NOT LISTED FOR SALE

124 Lexington Ave Lansdowne, PA 19050

Estimated Value: $197,000 - $235,019

-- Bed
2 Baths
1,492 Sq Ft
$144/Sq Ft Est. Value

Last Sold March 09, 2022

Last sale price $139,900 $94 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,632/month

178 Days on Market

Highlights

  • No HOA
  • Hot Water Heating System
  • 4-minute walk to East Lansdowne Memorial Park
  • Central Air

About This Home

As of March 2022

Virtual tour available upon request. No showings at this time. Cosmetic updates will allow for equity from day one. Bi-level unit will be vacant for you to move into!

Located on a quiet tree lined street in highly sought after East Lansdowne, PA, this duplex is ready for a new owner. An ideal investment or owner-occupied two-family home, this beautiful property is well maintained. With a little "sweat equity", this duplex will offer its new owner the rare opportunity to own a multifamily property, that is priced fairly and is in need of only cosmetic updates.

The property features a driveway with enough off street parking for three vehicles, a tranquil cedar front porch and large well kept rear yard.

The first floor includes one bedroom, kitchen, dining room, family room, backyard access, basement / laundry room access and full bath with tub and shower. The second floor is bi-level and includes two bedrooms, eat in kitchen, sunroom, laundry, small deck, family room, full bath with tub and shower. Each unit has two means of egress.

*Photos are of the property prior to current tenants moving in*

Last Agent to Sell the Property

RJ Griffin

Springer Realty Group License #RS343536 Listed on: 07/17/2021

Springer Realty Group

Last Buyer's Agent

LaToya Fowler

Keller Williams Elite License #RS-0038498

Keller Williams Elite

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 3,223 Sq Ft Lot
  • Lot Dimensions are 25.00 x 120.00

Parking

  • Driveway

Home Design

  • Duplex
  • Side-by-Side
  • Pitched Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 1,492 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • 3-Story Building

Listing and Financial Details

  • Tax Lot 286-000
  • Assessor Parcel Number 17-00-00459-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • Exclusions: Tenant's personal property
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Remarks Public: Virtual tour available upon request. No showings at this time. Cosmetic updates will allow for equity from day one. Bi-level unit will be vacant for you to move into! Located on a quiet tree lined street in highly sought after East Lansdowne, PA, this duplex is ready for a new owner. An ideal investment or owner-occupied two-family home, this beautiful property is well maintained. With a little "sweat equity", this duplex will offer its new owner the rare opportunity to own a multifamily property, that is priced fairly and is in need of only cosmetic updates. The property features a driveway with enough off street parking for three vehicles, a tranquil cedar front porch and large well kept rear yard. The first floor includes one bedroom, kitchen, dining room, family room, backyard access, basement / laundry room access and full bath with tub and shower. The second floor is bi-level and includes two bedrooms, eat in kitchen, sunroom, laundry, small deck, family room, full bath with tub and shower. Each unit has two means of egress. *Photos are of the property prior to current tenants moving in*
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1492
  • Living Area Sq Ft: 1492
  • Price Per Sq Ft: 88.81
  • Above Grade Finished Sq Ft: 1492
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 124

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco, Stone
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

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

Condo/Co-op/Association

  • HOA: No

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: 77040.00
  • Land Assessed Value: 44620.00
  • Land Use Code: R-20
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3223.00
  • Year Assessed: 2021
  • Zoning: RES

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 465304
  • School Tax: 3428.00
  • Tax Annual Amount: 4689.00
  • Assessor Parcel Number: 17-00-00459-00
  • Tax Lot: 286-000
  • Tax Total Finished Sq Ft: 1492
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 03/09/2022

MLS Schools

  • School District Name: WILLIAM PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2021
Closed on
Mar 9, 2022
Sold by
Sparrow Shelby L
Bought by
Jones Courtney
Seller's Agent
RJ Griffin
Springer Realty Group
Buyer's Agent
LaToya Fowler
Keller Williams Elite
List Price
$132,500
Sold Price
$139,900
Premium/Discount to List
$7,400
5.58%
Current Estimated Value
$218,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,973
Avg. Annual Appreciation
13.50%
Original Mortgage
$167,454
Outstanding Balance
$157,594
Interest Rate
3.76%
Mortgage Type
FHA
Estimated Equity
$58,146

Purchase Details

Closed on
Feb 26, 2010
Sold by
Scheidel David J P
Bought by
Sparrow Shelby L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,826
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 13, 2002
Sold by
Wootten Wiesia
Bought by
Scheidel David J P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,500
Interest Rate
6.36%
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
Jones Courtney $139,900 New Title Company Name
Sparrow Shelby L $120,000 None Available
Scheidel David J P $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Courtney $167,454
Previous Owner Sparrow Shelby L $117,826
Previous Owner Scheidel Ii David J P $50,000
Previous Owner Scheidel David J P $79,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2022 03/09/22 Sold $139,900 +5.6% $94 / Sq Ft
01/11/2022 01/11/22 Pending -- -- --
01/08/2022 01/08/22 Price Changed $132,500 0.0% $89 / Sq Ft
01/08/2022 01/08/22 For Sale $132,500 -5.3% $89 / Sq Ft
09/18/2021 09/18/21 Off Market $139,900 -- --
08/03/2021 08/03/21 Pending -- -- --
07/17/2021 07/17/21 For Sale $145,000 -- $97 / 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 $5,198 $121,660 $44,620 $77,040
2023 $3,887 $121,660 $44,620 $77,040
2022 $4,689 $121,660 $44,620 $77,040
2021 $6,990 $121,660 $44,620 $77,040
2020 $3,900 $59,220 $19,300 $39,920
2019 $3,835 $59,220 $19,300 $39,920
2018 $3,785 $59,220 $0 $0
2017 $3,591 $59,220 $0 $0
2016 $325 $59,220 $0 $0
2015 $332 $59,220 $0 $0
2014 $325 $59,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2002808

Bright MLS

APN: 17-00-00459-00