NOT LISTED FOR SALE

Estimated Value: $480,000

-- Bed
2 Baths
1,664 Sq Ft
$288/Sq Ft Est. Value

Last Sold June 04, 2015

Last sale price $130,000 $78 Per Sq Ft

Est. 269% increase in value since last sale

Current estimated payment $3,131/month

Highlights

  • No HOA
  • 4-minute walk to Ellsworth-Federal
  • Heating System Uses Gas
  • En-Suite Primary Bedroom

About This Home

As of June 2015

Rarely offered legal duplex in the heart of Point Breeze at 16th and Federal St! This is a corner property with two separate one bedroom apartments, separate utilities, 2 electric meters, 2 gas meters, each have separate heat as well (one unit has electric baseboards)-- lots of potential here! Clean them up and rent them and take advantage of the rapidly escalating values! Live in one unit and rent the other, or rent them both, lots of flexibility for this great investment piece! Walk to the Sardine Bar! Two blocks from Washington Ave, Graduate Hospital and Broad St. This is right in the sweet spot in the hot neighborhood of Point Breeze in Center City, Philadelphia.

Last Agent to Sell the Property

Michael McCann

mccann@mccannteam.com KW Empower License #AB049770L Listed on: 10/29/2014

KW Empower

Co-Listed By

Jim Onesti

jonesti@mccannteam.com KW Empower

Last Buyer's Agent

Anny Ding

(267) 231-1352 annyding@aol.com First Choice Real Estate Group License #RM425786

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,557

Year Built

  • Built in 1915

Lot Details

  • 832 Sq Ft Lot
  • Lot Dimensions are 16x52

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,664 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 166
  • Assessor Parcel Number 365118200

Community Details

Overview

  • No Home Owners Association
  • Point Breeze Subdivision

Building Details

  • Operating Expense $1,557

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,557

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1664
  • Living Area Sq Ft: 1664
  • Price Per Sq Ft: 90.11
  • Above Grade Finished Sq Ft: 1664
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1215

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: 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

  • Land Use Code: U30
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16X52
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 832.00
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 1557.00
  • Assessor Parcel Number: 365118200
  • Tax Lot: 166
  • Tax Year: 2015
  • Close Date: 06/04/2015

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2014
Closed on
Jun 4, 2015
Sold by
Carr Sylvia C and Whitaker Nettie M
Bought by
Jiang Chang Wu
Seller's Agent
Michael McCann
KW Empower
Buyer's Agent
Anny Ding
First Choice Real Estate Group
List Price
$200,000
Sold Price
$130,000
Premium/Discount to List
-$70,000
-35%
Current Estimated Value
$480,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,000
Avg. Annual Appreciation
13.42%

Purchase Details

Closed on
Jul 8, 1994
Bought by
Carr Sylvia C and Whitaker Nettie M
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
Jiang Chang Wu $130,000 None Available
Carr Sylvia C -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2015 06/04/15 Sold $130,000 -35.0% $78 / Sq Ft
04/08/2015 04/08/15 Pending -- -- --
10/29/2014 10/29/14 For Sale $200,000 -- $120 / 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 $7,005 $526,200 $105,240 $420,960
2024 $7,005 $526,200 $105,240 $420,960
2023 $7,005 $500,400 $100,080 $400,320
2022 $2,525 $500,400 $100,080 $400,320
2021 $2,525 $0 $0 $0
2020 $2,525 $0 $0 $0
2019 $2,347 $0 $0 $0
2018 $1,627 $0 $0 $0
2017 $1,627 $0 $0 $0
2016 $1,627 $0 $0 $0
2015 $1,557 $0 $0 $0
2014 -- $116,200 $11,734 $104,466
2012 -- $9,600 $1,920 $7,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003134700

Bright MLS

APN: 365118200