Seller's Agent in 2025
Christopher Lombardi
Glen Mary Real Estate LLC
(732) 630-3000
1 in this area
20 Total Sales
--
Bed
--
Bath
--
Sq Ft
2017
Built
Highlights
- Colonial Architecture
- 2 Car Attached Garage
- Parking Storage or Cabinetry
- Wayne Elementary School Rated A+
- More Than Two Accessible Exits
- Forced Air Heating and Cooling System
About This Home
As of March 2025Stunning multifamily trophy property, ideally located within walking distance to downtown Wayne, Pennsylvania. It’s consists of a total of 7 rental units which includes four single story apartments, one two story townhouse-style apartment, and two rented garages, offering a blend of modern amenities and classic elegance. This property underwent a full renovation in 2017 and was restored to modern living while keeping its historic charm intact.
Property Features:
- High cash flow property
- Four Spacious Flats: Each unit boasts two bedrooms and two bathrooms, providing ample living space and privacy for tenants.
- Townhouse apartment: Boasts two stories of luxury living with two bedrooms and 2 and a half bathrooms
- Garages and Parking: Two garages are rented separately, and each unit has dedicated on-site parking, adding value and convenience for tenants.
- High-End Finishes: All units feature beautiful hardwood floors, extensive wood trim work, and stainless steel appliances, creating a luxurious living environment.
- In-Unit Laundry: Enjoy the convenience of a washer and dryer in each unit.
- Maintenance-Free and Self-Sufficient: This property is low maintenance with tenants responsible for all utilities, ensuring a hassle-free investment.
Additional Highlights:
- Fantastic Location: Nestled in the heart of Wayne, this property is walking distance to downtown, offering easy access to shops, restaurants, and public transportation.
- Strong Rental Income: With its modern amenities and prime location, this property is a cash cow, providing a robust and consistent rental income stream.
- Appealing to Tenants: The combination of beautiful historic charm, extensive trim work, and high-end finishes make these units highly desirable, ensuring low vacancy rates.
Investment Opportunity:
This property represents an exceptional investment opportunity with its combination of location, luxury features, and strong rental income. Whether you're expanding your portfolio or seeking a solid income-producing property, this multi-unit building is a standout choice.
Schedule a private showing today
Don’t miss out on this incredible opportunity to own a premier investment property and cash cow in the heart of Wayne, PA.
Last Agent to Sell the Property
(732) 630-3000 chris@lombardiresidential.com Glen Mary Real Estate LLC Listed on: 08/02/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,884
Year Built
- Built in 2017
Lot Details
- Lot Dimensions are 130.00 x 157.00
- Property is in excellent condition
Parking
- 2 Car Attached Garage
- Basement Garage
- Parking Storage or Cabinetry
- Parking Lot
Home Design
- Colonial Architecture
- Dutch Architecture
- Slab Foundation
- Frame Construction
- HardiePlank Type
- Masonry
Accessible Home Design
- More Than Two Accessible Exits
Schools
- Radnor Elementary And Middle School
- Radnor High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- 4 Units
- 4-Story Building
Listing and Financial Details
- Tax Lot 463-000
- Assessor Parcel Number 36-06-03958-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 20, 2022
Sold by
Lombardi State Realty Llc
Bought by
Cohn Theodore and Soll Amy
Current Estimated Value
Purchase Details
Listed on
Mar 14, 2015
Closed on
Apr 23, 2015
Sold by
200 West Wayne Llc
Bought by
Lombardi State Realty Llc
Seller's Agent
lori paolino
BHHS Fox & Roach-Haverford
Buyer's Agent
lori paolino
BHHS Fox & Roach-Haverford
List Price
$519,000
Sold Price
$300,000
Premium/Discount to List
-$219,000
-42.2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.40%
Purchase Details
Listed on
Feb 15, 2011
Closed on
Jan 10, 2012
Sold by
Pitman Stephanie and Perrone Noreen
Bought by
200 West Wayne Llc
Seller's Agent
David Gratz
David M Gratz Realtor
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$339,000
Sold Price
$240,000
Premium/Discount to List
-$99,000
-29.2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%
Original Mortgage
$180,000
Interest Rate
3.98%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 1, 2010
Sold by
Dipasqua Nancy and Estate Of Joseph A Dipasqua
Bought by
Dipasqua Nancy
Purchase Details
Closed on
Apr 18, 1998
Sold by
Dipasqua Joseph A and Dipasqua Nancy
Bought by
Dipasqua Joseph A and Dipasqua Nancy
Purchase Details
Closed on
Nov 14, 1996
Sold by
Dipasqua Joseph A and Dipasqua Nancy
Bought by
Dipasqua Joseph A and Dipasqua Nancy
Purchase Details
Closed on
Sep 12, 1994
Sold by
Dipasqua Joseph A and Dipasqua Nancy
Bought by
Dipasqua Joseph A and Dipasqua Nancy
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $700,000 | -- | |
| Warranty Deed | $300,000 | None Available | |
| Deed | $240,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $180,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/11/2025 03/11/25 | Sold | $3,399,000 | 0.0% | -- | |
| 11/11/2024 11/11/24 | Pending | -- | -- | -- | |
| 11/06/2024 11/06/24 | Price Changed | $3,399,000 | -1.4% | -- | |
| 10/21/2024 10/21/24 | Price Changed | $3,449,000 | -1.4% | -- | |
| 08/19/2024 08/19/24 | Price Changed | $3,499,000 | -9.6% | -- | |
| 08/02/2024 08/02/24 | For Sale | $3,870,000 | 0.0% | -- | |
| 03/01/2018 03/01/18 | Rented | $3,700 | +4.2% | -- | |
| 03/01/2018 03/01/18 | Under Contract | -- | -- | -- | |
| 10/09/2017 10/09/17 | For Rent | $3,550 | 0.0% | -- | |
| 04/23/2015 04/23/15 | Sold | $300,000 | -42.2% | $119 / Sq Ft | View Prior Sale |
| 04/16/2015 04/16/15 | Pending | -- | -- | -- | |
| 03/14/2015 03/14/15 | For Sale | $519,000 | 0.0% | $206 / Sq Ft | |
| 09/01/2012 09/01/12 | Rented | $2,500 | 0.0% | -- | |
| 08/08/2012 08/08/12 | Under Contract | -- | -- | -- | |
| 07/26/2012 07/26/12 | For Rent | $2,500 | 0.0% | -- | |
| 01/10/2012 01/10/12 | Sold | $240,000 | -19.7% | $95 / Sq Ft | View Prior Sale |
| 12/06/2011 12/06/11 | Pending | -- | -- | -- | |
| 10/18/2011 10/18/11 | Price Changed | $299,000 | -6.3% | $119 / Sq Ft | |
| 10/03/2011 10/03/11 | Price Changed | $319,000 | -3.0% | $127 / Sq Ft | |
| 08/15/2011 08/15/11 | Price Changed | $329,000 | -2.9% | $131 / Sq Ft | |
| 05/26/2011 05/26/11 | Price Changed | $339,000 | 0.0% | $135 / Sq Ft | |
| 05/26/2011 05/26/11 | For Sale | $339,000 | -7.1% | $135 / Sq Ft | |
| 04/22/2011 04/22/11 | For Sale | $365,000 | 0.0% | $145 / Sq Ft | |
| 03/14/2011 03/14/11 | For Sale | $365,000 | 0.0% | $145 / Sq Ft | |
| 03/13/2011 03/13/11 | Pending | -- | -- | -- | |
| 02/15/2011 02/15/11 | For Sale | $365,000 | -- | $145 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $10,418 | $515,260 | $131,520 | $383,740 |
| 2024 | $10,418 | $515,260 | $131,520 | $383,740 |
| 2023 | $10,005 | $515,260 | $131,520 | $383,740 |
| 2022 | $9,896 | $515,260 | $131,520 | $383,740 |
| 2021 | $15,895 | $515,260 | $131,520 | $383,740 |
| 2020 | $6,194 | $178,050 | $70,950 | $107,100 |
| 2019 | $6,019 | $178,050 | $70,950 | $107,100 |
| 2018 | $5,901 | $178,050 | $0 | $0 |
| 2017 | $5,778 | $178,050 | $0 | $0 |
| 2016 | $997 | $178,050 | $0 | $0 |
| 2015 | $997 | $178,050 | $0 | $0 |
| 2014 | $997 | $178,050 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Lombardi
-
Anne Townes
Buyer's Agent in 2025
Anne Townes
Compass RE
(610) 587-7793
2 in this area
106 Total Sales
-
Meghan Lanier
M
Buyer Co-Listing Agent in 2025
Meghan Lanier
Compass RE
(484) 947-1426
1 in this area
53 Total Sales
-
lori paolino
l
Seller's Agent in 2015
lori paolino
BHHS Fox & Roach
(484) 614-3050
4 in this area
14 Total Sales
-
D
Seller's Agent in 2012
David Gratz
David M Gratz Realtor
-
A
Buyer's Agent in 2012
ARMANA S REHMAN
BHHS Fox & Roach
Map
Source: Bright MLS
MLS Number: PADE2072410
APN: 36-06-03958-01
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