NOT LISTED FOR SALE

16 Melrose Ave Lansdowne, PA 19050

Estimated Value: $232,000 - $259,347

-- Bed
2 Baths
1,798 Sq Ft
$136/Sq Ft Est. Value

Last Sold February 17, 2014

Last sale price $54,850 $31 Per Sq Ft

Est. 345% increase in value since last sale

Current estimated payment $1,812/month

83 Days on Market

Highlights

  • No HOA
  • Wood Siding
  • Heating System Uses Gas
  • En-Suite Primary Bedroom

About This Home

As of February 2014

Duplex with some upgrades. 1st floor includes hardwood floors, newer kitchen, newer windows, cedar ceilings, newer carpet, newer bath, upgraded electric service. 2nd floor is large and offers finished 3rd floor bedroom. Interested individuals should ascertain condition through qualified companies. The Bank has never visited the property and has no first hand knowledge of the property. Property is being sold "As Is, Where Is". Corporate Addendums apply and will be provided upon acceptance of offer. Buyer is responsible for all U&O Inspections. Commissions/Bonus'/Seller Concessions subject to change with final negotiated Sales Price. Offers should include a full A.O.S, proof of funds/pre-qual, and a copy of the EMD check

Last Agent to Sell the Property

Edward Levin

American Destiny Real Estate-Philadelphia License #RM423523 Listed on: 08/02/2013

Last Buyer's Agent

Arlene Viray Cui

Compass RE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 25x120

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,798 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $3,698

Listing and Financial Details

  • Tax Lot 015-000
  • Assessor Parcel Number 17-00-00563-00

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: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1798
  • Living Area Sq Ft: 1798
  • Price Per Sq Ft: 33.31
  • Above Grade Finished Sq Ft: 1798
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Wood Siding, Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

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: 0.07
  • Lot Dimensions: 25X120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3000.00
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 465402
  • Tax Annual Amount: 3698.00
  • Assessor Parcel Number: 17-00-00563-00
  • Tax Lot: 015-000
  • Tax Year: 2013
  • Close Date: 02/17/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2013
Closed on
Feb 12, 2014
Sold by
Lpp Mortgage Ltd
Bought by
16 Melrose Llc
Seller's Agent
Edward Levin
American Destiny Real Estate-Philadelphia
Buyer's Agent
Arlene Viray Cui
Compass RE
List Price
$69,900
Sold Price
$54,850
Premium/Discount to List
-$15,050
-21.53%
Total Days on Market
83
Current Estimated Value
$244,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,487
Avg. Annual Appreciation
14.13%

Purchase Details

Closed on
Jan 17, 2012
Sold by
Alvarez Delia
Bought by
Lpp Mortgage Ltd

Purchase Details

Closed on
Jun 10, 2009
Sold by
Alvarez Delia
Bought by
Mvp Investment Co Llc

Purchase Details

Closed on
Aug 18, 2005
Sold by
Nyack Avenue Partners Lp
Bought by
Alvarez Delia

Purchase Details

Closed on
Nov 15, 2004
Sold by
Leone Louis J and Leone Daniel V
Bought by
Nyack Avenue Partners Lp
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
16 Melrose Llc $54,850 None Available
Lpp Mortgage Ltd $1,386 None Available
Mvp Investment Co Llc $74,498 None Available
Alvarez Delia -- Commonwealth Land Title Insu
Nyack Avenue Partners Lp $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 16 Melrose Llc $122,500
Previous Owner Alvarez Delia $144,000
Previous Owner Nyack Avenue Partners Lp $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2014 02/17/14 Sold $54,850 -21.5% $31 / Sq Ft
10/24/2013 10/24/13 Pending -- -- --
08/02/2013 08/02/13 For Sale $69,900 -- $39 / 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 $5,277 $123,490 $45,120 $78,370
2023 $3,945 $123,490 $45,120 $78,370
2022 $4,759 $123,490 $45,120 $78,370
2021 $7,096 $123,490 $45,120 $78,370
2020 $4,212 $63,960 $19,510 $44,450
2019 $4,142 $63,960 $19,510 $44,450
2018 $4,088 $63,960 $0 $0
2017 $3,879 $63,960 $0 $0
2016 $358 $63,960 $0 $0
2015 $358 $63,960 $0 $0
2014 $358 $63,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Edward Levin

    Seller's Agent in 2014

    Edward Levin

    American Destiny Real Estate-Philadelphia

    (215) 431-5654

    134 Total Sales

    Edward Levin
    Section Image

  • A

    Buyer's Agent in 2014

    Arlene Viray Cui

    Compass RE

See All Agents

Map

Source: Bright MLS

MLS Number: 1003545526

Bright MLS

APN: 17-00-00563-00

Pennsylvania Delaware County Lansdowne 19050

16 Melrose Ave, Lansdowne, PA

This home is located at 16 Melrose Ave, Lansdowne, PA 19050 since 02 August 2013 and is currently estimated at $244,337, approximately $135 per square foot. This property was built in 1930. 16 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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