$50,000
SOLD JAN 30, 2025

507 Grove St Unit 73 Bridgeport, PA 19405

-- Bed
-- Bath
400 Sq Ft
400 Sq Ft Lot

Recently Sold

$125 Per Sq Ft

33% Below List Price

75 Days on Market

Highlights

  • No HOA
  • Upper Merion Middle School Rated A
  • 2 Car Detached Garage

About This Home

As of January 2025

Unlock the potential of this perfectly situated 2-car garage in the heart of Bridgeport! Currently leased with a flexible tenant willing to stay or vacate, this space offers a unique opportunity for a variety of buyers. Whether you're an investor seeking steady rental income, a business owner looking for additional workspace or storage, or a collector in need of secure car or equipment storage, this garage checks all the boxes. Equipped with 100 AMP electric, this property offers the power capacity needed to handle business operations or even support a hobbyist's workshop. With easy access to major roads and local amenities, this garage is a valuable asset in a rapidly developing area. Its flexibility means you can choose to keep the current tenant for immediate returns or utilize the space for your own purposes. Storage for small businesses, tradespeople, contractors, or even classic car enthusiasts—this garage is a canvas for your entrepreneurial vision. NOTE: This property is located behind 507 Grove Street.

Last Agent to Sell the Property

Nicole Murphy

BHHS Fox & Roach-Blue Bell License #RS328694 Listed on: 10/11/2024

BHHS Fox & Roach-Blue Bell

Last Buyer's Agent

Betsy Cohen

BHHS Fox & Roach Malvern-Paoli License #RS288807

BHHS Fox & Roach Malvern-Paoli

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $105

Year Built

  • Built in 1957

Lot Details

  • 400 Sq Ft Lot
  • Lot Dimensions are 20.00 x 0.00
  • Property is zoned 1110 RES: GRG ON LOT, Residential Garage on Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Rubber Roof

Interior Spaces

  • 400 Sq Ft Home
  • Property has 1 Level

Utilities

  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 071
  • Assessor Parcel Number 02-00-03620-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$105

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-10-11
  • Year Built: 1957
  • Automatically Close On Close Date: No
  • Remarks Public: Unlock the potential of this perfectly situated 2-car garage in the heart of Bridgeport! Currently leased with a flexible tenant willing to stay or vacate, this space offers a unique opportunity for a variety of buyers. Whether you're an investor seeking steady rental income, a business owner looking for additional workspace or storage, or a collector in need of secure car or equipment storage, this garage checks all the boxes. Equipped with 100 AMP electric, this property offers the power capacity needed to handle business operations or even support a hobbyist's workshop. With easy access to major roads and local amenities, this garage is a valuable asset in a rapidly developing area. Its flexibility means you can choose to keep the current tenant for immediate returns or utilize the space for your own purposes. Storage for small businesses, tradespeople, contractors, or even classic car enthusiasts—this garage is a canvas for your entrepreneurial vision. NOTE: This property is located behind 507 Grove Street.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 400
  • Living Area Sq Ft: 400
  • Price Per Sq Ft: 150.00
  • Above Grade Finished Sq Ft: 400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 507

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block
  • Roof: Asphalt, Rubber
  • 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
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Sewer System

Condo/Co-op/Association

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

Schools

  • School District: UPPER MERION AREA
  • School District Key: 300200396617
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 1110
  • Lot Size Acres: 0.01
  • Lot Dimensions: 20.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 400.00
  • Year Assessed: 2024
  • Zoning: 1110 RES: GRG ON LOT
  • Zoning Description: Residential Garage on Lot

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 60.00
  • Tax Annual Amount: 105.00
  • Assessor Parcel Number: 02-00-03620-005
  • Tax Lot: 071
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 01/30/2025

MLS Schools

  • School District Name: UPPER MERION AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2013
Sold by
Baker Ketty Lynn
Bought by
Vuotto Angelo J
Current Estimated Value
$161,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Outstanding Balance
$46,245
Interest Rate
3.57%
Mortgage Type
Seller Take Back
Estimated Equity
$114,927

Purchase Details

Closed on
Apr 21, 1995
Sold by
Rotay Joseph R
Bought by
Baker Ketty Lynn
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 Type Sale Price Title Company
Deed $95,000 None Available
Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $65,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2025 01/30/25 Sold $50,000 -16.7% $125 / Sq Ft
12/26/2024 12/26/24 Pending -- -- --
11/19/2024 11/19/24 Price Changed $60,000 -20.0% $150 / Sq Ft
10/11/2024 10/11/24 For Sale $75,000 -- $188 / 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 $3,400 $86,280 $21,220 $65,060
2024 $3,400 $86,280 $21,220 $65,060
2023 $3,307 $86,280 $21,220 $65,060
2022 $3,219 $86,280 $21,220 $65,060
2021 $3,193 $86,280 $21,220 $65,060
2020 $3,142 $86,280 $21,220 $65,060
2019 $3,103 $86,280 $21,220 $65,060
2018 $3,103 $86,280 $21,220 $65,060
2017 $3,023 $86,280 $21,220 $65,060
2016 $2,989 $86,280 $21,220 $65,060
2015 $2,911 $86,280 $21,220 $65,060
2014 $2,911 $86,280 $21,220 $65,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2119266

Bright MLS

APN: 02-00-03624-001