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1101 East Lancaster Avenue

1101 East Lancaster Avenue, Wayne, PA 19087
Property in East Caln
1101 East Lancaster Avenue in Wayne, PA was first built in 1958 and is 66 years old. This has been categorized as a commercial property type. 1101 East Lancaster Avenue has 7,193 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,664 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 52,272 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. The garage is 1,664 sqft. There are a total of 6 available parking spaces. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1101 East Lancaster Avenue sold most recently in Mar 1, 2019 for a total of $900,000. If you work out the math, that's approximately a cost of $125.12 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $13,200 in taxes each year. 1101 East Lancaster Avenue was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $384,170. If we break it down further, the land itself was valued at $217,950. Improvements to the property, however, were assessed at a total of $166,220. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 0
  • Basement Type: Finished improved basement
  • Basement Area: 1,664
  • Garage Type: Detached
  • Garage Square Area: 1,664
  • Parking Space Count: 6

    Dimensions

  • Lot Size Square Feet: 52,272
  • Total Building Area: 7,193
  • Gross Building Area: 7,193
  • Building Area: 7,193
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 7,193
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Land Acres: 1.2
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: 1.2 AC ANTIQUE SHOP GAR &

Ownership

  • Current Owner : TRIANGLE PROPERTY INVESTORS LLC
  • Previous Owner : BRADLEY PHILIP W
  • Previous Owner 2: THE HAVEFROD TRUST CO
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Downingtown Area School District
  • School Tax School District: DOWNINGTOWN
  • Census Tract: 304000

Zoning

  • Zoning: OC1

Geography

  • Assessors Map Reference: 20-K13
  • District: 40
  • Parcel: 4002 00680000
  • Municipality: E. CALN
  • Latitude: 40.0191
  • Longitude: -75.6773

    Address

  • Full Address: 1101 E Lancaster Ave
  • Address - House Number: 1101
  • Street Direction: E
  • Address - Street Name: Lancaster
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Downingtown
  • Carrier Code: C006
  • 4-Digit Zip Code: 3331
  • Zip Code: 19335

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,200
  • Tax Rate Code Area: 40

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $675,000
  • First Open Lien Mortgage Lender: PENN COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Mar 04, 2019
  • First Open Lien Mortgage Loan Amount: $675,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $404,360
  • Market Land Value: $217,950
  • Market Improvement Value: $186,410

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $384,170
  • Assessed Land Value: $217,950
  • Assessed Improvements Value: $166,220

    Sales

  • Current Sale Contract Date: Mar 01, 2019
  • Current Sale Recording Date: Mar 04, 2019
  • Current Sale Transaction ID: 11582805121
  • Current Sale Price: $900,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 11654207

    Last Sale Mortgage

  • First Mortgage Lender: PENN COMMUNITY BANK
  • First Mortgage Transaction Date: Mar 04, 2019
  • First Mortgage Loan Amount: $675,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Chester



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Frequently Asked Questions

What neighborhood is 1101 East Lancaster Avenue located in?
The 1101 East Lancaster Avenue is a located in the neighborhood of East Caln in Chester, Wayne.
What is the average sales price for listings in 1101 East Lancaster Avenue?
The average sales price for units in 1101 East Lancaster Avenue is $0 currently.

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