NOT LISTED FOR SALE

320 E Essex Ave Lansdowne, PA 19050

Estimated Value: $205,000 - $259,000

-- Bed
2 Baths
1,440 Sq Ft
$160/Sq Ft Est. Value

Last Sold January 26, 2021

Last sale price $172,500 $120 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,596/month

Highlights

  • Traditional Architecture
  • 2 Car Direct Access Garage
  • Property is in very good condition
  • No HOA
  • Hot Water Heating System

About This Home

As of January 2021

Well maintained Lansdowne townhome with two apartments within the Upper Darby School District. The neighboring home which is also a two unit apartment is also avaible for sale at 318 E. Essex Avenue. The townhome has a one bedroom / one bath apartment on the first floor and a two bedroom / one bath apartment on the second floor. The first floor apartment also has an addiiton with a separate entrance. The basement level has two separate tenant laundry areas plus a two car garage for additional storage or parking. The heater were replaced in 2017. The roof was recoated in 2019. Separate tenant electric and gas utilities. Water is metered separately also per apartment. Close to train and other public transportation and shopping. Rent roll is available upon request. All units are currently tenant occupied. This investment opportunity will not last!

Last Agent to Sell the Property

Donna McCole

Worthington Real Estate License #RM426154 Listed on: 12/19/2020

Worthington Real Estate

Co-Listed By

Shawn Towell

BHHS Fox & Roach Wayne-Devon

Last Buyer's Agent

Susan Murphy

Keller Williams Real Estate - Media License #RS0038826

Keller Williams Real Estate - Media

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,987

Year Built

  • Built in 1940

Lot Details

  • 2,134 Sq Ft Lot
  • Lot Dimensions are 20.00 x 114.00
  • Property is in very good condition

Parking

  • 2 Car Direct Access Garage
  • Alley Access
  • Rear-Facing Garage
  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,440 Sq Ft Home
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Exterior Lighting

Schools

  • U Darby High School

Utilities

  • Cooling System Utilizes Natural Gas
  • Window Unit Cooling System
  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 256-000
  • Assessor Parcel Number 16-02-00778-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,987

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1440
  • Living Area Sq Ft: 1440
  • Price Per Sq Ft: 117.36
  • Above Grade Finished Sq Ft: 1440
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 320

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting
  • Spa: No
  • 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
  • Garage Features: Garage - Rear Entry, Built In, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Alley, Attached Garage, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Cooling Type: Window Unit(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: UPPER DARBY
  • High School: U DARBY
  • High School Source: Listing Agent
  • School District Key: 300200397363
  • School District Source: Listing Agent
  • High School: U DARBY

Lot Info

  • Land Use Code: R-20
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20.00 x 114.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2134.00
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: R-20

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2333.00
  • Tax Annual Amount: 3987.00
  • Assessor Parcel Number: 16-02-00778-00
  • Tax Lot: 256-000
  • Tax Total Finished Sq Ft: 1440
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 01/26/2021

MLS Schools

  • School District Name: UPPER DARBY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2020
Closed on
Jan 22, 2021
Sold by
Shaffer Francis T
Bought by
Rauceo Richard
Seller's Agent
Donna McCole
Worthington Real Estate
Buyer's Agent
Susan Murphy
Keller Williams Real Estate - Media
List Price
$169,000
Sold Price
$172,500
Premium/Discount to List
$3,500
2.07%
Current Estimated Value
$230,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,738
Avg. Annual Appreciation
6.42%
Original Mortgage
$129,375
Outstanding Balance
$115,712
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$114,526

Purchase Details

Closed on
Sep 29, 1995
Sold by
Molloy William J
Bought by
Shaffer Francis T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,700
Interest Rate
7.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Rauceo Richard $172,500 Keystone Premier Setmnt Svcs
Shaffer Francis T $61,000 T A Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rauceo Richard $129,375
Previous Owner Shaffer Francis T $85,000
Previous Owner Shaffer Francis T $20,000
Previous Owner Shaffer Francis T $42,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2021 01/26/21 Sold $172,500 +2.1% $120 / Sq Ft
12/21/2020 12/21/20 Pending -- -- --
12/19/2020 12/19/20 For Sale $169,000 -- $117 / 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 $4,433 $104,810 $15,210 $89,600
2024 $4,433 $104,810 $15,210 $89,600
2023 $4,391 $104,810 $15,210 $89,600
2022 $4,273 $104,810 $15,210 $89,600
2021 $5,761 $104,810 $15,210 $89,600
2020 $3,987 $61,640 $19,020 $42,620
2019 $3,917 $61,640 $19,020 $42,620
2018 $3,872 $61,640 $0 $0
2017 $3,772 $61,640 $0 $0
2016 $338 $61,640 $0 $0
2015 $345 $61,640 $0 $0
2014 $345 $61,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE536912

Bright MLS

APN: 16-02-00778-00