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314 Roosevelt Avenue

314 Roosevelt Avenue, Folsom, PA 19033
Property in Folsom
Sold Jun 08, 2023
$290,000
$275,500 by Meridian Bank
Mortgage Due Jul 01, 2053
Local assessors in Folsom, PA have categorized 314 Roosevelt Avenue as a residential type of property. The home was built in 1952 and is 72 years old. The property's lot size has been calculated to be 6,360 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 580 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 4 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 is also a partial bathroom. 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 314 Roosevelt Avenue has a total of 1,465 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. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of masonry were used in the construction of the exterior walls of the home. 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 gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 314 Roosevelt Avenue sold most recently in Jun 7, 2023 for a total of $290,000. If you work out the math, that's approximately a cost of $197.95 per sqft. 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 $6,363 in taxes each year. 314 Roosevelt Avenue was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $191,590. If we break it down further, the land itself was valued at $74,310. Improvements to the property, however, were assessed at a total of $117,280. 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: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Masonry
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,360
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 580
  • Total Building Area: 1,465
  • Gross Building Area: 1,465
  • Building Area: 1,465
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,465
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.146
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2 STY HSE 58 X 120 IRR

Ownership

  • Current Owner : CLENDENIN EVE HUNTER
  • Previous Owner : CONVERY JAMES
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Feb 26, 2024

Neighborhood

  • School District Name: Ridley School District
  • School Tax School District: RIDLEY SD
  • Census Tract: 404101

Geography

  • Assessors Map Reference: 38-14
  • Account Number: 3814194000
  • District: 38
  • Parcel: 38-05-00950-00
  • Block: 81
  • Municipality: RIDLEY TOWNSHIP
  • Latitude: 39.8867
  • Longitude: -75.3383

    Address

  • Full Address: 314 Roosevelt Ave
  • Address - House Number: 314
  • Address - Street Name: Roosevelt
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Folsom
  • Carrier Code: C006
  • 4-Digit Zip Code: 3131
  • Zip Code: 19033

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,363
  • Tax Rate Code Area: 38

    Appraisal Valuation

  • Standard Deviation: 0.2318
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 67
  • Final Value: 321,358
  • High Value: 395,864
  • Low Value: 246,851

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $290,000
  • First Open Lien Mortgage Lender: MERIDIAN BANK
  • First Open Lien Mortgage Recording Date: Jun 08, 2023
  • First Open Lien Mortgage Loan Amount: $275,500
  • 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: Jul 01, 2053
  • Second Open Lien Mortgage Lender: PENNSYLVANIA HSNG FIN AGENCY
  • Second Open Lien Mortgage Recording Date: Jun 08, 2023
  • Second Open Lien Mortgage Loan Amount: $14,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2053

    Market Valuation

  • Market Total Value: $191,590
  • Market Land Value: $74,310
  • Market Improvement Value: $117,280

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $191,590
  • Assessed Land Value: $74,310
  • Assessed Improvements Value: $117,280

    Sales

  • Current Sale Contract Date: Jun 07, 2023
  • Current Sale Recording Date: Jun 08, 2023
  • Current Sale Transaction ID: 11907735204
  • Current Sale Price: $290,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 19476

    Last Sale Mortgage

  • First Mortgage Lender: MERIDIAN BANK
  • First Mortgage Transaction Date: Jun 08, 2023
  • First Mortgage Loan Amount: $275,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2053
  • Second Mortgage Lender: PENNSYLVANIA HSNG FIN AGENCY
  • Second Mortgage Transaction Date: Jun 08, 2023
  • Second Mortgage Loan Amount: $14,500
  • Second Mortgage Terms: 360

About Folsom



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Frequently Asked Questions

What neighborhood is 314 Roosevelt Avenue located in?
The 314 Roosevelt Avenue is a located in the neighborhood of Folsom in Folsom, Folsom.
What is the average sales price for listings in 314 Roosevelt Avenue?
The average sales price for units in 314 Roosevelt Avenue is $0 currently.

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