NOT LISTED FOR SALE

1216 S 7th St Philadelphia, PA 19147

Passyunk Square Neighborhood

Estimated Value: $344,000 - $488,000

3 Beds
1 Bath
1,269 Sq Ft
$319/Sq Ft Est. Value

Last Sold October 12, 2017

Last sale price $175,000 $138 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,513/month

Highlights

  • Straight Thru Architecture
  • Eat-In Kitchen
  • En-Suite Primary Bedroom
  • No HOA
  • Living Room
  • 2-minute walk to Louis P Paolone Sr Memorial Park

About This Home

As of October 2017

Three story row located in prime South Philly location. Living room, dining room with wood laminate floors, eat in kitchen on the 1st floor. Two bedrooms, full bath on the 2nd floor. 2 additional rooms on the 3rd floor. Property being sold strictly As Is. Buyer is responsible for the City Certification. Proof of Funds or Pre-Qualification letter required with all offers. There are multiple offers in on this property. All buyers highest and best offers are due to the listing agent by Wednesday, 8/2/17 at 9:00AM.

Last Agent to Sell the Property

Mitchell Cohen

(215) 732-5520 premierreo@aol.com Premier Real Estate Inc License #RM061436A Listed on: 07/31/2017

Last Buyer's Agent

Sam Cao

(267) 243-5317 samlinsencao@gmail.com Triamond Realty License #2079891

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,835

Year Built

  • Built in 1920

Lot Details

  • 743 Sq Ft Lot
  • Lot Dimensions are 14x55
  • Back Yard

Parking

  • On-Street Parking

Home Design

  • Straight Thru Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • 1,269 Sq Ft Home
  • Property has 3 Levels
  • Living Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Philadelphia Subdivision

Listing and Financial Details

  • Tax Lot 321
  • Assessor Parcel Number 021479400

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,835

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Stone
  • Levels Count: 3+
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Living Area Units: Square Feet
  • Total Sq Ft: 1269
  • Living Area Sq Ft: 1269
  • Net Sq Ft: 1269.00
  • Price Per Sq Ft: 102.36
  • Above Grade Finished Sq Ft: 1269
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Access To Pool: No
  • Roof: Flat
  • 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
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • 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
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 145597.00
  • Land Assessed Value: 56903.00
  • Lot Features: Rear Yard
  • Lot Size Acres: 0.02
  • Lot Dimensions: 14X55
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 743.00
  • Property Attached Yn: Yes
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 885315
  • Tax Annual Amount: 2835.00
  • Assessor Parcel Number: 021479400
  • Tax Lot: 321
  • Tax Year: 2017

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2018
Sold by
Cao Sam L
Bought by
Rosenberg Joshua D
Current Estimated Value
$404,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Outstanding Balance
$248,547
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$155,995

Purchase Details

Listed on
Jul 31, 2017
Closed on
Oct 2, 2017
Sold by
Reverse Mortgage Solutions Inc
Bought by
Cao Sam L
Seller's Agent
Mitchell Cohen
Premier Real Estate Inc
Buyer's Agent
Sam Cao
Triamond Realty
List Price
$129,900
Sold Price
$175,000
Premium/Discount to List
$45,100
34.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.94%

Purchase Details

Closed on
May 8, 2008
Sold by
Villante Joseph C
Bought by
Villante Joseph C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
3.43%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Mar 16, 2001
Sold by
Villante Joseph and Villante Florence
Bought by
Villante Joseph C and Villante Florence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.93%

Purchase Details

Closed on
Sep 7, 2000
Sold by
Villante Joseph
Bought by
Villante Joseph and Villante Florence

Purchase Details

Closed on
Aug 9, 1994
Sold by
Defelice Caroline
Bought by
Villante Joseph
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rosenberg Joshua D $320,000 Community First Abstract
Cao Sam L $175,000 None Available
Villante Joseph C -- First American Title Ins Co
Villante Joseph C -- --
Villante Joseph -- --
Villante Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosenberg Joshua D $288,000
Previous Owner Villante Joseph C $336,000
Previous Owner Villante Joseph C $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2017 10/12/17 Sold $175,000 +34.7% $138 / Sq Ft
08/14/2017 08/14/17 Pending -- -- --
07/31/2017 07/31/17 For Sale $129,900 -- $102 / 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
2026 $4,624 $351,100 $70,220 $280,880
2025 $4,624 $351,100 $70,220 $280,880
2024 $4,624 $351,100 $70,220 $280,880
2023 $4,624 $330,300 $66,060 $264,240
2022 $3,012 $285,300 $66,060 $219,240
2021 $3,642 $0 $0 $0
2020 $3,642 $0 $0 $0
2019 $3,361 $0 $0 $0
2018 $2,835 $0 $0 $0
2017 $2,835 $0 $0 $0
2016 $19,786 $0 $0 $0
2015 $19,786 $0 $0 $0
2014 -- $202,500 $14,256 $188,244
2012 -- $10,912 $1,493 $9,419
Source: Public Records

Agents Affiliated with this Home

  • Mitchell Cohen

    Seller's Agent in 2017

    Mitchell Cohen

    Premier Real Estate Inc

    (215) 732-5520

    3 in this area

    223 Total Sales

    Mitchell Cohen
    Section Image

  • S

    Buyer's Agent in 2017

    Sam Cao

    Triamond Realty

    (267) 243-5317

    23 Total Sales

    Sam Cao
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000431755

Bright MLS

APN: 021479400

Pennsylvania Philadelphia County Philadelphia 19147 Passyunk Square

1216 S 7th St, Philadelphia, PA

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