$125,000
SOLD JAN 30, 2015

421 E Rambo St Bridgeport, PA 19405

3 Beds
1 Bath
1,692 Sq Ft
4,000 Sq Ft Lot

Recently Sold

$74 Per Sq Ft

24% Below List Price

112 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Upper Merion Middle School Rated A
  • Corner Lot
  • 2 Car Detached Garage

About This Home

As of October 2015

This property has such great potential and a great price! It's a single in the heart of Bridgeport with low, low taxes, an excellent school district and a convenient location. The property is zoned for mixed residential and/or commercial use and was the "corner deli" along with the family residence for many years. The mechanical aspects seem to be in order with updated electric, heating and hot water heater but the house does need updating including flooring, paint, windows, some doors, landscaping and the garage. The main level has a very large front room with a separate entrance and lots of commercial potential which can serve as a family room, a dining room (used by the owners as their living space) with a door to the street, and an eat-in kitchen with a door to the yard and garage. Upstairs are the 3 bedrooms and a full bathroom plus stairs to the huge floored attic. The basement has good storage spaces, and steps up to the yard. There's the detached two-car garage and the fenced yard needing some landscaping attention. We're so close to King of Prussia, the Norristown trains to Philly and all major roadways. Contractors and flippers are welcome as are owner-occupants since the house should easily qualify for FHA 203K financing allowing for much of the improvements to be financed.

Last Agent to Sell the Property

Mark Cohen

Long & Foster Real Estate, Inc. License #AB066688 Listed on: 08/13/2014

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Josette Donatelli

Compass RE License #RS294088

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,929

Year Built

  • Built in 1944

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40 x 100
  • Corner Lot
  • Level Lot
  • Back and Side Yard
  • Property is in below average condition
  • Property is zoned R2

Parking

  • 2 Car Detached Garage
  • 3 Open Parking Spaces
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,692 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Eat-In Kitchen
  • Laundry on lower level

Flooring

  • Wood
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Unfinished Basement

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

Schools

  • Bridgeport Elementary School
  • Upper Merion Middle School
  • Upper Merion High School

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 019
  • Assessor Parcel Number 02-00-05088-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,929

Year Built

Built in 1944

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Upper 1
  • Year Built: 1944
  • Remarks Public: This property has such great potential and a great price! It's a single in the heart of Bridgeport with low, low taxes, an excellent school district and a convenient location. The property is zoned for mixed residential and/or commercial use and was the "corner deli" along with the family residence for many years. The mechanical aspects seem to be in order with updated electric, heating and hot water heater but the house does need updating including flooring, paint, windows, some doors, landscaping and the garage. The main level has a very large front room with a separate entrance and lots of commercial potential which can serve as a family room, a dining room (used by the owners as their living space) with a door to the street, and an eat-in kitchen with a door to the yard and garage. Upstairs are the 3 bedrooms and a full bathroom plus stairs to the huge floored attic. The basement has good storage spaces, and steps up to the yard. There's the detached two-car garage and the fenced yard needing some landscaping attention. We're so close to King of Prussia, the Norristown trains to Philly and all major roadways. Contractors and flippers are welcome as are owner-occupants since the house should easily qualify for FHA 203K financing allowing for much of the improvements to be financed.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Vinyl, Tile/Brick
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 2
  • Room Count: 6
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1692
  • Living Area Sq Ft: 1692
  • Net Sq Ft: 1692.00
  • Price Per Sq Ft: 88.59
  • Above Grade Finished Sq Ft: 1692
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 421

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Parking Features: Street
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: On Street, Driveway, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, 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

Schools

  • School District: UPPER MERION AREA
  • Elementary School: BRIDGEPORT
  • Middle School: UPPER MERION
  • High School: UPPER MERION
  • School District Key: 300200396617
  • Elementary School: BRIDGEPORT
  • High School: UPPER MERION
  • Middle Or Junior School: UPPER MERION

Lot Info

  • Land Use Code: 4100
  • Lot Features: Corner, Level, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.09
  • Lot Dimensions: 40 X 100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4000.00
  • Property Condition: Below Average
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 594077
  • Tax Annual Amount: 2929.00
  • Assessor Parcel Number: 02-00-05088-004
  • Tax Lot: 019
  • Tax Year: 2014
  • Close Date: 01/30/2015

MLS Schools

  • School District Name: UPPER MERION AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2015
Closed on
Oct 29, 2015
Sold by
Keen Jason M
Bought by
Bernhard Nicole
Seller's Agent
Michael Powers
Better Homes Regional Realty
Buyer's Agent
April LaCorte
Keller Williams Real Estate-Blue Bell
List Price
$289,000
Sold Price
$276,000
Premium/Discount to List
-$13,000
-4.5%
Current Estimated Value
$457,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,473
Avg. Annual Appreciation
5.25%
Original Mortgage
$220,800
Outstanding Balance
$174,615
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$282,669

Purchase Details

Listed on
Aug 13, 2014
Closed on
Jan 30, 2015
Sold by
Maslanka Catherine
Bought by
Keen Jason M
Seller's Agent
Mark Cohen
Long & Foster Real Estate, Inc.
Buyer's Agent
Josette Donatelli
Compass RE
List Price
$164,900
Sold Price
$125,000
Premium/Discount to List
-$39,900
-24.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
187.52%
Original Mortgage
$139,401
Interest Rate
3.84%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $276,000 Attorney
Deed $125,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $69,367 New Conventional
Open $220,800 New Conventional
Previous Owner $139,401 New Conventional
Previous Owner $251,250 No Value Available
Previous Owner $30,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2015 10/30/15 Sold $276,000 -4.5% $163 / Sq Ft
09/20/2015 09/20/15 Pending -- -- --
07/22/2015 07/22/15 For Sale $289,000 +131.2% $171 / Sq Ft
01/30/2015 01/30/15 Sold $125,000 -16.6% $74 / Sq Ft
12/03/2014 12/03/14 Pending -- -- --
09/25/2014 09/25/14 Price Changed $149,900 -6.3% $89 / Sq Ft
09/19/2014 09/19/14 Price Changed $159,900 -3.0% $95 / Sq Ft
08/13/2014 08/13/14 For Sale $164,900 -- $97 / 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 $5,942 $150,770 -- --
2024 $5,942 $150,770 -- --
2023 $5,778 $150,770 $0 $0
2022 $5,624 $150,770 $0 $0
2021 $5,580 $150,770 $0 $0
2020 $5,491 $150,770 $0 $0
2019 $5,423 $150,770 $0 $0
2018 $5,424 $150,770 $0 $0
2017 $5,283 $150,770 $0 $0
2016 $5,225 $150,770 $0 $0
2015 $5,225 $86,810 $39,900 $46,910
2014 $2,930 $86,810 $39,900 $46,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003044724

Bright MLS

APN: 02-00-05088-004