NOT LISTED FOR SALE

405 Folsom Ave Folsom, PA 19033

Estimated Value: $377,000 - $406,000

4 Beds
2 Baths
1,586 Sq Ft
$246/Sq Ft Est. Value

Last Sold September 27, 2022

Last sale price $340,000 $214 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,628/month

Highlights

  • Colonial Architecture
  • No HOA
  • Property is in excellent condition
  • Wood Flooring
  • Forced Air Heating and Cooling System

About This Home

As of September 2022

Fantastic opportunity to own a beautiful single home is in the heart of Ridley! An enclosed sunroom greets you as you enter this beautiful home. The sizable open first floor features a picture-perfect living room, modern dining room and renovated granite kitchen featuring plenty of cabinets and abundant counter space in addition to a large pantry. On the first floor you will also find a primary bedroom suite with a newer modern full bath with an oversized stall shower, and first floor laundry! If you don't need a fourth bedroom, this room can be used as large family room for all to enjoy! On the second floor there are three oversized bedrooms featuring: a huge primary bedroom with a fabulous walk-in closet space, two additional sizeable bedrooms and an additional renovated modern full bath. Travel downstairs and you will find a full-sized unfinished dry basement, which could be easily finished off for extra living space or a home office! If you enjoy outdoor living, you can enjoy the backyard space too. Great location, nice sized home in mint condition! This is a truly lovely home!

Last Agent to Sell the Property

Patti Rodgers Morrisette

Long & Foster Real Estate, Inc. License #RS273102 Listed on: 07/07/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Mandeep Bhular

HomeSmart First Advantage Realty License #1973741

HomeSmart First Advantage Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,723

Year Built

  • Built in 1958

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Property is in excellent condition
  • Zoning described as Single Family Dwelling

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Pitched Roof
  • Architectural Shingle Roof
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,586 Sq Ft Home
  • Property has 2 Levels
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Folsom Subdivision

Listing and Financial Details

  • Tax Lot 108-000
  • Assessor Parcel Number 38-03-00544-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,723

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Contemporary
  • Ownership: Fee Simple
  • Exclusions: Basement Freezer
  • Historic: No
  • Home Warranty: No
  • Inclusions: Washer, Dryer, Refrigerator, Window Treatments, window a/c units, shed - all in "as is" condition; IKEA portable wardrobe closets.
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1958
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Remarks Public: Fantastic opportunity to own a beautiful single home is in the heart of Ridley! An enclosed sunroom greets you as you enter this beautiful home. The sizable open first floor features a picture-perfect living room, modern dining room and renovated granite kitchen featuring plenty of cabinets and abundant counter space in addition to a large pantry. On the first floor you will also find a primary bedroom suite with a newer modern full bath with an oversized stall shower, and first floor laundry! If you don't need a fourth bedroom, this room can be used as large family room for all to enjoy! On the second floor there are three oversized bedrooms featuring: a huge primary bedroom with a fabulous walk-in closet space, two additional sizeable bedrooms and an additional renovated modern full bath. Travel downstairs and you will find a full-sized unfinished dry basement, which could be easily finished off for extra living space or a home office! If you enjoy outdoor living, you can enjoy the backyard space too. Great location, nice sized home in mint condition! This is a truly lovely home!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished, Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 1586
  • Living Area Sq Ft: 1586
  • Price Per Sq Ft: 223.83
  • Above Grade Finished Sq Ft: 1586
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 405

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Roof: Architectural Shingle, Pitched
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Fiber Optic

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: 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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 122620.00
  • Land Assessed Value: 55430.00
  • Land Use Code: R-10
  • Lot Size Acres: 0.12
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL
  • Zoning Description: Single Family Dwelling

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 545329
  • School Tax: 4216.00
  • Tax Annual Amount: 5723.00
  • Assessor Parcel Number: 38-03-00544-00
  • Tax Lot: 108-000
  • Tax Total Finished Sq Ft: 1586
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 09/27/2022

MLS Schools

  • School District Name: RIDLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Sep 16, 2022
Sold by
Reshma Chudasama
Bought by
Patel Smit and Patel Pardeep
Seller's Agent
Patti Rodgers Morrisette
Long & Foster Real Estate, Inc.
Buyer's Agent
Mandeep Bhular
HomeSmart First Advantage Realty
List Price
$365,000
Sold Price
$340,000
Premium/Discount to List
-$25,000
-6.85%
Views
10
Current Estimated Value
$390,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,751
Avg. Annual Appreciation
5.75%
Original Mortgage
$272,000
Outstanding Balance
$259,983
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$141,161

Purchase Details

Closed on
Sep 30, 2008
Sold by
Curran Mary M
Bought by
Chudasama Pravin B and Chudasama Reshma P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,440
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Patel Smit $340,000 American Home Title
Chudasama Pravin B $226,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Smit $272,000
Previous Owner Chudasama Pravin B $170,000
Previous Owner Chudasama Pravin B $181,440
Previous Owner Curran Mary M $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2022 09/27/22 Sold $340,000 -4.2% $214 / Sq Ft
08/13/2022 08/13/22 Pending -- -- --
07/25/2022 07/25/22 Price Changed $355,000 -2.7% $224 / Sq Ft
07/07/2022 07/07/22 For Sale $365,000 -- $230 / 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 $6,182 $178,050 $55,430 $122,620
2024 $6,182 $178,050 $55,430 $122,620
2023 $5,913 $178,050 $55,430 $122,620
2022 $5,724 $178,050 $55,430 $122,620
2021 $8,860 $178,050 $55,430 $122,620
2020 $5,716 $101,190 $33,270 $67,920
2019 $5,612 $101,190 $33,270 $67,920
2018 $5,542 $101,190 $0 $0
2017 $5,542 $101,190 $0 $0
2016 $555 $101,190 $0 $0
2015 $555 $101,190 $0 $0
2014 $555 $101,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PADE2029798

Bright MLS

APN: 38-03-00544-00