NOT LISTED FOR SALE

45 Runnemede Ave Lansdowne, PA 19050

Estimated Value: $352,000 - $406,618

-- Bed
3 Baths
3,231 Sq Ft
$119/Sq Ft Est. Value

Last Sold May 29, 2012

Last sale price $207,690 $64 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,951/month

280 Days on Market

Highlights

  • No HOA
  • 4 Attached Carport Spaces
  • 3-minute walk to The Lansdowne Landing
  • En-Suite Primary Bedroom
  • Heating System Uses Gas

About This Home

As of May 2012

Welcome to 45 Runnemede Ave. Solid 3 unit investment opportunity. Property consist of three 2 bedroom apartments. This building has all separate utilities, common laundry in the basement, covered parking plus off street parking for all units. Property pro-forma and leases available for review by all seriously interested buyers. This property can be purchased alone or as a package with 47 (attached) and 36 (across the street) Runnemede Ave. If you are looking to add to an existing portfolio or just starting to invest in real estate this group of properties is an ideal acquisition. All units are fully leased, solid rental income; buildings are in good shape and up to code. These are turnkey properties!

Last Agent to Sell the Property

BRIAN A. DICKERSON

RE/MAX Town & Country License #TREND:60003472 Listed on: 03/14/2011

Last Buyer's Agent

Clinton McCartney

KW Commercial

KW Commercial

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 8,050 Sq Ft Lot
  • Lot Dimensions are 50x161

Home Design

  • Triplex
  • Brick Exterior Construction
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 3,231 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Open Parking Spaces
  • 7 Parking Spaces
  • 4 Attached Carport Spaces
  • On-Street Parking

Schools

  • Penn Wood High School

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 248-000
  • Assessor Parcel Number 23-00-02828-00

Community Details

Overview

  • No Home Owners Association
  • Lansdowne Subdivision

Building Details

  • Electric Expense $116
  • Insurance Expense $1,237
  • Maintenance Expense $2,386
  • Other Expense $315
  • Operating Expense $12,796

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 315.00
  • Year Built: 1900
  • Remarks Public: Welcome to 45 Runnemede Ave. Solid 3 unit investment opportunity. Property consist of three 2 bedroom apartments. This building has all separate utilities, common laundry in the basement, covered parking plus off street parking for all units. Property pro-forma and leases available for review by all seriously interested buyers. This property can be purchased alone or as a package with 47 (attached) and 36 (across the street) Runnemede Ave. If you are looking to add to an existing portfolio or just starting to invest in real estate this group of properties is an ideal acquisition. All units are fully leased, solid rental income; buildings are in good shape and up to code. These are turnkey properties!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Has Laundry
  • Total Sq Ft: 3231
  • Living Area Sq Ft: 3231
  • Price Per Sq Ft: 70.88
  • Above Grade Finished Sq Ft: 3231
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 45

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Brick, Stone
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 4
  • Parking Features: Street
  • Attached Carport Spaces: 4
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: On Street, Attached Carport

Utilities

  • Central Air Conditioning: No
  • Electric Expense: 116.00
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1628.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: WILLIAM PENN
  • High School: PENN WOOD
  • School District Key: 300200397351
  • High School: PENN WOOD

Lot Info

  • Lot Size Acres: 0.18
  • Lot Dimensions: 50X161
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8050.00
  • Zoning: TN

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 28980.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 494022
  • Tax Annual Amount: 7114.00
  • Assessor Parcel Number: 23-00-02828-00
  • Tax Lot: 248-000
  • Tax Year: 2010
  • Close Date: 05/29/2012

MLS Schools

  • School District Name: WILLIAM PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2011
Closed on
May 29, 2012
Sold by
Lansdowne 100 Llc
Bought by
Mills Thomas S
Seller's Agent
BRIAN A. DICKERSON
RE/MAX Town & Country
Buyer's Agent
Clinton McCartney
KW Commercial
List Price
$249,900
Sold Price
$207,690
Premium/Discount to List
-$42,210
-16.89%
Current Estimated Value
$384,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,965
Original Mortgage
$155,768
Outstanding Balance
$112,435
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2007
Sold by
Cohen Daniel J and Cohen Signe M
Bought by
Lansdowne 100 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,400
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 1998
Sold by
Kanaly Michael S and Kanaly Suzanne T
Bought by
Cohen Daniel J and Cohen Signe M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.05%

Purchase Details

Closed on
Nov 14, 1995
Sold by
Basher Walter W and Burke Noreen P
Bought by
Kanaly Michael S and Kanaly Suzanne T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,698
Interest Rate
7.44%
Mortgage Type
FHA
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
Mills Thomas S $207,690 None Available
Lansdowne 100 Llc $255,000 None Available
Cohen Daniel J $137,500 Commonwealth Land Title Ins
Kanaly Michael S $132,500 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mills Thomas S $155,768
Previous Owner Lansdowne 100 Llc $414,400
Previous Owner Cohen Daniel J $110,000
Previous Owner Kanaly Michael S $131,698
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2012 05/29/12 Sold $207,690 -16.9% $64 / Sq Ft
12/19/2011 12/19/11 Pending -- -- --
03/14/2011 03/14/11 For Sale $249,900 -- $77 / 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
2024 $10,255 $249,070 $66,240 $182,830
2023 $9,777 $249,070 $66,240 $182,830
2022 $9,585 $249,070 $66,240 $182,830
2021 $14,393 $249,070 $66,240 $182,830
2020 $8,357 $127,430 $33,750 $93,680
2019 $8,217 $127,430 $33,750 $93,680
2018 $8,076 $127,430 $0 $0
2017 $7,898 $127,430 $0 $0
2016 $699 $127,430 $0 $0
2015 $699 $127,430 $0 $0
2014 $699 $127,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    BRIAN A. DICKERSON

    RE/MAX

  • Clinton McCartney

    Buyer's Agent in 2012

    Clinton McCartney

    KW Commercial

    (484) 468-1366

    15 Total Sales

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Map

Source: Bright MLS

MLS Number: 1004320012

Bright MLS

APN: 23-00-02828-00

Pennsylvania Delaware County Lansdowne 19050

45 Runnemede Ave, Lansdowne, PA

This home is located at 45 Runnemede Ave, Lansdowne, PA 19050 since 14 March 2011 and is currently estimated at $384,655, approximately $119 per square foot. This property was built in 1900. 45 Runnemede Ave is a home located in Delaware County with nearby schools including Ardmore Avenue School, Penn Wood Middle School, and Penn Wood High School - Cypress Street Campus.

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