2014 $612 $109,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE490314

Bright MLS

APN: 16-08-02258-00