NOT LISTED FOR SALE

801 E Baltimore Ave Lansdowne, PA 19050

Estimated Value: $617,124

-- Bed
-- Bath
-- Sq Ft
1945 Built

Last Sold July 09, 2020

Last sale price $339,000

Est. 82% increase in value since last sale

Current estimated payment $4,469/month

32 Days on Market

Highlights

  • Dutch Architecture
  • 4-minute walk to Fernwood-Yeadon
  • Radiator
  • No HOA
  • Central Air

About This Home

As of July 2020

This multi unit with two buildings is also listed in Commercial. Amazing commercial rental property on a busy road. APPROXIMATELY 11-12% CAP RATE! This property includes 2 separate detached structures! The 2 buildings include these units #1 3 bedroom 1.5 bath #2 2 bedroom 1 bath #3 Efficiency #4 2 bedroom 1 bath #5 2 bedroom 1 bath #6 Large commercial storefront currently used as a hair salon #7 Large Garage (Can also be rented as an auto body shop). 5 car driveway parking. All units except garage are currently leased. Please speak with a realtor or broker to find out lease details on each unit. This property is located close to public transportation and is only minutes from the city. Electric and cooking gas separate for each unit. Zoned Commercial 6+ units.

Last Agent to Sell the Property

Arlene Cui

EXP Realty, LLC Listed on: 01/06/2020

EXP Realty, LLC

Co-Listed By

Eric Cui

EXP Realty, LLC

Last Buyer's Agent

Jay Giller

Space & Company

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • Lot Dimensions are 50.00 x 125.00

Home Design

  • Dutch Architecture
  • Vinyl Siding
  • Stucco

Parking

  • 6 Open Parking Spaces
  • Driveway
  • Parking Lot

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Radiator
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 652-000
  • Assessor Parcel Number 17-00-00038-00

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Insurance Expense $3,600
  • Operating Expense $6,000
  • Net Operating Income $41,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Dutch
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1945
  • Remarks Public: This multi unit with two buildings is also listed in Commercial. Amazing commercial rental property on a busy road. APPROXIMATELY 11-12% CAP RATE! This property includes 2 separate detached structures! The 2 buildings include these units #1 3 bedroom 1.5 bath #2 2 bedroom 1 bath #3 Efficiency #4 2 bedroom 1 bath #5 2 bedroom 1 bath #6 Large commercial storefront currently used as a hair salon #7 Large Garage (Can also be rented as an auto body shop). 5 car driveway parking. All units except garage are currently leased. Please speak with a realtor or broker to find out lease details on each unit. This property is located close to public transportation and is only minutes from the city. Electric and cooking gas separate for each unit. Zoned Commercial 6+ units.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 801

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Stucco
  • 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: 6
  • Type Of Parking: Driveway, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: WILLIAM PENN
  • School District Key: 300200397351
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 147600.00
  • Land Assessed Value: 60550.00
  • Lot Dimensions: 50.00 x 125.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2020
  • Zoning: COMMERCIAL

Rental Info

  • Owner Pays: Water
  • Total Actual Rent: 65000.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 464906
  • School Tax: 9804.00
  • Tax Annual Amount: 13709.00
  • Assessor Parcel Number: 17-00-00038-00
  • Tax Lot: 652-000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 07/09/2020

Multi Family

  • Gross Income: 65000.00
  • Operating Expense: 6000.00
  • Single Room Units Count: 1

MLS Schools

  • School District Name: WILLIAM PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2023
Sold by
Kimball Wphilly Llc
Bought by
Deliopoulos Konstantinos and Pampoukidou Despina
Current Estimated Value
$617,124

Purchase Details

Listed on
Jan 6, 2020
Closed on
Jul 6, 2020
Sold by
Ahmed Ziauddin and Amin Mohammed
Bought by
Kimball Wphilly Llc
Seller's Agent
Arlene Cui
EXP Realty, LLC
Buyer's Agent
Jay Giller
Space & Company
List Price
$375,000
Sold Price
$339,000
Premium/Discount to List
-$36,000
-9.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.74%
Original Mortgage
$271,200
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2008
Sold by
The Robert Walter Company Llc
Bought by
Ahmed Ziauddin and Amin Mohammed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.35%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 10, 2003
Sold by
Hudson June L and Lauro Joseph A
Bought by
The Robert Walter Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.71%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 2, 1999
Sold by
Hudson June L
Bought by
Hudson June L and Lauro Joseph A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Deliopoulos Konstantinos $550,000 None Listed On Document
Kimball Wphilly Llc $339,000 Grateful Abstract Llc
Kimball Wphilly Llc $339,000 Grateful Abstract
Ahmed Ziauddin $200,000 None Available
The Robert Walter Co Llc $184,000 Landamerica/Commonwealth Lan
Hudson June L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kimball Wphilly Llc $271,200
Previous Owner Ahmed Ziauddin $150,000
Previous Owner Robert Walter Co Llc $90,000
Previous Owner The Robert Walter Co Llc $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2020 07/09/20 Sold $339,000 -9.6% --
01/06/2020 01/06/20 For Sale $375,000 -- --
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 $13,356 $312,570 $193,810 $118,760
2024 $13,356 $312,570 $193,810 $118,760
2023 $9,986 $312,570 $193,810 $118,760
2022 $12,046 $312,570 $193,810 $118,760
2021 $17,960 $312,570 $193,810 $118,760
2020 $13,709 $208,150 $60,550 $147,600
2019 $13,480 $208,150 $60,550 $147,600
2018 $13,303 $208,150 $0 $0
2017 $12,622 $208,150 $0 $0
2016 $1,166 $208,150 $0 $0
2015 $1,166 $208,150 $0 $0
2014 $1,166 $208,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE506562

Bright MLS

APN: 17-00-00038-00