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500 Lancaster Ave

Wayne, PA 19087

2 bd 1 ba 676 sqft Built 1951 condos
Most recent sale
$240,000
Mar 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 16, 2022 Sold $240,000 MLS #PADE2017672
Feb 11, 2022 Listed $250,000 MLS #PADE2017672
Jun 21, 2001 Sold $109,000 Public Record
Sep 10, 1987 Sold $84,500 Public Record
Apr 1, 1984 Sold $73,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $152,680 $30,420 $183,100 $10,327
2025 $152,680 $30,420 $183,100 $3,843
2024 $152,680 $30,420 $183,100 $3,701
2023 $152,680 $30,420 $183,100 $3,555
2022 $152,680 $30,420 $183,100 $3,516
2021 $152,680 $30,420 $183,100 $5,648
2020 $56,950 $16,220 $73,170 $2,545
2019 $56,950 $16,220 $73,170 $2,474
2018 $73,170 $2,425
2017 $73,170 $2,374
2016 $73,170 $2,316
2015 $73,170 $2,273
2014 $73,170 $2,273
2013 $73,170 $2,270
2012 $73,170 $2,251
2011 $73,170 $2,193
2010 $73,170 $2,150
2009 $73,170 $2,056
2008 $73,170 $2,001

Property facts

Year built
1951
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
676 sqft
Lot size
ZIP code
19087
City
Wayne
Street
Lancaster Ave
Coordinates
40.04167, -75.37256

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,014
Gross rental yield
5.07%
Implied cap rate
3.30%
Trend-extrapolated value

Frequently asked questions

When did 500 Lancaster Ave last sell?
500 Lancaster Ave most recently sold on Mar 16, 2022 for $240,000.
What is the current tax assessment for 500 Lancaster Ave?
The most recent total assessment for 500 Lancaster Ave (year 2026) is $183,100 with $10,327 in property tax.
How does 500 Lancaster Ave's assessment compare to its last sale price?
The current assessment is 23.7% below the last sale price of $240,000.
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, 676 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 valuation
Quarterly trend
+0.0%
Implied 1-yr
+0.1%
2026 Q3
$1.13M
2026 Q4
$1.13M
ZIP 19087 — Median Price History + Forecast

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