NOT LISTED FOR SALE

1214 S 20th St Philadelphia, PA 19146

Point Breeze Neighborhood

Estimated Value: $719,000 - $990,000

6 Beds
6 Baths
2,916 Sq Ft
$283/Sq Ft Est. Value

Last Sold January 10, 2020

Last sale price $672,500 $231 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,603/month

14 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • En-Suite Bathroom
  • Combination Kitchen and Living
  • Forced Air Heating and Cooling System
  • 4-minute walk to Chew Playground

About This Home

As of January 2020

Perfect opportunity to purchase this brand-new duplex and start collecting income immediately. Each unit has 3 bedrooms & 3 bathrooms, open floor plan, stainless steel appliances, rooftop deck on the 2nd floor unit and back patio space for the 1st floor unit. It is the perfect location and home that tenants are looking for. Both units with tenants in place and bringing in $48,600 annually. 10 yr tax abatement in place! Great cap rate in the booming area of Point Breeze in South Philly. Close to public transportation, dining, and minutes away from center city that todays tenants want and need!

Last Agent to Sell the Property

Roman Ovrutsky

eRealty Advisors, Inc License #RS325249 Listed on: 11/19/2019

eRealty Advisors, Inc

Last Buyer's Agent

Karrie Gavin

Elfant Wissahickon-Rittenhouse Square License #RS317681

Elfant Wissahickon-Rittenhouse Square

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,370

Year Built

  • Built in 2019

Lot Details

  • 873 Sq Ft Lot
  • Sprinkler System

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Contemporary Architecture
  • Frame Construction

Interior Spaces

  • En-Suite Bathroom
  • 2,916 Sq Ft Home
  • Combination Kitchen and Living
  • Finished Basement

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,370

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2019
  • Remarks Public: Perfect opportunity to purchase this brand-new duplex and start collecting income immediately. Each unit has 3 bedrooms & 3 bathrooms, open floor plan, stainless steel appliances, rooftop deck on the 2nd floor unit and back patio space for the 1st floor unit. It is the perfect location and home that tenants are looking for. Both units with tenants in place and bringing in $48,600 annually. 10 yr tax abatement in place! Great cap rate in the booming area of Point Breeze in South Philly. Close to public transportation, dining, and minutes away from center city that todays tenants want and need!
  • Special Features: None

Interior Features

  • Interior Amenities: Combination Kitchen/Living, Primary Bath(s), Sprinkler System
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2916
  • Living Area Sq Ft: 2916
  • Price Per Sq Ft: 240.02
  • Above Grade Finished Sq Ft: 2916
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1214

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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

Lot Info

  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 873.00
  • Zoning: DUPLEX

Rental Info

  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2370.49
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2019
  • Close Date: 01/10/2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2019
Closed on
Jan 7, 2020
Sold by
Omega In Vestment Fund Llc
Bought by
Chuma Renee and Chuma Marc
Seller's Agent
Roman Ovrutsky
eRealty Advisors, Inc
Buyer's Agent
Karrie Gavin
Elfant Wissahickon-Rittenhouse Square
List Price
$699,900
Sold Price
$672,500
Premium/Discount to List
-$27,400
-3.91%
Current Estimated Value
$826,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,567
Avg. Annual Appreciation
3.71%
Original Mortgage
$504,375
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2018
Sold by
Ash Peter and Moses Deberah
Bought by
Omega Investment Fund Llc

Purchase Details

Closed on
May 2, 2003
Sold by
Moses Deberah
Bought by
Ash Peter M
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
Chuma Renee $672,500 Northwest Abstract Co Inc
Omega Investment Fund Llc $57,000 Springfield Abstrct Inc
Ash Peter M $10,880 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chuma Renee $500,000
Closed Chuma Renee $504,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2020 01/10/20 Sold $672,500 -3.9% $231 / Sq Ft
12/03/2019 12/03/19 Pending -- -- --
11/19/2019 11/19/19 For Sale $699,900 -- $240 / 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 $1,644 $609,900 $121,980 $487,920
2024 $1,644 $609,900 $121,980 $487,920
2023 $1,644 $587,100 $117,420 $469,680
2022 $1,644 $117,420 $117,420 $0
2021 $4,189 $0 $0 $0
2020 $1,729 $0 $0 $0
2019 $2,676 $0 $0 $0
2018 $1,480 $0 $0 $0
2017 $1,900 $0 $0 $0
2016 $1,900 $0 $0 $0
2015 $1,521 $0 $0 $0
2014 -- $113,500 $10,563 $102,937
2012 -- $7,680 $1,536 $6,144
Source: Public Records

Agents Affiliated with this Home

  • Roman Ovrutsky

    Seller's Agent in 2020

    Roman Ovrutsky

    eRealty Advisors, Inc

    (267) 242-2588

    32 Total Sales

    Roman Ovrutsky
    Section Image
  • Karrie Gavin

    Buyer's Agent in 2020

    Karrie Gavin

    Elfant Wissahickon-Rittenhouse Square

    (215) 260-1376

    18 in this area

    650 Total Sales

    Karrie Gavin
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH852126

Bright MLS

APN: 361190000

Pennsylvania Philadelphia County Philadelphia 19146 Point Breeze

1214 S 20th St, Philadelphia, PA

This home is located at 1214 S 20th St, Philadelphia, PA 19146 since 19 November 2019 and is currently estimated at $826,067, approximately $283 per square foot. This property was built in 2019. 1214 S 20th St is a home located in Philadelphia County with nearby schools including Edwin M. Stanton School, South Philadelphia High School, and St. Thomas Aquinas Catholic School.

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