NOT LISTED FOR SALE

47 Runnemede Ave Lansdowne, PA 19050

Estimated Value: $391,000 - $412,477

-- Bed
3 Baths
3,351 Sq Ft
$119/Sq Ft Est. Value

Last Sold June 01, 2012

Last sale price $207,690 $62 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,942/month

Highlights

  • 0.28 Acre Lot
  • 2 Car Detached Garage
  • Laundry Facilities
  • No HOA
  • En-Suite Primary Bedroom
  • 3-minute walk to The Lansdowne Landing

About This Home

As of June 2012

Invest in history. A chance to own one of the boroughs charming Victorian investment properties. Actually you can own three of them along with 45 and 36 Runnemede Ave. Buy individually or as a package. Great rental units, fully occupied, great rental returns, and these buildings are in good shape. Opportunity for a turnkey rental business. 9 units on the same block; a great addition to any portfolio of investment properties. Property pro-forma and leases available for review for serious buyers.

Last Agent to Sell the Property

BRIAN A. DICKERSON

brian@pennsland.com RE/MAX Town & Country License #TREND:60003472 Listed on: 03/14/2011

Last Buyer's Agent

Clinton McCartney

(484) 468-1366 cmccartney@kwcommercial.com KW Commercial

KW Commercial

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 75x161

Parking

  • 2 Car Detached Garage
  • 2 Open Parking Spaces
  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • En-Suite Primary Bedroom
  • 3,351 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Schools

  • Penn Wood High School

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 247-000
  • Assessor Parcel Number 23-00-02827-00

Community Details

Overview

  • No Home Owners Association
  • Lansdowne Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $250
  • Insurance Expense $1,237
  • Maintenance Expense $2,758
  • Other Expense $315
  • Operating Expense $15,231

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Parking

2

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: Invest in history. A chance to own one of the boroughs charming Victorian investment properties. Actually you can own three of them along with 45 and 36 Runnemede Ave. Buy individually or as a package. Great rental units, fully occupied, great rental returns, and these buildings are in good shape. Opportunity for a turnkey rental business. 9 units on the same block; a great addition to any portfolio of investment properties. Property pro-forma and leases available for review for serious buyers.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Common
  • Total Sq Ft: 3351
  • Living Area Sq Ft: 3351
  • Price Per Sq Ft: 68.34
  • Above Grade Finished Sq Ft: 3351
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 47

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • 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
  • Parking Features: Street
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Annual Heating Expense: 2400.00
  • Central Air Conditioning: No
  • Electric Expense: 250.00
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1384.00
  • 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: 0.28
  • Lot Dimensions: 75X161
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12075.00
  • Zoning: TN

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 32160.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 494021
  • Tax Annual Amount: 6887.00
  • Assessor Parcel Number: 23-00-02827-00
  • Tax Lot: 247-000
  • Tax Year: 2010
  • Close Date: 06/01/2012

MLS Schools

  • School District Name: WILLIAM PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2011
Closed on
Jun 1, 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
$244,900
Sold Price
$207,690
Premium/Discount to List
-$37,210
-15.19%
Current Estimated Value
$397,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,179
Avg. Annual Appreciation
4.99%
Original Mortgage
$155,767
Outstanding Balance
$23,194
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$374,675

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
Jun 29, 1999
Sold by
Kidder Donald A and Kidder Barbara A
Bought by
Cohen Daniel and Cohen Signe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
7.19%
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 $250,000 None Available
Cohen Daniel $132,500 T A Title Insurance Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mills Thomas S $155,767
Previous Owner Lansdowne 100 Llc $414,400
Previous Owner Cohen Daniel $106,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2012 06/01/12 Sold $207,690 -15.2% $62 / Sq Ft
12/19/2011 12/19/11 Pending -- -- --
03/14/2011 03/14/11 For Sale $244,900 -- $73 / 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 $9,898 $240,410 $66,210 $174,200
2024 $9,898 $240,410 $66,210 $174,200
2023 $9,437 $240,410 $66,210 $174,200
2022 $9,252 $240,410 $66,210 $174,200
2021 $13,893 $240,410 $66,210 $174,200
2020 $8,091 $123,370 $33,740 $89,630
2019 $7,955 $123,370 $33,740 $89,630
2018 $7,819 $123,370 $0 $0
2017 $7,646 $123,370 $0 $0
2016 $677 $123,370 $0 $0
2015 $677 $123,370 $0 $0
2014 $677 $123,370 $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

    14 Total Sales

    Clinton McCartney
    Section Image
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Map

Source: Bright MLS

MLS Number: 1004319992

Bright MLS

APN: 23-00-02827-00

Pennsylvania Delaware County Lansdowne 19050

47 Runnemede Ave, Lansdowne, PA

This home is located at 47 Runnemede Ave, Lansdowne, PA 19050 since 14 March 2011 and is currently estimated at $397,869, approximately $118 per square foot. This property was built in 1900. 47 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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