NOT LISTED FOR SALE

274 Old Eagle School Rd Wayne, PA 19087

Estimated Value: $477,000 - $533,000

-- Bed
2 Baths
1,600 Sq Ft
$315/Sq Ft Est. Value

Last Sold November 07, 2024

Last sale price $465,000 $291 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,985/month

2 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Bathtub with Shower
  • Tredyffrin-Easttown Middle School Rated A+
  • Crown Molding
  • Hot Water Heating System

About This Home

As of November 2024

Fantastic investment opportunity on the Main Line! Send your children to T/E School District, walk just 6 minutes to the Strafford train station, drive just 4 minutes to downtown Wayne, close to Whole Foods and Devon Yard, and on top of all that you're just minutes from King of Prussia. This two-story home features 2 rental units; the 1st Floor Unit features 2 Bedrooms, Living Room, Dining Area, Kitchen and Full Bathroom with tile flooring. The main living area has wood laminate flooring and large windows contributing to the light and bright atmosphere. The 2nd Floor Unit has a separate side entrance with walk up to a Foyer Entry, large Kitchen with Dishwasher and eat-in area, Living Room, Office, Bedroom, and Bathroom. Beautiful hardwood flooring, tall baseboard, crown molding, and ample windows for air flow and light. Both Units are equipped with a stacked Washer & Dryer. First floor unit is currently vacant and would make for a terrific "househack" opportunity. Live in the first floor, rent the second floor and pay far less than you would to otherwise live in Wayne and specifically TE School District. Really a wonderful opportunity for an investor or owner occupant. Schedule your showing now!

Last Agent to Sell the Property

Stephen Stout

spstout@gmail.com Keller Williams Real Estate - Media License #RS340114 Listed on: 10/01/2024

Keller Williams Real Estate - Media

Last Buyer's Agent

Andrew M. Kraft

(215) 292-4905 akraft1700@yahoo.com CG Realty, LLC License #1860767

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,179

Year Built

  • Built in 1910

Lot Details

  • 4,182 Sq Ft Lot
  • Property is in excellent condition

Home Design

  • Duplex
  • Colonial Architecture
  • Traditional Architecture
  • Stone Siding
  • Masonry

Interior Spaces

  • Bathtub with Shower
  • 1,600 Sq Ft Home
  • Crown Molding
  • Double Hung Windows
  • Casement Windows
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile or Brick
  • Vinyl

Basement

  • Partial Basement
  • Crawl Space

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 8 Parking Spaces
  • 8 Driveway Spaces
  • Private Parking
  • Paved Parking

Schools

  • Devon Elementary School
  • T E Middle School
  • Conestoga High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • 200+ Amp Service
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • 1 Vacant Unit

Listing and Financial Details

  • Tax Lot 0263
  • Assessor Parcel Number 43-11B-0263

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,179

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial, Traditional
  • Ownership: Fee Simple
  • Inclusions: Refrigerators (2), Washer/Dryer (2). All in As-Is Condition.
  • New Construction: No
  • Expected On Market: 2024-10-01
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Flooring Type: Hardwood, Laminated, Tile/Brick, Vinyl
  • Interior Amenities: Bathroom - Tub Shower, Crown Moldings
  • Window Features: Double Hung, Casement
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 265.62
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry, Stone
  • Exterior Features: Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway, Paved Driveway, Paved Parking, Private
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 8

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: DEVON
  • High School: CONESTOGA
  • Middle Or Junior School: T E MIDDLE

Lot Info

  • Lot Size Acres: 0.10
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4182.00
  • Property Condition: Average, Good, Very Good, Excellent
  • Zoning: R20
  • Zoning Description: Mulifamily - 2 Units

Rental Info

  • Existing Lease Type: Yearly
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • School Tax: 3934.00
  • Tax Annual Amount: 5179.00
  • Assessor Parcel Number: 43-11B-0263
  • Tax Lot: 0263
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: TREDYFFRIN-EASTTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2024
Closed on
Oct 25, 2024
Sold by
Zervalis Gregory
Bought by
Lesniewski Nicholas
Seller's Agent
Stephen Stout
Keller Williams Real Estate - Media
Buyer's Agent
Andrew M. Kraft
CG Realty, LLC
List Price
$425,000
Sold Price
$465,000
Premium/Discount to List
$40,000
9.41%
Views
36
Current Estimated Value
$487,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,145
Avg. Annual Appreciation
7.30%
Original Mortgage
$395,250
Outstanding Balance
$391,616
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$111,907

Purchase Details

Listed on
Nov 23, 2020
Closed on
Mar 25, 2021
Sold by
Mccrossin Terrence P and Mccrossin Paige
Bought by
Zervalis Gregory
Seller's Agent
Shawn Corr
BHHS Fox & Roach Wayne-Devon
Buyer's Agent
Stephen Stout
Keller Williams Real Estate - Media
List Price
$420,000
Sold Price
$360,250
Premium/Discount to List
-$59,750
-14.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%
Original Mortgage
$270,187
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2000
Sold by
Gilley James K
Bought by
Mccrossin Terrence P and Mccrossin Paige

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
8.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 2000
Sold by
Kraft Joseph H
Bought by
Gilley James K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,950
Interest Rate
8.23%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lesniewski Nicholas $465,000 None Listed On Document
Lesniewski Nicholas $465,000 None Listed On Document
Zervalis Gregory $360,250 None Available
Mccrossin Terrence P $145,000 Fidelity National Title Ins
Gilley James K $141,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lesniewski Nicholas $395,250
Closed Lesniewski Nicholas $395,250
Previous Owner Zervalis Gregory $270,187
Previous Owner Mccrossin Terrence P $116,000
Previous Owner Gilley James K $133,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2024 11/07/24 Sold $465,000 +9.4% $291 / Sq Ft
10/04/2024 10/04/24 Pending -- -- --
10/01/2024 10/01/24 For Sale $425,000 +18.0% $266 / Sq Ft
03/25/2021 03/25/21 Sold $360,250 -14.2% $225 / Sq Ft View Prior Sale
01/28/2021 01/28/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $420,000 +16.6% $263 / Sq Ft
12/19/2020 12/19/20 Off Market $360,250 -- --
11/23/2020 11/23/20 For Sale $420,000 -- $263 / 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 $5,179 $147,040 $44,220 $102,820
2024 $5,179 $147,040 $44,220 $102,820
2023 $4,865 $147,040 $44,220 $102,820
2022 $4,740 $147,040 $44,220 $102,820
2021 $4,649 $147,040 $44,220 $102,820
2020 $4,521 $147,040 $44,220 $102,820
2019 $4,378 $147,040 $44,220 $102,820
2018 $4,292 $147,040 $44,220 $102,820
2017 $4,189 $147,040 $44,220 $102,820
2016 -- $147,040 $44,220 $102,820
2015 -- $147,040 $44,220 $102,820
2014 -- $147,040 $44,220 $102,820
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PACT2074884

Bright MLS

APN: 43-11B-0263.0000