NOT LISTED FOR SALE

Estimated Value: $148,000 - $169,000

-- Bed
2 Baths
1,348 Sq Ft
$117/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $125,000 $93 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,068/month

68 Days on Market

Highlights

  • Straight Thru Architecture
  • 4-minute walk to 52Nd Street
  • No HOA
  • Union Mill Elementary School Rated A-
  • Wood Flooring
  • Porch

About This Home

As of September 2020

Attention Investors or Handyman alike for this would be cash flow duplex property, located in West Philadelphia, close to shopping on 52nd St, in close proximity to all public transportation, and schools. The 1st floor has 1 bedroom, 1 bath with a kitchen/living/dining room, with access to the unfinished basement. Can add another 1 bedroom in the basement to eventually increase the rent base. The 2nd floor has 2 bedrooms, 1 bath with a living/kitchen/dining room. Major renovations are already done, just need to do minor finishing. Plumbing and minor porch alteration are done and work to put the one main breaker to the back of the property has been completed two weeks ago and passed inspection, now awaiting for the main inspection to clear the pulled permits. Pulled permits are available upon request. These two units can generate a projected annual gross rent of $23,100 and can go up to $25,200 with the addition of one bedroom to the basement. Schedule your showing today!

Last Agent to Sell the Property

Edgardo Arquitola

(267) 939-4705 ed.arquitola@foxroach.com Realty Mark Associates-CC License #RS331318 Listed on: 03/21/2020

Realty Mark Associates-CC

Last Buyer's Agent

Edgardo Arquitola

(267) 939-4705 ed.arquitola@foxroach.com Realty Mark Associates-CC License #RS331318 Listed on: 03/21/2020

Realty Mark Associates-CC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,239

Year Built

  • Built in 1925 | Remodeled in 2019

Lot Details

  • 1,132 Sq Ft Lot
  • Lot Dimensions are 15.50 x 73.00
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Straight Thru Architecture
  • Flat Roof Shape
  • Masonry

Kitchen

  • Electric Oven or Range
  • Built-In Microwave

Flooring

  • Wood
  • Laminate
  • Tile or Brick
  • Ceramic Tile

Outdoor Features

  • Exterior Lighting
  • Porch

Location

  • Urban Location

Utilities

  • Electric Baseboard Heater
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 441170800

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 2-Story Building
  • West Philadelphia Subdivision

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,239

Year Built

Built in 1925 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Inclusions: 2 microwaves, one oven
  • New Construction: No
  • Year Built: 1925
  • Year Renovated: 2019
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Appliances: Built-In Microwave, Oven/Range - Electric
  • Flooring Type: Ceramic Tile, Laminated, Tile/Brick
  • Interior Amenities: Wood Floors
  • Wall Ceiling Types: Dry Wall
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1948
  • Living Area Sq Ft: 1348
  • Price Per Sq Ft: 96.44
  • Above Grade Finished Sq Ft: 1348
  • Below Grade Sq Ft: 600
  • Total Below Grade Sq Ft: 600
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Exterior Lighting, Sidewalks
  • Roof: Flat
  • 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
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 75225.00
  • Land Assessed Value: 13275.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 15.50 x 73.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1132.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Zoning: RSA5

Rental Info

  • Existing Lease Type: None
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1199840
  • School Tax: 680.00
  • Tax Annual Amount: 1239.00
  • Assessor Parcel Number: 441170800
  • Tax Lot: 22
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Number Of Units Vacant: 2
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2020
Closed on
Sep 15, 2020
Sold by
Lizardo Julius C
Bought by
Ojuolape Arcade Ltd
Seller's Agent
Edgardo Arquitola
Realty Mark Associates-CC
Buyer's Agent
Edgardo Arquitola
Realty Mark Associates-CC
List Price
$130,000
Sold Price
$125,000
Premium/Discount to List
-$5,000
-3.85%
Current Estimated Value
$157,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,801
Avg. Annual Appreciation
4.56%

Purchase Details

Closed on
Mar 4, 2014
Sold by
Stateside Philly Llc
Bought by
Dany T Investments Llc

Purchase Details

Closed on
Mar 22, 1967
Bought by
Frank Anderson and Frank Joyce
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ojuolape Arcade Ltd $125,000 Alpert Abstract Llc
Dany T Investments Llc $30,000 Fidelity Title Abstract Co
Stateside-Philly Llc $19,000 Fidelity Title Abstract Co
Frank Anderson -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2020 09/15/20 Sold $125,000 -3.8% $93 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
03/21/2020 03/21/20 For Sale $130,000 -- $96 / 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 $2,853 $164,600 $32,920 $131,680
2025 $2,853 $164,600 $32,920 $131,680
2024 $2,853 $164,600 $32,920 $131,680
2023 $2,853 $203,800 $40,760 $163,040
2022 $1,239 $203,800 $40,760 $163,040
2021 $1,239 $0 $0 $0
2020 $1,239 $0 $0 $0
2019 $1,193 $0 $0 $0
2018 $701 $0 $0 $0
2017 $701 $0 $0 $0
2016 $701 $0 $0 $0
2015 $899 $0 $0 $0
2014 -- $67,100 $5,544 $61,556
2012 -- $7,008 $1,366 $5,642
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH885106

Bright MLS

APN: 441170800