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25 Madison Road

25 Madison Road, Lansdowne, PA 19050
Property in Lansdowne
Sold Apr 24, 2009
$187,000
$183,612 by Gateway Funding Diversified Mt
Mortgage Due May 01, 2039
Sold May 31, 2005
$102,500
$102,500 by Gateway Funding Diversified Mt
Mortgage Due Jun 01, 2035
25 Madison Road in Lansdowne, PA was first built in 1920 and is 104 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 25 Madison Road has 1,535 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 linear feet across the front of the lot is 490 ft and the linear feet between the front and back of the lot is 1,130. In total, the area measurement of the land is 4,879 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. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. As for heating, the home is utilizing a central heating system and being fueled with gas. 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, 25 Madison Road sold most recently in Apr 8, 2009 for a total of $187,000. If you work out the math, that's approximately a cost of $121.82 per sqft. Before that, the property was also sold for $102,500 in May 17, 2005. 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 $3,088 in taxes each year. 25 Madison Road was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $119,150. If we break it down further, the land itself was valued at $35,900. Improvements to the property, however, were assessed at a total of $83,250. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Masonry
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,879
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 490
  • Total Building Area: 1,535
  • Gross Building Area: 1,535
  • Building Area: 1,535
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,535
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.112
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 2 1/2 STY HSE 49 X 113 X IRR

Ownership

  • Current Owner : WALTON DAVID L
  • Current Owner 2: WALTON MARY A
  • Previous Owner : GOMEZ MARIA
  • Owner Before Previous Owner: BAKER BRADFORD
  • Owner Before Previous Owner 2: BAKER SUSAN L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: William Penn School District
  • School Tax School District: WILLIAM PENN SD
  • Census Tract: 402000

Geography

  • Assessors Map Reference: 23-07
  • Account Number: 2307448000
  • District: 23
  • Parcel: 23-00-01912-00
  • Block: 30
  • Municipality: LANSDOWNE BOROUGH
  • Latitude: 39.938
  • Longitude: -75.271

    Address

  • Full Address: 25 Madison Ave
  • Address - House Number: 25
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Lansdowne
  • Carrier Code: C004
  • 4-Digit Zip Code: 2207
  • Zip Code: 19050

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,088
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.2303
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 68
  • Final Value: 253,606
  • High Value: 312,033
  • Low Value: 195,178

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $217,361
  • First Open Lien Mortgage Lender: GATEWAY FUNDING DIVERSIFIED MT
  • First Open Lien Mortgage Recording Date: Apr 24, 2009
  • First Open Lien Mortgage Loan Amount: $183,612
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2039
  • Second Open Lien Mortgage Lender: OCWEN LOAN SERVICING LLC
  • Second Open Lien Mortgage Recording Date: Jan 16, 2014
  • Second Open Lien Mortgage Loan Amount: $33,749
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2043

    Market Valuation

  • Market Total Value: $119,150
  • Market Land Value: $35,900
  • Market Improvement Value: $83,250

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $119,150
  • Assessed Land Value: $35,900
  • Assessed Improvements Value: $83,250

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 08, 2009
  • Current Sale Recording Date: Apr 24, 2009
  • Current Sale Transaction ID: 1145850263
  • Current Sale Price: $187,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2009021262
  • Previous Sale Recording Date: May 31, 2005
  • Previous Sale Contract Date: May 17, 2005
  • Previous Sale Amount: $102,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GATEWAY FUNDING DIVERSIFIED MT
  • First Mortgage Transaction Date: Apr 24, 2009
  • First Mortgage Loan Amount: $183,612
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2039

    Previous Mortgages

  • Previous Mortgage Lender: GATEWAY FUNDING DIVERSIFIED MT
  • Previous Mortgage Transaction Date: May 31, 2005
  • Previous Mortgage Loan Amount: $102,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jun 01, 2035

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Frequently Asked Questions

What neighborhood is 25 Madison Road located in?
The 25 Madison Road is a located in the neighborhood of Lansdowne in Lansdowne, Lansdowne.
What is the average sales price for listings in 25 Madison Road?
The average sales price for units in 25 Madison Road is $0 currently.

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