NOT LISTED FOR SALE

38 N Richardson Ave Lansdale, PA 19446

Estimated Value: $318,000 - $433,000

-- Bed
2 Baths
-- Sq Ft
6,440 Sq Ft Lot

Last Sold February 26, 2019

Last sale price $237,000

Est. 67% increase in value since last sale

Current estimated payment $2,494/month

123 Days on Market

Highlights

  • No HOA
  • 5-minute walk to Lansdale
  • Hot Water Heating System
  • Oak Park El School Rated A-
  • 2 Car Detached Garage
  • Laundry Facilities

About This Home

As of February 2019

Single brick Duplex with a good rental history. 2 bedroom unit located on the main level and a 3 bedroom unit located on the second level. A full unfinished basement with laundry hookups, storm cellar walk-out steps. Fenced in yard and a garage in the rear of the property which has been rented previously. This property is within walking distance to town and Lansdale train station.

Last Agent to Sell the Property

Nicholas Salamone

(610) 564-7000 nsalamone@aol.com Nicholas A Salamone License #RB024035A Listed on: 09/23/2018

Last Buyer's Agent

Michael Gabriel

(267) 980-2680 mikegabriel@kw.com Keller Williams Real Estate-Horsham

Keller Williams Real Estate-Horsham

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,078

Year Built

  • Built in 1888

Lot Details

  • 6,440 Sq Ft Lot
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • 2 Open Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction

Flooring

  • Wall to Wall Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Hot Water Heating System
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 010
  • Assessor Parcel Number 11-00-13588-009

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Lansdale Subdivision

Additional Features

  • Laundry Facilities
  • Operating Expense $4,078

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,078

Year Built

Built in 1888

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1888
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Common
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • 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
  • Open Parking Spaces Count: 2
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Oil
  • Heating Type: Hot Water, Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 40
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6440.00
  • Property Condition: Good
  • Zoning: B

Rental Info

  • Ground Rent Exists: No
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 609733
  • Tax Annual Amount: 4078.00
  • Assessor Parcel Number: 11-00-13588-009
  • Tax Lot: 010
  • Tax Data Updated: No
  • Tax Year: 2018

MLS Schools

  • School District Name: NORTH PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2024
Sold by
Brodeur John
Bought by
Brodel Realty One Llc
Current Estimated Value
$396,169

Purchase Details

Listed on
Sep 23, 2018
Closed on
Feb 27, 2019
Sold by
Edwards Terrence J
Bought by
Brodeur John
Seller's Agent
Nicholas Salamone
Nicholas A Salamone
Buyer's Agent
Michael Gabriel
Keller Williams Real Estate-Horsham
List Price
$266,500
Sold Price
$237,000
Premium/Discount to List
-$29,500
-11.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Original Mortgage
$177,750
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2007
Sold by
Naseer Humayoon
Bought by
Edwards Terence J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,750
Interest Rate
6.18%

Purchase Details

Closed on
Apr 15, 2004
Sold by
Barkowski Lisa M
Bought by
Naseer Humayoon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,625
Interest Rate
5.36%

Purchase Details

Closed on
Feb 5, 2002
Sold by
Chadwick Mark and Chadwick Fran
Bought by
Barkowski Lisa M

Purchase Details

Closed on
May 1, 1998
Sold by
Fretz Constance S
Bought by
Chadwick Mark and Chadwick Fran
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brodel Realty One Llc $262,080 None Listed On Document
Brodeur John $237,000 None Available
Edwards Terence J $205,000 None Available
Naseer Humayoon $166,250 --
Barkowski Lisa M $115,000 --
Chadwick Mark $116,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brodeur John $177,750
Previous Owner Edwards Terence J $30,750
Previous Owner Edwards Terence J $164,000
Previous Owner Naseer Humayoon $16,625
Previous Owner Naseer Humayoon $133,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2019 02/26/19 Sold $237,000 -11.1% --
01/03/2019 01/03/19 For Sale $266,500 +12.4% --
12/30/2018 12/30/18 Off Market $237,000 -- --
09/23/2018 09/23/18 For Sale $266,500 -- --
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 $4,921 $117,000 $40,000 $77,000
2024 $4,921 $117,000 $40,000 $77,000
2023 $4,604 $117,000 $40,000 $77,000
2022 $4,458 $117,000 $40,000 $77,000
2021 $4,276 $117,000 $40,000 $77,000
2020 $4,147 $117,000 $40,000 $77,000
2019 $4,078 $117,000 $40,000 $77,000
2018 $1,095 $117,000 $40,000 $77,000
2017 $3,807 $117,000 $40,000 $77,000
2016 $3,762 $117,000 $40,000 $77,000
2015 $3,491 $117,000 $40,000 $77,000
2014 $3,491 $117,000 $40,000 $77,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1006257462

Bright MLS

APN: 11-00-13588-009