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716 Madison Avenue

716 Madison Avenue, Prospect Park, PA 19076
Property in Prospect Park
Sold May 23, 2019
$215,000
$206,196 by Quicken Loans Inc
Mortgage Due Jun 01, 2049
Sold Oct 25, 2012
$187,000
$183,612 by Prosperity Mortgage Co
Mortgage Due Nov 01, 2042
716 Madison Avenue has been categorized by the local assessors in Prospect Park, PA as a residential type of property. The building on the property was first built in 1990 and is 34 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 716 Madison Avenue has 1,360 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,302 ft and across the front of the lot is 280 ft. The area measurement of the land has been determined as 3,354 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with stone control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 716 Madison Avenue was last sold in May 9, 2019 for $215,000. According to our calculations, that's $158.09 per sqft. Prior to that sales transaction, the property was sold for $187,000 in Oct 19, 2012. Current property owners are expected to pay $5,845 in taxes per year. The property on 716 Madison Avenue was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $173,690. To break that down further, the land itself was valued at $45,220. While improvements to the property were assessed at a total of $128,470. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 3,354
  • Lot Size Depth Feet: 1,302
  • Lot Size Frontage Feet: 280
  • 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 BLDRS INC
  • Land Acres: 0.077
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 2STY HSE 28 X 130.17 LOT 4

Ownership

  • Current Owner : LOTT ALYSSA
  • Current Owner 2: PELLEGRINO GEORGE
  • Previous Owner : DOYLE JOHN
  • Previous Owner 2: DOYLE MICHELE SINICK
  • Owner Before Previous Owner: PHILLIPS MICHAEL W
  • Owner Before Previous Owner 2: PHILLIPS KATHLEEN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: 33-05
  • Account Number: 3305155004
  • District: 33
  • Parcel: 33-00-01135-03
  • Block: 30
  • Lot: 4
  • Municipality: PROSPECT PARK BOROUGH
  • Latitude: 39.8818
  • Longitude: -75.3111

    Address

  • Full Address: 716 Madison Ave
  • Address - House Number: 716
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Prospect Park
  • Carrier Code: C002
  • 4-Digit Zip Code: 2312
  • Zip Code: 19076

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,845
  • Tax Rate Code Area: 33

    Appraisal Valuation

  • Standard Deviation: 0.1954
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 306,945
  • High Value: 366,945
  • Low Value: 246,946

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $211,551
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: May 23, 2019
  • First Open Lien Mortgage Loan Amount: $206,196
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2049
  • Second Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • Second Open Lien Mortgage Recording Date: Sep 10, 2021
  • Second Open Lien Mortgage Loan Amount: $5,355
  • Second Open Lien Mortgage Term: 332
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2049

    Market Valuation

  • Market Total Value: $173,690
  • Market Land Value: $45,220
  • Market Improvement Value: $128,470

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $173,690
  • Assessed Land Value: $45,220
  • Assessed Improvements Value: $128,470

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 09, 2019
  • Current Sale Recording Date: May 23, 2019
  • Current Sale Transaction ID: 11657528453
  • Current Sale Price: $215,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2019026218
  • Previous Sale Recording Date: Oct 25, 2012
  • Previous Sale Contract Date: Oct 19, 2012
  • Previous Sale Amount: $187,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: May 23, 2019
  • First Mortgage Loan Amount: $206,196
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: PROSPERITY MORTGAGE CO
  • Previous Mortgage Transaction Date: Oct 25, 2012
  • Previous Mortgage Loan Amount: $183,612
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2042

About Prospect Park



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Frequently Asked Questions

What neighborhood is 716 Madison Avenue located in?
The 716 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 716 Madison Avenue?
The average sales price for units in 716 Madison Avenue is $0 currently.

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