NOT LISTED FOR SALE

1400 Melrose Terrace Folsom, PA 19033

Estimated Value: $336,000 - $393,000

3 Beds
1.5 Baths
1,346 Sq Ft
$273/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $300,000 $223 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,450/month

Highlights

  • Colonial Architecture
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Oversized Parking
  • 4-minute walk to Triangle Park

About This Home

As of August 2021

Look no further, a beautiful Folsom single is just waiting for you to move in! Many recent upgrades including new floors, fresh paint and many more! The first floor includes a cozy living room, formal dining room and large eat in kitchen (with a powder room). On the second floor, you will find 3 ample sized bedrooms and a full bathroom. Do you want extra room for storage, crafts, cars or a workshop? Than this is the home you've been waiting for. The options are endless for the detached 1.5 car garage! This one will not last - Make your appointment today! Showings will begin Friday, 5/11 at 3pm.

Last Agent to Sell the Property

Christina Lanni

(610) 506-9124 clanni@remax.net BEX Home Services Listed on: 06/11/2021

BEX Home Services

Last Buyer's Agent

John Port

(215) 852-8689 johnport4@me.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,778

Year Built

  • Built in 1945

Lot Details

  • 5,968 Sq Ft Lot
  • Lot Dimensions are 50.00 x 130.89
  • Property is zoned B RESIDENTIAL

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Masonry

Interior Spaces

  • 1,346 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Schools

  • Edgewood Elementary School
  • Ridley Middle School
  • Ridley High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Folsom Subdivision

Listing and Financial Details

  • Tax Lot 355-000
  • Assessor Parcel Number 38-03-01298-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,778

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Freezer and refrigerator in detached garage. Baby gates-holes to be repaired & painted prior to settlement.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-06-11
  • Year Built: 1945
  • Remarks Public: Look no further, a beautiful Folsom single is just waiting for you to move in! Many recent upgrades including new floors, fresh paint and many more! The first floor includes a cozy living room, formal dining room and large eat in kitchen (with a powder room). On the second floor, you will find 3 ample sized bedrooms and a full bathroom. Do you want extra room for storage, crafts, cars or a workshop? Than this is the home you've been waiting for. The options are endless for the detached 1.5 car garage! This one will not last - Make your appointment today! Showings will begin Friday, 5/11 at 3pm.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1346
  • Living Area Sq Ft: 1346
  • Price Per Sq Ft: 219.17
  • Above Grade Finished Sq Ft: 1346
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1400

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Oversized
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: RIDLEY
  • Elementary School: EDGEWOOD
  • Middle School: RIDLEY
  • High School: RIDLEY
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397359
  • School District Source: Listing Agent
  • Elementary School: EDGEWOOD
  • High School: RIDLEY
  • Middle Or Junior School: RIDLEY

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 119900.00
  • Land Assessed Value: 56260.00
  • Land Use Code: R-10
  • Lot Size Acres: 0.14
  • Lot Dimensions: 50.00 x 130.89
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5968.00
  • Year Assessed: 2021
  • Zoning: B RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 546057
  • School Tax: 4288.00
  • Tax Annual Amount: 5778.00
  • Assessor Parcel Number: 38-03-01298-00
  • Tax Lot: 355-000
  • Tax Total Finished Sq Ft: 1346
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/06/2021

MLS Schools

  • School District Name: RIDLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Jul 29, 2021
Sold by
Patterson Anthony and Patterson Melissa
Bought by
Wright Collin J and Hatala Morgan N
Seller's Agent
Christina Lanni
BEX Home Services
Buyer's Agent
John Port
Long & Foster Real Estate, Inc.
List Price
$295,000
Sold Price
$300,000
Premium/Discount to List
$5,000
1.69%
Current Estimated Value
$367,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,190
Avg. Annual Appreciation
4.26%
Original Mortgage
$291,000
Outstanding Balance
$267,086
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$89,388

Purchase Details

Listed on
Jun 29, 2016
Closed on
Dec 12, 2016
Sold by
Warfield Jason
Bought by
Patterson Anthony and Patterson Melissa
Seller's Agent
Mike Mulholland
Long & Foster Real Estate, Inc.
Buyer's Agent
Christina Lanni
BEX Home Services
List Price
$202,000
Sold Price
$202,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%
Original Mortgage
$198,341
Interest Rate
3.94%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 6, 2012
Closed on
Jul 30, 2012
Sold by
Jenkins Robert E
Bought by
Warfield Jason
Seller's Agent
Patti Rodgers Morrisette
Long & Foster Real Estate, Inc.
Buyer's Agent
JAMES TRAINOR
BHHS Fox & Roach-Media
List Price
$189,900
Sold Price
$176,500
Premium/Discount to List
-$13,400
-7.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.14%
Original Mortgage
$161,629
Interest Rate
3.7%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 2011
Sold by
Jenkins Thomas L and Jenkins Faith E
Bought by
Jenkins Thomas L
Source: Public Records

Range of Values:

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Average Value
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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
Wright Collin J $300,000 Sage Premier Settlements
Patterson Anthony $202,000 None Available
Warfield Jason $176,500 Stewart Title Guaranty Co
Jenkins Thomas L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Collin J $291,000
Previous Owner Patterson Anthony $198,341
Previous Owner Warfield Jason $161,629
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $300,000 +1.7% $223 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $295,000 +46.0% $219 / Sq Ft
12/12/2016 12/12/16 Sold $202,000 0.0% $150 / Sq Ft
10/29/2016 10/29/16 Pending -- -- --
10/29/2016 10/29/16 For Sale $202,000 0.0% $150 / Sq Ft
10/28/2016 10/28/16 Price Changed $202,000 -0.5% $150 / Sq Ft
10/27/2016 10/27/16 Price Changed $203,000 +1.5% $151 / Sq Ft
10/05/2016 10/05/16 Price Changed $199,999 -4.8% $149 / Sq Ft
09/21/2016 09/21/16 Price Changed $210,000 -2.3% $156 / Sq Ft
08/04/2016 08/04/16 Price Changed $215,000 -2.2% $160 / Sq Ft
07/29/2016 07/29/16 Price Changed $219,899 0.0% $163 / Sq Ft
07/29/2016 07/29/16 For Sale $219,899 0.0% $163 / Sq Ft
07/13/2016 07/13/16 Pending -- -- --
06/29/2016 06/29/16 For Sale $219,999 +24.6% $163 / Sq Ft
07/30/2012 07/30/12 Sold $176,500 -4.5% $131 / Sq Ft
05/31/2012 05/31/12 Pending -- -- --
05/14/2012 05/14/12 Price Changed $184,900 -2.6% $137 / Sq Ft
03/06/2012 03/06/12 For Sale $189,900 -- $141 / Sq Ft
Source: Bright MLS

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 $6,117 $176,160 $56,260 $119,900
2024 $6,117 $176,160 $56,260 $119,900
2023 $5,850 $176,160 $56,260 $119,900
2022 $5,663 $176,160 $56,260 $119,900
2021 $8,766 $176,160 $56,260 $119,900
2020 $5,865 $103,830 $33,770 $70,060
2019 $5,758 $103,830 $33,770 $70,060
2018 $5,686 $103,830 $0 $0
2017 $5,686 $103,830 $0 $0
2016 $570 $103,830 $0 $0
2015 $570 $103,830 $0 $0
2014 $570 $103,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE547970

Bright MLS

APN: 38-03-01298-00