NOT LISTED FOR SALE

83 W Baltimore Ave Lansdowne, PA 19050

Estimated Value: $361,000 - $433,000

-- Bed
3 Baths
3,158 Sq Ft
$123/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $225,000 $71 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,871/month

121 Days on Market

Highlights

  • 0.21 Acre Lot
  • No HOA
  • Crown Molding
  • Colonial Architecture
  • Eat-In Kitchen
  • Outdoor Storage

About This Home

As of February 2020

Investor alert! Spacious income producing triplex on Baltimore Ave in Lansdowne! Ample parking in back. Each unit has been updated and maintained very well. All units have spacious living rooms and eat-in kitchens. First floor unit can easily be converted to a 2 bedroom space. Each unit, with central air is metered separately. Separate gas and electric. Tenants split water equally. Basement with outside entrance provides each unit with a locked and secure storage closet. Hardwood floors and updated carpet in each unit. Fire escape in back. Coin operated laundry offers a bit of extra income! Garage in back currently used by owner but could also be rented out. RENTS ARE UNDERVALUE.

Last Agent to Sell the Property

Pat Egan

Egan Real Estate License #RM421478 Listed on: 08/20/2019

Co-Listed By

Kelly Egan

Egan Real Estate License #RS349760

Last Buyer's Agent

Pat Egan

Egan Real Estate License #RM421478 Listed on: 08/20/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1902

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 50.00 x 217.80
  • Property is in good condition

Home Design

  • Triplex
  • Colonial Architecture
  • Frame Construction
  • Masonry

Interior Spaces

  • 3,158 Sq Ft Home
  • Crown Molding
  • Carpet
  • Fire Escape
  • Eat-In Kitchen

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Driveway
  • Paved Parking

Outdoor Features

  • Outdoor Storage

Schools

  • Penn Wood Middle School
  • Penn Wood High School

Utilities

  • Central Air
  • Hot Water Heating System
  • Electric Baseboard Heater
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for snow removal, sewer, lawn/shrub care
  • Tax Lot 233-000
  • Assessor Parcel Number 23-00-00306-00

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Gladstone Manor Subdivision

Building Details

  • Income includes apartment rentals
  • Insurance Expense $2,169

Property Details

Home Type

Multi-Family

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1902
  • Remarks Public: Investor alert! Spacious income producing triplex on Baltimore Ave in Lansdowne! Ample parking in back. Each unit has been updated and maintained very well. All units have spacious living rooms and eat-in kitchens. First floor unit can easily be converted to a 2 bedroom space. Each unit, with central air is metered separately. Separate gas and electric. Tenants split water equally. Basement with outside entrance provides each unit with a locked and secure storage closet. Hardwood floors and updated carpet in each unit. Fire escape in back. Coin operated laundry offers a bit of extra income! Garage in back currently used by owner but could also be rented out. RENTS ARE UNDERVALUE.
  • Special Features: None

Interior Features

  • Interior Amenities: Carpet, Crown Moldings, Kitchen - Eat-In, Pantry
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Unfinished
  • Total Sq Ft: 3158
  • Living Area Sq Ft: 3158
  • Price Per Sq Ft: 80.75
  • Above Grade Finished Sq Ft: 3158
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 83

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Frame, Masonry
  • Exterior Features: Fire Escape, Secure Storage
  • 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: 5
  • Parking Features: Paved Driveway, Paved Parking
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Hot Water, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: WILLIAM PENN
  • Middle School: PENN WOOD
  • High School: PENN WOOD
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397351
  • School District Source: Listing Agent
  • High School: PENN WOOD
  • Middle Or Junior School: PENN WOOD

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 92620.00
  • Land Assessed Value: 34510.00
  • Land Use Code: R-30
  • Lot Size Acres: 0.21
  • Lot Dimensions: 50.00 x 217.80
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9148.00
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: RES

Rental Info

  • Existing Lease Type: Yearly, Month To Month
  • Number Of Units Month To Month: 1
  • Owner Pays: Snow Removal, Sewer, Lawn/Shrub Care
  • Rent Control: No
  • Total Actual Rent: 31200.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 491470
  • School Tax: 5848.00
  • Tax Annual Amount: 8198.00
  • Assessor Parcel Number: 23-00-00306-00
  • Tax Lot: 233-000
  • Tax Total Finished Sq Ft: 3158
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 02/21/2020

Multi Family

  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: WILLIAM PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2019
Closed on
Jan 22, 2020
Sold by
Maloney Timothy and Maloney Timothy L
Bought by
Hemphill Mariana
Seller's Agent
Pat Egan
Egan Real Estate
Buyer's Agent
Pat Egan
Egan Real Estate
List Price
$290,000
Sold Price
$225,000
Premium/Discount to List
-$65,000
-22.41%
Current Estimated Value
$381,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,656
Avg. Annual Appreciation
10.35%
Original Mortgage
$180,000
Outstanding Balance
$126,887
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$257,910

Purchase Details

Closed on
May 25, 2001
Sold by
Floyd Maryann and Ginsburg Louis
Bought by
Maloney Timothy and Maloney Denise M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
7.08%

Purchase Details

Closed on
Dec 11, 1995
Sold by
Ginsburg Thomas A
Bought by
Ginsburg Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.43%
Source: Public Records

Range of Values:

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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
Hemphill Mariana $225,000 Brendan Abstract Company Inc
Maloney Timothy $107,600 T A Title Insurance Company
Ginsburg Louis -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hemphill Mariana $180,000
Previous Owner Maloney Timothy $86,000
Previous Owner Ginsburg Louis $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2020 02/21/20 Sold $225,000 -11.8% $71 / Sq Ft
12/19/2019 12/19/19 Pending -- -- --
12/13/2019 12/13/19 Price Changed $255,000 -3.8% $81 / Sq Ft
10/25/2019 10/25/19 Price Changed $265,000 -5.0% $84 / Sq Ft
09/13/2019 09/13/19 Price Changed $279,000 -3.8% $88 / Sq Ft
08/20/2019 08/20/19 For Sale $290,000 -- $92 / 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 $9,158 $222,430 $67,730 $154,700
2023 $8,731 $222,430 $67,730 $154,700
2022 $8,560 $222,430 $67,730 $154,700
2021 $12,854 $222,430 $67,730 $154,700
2020 $8,337 $127,130 $34,510 $92,620
2019 $8,198 $127,130 $34,510 $92,620
2018 $8,057 $127,130 $0 $0
2017 $7,879 $127,130 $0 $0
2016 $698 $127,130 $0 $0
2015 $698 $127,130 $0 $0
2014 $698 $127,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE498722

Bright MLS

APN: 23-00-00306-00