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500 Lancaster Ave

Wayne, PA 19087

1 bd 1 ba 675 sqft Built 1951 condos
Most recent sale
$212,500
Aug 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 22, 2024 Sold $265,000 BrightMLS
Apr 25, 2024 Listed $259,000 BrightMLS
Feb 24, 2024 Listing removed BrightMLS
Feb 6, 2024 Relisted $249,000 BrightMLS
Feb 4, 2024 Listing removed BrightMLS
Feb 1, 2024 Listed $249,000 BrightMLS
Dec 16, 2022 Listing removed BrightMLS
Dec 8, 2022 Listing removed $1,750 BrightMLS
Nov 23, 2022 Listed for rent $1,700 BrightMLS
Nov 15, 2022 Listing removed BrightMLS
Nov 9, 2022 Price changed (rent) $1,700 BrightMLS
Oct 23, 2022 Listed for rent $1,750 BrightMLS
Aug 10, 2022 Sold $212,500 MLS #PADE2026990
Jun 3, 2022 Listed $209,000 MLS #PADE2026990
May 6, 2020 Sold $180,000 Public Record
Mar 10, 2020 Listing removed BrightMLS
Jan 27, 2020 Listed $194,900 MLS #PADE507914
Jul 18, 2015 Sold $175,000 MLS #6586230
Jun 3, 2015 Listed $175,000 MLS #6586230
Jul 16, 1991 Sold $77,000 Public Record
Oct 6, 1988 Sold $76,000 Public Record
Feb 2, 1987 Sold $72,500 Public Record
Apr 1, 1984 Sold $65,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $152,450 $30,380 $182,830 $10,312
2025 $152,450 $30,380 $182,830 $3,837
2024 $152,450 $30,380 $182,830 $3,696
2023 $152,450 $30,380 $182,830 $3,549
2022 $152,450 $30,380 $182,830 $3,511
2021 $152,450 $30,380 $182,830 $5,640
2020 $51,400 $16,200 $67,600 $2,352
2019 $51,400 $16,200 $67,600 $2,285
2018 $67,600 $2,240
2017 $67,600 $2,194
2016 $67,600 $2,139
2015 $67,600 $2,100
2014 $67,600 $2,100
2013 $67,600 $2,097
2012 $67,600 $2,080
2011 $67,600 $2,026
2010 $67,600 $1,987
2009 $67,600 $1,900
2008 $67,600 $1,848

Property facts

Year built
1951
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
675 sqft
Lot size
ZIP code
19087
City
Wayne
Street
Lancaster Ave
Coordinates
40.04099, -75.37184

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
$1,013
Gross rental yield
5.72%
Implied cap rate
3.72%
Trend-extrapolated value

Frequently asked questions

When did 500 Lancaster Ave last sell?
500 Lancaster Ave most recently sold on Aug 10, 2022 for $212,500.
What is the current tax assessment for 500 Lancaster Ave?
The most recent total assessment for 500 Lancaster Ave (year 2026) is $182,830 with $10,312 in property tax.
How does 500 Lancaster Ave's assessment compare to its last sale price?
The current assessment is 14.0% below the last sale price of $212,500.
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 1 bed, 1 bath, 675 sqft condos.
Is 500 Lancaster Ave a flip candidate?
Yes — 500 Lancaster Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
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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