NOT LISTED FOR SALE

706 Macdade Blvd Folsom, PA 19033

Estimated Value: $277,000 - $331,000

-- Bed
2 Baths
1,188 Sq Ft
$262/Sq Ft Est. Value

Last Sold August 14, 2024

Last sale price $250,000 $210 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,236/month

261 Days on Market

Highlights

  • Rambler Architecture
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 1 Fireplace

About This Home

As of August 2024

Welcome to this unique mixed use property in Ridley Township! This property offers a fantastic opportunity for both residential and commercial use. The duplex is conveniently located right on MacDade Boulevard, surrounded by a vibrant mix of businesses and restaurants, making it a prime location for any entrepreneur or investor. The first unit of this duplex is currently being used as an apartment (2 bed, one bath) and the second unit is currently being utilized as an office space, perfect for those looking to establish or expand their business. The prime location ensures excellent visibility and exposure to potential clients and customers. Imagine the convenience of working just steps away from a variety of business establishments and eateries. Just blocks away from the on-ramp to 476 and 95, commuting to nearby cities or other parts of the state becomes a breeze. Additionally, public transportation options are readily available along MacDade Boulevard, providing easy access for both tenants and employees. Whether you're looking to invest in a property with multiple income streams or seeking a live-work setup, this duplex in Ridley Township offers tremendous potential. Don't miss out on this incredible opportunity to own a property in a bustling location with endless possibilities!

Last Agent to Sell the Property

Jacqueline Christman

(215) 531-3526 jacci.neerland@compass.com CG Realty, LLC License #RS315934 Listed on: 11/06/2023

Last Buyer's Agent

Joanne Joslin

(267) 230-2309 joanne@campbellgerrard.com CG Realty, LLC License #RS367573

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 125.00 x 75.00

Parking

  • 1 Car Detached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Duplex
  • Rambler Architecture
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,188 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Electric Water Heater

Community Details

  • 1 Vacant Unit

Listing and Financial Details

  • Tax Lot 165-000
  • Assessor Parcel Number 38-05-00656-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1960
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1188
  • Living Area Sq Ft: 1188
  • Price Per Sq Ft: 252.53
  • Above Grade Finished Sq Ft: 1188
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.18
  • Lot Dimensions: 125.00 x 75.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7841.00
  • Zoning: COMMERCIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 5488.00
  • Tax Annual Amount: 7298.00
  • Assessor Parcel Number: 38-05-00656-00
  • Tax Lot: 165-000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: RIDLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2023
Closed on
Aug 15, 2024
Sold by
Neerland Building & Remodeling Inc
Bought by
Palmer Jason and Palmer Danielle
Seller's Agent
Jacqueline Christman
CG Realty, LLC
Buyer's Agent
Joanne Joslin
CG Realty, LLC
List Price
$375,000
Sold Price
$250,000
Premium/Discount to List
-$125,000
-33.33%
Views
856
Current Estimated Value
$311,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,618
Avg. Annual Appreciation
17.18%

Purchase Details

Listed on
Nov 1, 2017
Closed on
Mar 27, 2018
Sold by
Fannie Mae
Bought by
Neerland Building & Remodeling Inc
Seller's Agent
Vincent Melchiorre
Century 21 All Elite Inc-Brookhaven
Buyer's Agent
Jacqueline Christman
CG Realty, LLC
List Price
$89,000
Sold Price
$89,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.57%
Original Mortgage
$50,000
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 11, 2016
Sold by
Veneziano Rudolph and Cit Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 19, 1976
Bought by
Veneziano Rudolph
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Palmer Jason $250,000 None Listed On Document
Neerland Building & Remodeling Inc $89,000 None Available
Federal National Mortgage Association -- None Available
Veneziano Rudolph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neerland Building & Remodeling Inc $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2024 08/14/24 Sold $250,000 -16.7% $210 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
06/24/2024 06/24/24 Price Changed $300,000 -14.3% $253 / Sq Ft
06/12/2024 06/12/24 Price Changed $350,000 -5.1% $295 / Sq Ft
01/31/2024 01/31/24 Price Changed $369,000 -1.3% $311 / Sq Ft
01/04/2024 01/04/24 Price Changed $374,000 -0.3% $315 / Sq Ft
11/06/2023 11/06/23 For Sale $375,000 +321.3% $316 / Sq Ft
03/29/2018 03/29/18 Sold $89,000 0.0% $75 / Sq Ft View Prior Sale
02/01/2018 02/01/18 Pending -- -- --
11/01/2017 11/01/17 For Sale $89,000 -- $75 / 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 $7,299 $210,210 $60,890 $149,320
2024 $7,299 $210,210 $60,890 $149,320
2023 $6,981 $210,210 $60,890 $149,320
2022 $6,757 $210,210 $60,890 $149,320
2021 $10,460 $210,210 $60,890 $149,320
2020 $5,987 $105,980 $36,540 $69,440
2019 $5,877 $105,980 $36,540 $69,440
2018 $5,804 $105,980 $0 $0
2017 $5,804 $105,980 $0 $0
2016 $582 $105,980 $0 $0
2015 $593 $105,980 $0 $0
2014 $593 $105,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2056964

Bright MLS

APN: 38-05-00656-00