NOT LISTED FOR SALE

228 Melrose Ave Lansdowne, PA 19050

Estimated Value: $127,000 - $277,000

4 Beds
2 Baths
1,722 Sq Ft
$128/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $80,000 $46 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $1,697/month

11 Days on Market

Highlights

  • Colonial Architecture
  • Hot Water Heating System
  • 4-minute walk to East Lansdowne Memorial Park
  • No HOA

About This Home

As of February 2021

Fire damage in dining room and smoke damage throughout 4-5 BR Single , 2 full baths on large 50 x 120 lot. Please respect the property and the contents inside while viewing! Use caution while viewing and only view during the day and still bring flashlight. Only agent and buyer at showings, absolutely no children on the property. Cash Only-no mortgage or loan contingency. As-Is Condition Sale, Buyer responsible to pay for and to obtain conditional U&O for settlement. Smaller properties that needed to be gutted sold at this price, and on the other end - large rehabbed houses in this area have been sold close to $300,000! Certified 10% deposit check must accompany offer and proof of funds, all of which must be in listing office by 6pm Sunday 1/24.

Last Agent to Sell the Property

Tammy Feby

Premier Property Sales & Rentals License #RS0022171 Listed on: 12/23/2020

Last Buyer's Agent

kathie ramer

BHHS Fox & Roach Malvern-Paoli License #AB050088L

BHHS Fox & Roach Malvern-Paoli

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 5,881 Sq Ft Lot
  • Lot Dimensions are 50.00 x 120.00
  • Property is in below average condition

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Fixer Upper
  • Stucco

Interior Spaces

  • 1,722 Sq Ft Home
  • Property has 3 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 157-000
  • Assessor Parcel Number 17-00-00604-00

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional, Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: whatever the owner cant remove off the property by settlement day, buyer agrees to accept
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Remarks Public: Fire damage in dining room and smoke damage throughout 4-5 BR Single , 2 full baths on large 50 x 120 lot. Please respect the property and the contents inside while viewing! Use caution while viewing and only view during the day and still bring flashlight. Only agent and buyer at showings, absolutely no children on the property. Cash Only-no mortgage or loan contingency. As-Is Condition Sale, Buyer responsible to pay for and to obtain conditional U&O for settlement. Smaller properties that needed to be gutted sold at this price, and on the other end - large rehabbed houses in this area have been sold close to $300,000! Certified 10% deposit check must accompany offer and proof of funds, all of which must be in listing office by 6pm Sunday 1/24.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1722
  • Living Area Sq Ft: 1722
  • Price Per Sq Ft: 46.46
  • Above Grade Finished Sq Ft: 1722
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 228

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2

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: Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas, Oil
  • 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

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 47560.00
  • Land Assessed Value: 20890.00
  • Land Use Code: R-10
  • Lot Size Acres: 0.14
  • Lot Dimensions: 50.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5881.00
  • Property Condition: Below Average, Major Rehab Needed
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 465440
  • School Tax: 3224.00
  • Tax Annual Amount: 4508.00
  • Assessor Parcel Number: 17-00-00604-00
  • Tax Lot: 157-000
  • Tax Total Finished Sq Ft: 1722
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 02/05/2021

MLS Schools

  • School District Name: WILLIAM PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2020
Closed on
Feb 5, 2021
Sold by
Gilkeson Kristen M H
Bought by
Bermejo Edwin F and Aucaquizhpi Erika A
Seller's Agent
Tammy Feby
Premier Property Sales & Rentals
Buyer's Agent
kathie ramer
BHHS Fox & Roach Malvern-Paoli
List Price
$89,900
Sold Price
$80,000
Premium/Discount to List
-$9,900
-11.01%
Current Estimated Value
$226,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,826
Avg. Annual Appreciation
26.74%

Purchase Details

Listed on
Nov 20, 2012
Closed on
Dec 19, 2013
Sold by
Zernhelt Frank D and Scheidt Jennifer L
Bought by
Gilkeson Kristen M H
Seller's Agent
Tammy Feby
Premier Property Sales & Rentals
Buyer's Agent
Tammy Feby
Premier Property Sales & Rentals
List Price
$115,000
Sold Price
$50,000
Premium/Discount to List
-$65,000
-56.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.82%

Purchase Details

Closed on
May 27, 2004
Sold by
Zernhelt Frank D
Bought by
Zernhelt Frank D and Scheidt Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 20, 2002
Sold by
Marshall David J
Bought by
Zernhelt Frank D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,920
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 1994
Sold by
Marshall David J and Marshall Edgar R
Bought by
Marshall David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,050
Interest Rate
7.7%
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
Bermejo Edwin F $80,000 Ts Executive Abstract Llc
Gilkeson Kristen M H $50,000 None Available
Zernhelt Frank D $114,900 Fidelity National Title Ins
Marshall David J -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crozer Hills Homeownership Llc $1,200,000
Previous Owner Zernhelt Frank D $126,000
Previous Owner Zernhelt Frank D $91,920
Previous Owner Marshall David J $76,050
Closed Zernhelt Frank D $22,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2021 02/05/21 Sold $80,000 0.0% $46 / Sq Ft
01/17/2021 01/17/21 Off Market $80,000 -- --
01/16/2021 01/16/21 For Sale $89,900 0.0% $52 / Sq Ft
01/03/2021 01/03/21 Pending -- -- --
12/23/2020 12/23/20 For Sale $89,900 +79.8% $52 / Sq Ft
12/26/2013 12/26/13 Sold $50,000 +0.2% $29 / Sq Ft
11/24/2013 11/24/13 Pending -- -- --
11/21/2013 11/21/13 Price Changed $49,900 -9.3% $29 / Sq Ft
11/13/2013 11/13/13 Price Changed $55,000 +10.2% $32 / Sq Ft
05/14/2013 05/14/13 Price Changed $49,900 -28.7% $29 / Sq Ft
04/09/2013 04/09/13 Price Changed $70,000 -39.1% $41 / Sq Ft
11/20/2012 11/20/12 For Sale $115,000 -- $67 / 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 $5,459 $127,760 $48,310 $79,450
2023 $4,082 $127,760 $48,310 $79,450
2022 $4,924 $127,760 $48,310 $79,450
2021 $7,341 $127,760 $48,310 $79,450
2020 $4,508 $68,450 $20,890 $47,560
2019 $4,433 $68,450 $20,890 $47,560
2018 $4,375 $68,450 $0 $0
2017 $4,151 $68,450 $0 $0
2016 $376 $68,450 $0 $0
2015 $383 $68,450 $0 $0
2014 $383 $68,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE537038

Bright MLS

APN: 17-00-00604-00