NOT LISTED FOR SALE

127 Melrose Ave Lansdowne, PA 19050

Estimated Value: $237,000 - $357,000

-- Bed
2 Baths
1,338 Sq Ft
$208/Sq Ft Est. Value

Last Sold August 09, 2022

Last sale price $290,000 $217 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,948/month

19 Days on Market

About This Home

As of August 2022

Welcome to 127 Melrose Ave, Lansdowne, PA 19050 this is a spacious single family duplex with two empty units available for you to live in or create a second income. The first floor unit is a two bedroom one bathroom apartment with access to a large backyard, basement of the property for storage and a driveway for additional parking. The second floor unit is a spacious one bedroom unit with a separate entrance for privacy, access to the backyard and driveway. Bottom units have separate washer and dryer combination units inside the apartments, with new appliances. The location is optimal, just minutes from shopping and dining. Schedule your appointment today.

Last Agent to Sell the Property

Madalyn Eleby

Opulent Realty Group LLC Listed on: 06/27/2022

Last Buyer's Agent

Shonda Webb

EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,206

Year Built

  • Built in 1915

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 37.00 x 120.00

Home Design

  • 1,338 Sq Ft Home
  • Duplex
  • Brick Foundation
  • Stucco

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 220-000
  • Assessor Parcel Number 17-00-00523-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,206

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Automatically Close On Close Date: Yes
  • Remarks Public: Welcome to 127 Melrose Ave, Lansdowne, PA 19050 this is a spacious single family duplex with two empty units available for you to live in or create a second income. The first floor unit is a two bedroom one bathroom apartment with access to a large backyard, basement of the property for storage and a driveway for additional parking. The second floor unit is a spacious one bedroom unit with a separate entrance for privacy, access to the backyard and driveway. Bottom units have separate washer and dryer combination units inside the apartments, with new appliances. The location is optimal, just minutes from shopping and dining. Schedule your appointment today.
  • Special Features: None

Interior Features

  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 1338
  • Living Area Sq Ft: 1338
  • Price Per Sq Ft: 208.52
  • Above Grade Finished Sq Ft: 1338
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 127

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • 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, On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • 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: 63500.00
  • Land Assessed Value: 45650.00
  • Land Use Code: R-20
  • Lot Size Acres: 0.10
  • Lot Dimensions: 37.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Year Assessed: 2022
  • Zoning: MULTI FAMILY

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 465366
  • School Tax: 3075.00
  • Tax Annual Amount: 4206.00
  • Assessor Parcel Number: 17-00-00523-00
  • Tax Lot: 220-000
  • Tax Total Finished Sq Ft: 1338
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/09/2022

MLS Schools

  • School District Name: WILLIAM PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Aug 8, 2022
Sold by
K & K Realty Acquisitions Llc
Bought by
Belfort Kristie
Seller's Agent
Madalyn Eleby
Opulent Realty Group LLC
Buyer's Agent
Shonda Webb
EXP Realty, LLC
List Price
$279,000
Sold Price
$290,000
Premium/Discount to List
$11,000
3.94%
Total Days on Market
19
Current Estimated Value
$277,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,241
Avg. Annual Appreciation
-1.52%
Original Mortgage
$250,000
Outstanding Balance
$240,173
Interest Rate
5.25%
Mortgage Type
Balloon
Estimated Equity
$37,586

Purchase Details

Closed on
Jul 1, 2021
Sold by
Washington Malcolm H
Bought by
K & K Realty Acquisitions Llc

Purchase Details

Closed on
Aug 2, 1993
Sold by
Morrison John and Morrison Irene S
Bought by
Washington Malcolm H
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
Belfort Kristie $290,000 None Listed On Document
K & K Realty Acquisitions Llc $100,000 Prosperity Abstract
Washington Malcolm H $79,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belfort Kristie $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2022 08/09/22 Sold $290,000 +3.9% $217 / Sq Ft
08/01/2022 08/01/22 For Sale $279,000 -3.8% $209 / Sq Ft
07/16/2022 07/16/22 Pending -- -- --
07/15/2022 07/15/22 Off Market $290,000 -- --
06/27/2022 06/27/22 For Sale $279,000 -- $209 / 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 $4,664 $109,150 $45,650 $63,500
2023 $3,487 $109,150 $45,650 $63,500
2022 $4,207 $109,150 $45,650 $63,500
2021 $6,272 $109,150 $45,650 $63,500
2020 $4,301 $65,310 $19,740 $45,570
2019 $4,230 $65,310 $19,740 $45,570
2018 $4,174 $65,310 $0 $0
2017 $3,960 $65,310 $0 $0
2016 $358 $65,310 $0 $0
2015 $366 $65,310 $0 $0
2014 $366 $65,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2029052

Bright MLS

APN: 17-00-00523-00