NOT LISTED FOR SALE

1051 Yeadon Ave Lansdowne, PA 19050

Estimated Value: $320,014 - $452,000

-- Bed
2 Baths
3,600 Sq Ft
$107/Sq Ft Est. Value

Last Sold February 23, 2022

Last sale price $315,000 $88 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,677/month

73 Days on Market

Highlights

  • Traditional Architecture
  • Radiator
  • 1-minute walk to Chester Avenue And Church Lane

About This Home

As of February 2022

Don't miss this great investment opportunity on a nice block in Lansdowne Delaware County. The property is a Triplex that features two 2 bedroom units and one 3 bedroom unit. All units have their own separate entrance with separate utilities. All apartments have been updated and have generously sized bedrooms, kitchen and living room with a full bathroom . The main sewer line was recently replaced to the street. The property is conveniently located close to public transportation, local restaurants and shops. All three units are currently occupied, and monthly rents are $850, $1,000 and $1,350.

Last Agent to Sell the Property

Maggie Hamson

Keller Williams Realty Devon-Wayne Listed on: 11/01/2021

Keller Williams Realty Devon-Wayne

Last Buyer's Agent

Jaimee Smith

Compass RE License #AB069165

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,614

Year Built

  • Built in 1940

Lot Details

  • 2,788 Sq Ft Lot
  • Lot Dimensions are 31.00 x 84.00

Parking

  • On-Street Parking

Home Design

  • 3,600 Sq Ft Home
  • Triplex
  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Stone Siding
  • Stucco

Kitchen

  • Oven
  • Built-In Range
  • Microwave
  • Dishwasher

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 269-000
  • Assessor Parcel Number 48-00-03399-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,614

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1940
  • Automatically Close On Close Date: Yes
  • Remarks Public: Don't miss this great investment opportunity on a nice block in Lansdowne Delaware County. The property is a Triplex that features two 2 bedroom units and one 3 bedroom unit. All units have their own separate entrance with separate utilities. All apartments have been updated and have generously sized bedrooms, kitchen and living room with a full bathroom . The main sewer line was recently replaced to the street. The property is conveniently located close to public transportation, local restaurants and shops. All three units are currently occupied, and monthly rents are $850, $1,000 and $1,350.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Built-In Range, Dishwasher, Microwave, Oven - Single, Refrigerator
  • Fireplace: No
  • Foundation Details: Slab
  • Total Sq Ft: 3600
  • Living Area Sq Ft: 3600
  • Price Per Sq Ft: 90.28
  • Above Grade Finished Sq Ft: 3600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1051

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone, Stucco
  • 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: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Cable Tv Available
  • Water Source: Public

Schools

  • School District: WILLIAM PENN
  • School District Key: 300200397351
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 145340.00
  • Land Assessed Value: 33410.00
  • Land Use Code: R-20
  • Lot Size Acres: 0.06
  • Lot Dimensions: 31.00 x 84.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2788.00
  • Year Assessed: 2021
  • Zoning: R-20

Rental Info

  • Owner Pays: Water
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 576135
  • School Tax: 5037.00
  • Tax Annual Amount: 6614.00
  • Assessor Parcel Number: 48-00-03399-00
  • Tax Lot: 269-000
  • Tax Total Finished Sq Ft: 1920
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/23/2022

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: WILLIAM PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Feb 23, 2022
Sold by
Goldstein Ehab A
Bought by
Arora Sanjeev
Seller's Agent
Maggie Hamson
Keller Williams Realty Devon-Wayne
Buyer's Agent
Jaimee Smith
Compass RE
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Current Estimated Value
$374,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,522
Avg. Annual Appreciation
5.51%
Original Mortgage
$236,250
Outstanding Balance
$221,861
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$157,956

Purchase Details

Closed on
Feb 15, 2019
Sold by
Erwin Sylvester Llc
Bought by
Goldstein Ehab A and Goldstein Raghed A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2009
Sold by
Erwin Raymond H
Bought by
Erwin Sylvester Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.93%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 15, 2007
Sold by
Marcelli Mitchel P
Bought by
Erwin Raymond H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 6, 2006
Sold by
Roccia Ronald and Raff Jerry L
Bought by
Marcelli Mitchel P
Source: Public Records

Range of Values:

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Average Value
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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
Arora Sanjeev $315,000 None Listed On Document
Goldstein Ehab A $230,000 Trident Land Transfer Co Lp
Erwin Sylvester Llc $130,531 None Available
Erwin Raymond H $115,000 None Available
Marcelli Mitchel P $55,606 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arora Sanjeev $236,250
Previous Owner Goldstein Ehab A $161,250
Previous Owner Erwin Sylvester Llc $190,000
Previous Owner Erwin Raymond H $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2022 02/23/22 Sold $315,000 -3.1% $88 / Sq Ft
01/13/2022 01/13/22 Pending -- -- --
12/13/2021 12/13/21 Price Changed $325,000 -4.4% $90 / Sq Ft
11/09/2021 11/09/21 Price Changed $340,000 +4.6% $94 / Sq Ft
11/01/2021 11/01/21 For Sale $325,000 -- $90 / 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 $7,633 $178,750 $33,410 $145,340
2023 $6,932 $178,750 $33,410 $145,340
2022 $6,610 $178,750 $33,410 $145,340
2021 $9,996 $178,750 $33,410 $145,340
2020 $4,739 $75,890 $19,280 $56,610
2019 $4,656 $75,890 $19,280 $56,610
2018 $4,591 $75,890 $0 $0
2017 $4,495 $75,890 $0 $0
2016 $416 $75,890 $0 $0
2015 $425 $75,890 $0 $0
2014 $416 $75,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2010306

Bright MLS

APN: 48-00-03399-00