NOT LISTED FOR SALE

112 S 54th St Philadelphia, PA 19139

Cobbs Creek Neighborhood

Estimated Value: $215,000 - $306,000

-- Bed
-- Bath
2,480 Sq Ft
$105/Sq Ft Est. Value

Last Sold June 09, 2016

Last sale price $60,000 $24 Per Sq Ft

Est. 334% increase in value since last sale

Current estimated payment $1,673/month

Highlights

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

About This Home

As of June 2016

Large, two story, duplex consisting of two nice sized two bedroom apartments on each floor. Excellent rental potential. Located just off of 54th and Walnut, close to all forms of public transportation. Buyer is responsible for ordering the City Certification. Buyer pays 100% Transfer Tax. Property being sold under HUD Guidelines 24 CFR 206.125. Seller makes no representations or warranties as to condition.

Last Agent to Sell the Property

Mitchell Cohen

(215) 732-5520 premierreo@aol.com Premier Real Estate Inc License #RM061436A Listed on: 04/08/2016

Last Buyer's Agent

John Jiang

(267) 603-7807 johnzijiang@gmail.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,316

Year Built

  • Built in 1920

Lot Details

  • 1,946 Sq Ft Lot
  • Lot Dimensions are 20x99

Parking

  • On-Street Parking

Home Design

  • 2,480 Sq Ft Home
  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 204
  • Assessor Parcel Number 603148000

Community Details

Overview

  • No Home Owners Association
  • Philadelphia Subdivision

Building Details

  • Operating Expense $1,316

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,316

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: No
  • Total Sq Ft: 2480
  • Living Area Sq Ft: 2480
  • Price Per Sq Ft: 20.56
  • Above Grade Finished Sq Ft: 2480
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Flat
  • 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: No
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 84454.00
  • Land Assessed Value: 9546.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 20X99
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1946.00
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1326557
  • Tax Annual Amount: 1316.00
  • Assessor Parcel Number: 603148000
  • Tax Lot: 204
  • Tax Year: 2016

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2016
Closed on
May 26, 2016
Sold by
Fannie Mae
Bought by
Chen Xiu Y
Seller's Agent
Mitchell Cohen
Premier Real Estate Inc
Buyer's Agent
John Jiang
Long & Foster Real Estate, Inc.
List Price
$51,000
Sold Price
$60,000
Premium/Discount to List
$9,000
17.65%
Current Estimated Value
$260,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,500
Avg. Annual Appreciation
16.93%

Purchase Details

Closed on
Jan 23, 2016
Sold by
Clark Jean D and Bell Bruce Avery
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 10, 2000
Sold by
Clark Stephen and Clark Jean D
Bought by
Clark Jean D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
7.76%
Mortgage Type
Commercial
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
Chen Xiu Y $60,000 None Available
Federal National Mortgage Association $20,000 None Available
Clark Jean D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clark Jean D $22,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2016 06/09/16 Sold $60,000 +17.6% $24 / Sq Ft
04/26/2016 04/26/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $51,000 -- $21 / 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 $3,715 $281,300 $56,260 $225,040
2025 $3,715 $281,300 $56,260 $225,040
2024 $3,715 $281,300 $56,260 $225,040
2023 $3,715 $265,400 $53,080 $212,320
2022 $1,190 $265,400 $53,080 $212,320
2021 $1,190 $0 $0 $0
2020 $2,524 $0 $0 $0
2019 $2,259 $0 $0 $0
2018 $1,316 $0 $0 $0
2017 $1,316 $0 $0 $0
2016 $1,316 $0 $0 $0
2015 $1,435 $0 $0 $0
2014 -- $107,100 $9,546 $97,554
2012 -- $8,704 $2,391 $6,313
Source: Public Records

Agents Affiliated with this Home

  • Mitchell Cohen

    Seller's Agent in 2016

    Mitchell Cohen

    Premier Real Estate Inc

    (215) 732-5520

    6 in this area

    222 Total Sales

    Mitchell Cohen
    Section Image

  • J

    Buyer's Agent in 2016

    John Jiang

    Long & Foster

    (267) 603-7807

    1 Total Sale

    John Jiang
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002411600

Bright MLS

APN: 603148000

Pennsylvania Philadelphia County Philadelphia 19139 Cobbs Creek

112 S 54th St, Philadelphia, PA

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