NOT LISTED FOR SALE

43 Nyack Ave Lansdowne, PA 19050

Estimated Value: $244,000 - $325,064

-- Bed
2 Baths
2,045 Sq Ft
$137/Sq Ft Est. Value

Last Sold April 12, 2022

Last sale price $230,000 $112 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,035/month

Highlights

  • Colonial Architecture
  • 4-minute walk to Lansdowne
  • Eat-In Kitchen
  • Traditional Floor Plan
  • Wood Flooring
  • Bathtub with Shower

About This Home

As of April 2022

Don't miss this sizeable income producing purpose-built brick duplex with ample upside for great investment returns. Investors and owner occupant "househackers" alike, here it is! The property is laid out with Unit 1 occupying the 1st floor and basement and Unit 2 in the 2nd floor. Unit 1 enters from the front of the property and Unit 2 enters from the side meaning there is great privacy for the tenants/occupants. Unit 1 features two bedrooms, an eat in kitchen, living room and bathroom on the first floor and connects down to the finished section of the basement which features a spacious 3rd bedroom and full bathroom and rear exit. This basement space even has potential for utilization as a 3rd unit. The unfinished side of the basement houses laundry and mechanicals. Unit 2 features two bedrooms, an eat in kitchen, living room, bathroom and two full bedrooms and is intentionally vacant to allow an owner occupant buyer an available unit to move into. Unit 1 is tenant occupied on month to month lease. The asphalt driveway on the left of the building leads to rear parking. This property has a ton of value add potential and is a great addition to your investment portfolio. Owner is a PA Licensed Real Estate Salesperson.

Last Agent to Sell the Property

John Knisely

(484) 441-3075 john@mediahomepro.com Keller Williams Real Estate - Media License #RS-0025871 Listed on: 10/28/2021

Keller Williams Real Estate - Media

Last Buyer's Agent

Rajveer Shergill

(610) 306-0014 gurnoorp172@gmail.com BHHS Fox&Roach-Newtown Square

BHHS Fox&Roach-Newtown Square

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00 x 130.00
  • Property is in good condition

Home Design

  • Duplex
  • Colonial Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • Bathtub with Shower
  • Traditional Floor Plan
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Range Hood

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Side Basement Entry
  • Basement Windows

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Paved Parking
  • On-Street Parking
  • Off-Street Parking
  • Surface Parking

Utilities

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

Listing and Financial Details

  • The owner pays for water, sewer, common area maintenance, lawn/shrub care, real estate taxes
  • Tax Lot 402-000
  • Assessor Parcel Number 23-00-02338-00

Community Details

Overview

  • 2 Units
  • 2-Story Building
  • Lansdowne Subdivision

Building Details

  • 1 Vacant Unit
  • Gross Income $26,112

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenants personal property
  • New Construction: No
  • Expected On Market: 2021-10-28
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Don't miss this sizeable income producing purpose-built brick duplex with ample upside for great investment returns. Investors and owner occupant "househackers" alike, here it is! The property is laid out with Unit 1 occupying the 1st floor and basement and Unit 2 in the 2nd floor. Unit 1 enters from the front of the property and Unit 2 enters from the side meaning there is great privacy for the tenants/occupants. Unit 1 features two bedrooms, an eat in kitchen, living room and bathroom on the first floor and connects down to the finished section of the basement which features a spacious 3rd bedroom and full bathroom and rear exit. This basement space even has potential for utilization as a 3rd unit. The unfinished side of the basement houses laundry and mechanicals. Unit 2 features two bedrooms, an eat in kitchen, living room, bathroom and two full bedrooms and is intentionally vacant to allow an owner occupant buyer an available unit to move into. Unit 1 is tenant occupied on month to month lease. The asphalt driveway on the left of the building leads to rear parking. This property has a ton of value add potential and is a great addition to your investment portfolio. Owner is a PA Licensed Real Estate Salesperson.
  • Special Features: None

Interior Features

  • Appliances: Range Hood, Refrigerator, Washer, Dryer
  • Flooring Type: Wood
  • Interior Amenities: Kitchen - Eat-In, Combination Kitchen/Dining, Floor Plan - Traditional, Tub Shower
  • Fireplace: No
  • Foundation Details: Stone
  • Room Count: 8
  • Basement: Yes
  • Basement Type: Full, Partially Finished, Windows, Improved, Interior Access, Outside Entrance, Side Entrance
  • Total Sq Ft: 2241
  • Living Area Sq Ft: 2045
  • Price Per Sq Ft: 113.57
  • Above Grade Finished Sq Ft: 1849
  • Below Grade Finished Sq Ft: 196
  • Below Grade Sq Ft: 196
  • Total Below Grade Sq Ft: 392
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 43

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat
  • 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, Surface
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Off Street, On Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • 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

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: 125250.00
  • Land Assessed Value: 35710.00
  • Land Use Code: R-20
  • Lot Size Acres: 0.12
  • Lot Dimensions: 40.00 x 130.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.20
  • Property Condition: Average, Good
  • Year Assessed: 2022
  • Zoning: R-20 DUPLEX

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 1
  • Owner Pays: Water, Sewer, Common Area Maintenance, Lawn/Shrub Care, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 12312.00
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 493531
  • School Tax: 4535.00
  • Tax Annual Amount: 6194.00
  • Assessor Parcel Number: 23-00-02338-00
  • Tax Lot: 402-000
  • Tax Total Finished Sq Ft: 1849
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 04/12/2022

Multi Family

  • Number Of Units Vacant: 1
  • Gross Scheduled Income: 26112.00
  • Other Units: Unit 1,Unit 2
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: WILLIAM PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2006
Sold by
Welch Richard
Bought by
Lin Yi Mei
Current Estimated Value
$279,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2002
Sold by
Mcgeever Terrence P
Bought by
Welch Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,300
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 1995
Sold by
State Street Bank & Trust Company
Bought by
Mcgeever Terrence P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
8.5%

Purchase Details

Closed on
Nov 9, 1994
Sold by
Osborne Ann
Bought by
State Street Bank & Trust Company
Source: Public Records

Range of Values:

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
Lin Yi Mei $150,000 None Available
Welch Richard $87,000 Ta Title
Mcgeever Terrence P $63,500 --
State Street Bank & Trust Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Yi Mei $120,000
Previous Owner Welch Richard $78,300
Previous Owner Mcgeever Terrence P $50,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2022 04/12/22 Sold $230,000 +9.5% $112 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
01/25/2022 01/25/22 For Sale $210,000 -8.7% $103 / Sq Ft
10/28/2021 10/28/21 Off Market $230,000 -- --
10/28/2021 10/28/21 For Sale $210,000 0.0% $103 / Sq Ft
09/06/2013 09/06/13 Rented $850 0.0% --
09/04/2013 09/04/13 Under Contract -- -- --
08/15/2013 08/15/13 For Rent $850 -- --
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 $6,627 $160,960 $35,710 $125,250
2024 $6,627 $160,960 $35,710 $125,250
2023 $6,318 $160,960 $35,710 $125,250
2022 $6,194 $160,960 $35,710 $125,250
2021 $9,301 $160,960 $35,710 $125,250
2020 $4,224 $64,410 $23,370 $41,040
2019 $4,153 $64,410 $23,370 $41,040
2018 $4,082 $64,410 $0 $0
2017 $3,992 $64,410 $0 $0
2016 $353 $64,410 $0 $0
2015 $353 $64,410 $0 $0
2014 $353 $64,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Bright MLS

MLS Number: PADE2009764

Bright MLS

APN: 23-00-02338-00