See Home Value
$305,000
House - Off Market

1300 MELROSE TER

FOLSOM, PA 19033
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1555 Sqft
$1,424
Estimated Monthly
$0
HOA / Fees

About This Property

1300 Melrose Terrace is a beautifully maintained corner property that has been loved by the current owners for over 15 years. This cozy 3 Bedroom 2 Full Bath Cape Cod style home includes a Family Room and a finished Lower Level with a wet bar giving you lots of living space for you to enjoy. It is conveniently located in Folsom allowing for great walkability to Caffeinato (a corner coffee shop) and quick access to public transportation and major highways. This Folsom gem is ready to be made your own.  Book an appointment today!
Unit Size
1,555Ft²
Days on Market
35 days
Land Size
0.21 acres
Price per sqft
$186
Property Type
House
Property Taxes
$573
HOA Dues
-
Year Built
1945
Last updated: 5 months ago (Bright MLS #PADE2057448)

Price History

Date / Event Date Event Price
Dec 28, 2023 Sold to Patrick J Grant $305,000
Sold to Patrick J Grant
Nov 26, 2023 In contract -
In contract
Nov 15, 2023 Listed by BHHS Fox & Roach-Media $289,900
Listed by BHHS Fox & Roach-Media

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Cape Cod
  • Exterior Walls Type: Stucco
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,407
  • Lot Size Depth Feet: 1,289
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,555
  • Gross Building Area: 1,555
  • Building Area: 1,555
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,555
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PLAN FOR WILLIAM N ZENSEN
  • Land Acres: 0.193
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HSE 70 X 128.94

Ownership

  • Current Owner : GRANT PATRICK J
  • Previous Owner : HANSEN KURT T
  • Owner Before Previous Owner: COSTELLO JAMES PATRICK
  • Owner Before Previous Owner 2: COSTELLO DIANE CATHERINE
  • 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: 38-09
  • Account Number: 3809372000
  • District: 38
  • Parcel: 38-03-01297-00
  • Block: 80
  • Municipality: RIDLEY TOWNSHIP
  • Latitude: 39.8981
  • Longitude: -75.3247

    Address

  • Full Address: 1300 Melrose Ter
  • Address - House Number: 1300
  • Address - Street Name: Melrose
  • Address - Suffix Type: Ter
  • State: PA
  • City Name: Folsom
  • Carrier Code: C001
  • 4-Digit Zip Code: 1503
  • Zip Code: 19033

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,601
  • Tax Rate Code Area: 38

    Appraisal Valuation

  • Standard Deviation: 0.1033
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 90
  • Final Value: 291,476
  • High Value: 321,606
  • Low Value: 261,346

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $274,500
  • First Open Lien Mortgage Lender: NORWICH COMMERCIAL GROUP, INC.
  • First Open Lien Mortgage Recording Date: Dec 28, 2023
  • First Open Lien Mortgage Loan Amount: $274,500
  • 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: Jan 01, 2054

    Market Valuation

  • Market Total Value: $198,760
  • Market Land Value: $61,900
  • Market Improvement Value: $136,860

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $198,760
  • Assessed Land Value: $61,900
  • Assessed Improvements Value: $136,860

    Sales

  • Current Sale Contract Date: Dec 20, 2023
  • Current Sale Recording Date: Dec 28, 2023
  • Current Sale Transaction ID: 11918422903
  • Current Sale Price: $305,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 45667
  • Previous Sale Recording Date: Mar 28, 2006
  • Previous Sale Contract Date: Mar 22, 2006
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORWICH COMMERCIAL GROUP, INC.
  • First Mortgage Transaction Date: Dec 28, 2023
  • First Mortgage Loan Amount: $274,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: CCO MORTGAGE CORP
  • Previous Mortgage Transaction Date: Mar 28, 2006
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2036



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
1,056 ft²
$246/ft²
$260,000 Mar 10, 2023
$260,000 Aug 10, 2023
-
House
3 Beds
3 Baths
2,245 ft²
$111/ft²
$249,900 Apr 8, 2019
$249,900 Aug 9, 2019
-
House
4 Beds
2 Baths
1,512 ft²
$180/ft²
$272,000 Feb 18, 2020
$272,000 Apr 15, 2020
-
In Contract
House
3 Beds
2 Baths
1,516 ft²
$224/ft²
$339,900 Dec 18, 2023
-
-
House
3 Beds
2 Baths
1,312 ft²
$202/ft²
$265,000 Dec 13, 2023
-
-
House
3 Beds
1 Bath
1,156 ft²
$241/ft²
$279,000 Nov 24, 2023
-
-
House
2 Beds
2 Baths
1,102 ft²
$254/ft²
$280,000 Dec 8, 2023
-
-

About Morton


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Frequently Asked Questions

When was property at 1300 Melrose Terrace built and last sold?
The property at 1300 Melrose Terrace was built in 1945 and last sold on Dec 20, 2023 for $305,000.
How much is this home worth?
The estimated value of the home located at 1300 Melrose Terrace is $299,513.
What are some comparable homes to 1300 Melrose Terrace?
Homes that are comparable to 1300 Melrose Terrace include a house property at 698 2nd Avenue, 622 Swarthmore Avenue, 601 Folsom Avenue.

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