NOT LISTED FOR SALE

317 Madison Ave Prospect Park, PA 19076

Estimated Value: $286,000 - $332,697

-- Bed
1 Bath
1,372 Sq Ft
$229/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $300,000 $219 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,109/month

17 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • Breakfast Area or Nook
  • Deck
  • Corner Lot
  • 1 Car Detached Garage

About This Home

As of April 2023

Very Nicely Updated Duplex With Detached Garage In One Of The Nicest Locations In Delaware County/Close To I-95, The Philadelphia International Airport, And Most Public Transportation/This Property Is Nestled In Lovely Prospect Park Borough Next To Witmer Memorial Field & Playground/Apartment A - $1,500 Per Month Is A One Bedroom First Floor Unit With A Large Living Room, Large Eat In Kitchen, Updated Full Bath, Full Basement With Laundry Area, Outside Exit, And A Large Deck And Backyard (One Year Lease Begins On April 7, 2023)/Apartment B - $1,200 Per Month Is A Two Story One Bedroom Unit With A Spacious Updated Kitchen With A Stackable Washer & Dryer On The First Floor, And A Large Living Room, Full Bath, And Bedroom On The Second Floor (One Year Lease Ends March 1, 2024)/The Detached Garage Also Rents Separately For $350 Per Month/Total Rental Income Is $3,050 Per Month/Separate Heat & Electric Paid By Tenants/Owner Pays For Water Use/Sewer & Trash Are Included In The Taxes/This Is A Very Nice Opportunity For The Experienced Or Beginner Investor/Leases Available Upon Request/Don't Miss Out On This One!

Last Agent to Sell the Property

Lou Muscella

Realty One Group Restore - Collegeville Listed on: 03/12/2023

Realty One Group Restore - Collegeville

Co-Listed By

Deborah Hagan

Realty One Group Restore - Collegeville License #RS355140

Last Buyer's Agent

Max Prezio

CG Realty, LLC License #RS361142

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,796

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00 x 125.00
  • Corner Lot
  • Back Yard
  • Property is in very good condition

Parking

  • 1 Car Detached Garage
  • 1 Driveway Space
  • Parking Storage or Cabinetry

Home Design

  • Duplex
  • Cape Cod Architecture
  • Stone Foundation
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,372 Sq Ft Home
  • Ceiling Fan
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Deck

Schools

  • Prospect Park Elementary And Middle School
  • Interboro High School

Utilities

  • Hot Water Baseboard Heater
  • Above Ground Utilities
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water, sewer, real estate taxes, trash collection, snow removal, pest control, lawn/shrub care, insurance, advertising/licenses and permits
  • Tax Lot 711-000
  • Assessor Parcel Number 33-00-01205-00

Community Details

Overview

  • 2 Units
  • 2-Story Building
  • Prospect Park Subdivision

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,848
  • Maintenance Expense $250
  • Other Expense $600
  • Operating Expense $8,131
  • Gross Income $36,600
  • Net Operating Income $28,469

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,796

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Belongings
  • Historic: No
  • Inclusions: Refrigerators, Washers & Dryers
  • New Construction: No
  • Other Expense: 600.00
  • Year Built: 1940
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Remarks Public: Very Nicely Updated Duplex With Detached Garage In One Of The Nicest Locations In Delaware County/Close To I-95, The Philadelphia International Airport, And Most Public Transportation/This Property Is Nestled In Lovely Prospect Park Borough Next To Witmer Memorial Field & Playground/Apartment A - $1,500 Per Month Is A One Bedroom First Floor Unit With A Large Living Room, Large Eat In Kitchen, Updated Full Bath, Full Basement With Laundry Area, Outside Exit, And A Large Deck And Backyard (One Year Lease Begins On April 7, 2023)/Apartment B - $1,200 Per Month Is A Two Story One Bedroom Unit With A Spacious Updated Kitchen With A Stackable Washer & Dryer On The First Floor, And A Large Living Room, Full Bath, And Bedroom On The Second Floor (One Year Lease Ends March 1, 2024)/The Detached Garage Also Rents Separately For $350 Per Month/Total Rental Income Is $3,050 Per Month/Separate Heat & Electric Paid By Tenants/Owner Pays For Water Use/Sewer & Trash Are Included In The Taxes/This Is A Very Nice Opportunity For The Experienced Or Beginner Investor/Leases Available Upon Request/Don't Miss Out On This One!
  • Special Features: None

Interior Features

  • Appliances: Washer, Dryer, Dishwasher, Oven/Range - Electric, Refrigerator
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Bathroom - Tub Shower, Entry Level Bedroom, Kitchen - Eat-In, Kitchen - Table Space
  • Fireplace: No
  • Foundation Details: Stone
  • Room Count: 6
  • Basement: Yes
  • Basement Type: Full, Interior Access, Outside Entrance, Unfinished
  • Total Sq Ft: 1372
  • Living Area Sq Ft: 1372
  • Price Per Sq Ft: 225.87
  • Above Grade Finished Sq Ft: 1372
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 317

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Exterior Features: Sidewalks
  • Roof: Pitched, Shingle
  • Spa: No
  • 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: Paved Parking
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Detached Garage
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: No
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Pest Control Expense: 477.00
  • Sewer/Septic System: Public Sewer
  • Utilities: Above Ground, Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: INTERBORO
  • Elementary School: PROSPECT PARK SCHOOL
  • Middle School: PROSPECT PARK SCHOOL
  • High School: INTERBORO
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397355
  • School District Source: Listing Agent
  • Elementary School: PROSPECT PARK SCHOOL
  • High School: INTERBORO
  • Middle Or Junior School: PROSPECT PARK SCHOOL

Lot Info

  • Land Use Code: R-10
  • Lot Features: Corner, Rear Yard
  • Lot Size Acres: 0.12
  • Lot Dimensions: 40.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.20
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: R-10

Rental Info

  • Existing Lease Type: Yearly, Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 1
  • Owner Pays: Water, Sewer, Taxes - Real Estate, Trash Collection, Snow Removal, Pest Control, Lawn/Shrub Care, Insurance, Advertising/Licenses And Permits
  • Rent Control: No
  • Total Actual Rent: 36600.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 3554.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 4796.00
  • Assessor Parcel Number: 33-00-01205-00
  • Tax Lot: 711-000
  • Tax Total Finished Sq Ft: 1372
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/28/2023

Multi Family

  • Gross Income: 36600.00
  • Gross Scheduled Income: 36600.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 8131.00
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: INTERBORO

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2023
Closed on
Apr 26, 2023
Sold by
Duffy Robert J
Bought by
Vile Paul
Seller's Agent
Lou Muscella
Realty One Group Restore - Collegeville
Buyer's Agent
Max Prezio
CG Realty, LLC
List Price
$309,900
Sold Price
$300,000
Premium/Discount to List
-$9,900
-3.19%
Views
285
Current Estimated Value
$313,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,674
Avg. Annual Appreciation
1.91%
Original Mortgage
$225,000
Outstanding Balance
$218,778
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$94,896

Purchase Details

Listed on
Nov 6, 2020
Closed on
Feb 12, 2021
Sold by
Lender Jennifer L
Bought by
Duffy Robert J and Lion Kristen Jo
Seller's Agent
Marie Simone
BHHS Fox&Roach-Newtown Square
Buyer's Agent
Lou Muscella
Realty One Group Restore - Collegeville
List Price
$159,900
Sold Price
$146,400
Premium/Discount to List
-$13,500
-8.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.76%
Original Mortgage
$109,525
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 1999
Sold by
Cleaver Joan M
Bought by
Lender Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,857
Interest Rate
7.6%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Vile Paul $300,000 Ts Executive Abstract
Duffy Robert J $146,400 Germantown Title Company
Lender Jennifer L $79,900 T A Title Insurance Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vile Paul $225,000
Previous Owner Duffy Robert J $109,525
Previous Owner Lender Jennifer L $79,857
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $300,000 -3.2% $219 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
03/12/2023 03/12/23 For Sale $309,900 +111.7% $226 / Sq Ft
02/19/2021 02/19/21 Sold $146,400 -8.4% $107 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
12/29/2020 12/29/20 For Sale $159,900 0.0% $117 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $159,900 -- $117 / 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 $4,957 $145,020 $47,030 $97,990
2024 $4,957 $145,020 $47,030 $97,990
2023 $4,880 $145,020 $47,030 $97,990
2022 $4,797 $145,020 $47,030 $97,990
2021 $6,916 $145,020 $47,030 $97,990
2020 $4,756 $91,010 $30,180 $60,830
2019 $4,749 $91,010 $30,180 $60,830
2018 $4,665 $91,010 $0 $0
2017 $4,563 $91,010 $0 $0
2016 $499 $91,010 $0 $0
2015 $499 $91,010 $0 $0
2014 $499 $91,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2042660

Bright MLS

APN: 33-00-01205-00