NOT LISTED FOR SALE

451 Prospect Ave Bridgeport, PA 19405

Estimated Value: $371,000 - $501,000

-- Bed
2 Baths
1,570 Sq Ft
$262/Sq Ft Est. Value

Last Sold January 25, 2021

Last sale price $305,000 $194 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,455/month

Highlights

  • Wood Flooring
  • No HOA
  • Triple Pane Windows
  • Upper Merion Middle School Rated A
  • 2 Car Detached Garage
  • More Than Two Accessible Exits

About This Home

As of January 2021

Don't miss out on this amazing investment opportunity in up and coming Bridgeport! This duplex features two rented units and a garage which has a lease pending. This property has been updated and will provide instant cash flow for you. Enter the side door into the first floor unit kitchen. This floor also contains a living room, large full bathroom, and one bedroom with new triple pane glass windows. Continue downstairs into the partially finished basement and you will find two additional rooms and a second full bathroom. There is also laundry and a second exit on this level which leads to the backyard and a patio. Enter the front door of the property and you will proceed upstairs to the second level apartment. This apartment features a kitchen, living room, and one bedroom. There is laundry hookups in this unit, but no laundry is currently in the unit. There has been soundproofing installed between the attached house and the first and second units. Please see sellers disclosure and attached list of upgrades for more information. This property will only be available for showings on Saturday 12/12 and Sunday 12/13. Contact me for a tour!

Last Agent to Sell the Property

Elizabeth Kagan

KW Empower Listed on: 11/28/2020

KW Empower

Last Buyer's Agent

Ross Cohen

RE/MAX Ready

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,977

Year Built

  • Built in 1925 | Remodeled in 2019

Lot Details

  • 2,200 Sq Ft Lot
  • Lot Dimensions are 20.00 x 0.00

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage

Home Design

  • Duplex
  • Side-by-Side
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • Triple Pane Windows
  • Double Pane Windows

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Partially Finished Basement

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

Accessible Home Design

  • More Than Two Accessible Exits

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 065
  • Assessor Parcel Number 02-00-04800-004

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 3-Story Building

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,977

Year Built

Built in 1925 | Remodeled in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Side-By-Side
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1925
  • Year Renovated: 2019
  • Automatically Close On Close Date: No
  • Remarks Public: Don't miss out on this amazing investment opportunity in up and coming Bridgeport! This duplex features two rented units and a garage which has a lease pending. This property has been updated and will provide instant cash flow for you. Enter the side door into the first floor unit kitchen. This floor also contains a living room, large full bathroom, and one bedroom with new triple pane glass windows. Continue downstairs into the partially finished basement and you will find two additional rooms and a second full bathroom. There is also laundry and a second exit on this level which leads to the backyard and a patio. Enter the front door of the property and you will proceed upstairs to the second level apartment. This apartment features a kitchen, living room, and one bedroom. There is laundry hookups in this unit, but no laundry is currently in the unit. There has been soundproofing installed between the attached house and the first and second units. Please see sellers disclosure and attached list of upgrades for more information. This property will only be available for showings on Saturday 12/12 and Sunday 12/13. Contact me for a tour!
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Tile/Brick, Wood
  • Window Features: Double Pane, Triple Pane
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Partially Finished, Outside Entrance, Interior Access
  • Total Sq Ft: 1570
  • Living Area Sq Ft: 1570
  • Price Per Sq Ft: 218.94
  • Above Grade Finished Sq Ft: 1320
  • Below Grade Finished Sq Ft: 250
  • Total Below Grade Sq Ft: 250
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 451

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Rubber
  • Spa: No
  • 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
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Electric, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1132
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2200.00
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 1
  • Rent Control: No
  • Total Actual Rent: 27000.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 594003
  • School Tax: 1709.00
  • Tax Annual Amount: 2977.00
  • Assessor Parcel Number: 02-00-04800-004
  • Tax Lot: 065
  • Tax Total Finished Sq Ft: 1320
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 01/25/2021

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2,Unit 3
  • Single Room Units Count: 1

MLS Schools

  • School District Name: UPPER MERION AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2020
Closed on
Jan 25, 2021
Sold by
Galanti Reini
Bought by
Mydlo Jack
Seller's Agent
Elizabeth Kagan
KW Empower
Buyer's Agent
Ross Cohen
RE/MAX Ready
List Price
$289,000
Sold Price
$305,000
Premium/Discount to List
$16,000
5.54%
Current Estimated Value
$411,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,048
Avg. Annual Appreciation
6.29%
Original Mortgage
$244,000
Outstanding Balance
$185,459
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$219,325

Purchase Details

Listed on
Apr 2, 2018
Closed on
Jun 14, 2018
Sold by
Arns Inc
Bought by
Galanti Reini
Seller's Agent
Leslie Edwards
RealHome Services and Solutions, Inc.
Buyer's Agent
Zachary Rank
Iron Valley Real Estate Doylestown
List Price
$139,000
Sold Price
$150,000
Premium/Discount to List
$11,000
7.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.52%

Purchase Details

Closed on
Apr 17, 2018
Sold by
Wilmington Trust Na
Bought by
Arns Inc

Purchase Details

Closed on
May 24, 2017
Sold by
Gambone Raymond and Gambone Dina
Bought by
Wilmington Trust National Association

Purchase Details

Closed on
May 5, 2006
Sold by
Colliluori Bruce C and Colliluori Patricia
Bought by
Gambone Raymond and Gambone Dina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,400
Interest Rate
6.42%

Purchase Details

Closed on
Apr 5, 2002
Sold by
Colliluori Bruce C and Collilouri Patricia
Bought by
Colliluori Bruce C and Collilouri Patricia
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
Mydlo Jack $305,000 None Available
Galanti Reini $150,000 None Available
Arns Inc $299,034 None Available
Wilmington Trust National Association $1,913 None Available
Gambone Raymond $213,000 None Available
Colliluori Bruce C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mydlo Jack $244,000
Previous Owner Gambone Raymond $170,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2021 01/25/21 Sold $305,000 +5.5% $194 / Sq Ft
11/28/2020 11/28/20 For Sale $289,000 +92.7% $184 / Sq Ft
06/23/2018 06/23/18 Sold $150,000 0.0% $110 / Sq Ft
05/24/2018 05/24/18 Pending -- -- --
05/23/2018 05/23/18 Off Market $150,000 -- --
04/10/2018 04/10/18 For Sale $139,000 -7.3% $102 / Sq Ft
04/10/2018 04/10/18 Pending -- -- --
04/10/2018 04/10/18 Off Market $150,000 -- --
04/02/2018 04/02/18 For Sale $139,000 -- $102 / 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 $3,185 $80,820 -- --
2024 $3,185 $80,820 -- --
2023 $3,096 $80,820 $0 $0
2022 $3,015 $80,820 $0 $0
2021 $2,991 $80,820 $0 $0
2020 $2,943 $80,820 $0 $0
2019 $2,907 $80,820 $0 $0
2018 $2,908 $80,820 $0 $0
2017 $2,832 $80,820 $0 $0
2016 $2,800 $80,820 $0 $0
2015 $2,727 $80,820 $0 $0
2014 $2,727 $80,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC677258

Bright MLS

APN: 02-00-04800-004