NOT LISTED FOR SALE

116 W Ruscomb St Philadelphia, PA 19120

Olney Neighborhood

Estimated Value: $174,000 - $185,173

-- Bed
2 Baths
1,200 Sq Ft
$151/Sq Ft Est. Value

Last Sold September 29, 2021

Last sale price $150,000 $125 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,128/month

Highlights

  • Straight Thru Architecture
  • Forced Air Heating System
  • Property is in excellent condition
  • No HOA

About This Home

As of September 2021

PRICE REDUCTION! Great investment opportunity in the Olney section of the Northeast. Extremely well maintained Duplex, with front porch, front lawn, back yard.
2nd floor has a tenant moving in 8/1/21. $800/month.
First floor rents for $700, second floor rents for $800. Annual gross $18,,000
First floor is tenant occupied, month to month, creating your immediate cash flow.
Each unit has kitchen, 1 BR, 1 bath, living room.
Separate electric meters, gas, heater and hot water, all paid by your tenants. Basement laundry.
Recently painted, updated kitchen, newer windows, hardwood floor.
Great location near public transportation, shopping, and schools.
Hurry, inventory of available listed property is low!
24 hour notice required.

Last Agent to Sell the Property

Lawrence Leise

(856) 745-7958 lleise@cbpref.com Coldwell Banker Realty Listed on: 06/19/2021

Coldwell Banker Realty

Last Buyer's Agent

Muneerah Riser

(267) 340-3048 muneerah.riser@exprealty.com Century 21 Advantage Gold-Castor

Century 21 Advantage Gold-Castor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $994

Year Built

  • Built in 1940

Lot Details

  • 1,064 Sq Ft Lot
  • Lot Dimensions are 15.20 x 70.00
  • Property is in excellent condition

Home Design

  • Duplex
  • Straight Thru Architecture
  • Masonry

Interior Spaces

  • 1,200 Sq Ft Home
  • Natural lighting in basement

Utilities

  • Forced Air Heating System
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 126
  • Assessor Parcel Number 422147900

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Olney Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$994

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Remarks Public: PRICE REDUCTION! Great investment opportunity in the Olney section of the Northeast. Extremely well maintained Duplex, with front porch, front lawn, back yard. 2nd floor has a tenant moving in 8/1/21. $800/month. First floor rents for $700, second floor rents for $800. Annual gross $18,,000 First floor is tenant occupied, month to month, creating your immediate cash flow. Each unit has kitchen, 1 BR, 1 bath, living room. Separate electric meters, gas, heater and hot water, all paid by your tenants. Basement laundry. Recently painted, updated kitchen, newer windows, hardwood floor. Great location near public transportation, shopping, and schools. Hurry, inventory of available listed property is low! 24 hour notice required.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Daylight, Full
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 132.50
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 116

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
  • Electric Service: 100 Amp Service
  • 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
  • Association Recreation Fee: 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: 60350.00
  • Land Assessed Value: 10650.00
  • Land Use Code: U30
  • Lot Size Acres: 0.02
  • Lot Dimensions: 15.20 x 70.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1064.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: RSA5

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 1
  • Total Actual Rent: 18000.00
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1186917
  • School Tax: 545.00
  • Tax Annual Amount: 994.00
  • Assessor Parcel Number: 422147900
  • Tax Lot: 126
  • Tax Total Finished Sq Ft: 1200
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 09/29/2021

Multi Family

  • Number Of Units Vacant: 1
  • Gross Income: 18000.00

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2021
Closed on
Sep 29, 2021
Sold by
Cruz Ricardo S
Bought by
Lemar Manuel
Seller's Agent
Lawrence Leise
Coldwell Banker Realty
Buyer's Agent
Muneerah Riser
Century 21 Advantage Gold-Castor
List Price
$165,000
Sold Price
$150,000
Premium/Discount to List
-$15,000
-9.09%
Current Estimated Value
$181,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,058
Avg. Annual Appreciation
4.72%
Original Mortgage
$147,283
Interest Rate
2.98%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 17, 2013
Closed on
Oct 25, 2013
Sold by
Aponte Harold and Velez Melvin
Bought by
Curz Ricardo S
Seller's Agent
John Merrill
Homestarr Realty
Buyer's Agent
Lawrence Leise
Coldwell Banker Realty
List Price
$54,900
Sold Price
$50,000
Premium/Discount to List
-$4,900
-8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.08%
Original Mortgage
$37,500
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 18, 1984
Bought by
Aponte Harold and Velez Melvin-Milton
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lemar Manuel $150,000 Greater Montgomery Settlement
Curz Ricardo S $50,000 Title Services
Aponte Harold $14,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lemar Manuel $147,283
Previous Owner Curz Ricardo S $37,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2021 09/29/21 Sold $150,000 -5.7% $125 / Sq Ft
07/24/2021 07/24/21 Pending -- -- --
07/20/2021 07/20/21 Price Changed $159,000 -3.6% $133 / Sq Ft
06/19/2021 06/19/21 For Sale $165,000 +230.0% $138 / Sq Ft
12/06/2013 12/06/13 Sold $50,000 -8.9% $44 / Sq Ft View Prior Sale
09/25/2013 09/25/13 Pending -- -- --
06/17/2013 06/17/13 For Sale $54,900 -- $48 / 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 $2,142 $158,400 $31,680 $126,720
2024 $2,142 $158,400 $31,680 $126,720
2023 $2,142 $153,000 $30,600 $122,400
2022 $994 $153,000 $30,600 $122,400
2021 $994 $0 $0 $0
2020 $994 $0 $0 $0
2019 $896 $0 $0 $0
2018 $924 $0 $0 $0
2017 $924 $0 $0 $0
2016 $924 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $66,000 $5,426 $60,574
2012 -- $8,992 $815 $8,177
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lawrence Leise

    Coldwell Banker Realty

    (856) 745-7958

    1 in this area

    4 Total Sales

    Lawrence Leise
    Section Image
  • Muneerah Riser

    Buyer's Agent in 2021

    Muneerah Riser

    Century 21 Advantage Gold-Castor

    (267) 340-3048

    1 in this area

    3 Total Sales

    Muneerah Riser
    Section Image
  • John Merrill

    Seller's Agent in 2013

    John Merrill

    Homestarr Realty

    (267) 918-7152

    24 Total Sales

    John Merrill
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2002498

Bright MLS

APN: 422147900

Pennsylvania Philadelphia County Philadelphia 19120 Olney

116 W Ruscomb St, Philadelphia, PA

This home is located at 116 W Ruscomb St, Philadelphia, PA 19120 since 19 June 2021 and is currently estimated at $181,058, approximately $150 per square foot. This property was built in 1940. 116 W Ruscomb St is a home located in Philadelphia County with nearby schools including Olney Elementary School, Olney Charter High School, and Olney Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes