Seller's Agent in 2022
Stephan Sitzai
Houwzer
(215) 688-7516
6 in this area
175 Total Sales
1142 S 7th St Philadelphia, PA 19147
Passyunk Square NeighborhoodEstimated Value: $296,000 - $571,000
--
Bed
1
Bath
1,640
Sq Ft
$263/Sq Ft
Est. Value
Highlights
- Deck
- Recessed Lighting
- 3-minute walk to Gold Star Park
- Upgraded Countertops
- Forced Air Heating and Cooling System
About This Home
As of May 2022Great Investment Opportunity! This classic townhome found very close to East Passyunk Ave, 9th St Italian Market, and Washington Ave is tucked away on a quiet and low traffic block. It is a 2 unit investment property with 2 beds and 1 bath in each unit. The lower unit Unit A faces Annin St and has its own entrance and a small 2nd floor deck. The upper unit, Unit B faces 7th St and has its own entrance from the 7th St side. Both units have modern features and the same design. The main living areas have gleaming wood-look tile flooring and recessed lighting throughout. The open kitchens are well equipped with new stainless steel appliances, stone countertops, charming tile backsplash, and tons of cabinets for storage. Both units have 2 bedrooms with a full hallway bath with shower and tub combo, their own individual laundry closets and plenty of closet storage making both floor plans ideal for a variety of tenant needs including roommates who want to share the space. The lower unit has a balcony perfect for grilling and outdoor seating. There is one owner for both condo units and the association in its entirety. Documents can be passed along to the new owner as to do as they wish. Both units are currently leased for $1695/month. Don’t miss this rare opportunity! Schedule an appointment to see this treasure today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,805
Year Built
- Built in 1920
Parking
- On-Street Parking
Home Design
- Duplex
- Brick Exterior Construction
- Stone Foundation
- Stucco
Interior Spaces
- 1,640 Sq Ft Home
- Recessed Lighting
- Window Treatments
- Upgraded Countertops
- Unfinished Basement
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- 2 Units
- Passyunk Square Subdivision
Listing and Financial Details
- Tax Lot 514
- Assessor Parcel Number 888022686
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 28, 2021
Closed on
May 10, 2022
Sold by
Abel Phillipsand Jessica and Austi Gregory
Bought by
Qiu Hui Mei and Qiu Tiesen
Seller's Agent
Stephan Sitzai
Houwzer, LLC
Buyer's Agent
Chris Wu
Century 21 Advantage Gold-South Philadelphia
List Price
$579,900
Sold Price
$565,000
Premium/Discount to List
-$14,900
-2.57%
Total Days on Market
149
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$133,655
Avg. Annual Appreciation
-10.05%
Purchase Details
Closed on
Oct 26, 2015
Sold by
Diplomat Holdings Llc
Bought by
Phillips Gregory and Abel Jessica
Purchase Details
Closed on
Jun 16, 2015
Sold by
Dgw Associates Llc
Bought by
Diplomat Holdings Llc
Purchase Details
Closed on
Oct 14, 2002
Sold by
Benedik Alex
Bought by
Dgw Associates Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.98%
Purchase Details
Closed on
Dec 15, 1994
Sold by
Camerote Anthony and Camerote Josephine
Bought by
Benedik Alex
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Qiu Hui Mei | $556,000 | None Listed On Document | |
| Phillips Gregory | $440,000 | None Available | |
| Diplomat Holdings Llc | $225,000 | None Available | |
| Dgw Associates Llc | $170,000 | T A Title Insurance Company | |
| Benedik Alex | $42,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Phillips Gregory A | $300,000 | |
| Previous Owner | Dgw Associates Llc | $189,000 | |
| Previous Owner | Dgw Associates Llc | $320,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2022 05/24/22 | Sold | $565,000 | -2.6% | $345 / Sq Ft |
| 03/27/2022 03/27/22 | Pending | -- | -- | -- |
| 03/15/2022 03/15/22 | For Sale | $579,900 | +2.6% | $354 / Sq Ft |
| 12/09/2021 12/09/21 | Off Market | $565,000 | -- | -- |
| 11/18/2021 11/18/21 | Price Changed | $579,900 | -3.2% | $354 / Sq Ft |
| 10/28/2021 10/28/21 | For Sale | $599,000 | -- | $365 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,994 | $268,000 | $40,000 | $228,000 |
| 2024 | $1,994 | $268,000 | $40,000 | $228,000 |
| 2023 | $1,994 | $230,800 | $34,500 | $196,300 |
| 2022 | $1,806 | $142,465 | $34,500 | $107,965 |
| 2021 | $1,806 | $0 | $0 | $0 |
| 2020 | $1,806 | $0 | $0 | $0 |
| 2019 | $1,705 | $0 | $0 | $0 |
| 2018 | $1,705 | $0 | $0 | $0 |
| 2017 | $1,705 | $0 | $0 | $0 |
| 2016 | $3,284 | $0 | $0 | $0 |
| 2015 | $3,144 | $0 | $0 | $0 |
| 2014 | -- | $234,600 | $12,279 | $222,321 |
| 2012 | -- | $33,600 | $3,091 | $30,509 |
Source: Public Records
Agents Affiliated with this Home
-
-
C
Buyer's Agent in 2022
Chris Wu
Century 21 Advantage Gold-South Philadelphia
(267) 266-1221
1 in this area
12 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2038980
APN: 888022686
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