NOT LISTED FOR SALE

1216 W Venango St Philadelphia, PA 19140

Franklinville Neighborhood

Estimated Value: $117,000 - $155,603

-- Bed
2 Baths
1,260 Sq Ft
$105/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $102,500 $81 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $770/month

37 Days on Market

Highlights

  • Traditional Architecture
  • 4-minute walk to Erie
  • 1-minute walk to Williams Moore Reed Memorial Park
  • Electric Baseboard Heater

About This Home

As of August 2023

Investor Opportunity! Legally zoned vacant duplex with (2) - 1 bedroom apartments. Gas & electric are separately metered.

Last Agent to Sell the Property

Rachel Fradkin

New Century Real Estate License #RS346206 Listed on: 05/31/2023

New Century Real Estate

Last Buyer's Agent

John Curtis

Keller Williams Main Line License #RS362375

Keller Williams Main Line

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $734

Year Built

  • Built in 1940

Lot Details

  • 601 Sq Ft Lot
  • Lot Dimensions are 14.00 x 43.00

Home Design

  • Duplex
  • Traditional Architecture
  • Stone Foundation
  • Masonry

Utilities

  • Electric Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 60
  • Assessor Parcel Number 432031900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$734

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Stone
  • Total Sq Ft: 1260
  • Living Area Sq Ft: 1260
  • Price Per Sq Ft: 136.79
  • Above Grade Finished Sq Ft: 840
  • Below Grade Finished Sq Ft: 420
  • Total Below Grade Sq Ft: 420
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1216

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
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: O30
  • Lot Size Acres: 0.01
  • Lot Dimensions: 14.00 x 43.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 601.00
  • Year Assessed: 2023
  • Zoning: RM1

Rental Info

  • Existing Lease Type: None
  • Vacation Rental: No

Tax Info

  • School Tax: 403.00
  • Tax Annual Amount: 734.00
  • Assessor Parcel Number: 432031900
  • Tax Lot: 60
  • Tax Total Finished Sq Ft: 840
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 08/10/2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2022
Sold by
Nice Guy Realty Llc
Bought by
Jmermholdings Ii Llc
Current Estimated Value
$129,557

Purchase Details

Closed on
Aug 6, 2021
Sold by
Abe Mojarad
Bought by
Nice Guy Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2011
Sold by
Hsbc Bank Usa Na
Bought by
Mojarad Abe

Purchase Details

Closed on
Jul 21, 2011
Sold by
Pressley Sharon
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Feb 17, 1998
Sold by
Casey Pauline
Bought by
Pressley Sharon L
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
Jmermholdings Ii Llc $70,000 None Listed On Document
Nice Guy Realty Llc $80,000 Choice One Abstract
Mojarad Abe $14,000 None Available
Hsbc Bank Usa Na $5,900 None Available
Pressley Sharon L $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brick Haven Properties Llc $161,250
Previous Owner Nice Guy Realty Llc $100,000
Previous Owner Pressley Sharon L $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2023 08/10/23 Sold $102,500 -10.8% $81 / Sq Ft
06/14/2023 06/14/23 Price Changed $114,900 -4.2% $91 / Sq Ft
06/07/2023 06/07/23 Price Changed $119,900 -4.1% $95 / Sq Ft
05/31/2023 05/31/23 For Sale $125,000 -- $99 / 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 $735 $133,400 $26,680 $106,720
2024 $735 $133,400 $26,680 $106,720
2023 $735 $52,500 $10,500 $42,000
2022 $419 $52,500 $10,500 $42,000
2021 $419 $0 $0 $0
2020 $419 $0 $0 $0
2019 $547 $0 $0 $0
2018 $573 $0 $0 $0
2017 $573 $0 $0 $0
2016 $573 $0 $0 $0
2015 $548 $0 $0 $0
2014 -- $40,900 $1,622 $39,278
2012 -- $2,496 $474 $2,022
Source: Public Records

Agents Affiliated with this Home

  • Rachel Fradkin

    Seller's Agent in 2023

    Rachel Fradkin

    New Century Real Estate

    (215) 888-4439

    1 in this area

    18 Total Sales

    Section Image

  • J

    Buyer's Agent in 2023

    John Curtis

    Keller Williams Main Line

    (267) 625-1069

    1 in this area

    41 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2241422

Bright MLS

APN: 432031900

Pennsylvania Philadelphia County Philadelphia 19140 Franklinville

1216 W Venango St, Philadelphia, PA

This home is located at 1216 W Venango St, Philadelphia, PA 19140 since 31 May 2023 and is currently estimated at $132,401, approximately $105 per square foot. This property was built in 1940. 1216 W Venango St is a home located in Philadelphia County with nearby schools including Mary McLeod Bethune School, Kenderton Elementary, and Laboratory Charter School.

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