NOT LISTED FOR SALE

431 W Beechtree Ln Wayne, PA 19087

Estimated Value: $504,000 - $692,000

-- Bed
2 Baths
2,030 Sq Ft
$301/Sq Ft Est. Value

Last Sold March 20, 2024

Last sale price $495,000 $244 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,031/month

74 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Main Floor Bedroom
  • Wayne Elementary School Rated A+
  • Wood Flooring
  • Stainless Steel Appliances

About This Home

As of March 2024

Recently renovated, this twin duplex is ready for the next owner. A wonderful investment opportunity in the heart of Wayne! Radnor school district, walk to wayne location. A twin duplex home boasts 2 separate units. First floor unit has its own entrance, living room, nice kitchen, full bathroom, bedroom and stackable washer and dryer in the unit. There is a patio off the kitchen of the this unit for the tenants. 1st floor unit is currently rented. 2nd Floor unit enters the front of the house on W Beechtree Lane. Walk into a large foyer/ entryway with storage as well as the washer and dryer. Interior door leads you upstairs to the 2nd floor unit. A brand new kitchen with new appliances- refrigerator, dishwasher and oven, backsplash, and large island with butcher block top, opens up to the living room. There is a front porch off the living room. Bedroom #1 and the full bath are located on this floor. Second floor includes a large bedroom and 3rd room that could be used as an office or addl bedroom and a large hall closet. This unit is currently vacant. The backyard is flat and great space. When both units are occupied the backyard is shared by the tenants. Bilico doors lead down to the basement. Owner recently installed two new heaters and removed the old(inactive ) oil tank. Basement is large and shared by tenants for storage. Ready to be rented put for income or used by end unit with income from either unit. See Information Sheet for more info regarding income, expenses and cap rate. A great opportunity!

Last Agent to Sell the Property

Catherine Lowry

BHHS Fox & Roach Wayne-Devon Listed on: 11/22/2023

BHHS Fox & Roach Wayne-Devon

Last Buyer's Agent

Jeff Scott

Keller Williams Real Estate -Exton License #RS349452

Keller Williams Real Estate -Exton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,083

Year Built

  • Built in 1855

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 43.00 x 175.00
  • Back and Front Yard
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Block Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • Main Floor Bedroom
  • 2,030 Sq Ft Home
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Location

  • Suburban Location

Schools

  • Radnor M Middle School
  • Radnor H High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for insurance, real estate taxes, water, common area maintenance
  • Tax Lot 028-000
  • Assessor Parcel Number 36-01-00119-00

Community Details

Overview

  • 2 Units
  • 3-Story Building
  • North Wayne Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,083

Year Built

Built in 1855

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: Washer and Dryer in 1st and 2nd Floor Units, Refrigerators in 1st and 2nd Floor Units, 5 A/C Window Units
  • New Construction: No
  • Year Built: 1855
  • Automatically Close On Close Date: No
  • Remarks Public: Recently renovated, this twin duplex is ready for the next owner. A wonderful investment opportunity in the heart of Wayne! Radnor school district, walk to wayne location. A twin duplex home boasts 2 separate units. First floor unit has its own entrance, living room, nice kitchen, full bathroom, bedroom and stackable washer and dryer in the unit. There is a patio off the kitchen of the this unit for the tenants. 1st floor unit is currently rented. 2nd Floor unit enters the front of the house on W Beechtree Lane. Walk into a large foyer/ entryway with storage as well as the washer and dryer. Interior door leads you upstairs to the 2nd floor unit. A brand new kitchen with new appliances- refrigerator, dishwasher and oven, backsplash, and large island with butcher block top, opens up to the living room. There is a front porch off the living room. Bedroom #1 and the full bath are located on this floor. Second floor includes a large bedroom and 3rd room that could be used as an office or addl bedroom and a large hall closet. This unit is currently vacant. The backyard is flat and great space. When both units are occupied the backyard is shared by the tenants. Bilico doors lead down to the basement. Owner recently installed two new heaters and removed the old(inactive ) oil tank. Basement is large and shared by tenants for storage. Ready to be rented put for income or used by end unit with income from either unit. See Information Sheet for more info regarding income, expenses and cap rate. A great opportunity!
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Washer, Stove, Stainless Steel Appliances, Refrigerator, Oven/Range - Electric
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Kitchen - Eat-In, Wood Floors
  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2030
  • Living Area Sq Ft: 2030
  • Price Per Sq Ft: 245.81
  • Above Grade Finished Sq Ft: 2030
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 431

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: RADNOR TOWNSHIP
  • Middle School: RADNOR M
  • High School: RADNOR H
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397358
  • School District Source: Listing Agent
  • High School: RADNOR H
  • Middle Or Junior School: RADNOR M

Lot Info

  • Land Use Code: R-20
  • Lot Features: Front Yard, Rear Yard
  • Lot Size Acres: 0.09
  • Lot Dimensions: 43.00 x 175.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3920.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Very Good
  • Zoning: R-20

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Insurance, Taxes - Real Estate, Water, Common Area Maintenance
  • Rent Control: No
  • Total Actual Rent: 16200.00
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9083.00
  • Assessor Parcel Number: 36-01-00119-00
  • Tax Lot: 028-000
  • Tax Total Finished Sq Ft: 2030
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 03/20/2024

Multi Family

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

MLS Schools

  • School District Name: RADNOR TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2023
Closed on
Mar 12, 2024
Sold by
431 West Beechtree Lp
Bought by
Abereoje Adeyemi
Seller's Agent
Catherine Lowry
BHHS Fox & Roach Wayne-Devon
Buyer's Agent
Jeff Scott
Keller Williams Real Estate -Exton
List Price
$525,000
Sold Price
$495,000
Premium/Discount to List
-$30,000
-5.71%
Views
332
Current Estimated Value
$611,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,943
Avg. Annual Appreciation
15.30%
Original Mortgage
$473,387
Outstanding Balance
$461,477
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$150,466

Purchase Details

Closed on
Aug 1, 2006
Sold by
Daly Hubert V and Daly Maartje J
Bought by
431 West Beechtree Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Abereoje Adeyemi $495,000 None Listed On Document
431 West Beechtree Lp $315,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abereoje Adeyemi $473,387
Previous Owner 431 West Beechtree Lp $200,000
Previous Owner 431 West Beechtree Lp $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2024 03/20/24 Sold $495,000 -0.8% $244 / Sq Ft
02/04/2024 02/04/24 Pending -- -- --
01/31/2024 01/31/24 Price Changed $499,000 -5.0% $246 / Sq Ft
11/22/2023 11/22/23 For Sale $525,000 0.0% $259 / Sq Ft
04/20/2018 04/20/18 Rented $1,200 0.0% --
04/10/2018 04/10/18 Under Contract -- -- --
04/02/2018 04/02/18 For Rent $1,200 +14.3% --
10/12/2015 10/12/15 Rented $1,050 -2.3% --
10/12/2015 10/12/15 Under Contract -- -- --
08/21/2015 08/21/15 For Rent $1,075 +2.4% --
08/28/2014 08/28/14 Rented $1,050 0.0% --
08/27/2014 08/27/14 Under Contract -- -- --
07/21/2014 07/21/14 For Rent $1,050 -- --
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 $9,247 $457,350 $126,400 $330,950
2024 $9,247 $457,350 $126,400 $330,950
2023 $8,880 $457,350 $126,400 $330,950
2022 $8,783 $457,350 $126,400 $330,950
2021 $14,109 $457,350 $126,400 $330,950
2020 $5,114 $147,000 $62,100 $84,900
2019 $4,969 $147,000 $62,100 $84,900
2018 $4,872 $147,000 $0 $0
2017 $4,770 $147,000 $0 $0
2016 $807 $147,000 $0 $0
2015 $823 $147,000 $0 $0
2014 $807 $147,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Catherine Lowry

    Seller's Agent in 2024

    Catherine Lowry

    BHHS Fox & Roach

    (484) 431-5821

    13 in this area

    108 Total Sales

    Catherine Lowry
    Section Image
  • Jeff Scott

    Buyer's Agent in 2024

    Jeff Scott

    Keller Williams Real Estate -Exton

    (610) 739-0427

    1 in this area

    124 Total Sales

    Jeff Scott
    Section Image
  • Mary Giovanni

    Seller's Agent in 2018

    Mary Giovanni

    Wayne Realty Corporation

    (610) 909-3442

    6 in this area

    44 Total Sales

    Mary Giovanni
    Section Image
  • MJ Collins

    Buyer's Agent in 2018

    MJ Collins

    Equity Pennsylvania Real Estate

    (484) 844-7350

    1 in this area

    12 Total Sales

    MJ Collins
    Section Image

  • P

    Seller's Agent in 2015

    PHILIP LYNCH

    BHHS Fox & Roach

  • Ryan Huber

    Buyer's Agent in 2014

    Ryan Huber

    Coldwell Banker Realty

    (215) 641-2727

    2 Total Sales

    Ryan Huber
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PADE2057702

Bright MLS

APN: 36-01-00119-00

Pennsylvania Delaware County Wayne 19087

431 W Beechtree Ln, Wayne, PA

This home is located at 431 W Beechtree Ln, Wayne, PA 19087 since 22 November 2023 and is currently estimated at $611,943, approximately $301 per square foot. This property was built in 1855. 431 W Beechtree Ln is a home located in Delaware County with nearby schools including Wayne Elementary School, Radnor Middle School, and Radnor Senior High School.

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