$339,000
UNDER CONTRACT

Estimated payment $2,542/month

Total Views 13,347
4 Beds
2 Baths
1,776 Sq Ft
$191 Price per Sq Ft

Highlights

  • 1 Fireplace
  • 2 Car Detached Garage
  • Central Air
  • No HOA
  • Bungalow
  • Hot Water Heating System

About This Home

Rare find in Folsom! This charming and versatile corner-lot property offers incredible flexibility with a well-maintained 3-bedroom, 1-bath main home, a detached 2-car garage (approx. 20x20), and a separate second-floor living space complete with its own kitchen, bathroom, living room, and bedroom. The main home is move-in ready, featuring brand-new flooring throughout, an updated kitchen with new appliances, recently installed windows that fill the home with natural light, and fresh neutral-toned paint that creates a clean, modern feel.

The bonus second-floor unit is currently accessed via a private exterior entrance, making it ideal for extended family, guests, or rental income. This space could easily command $1,100–$1,200/month in rent, offering an excellent house-hacking opportunity for a homeowner to live on the first floor while offsetting their mortgage. For investors, the property has the potential to bring in a total of $3,200–$3,500/month when fully rented—making it a solid addition to any portfolio.

A full basement provides additional storage or the perfect setting for a workshop or rec area. The detached garage offers plenty of room for parking, storage, or hobby use. Located within the highly regarded Ridley School District, this home is perfect for families seeking great schools and a walkable neighborhood. Additionally, there’s potential to apply for a special use permit for commercial use, as similar properties in the area have been granted variances.

With space, flexibility, income potential, and a fantastic location, this one won’t last long—schedule your showing today!
Note: Listing Agent / Owner is a licensed real estate agent in Pennsylvania.

Listing Agent

Joe Vaccone

SCOTT REALTY GROUP License #RS-0039181 Listed on: 06/20/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,991

Year Built

  • Built in 1930

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 62.00 x 124.00

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Bungalow
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,776 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 652-000
  • Assessor Parcel Number 38-03-00877-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,991

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 6/20/2025 12:00:00 AM
  • Year Built: 1930
  • Automatically Close On Close Date: Yes
  • Remarks Public: Rare find in Folsom! This charming and versatile corner-lot property offers incredible flexibility with a well-maintained 3-bedroom, 1-bath main home, a detached 2-car garage (approx. 20x20), and a separate second-floor living space complete with its own kitchen, bathroom, living room, and bedroom. The main home is move-in ready, featuring brand-new flooring throughout, an updated kitchen with new appliances, recently installed windows that fill the home with natural light, and fresh neutral-toned paint that creates a clean, modern feel. The bonus second-floor unit is currently accessed via a private exterior entrance, making it ideal for extended family, guests, or rental income. This space could easily command $1,100–$1,200/month in rent, offering an excellent house-hacking opportunity for a homeowner to live on the first floor while offsetting their mortgage. For investors, the property has the potential to bring in a total of $3,200–$3,500/month when fully rented—making it a solid addition to any portfolio. A full basement provides additional storage or the perfect setting for a workshop or rec area. The detached garage offers plenty of room for parking, storage, or hobby use. Located within the highly regarded Ridley School District, this home is perfect for families seeking great schools and a walkable neighborhood. Additionally, there’s potential to apply for a special use permit for commercial use, as similar properties in the area have been granted variances. With space, flexibility, income potential, and a fantastic location, this one won’t last long—schedule your showing today! Note: Listing Agent / Owner is a licensed real estate agent in Pennsylvania.
  • Special Features: UnderContract
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1776
  • Living Area Sq Ft: 1776
  • Price Per Sq Ft: 190.88
  • Above Grade Finished Sq Ft: 1776
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 501

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • 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: Frame
  • 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 Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: RIDLEY
  • School District Key: 300200397359
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R-10
  • Lot Size Acres: 0.17
  • Lot Dimensions: 62.00 x 124.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.00
  • Year Assessed: 2025
  • Zoning: RESDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 5992.00
  • Tax Annual Amount: 7991.00
  • Assessor Parcel Number: 38-03-00877-00
  • Tax Lot: 652-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: RIDLEY

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $7,434 $214,100 $60,000 $154,100
2023 $7,110 $214,100 $60,000 $154,100
2022 $6,882 $214,100 $60,000 $154,100
2021 $10,654 $214,100 $60,000 $154,100
2020 $6,334 $112,120 $36,010 $76,110
2019 $6,218 $112,120 $36,010 $76,110
2018 $6,140 $112,120 $0 $0
2017 $6,140 $112,120 $0 $0
2016 $615 $112,120 $0 $0
2015 $615 $112,120 $0 $0
2014 $615 $112,120 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Price Changed $339,000 -1.7% $191 / Sq Ft
07/11/2025 07/11/25 Price Changed $344,900 -1.2% $194 / Sq Ft
06/29/2025 06/29/25 For Sale $349,000 -- $197 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $340,000 None Available
Deed $120,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $165,750 New Conventional
Closed $186,375 Purchase Money Mortgage
Source: Public Records

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Bright MLS

APN: 38-03-00877-00