NOT LISTED FOR SALE

147 Drexel Ave Lansdowne, PA 19050

Estimated Value: $374,000 - $514,163

-- Bed
4 Baths
3,136 Sq Ft
$140/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $400,000 $128 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,196/month

1 Day on Market

Highlights

  • Traditional Architecture
  • 4 Car Detached Garage
  • Parking Storage or Cabinetry
  • No HOA
  • Back, Front, and Side Yard
  • 4-minute walk to Reservoir park

About This Home

As of August 2021

GREAT INVESTMENT OPPORTUNITY awaits you in this 4-unit property. The grounds of the property are beautifully maintained with large front and rear yards. Long term tenants on mo-mo leases. Each unit offers a Bedroom, full Bathroom, Kitchen with separate Dining area and Living Room. Apt A and B have dishwashers. There have been updates to each unit over the last several years ie: stoves, refrigerators, window a/c units including Apt B Bathroom update in 2020. Entrance to the basement is from the Rear of the building where there are 4-separate storage cubicles for each tenant, additional space for oversized items as well. Laundry hookups with utility sink is available. Separate Mechanical Room has hot water heaters and boilers each designated per unit. Within last 10 years all have been replaced. Detached 4-Bay Garage with 4-new overhead doors June, 2021 offers additional income for new owner. 2009 Owners replaced all Windows and front Door. Tenant pays for Heat, Electric, Hot Water. Landlord pays for water approx. $110-$150/mo and has designated meter for house electric approx. $30/mo. Sewer and trash included in taxes. Well maintained property awaits new owners. Make this investment yours today!

Last Agent to Sell the Property

Jocelyn Roncase

Long & Foster Real Estate, Inc. License #RS229295 Listed on: 07/02/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Brian Stetler

BHHS Fox & Roach-Center City Walnut License #RS301905

BHHS Fox & Roach-Center City Walnut

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,427

Year Built

  • Built in 1930 | Remodeled in 2009

Lot Details

  • 8,407 Sq Ft Lot
  • Lot Dimensions are 60.00 x 137.00
  • Back, Front, and Side Yard
  • Property is in very good condition

Parking

  • 4 Car Detached Garage
  • 4 Driveway Spaces
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Shared Driveway
  • On-Street Parking

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,136 Sq Ft Home
  • Ceiling Fan
  • Fire Escape

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Rear Basement Entry

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for sewer, snow removal, real estate taxes, trash collection
  • Tax Lot 207-000
  • Assessor Parcel Number 23-00-00802-00

Community Details

Overview

  • No Home Owners Association
  • 2-Story Building

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,427

Year Built

Built in 1930 | Remodeled in 2009

Lot Details

0

Parking

4

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: tenant personal property including washer & dryer, Apt C window A/C units
  • Inclusions: 4 refrigerators, 4 window A/C units
  • New Construction: No
  • Year Built: 1930
  • Year Renovated: 2009
  • Automatically Close On Close Date: No
  • Remarks Public: GREAT INVESTMENT OPPORTUNITY awaits you in this 4-unit property. The grounds of the property are beautifully maintained with large front and rear yards. Long term tenants on mo-mo leases. Each unit offers a Bedroom, full Bathroom, Kitchen with separate Dining area and Living Room. Apt A and B have dishwashers. There have been updates to each unit over the last several years ie: stoves, refrigerators, window a/c units including Apt B Bathroom update in 2020. Entrance to the basement is from the Rear of the building where there are 4-separate storage cubicles for each tenant, additional space for oversized items as well. Laundry hookups with utility sink is available. Separate Mechanical Room has hot water heaters and boilers each designated per unit. Within last 10 years all have been replaced. Detached 4-Bay Garage with 4-new overhead doors June, 2021 offers additional income for new owner. 2009 Owners replaced all Windows and front Door. Tenant pays for Heat, Electric, Hot Water. Landlord pays for water approx. $110-$150/mo and has designated meter for house electric approx. $30/mo. Sewer and trash included in taxes. Well maintained property awaits new owners. Make this investment yours today!
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Refrigerator, Range Hood
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Carpet, Ceiling Fan(s)
  • Fireplace: No
  • Room Count: 5
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Rear Entrance
  • Total Sq Ft: 3136
  • Living Area Sq Ft: 3136
  • Price Per Sq Ft: 120.85
  • Above Grade Finished Sq Ft: 3136
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 147

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Brick
  • Exterior Features: Fire Escape, Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Shared Driveway, Paved Driveway
  • Garage Features: Additional Storage Area, Garage - Front Entry
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Driveway, Detached Garage, On Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Monthly Average Electric: 30
  • Previous Twelve Months Electric Expense: 360.00
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 120
  • Water Previous Twelve Months: 1440.00
  • Water Source: Public
  • Municipal Trash: Yes

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: 182450.00
  • Land Assessed Value: 49680.00
  • Land Use Code: R-40
  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.19
  • Lot Dimensions: 60.00 x 137.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8407.00
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: APT

Rental Info

  • Existing Lease Type: Month To Month
  • Owner Pays: Sewer, Snow Removal, Taxes - Real Estate, Trash Collection
  • Total Actual Rent: 35880.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 492011
  • School Tax: 4946.00
  • Tax Annual Amount: 7427.00
  • Assessor Parcel Number: 23-00-00802-00
  • Tax Lot: 207-000
  • Tax Total Finished Sq Ft: 3136
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/20/2021

Multi Family

  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: WILLIAM PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Aug 13, 2021
Sold by
Vilardi Antonino and Vilardi Maria
Bought by
Mainline Investments Ii Llc
Seller's Agent
Jocelyn Roncase
Long & Foster Real Estate, Inc.
Buyer's Agent
Brian Stetler
BHHS Fox & Roach-Center City Walnut
List Price
$379,000
Sold Price
$400,000
Premium/Discount to List
$21,000
5.54%
Current Estimated Value
$440,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,541
Avg. Annual Appreciation
2.43%
Original Mortgage
$300,000
Outstanding Balance
$272,978
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$167,563

Purchase Details

Closed on
Jun 28, 2004
Sold by
Liccio James and Liccio Eleanor
Bought by
Vilardi Antonino and Vilardi Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Mainline Investments Ii Llc $400,000 Land Services Usa Inc
Vilardi Antonino $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mainline Investments Ii Llc $300,000
Previous Owner Vilardi Antonino $132,225
Previous Owner Vilardi Antonino $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $400,000 +5.5% $128 / Sq Ft
07/03/2021 07/03/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $379,000 -- $121 / 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 $9,557 $232,130 $49,680 $182,450
2024 $9,557 $232,130 $49,680 $182,450
2023 $9,112 $232,130 $49,680 $182,450
2022 $8,933 $232,130 $49,680 $182,450
2021 $13,414 $232,130 $49,680 $182,450
2020 $6,886 $105,000 $105,000 $0
2019 $6,771 $105,000 $105,000 $0
2018 $6,654 $105,000 $0 $0
2017 $6,508 $105,000 $0 $0
2016 $576 $105,000 $0 $0
2015 $588 $105,000 $0 $0
2014 $576 $105,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jocelyn Roncase

    Seller's Agent in 2021

    Jocelyn Roncase

    Long & Foster

    (610) 280-2520

    1 in this area

    37 Total Sales

    Jocelyn Roncase
    Section Image
  • Brian Stetler

    Buyer's Agent in 2021

    Brian Stetler

    BHHS Fox & Roach

    (610) 996-1907

    5 in this area

    400 Total Sales

    Brian Stetler
    Section Image
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Map

Source: Bright MLS

MLS Number: PADE2001598

Bright MLS

APN: 23-00-00802-00

Pennsylvania Delaware County Lansdowne 19050

147 Drexel Ave, Lansdowne, PA

This home is located at 147 Drexel Ave, Lansdowne, PA 19050 since 02 July 2021 and is currently estimated at $440,541, approximately $140 per square foot. This property was built in 1930. 147 Drexel Ave is a home located in Delaware County with nearby schools including Ardmore Avenue School, Penn Wood Middle School, and Penn Wood High School - Cypress Street Campus.

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