505 E Lancaster Ave, Wayne, PA 19087 Property Records

Delaware County property record for 505 E Lancaster Ave, Wayne, PA 19087 · Last verified June 2026

Property Highlights

Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Year BuiltBuilt 2010
Square Footage130,896 sqft Living Area
Lot Size3.97 acres
Last Sale$6,674,658 (2004)
Tax Bill$172,169.00 (2026)

Property Details

APN / Parcel Number

Primary APN36-14-148:000
Alternative APN
  • 36-02-01222-00

Interior

Units176 Units
Building Area130,896 sqft Living Area
Basement Area13,808 sqft Basement

Exterior

Year BuiltBuilt 1967
Effective Year BuiltEffective 2010
Exterior MaterialCombination Exterior
Lot Area173,195 sqft

Utilities and HVAC

Cooling SystemCentral Cooling
SewageMunicipal Sewage
Water SourceCommercial Water Source

Location & Zoning

Account Number3614148000
Street Address505 E LANCASTER AVE
CityWAYNE
StatePA
Zip19087-5136
Property UsageResidential Property Usage
TypeResidential > Multi-Unit > Apartments (5+ Units)
Legal DescriptionAPTS DR OFFICE 88 UNITS 3.976 ACRES
Legal SubdivisionWESSEX HOUSE
JurisdictionDELAWARE PA
Minor Civil DivisionRADNOR
Census Blockgroup4
Census Block4015
Census Tract409804

Owner

Source: Delaware County records · APN 36-14-148:000

Assessment roll updated May 28, 2026 · Last verified June 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on File
Mailing Address40 CLEMENTON RD E, 1, GIBBSBORO, NJ 08026-1104
Owner TypeOwner is a Company

Deeds, Mortgages & Sale History

DateDocument
Mar 05, 2026Deed of Trust, Mortgage · Commercial Mortgage
MF1 CAPITAL LLC
Feb 16, 2021Deed, Transfer · Line of Credit
COLUMBIA BANK

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleJan 02, 2004 · Amount on Record
Deed SaleJan 02, 2004 · Amount on Record
Deed Doc Number2004308
Deed Book / Page3052 / 2359
Record RefreshedSep 20, 2026

March 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionDELAWARE PA
Property Address505 E LANCASTER AVE, WAYNE, PA 19087-5136
Transaction TypeMortgage
Record UpdatedMar 16, 2026
Title CompanyFIVE STAR ABSTRACT, FIVE STAR ABSTRACT LLC

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0071150576
DateMar 05, 2026
Book Page7115/576
Instrument2026008190
Lender
NameMF1 CAPITAL LLC
TypeNon-Lending Institution
AddressBOSTON, MA 02108
Agreement
TypeCommercial Mortgage

February 2021: Deed, Transfer

Document TypeDeed
JurisdictionDELAWARE PA
Recording DateFeb 16, 2021
Property Address505 E LANCASTER AVE, WAYNE, PA 19087-5136
Document Number0066474213
Book / Page6647 / 4213
Instrument DateDec 29, 2020
Instrument2021011288
Transaction TypeTransfer
Record UpdatedApr 15, 2024
Title CompanySURETY ABSTRACT SERVICES LLC

Transaction

AmountAmount Recorded
Tax$0.00
Amount AccuracyFrom Affidavit or Verified
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name
Address421 MORRIS RD, WAYNE, PA 19087-3069

Transferred To (Grantee/Buyer)

NameVerified Name
Address40 CLEMENTON RD E # 1, 1, GIBBSBORO, NJ 08026-1104

Mortgage

Document Number0066474220
DateFeb 16, 2021
Book Page6647/4220
Instrument2021011289
Lender
NameCOLUMBIA BANK
TypeBank
AddressVOORHEES, NJ 08043
Agreement
TypeLine of Credit
AmountAmount Recorded

Tax Assessment & Valuation

Source: Delaware County records · Assessment roll updated May 28, 2026 · Last verified June 2026

Property Jurisdictions

TypeName
StatePennsylvania
CountyDelaware County
County SubdivisionRadnor Township
Unified School DistrictRadnor Township School District (KG - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

YearTax BillAssessed ValueAssessed Market Value
2026$172,169.00 (+9.58%)$7,771,230 (-) Land $1,416,450 Building $6,354,780$7,771,230 (-) Land $1,416,450 Building $6,354,780
2025$7,771,230 (-) Land $1,416,450 Building $6,354,780$7,771,230 (-) Land $1,416,450 Building $6,354,780
2024$157,121.00 (+3.04%)$7,771,230 (-) Land $1,416,450 Building $6,354,780
2023$152,491.00$7,771,230 Land $1,416,450 Building $6,354,780
2021$7,771,230 (-)
2020$7,771,230

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Delaware County (42045C), updated September 30, 2023 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Flood HazardMinimal
500-Year FloodplainNo
Special Flood Hazard AreaNo

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

Values are read at the parcel center point; lenders make the official flood determination.

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