NOT LISTED FOR SALE

153 Melrose Ave Lansdowne, PA 19050

Estimated Value: $201,000 - $222,000

-- Bed
3 Baths
1,443 Sq Ft
$148/Sq Ft Est. Value

Last Sold October 14, 2024

Last sale price $215,000 $149 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,529/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Ceiling Fan
  • 4-minute walk to East Lansdowne Memorial Park
  • More Than Two Accessible Exits
  • Hot Water Heating System

About This Home

As of October 2024

Welcome to 153 Melrose Ave - an excellent investment opportunity! This duplex is the perfect setup and is currently fully rented! Unit 1 (Main Floor) features a living room, eat-in kitchen, bedroom, full bath, spacious closet, and access to the basement for storage and laundry. Unit 2 is accessed by it's own door and occupies the 2nd and 3rd level of the property. This unit features a large eat-in kitchen, 2 bedrooms, full hall bath and an upstairs living/bonus area. The front and back yards are very well maintained and the property has off-street parking. There is close proximity to public transportation and local shopping. It is ready for the next investor or owner occupant!

Last Agent to Sell the Property

Terry Upshur

(215) 530-6929 tlupshur@gmail.com Compass RE License #0039041 Listed on: 09/09/2024

Compass RE

Last Buyer's Agent

Linda 'Z'

(610) 715-2525 lindaz13@comcast.net BHHS Fox & Roach-Haverford

BHHS Fox & Roach-Haverford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,912

Year Built

  • Built in 1926

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25.00 x 120.00
  • Property is in good condition

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Foundation
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,443 Sq Ft Home
  • Ceiling Fan

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

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

Listing and Financial Details

  • The owner pays for electricity, heat, water, trash collection
  • Tax Lot 230-000
  • Assessor Parcel Number 17-00-00533-00

Community Details

Overview

  • 2 Units
  • Lansdowne Subdivision

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,912

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Tenant's personal property
  • Inclusions: Refrigerator(s), Range(s), Ceiling Fans, Washer/Dryer
  • New Construction: No
  • Expected On Market: 2024-09-09
  • Year Built: 1926
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 1443
  • Living Area Sq Ft: 1443
  • Price Per Sq Ft: 149.00
  • Above Grade Finished Sq Ft: 1443
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • 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 Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Property Condition: Good
  • Zoning: RESID

Rental Info

  • Existing Lease Type: Yearly, Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 1
  • Owner Pays: Electricity, Heat, Water, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 24000.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 3532.00
  • Tax Annual Amount: 4912.00
  • Assessor Parcel Number: 17-00-00533-00
  • Tax Lot: 230-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

Multi Family

  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: WILLIAM PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Oct 7, 2024
Sold by
Meadows Alicia
Bought by
Piotti Daniel
Seller's Agent
Terry Upshur
Compass RE
Buyer's Agent
Linda 'Z'
BHHS Fox & Roach-Haverford
List Price
$215,000
Sold Price
$215,000
Views
56
Current Estimated Value
$213,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,434
Avg. Annual Appreciation
-0.58%

Purchase Details

Listed on
Aug 4, 2018
Closed on
Feb 20, 2019
Sold by
Vigna Nicholas
Bought by
Meadows Alicia
Seller's Agent
Wesley Gerstenkorn
Premier Property Sales & Rentals
Buyer's Agent
G Washington
KW Philly
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.85%

Purchase Details

Listed on
May 31, 2016
Closed on
May 10, 2017
Sold by
Quintiliani John and Koury Joseph
Bought by
Vigna Nicholas
Seller's Agent
Victoria Sheridan
Coldwell Banker Realty
Buyer's Agent
NICK VIGNA
Long & Foster-Folsom
List Price
$110,000
Sold Price
$90,000
Premium/Discount to List
-$20,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.16%
Original Mortgage
$67,500
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2006
Sold by
Mulholland Brian F
Bought by
Quintiliani John and Martini Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,600
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 1995
Sold by
Mulholland Bernard F
Bought by
Mulholland Bernard F and Mulholland Bernard F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Piotti Daniel $215,000 None Listed On Document
Meadows Alicia $85,000 Platinum Abstract Co Llc
Vigna Nicholas $90,000 None Available
Quintiliani John $122,000 None Available
Mulholland Bernard F -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vigna Nicholas $67,500
Previous Owner Quintiliani John $97,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2024 10/14/24 Sold $215,000 0.0% $149 / Sq Ft
09/14/2024 09/14/24 Pending -- -- --
09/09/2024 09/09/24 For Sale $215,000 +152.9% $149 / Sq Ft
02/21/2019 02/21/19 Sold $85,000 -5.5% $71 / Sq Ft View Prior Sale
12/06/2018 12/06/18 For Sale $89,900 0.0% $75 / Sq Ft
11/09/2018 11/09/18 Pending -- -- --
10/23/2018 10/23/18 Price Changed $89,900 -8.2% $75 / Sq Ft
08/04/2018 08/04/18 For Sale $97,900 +8.8% $82 / Sq Ft
05/11/2017 05/11/17 Sold $90,000 0.0% $62 / Sq Ft View Prior Sale
05/11/2017 05/11/17 Sold $90,000 -12.5% $62 / Sq Ft View Prior Sale
01/31/2017 01/31/17 Pending -- -- --
01/31/2017 01/31/17 Pending -- -- --
11/28/2016 11/28/16 Price Changed $102,900 -6.5% $71 / Sq Ft
05/31/2016 05/31/16 For Sale $110,000 -4.3% $76 / Sq Ft
04/27/2016 04/27/16 For Sale $115,000 -- $80 / 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 $4,913 $114,980 $44,320 $70,660
2024 $4,913 $114,980 $44,320 $70,660
2023 $3,674 $114,980 $44,320 $70,660
2022 $4,431 $114,980 $44,320 $70,660
2021 $6,607 $114,980 $44,320 $70,660
2020 $3,894 $59,120 $19,170 $39,950
2019 $3,829 $59,120 $19,170 $39,950
2018 $3,778 $59,120 $0 $0
2017 $3,585 $59,120 $0 $0
2016 $324 $59,120 $0 $0
2015 $331 $59,120 $0 $0
2014 $324 $59,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2075074

Bright MLS

APN: 17-00-00533-00