NOT LISTED FOR SALE

Estimated Value: $443,000

2 Beds
-- Bath
970 Sq Ft
$457/Sq Ft Est. Value

About This Home

Welcome to 4408 Lancaster Ave in University City! This beautiful, brand-new building is located along the fast growing corridor of Lancaster Ave and features 9 beautiful residential units. Upon entering each unit, you are welcomed with an abundance of natural light flowing through the windows in the open-concept kitchens and living spaces. The kitchens are equipped with plenty of countertop and cabinet space, modern subway tile backsplashes, stainless steel appliances, and luxury vinyl tile throughout. The generous living areas host large windows, select units have private balconies, and plenty of space for your furniture or home office space. Bedrooms will comfortably fit a queen sized bed and offer plentiful closet space! The stunning bathrooms features white and gray marble tile in the tub/shower combo beautifully accenting the white and gray finishes throughout this space. The building also offers a large communal roofdeck, mail & package area for tenants, bike storage, and keyless entry! Conveniently located to Drexel U and all University City has to offer as well as area highways and transit lines.

Don’t miss the opportunity to be a part of this exceptional community. Schedule a tour today and discover your new haven in University City!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2022
Sold by
Mahari 4432 Real Estate Llc
Bought by
Terra Firma 4408 Lancaster Llc
Current Estimated Value
$443,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,694,250
Interest Rate
5.66%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 27, 2019
Sold by
Minus Leonard M and Minus Doris A
Bought by
Mahari 4432 Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 22, 1990
Bought by
Minus Leonard M

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Terra Firma 4408 Lancaster Llc $275,000 Land Services Usa
Mahari 4432 Real Estate Llc $50,000 The Abstract Company
Minus Leonard M $4,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Terra Firma 4408 Lancaster Llc $1,694,250
Previous Owner Mahari 4432 Real Estate Llc $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Off Market $1,166 -- --
12/04/2024 12/04/24 Price Changed $1,166 -7.0% $2 / Sq Ft
09/06/2024 09/06/24 Price Changed $1,254 +7.5% $3 / Sq Ft
08/27/2024 08/27/24 For Rent $1,166 -- --

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $706 $50,400 $50,400 --
2024 $706 $50,400 $50,400 --
2023 $706 $50,400 $50,400 $0
2022 $199 $50,400 $50,400 $0
2021 $199 $0 $0 $0
2020 $199 $0 $0 $0
2019 $199 $0 $0 $0
2018 $199 $0 $0 $0
2017 $81 $0 $0 $0
2016 $81 $0 $0 $0
2015 $78 $0 $0 $0
2014 -- $5,800 $5,800 $0
2012 -- $3,840 $3,840 $0
Source: Public Records

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