Seller's Agent in 2022
David Coffey
Real of Pennsylvania
(610) 202-2533
8 in this area
37 Total Sales
526 Folsom Ave Folsom, PA 19033
Estimated Value: $348,000 - $448,000
Studio
2
Baths
2,783
Sq Ft
$143/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Stainless Steel Appliances
- Oversized Parking
- Marble Flooring
- 1 Car Detached Garage
- 5-minute walk to Triangle Park
About This Home
As of July 2022Welcome to this great investment property especially for an owner occupant with the total income of 2,720 per year. Also, the garage (W/Electric) could also bring in 100-200 a month for extra income pending tenants use. Enter side door to the first floor unit and a few steps up to the eat-in-kitchen with lots of counter space and cabinets. Huge pantry for the and rear exit door to stone rear patio that the owner uses for entertaining . Large bedroom with plenty of room for furniture . Go a few more steps to the living room equipped with built-in-cabinets (see pics). Front enclosed porch with lots of windows and is a great place to read, work-out or make this a second bedroom. The main floor has air units installed in the wall for those summer days. Finished basement has lots of room and could be turned into another sleeping area pending Township requirements. 2nd floor rental has 1 bedroom and a loft that also could be another sleeping quarters as well. Washer and dryer for both units and all separate utilities. The washer electric on the second floor along with 1 electric outlet are connected to the first floor electric panel. Huge driveway for parking allows plenty of room to rent the garage out as well. Could be used as an in-law-suite on the 1st or 2nd floor. SOLD AS-IS by Seller.
Last Agent to Sell the Property
(610) 202-2533 davidcoffeylnf@aol.com Real of Pennsylvania License #RS226836L Listed on: 06/04/2022
Last Buyer's Agent
datacorrect@brightmls.com Non Subscribing Office License #0225194075
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,472
Year Built
- Built in 1938
Lot Details
- 4,966 Sq Ft Lot
- Lot Dimensions are 50.00 x 100.00
- Property is in very good condition
Parking
- 1 Car Detached Garage
- Oversized Parking
- Driveway
- Off-Street Parking
Home Design
- Duplex
- Colonial Architecture
- Block Foundation
- Shingle Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 2,783 Sq Ft Home
- Ceiling Fan
Kitchen
- Eat-In Kitchen
- Self-Cleaning Oven
- Built-In Microwave
- Stainless Steel Appliances
Flooring
- Wood
- Carpet
- Laminate
- Marble
- Ceramic Tile
Laundry
- Washer
- Gas Dryer
Finished Basement
- Heated Basement
- Basement Fills Entire Space Under The House
- Side Basement Entry
Schools
- Ridley High School
Utilities
- Central Air
- Hot Water Heating System
- 100 Amp Service
- Natural Gas Water Heater
- Cable TV Available
Community Details
- 2 Units
- 3-Story Building
Listing and Financial Details
- Tax Lot 506-000
- Assessor Parcel Number 38-03-00606-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 4, 2022
Closed on
Jul 12, 2022
Sold by
Steger Paul D
Bought by
Lin Aung Naing
Seller's Agent
David Coffey
Real of Pennsylvania
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$325,000
Sold Price
$330,000
Premium/Discount to List
$5,000
1.54%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,646
Avg. Annual Appreciation
5.42%
Original Mortgage
$231,000
Outstanding Balance
$220,165
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$177,481
Purchase Details
Closed on
Dec 21, 2020
Sold by
Steger Paul D and Dunne Jamie L
Bought by
Steger Paul D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 29, 2016
Closed on
Jun 30, 2016
Sold by
Smith Jessica M and Anders Warren H
Bought by
Steger Paul D and Dunne Jamie L
Seller's Agent
Karen Van
Premier Property Sales & Rentals
Buyer's Agent
David Coffey
Real of Pennsylvania
List Price
$199,900
Sold Price
$192,000
Premium/Discount to List
-$7,900
-3.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.89%
Original Mortgage
$188,522
Interest Rate
3.25%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 18, 2005
Sold by
Murphy Scott J and Murphy Rose L
Bought by
Smith Jessica M and Anders Warren H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,700
Interest Rate
5.79%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jul 12, 2004
Sold by
Oneill Thomas T
Bought by
Murphy Scott J and Murphy Rose L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,706
Interest Rate
6.25%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 16, 1994
Sold by
Mccloskey John L and Mccloskey Suzanne M
Bought by
Oneill Thomas T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,226
Interest Rate
6.9%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lin Aung Naing | $330,000 | Welched Closing Services | |
| Steger Paul D | -- | Golden Title Agency Llc | |
| Steger Paul D | $192,000 | Attorney | |
| Smith Jessica M | $206,000 | Stewart Title Guaranty Compa | |
| Murphy Scott J | $165,000 | -- | |
| Oneill Thomas T | $126,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lin Aung Naing | $231,000 | |
| Previous Owner | Steger Paul D | $181,000 | |
| Previous Owner | Steger Paul D | $188,522 | |
| Previous Owner | Smith Jessica M | $199,700 | |
| Previous Owner | Murphy Scott J | $163,706 | |
| Previous Owner | Oneill Thomas T | $126,226 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/20/2022 07/20/22 | Sold | $330,000 | -1.8% | $119 / Sq Ft | |
| 06/17/2022 06/17/22 | Price Changed | $335,900 | +3.4% | $121 / Sq Ft | |
| 06/15/2022 06/15/22 | Pending | -- | -- | -- | |
| 06/04/2022 06/04/22 | For Sale | $325,000 | +69.3% | $117 / Sq Ft | |
| 06/30/2016 06/30/16 | Sold | $192,000 | -4.0% | $69 / Sq Ft | View Prior Sale |
| 04/21/2016 04/21/16 | Pending | -- | -- | -- | |
| 02/29/2016 02/29/16 | For Sale | $199,900 | 0.0% | $72 / Sq Ft | |
| 09/02/2015 09/02/15 | Rented | $820 | -8.4% | -- | |
| 08/28/2015 08/28/15 | Under Contract | -- | -- | -- | |
| 04/22/2015 04/22/15 | For Rent | $895 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $7,378 | $212,500 | $55,300 | $157,200 |
| 2024 | $7,378 | $212,500 | $55,300 | $157,200 |
| 2023 | $7,057 | $212,500 | $55,300 | $157,200 |
| 2022 | $6,831 | $212,500 | $55,300 | $157,200 |
| 2021 | $10,574 | $212,500 | $55,300 | $157,200 |
| 2020 | $6,472 | $114,570 | $33,190 | $81,380 |
| 2019 | $6,354 | $114,570 | $33,190 | $81,380 |
| 2018 | $6,275 | $114,570 | $0 | $0 |
| 2017 | $6,275 | $114,570 | $0 | $0 |
| 2016 | $629 | $114,570 | $0 | $0 |
| 2015 | $642 | $114,570 | $0 | $0 |
| 2014 | $642 | $114,570 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
David Coffey
-
datacorrect BrightMLS
d
Buyer's Agent in 2022
datacorrect BrightMLS
Non Subscribing Office
-
Karen Van
K
Seller's Agent in 2016
Karen Van
Premier Property Sales & Rentals
(610) 420-6747
2 Total Sales
Map
Source: Bright MLS
MLS Number: PADE2027278
APN: 38-03-00606-00
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