NOT LISTED FOR SALE

1040 Johnston St Philadelphia, PA 19148

South Philadelphia East Neighborhood

Estimated Value: $322,000 - $391,000

-- Bed
1 Bath
1,250 Sq Ft
$284/Sq Ft Est. Value

Last Sold May 03, 2017

Last sale price $265,000 $212 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,346/month

9 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heating System Uses Gas
  • En-Suite Primary Bedroom

About This Home

As of May 2017

This is a turn key duplex in the Sports Complex District! It's one block from Oregon Ave corridor for easy access to all major highways, and public transportation. The first floor is a one bedroom unit with modern finishes and is rented for 1000 a month. 2nd floor unit has been tenant occupied for over 10 years for 800 a month. There is a separate entrance to the basement that has a shared washer and dryer and finished space that could be used as an additional office or extra storage. This can be combined with 1113 Moyamensing for a package deal.

Last Agent to Sell the Property

Nigel Richards

Compass RE License #RS291337 Listed on: 01/25/2017

Compass RE

Co-Listed By

Eddie Tully

Coldwell Banker Realty License #RS277252

Coldwell Banker Realty

Last Buyer's Agent

Eddie Tully

Coldwell Banker Realty License #RS277252

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,772

Year Built

  • Built in 1960

Lot Details

  • 1,325 Sq Ft Lot
  • Lot Dimensions are 20x66

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,250 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 399
  • Assessor Parcel Number 395048100

Community Details

Overview

  • No Home Owners Association
  • Philadelphia Subdivision

Building Details

  • Insurance Expense $1,299
  • Maintenance Expense $400
  • Other Expense $300
  • Operating Expense $4,611

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,772

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 300.00
  • Year Built: 1960
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1250
  • Living Area Sq Ft: 1250
  • Price Per Sq Ft: 208.00
  • Above Grade Finished Sq Ft: 1250
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1040

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 840.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Land Use Code: U30
  • Lot Size Acres: 0.03
  • Lot Dimensions: 20X66
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1325.00
  • Property Attached Yn: Yes
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 21600.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 1772.00
  • Assessor Parcel Number: 395048100
  • Tax Lot: 399
  • Tax Year: 2017
  • Close Date: 05/03/2017

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2017
Closed on
May 3, 2017
Sold by
Nicodemo Noel C
Bought by
Liu Lijion
Seller's Agent
Nigel Richards
Compass RE
Buyer's Agent
Eddie Tully
Coldwell Banker Realty
List Price
$260,000
Sold Price
$265,000
Premium/Discount to List
$5,000
1.92%
Current Estimated Value
$355,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,402
Avg. Annual Appreciation
3.61%
Original Mortgage
$260,200
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 14, 2014
Sold by
Nicodemo Anthony J and Nicodemo Noel C
Bought by
Nicodemo Noel C

Purchase Details

Closed on
Sep 11, 2008
Sold by
Nicodemo Anthony J and Nicodemo Noel C
Bought by
Nicodemo Anthony J and Nicodemo Noel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
6.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 9, 2006
Sold by
Nicodemo Anthony J and Nicodemo Anthony N
Bought by
Nicodemo Anthony J and Nicodemo Noel C

Purchase Details

Closed on
Jan 1, 2006
Sold by
Nicodemo Anthony J
Bought by
Nicodemo Anthony N and Nicodemo Ann Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
May 24, 2005
Sold by
Nicodemo Anthony N and Nicodemo Ann Marie E
Bought by
Nicodemo Anthony J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 8, 2003
Sold by
Nicodemo Anthony J
Bought by
Nicodemo Anthony N and Nicodemo Marie E

Purchase Details

Closed on
Jun 15, 1999
Sold by
Kanoff Saul
Bought by
Nicodemo Anthony
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Liu Lijion $265,000 Reo Elite Abstract Inc
Nicodemo Noel C -- None Available
Nicodemo Anthony J -- None Available
Nicodemo Anthony J -- None Available
Nicodemo Anthony N -- None Available
Nicodemo Anthony J -- --
Nicodemo Anthony N -- --
Nicodemo Anthony $56,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Lijion $55,356
Previous Owner Liu Lijion $260,200
Previous Owner Nicodemo Anthony J $35,000
Previous Owner Nicodemo Anthony J $15,000
Previous Owner Nicodemo Ann Marie $147,658
Previous Owner Nicodemo Anthony J $615,000
Previous Owner Nicodemo Anthony J $130,000
Previous Owner Nicodemo Anthony J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2017 05/03/17 Sold $265,000 +1.9% $212 / Sq Ft
02/03/2017 02/03/17 Pending -- -- --
01/25/2017 01/25/17 For Sale $260,000 0.0% $208 / Sq Ft
12/01/2016 12/01/16 Rented $1,000 0.0% --
11/16/2016 11/16/16 Under Contract -- -- --
10/17/2016 10/17/16 For Rent $1,000 -- --
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 $4,919 $320,100 $64,020 $256,080
2024 $4,919 $320,100 $64,020 $256,080
2023 $4,919 $351,400 $70,280 $281,120
2022 $4,117 $351,400 $70,280 $281,120
2021 $4,117 $0 $0 $0
2020 $4,117 $0 $0 $0
2019 $3,799 $0 $0 $0
2018 $1,772 $0 $0 $0
2017 $1,772 $0 $0 $0
2016 $1,772 $0 $0 $0
2015 $1,696 $0 $0 $0
2014 -- $126,600 $25,191 $101,409
2012 -- $19,744 $2,680 $17,064
Source: Public Records

Agents Affiliated with this Home

  • Nigel Richards

    Seller's Agent in 2017

    Nigel Richards

    Compass RE

    (215) 327-5521

    2 in this area

    105 Total Sales

    Nigel Richards
    Section Image
  • Eddie Tully

    Seller Co-Listing Agent in 2017

    Eddie Tully

    Coldwell Banker Realty

    (215) 880-7747

    2 Total Sales

    Eddie Tully
    Section Image
  • Joseph Cleary

    Buyer's Agent in 2016

    Joseph Cleary

    KW Empower

    (215) 778-4356

    1 in this area

    82 Total Sales

    Joseph Cleary
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003215391

Bright MLS

APN: 395048100

Pennsylvania Philadelphia County Philadelphia 19148 South Philadelphia East

1040 Johnston St, Philadelphia, PA

This home is located at 1040 Johnston St, Philadelphia, PA 19148 since 25 January 2017 and is currently estimated at $355,402, approximately $284 per square foot. This property was built in 1960. 1040 Johnston St is a home located in Philadelphia County with nearby schools including South Philadelphia High School, Fell D Newlin School, and Mastery Charter Thomas Elementary School.

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