Seller's Agent in 2023
Melanie Fritz
Compass RE
(610) 563-4071
1 in this area
42 Total Sales
1417 S Morton Ave Folsom, PA 19033
Estimated Value: $518,000 - $589,514
--
Bed
4
Baths
2,996
Sq Ft
$180/Sq Ft
Est. Value
Highlights
- Second Kitchen
- Traditional Architecture
- Recessed Lighting
- 0.48 Acre Lot
- Wood Flooring
- Kitchen Island
About This Home
As of September 2023Looking for a great investment property or to quickly build equity as an owner occupant with rental income? Welcome to 1417 S Morton Ave, a well maintained and nicely updated duplex property located in a walkable neighborhood of Ridley Township. Currently tenant occupied and featuring two units, a spacious yard, basement storage and ample parking. This property offers an outstanding investment opportunity or could be a great option to owner occupy one unit and rent the second to quickly build equity. Unit A occupies the first floor and features three bedrooms and one and a half baths. A spacious and nicely updated kitchen with center island offers plenty of room to prepare and enjoy meals. This unit also has access to a three-season room. Unit B occupies the second and third floors of the property. On the second floor find a spacious apartment featuring two bedrooms and a full bathroom. The large eat-in kitchen is full of natural light. On the third floor find a one bedroom suite with a private full bath, spacious living room and modern finishes. Interior features include hardwood flooring, updated kitchens and baths and neutral paint colors. Outside there is a large flat grassy yard, driveway and plenty of parking. Opportunities like this rarely present. Make your appointment today to see the fantastic property! Listing is also on the Residential MLS ID PADE2049358.
Last Agent to Sell the Property
(610) 563-4071 melanie.fritz@compass.com Compass RE Listed on: 06/28/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,241
Year Built
- Built in 1920
Lot Details
- 0.48 Acre Lot
- Lot Dimensions are 117.00 x 203.00
- Property is in very good condition
Home Design
- Duplex
- Traditional Architecture
- Block Foundation
- Asbestos
Interior Spaces
- 2,996 Sq Ft Home
- Ceiling Fan
- Recessed Lighting
Kitchen
- Kitchenette
- Second Kitchen
- Eat-In Kitchen
- Kitchen Island
Flooring
- Wood
- Carpet
Parking
- 6 Open Parking Spaces
- 12 Parking Spaces
- 6 Driveway Spaces
- Gravel Driveway
- Parking Lot
Utilities
- Central Air
- Window Unit Cooling System
- Hot Water Heating System
- Electric Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tax Lot 041-000
- Assessor Parcel Number 38-03-01695-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 28, 2023
Closed on
Aug 25, 2023
Sold by
Jodamian Properties Llc
Bought by
Caudillo Jesus Martinez
Seller's Agent
Melanie Fritz
Compass RE
Buyer's Agent
Scott Deputy
EXP Realty, LLC
List Price
$485,000
Sold Price
$467,500
Premium/Discount to List
-$17,500
-3.61%
Views
150
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,388
Avg. Annual Appreciation
6.79%
Original Mortgage
$397,375
Outstanding Balance
$388,320
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$151,559
Purchase Details
Closed on
Aug 19, 2020
Sold by
Gallo Elaine M and Gallo Thomas
Bought by
Jodamian Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 23, 2017
Sold by
Farago Elaine M and Sandor Laszlo Farago Living Tr
Bought by
Gallo Elaine M and Gallo Thomas
Purchase Details
Closed on
May 23, 2009
Sold by
Farago Sandor L
Bought by
Farago Sandor Laszlo and Farago Elaine M
Purchase Details
Closed on
Oct 13, 1994
Sold by
Farago Sandor L and Farago Jessie L
Bought by
Farago Sandor L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Caudillo Jesus Martinez | $467,500 | Global Title | |
| Jodamian Properties Llc | $175,000 | Settlement Engine Inc | |
| Gallo Elaine M | -- | None Available | |
| Farago Sandor Laszlo | -- | None Available | |
| Farago Sandor L | $74,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Caudillo Jesus Martinez | $397,375 | |
| Previous Owner | Jodamian Properties Llc | $131,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/01/2023 09/01/23 | Sold | $467,500 | 0.0% | $156 / Sq Ft |
| 07/12/2023 07/12/23 | Off Market | $467,500 | -- | -- |
| 07/11/2023 07/11/23 | Pending | -- | -- | -- |
| 06/28/2023 06/28/23 | For Sale | $485,000 | -- | $162 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $11,446 | $329,660 | $91,100 | $238,560 |
| 2024 | $11,446 | $329,660 | $91,100 | $238,560 |
| 2023 | $9,548 | $287,490 | $91,100 | $196,390 |
| 2022 | $9,183 | $285,670 | $91,100 | $194,570 |
| 2021 | $14,216 | $285,670 | $91,100 | $194,570 |
| 2020 | $6,947 | $122,980 | $54,610 | $68,370 |
| 2019 | $6,820 | $122,980 | $54,610 | $68,370 |
| 2018 | $6,735 | $122,980 | $0 | $0 |
| 2017 | $6,735 | $122,980 | $0 | $0 |
| 2016 | $675 | $154,150 | $0 | $0 |
| 2015 | $863 | $154,150 | $0 | $0 |
| 2014 | $863 | $154,150 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Melanie Fritz
-
Scott Deputy
Buyer's Agent in 2023
Scott Deputy
EXP Realty, LLC
(302) 750-6388
2 in this area
60 Total Sales
Map
Source: Bright MLS
MLS Number: PADE2049350
APN: 38-03-01695-00
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