NOT LISTED FOR SALE

Estimated Value: $530,376 - $575,000

-- Bed
2 Baths
1,897 Sq Ft
$294/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $537,500 $283 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,611/month

61 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • 5-minute walk to Sacks Playground
  • Solid Hardwood Flooring
  • Property is in very good condition

About This Home

As of May 2024

Two-units investment property for sale in Philadelphia. Well-maintained duplex for sale in the Queen Village section of Center City with two bi-level apartments generating $48,000. in gross annual income. The 2nd and 3rd-floor unit is a 2-bedroom and 1.5-bathroom apartment with a separate dining room, living room, and kitchen on the main level. There is also a terrace off the living room. 2nd floor pays $2,150. per month. The first-floor unit has a large backyard. Two bedrooms and one bathroom are on the main level and the kitchen and living room areas are on the lower level. It is rented for $1850. per month. Each apartment includes a clothes washer and dryer, dishwasher, gas stove for cooking, and central heat and air conditioning. From this location, you have access to many great restaurants, cafes, grocery stores, and parks. It's walkable to everything in Center City.

Last Agent to Sell the Property

Tom Englett

BHHS Fox & Roach At the Harper, Rittenhouse Square License #RS277112 Listed on: 01/12/2024

BHHS Fox & Roach At the Harper, Rittenhouse Square

Last Buyer's Agent

Jeff Scott

Keller Williams Real Estate -Exton License #RS349452

Keller Williams Real Estate -Exton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,919

Year Built

  • Built in 1915

Lot Details

  • 1,167 Sq Ft Lot
  • Lot Dimensions are 16.00 x 79.00
  • Property is in very good condition

Home Design

  • Duplex
  • Traditional Architecture
  • Stone Foundation
  • Masonry

Flooring

  • Solid Hardwood
  • Ceramic Tile

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 402
  • Assessor Parcel Number 021445635

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,919

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Remarks Public: Two-units investment property for sale in Philadelphia. Well-maintained duplex for sale in the Queen Village section of Center City with two bi-level apartments generating $48,000. in gross annual income. The 2nd and 3rd-floor unit is a 2-bedroom and 1.5-bathroom apartment with a separate dining room, living room, and kitchen on the main level. There is also a terrace off the living room. 2nd floor pays $2,150. per month. The first-floor unit has a large backyard. Two bedrooms and one bathroom are on the main level and the kitchen and living room areas are on the lower level. It is rented for $1850. per month. Each apartment includes a clothes washer and dryer, dishwasher, gas stove for cooking, and central heat and air conditioning. From this location, you have access to many great restaurants, cafes, grocery stores, and parks. It's walkable to everything in Center City.
  • Special Features: None

Interior Features

  • Flooring Type: Solid Hardwood, Ceramic Tile
  • Foundation Details: Stone
  • Total Sq Ft: 1897
  • Living Area Sq Ft: 1897
  • Price Per Sq Ft: 328.11
  • Above Grade Finished Sq Ft: 1722
  • Below Grade Finished Sq Ft: 175
  • Total Below Grade Sq Ft: 175
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1025

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 79.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1167.00
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: RM1

Rental Info

  • Existing Lease Type: Yearly
  • Rent Control: No
  • Total Actual Rent: 48000.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 3796.00
  • Tax Annual Amount: 6919.00
  • Assessor Parcel Number: 021445635
  • Tax Lot: 402
  • Tax Year: 2023
  • Close Date: 05/06/2024

Multi Family

  • 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
Jan 12, 2024
Closed on
May 3, 2024
Sold by
1025 South 6Th Street Llc
Bought by
Rangasamy Vijayamurugan and Sivanantham Mahalakshme
Seller's Agent
Tom Englett
BHHS Fox & Roach At the Harper, Rittenhouse Square
Buyer's Agent
Jeff Scott
Keller Williams Real Estate -Exton
List Price
$585,000
Sold Price
$537,500
Premium/Discount to List
-$47,500
-8.12%
Views
30
Current Estimated Value
$556,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,292
Avg. Annual Appreciation
2.77%
Original Mortgage
$376,250
Outstanding Balance
$371,309
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$185,483

Purchase Details

Listed on
Sep 11, 2017
Closed on
Feb 26, 2018
Sold by
Patel Kanesh and Patel Payel
Bought by
1025 South 6Th Street Llc
Seller's Agent
David Snyder
KW Empower
Buyer's Agent
Frank Jacovini
Century 21 Advantage Gold-South Philadelphia
List Price
$599,999
Sold Price
$545,000
Premium/Discount to List
-$54,999
-9.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.22%
Original Mortgage
$381,500
Interest Rate
4.32%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Oct 27, 2011
Closed on
Jun 21, 2012
Sold by
Hewlett Dennis A and Kelly Geraldine
Bought by
Patel Kanesh and Patel Payel
Seller's Agent
Joanne Colino
Elfant Wissahickon-Chestnut Hill
Buyer's Agent
Vasili Barbounis
KW Empower
List Price
$369,000
Sold Price
$360,000
Premium/Discount to List
-$9,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.52%
Original Mortgage
$288,000
Interest Rate
3.78%
Mortgage Type
Commercial

Purchase Details

Closed on
May 23, 2003
Sold by
Digenova Stephanie
Bought by
Hewlett Dennis A and Kelly Geraldine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,050
Interest Rate
5.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 24, 2001
Sold by
Shames Philip
Bought by
Digenova Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,900
Interest Rate
7.05%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rangasamy Vijayamurugan $537,500 Trident Land Transfer
1025 South 6Th Street Llc $545,000 None Available
Patel Kanesh $360,000 None Available
Hewlett Dennis A $259,000 --
Digenova Stephanie $134,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rangasamy Vijayamurugan $376,250
Previous Owner 1025 South 6Th Street Llc $340,000
Previous Owner 1025 South 6Th Street Llc $425,000
Previous Owner 1025 South 6Th St Llc $381,500
Previous Owner 1025 South 6Th Street Llc $381,500
Previous Owner Patel Kanesh $288,000
Previous Owner Hewlett Dennis A $246,050
Previous Owner Digenova Stephanie $132,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2024 05/06/24 Sold $537,500 -4.9% $283 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
03/04/2024 03/04/24 Price Changed $565,000 -3.4% $298 / Sq Ft
01/12/2024 01/12/24 For Sale $585,000 +7.3% $308 / Sq Ft
03/09/2018 03/09/18 Sold $545,000 -5.2% $237 / Sq Ft
01/26/2018 01/26/18 Pending -- -- --
01/09/2018 01/09/18 Price Changed $574,999 -2.5% $250 / Sq Ft
12/13/2017 12/13/17 Price Changed $589,999 -1.7% $257 / Sq Ft
09/11/2017 09/11/17 For Sale $599,999 +66.7% $261 / Sq Ft
06/21/2012 06/21/12 Sold $360,000 -2.4% $218 / Sq Ft
04/17/2012 04/17/12 Pending -- -- --
10/27/2011 10/27/11 For Sale $369,000 -- $223 / 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
2025 $6,919 $525,400 $105,080 $420,320
2024 $6,919 $525,400 $105,080 $420,320
2023 $6,919 $494,300 $98,860 $395,440
2022 $7,804 $494,300 $98,860 $395,440
2021 $7,804 $0 $0 $0
2020 $7,804 $0 $0 $0
2019 $5,526 $0 $0 $0
2018 $4,699 $0 $0 $0
2017 $4,699 $0 $0 $0
2016 $4,699 $0 $0 $0
2015 $1,637 $0 $0 $0
2014 -- $122,200 $26,753 $95,447
2012 -- $17,600 $4,005 $13,595
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2310998

Bright MLS

APN: 021445635