NOT LISTED FOR SALE

514 Folsom Ave Folsom, PA 19033

Ridley Area

Estimated Value: $353,000 - $443,000

Studio
3 Baths
2,218 Sq Ft
$179/Sq Ft Est. Value

Sale Details

Date Sold: October 27, 2017

Last sale price $195,000 $88 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,875 / mo

144 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • 2 Car Detached Garage
  • Tile or Brick Flooring

About This Home

As of October 2017

Legal duplex in Ridley Township - with additional rental for the on site 2 car garage. Separately metered for electric, the current owner lived in the larger of the two units and has rented the first floor. Excellent location for Philadelphia Airport commute. Here's the opportunity to either own and rent the entire property, or live in one of the units and rent the other - which helps to defray your cost of ownership by the income produced. Owner is a licensed Real estate sales person in PA.

Last Agent to Sell the Property

Gregory Calogero

(267) 525-7900 chess359@gmail.com First Heritage Realty Alliance, LLC Listed on: 04/29/2017

Last Buyer's Agent

Sergio Altomare

(215) 627-3500 broker@kwphiladelphia.com Keller Williams Philadelphia

Keller Williams Philadelphia

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 10,062 Sq Ft Lot
  • Lot Dimensions are 100x100
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • 4 Open Parking Spaces
  • Driveway

Home Design

  • 2,218 Sq Ft Home
  • Duplex
  • Stone Foundation
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding

Flooring

  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Schools

  • Ridley High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 504-000
  • Assessor Parcel Number 38-03-00603-00

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $480
  • Insurance Expense $1,032
  • Maintenance Expense $2,232
  • Operating Expense $10,334

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

10,062 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl, Tile/Brick
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Has Laundry
  • Total Sq Ft: 2218
  • Living Area Sq Ft: 2218
  • Price Per Sq Ft: 103.65
  • Above Grade Finished Sq Ft: 2218
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, 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: 4
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Expense: 480.00
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Radiator, Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 540.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: RIDLEY

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 100X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10062.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: DUPLX

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 30300.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 545390
  • Tax Annual Amount: 6050.00
  • Assessor Parcel Number: 38-03-00603-00
  • Tax Lot: 504-000
  • Tax Year: 2017

MLS Schools

  • School District Name: RIDLEY

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2017
Closed on
Oct 25, 2017
Sold by
Bought by
Seller's Agent
Gregory Calogero
First Heritage Realty Alliance, LLC
Buyer's Agent
Sergio Altomare
Keller Williams Philadelphia
List Price
$229,900
Sold Price
$195,000
Premium/Discount to List
-$34,900
-15.18%
Current Estimated Value
$396,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,331
Avg. Annual Appreciation
8.42%

Purchase Details

Closed on
Jun 22, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,741
Interest Rate
0.0492%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 18, 2002
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$195,000 None Available
$207,500 First American Title Ins Co
$160,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $203,741
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/27/2017 10/27/17 Sold $195,000 -15.2% $88 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
08/29/2017 08/29/17 For Sale $229,900 +17.9% $104 / Sq Ft
08/29/2017 08/29/17 Off Market $195,000 -- --
06/29/2017 06/29/17 Price Changed $229,900 -2.1% $104 / Sq Ft
04/29/2017 04/29/17 For Sale $234,900 -- $106 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,376 $215,820 $65,760 $150,060
2025 $7,494 $215,820 $65,760 $150,060
2024 $7,494 $215,820 $65,760 $150,060
2023 $7,168 $215,820 $65,760 $150,060
2022 $6,938 $215,820 $65,760 $150,060
2021 $10,740 $215,820 $65,760 $150,060
2020 $6,241 $110,470 $39,450 $71,020
2019 $6,126 $110,470 $39,450 $71,020
2018 $6,050 $110,470 $0 $0
2017 $6,050 $110,470 $0 $0
2016 $606 $110,470 $0 $0
2015 $606 $110,470 $0 $0
2014 $606 $110,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000914765

Bright MLS

APN: 38-03-00603-00

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