NOT LISTED FOR SALE

705 Summit Ave Prospect Park, PA 19076

Estimated Value: $273,000 - $342,000

4 Beds
2 Baths
1,364 Sq Ft
$225/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $320,000 $235 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,072/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Living Room
  • Hot Water Heating System
  • No HOA
  • Dining Room

About This Home

As of April 2024

WOW! This home has been tastefully updated with everything new. As you walk in the enclosed front porch you will be greeted with the craftsmanship of this awesome home. The Living Room, Dining Room, and Kitchen are all open concept with trendy gray walls, white cabinets, new flooring, all new stainless steel appliances, granite counter tops, decorative molding. The enclosed back porch is great for out door entertaining, over looking the large fenced in back yard. Upstairs you will find 3 nice size bedrooms all with great closet space. The hall bath is new with new fixtures, new walls, new flooring. The 3rd floor adds extra living space could be a bedroom, an office, a play room the possibilities are endless. The basement is finished with a full bath, storage room and outside exit. This home is close to public transportation, schools, township parks, shopping, restaurants. Great proximity to Philadelphia, New York, New Jersey, Delaware, Philadelphia International Airport.

Last Agent to Sell the Property

Theresa O'Donnell

RE/MAX Preferred - Newtown Square License #RS283600 Listed on: 03/09/2024

RE/MAX Preferred - Newtown Square

Last Buyer's Agent

Victoria Haggerty

TJ McCarthy Associates, Inc. License #1005083

TJ McCarthy Associates, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,928

Year Built

  • Built in 1920

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 25.00 x 143.30

Home Design

  • Semi-Detached or Twin Home
  • Colonial Architecture
  • Poured Concrete
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,364 Sq Ft Home
  • Property has 3 Levels
  • Living Room
  • Dining Room
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Utilities

  • Cooling System Utilizes Natural Gas
  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Prospect Park Subdivision

Listing and Financial Details

  • Tax Lot 422-000
  • Assessor Parcel Number 33-00-01985-00

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,928

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2024-03-16
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: WOW! This home has been tastefully updated with everything new. As you walk in the enclosed front porch you will be greeted with the craftsmanship of this awesome home. The Living Room, Dining Room, and Kitchen are all open concept with trendy gray walls, white cabinets, new flooring, all new stainless steel appliances, granite counter tops, decorative molding. The enclosed back porch is great for out door entertaining, over looking the large fenced in back yard. Upstairs you will find 3 nice size bedrooms all with great closet space. The hall bath is new with new fixtures, new walls, new flooring. The 3rd floor adds extra living space could be a bedroom, an office, a play room the possibilities are endless. The basement is finished with a full bath, storage room and outside exit. This home is close to public transportation, schools, township parks, shopping, restaurants. Great proximity to Philadelphia, New York, New Jersey, Delaware, Philadelphia International Airport.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Kitchen
  • Basement: Yes
  • Basement Type: Poured Concrete
  • Total Sq Ft: 1364
  • Living Area Sq Ft: 1364
  • Price Per Sq Ft: 238.27
  • Above Grade Finished Sq Ft: 1364
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 705

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: INTERBORO
  • School District Key: 300200397355
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R-10
  • Lot Size Acres: 0.08
  • Lot Dimensions: 25.00 x 143.30
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3485.00
  • Year Assessed: 2023
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 3687.00
  • Tax Annual Amount: 4928.00
  • Assessor Parcel Number: 33-00-01985-00
  • Tax Lot: 422-000
  • Tax Total Finished Sq Ft: 1364
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 04/26/2024

MLS Schools

  • School District Name: INTERBORO

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2024
Closed on
Apr 26, 2024
Sold by
Cocaj Afrim and Cocaj Vjollca
Bought by
Rosa Mary Katherine
Seller's Agent
Theresa O'Donnell
RE/MAX Preferred - Newtown Square
Buyer's Agent
Victoria Haggerty
TJ McCarthy Associates, Inc.
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%
Views
173
Current Estimated Value
$307,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,989
Avg. Annual Appreciation
-2.97%
Original Mortgage
$256,000
Outstanding Balance
$253,525
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$53,695

Purchase Details

Listed on
Oct 17, 2021
Closed on
Dec 27, 2021
Sold by
Mikelson Kevin and Sanders Jessica M
Bought by
Cocaj Afrim and Cocaj Vjollca
Seller's Agent
Jacqueline Griffin
EXP Realty, LLC
Buyer's Agent
Daniel Oliver
Realty Mark Cityscape-King of Prussia
List Price
$160,000
Sold Price
$140,000
Premium/Discount to List
-$20,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.59%

Purchase Details

Closed on
May 31, 1996
Sold by
Burch Ronald R
Bought by
Mikelson Kevin and Mikelson Monica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,700
Interest Rate
7.89%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Rosa Mary Katherine $320,000 Class Abstract
Cocaj Afrim $140,000 Manito Abstract Company Inc
Mikelson Kevin $85,000 T A Title Insurance Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosa Mary Katherine $256,000
Previous Owner Mikelson Kevin $81,133
Previous Owner Mikelson Kevin $86,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $320,000 -1.5% $235 / Sq Ft
03/09/2024 03/09/24 For Sale $325,000 0.0% $238 / Sq Ft
03/05/2024 03/05/24 Price Changed $325,000 +132.1% $238 / Sq Ft
12/27/2021 12/27/21 Sold $140,000 -3.4% $103 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
12/04/2021 12/04/21 Price Changed $145,000 -9.4% $106 / Sq Ft
12/03/2021 12/03/21 For Sale $160,000 +14.3% $117 / Sq Ft
12/03/2021 12/03/21 Off Market $140,000 -- --
11/23/2021 11/23/21 Pending -- -- --
11/14/2021 11/14/21 Price Changed $160,000 -5.9% $117 / Sq Ft
11/01/2021 11/01/21 Price Changed $170,000 -4.5% $125 / Sq Ft
10/17/2021 10/17/21 For Sale $178,000 -- $130 / 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 $4,950 $144,820 $45,330 $99,490
2024 $4,950 $144,820 $45,330 $99,490
2023 $4,874 $144,820 $45,330 $99,490
2022 $4,790 $144,820 $45,330 $99,490
2021 $6,906 $144,820 $45,330 $99,490
2020 $4,287 $82,030 $29,090 $52,940
2019 $4,280 $82,030 $29,090 $52,940
2018 $4,205 $82,030 $0 $0
2017 $4,113 $82,030 $0 $0
2016 $450 $82,030 $0 $0
2015 $450 $82,030 $0 $0
2014 $450 $82,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2062270

Bright MLS

APN: 33-00-01985-00