500 Lancaster Ave
Wayne, PA 19087
2 bd 1 ba 850 sqft Built 1951 condos
Most recent sale
$265,000
May 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 23, 2022 | Sold | $265,000 | MLS #PADE2021058 |
| Mar 17, 2022 | Listed | $265,000 | MLS #PADE2021058 |
| Nov 27, 2018 | Sold | $235,000 | MLS #1009973018 |
| Oct 30, 2018 | Listing removed | $1,650 | BrightMLS |
| Oct 24, 2018 | Listed for rent | $1,650 | BrightMLS |
| Oct 21, 2018 | Listed | $237,000 | MLS #1009973018 |
| Jun 1, 1984 | Sold | $75,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $175,190 | $38,250 | $213,440 | $12,039 |
| 2025 | $175,190 | $38,250 | $213,440 | $4,480 |
| 2024 | $175,190 | $38,250 | $213,440 | $4,315 |
| 2023 | $175,190 | $38,250 | $213,440 | $4,144 |
| 2022 | $175,190 | $38,250 | $213,440 | $4,099 |
| 2021 | $175,190 | $38,250 | $213,440 | $6,584 |
| 2020 | $68,070 | $20,400 | $88,470 | $3,077 |
| 2019 | $68,070 | $20,400 | $88,470 | $2,990 |
| 2018 | — | — | $88,470 | $2,932 |
| 2017 | — | — | $88,470 | $2,870 |
| 2016 | — | — | $88,470 | $2,799 |
| 2015 | — | — | $88,470 | $2,748 |
| 2014 | — | — | $88,470 | $2,748 |
| 2013 | — | — | $88,470 | $2,744 |
| 2012 | — | — | $88,470 | $2,721 |
| 2011 | — | — | $88,470 | $2,651 |
| 2010 | — | — | $88,470 | $2,600 |
| 2009 | — | — | $88,470 | $2,486 |
| 2008 | — | — | $88,470 | $2,418 |
Property facts
Year built
1951
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
850 sqft
Lot size
—
ZIP code
19087
City
Wayne
Street
Lancaster Ave
Coordinates
40.04168, -75.37256
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,275
Gross rental yield
5.77%
Implied cap rate
3.75%
Trend-extrapolated value
—
Frequently asked questions
When did 500 Lancaster Ave last sell?
500 Lancaster Ave most recently sold on May 23, 2022 for $265,000.
What is the current tax assessment for 500 Lancaster Ave?
The most recent total assessment for 500 Lancaster Ave (year 2026) is $213,440 with $12,039 in property tax.
How does 500 Lancaster Ave's assessment compare to its last sale price?
The current assessment is 19.5% below the last sale price of $265,000.
When was 500 Lancaster Ave built?
500 Lancaster Ave was built in 1951.
How does 500 Lancaster Ave compare to others on Lancaster Ave?
We track 8 other properties on Lancaster Ave. Browse the list under "Other properties on Lancaster Ave" to compare beds, baths, and sale history.
What are the property facts for 500 Lancaster Ave?
500 Lancaster Ave is a 2 bed, 1 bath, 850 sqft condos.
Is 500 Lancaster Ave a flip candidate?
No — 500 Lancaster Ave does not appear in our flips dataset.
Is 500 Lancaster Ave a tax-appeal candidate?
No — 500 Lancaster Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.0%
Implied 1-yr
+0.1%
2026 Q3
$1.13M
2026 Q4
$1.13M
ZIP 19087 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lancaster Ave