NOT LISTED FOR SALE

45 N Richardson Ave Lansdale, PA 19446

Estimated Value: $466,947 - $581,000

-- Bed
3 Baths
2,766 Sq Ft
$185/Sq Ft Est. Value

Last Sold October 11, 2021

Last sale price $382,500 $138 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,221/month

49 Days on Market

Highlights

  • View of Trees or Woods
  • 5-minute walk to Lansdale
  • Colonial Architecture
  • Oak Park El School Rated A-
  • Heated Floors
  • Private Lot

About This Home

As of October 2021

This is a free standing brick and stone home converted into a three unit apartment building. Unit one has one bedroom and one bath. Unit two is two stories with a large bedroom on the second floor and one bath. Unit three is two stories and has two bedrooms and one bath. Each tenant pays for their own electric and gas heat. The landlord pays for water and sewer. There is a two car detached garage behind the building. There is a paved parking lot for three cars in the rear of the building and permit parking on the street in front of the building. The front/side covered porch is very large and wraps around the building. There was a back line for tenants to enjoy. This building is one block from the R-5 commuter train. Downtown Lansdale with shops, restaurants etc. is one block away. Despite being close to the train and downtown it is a nice, quiet neighborhood. The three tenants who live in the building are long-term. This is a non-pet apartment building. The gross rental income per month is $2589.00. The two car garage is currently being used by the landlord. In the past it was rented for $350 a month to a contractor.

Last Agent to Sell the Property

Jennifer Stein

(213) 446-5366 forsale@homelister.com Homelister, Inc License #RM422728 Listed on: 06/11/2021

Last Buyer's Agent

Thomas Greer

(267) 974-1450 tomgreertherealtor@gmail.com Keller Williams Real Estate - Newtown License #RS324020

Keller Williams Real Estate - Newtown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,618

Year Built

  • Built in 1885

Lot Details

  • 7,850 Sq Ft Lot
  • Stone Retaining Walls
  • Landscaped
  • Private Lot
  • Back, Front, and Side Yard

Parking

  • 2 Car Detached Garage
  • 3 Open Parking Spaces
  • Front Facing Garage
  • Side Facing Garage
  • Driveway
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking
  • Rented or Permit Required

Property Views

  • Woods
  • Garden

Home Design

  • Triplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof
  • Stone Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Copper Plumbing
  • CPVC or PVC Pipes
  • Masonry
  • Stucco

Interior Spaces

  • Cedar Closet
  • 2,766 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Window Screens
  • Six Panel Doors
  • Family Room Off Kitchen

Kitchen

  • Gas Oven or Range
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Heated Floors
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Escape

Outdoor Features

  • Patio
  • Exterior Lighting
  • Wrap Around Porch

Location

  • Suburban Location

Schools

  • York Avenue Elementary School
  • Penndale Middle School
  • North Penn High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Electric Baseboard Heater
  • 100 Amp Service
  • 60 Amp Service
  • Electric Water Heater
  • Municipal Trash
  • Multiple Phone Lines
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 3 Units
  • Building Winterized
  • Lansdale Subdivision

Listing and Financial Details

  • The owner pays for water, sewer
  • Tax Lot 004
  • Assessor Parcel Number 11-00-13564-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,618

Year Built

Built in 1885

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: All personal property
  • Historic: No
  • Inclusions: All fixtures and fittings attached to the Property
  • New Construction: No
  • Year Built: 1885
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Oven - Single, Oven/Range - Electric, Oven/Range - Gas, Range Hood, Refrigerator, Stove, Water Heater
  • Flooring Type: Fully Carpeted, Hardwood, Heated, Partially Carpeted, Vinyl
  • Interior Amenities: Carpet, Cedar Closet(s), Ceiling Fan(s), Family Room Off Kitchen, Wood Floors
  • Window Features: Double Pane, Screens, Vinyl Clad
  • Door Features: Six Panel
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Full, Connecting Stairway, Interior Access, Outside Entrance, Sump Pump, Unfinished
  • Total Sq Ft: 2766
  • Living Area Sq Ft: 2766
  • Price Per Sq Ft: 144.58
  • Above Grade Finished Sq Ft: 2766
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Brick, Cpvc/Pvc, Combination, Concrete, Copper Plumbing, Masonry, Mixed, Stone, Stucco, Vinyl Siding
  • Exterior Features: Exterior Lighting, Fire Escape, Sidewalks, Stone Retaining Walls, Street Lights
  • Road Surface Type: Paved
  • Roof: Asphalt, Shingle
  • View: Garden/Lawn, Street, Trees/Woods
  • 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
  • Parking Features: Asphalt Driveway, Rented/Permit Required
  • Garage Features: Garage - Side Entry, Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Detached Garage, Off Street, On Street, Parking Lot
  • Parking Lot Number Of Spaces: 3

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ceiling Fan(s), Wall Unit
  • Electric Service: 100 Amp Service, 60 Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Electric, Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Cable Tv Available, Electric Available, Multiple Phone Lines
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: DSL

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: YORK AVENUE
  • High School: NORTH PENN
  • Middle Or Junior School: PENNDALE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Features: Front Yard, Landscaping, Not In Development, Private, Rear Yard, Road Frontage, Sideyard(s)
  • Lot Size Acres: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7850.00
  • Outdoor Living Structures: Patio(s), Porch(es), Wrap Around
  • Zoning: B

Rental Info

  • Existing Lease Type: Long Term
  • Owner Pays: Water, Sewer
  • Total Actual Rent: 31068.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 609727
  • School Tax: 4205.00
  • School Tax Pymnt Freq: Semi-Annually
  • Tax Annual Amount: 5618.00
  • Assessor Parcel Number: 11-00-13564-006
  • Tax Lot: 004
  • County Tax Payment Frequency: Semi-Annually
  • Tax Data Updated: No
  • Tax Year: 2021

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: NORTH PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Oct 8, 2021
Sold by
Wilson John A and Wilson Susan A
Bought by
45 North Richardson Llc
Seller's Agent
Jennifer Stein
Homelister, Inc
Buyer's Agent
Thomas Greer
Keller Williams Real Estate - Newtown
List Price
$434,900
Sold Price
$382,500
Premium/Discount to List
-$52,400
-12.05%
Current Estimated Value
$511,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,487
Avg. Annual Appreciation
7.26%
Original Mortgage
$269,500
Outstanding Balance
$245,910
Interest Rate
2.99%
Estimated Equity
$266,077
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
45 North Richardson Llc $382,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 45 North Richardson Llc $269,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2021 10/11/21 Sold $382,500 -4.4% $138 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/19/2021 07/19/21 Price Changed $399,900 -4.8% $145 / Sq Ft
07/01/2021 07/01/21 Price Changed $419,900 -3.4% $152 / Sq Ft
06/11/2021 06/11/21 For Sale $434,900 -- $157 / 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 $6,334 $150,570 $45,920 $104,650
2024 $6,334 $150,570 $45,920 $104,650
2023 $5,925 $150,570 $45,920 $104,650
2022 $5,737 $150,570 $45,920 $104,650
2021 $5,503 $150,570 $45,920 $104,650
2020 $5,337 $150,570 $45,920 $104,650
2019 $5,249 $150,570 $45,920 $104,650
2018 $1,408 $150,570 $45,920 $104,650
2017 $4,899 $150,570 $45,920 $104,650
2016 $4,841 $150,570 $45,920 $104,650
2015 $4,492 $150,570 $45,920 $104,650
2014 $4,492 $150,570 $45,920 $104,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC697182

Bright MLS

APN: 11-00-13564-006