NOT LISTED FOR SALE

206 W Wayne Ave Wayne, PA 19087

Wayne Area

Estimated Value: $498,000 - $925,000

4 Beds
2 Baths
2,048 Sq Ft
$335/Sq Ft Est. Value

Sale Details

Date Sold: May 14, 2024

Last sale price $519,000 $253 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,470 / mo

173 Days on Market

Highlights

  • Straight Thru Architecture
  • No HOA
  • Hot Water Heating System
  • Wayne Elementary School Rated A+
  • Window Unit Cooling System

About This Home

As of May 2024

Extremely low down-payment available for an owner occupant. Don't miss out on this rare opportunity to own a multi-unit property in a premier Main Line location. Perfect for an owner occupant with rental income significantly contributing to the mortgage payment. FHA 203k mortgage eligible which allows financing for purchase and updating in the mortgage amount with a 3.5% down-payment. FNMA also has a 5% down program for an owner occupant. The owner is willing to contribute to Buyer's closing costs.

This 2 unit property is located just a few blocks from restaurants, stores and the train station.r. Each building features two (2) spacious 2 bedroom units with each having a full size living room and dining room, a kitchen, a bath, 2 large bedrooms, and a convenient back stairway leading to the basement and rear yard. The enclosed porch can be a bonus room or home office. This building was designed and built as a duplex, and is not a conversion.

Rents are below market and can be increased. Leases are month to month. Great opportunity for an owner occupant or long term investor.

Available for purchase are 2 buildings, and the purchase can be for 2 or 4 units. Owner will sell buildings separately.

There are no interior pictures because the furnishings etc. belong to the tenants and such cannot be posted on-line.

Last Agent to Sell the Property

Steven Mashura

(610) 692-2228 brescc@yahoo.com RE/MAX Main Line-West Chester Listed on: 10/14/2023

RE/MAX Main Line-West Chester

Last Buyer's Agent

Michael Brooks

(215) 627-3500 vicki@kwempower.com KW Empower License #RA0030964

KW Empower

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,670

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 22.00 x 157.00

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Straight Thru Architecture
  • Traditional Architecture
  • Stone Foundation
  • Stucco

Interior Spaces

  • 2,048 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

Schools

  • Wayne Elementary School
  • Radnor Middle School
  • Radnor High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 468-000
  • Assessor Parcel Number 36-06-03961-00

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,670

Year Built

Built in 1920

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Straight Thru, Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Stone
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2048
  • Living Area Sq Ft: 2048
  • Price Per Sq Ft: 268.55
  • Above Grade Finished Sq Ft: 2048
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: 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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: WAYNE
  • High School: RADNOR
  • Middle Or Junior School: RADNOR

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 22.00 x 157.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 5560.00
  • Tax Annual Amount: 7670.00
  • Assessor Parcel Number: 36-06-03961-00
  • Tax Lot: 468-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: RADNOR TOWNSHIP

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2023
Closed on
May 14, 2024
Sold by
Bought by
Seller's Agent
Steven Mashura
RE/MAX Main Line-West Chester
Buyer's Agent
Michael Brooks
KW Empower
List Price
$550,000
Sold Price
$519,000
Premium/Discount to List
-$31,000
-5.64%
Views
69
Current Estimated Value
$685,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,090
Avg. Annual Appreciation
13.45%
Original Mortgage
$493,050
Interest Rate
0.0682%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
0.0451%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 1999
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$519,000 None Listed On Document
$280,000 None Available
$164,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $33,000
Open $493,050
Previous Owner $35,000
Previous Owner $219,000
Previous Owner $224,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2024 05/14/24 Sold $519,000 0.0% $253 / Sq Ft
05/14/2024 05/14/24 Sold $519,000 -5.6% $253 / Sq Ft View Prior Sale
04/04/2024 04/04/24 Pending -- -- --
04/04/2024 04/04/24 Pending -- -- --
10/14/2023 10/14/23 For Sale $550,000 0.0% $269 / Sq Ft
07/19/2023 07/19/23 For Sale $550,000 -- $269 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,849 $399,400 $125,530 $273,870
2025 $8,075 $399,400 $125,530 $273,870
2024 $8,075 $399,400 $125,530 $273,870
2023 $7,755 $399,400 $125,530 $273,870
2022 $7,671 $399,400 $125,530 $273,870
2021 $12,321 $399,400 $125,530 $273,870
2020 $4,886 $140,460 $61,650 $78,810
2019 $4,748 $140,460 $61,650 $78,810
2018 $4,655 $140,460 $0 $0
2017 $4,558 $140,460 $0 $0
2016 $787 $140,460 $0 $0
2015 $787 $140,460 $0 $0
2014 $787 $140,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2055736

Bright MLS

APN: 36-06-03961-00

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