NOT LISTED FOR SALE

138 Melrose Ave Lansdowne, PA 19050

Estimated Value: $234,000 - $276,596

-- Bed
2 Baths
1,512 Sq Ft
$166/Sq Ft Est. Value

Last Sold September 20, 2014

Last sale price $55,000 $36 Per Sq Ft

Est. 356% increase in value since last sale

Current estimated payment $1,809/month

29 Days on Market

Highlights

  • No HOA
  • Heating System Uses Gas
  • 5-minute walk to East Lansdowne Memorial Park
  • En-Suite Primary Bedroom

About This Home

As of September 2014

This is a Fannie Mae Property! Don't miss this great opportunity to own this 2 unit home in heart of Lansdowne PA! Each unit offers 2 bedrooms and 1 bath and lots of potential! Live in one and rent out the other one out! No disclosures available for home. Buyers to verify all measurements. Any certs, c/o's, and u&o's are a responsibility of the purchaser before closing

Last Agent to Sell the Property

Janet Flaherty

Keller Williams Realty - Cherry Hill License #0225252931 Listed on: 07/09/2014

Keller Williams Realty - Cherry Hill

Co-Listed By

Craig Berberich

Keller Williams Realty - Cherry Hill

Last Buyer's Agent

Christopher Rydbom

ARC Real Estate PA LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 50x120

Parking

  • 2 Open Parking Spaces

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,512 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 172-000
  • Assessor Parcel Number 17-00-00588-00

Community Details

Overview

  • No Home Owners Association
  • Aldan Subdivision

Building Details

  • Operating Expense $4,427

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1930
  • Remarks Public: This is a Fannie Mae Property! Don't miss this great opportunity to own this 2 unit home in heart of Lansdowne PA! Each unit offers 2 bedrooms and 1 bath and lots of potential! Live in one and rent out the other one out! No disclosures available for home. Buyers to verify all measurements. Any certs, c/o's, and u&o's are a responsibility of the purchaser before closing
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1512
  • Living Area Sq Ft: 1512
  • Price Per Sq Ft: 40.87
  • Above Grade Finished Sq Ft: 1512
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 138

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • 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: 2

Utilities

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

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 50X120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6000.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 465425
  • Tax Annual Amount: 4427.00
  • Assessor Parcel Number: 17-00-00588-00
  • Tax Lot: 172-000
  • Tax Year: 2014
  • Close Date: 09/20/2014

MLS Schools

  • School District Name: WILLIAM PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2014
Closed on
Sep 17, 2014
Sold by
Fannie Mae
Bought by
Josiah James
Seller's Agent
Janet Flaherty
Keller Williams Realty - Cherry Hill
Buyer's Agent
Christopher Rydbom
ARC Real Estate PA LLC
List Price
$61,800
Sold Price
$55,000
Premium/Discount to List
-$6,800
-11%
Current Estimated Value
$250,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,649
Avg. Annual Appreciation
15.37%

Purchase Details

Closed on
Jun 17, 2013
Sold by
Fischer David R and Bank Of America Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 7, 2007
Sold by
Osten Sacken Andrew Edward and Osten Sacken Sandra M
Bought by
Fischer David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,200
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
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
Josiah James $55,000 None Available
Federal National Mortgage Association -- None Available
Fischer David R $154,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Josiah James T $185,250
Previous Owner Fischer David R $123,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2014 09/20/14 Sold $55,000 -11.0% $36 / Sq Ft
08/07/2014 08/07/14 Pending -- -- --
07/09/2014 07/09/14 For Sale $61,800 -- $41 / 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 $5,749 $134,550 $49,530 $85,020
2023 $4,299 $134,550 $49,530 $85,020
2022 $5,185 $134,550 $49,530 $85,020
2021 $7,731 $134,550 $49,530 $85,020
2020 $4,925 $74,780 $21,420 $53,360
2019 $4,843 $74,780 $21,420 $53,360
2018 $4,779 $74,780 $0 $0
2017 $4,535 $74,780 $0 $0
2016 $419 $74,780 $0 $0
2015 $419 $74,780 $0 $0
2014 $419 $74,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003014020

Bright MLS

APN: 17-00-00588-00