NOT LISTED FOR SALE

1151 S 7th St Philadelphia, PA 19147

Passyunk Square Neighborhood

Estimated Value: $573,000 - $633,000

-- Bed
-- Bath
2,496 Sq Ft
$244/Sq Ft Est. Value

Last Sold November 27, 2013

Last sale price $283,250 $113 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $3,863/month

322 Days on Market

Highlights

  • No HOA
  • Heating System Uses Gas
  • 3-minute walk to Gold Star Park
  • En-Suite Primary Bedroom

About This Home

As of November 2013

Wonderful opportunity for a zoned multi-unit in Passyunk Square 1 block from Passyunk Avenue. First floor is a large studio with a spiral staircase leading to a finished basement. Second and third floors are a large house-sized 4 bedroom unit with a rooftop deck/ outdoor space. Ample storage in a basement and attached garage/ storage space (currently the garage is not doored for a car). This is easily a rent-generating investment or as a way to subsidize your mortgage payments (live in one and rent out the other). The 4 bedroom unit is currently rented month-to-month at 1,700/ month. Estimated rent is 1000+ for the studio.

Last Agent to Sell the Property

STEPHEN SEGUITI

Realty Mark Associates - KOP License #TREND:60042294 Listed on: 11/08/2012

Last Buyer's Agent

Vasili Barbounis

KW Empower

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,717

Year Built

  • Built in 1913

Lot Details

  • 960 Sq Ft Lot
  • Lot Dimensions are 16x60
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,496 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $1,657

Listing and Financial Details

  • Tax Lot 65
  • Assessor Parcel Number 021471000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,717

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1913
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2496
  • Living Area Sq Ft: 2496
  • Price Per Sq Ft: 119.79
  • Above Grade Finished Sq Ft: 2496
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco, Brick
  • Construction Completed: No
  • 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
  • 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

Schools

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

Lot Info

  • Improvement Assessed Value: 14904.00
  • Land Assessed Value: 2664.00
  • Land Use Code: U50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16X60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 960.00
  • Property Condition: Good
  • Zoning: R10A

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 885241
  • Tax Annual Amount: 1717.00
  • Assessor Parcel Number: 021471000
  • Tax Lot: 65
  • Tax Year: 2013
  • Close Date: 11/27/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2012
Closed on
Nov 25, 2013
Sold by
Wells Richard W and Wells Jennifer S
Bought by
Mercado Ismael
Seller's Agent
STEPHEN SEGUITI
Realty Mark Associates - KOP
Buyer's Agent
Vasili Barbounis
KW Empower
List Price
$369,000
Sold Price
$283,250
Premium/Discount to List
-$85,750
-23.24%
Current Estimated Value
$608,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,110
Avg. Annual Appreciation
6.58%
Original Mortgage
$278,118
Outstanding Balance
$206,188
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$392,328

Purchase Details

Closed on
Jul 22, 1977
Bought by
Richard Richard W and Richard Jennie
Source: Public Records

Range of Values:

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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
Mercado Ismael $283,250 None Available
Richard Richard W $10,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercado Ismael $278,118
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2013 11/27/13 Sold $283,250 -23.2% $113 / Sq Ft
09/26/2013 09/26/13 Pending -- -- --
11/08/2012 11/08/12 For Sale $369,000 -- $148 / 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
2025 $6,575 $455,600 $91,120 $364,480
2024 $6,575 $455,600 $91,120 $364,480
2023 $6,575 $469,700 $93,940 $375,760
2022 $5,193 $424,700 $93,940 $330,760
2021 $5,823 $0 $0 $0
2020 $5,823 $0 $0 $0
2019 $5,374 $0 $0 $0
2018 $3,670 $0 $0 $0
2017 $3,670 $0 $0 $0
2016 $3,670 $0 $0 $0
2015 $3,513 $0 $0 $0
2014 -- $262,200 $18,304 $243,896
2012 -- $17,568 $2,664 $14,904
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    STEPHEN SEGUITI

    Realty Mark Associates - KOP

  • Vasili Barbounis

    Buyer's Agent in 2013

    Vasili Barbounis

    KW Empower

    (215) 439-1002

    3 in this area

    67 Total Sales

    Vasili Barbounis
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Map

Source: Bright MLS

MLS Number: 1004157946

Bright MLS

APN: 021471000

Pennsylvania Philadelphia County Philadelphia 19147 Passyunk Square

1151 S 7th St, Philadelphia, PA

This home is located at 1151 S 7th St, Philadelphia, PA 19147 since 08 November 2012 and is currently estimated at $608,360, approximately $243 per square foot. This property was built in 1913. 1151 S 7th St is a home located in Philadelphia County with nearby schools including Vare-Washington Elementary School, Furness Horace High School, and St. Casimir School.

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