NOT LISTED FOR SALE

Estimated Value: $144,000 - $192,000

-- Bed
2 Baths
-- Sq Ft
868 Sq Ft Lot

Last Sold July 31, 2019

Last sale price $110,195

Est. 48% increase in value since last sale

Current estimated payment $976/month

153 Days on Market

Highlights

  • No HOA
  • 5-minute walk to 52Nd Street
  • 4-minute walk to Nichols Park
  • Forced Air Heating System

About This Home

As of July 2019

BACK ON THE MARKET! Great LEGAL duplex in an up & coming area in west Philadelphia! The first unit features 1 bedroom, 1 bathroom, living room, kitchen with sit-in area, finish basement with another half bath, and access to the small back yard.The second unit is more updated and features 1 bedroom, 1 updated bathroom and updated kitchen. The owner did some repairs recently and the property has a brand-new roof (with warranty) and skyline.The property will be a great fit for any investor who is looking for high cap rate (potential rent is 800-900 per unit), and anyone who is planning to occupy one of the units, and let the other person pay his/her rent! Don t wait and schedule your showing TODAY!

Last Agent to Sell the Property

Leron Grossman

Victory Real Estate, LLC License #RM423874 Listed on: 01/18/2019

Last Buyer's Agent

Neil Dessecker

RE/MAX One Realty - TCDT License #RS325498

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $717

Year Built

  • Built in 1925

Lot Details

  • 868 Sq Ft Lot

Home Design

  • Duplex
  • Masonry

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 441179300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$717

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1925
  • Remarks Public: BACK ON THE MARKET! Great LEGAL duplex in an up & coming area in west Philadelphia! The first unit features 1 bedroom, 1 bathroom, living room, kitchen with sit-in area, finish basement with another half bath, and access to the small back yard.The second unit is more updated and features 1 bedroom, 1 updated bathroom and updated kitchen. The owner did some repairs recently and the property has a brand-new roof (with warranty) and skyline.The property will be a great fit for any investor who is looking for high cap rate (potential rent is 800-900 per unit), and anyone who is planning to occupy one of the units, and let the other person pay his/her rent! Don t wait and schedule your showing TODAY!
  • Special Features: None

Interior Features

  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 115

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: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 43619.00
  • Land Assessed Value: 7581.00
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 868.00
  • Year Assessed: 2020
  • Zoning: RSA5

Rental Info

  • Total Actual Rent: 21600.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1199919
  • School Tax: 393.00
  • Tax Annual Amount: 717.00
  • Assessor Parcel Number: 441179300
  • Tax Lot: 57
  • Tax Data Updated: Yes
  • Tax Year: 2020
  • Close Date: 07/31/2019

Multi Family

  • Vacancy Allowance Rate: 10.00

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2019
Closed on
Jul 7, 2019
Sold by
Esnha Llc
Bought by
Mcnichol Daniel
Seller's Agent
Leron Grossman
Victory Real Estate, LLC
Buyer's Agent
Neil Dessecker
RE/MAX One Realty - TCDT
List Price
$129,999
Sold Price
$110,195
Premium/Discount to List
-$19,804
-15.23%
Current Estimated Value
$162,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,608
Avg. Annual Appreciation
7.69%
Original Mortgage
$82,270
Outstanding Balance
$72,815
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$99,857

Purchase Details

Closed on
Apr 6, 2012
Sold by
Davis Terrence Victor and Estate Of Mary L Davis
Bought by
Esnha Llc
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
Mcnichol Daniel $110,195 One Abstract Services Llc
Esnha Llc $24,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcnichol Daniel $82,270
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $110,195 -11.1% --
06/20/2019 06/20/19 Pending -- -- --
06/18/2019 06/18/19 Price Changed $123,999 -0.8% --
04/01/2019 04/01/19 Price Changed $124,999 -3.8% --
01/18/2019 01/18/19 For Sale $129,999 -- --
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 $1,064 $141,800 $28,360 $113,440
2024 $1,064 $141,800 $28,360 $113,440
2023 $1,064 $76,000 $15,200 $60,800
2022 $717 $76,000 $15,200 $60,800
2021 $717 $0 $0 $0
2020 $717 $0 $0 $0
2019 $690 $0 $0 $0
2018 $602 $0 $0 $0
2017 $602 $0 $0 $0
2016 $602 $0 $0 $0
2015 $800 $0 $0 $0
2014 -- $59,700 $4,077 $55,623
2012 -- $5,856 $832 $5,024
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH512486

Bright MLS

APN: 441179300