413 Prospect Avenue

413 Prospect Avenue in Downingtown, PA was first built in 1973 and is 51 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 split level style. It is a single story home. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 413 Prospect Avenue has 2,568 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 basement is 672 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 11,354 square feet.

Learn more about the property and building on this page. 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. The exterior walls of the home are made of alum/vinyl siding. 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 electric heaters and being fueled with electricity. The property was last sold in Jan 13, 2012 for $237,000. That's $92.29 per sqft. Prior to that sales transaction, the property was also sold in Mar 28, 2005 for $255,000. 413 Prospect Avenue was last assessed in 2024. The total value of the property was assessed at $134,990. Specifically, the land the property is located on was valued at $36,550. While improvements on the property were assessed at a total of $98,440. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,502. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.