NOT LISTED FOR SALE

22 E Albemarle Ave Lansdowne, PA 19050

Estimated Value: $372,455 - $414,000

-- Bed
3 Baths
3,031 Sq Ft
$128/Sq Ft Est. Value

Last Sold October 16, 2019

Last sale price $300,000 $99 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,971/month

8 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Oversized Parking
  • 2 Fireplaces
  • 2 Car Detached Garage
  • 5-minute walk to Beverly Hills Recreation Area

About This Home

As of October 2019

The best duplex rental investment (or owner occupied) opportunity has finally arrived. Enjoy this unique property from the moment it comes into view. The home is situated on a quiet one-block street. A Classic Center Hall French Colonial Style home beautifully designed and originally constructed as a two-unit home that accommodates two spacious, well-appointed apartments. Upon entering the gracious First Floor Apartment from the large, open front porch you will enjoy the Living Room with high ceilings, exceptional wood work, built in shelving and fireplace, a Formal Dining Room with built-in Corner Cupboard, Super Upgraded Brand New Kitchen with all Stainless Steel Appliances, Custom Cabinetry and Granite Counter Tops! Adjacent to the kitchen is a bonus HallPantry for additional kitchen storage and the entrance to a full, unfinished basement with Washer and Dryer hook-ups for a second washer/dryer, plenty of shelving and unlimited storage. Very nicely appointed Brand New Ceramic Tile Hall Bath with pedestal sink and storage closet. There are TwoSpacious Bedrooms, one with a special Bonus Room with three walls of windows potential for an office, art studio, home gym, nursery? There is also a walk-in closet with a window off the master bedroom so large it was once used as a nursery. There is one private back entrance into the dining room, a shared front entrance from the large front porch, and a shared winding back stairway with storage nook exiting to the back yard and parking area. The 2nd Floor Apartment has two separate entrances. The front entrance opens into the main hallway and the rear entrance opens into the kitchen. Large Living Room with exceptional woodwork, Fireplace and an exit to a generous 10 x 16 Deck overlooking the front yard, Formal Dining Room with built-in Corner Cupboard. Beautiful Brand New Gourmet Kitchen with Stainless Appliances. Adjacent to the kitchen is a bonus Hall Pantry for additional kitchen storage. Off the main hallway there are 2 spacious Bedrooms, a new Ceramic Tile Hall Bath with pedestal sink and storage closet, and the entrance to the third floor. The large Finished Third Floor room (42 x 14 ) is brightly lit with three Skylights with remote control, a large closet, four storage areas in the eaves and attractive shelving surrounding the winding stairway -potential for a Master Bedroom, office, art studio, home gym, den? This special home has been an owner occupied duplex since it was built, from the original Lansdowne farmer who built the home for himself and his son to the young professional or newlywed couple looking for some added income. This newly renovated house has many upgrades including New Kitchens and Bathrooms, Replacement Windows throughout, Refinished Hardwood Floors, Ceiling Fans and new electrical service. Rooms are large and bright with many windows, tasteful carpentry, beautiful period lighting and plenty of storage. Large rear Yard with Two-Car Detached Garage (with plenty of additional off-street parking) and concrete Patio. Located just 15 minutes from Center City, the Airport and the Blue Route, Lansdowne, is a charm filled Historic Village with Two Commuter Rail Stations and it is home to a Fabulous Symphony Orchestra and Folk Club, an Open Air Farmer's Market and many Outstanding Art and Music Events! Move right in and enjoy your sensational new home! (Watch out! The Historic Lansdowne Theater is in the process of being beautifully restored!)

Last Agent to Sell the Property

Michael Carpenter

Keller Williams Main Line Listed on: 08/17/2019

Keller Williams Main Line

Co-Listed By

John Carpenter

Keller Williams Main Line

Last Buyer's Agent

Thomas Martin

First Heritage Realty Alliance, LLC License #RS334438

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 8,320 Sq Ft Lot
  • Lot Dimensions are 68.00 x 120.00

Parking

  • 2 Car Detached Garage
  • 2 Open Parking Spaces
  • Oversized Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Stucco

Interior Spaces

  • 3,031 Sq Ft Home
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Vacant Units

Listing and Financial Details

  • Tax Lot 188-004
  • Assessor Parcel Number 23-00-00076-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2019-08-17
  • Year Built: 1928
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplaces Count: 2
  • Fireplace: Yes
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3031
  • Living Area Sq Ft: 3031
  • Price Per Sq Ft: 107.23
  • Above Grade Finished Sq Ft: 3031
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 22

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 Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Garage Features: Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • 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

  • HOA: No

Schools

  • School District: WILLIAM PENN
  • School District Key: 300200397351
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R-20
  • Lot Size Acres: 0.19
  • Lot Dimensions: 68.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8320.00
  • Year Assessed: 2019
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 5392.00
  • Tax Annual Amount: 7559.00
  • Assessor Parcel Number: 23-00-00076-00
  • Tax Lot: 188-004
  • Tax Total Finished Sq Ft: 3031
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 10/16/2019

Multi Family

  • Number Of Units Vacant: 2

MLS Schools

  • School District Name: WILLIAM PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2019
Closed on
Oct 16, 2019
Sold by
Lorenzo Pamela J and Traumann Thomas F
Bought by
Davis Kanika
Seller's Agent
Michael Carpenter
Keller Williams Main Line
Buyer's Agent
Thomas Martin
First Heritage Realty Alliance, LLC
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Total Days on Market
8
Current Estimated Value
$387,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,614
Avg. Annual Appreciation
4.45%
Original Mortgage
$294,566
Outstanding Balance
$263,062
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$120,362

Purchase Details

Closed on
Jul 2, 2012
Sold by
Lorenzo Pamela J
Bought by
Lorenzo Pamela and Trauman Thomas F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 1994
Sold by
Blanski Richard M and Blanski Shiov Jen
Bought by
Lorenzo Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,685
Interest Rate
7.23%
Mortgage Type
FHA
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
Davis Kanika $300,000 Members Settlement Sln Llc
Lorenzo Pamela -- Boston National Title
Lorenzo Pamela J $155,000 Stewart Title Guaranty Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Kanika $294,566
Previous Owner Lorenzo Pamela $140,000
Previous Owner Lorenzo Pamela J $143,685
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2019 10/16/19 Sold $300,000 -7.7% $99 / Sq Ft
08/26/2019 08/26/19 Pending -- -- --
08/17/2019 08/17/19 For Sale $325,000 -- $107 / 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 $9,543 $231,770 $67,190 $164,580
2023 $9,098 $231,770 $67,190 $164,580
2022 $8,919 $231,770 $67,190 $164,580
2021 $13,393 $231,770 $67,190 $164,580
2020 $7,687 $117,220 $34,240 $82,980
2019 $7,559 $117,220 $34,240 $82,980
2018 $7,429 $117,220 $0 $0
2017 $7,265 $117,220 $0 $0
2016 $643 $117,220 $0 $0
2015 $643 $117,220 $0 $0
2014 $643 $117,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE498184

Bright MLS

APN: 23-00-00076-00