NOT LISTED FOR SALE

139 W Lancaster Ave Downingtown, PA 19335

Estimated Value: $265,000 - $340,306

-- Bed
1 Bath
2,496 Sq Ft
$122/Sq Ft Est. Value

Last Sold August 28, 2014

Last sale price $275,000 $110 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,958/month

116 Days on Market

Highlights

  • 0.23 Acre Lot
  • 2-minute walk to Downingtown
  • 2 Car Detached Garage
  • Beaver Creek Elementary School Rated A-
  • No HOA
  • Mobility Improvements

About This Home

As of August 2014

Prime Income producing property in Downingtown! This is 2 separate twin homes each with 2-car detached garages out back and ALL rented out! Each twin on the main house is presently rented out for $1,200/month and each 2-car garage space brings in another $350/month! All tenants have been there for quite some time and on month to month leases. All utilities are paid by tenants except for water and sewer. This property does have commercial zoning with residential use and any new Buyer would be smart to invest here. Tenants can walk across the street to the train station and take it right into CC.

Last Agent to Sell the Property

Ryan Petrucci

(610) 640-9316 ryan@ryanpetrucci.com RE/MAX Main Line-Paoli License #RS274928 Listed on: 03/24/2014

RE/MAX Main Line-Paoli

Last Buyer's Agent

Susan Casinelli

(610) 291-9468 susanrltr1@gmail.com RE/MAX Professional Realty License #AB050743

RE/MAX Professional Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,449

Year Built

  • Built in 1920

Lot Details

  • 5,078 Sq Ft Lot
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • 4 Open Parking Spaces

Home Design

  • Duplex
  • Stone Siding
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 2,496 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Accessible Home Design

  • Mobility Improvements

Schools

  • Beaver Creek Elementary School
  • Downington Middle School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 0315
  • Assessor Parcel Number 11-07 -0315 & 11-07-0316

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $1,500
  • Operating Expense $9,780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,449

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Accessibility Features: Mobility Improvements
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2496
  • Living Area Sq Ft: 2496
  • Price Per Sq Ft: 111.78
  • Above Grade Finished Sq Ft: 2496
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Stucco, Stone
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 4
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Electric, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1300.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: BEAVER CREEK
  • Middle Or Junior School: DOWNINGTON

Lot Info

  • Improvement Assessed Value: 54740.00
  • Land Assessed Value: 33700.00
  • Lot Size Acres: 0.23
  • Lot Dimensions: 0 X 0
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5078.00
  • Property Condition: Good
  • Zoning: C1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 37200.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 233664
  • Tax Annual Amount: 3449.00
  • Assessor Parcel Number: 11-07 -0315 & 11-07-0316
  • Tax Lot: 0315
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2015
Sold by
Barbara Fullman
Bought by
My Livable Homes Llc
Current Estimated Value
$314,635

Purchase Details

Listed on
Mar 24, 2014
Closed on
Aug 28, 2014
Sold by
Marjam Properties Llc
Bought by
Fullman Barbara
Seller's Agent
Ryan Petrucci
RE/MAX Main Line-Paoli
Buyer's Agent
Susan Casinelli
RE/MAX Professional Realty
List Price
$320,000
Sold Price
$275,000
Premium/Discount to List
-$45,000
-14.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.92%

Purchase Details

Closed on
Nov 26, 2008
Sold by
Carroll Joseph and Carroll Barbara
Bought by
Marjam Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,400
Interest Rate
6.49%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 14, 1997
Sold by
Cozzone Filomena and Bongiorno Filomena C
Bought by
Demucci Louise B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
My Livable Homes Llc $511,325 None Available
Fullman Barbara $137,500 None Available
Marjam Properties Llc $150,000 None Available
Demucci Louise B $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marjam Properties Llc $250,400
Previous Owner Demucci Louise B $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2014 08/28/14 Sold $275,000 -14.1% $110 / Sq Ft
07/18/2014 07/18/14 Pending -- -- --
03/24/2014 03/24/14 For Sale $320,000 -- $128 / 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 $3,693 $88,440 $33,700 $54,740
2024 $3,693 $88,440 $33,700 $54,740
2023 $3,605 $88,440 $33,700 $54,740
2022 $3,531 $88,440 $33,700 $54,740
2021 $3,483 $88,440 $33,700 $54,740
2020 $3,467 $88,440 $33,700 $54,740
2019 $3,467 $88,440 $33,700 $54,740
2018 $3,467 $88,440 $33,700 $54,740
2017 $3,467 $88,440 $33,700 $54,740
2016 $3,307 $88,440 $33,700 $54,740
2015 $3,307 $88,440 $33,700 $54,740
2014 $3,307 $88,440 $33,700 $54,740
Source: Public Records

Agents Affiliated with this Home

  • Ryan Petrucci

    Seller's Agent in 2014

    Ryan Petrucci

    RE/MAX

    (610) 640-9316

    1 in this area

    266 Total Sales

    Ryan Petrucci
    Section Image
  • Susan Casinelli

    Buyer's Agent in 2014

    Susan Casinelli

    RE/MAX

    (610) 291-9468

    28 Total Sales

    Susan Casinelli
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002850242

Bright MLS

APN: 11-007-0315.0000

Pennsylvania Chester County Downingtown 19335

139 W Lancaster Ave, Downingtown, PA

Not Listed for Sale

MultiFamily

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