StatusAccepting Backup Offers (ACTIVE UNDER CONTRACT)
About 314 Welcome Ave
This beautifully restored 4-bedroom, 3-bath Colonial Victorian features an open-concept living and dining area, perfect for daily life and entertaining. The first floor includes a bedroom and a dedicated laundry room for added convenience. The kitchen is equipped with modern appliances, including a gas stove, ample storage, and natural light throughout. Upstairs are three bedrooms and a large full bath, including a primary suite with an en-suite bathroom. The third floor offers a flexible attic space, suitable to fit a variety of uses. Recent upgrades include a brand new metal roof installed, a new HVAC system, and central air. Outside, the property includes off-street parking and mature trees for added privacy. Located on a quiet block, the home provides easy access to major highways, the airport, and commuter rail services (12 minutes by rail to UPenn) blending historic character with modern updates.
This property is $99.9K more than the Median Sold Price and $35/SqFt more than other homes in Norwood, PA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #PADE2076636
Listing Office:
Office Name: Keller Williams Real Estate - Media
Office Phone: (610) 565-1995
Listing Agent: Bex Schaffer
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,063
Per Month
Principal & Interest
$1,996
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,265
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Walter M. Senkow Elementary School
15 Lamont Ave
Distance between this listing and this school1.00 miles
Public District Grades 1-5
5
/10
Amosland Elementary School
549 Amosland Rd
Distance between this listing and this school1.07 miles
Public District Grades KG-5
4
/10
Leedom Elementary School
620 E Chester Pike
Distance between this listing and this school1.20 miles
Public District Grades KG-5
Nearby Schools
6
/10
Prospect Park School
10th & Pennsylvania Avenues
Distance between this listing and this school0.46 miles
Public District Grades 1-8
6
/10
Norwood School
558 Seneca Ave
Distance between this listing and this school0.48 miles
Public District Grades 1-8
6
/10
Glenolden School
Macdade & Knowles
Distance between this listing and this school0.90 miles
Public District Grades 1-8
Nearby Schools
4
/10
Interboro High School
16th & Amosland Road
Distance between this listing and this school0.33 miles
Public District Grades 9-12
6
/10
Ridley High School
901 Morton Ave
Distance between this listing and this school1.88 miles
Public District Grades 9-12
2
/10
Academy Park High School
300 Calcon Hook Rd
Distance between this listing and this school2.02 miles
The neighbors living near this home have an average income of $55,856. The majority of Norwood, PA residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 314 Welcome Ave
What is the listing price of this property?
The listing price of 314 Welcome Ave property is $399,900.
What type of property is this?
The property 314 Welcome Ave is a house located in Norwood, Pennsylvania, 19074.
Is this property for sale now?
Accepting Backup Offers: 314 Welcome Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $8,668 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 314 Welcome Ave has 4 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 314 Welcome Ave is 1,850 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 314 Welcome Ave is 1920.
This home is located at 314 Welcome Ave in Norwood, PA and zip code 19074. This 1,850 square foot home, which was built in 1920, sits on a 0.17 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $399,900.
In October 2024, from all listings sold in Norwood, PA there were more than 3 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price. The inventory of homes for sale in Norwood, PA between September 2024 and October 2024 decreased by 4.5%. While the average time on the market in October 2024 was 17 days, the median list price was $300,000.
From Rocket Homes Real Estate and based on county public records data.