$155,000
SOLD OCT 29, 2013

108 Mckinley Ave Lansdowne, PA 19050

-- Bed
-- Bath
2,739 Sq Ft
5,004 Sq Ft Lot

Recently Sold

$57 Per Sq Ft

9% Below List Price

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Gas

About This Home

As of October 2013

Outstanding Twin Triplex with two 2 bedroom apts and one 1 bedroom unit with unfinished basement. Nice quiet street convenient to everything! New roof in 2006. Converted to new GAS furnace in 2012. (Heat and water/sewer exp. is an estimate) Excellent cash flow for investor or live in yourself and collect rent to pay the mortgage! Convenient to the City. Good rental history. SEE ATTACHED INVESTMENT ANALYSIS!

Last Agent to Sell the Property

Bill Finigan

(610) 306-9856 williamefinigan@gmail.com Long & Foster Real Estate, Inc. License #RA-0002723 Listed on: 03/11/2013

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Michelle Whitaker

(610) 733-6937 michellewhitaker@kw.com Keller Williams Real Estate - West Chester License #RS300789

Keller Williams Real Estate - West Chester

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 5,004 Sq Ft Lot
  • Lot Dimensions are 36x139
  • Property is in good condition

Parking

  • 3 Open Parking Spaces

Home Design

  • Triplex
  • Brick Exterior Construction
  • Pitched Roof

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,739 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Schools

  • Penn Wood High School

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 220-000
  • Assessor Parcel Number 23-00-02253-00

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $1,400
  • Operating Expense $9,966

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Remarks Public: Outstanding Twin Triplex with two 2 bedroom apts and one 1 bedroom unit with unfinished basement. Nice quiet street convenient to everything! New roof in 2006. Converted to new GAS furnace in 2012. (Heat and water/sewer exp. is an estimate) Excellent cash flow for investor or live in yourself and collect rent to pay the mortgage! Convenient to the City. Good rental history. SEE ATTACHED INVESTMENT ANALYSIS!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Entry Location: Foyer
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2739
  • Living Area Sq Ft: 2739
  • Price Per Sq Ft: 62.03
  • Above Grade Finished Sq Ft: 2739
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 108

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3

Utilities

  • Annual Heating Expense: 2500.00
  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1500.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: WILLIAM PENN
  • High School: PENN WOOD
  • School District Key: 300200397351
  • High School: PENN WOOD

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 36X139
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5004.00
  • Property Condition: Good
  • Zoning: MULTI

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 27720.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 493450
  • Tax Annual Amount: 4646.00
  • Assessor Parcel Number: 23-00-02253-00
  • Tax Lot: 220-000
  • Tax Year: 2013
  • Close Date: 10/29/2013

MLS Schools

  • School District Name: WILLIAM PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2013
Closed on
Oct 2, 2013
Sold by
Collins Linda J
Bought by
Patterson Jeffrey S
Seller's Agent
Bill Finigan
Long & Foster Real Estate, Inc.
Buyer's Agent
Michelle Whitaker
Keller Williams Real Estate - West Chester
List Price
$169,900
Sold Price
$155,000
Premium/Discount to List
-$14,900
-8.77%
Current Estimated Value
$338,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,333
Avg. Annual Appreciation
6.63%
Original Mortgage
$191,579
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 23, 2010
Sold by
Estate Of Catherine M Collins
Bought by
Collins Linda J

Purchase Details

Closed on
Feb 28, 2000
Sold by
Collins Clarence E and Collins Catherine M
Bought by
Collins Catherine M
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 Type Sale Price Title Company
Deed $155,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $191,579 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2016 04/15/16 Rented $850 -2.9% --
04/15/2016 04/15/16 Under Contract -- -- --
01/20/2016 01/20/16 For Rent $875 0.0% --
10/29/2013 10/29/13 Sold $155,000 -8.8% $57 / Sq Ft
09/11/2013 09/11/13 Pending -- -- --
03/11/2013 03/11/13 For Sale $169,900 -- $62 / 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
2025 $8,442 $205,040 $35,860 $169,180
2024 $8,442 $205,040 $35,860 $169,180
2023 $8,048 $205,040 $35,860 $169,180
2022 $7,891 $205,040 $35,860 $169,180
2021 $11,849 $205,040 $35,860 $169,180
2020 $5,241 $79,920 $23,470 $56,450
2019 $5,153 $79,920 $23,470 $56,450
2018 $5,065 $79,920 $0 $0
2017 $4,953 $79,920 $0 $0
2016 $439 $79,920 $0 $0
2015 $439 $79,920 $0 $0
2014 $439 $79,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003365714

Bright MLS

APN: 23-00-02253-00