$405,000
SOLD JAN 22, 2025

534 Prospect St Bridgeport, PA 19405

-- Bed
-- Bath
2,496 Sq Ft
4,400 Sq Ft Lot

Recently Sold

$162 Per Sq Ft

14% Below List Price

39 Days on Market

Highlights

  • Tile or Brick Flooring
  • Upper Merion Middle School Rated A
  • Hot Water Heating System

About This Home

As of January 2025

Fantastic Investment Opportunity or Owner-Occupant Duplex!
Located in the heart of Bridgeport, this spacious duplex is perfect for a savvy investor or an owner looking
to live in one unit and rent the other. This well-maintained property features:
Unit 1: 3 generously sized bedrooms, 1 bathroom, with recent updates throughout.
Unit 2: 2 comfortable bedrooms, 1 bathroom, also boasting recent updates.
Enjoy the convenience of being just minutes away from regional rail transportation, King of Prussia Mall for
premier shopping and dining, and located within a top-rated school district. This property is ideal for those
looking to invest in a growing area.
The property is being sold as-is, where-is, and the buyer is responsible for the Use & Occupancy (U&O)
certification.
Don’t miss this incredible opportunity to invest in a sought-after area of Bridgeport!

Last Agent to Sell the Property

Derek Greene

The Greene Realty Group License #SBR004802 Listed on: 11/08/2024

Last Buyer's Agent

Karen Manzanares

Keller Williams Real Estate-Blue Bell License #AB069526

Keller Williams Real Estate-Blue Bell

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,112

Year Built

  • Built in 1940

Lot Details

  • 4,400 Sq Ft Lot
  • Lot Dimensions are 40.00 x 0.00
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,496 Sq Ft Home
  • Tile or Brick Flooring
  • Unfinished Basement

Schools

  • Upper Merion High School

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • 2-Story Building

Listing and Financial Details

  • Tax Lot 015
  • Assessor Parcel Number 02-00-04556-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,112

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Remarks Public: Fantastic Investment Opportunity or Owner-Occupant Duplex! Located in the heart of Bridgeport, this spacious duplex is perfect for a savvy investor or an owner looking to live in one unit and rent the other. This well-maintained property features: Unit 1: 3 generously sized bedrooms, 1 bathroom, with recent updates throughout. Unit 2: 2 comfortable bedrooms, 1 bathroom, also boasting recent updates. Enjoy the convenience of being just minutes away from regional rail transportation, King of Prussia Mall for premier shopping and dining, and located within a top-rated school district. This property is ideal for those looking to invest in a growing area. The property is being sold as-is, where-is, and the buyer is responsible for the Use & Occupancy (U&O) certification. Don’t miss this incredible opportunity to invest in a sought-after area of Bridgeport!
  • Special Features: None

Interior Features

  • Flooring Type: Tile/Brick
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2496
  • Living Area Sq Ft: 2496
  • Price Per Sq Ft: 176.08
  • Above Grade Finished Sq Ft: 2496
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 534

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco, Brick
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Land Use Code: 1132
  • Lot Size Acres: 0.10
  • Lot Dimensions: 40.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4400.00
  • Property Condition: Good
  • Year Assessed: 2024
  • Zoning: RES

Rental Info

  • Number Of Units Month To Month: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 2351.00
  • Tax Annual Amount: 4112.00
  • Assessor Parcel Number: 02-00-04556-005
  • Tax Lot: 015
  • Tax Total Finished Sq Ft: 2496
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 01/22/2025

MLS Schools

  • School District Name: UPPER MERION AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2024
Closed on
Jan 15, 2025
Sold by
Ortlieb Julie and Plessinger Julie
Bought by
Dos Santos Maiara Faria
Seller's Agent
Derek Greene
The Greene Realty Group
Buyer's Agent
Karen Manzanares
Keller Williams Real Estate-Blue Bell
List Price
$470,000
Sold Price
$405,000
Premium/Discount to List
-$65,000
-13.83%
Views
112
Current Estimated Value
$442,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,000
Avg. Annual Appreciation
15.69%
Original Mortgage
$375,250
Outstanding Balance
$372,882
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$69,118

Purchase Details

Closed on
Jul 27, 2011
Sold by
Maresca Michael
Bought by
Plessinger Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,946
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 27, 2004
Sold by
Mazzalupi Hugo and Mazzalupi Kristie
Bought by
Maresca Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,700
Interest Rate
5.47%

Purchase Details

Closed on
Jan 17, 2003
Sold by
Satiro Francesco J
Bought by
Mazzalupi Hugo and Mazzalupi Kristie

Purchase Details

Closed on
Jun 29, 1998
Sold by
Tornetta Anthony J and Tornetta Geraldine J
Bought by
Satiro Francesco J
Source: Public Records

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Range of Values:

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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
Special Warranty Deed $405,000 World Wide Land Transfer
Special Warranty Deed $405,000 World Wide Land Transfer
Deed $238,000 None Available
Deed $167,000 --
Deed $147,500 --
Deed $105,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,250 New Conventional
Closed $375,250 New Conventional
Previous Owner $112,000 New Conventional
Previous Owner $230,685 FHA
Previous Owner $231,946 FHA
Previous Owner $16,700 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2025 01/22/25 Sold $405,000 -7.8% $162 / Sq Ft
12/17/2024 12/17/24 Pending -- -- --
12/06/2024 12/06/24 Price Changed $439,500 -1.8% $176 / Sq Ft
11/25/2024 11/25/24 Price Changed $447,500 -2.7% $179 / Sq Ft
11/19/2024 11/19/24 Price Changed $459,990 -2.1% $184 / Sq Ft
11/08/2024 11/08/24 For Sale $470,000 -- $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 $4,078 $103,480 $37,310 $66,170
2024 $4,078 $103,480 $37,310 $66,170
2023 $3,965 $103,480 $37,310 $66,170
2022 $3,860 $103,480 $37,310 $66,170
2021 $3,830 $103,480 $37,310 $66,170
2020 $3,769 $103,480 $37,310 $66,170
2019 $3,722 $103,480 $37,310 $66,170
2018 $3,722 $103,480 $37,310 $66,170
2017 $3,626 $103,480 $37,310 $66,170
2016 $3,586 $103,480 $37,310 $66,170
2015 $3,586 $103,480 $37,310 $66,170
2014 $3,492 $103,480 $37,310 $66,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2122430

Bright MLS

APN: 02-00-04556-005