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124 7th Avenue

124 7th Avenue, Folsom, PA 19033
House in Folsom
Sold May 30, 2019
$297,500
$287,087 by First Heritage Financial Llc
Mortgage Due Jun 01, 2049
Sold Mar 14, 2019
$185,745
124 7th Avenue has been categorized by the local assessors in Folsom, PA as a residential type of property. The building on the property was first built in 2005 and is 19 years old. The home has a total of 10 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 124 7th Avenue has 1,880 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,300 ft and across the front of the lot is 900 ft. The area measurement of the land has been determined as 11,892 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with stone control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 124 7th Avenue sold most recently in May 17, 2019 for a total of $297,500. If you work out the math, that's approximately a cost of $158.24 per sqft. Before that, the property was also sold for $185,745 in Jan 17, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,973 in taxes each year. 124 7th Avenue was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $270,180. If we break it down further, the land itself was valued at $56,140. Improvements to the property, however, were assessed at a total of $214,040. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Aluminum Siding
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Stone
  • Building Style: Duplex
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,892
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,880
  • Gross Building Area: 1,880
  • Building Area: 1,880
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,880
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: JOSEPH A GALLAGHER
  • Land Acres: 0.273
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 2 STY HSE 5 855SF LOT 1

Ownership

  • Current Owner : SCANLAN DAVID
  • Current Owner 2: SCANLAN JACLYNN
  • Previous Owner : RRR GROUP LLC
  • Owner Before Previous Owner: THE BANK OF NEW YORK MELLON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ridley School District
  • School Tax School District: RIDLEY SD
  • Census Tract: 410602

Geography

  • Assessors Map Reference: 38-14
  • Account Number: 3814365000
  • District: 38
  • Parcel: 38-03-02126-00
  • Block: 81
  • Lot: 1
  • Municipality: RIDLEY TOWNSHIP
  • Latitude: 39.8922
  • Longitude: -75.3327

    Address

  • Full Address: 124 7th Ave
  • Address - House Number: 124
  • Address - Street Name: 7th
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Folsom
  • Carrier Code: C003
  • 4-Digit Zip Code: 2708
  • Zip Code: 19033

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,973
  • Tax Rate Code Area: 38

    Appraisal Valuation

  • Standard Deviation: 0.2208
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 69
  • Final Value: 409,192
  • High Value: 499,558
  • Low Value: 318,827

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $326,762
  • First Open Lien Mortgage Lender: FIRST HERITAGE FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Oct 28, 2019
  • First Open Lien Mortgage Loan Amount: $287,087
  • 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: Jun 01, 2049
  • Second Open Lien Mortgage Lender: UPPER DERBY BELITELCO FCU
  • Second Open Lien Mortgage Recording Date: May 26, 2023
  • Second Open Lien Mortgage Loan Amount: $39,675
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 17, 2033

    Market Valuation

  • Market Total Value: $270,180
  • Market Land Value: $56,140
  • Market Improvement Value: $214,040

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $270,180
  • Assessed Land Value: $56,140
  • Assessed Improvements Value: $214,040

    Sales

  • Current Sale Contract Date: May 17, 2019
  • Current Sale Recording Date: May 30, 2019
  • Current Sale Transaction ID: 11657052515
  • Current Sale Price: $297,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2019027746
  • Previous Sale Recording Date: Mar 14, 2019
  • Previous Sale Contract Date: Jan 17, 2019
  • Previous Sale Amount: $185,745
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HERITAGE FINANCIAL LLC
  • First Mortgage Transaction Date: May 30, 2019
  • First Mortgage Loan Amount: $292,111
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2049

About Folsom



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Frequently Asked Questions

What neighborhood is 124 7th Avenue located in?
The 124 7th Avenue is a house located in the neighborhood of Folsom in Folsom, Folsom.
What is the average sales price for listings in 124 7th Avenue?
The average sales price for units in 124 7th Avenue is $0 currently.

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