NOT LISTED FOR SALE

331 7th Ave Folsom, PA 19033

Estimated Value: $310,000 - $379,000

4 Beds
2 Baths
1,390 Sq Ft
$250/Sq Ft Est. Value

Last Sold March 27, 2024

Last sale price $300,000 $216 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,351/month

95 Days on Market

Highlights

  • Solar Power System
  • 1 Fireplace
  • Hot Water Heating System
  • Rambler Architecture
  • No HOA
  • Asbestos

About This Home

As of March 2024

Single story rancher with a classic 4 bedroom 2 bathroom floorplan on the first floor. The home also features a finished basement that can be used as separate living quarters or have the ultimate man cave. The basement has 1 bedroom and 1 bath with it's own full kitchen, pool table and a private entrance . Roomy back deck overlooking a large leafy back yard. Installed solar system will keep your electric bill the envy of the neighborhood. Walk to both the Elementary and High Schools just blocks away. Home needs some carpet and paint to make it great! Home is being sold as-is and will not be cleaned out any further. Pool table and furniture included. Buyer responsible for Use and Occupancy requirements.

Last Agent to Sell the Property

James Gallagher

(610) 707-1500 jay@jaygallagher.com Penn One Realty License #RS327085 Listed on: 11/03/2023

Last Buyer's Agent

Samantha Sammons

(267) 934-3223 ssammons@kw.com Keller Williams Real Estate-Langhorne License #2298540

Keller Williams Real Estate-Langhorne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,354

Year Built

  • Built in 1955

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 50.00 x 204.00
  • Property is zoned R-10 SINGLE FAMILY

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Block Foundation
  • Asbestos

Interior Spaces

  • 1,390 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Eco-Friendly Details

  • Solar Power System

Schools

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

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 323-000
  • Assessor Parcel Number 38-03-02209-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,354

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2023-11-03
  • Year Built: 1955
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 1390
  • Living Area Sq Ft: 1390
  • Price Per Sq Ft: 215.76
  • Above Grade Finished Sq Ft: 1390
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric, Solar Photovoltaic
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • 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

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: EDGEWOOD
  • High School: RIDLEY
  • Middle Or Junior School: RIDLEY

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 50.00 x 204.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10019.00
  • Zoning: R-10 SINGLE FAMILY

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 4799.00
  • Tax Annual Amount: 6354.00
  • Assessor Parcel Number: 38-03-02209-00
  • Tax Lot: 323-000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: RIDLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2023
Closed on
Mar 27, 2024
Sold by
Simms Thomas H and Simms David Robert
Bought by
Sparr Glen and Gomez Uber Daniel
Seller's Agent
James Gallagher
Penn One Realty
Buyer's Agent
Samantha Sammons
Keller Williams Real Estate-Langhorne
List Price
$299,900
Sold Price
$300,000
Premium/Discount to List
$100
0.03%
Views
500
Current Estimated Value
$347,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,354
Avg. Annual Appreciation
9.66%
Original Mortgage
$285,000
Outstanding Balance
$280,652
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$66,702

Purchase Details

Closed on
Sep 12, 2011
Sold by
Simms Karen L
Bought by
Simms Thomas H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,267
Interest Rate
4.38%
Mortgage Type
VA

Purchase Details

Closed on
Jul 29, 2008
Sold by
Crick Barbara and Estate Of Ronald H Paige
Bought by
Simms Thomas H and Simms Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,019
Interest Rate
6.49%
Mortgage Type
VA

Purchase Details

Closed on
Apr 19, 2004
Sold by
Paige Ronald H
Bought by
Paige Ronald H and Crick Barbara
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
Sparr Glen $300,000 None Listed On Document
Simms Thomas H -- Netco Title
Simms Thomas H $243,000 None Available
Paige Ronald H $59,943 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sparr Glen $285,000
Previous Owner Simms Thomas H $252,267
Previous Owner Simms Thomas H $251,019
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2024 03/27/24 Sold $300,000 0.0% $216 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
01/30/2024 01/30/24 Price Changed $299,900 0.0% $216 / Sq Ft
01/30/2024 01/30/24 For Sale $299,900 0.0% $216 / Sq Ft
11/09/2023 11/09/23 Off Market $300,000 -- --
11/03/2023 11/03/23 For Sale $389,900 -- $281 / 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 $6,382 $183,810 $65,590 $118,220
2024 $6,382 $183,810 $65,590 $118,220
2023 $6,105 $183,810 $65,590 $118,220
2022 $5,909 $183,810 $65,590 $118,220
2021 $9,147 $183,810 $65,590 $118,220
2020 $5,889 $104,250 $39,350 $64,900
2019 $5,781 $104,250 $39,350 $64,900
2018 $5,709 $104,250 $0 $0
2017 $5,709 $104,250 $0 $0
2016 $572 $104,250 $0 $0
2015 $584 $104,250 $0 $0
2014 $572 $104,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2055726

Bright MLS

APN: 38-03-02209-00