NOT LISTED FOR SALE

240 Drexel Ave Lansdowne, PA 19050

Estimated Value: $304,000 - $380,000

-- Bed
2 Baths
2,088 Sq Ft
$160/Sq Ft Est. Value

Last Sold July 26, 2014

Last sale price $140,000 $67 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $2,469/month

92 Days on Market

Highlights

  • 0.29 Acre Lot
  • No HOA
  • Hot Water Heating System
  • Wood Flooring
  • En-Suite Primary Bedroom
  • Laundry Facilities

About This Home

As of July 2014

MOTIVATED SELLER! BRING ALL OFFERS/LEASE PURCHASE CONSIDERED! Quiet street in Lansdowne. Come in to a nice sized Living Room with fireplace. Updated first floor kitchen. Two more nice sized bedrooms and Dining Area on first floor. Newer interior paint. Hardwood floors throughout (some recently refinished) , all brand new windows, heating system new in 2006. Second floor features faux painting with two more bedrooms, Living Room, Dining Area and large landing. Converted five bedroom house presently has two separate living units. Seller will reconvert if buyer prefers. Or you could live in one part and rent the other (second floor estimated rent of $775 per month; first floor estimated $850 per month) or use one of the floors for in law suite. Close to mass transit. Full walkout basement. Easy maintenance aluminum/stucco exterior. Nicely landscaped larger lot (100 x 125) with mature trees and fenced back yard. Enclosed porch with lots of windows. Lots of parking.

Last Agent to Sell the Property

JOHN HERREID

Keller Williams Real Estate - Media License #RS227620L Listed on: 01/07/2014

Keller Williams Real Estate - Media

Last Buyer's Agent

Jim Byrd

Keller Williams Real Estate - Bensalem License #RS301186

Keller Williams Real Estate - Bensalem

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 100x125
  • Property is in good condition

Home Design

  • Duplex
  • Pitched Roof
  • Aluminum Siding
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,088 Sq Ft Home
  • Replacement Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 3 Open Parking Spaces
  • Private Parking

Schools

  • Penn Wood High School

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 012-000
  • Assessor Parcel Number 23-00-00764-00

Community Details

Overview

  • No Home Owners Association
  • Dream Valley Subdivision

Additional Features

  • Laundry Facilities
  • Operating Expense $5,623

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1926
  • Remarks Public: MOTIVATED SELLER! BRING ALL OFFERS/LEASE PURCHASE CONSIDERED! Quiet street in Lansdowne. Come in to a nice sized Living Room with fireplace. Updated first floor kitchen. Two more nice sized bedrooms and Dining Area on first floor. Newer interior paint. Hardwood floors throughout (some recently refinished) , all brand new windows, heating system new in 2006. Second floor features faux painting with two more bedrooms, Living Room, Dining Area and large landing. Converted five bedroom house presently has two separate living units. Seller will reconvert if buyer prefers. Or you could live in one part and rent the other (second floor estimated rent of $775 per month; first floor estimated $850 per month) or use one of the floors for in law suite. Close to mass transit. Full walkout basement. Easy maintenance aluminum/stucco exterior. Nicely landscaped larger lot (100 x 125) with mature trees and fenced back yard. Enclosed porch with lots of windows. Lots of parking.
  • Special Features: VirtualTour

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Window Features: Replacement
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Common, Has Laundry
  • Total Sq Ft: 2088
  • Living Area Sq Ft: 2088
  • Price Per Sq Ft: 74.23
  • Above Grade Finished Sq Ft: 2088
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 240

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Stucco
  • Construction Completed: No
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Parking Features: Private

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: WILLIAM PENN
  • High School: PENN WOOD
  • School District Key: 300200397351
  • High School: PENN WOOD

Lot Info

  • Lot Size Acres: 0.29
  • Lot Dimensions: 100X125
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12500.00
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 491966
  • Tax Annual Amount: 5784.00
  • Assessor Parcel Number: 23-00-00764-00
  • Tax Lot: 012-000
  • Tax Year: 2014
  • Close Date: 07/26/2014

MLS Schools

  • School District Name: WILLIAM PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2014
Closed on
Jul 23, 2014
Sold by
Greenberg Lenore
Bought by
Karlowistch Laura and Dill Robert
Seller's Agent
JOHN HERREID
Keller Williams Real Estate - Media
Buyer's Agent
Jim Byrd
Keller Williams Real Estate - Bensalem
List Price
$155,000
Sold Price
$140,000
Premium/Discount to List
-$15,000
-9.68%
Current Estimated Value
$334,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,474
Avg. Annual Appreciation
7.68%
Original Mortgage
$137,464
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 20, 1998
Sold by
Gould Robert A
Bought by
Greenberg Lenore

Purchase Details

Closed on
Oct 14, 1994
Sold by
Greenberg Lenore
Bought by
Gould Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
8.43%
Mortgage Type
Seller Take Back
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
Karlowistch Laura $140,000 None Available
Greenberg Lenore -- Commonwealth Land Title Ins
Gould Robert A $133,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dill Robert $70,000
Open Bussone William $131,584
Closed Karlowistch Laura $35,000
Closed Karlowistch Laura $137,464
Previous Owner Gould Robert A $123,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2014 07/26/14 Sold $140,000 -9.7% $67 / Sq Ft
04/09/2014 04/09/14 Pending -- -- --
01/07/2014 01/07/14 For Sale $155,000 -- $74 / 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 $7,271 $176,590 $58,880 $117,710
2023 $6,932 $176,590 $58,880 $117,710
2022 $6,796 $176,590 $58,880 $117,710
2021 $10,205 $176,590 $58,880 $117,710
2020 $6,343 $96,720 $42,980 $53,740
2019 $6,237 $96,720 $42,980 $53,740
2018 $6,130 $96,720 $0 $0
2017 $5,995 $96,720 $0 $0
2016 $531 $96,720 $0 $0
2015 $531 $96,720 $0 $0
2014 $542 $96,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002778864

Bright MLS

APN: 23-00-00764-00