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703 Madison Avenue

703 Madison Avenue, Prospect Park, PA 19076
Property in Prospect Park
Sold Jul 14, 2022
$280,000
$271,600 by Mortgage Access Corp
Mortgage Due Jul 01, 2052
Sold Sep 11, 2020
$235,000
Seller
$223,250 by Advisors Mortgage Group Llc
Mortgage Due Sep 01, 2050
703 Madison Avenue in Prospect Park, PA was first built in 1989 and is 35 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 duplex style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 703 Madison Avenue has 1,360 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 300 ft and the linear feet between the front and back of the lot is 970. In total, the area measurement of the land is 3,136 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. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with stone control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. 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 a central heating system and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 703 Madison Avenue was last sold in Jun 22, 2022 for $280,000. According to our calculations, that's $205.88 per sqft. Prior to that sales transaction, the property was sold for $235,000 in Aug 20, 2020. Current property owners are expected to pay $5,640 in taxes per year. The property on 703 Madison Avenue was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $167,590. To break that down further, the land itself was valued at $44,990. While improvements to the property were assessed at a total of $122,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Building Style

Colonial
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • 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: 3,136
  • Lot Size Depth Feet: 970
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,360
  • Gross Building Area: 1,360
  • Building Area: 1,360
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,360
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: JOHN MICHAEL THOMAS BUILDERS INC
  • Land Acres: 0.072
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 2 STY HSE 30 X 97 LOT 3

Ownership

  • Current Owner : KINGSBOROUGH DAVID
  • Current Owner 2: KINGSBOROUGH KELSEY
  • Previous Owner : DANIEL MADONNA
  • Owner Before Previous Owner: CRAY STACY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Interboro School District
  • School Tax School District: INTERBORO SD
  • Census Tract: 403800

Geography

  • Assessors Map Reference: 33-05
  • Account Number: 3305166002
  • District: 33
  • Parcel: 33-00-01774-00
  • Lot: 3
  • Municipality: PROSPECT PARK BOROUGH
  • Latitude: 39.882
  • Longitude: -75.3106

    Address

  • Full Address: 703 Madison Ave
  • Address - House Number: 703
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Prospect Park
  • Carrier Code: C002
  • 4-Digit Zip Code: 2333
  • Zip Code: 19076

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,640

    Appraisal Valuation

  • Standard Deviation: 0.219
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 69
  • Final Value: 294,852
  • High Value: 359,450
  • Low Value: 230,255

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $271,600
  • First Open Lien Mortgage Lender: MORTGAGE ACCESS CORP
  • First Open Lien Mortgage Recording Date: Jul 14, 2022
  • First Open Lien Mortgage Loan Amount: $271,600
  • 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, 2052

    Market Valuation

  • Market Total Value: $167,590
  • Market Land Value: $44,990
  • Market Improvement Value: $122,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $167,590
  • Assessed Land Value: $44,990
  • Assessed Improvements Value: $122,600

    Sales

  • Current Sale Contract Date: Jun 22, 2022
  • Current Sale Recording Date: Jul 14, 2022
  • Current Sale Transaction ID: 11892434084
  • Current Sale Price: $280,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 38723
  • Previous Sale Recording Date: Sep 11, 2020
  • Previous Sale Contract Date: Aug 20, 2020
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE ACCESS CORP
  • First Mortgage Transaction Date: Jul 14, 2022
  • First Mortgage Loan Amount: $271,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: ADVISORS MORTGAGE GROUP LLC
  • Previous Mortgage Transaction Date: Sep 11, 2020
  • Previous Mortgage Loan Amount: $223,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2050

About Prospect Park



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Frequently Asked Questions

What neighborhood is 703 Madison Avenue located in?
The 703 Madison Avenue is a located in the neighborhood of Prospect Park in Prospect Park, Prospect Park.
What is the average sales price for listings in 703 Madison Avenue?
The average sales price for units in 703 Madison Avenue is $0 currently.

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