NOT LISTED FOR SALE

14 Melrose Ave Lansdowne, PA 19050

Estimated Value: $215,000 - $240,913

-- Bed
2 Baths
1,332 Sq Ft
$170/Sq Ft Est. Value

Last Sold August 31, 2013

Last sale price $92,000 $69 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $1,684/month

144 Days on Market

Highlights

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

About This Home

As of August 2013

Come take a look at this great investment property with long term tenants. This property gross yearly income is 16,200 will create positive cash flow to the new owner. No repairs need at this time. This property gets an inspection every year from the Borough and everything is up to date. This property is being sold as-is and seller will not do repairs. Inspections will be for informational purposes only. Great investment, priced to sell. Seller has 2 other investment properties for sale. MLS #s 61818969 and 6181866 all sold as-is w/the right to inspect.

Last Agent to Sell the Property

David Coffey

Real of Pennsylvania License #RS226836L Listed on: 03/08/2013

Real of Pennsylvania

Last Buyer's Agent

Anthony Lee

Realty ONE Group Focus License #RS322285

Realty ONE Group Focus

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 25x120
  • Property is in good condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stone Foundation
  • Pitched Roof

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,332 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway

Utilities

  • Heating System Uses Gas
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $6,049

Listing and Financial Details

  • Tax Lot 016-000
  • Assessor Parcel Number 17-00-00562-00

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: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace: No
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Washer In Unit
  • Total Sq Ft: 1332
  • Living Area Sq Ft: 1332
  • Price Per Sq Ft: 69.07
  • Above Grade Finished Sq Ft: 1332
  • Above Grade Finished Area Units: Square Feet

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: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway

Utilities

  • Annual Heating Expense: 1406.00
  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1245.00
  • 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: 0.07
  • Lot Dimensions: 25X120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3000.00
  • Property Condition: Good
  • Zoning: RESI

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 16200.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 465401
  • Tax Annual Amount: 3398.00
  • Assessor Parcel Number: 17-00-00562-00
  • Tax Lot: 016-000
  • Tax Year: 2013
  • Close Date: 08/31/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2021
Sold by
Hawes Daniel
Bought by
Hawes Enterprise Llc
Current Estimated Value
$226,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,400
Outstanding Balance
$198,544
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$31,648

Purchase Details

Listed on
Mar 8, 2013
Closed on
Aug 27, 2013
Sold by
Stearns Russell and Stearns Barbara
Bought by
Hawes Daniel
Seller's Agent
David Coffey
Real of Pennsylvania
Buyer's Agent
Anthony Lee
Realty ONE Group Focus
List Price
$97,000
Sold Price
$92,000
Premium/Discount to List
-$5,000
-5.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Original Mortgage
$88,369
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 2003
Sold by
Spellacy William W and Spellacy Maureen Patricia
Bought by
Stearns Russell and Stearns Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.95%
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
Hawes Enterprise Llc -- Choice One Abstract Inc
Hawes Daniel $90,000 None Available
Stearns Russell $67,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hawes Enterprise Llc $215,400
Previous Owner Hawes Daniel $88,369
Previous Owner Stearns Russell $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2013 08/31/13 Sold $92,000 -5.2% $69 / Sq Ft
07/30/2013 07/30/13 Pending -- -- --
03/08/2013 03/08/13 For Sale $97,000 -- $73 / 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 $5,401 $126,390 $45,110 $81,280
2024 $5,401 $126,390 $45,110 $81,280
2023 $4,038 $126,390 $45,110 $81,280
2022 $4,871 $126,390 $45,110 $81,280
2021 $7,262 $126,390 $45,110 $81,280
2020 $3,940 $59,820 $19,510 $40,310
2019 $3,874 $59,820 $19,510 $40,310
2018 $3,823 $59,820 $0 $0
2017 $3,627 $59,820 $0 $0
2016 $328 $59,820 $0 $0
2015 $335 $59,820 $0 $0
2014 $328 $59,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Coffey

    Seller's Agent in 2013

    David Coffey

    Real of Pennsylvania

    (610) 202-2533

    37 Total Sales

    David Coffey
    Section Image
  • Anthony Lee

    Buyer's Agent in 2013

    Anthony Lee

    Realty ONE Group Focus

    (610) 304-4839

    134 Total Sales

    Anthony Lee
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003360160

Bright MLS

APN: 17-00-00562-00

Pennsylvania Delaware County Lansdowne 19050

14 Melrose Ave, Lansdowne, PA

This home is located at 14 Melrose Ave, Lansdowne, PA 19050 since 08 March 2013 and is currently estimated at $226,978, approximately $170 per square foot. This property was built in 1930. 14 Melrose Ave is a home located in Delaware County with nearby schools including East Lansdowne Elementary School, Penn Wood Middle School, and Penn Wood High School - Cypress Street Campus.

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