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23 Prospect Avenue

23 Prospect Avenue, Bryn Mawr, PA 19010
Property in Bryn Mawr
Sold Jan 18, 2022
$480,000
$360,000 by Guaranteed Rate Inc
Mortgage Due Dec 01, 2051
Sold Jul 20, 2017
$245,000
23 Prospect Avenue in Bryn Mawr, PA was first built in 1920 and is 104 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 16 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 23 Prospect Avenue has 2,820 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 870. In total, the area measurement of the land is 4,351 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a no garage. The garage is 1,629 sqft. There are a total of 2 available parking spaces. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with oil. 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, 23 Prospect Avenue sold most recently in Nov 30, 2021 for a total of $480,000. If you work out the math, that's approximately a cost of $170.21 per sqft. Before that, the property was also sold for $245,000 in Jul 14, 2017. 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 $5,436 in taxes each year. 23 Prospect Avenue was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $130,180. If we break it down further, the land itself was valued at $24,660. Improvements to the property, however, were assessed at a total of $105,520. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 16
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Colonial
  • Exterior Walls Type: Stucco
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: None
  • Garage Square Area: 1,629
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,351
  • Lot Size Depth Feet: 870
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,820
  • Gross Building Area: 2,820
  • Building Area: 2,820
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,820
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.1
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: ASSESSOR BLOCK-UNIT NUMBER 9A-108

Ownership

  • Current Owner : MONDSCHEIN BRIAN
  • Previous Owner : MURRAY LAURA M
  • Owner Before Previous Owner: COUSINS ALTHEA L

Neighborhood

  • School District Name: Lower Merion School District
  • School Tax School District: LOWER MERION
  • Census Tract: 205000

Zoning

  • Zoning: R6A

Geography

  • Assessors Map Reference: 40-009A
  • District: 40
  • Parcel: 40-00-48012-00-8
  • Block: 9A
  • Lot: 108
  • Municipality: LOWER MERION TOWNSHIP
  • Latitude: 40.0225
  • Longitude: -75.3226

    Address

  • Full Address: 23 Prospect Ave
  • Address - House Number: 23
  • Address - Street Name: Prospect
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Bryn Mawr
  • Carrier Code: C006
  • 4-Digit Zip Code: 2604
  • Zip Code: 19010

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,436
  • Tax Rate Code Area: 40

    Appraisal Valuation

  • Standard Deviation: 0.1741
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 417,018
  • High Value: 489,626
  • Low Value: 344,410

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jan 18, 2022
  • First Open Lien Mortgage Loan Amount: $360,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $130,180
  • Market Land Value: $24,660
  • Market Improvement Value: $105,520

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $130,180
  • Assessed Land Value: $24,660
  • Assessed Improvements Value: $105,520

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Jan 18, 2022
  • Current Sale Transaction ID: 11882363455
  • Current Sale Price: $480,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 5716
  • Previous Sale Recording Date: Jul 20, 2017
  • Previous Sale Contract Date: Jul 14, 2017
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jan 18, 2022
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

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Frequently Asked Questions

What neighborhood is 23 Prospect Avenue located in?
The 23 Prospect Avenue is a located in the neighborhood of Bryn Mawr in Bryn Mawr, Bryn Mawr.
What is the average sales price for listings in 23 Prospect Avenue?
The average sales price for units in 23 Prospect Avenue is $0 currently.

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