NOT LISTED FOR SALE

223 Ridley Ave Folsom, PA 19033

-- Bed
-- Bath
-- Sq Ft
4,500 Sq Ft Lot

Last Sold December 06, 2012

Last sale price $250,000

133 Days on Market

Highlights

  • No HOA
  • Replacement Windows
  • Wall to Wall Carpet
  • Forced Air Heating and Cooling System

About This Home

As of December 2012

223 Ridley has four 1 bedroom apartments in much sought after area of Folsom, Ridley township. Short steps to the bus stop and set in a quiet residential area. All mechanicals were replaced in 2005 including seperate HVAC with central air, seperate electric services,seperate hot water heaters, vinyl windows and Kitchens and appliances have all been updated as well. Tenants pay gas and electric. All tenants are long term with month to month leases. Very large basement with income producing laundry. Private off street parking. Current net operating income $22,000 annual! Owners will consider joint sale with reduced price in conjunction with 225 Ridley Ave. Listing agent is related to seller.

Last Agent to Sell the Property

Dennis Conn

dconn@thekleincompany.com Century 21 Absolute Realty Listed on: 05/29/2012

Last Buyer's Agent

Julie Franklin

(215) 439-2236 juliefranklin@comcast.net RE/MAX Preferred - Newtown Square License #RS-250671

RE/MAX Preferred - Newtown Square

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 4,500 Sq Ft Lot
  • Lot Dimensions are 45x100
  • Property is in good condition

Parking

  • 4 Open Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • Replacement Windows
  • Wall to Wall Carpet
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Schools

  • Ridley Middle School
  • Ridley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 580-000
  • Assessor Parcel Number 38-03-01950-02

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $300
  • Insurance Expense $1,300
  • Maintenance Expense $500
  • Operating Expense $11,730

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Exclusions: Stored Items In Basement
  • New Construction: No
  • Storage: Basement
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted
  • Window Features: Replacement
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Brick/Mortar
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Hookup

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Expense: 300.00
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1800.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: RIDLEY
  • Middle Or Junior School: RIDLEY

Lot Info

  • Lot Size Acres: 0.10
  • Lot Dimensions: 45X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4500.00
  • Property Condition: Good
  • Zoning: COMM

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 31200.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 546782
  • Tax Annual Amount: 7830.00
  • Assessor Parcel Number: 38-03-01950-02
  • Tax Lot: 580-000
  • Tax Year: 2012

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2012 12/06/12 Sold $250,000 -10.4% --
10/09/2012 10/09/12 Pending -- -- --
05/29/2012 05/29/12 For Sale $279,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003977982

Bright MLS