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1040 Franklin Avenue

1040 Franklin Avenue, Croydon, PA 19021
Property in Bristol
Sold Mar 01, 2021
$300,000
$270,000 by Cmg Mortgage Inc
Mortgage Due Mar 01, 2051
Sold Dec 01, 2005
$252,350
$201,880 by American Mortgage Express Corp
Mortgage Due Dec 01, 2035
Local assessors in Croydon, PA have categorized 1040 Franklin Avenue as a residential type of property. The home was built in 1990 and is 34 years old. The property's lot size has been calculated to be 4,966 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1040 Franklin Avenue has a total of 1,152 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1040 Franklin Avenue was last sold in Jan 8, 2021 for $300,000. According to our calculations, that's $260.42 per sqft. Prior to that sales transaction, the property was sold for $252,350 in Nov 10, 2005. Current property owners are expected to pay $6,330 in taxes per year. The property on 1040 Franklin Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $23,480. To break that down further, the land itself was valued at $3,040. While improvements to the property were assessed at a total of $20,440. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,966
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,152
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NEWPORT VILLAGE
  • Land Acres: 0.114
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: 50X100 LOT 54 NEWPORT VILLAGE 5,000SF

Ownership

  • Current Owner : SHARMA VARUN
  • Previous Owner : LATIMER MARIE
  • Owner Before Previous Owner: GABLE ROBERT
  • Owner Before Previous Owner 2: WRIGHT DIANE F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bristol Township School District
  • School Tax School District: BRISTOL BORO SD
  • Census Tract: 100307

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: 05-022
  • District: 05
  • Parcel: 05-022-693
  • Block: 22
  • Lot: 54
  • Municipality: BRISTOL TOWNSHIP
  • Latitude: 40.1038
  • Longitude: -74.8933

    Address

  • Full Address: 1040 Franklin Ave
  • Address - House Number: 1040
  • Address - Street Name: Franklin
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Croydon
  • Carrier Code: C046
  • 4-Digit Zip Code: 5601
  • Zip Code: 19021

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,330
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.1811
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 378,301
  • High Value: 446,813
  • Low Value: 309,788

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,000
  • First Open Lien Mortgage Lender: CMG MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Mar 01, 2021
  • First Open Lien Mortgage Loan Amount: $270,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $249,787
  • Market Land Value: $32,340
  • Market Improvement Value: $217,447

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,480
  • Assessed Land Value: $3,040
  • Assessed Improvements Value: $20,440

    Sales

  • Current Sale Contract Date: Jan 08, 2021
  • Current Sale Recording Date: Mar 01, 2021
  • Current Sale Transaction ID: 11822322051
  • Current Sale Price: $300,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021019236
  • Previous Sale Recording Date: Dec 01, 2005
  • Previous Sale Contract Date: Nov 10, 2005
  • Previous Sale Amount: $252,350
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CMG MORTGAGE INC
  • First Mortgage Transaction Date: Mar 01, 2021
  • First Mortgage Loan Amount: $270,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN MORTGAGE EXPRESS CORP
  • Previous Mortgage Transaction Date: Dec 01, 2005
  • Previous Mortgage Loan Amount: $201,880
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Dec 01, 2035

About Croydon



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Frequently Asked Questions

What neighborhood is 1040 Franklin Avenue located in?
The 1040 Franklin Avenue is a located in the neighborhood of Bristol in Croydon, Croydon.
What is the average sales price for listings in 1040 Franklin Avenue?
The average sales price for units in 1040 Franklin Avenue is $0 currently.

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