NOT LISTED FOR SALE

Estimated Value: $511,000 - $529,000

4 Beds
2 Baths
2,400 Sq Ft
$216/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $464,500 $194 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,139/month

Highlights

  • 0.26 Acre Lot
  • No HOA
  • Patio
  • Cape Cod Architecture
  • 2 Car Direct Access Garage
  • Outdoor Grill

About This Home

As of September 2022

Welcome Home to 1049 Edison Avenue in the Somerton Neighborhood of NE Philadelphia. This 4 bedroom 2 full bath two story colonial with finished basement and two car garage has been well cared for and it shows. From the moment you enter the front door, you will adore this layout. The large, bright, living room with hardwood floors and gorgeous brick wood burning fireplace, boasting built-in shelving, greets you, allowing you to imagine many an evening of relaxation. The formal dining room is currently being used for a home office and perhaps that is what you need, or this is easily envisioned as a dining area, ready for the next holiday or any entertaining. Follow through to find yourself in the lovely and expansive kitchen, featuring double windows that allow you to look out onto the fantastic rear yard, tons of wood cabinet and drawer storage, lots of granite counter space, updated appliances, two pantries, a coffee bar and a dining peninsula! From here you find the entrance to the sun room, a super cool, all purpose space highlighted by brick exterior wall and sun-filled windows, ready to relax, work, read or even make a part of the spectacular outdoor space. Out back you will find a fabulous space for a sunday afternoon bbq, a weeknight meal, play, gardening or anything you desire! The outdoor kitchen hosting a built in grill and mini fridge sits beneath the gorgeous pergola over the paver patio! On the other end is a large built in fire-pit ready for smores any night of the week! The flat well-maintained fully fenced in yard will surely be host to some wonderful memories! Back inside, you will find access to the nicely sized two car garage and entrance to the basement. Around the corner this main level also hosts one of the four bedrooms and a full bath. Upstairs you will find the three additional bedrooms along with a fantastic walk in closet, all sharing the full bath on this level. The basement is finished and hosts the large laundry room. This is a perfect extra living space, ready for work from home, workout, playroom or movie night! Just minutes from all major access routes and lifestyle amenities, this home has everything you are looking for! Make your appointment today for a private tour. 1 year home warranty is included!

Last Agent to Sell the Property

Joymarie DeFruscio-Achenbach

(484) 614-2204 jmcd211@gmail.com Keller Williams Realty Group License #RS312418 Listed on: 07/07/2022

Keller Williams Realty Group

Co-Listed By

Cory Rupe

(267) 269-8295 coryrupe@gmail.com Keller Williams Realty Group License #rs329304

Last Buyer's Agent

Rajan Samuel

(215) 435-1015 rajsam0707@gmail.com High Lite Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,126

Year Built

  • Built in 1960

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 69.00 x 163.00
  • Property is zoned RSD1

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Permanent Foundation
  • Masonry

Interior Spaces

  • Property has 2 Levels
  • Wood Burning Fireplace
  • Finished Basement
  • Laundry in Basement

Bedrooms and Bathrooms

Outdoor Features

  • Patio
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Electric Baseboard Heater
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • No Home Owners Association
  • Somerton Subdivision

Listing and Financial Details

  • Tax Lot 69
  • Assessor Parcel Number 583056600

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,126

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: washer, dryer, refrigerator
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-07-08
  • Federal Flood Zone: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Basement
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 2400
  • Price Per Sq Ft: 237.50
  • Above Grade Finished Sq Ft: 2000
  • Below Grade Finished Sq Ft: 400
  • Total Below Grade Sq Ft: 400
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 206360.00
  • Land Assessed Value: 88440.00
  • Lot Size Acres: 0.26
  • Lot Dimensions: 69.00 x 163.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11226.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: RSD1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1314914
  • School Tax: 2264.00
  • Tax Annual Amount: 4126.00
  • Assessor Parcel Number: 583056600
  • Tax Lot: 69
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Sep 9, 2022
Sold by
Richard Farrell
Bought by
Kottuppallil Fnu Cheriyan and Cheriyan Abin M
Seller's Agent
Joymarie DeFruscio-Achenbach
Keller Williams Realty Group
Buyer's Agent
Rajan Samuel
High Lite Realty LLC
List Price
$475,000
Sold Price
$464,500
Premium/Discount to List
-$10,500
-2.21%
Views
13
Current Estimated Value
$517,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,460
Avg. Annual Appreciation
3.53%
Original Mortgage
$450,565
Outstanding Balance
$429,751
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$88,209

Purchase Details

Listed on
Mar 20, 2014
Closed on
Jun 18, 2014
Sold by
Luisi Patricia I
Bought by
Farrell Richard
Seller's Agent
Irene Radziwicz
Delaware Valley Realtors
Buyer's Agent
VINCENT PRIMAVERA
Keller Williams Real Estate Tri-County
List Price
$339,000
Sold Price
$303,000
Premium/Discount to List
-$36,000
-10.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$242,400
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2010
Sold by
Luisi Suzanne and Luisi Patricia I
Bought by
Luisi Patricia I

Purchase Details

Closed on
Mar 21, 2006
Sold by
Luisi Suzanne
Bought by
Luisi Suzanne and Luisi Michael F

Purchase Details

Closed on
Oct 20, 2003
Sold by
Luisi Michael F and Luisi Patricia
Bought by
Luisi August and Luisi Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.29%
Mortgage Type
Purchase Money Mortgage
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
Kottuppallil Fnu Cheriyan $464,500 --
Farrell Richard $303,000 None Available
Luisi Patricia I -- None Available
Luisi Suzanne -- None Available
Luisi August $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kottuppallil Fnu Cheriyan $450,565
Previous Owner Farrell Richard $242,400
Previous Owner Luisi August $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2022 09/15/22 Sold $464,500 -2.2% $194 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $475,000 +56.8% $198 / Sq Ft
06/18/2014 06/18/14 Sold $303,000 -5.0% $170 / Sq Ft View Prior Sale
04/30/2014 04/30/14 Pending -- -- --
04/09/2014 04/09/14 Price Changed $319,000 -5.9% $179 / Sq Ft
03/20/2014 03/20/14 For Sale $339,000 -- $190 / 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 $4,979 $420,500 $84,100 $336,400
2025 $4,979 $420,500 $84,100 $336,400
2024 $4,979 $420,500 $84,100 $336,400
2023 $4,979 $355,700 $71,140 $284,560
2022 $4,127 $355,700 $71,140 $284,560
2021 $4,127 $0 $0 $0
2020 $4,127 $0 $0 $0
2019 $4,129 $0 $0 $0
2018 $3,515 $0 $0 $0
2017 $3,515 $0 $0 $0
2016 $3,515 $0 $0 $0
2015 $3,365 $0 $0 $0
2014 -- $251,100 $213,748 $37,352
2012 -- $43,168 $12,000 $31,168
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2133752

Bright MLS

APN: 583056600