NOT LISTED FOR SALE

220 Owen Ave Lansdowne, PA 19050

Estimated Value: $382,000 - $613,000

-- Bed
3 Baths
4,075 Sq Ft
$120/Sq Ft Est. Value

Last Sold December 18, 2015

Last sale price $240,000 $59 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,523/month

497 Days on Market

Highlights

  • 0.24 Acre Lot
  • Heating System Uses Gas
  • 4-minute walk to Windemere Park
  • No HOA

About This Home

As of December 2015

Opportunity knocks! Updated triplex in a great neighborhood. Perfect for owner occupant or landlord. Three 2 bedroom one bath units with updated kitchens and baths and plenty of off street parking. Property also has a four separated bay detached garage with 2 bays currently rented for $400 a quarter each. Garage has the potential of adding an additional $2000 in income. Brand new furnace installed in 2010, newer windows, new flat roof on the house, new flat garage roof and a new third floor deck. Close to shopping and public transportation.

Last Agent to Sell the Property

Roger Lauer

(610) 731-3638 rogerremax@comcast.net RE/MAX Hometown Realtors Listed on: 06/26/2014

RE/MAX Hometown Realtors

Last Buyer's Agent

Clinton McCartney

(484) 468-1366 cmccartney@kwcommercial.com KW Commercial

KW Commercial

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 10,500 Sq Ft Lot
  • Lot Dimensions are 75x140

Home Design

  • Triplex
  • Stucco

Interior Spaces

  • 4,075 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Parking

  • 4 Parking Spaces
  • Driveway

Schools

  • Ardmore Avenue Elementary School
  • Penn Wood Middle School
  • Penn Wood High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 218-000
  • Assessor Parcel Number 23-00-02390-00

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $427
  • Insurance Expense $800
  • Operating Expense $13,844

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 4075
  • Living Area Sq Ft: 4075
  • Price Per Sq Ft: 62.32
  • Above Grade Finished Sq Ft: 4075
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Construction Completed: No
  • 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: 4
  • Type Of Parking: Driveway

Utilities

  • Annual Heating Expense: 3886.00
  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Expense: 427.00
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 800.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: ARDMORE AVENUE SCHOOL
  • High School: PENN WOOD
  • Middle Or Junior School: PENN WOOD

Lot Info

  • Lot Size Acres: 0.24
  • Lot Dimensions: 75X140
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10500.00
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 37980.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 493577
  • Tax Annual Amount: 8077.00
  • Assessor Parcel Number: 23-00-02390-00
  • Tax Lot: 218-000
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2014
Closed on
Dec 15, 2015
Sold by
Aleardi David D and Santilli John
Bought by
Moluwoi Kebbeh
Seller's Agent
Roger Lauer
RE/MAX Hometown Realtors
Buyer's Agent
Clinton McCartney
KW Commercial
List Price
$289,000
Sold Price
$240,000
Premium/Discount to List
-$49,000
-16.96%
Current Estimated Value
$490,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,633
Avg. Annual Appreciation
7.43%
Original Mortgage
$235,653
Outstanding Balance
$186,361
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$304,272

Purchase Details

Closed on
Jul 27, 1994
Sold by
Kelly Patrick Francis and Kelly Kathleen B
Bought by
Aleardi David D and Santilli John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Moluwoi Kebbeh $240,000 Attorney
Aleardi David D $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moluwoi Kebbeh $235,653
Previous Owner Aleardi David D $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2015 12/18/15 Sold $240,000 -17.0% $59 / Sq Ft
11/05/2015 11/05/15 Pending -- -- --
06/26/2014 06/26/14 For Sale $289,000 -- $71 / 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 $11,403 $276,950 $68,570 $208,380
2024 $11,403 $276,950 $68,570 $208,380
2023 $10,871 $276,950 $68,570 $208,380
2022 $10,658 $276,950 $68,570 $208,380
2021 $16,004 $276,950 $68,570 $208,380
2020 $8,697 $132,620 $34,940 $97,680
2019 $8,552 $132,620 $34,940 $97,680
2018 $8,405 $132,620 $0 $0
2017 $8,220 $132,620 $0 $0
2016 $728 $132,620 $0 $0
2015 $743 $132,620 $0 $0
2014 $728 $132,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Roger Lauer

    RE/MAX

    (610) 731-3638

    4 Total Sales

    Roger Lauer
    Section Image
  • Clinton McCartney

    Buyer's Agent in 2015

    Clinton McCartney

    KW Commercial

    (484) 468-1366

    15 Total Sales

    Clinton McCartney
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002988504

Bright MLS

APN: 23-00-02390-00

Pennsylvania Delaware County Lansdowne 19050

220 Owen Ave, Lansdowne, PA

Not Listed for Sale

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