NOT LISTED FOR SALE

Estimated Value: $131,524 - $173,000

-- Bed
2 Baths
1,192 Sq Ft
$124/Sq Ft Est. Value

Last Sold March 03, 2022

Last sale price $120,000 $101 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $825/month

Highlights

  • No HOA
  • 4-minute walk to 52Nd Street
  • 5-minute walk to Nichols Park
  • Forced Air Heating System
  • Electric Baseboard Heater

About This Home

As of March 2022

Here is a golden opportunity to purchase a multi family investment property. This duplex is fully occupied with long term tenants with leases. The property will need some work! The first floor unit has a one bedroom apartment. The second floor unit boasts a two bedroom apartment. This area is experiencing growth and development. The local rental market is exploding. Here is a great opportunity to enter the market at a vey reasonable price point. The property is being sold in AS-IS condition. The seller will make no repairs. The buyer is responsible for all transfer tax, the resale certification (u&o) and any required repairs. The property will be delivered with the current tenants. Cash offers and a quick settlement preferred.

Last Agent to Sell the Property

Keith Chennault Smith

(215) 531-0481 keiththecloser@chennaultrealestate.com Chennault Real Estate Inc License #RM426186 Listed on: 12/16/2021

Last Buyer's Agent

Joe Brady

(267) 401-4291 joebradyrealty@gmail.com BHHS Fox & Roach-Center City Walnut License #339079

BHHS Fox & Roach-Center City Walnut

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $606

Year Built

  • Built in 1920

Lot Details

  • 1,008 Sq Ft Lot
  • Lot Dimensions are 16.00 x 63.00

Parking

  • On-Street Parking

Home Design

  • 1,192 Sq Ft Home
  • Duplex
  • Brick Foundation
  • Masonry

Utilities

  • Forced Air Heating System
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 041095100

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Gross Income $17,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$606

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: sellers personal property, tenants personal property!
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 1192
  • Living Area Sq Ft: 1192
  • Price Per Sq Ft: 113.26
  • Above Grade Finished Sq Ft: 1192
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Baseboard - Electric, Forced Air
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 36862.00
  • Land Assessed Value: 6438.00
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16.00 x 63.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1008.00
  • Zoning: RM1

Rental Info

  • Number Of Units Month To Month: 2
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 897976
  • School Tax: 333.00
  • Tax Annual Amount: 606.00
  • Assessor Parcel Number: 041095100
  • Tax Data Updated: No
  • Tax Year: 2021

Multi Family

  • Gross Scheduled Income: 17100.00
  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2021
Closed on
Feb 3, 2022
Sold by
Monica Brown
Bought by
Zebrowski Dominik and Zebrowski Anna
Seller's Agent
Keith Chennault Smith
Chennault Real Estate Inc
Buyer's Agent
Joe Brady
BHHS Fox & Roach-Center City Walnut
List Price
$135,000
Sold Price
$120,000
Premium/Discount to List
-$15,000
-11.11%
Current Estimated Value
$147,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,841
Avg. Annual Appreciation
5.87%
Original Mortgage
$90,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 1989
Bought by
Brown Moniea and Bowens Elester
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zebrowski Dominik $120,000 None Listed On Document
Brown Moniea $3,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zebrowski Dominik $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2022 03/03/22 Sold $120,000 -11.1% $101 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
12/16/2021 12/16/21 For Sale $135,000 -- $113 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $606 $147,700 $29,540 $118,160
2025 $606 $147,700 $29,540 $118,160
2024 $606 $147,700 $29,540 $118,160
2023 $606 $43,300 $6,400 $36,900
2022 $606 $43,300 $6,400 $36,900
2021 $606 $0 $0 $0
2020 $606 $0 $0 $0
2019 $584 $0 $0 $0
2018 $480 $0 $0 $0
2017 $480 $0 $0 $0
2016 $480 $0 $0 $0
2015 $584 $0 $0 $0
2014 -- $43,600 $4,420 $39,180
2012 -- $5,504 $2,867 $2,637
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2056814

Bright MLS

APN: 041095100