NOT LISTED FOR SALE

48 N Richardson Ave Lansdale, PA 19446

Estimated Value: $417,000 - $448,611

-- Bed
2 Baths
2,436 Sq Ft
$178/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $411,000 $169 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,716/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Eat-In Kitchen
  • Ceramic Tile Flooring
  • Oak Park El School Rated A-
  • Shed
  • Forced Air Heating and Cooling System

About This Home

As of August 2023

FINAL SUBMISSION FOR OFFERS is this Tuesday July 25, 2023 5:00 pm. Offers will be reviewed Wednesday morning and a response given by the evening!
I purchased the property in 2001. Some of the renovations included updating one kitchen and both bathrooms. The first floor now has central air conditioning. Both heating sources were converted to natural gas. There is a shed in the rear of the property that brings in additional income. The first floor unit has a deck with access from the alley with off street parking. The front porch facing Richardson Avenue is spacious and is the entrance for the second floor apartment. The second floor apartment also comes with a stacked washer and dryer. The location is very convenient to all that Lansdale has to offer; Farmers Market, Restaurants, Breweries, Bike nights, Festivals and public transportation and much more! Showings will begin next weekend with an Open House on Saturday the 22nd and Sunday the 23rd. Hours on both days will be 12-4 pm.

Last Agent to Sell the Property

Mark Zeller

(484) 645-9883 markzeller7@gmail.com HomeSmart Nexus Realty Group - Blue Bell License #RS302654 Listed on: 07/22/2023

HomeSmart Nexus Realty Group - Blue Bell

Last Buyer's Agent

Jonathan Maresch

(215) 900-3980 jonathan.maresch@compass.com Compass RE

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,031

Year Built

  • Built in 1888

Lot Details

  • 6,440 Sq Ft Lot
  • Lot Dimensions are 40.00 x 0.00
  • Property is in good condition

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof
  • Asphalt Roof
  • Rubber Roof

Interior Spaces

  • 2,436 Sq Ft Home
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Fire Escape
  • Eat-In Kitchen

Flooring

  • Partially Carpeted
  • Laminate
  • Ceramic Tile

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Windows

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Alley Access
  • On-Street Parking
  • Parking Lot

Outdoor Features

  • Shed
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Radiator
  • Hot Water Baseboard Heater
  • 100 Amp Service
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 11-00-13600-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,031

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: 2 Window AC units on second floor and wall unit on third floor. W/D as is condition on second floor
  • New Construction: No
  • Expected On Market: 2023-07-22
  • Year Built: 1888
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Laminate Plank, Partially Carpeted, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Carpet, Combination Kitchen/Dining, Kitchen - Eat-In
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full, Sump Pump, Windows
  • Total Sq Ft: 2436
  • Living Area Sq Ft: 2436
  • Price Per Sq Ft: 155.58
  • Above Grade Finished Sq Ft: 2436
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Exterior Features: Fire Escape, Outbuilding(s), Sidewalks, Street Lights
  • Roof: Asphalt, Rubber, Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: On Street, Parking Lot, Alley
  • Parking Lot Number Of Spaces: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Window Unit(s), Wall Unit
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Baseboard - Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 40.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6440.00
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 3598.00
  • Tax Annual Amount: 5031.00
  • Assessor Parcel Number: 11-00-13600-006
  • Tax Lot: 13
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: NORTH PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2023
Closed on
Aug 23, 2023
Sold by
Mg Properties Lp
Bought by
Maresch Howard and Maresch Elizabeth
Seller's Agent
Mark Zeller
HomeSmart Nexus Realty Group - Blue Bell
Buyer's Agent
Jonathan Maresch
Compass RE
List Price
$379,000
Sold Price
$411,000
Premium/Discount to List
$32,000
8.44%
Views
110
Current Estimated Value
$433,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,153
Avg. Annual Appreciation
2.30%

Purchase Details

Closed on
Nov 21, 2003
Sold by
Zeller Mark G and Zeller Catherine E
Bought by
Mg Prop Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.03%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Maresch Howard $411,000 None Listed On Document
Mg Prop Lp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mg Prop Lp $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2023 08/18/23 Sold $411,000 +8.4% $169 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
07/22/2023 07/22/23 For Sale $379,000 -- $156 / 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 $5,246 $124,700 $43,420 $81,280
2024 $5,246 $124,700 $43,420 $81,280
2023 $4,906 $124,700 $43,420 $81,280
2022 $4,751 $124,700 $43,420 $81,280
2021 $4,557 $124,700 $43,420 $81,280
2020 $4,420 $124,700 $43,420 $81,280
2019 $4,347 $124,700 $43,420 $81,280
2018 $1,166 $124,700 $43,420 $81,280
2017 $4,057 $124,700 $43,420 $81,280
2016 $4,008 $124,700 $43,420 $81,280
2015 $3,720 $124,700 $43,420 $81,280
2014 $3,720 $124,700 $43,420 $81,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2077780

Bright MLS

APN: 11-00-13600-006