Seller's Agent in 2017
Christopher Somers
KW Empower
(267) 987-4443
7 in this area
622 Total Sales
1222 Wallace St Philadelphia, PA 19123
Poplar NeighborhoodEstimated Value: $620,796 - $764,000
4
Beds
2
Baths
2,520
Sq Ft
$273/Sq Ft
Est. Value
Highlights
- Straight Thru Architecture
- 3-minute walk to Fairmount
- Eat-In Kitchen
- No HOA
- 1 Car Attached Garage
- Living Room
About This Home
As of June 2017Welcome to 1222 Wallace Street. Located a few blocks away from Spring Garden and Broad Streets. Walkable to Union Transfer and lots of restaurants. Built 8 years ago. This property offers four bedrooms and two full baths. First floor boasts spacious living room with open floor plan. Large eat-in kitchen with granite counter tops and stainless steel appliances. Hardwood flooring throughout entire home. Second floor offers two full bedrooms, oversized closets, one bathroom, washer/dryer. Third floor offers two more bedrooms. One large master bedroom with master bathroom suite with tiled stand up shower. Large walk-in closet and storage closet. Second bedroom also offers large wall closet. Finished basement large enough to be used as another bedroom for overnight guest or space for additional storage. Large cement yard great for entertaining. One car garage with two car drive-way parking. The lot size is 15X75. Sq Ft 1,734. Currently tenant occupied. Tenants are paying $2,500/monthly. Lease ends 7/31/17. Tenants would love to stay. Tax abatement ends 9/1/2020. Schedule your showing today.
Last Agent to Sell the Property
KW Empower License #RS278328 Listed on: 05/02/2017
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $926
Year Built
- Built in 2009
Lot Details
- 1,734 Sq Ft Lot
- Lot Dimensions are 15x75
Parking
- 1 Car Attached Garage
- 2 Open Parking Spaces
- Driveway
- On-Street Parking
Home Design
- Straight Thru Architecture
- Brick Exterior Construction
Interior Spaces
- 2,520 Sq Ft Home
- Property has 3 Levels
- Living Room
- Eat-In Kitchen
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Spring Arts Subdivision
Listing and Financial Details
- Tax Lot 52
- Assessor Parcel Number 141287920
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 2, 2017
Closed on
Jun 28, 2017
Sold by
Sems Richard and Sems Peggy
Bought by
Gao You Rock and Chen Feng
Seller's Agent
Christopher Somers
KW Empower
Buyer's Agent
Qin Yang
Canaan Realty Investment Group
List Price
$450,000
Sold Price
$465,000
Premium/Discount to List
$15,000
3.33%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,616
Avg. Annual Appreciation
4.49%
Original Mortgage
$372,000
Outstanding Balance
$314,654
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$350,133
Purchase Details
Closed on
May 28, 2009
Sold by
Greater Harvest Evangelistic Church
Bought by
Sems Richard and Sems Peggy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,500
Interest Rate
4.83%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Sep 13, 2005
Sold by
Philadelphia Housing Development Corp
Bought by
Balmer Selina
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gao You Rock | $465,000 | First City Abstract Agency I | |
| Sems Richard | $61,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gao You Rock | $372,000 | |
| Previous Owner | Sems Richard | $343,750 | |
| Previous Owner | Sems Richard | $308,500 | |
| Previous Owner | Sems Richard | $12,854 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2017 06/28/17 | Sold | $465,000 | +3.3% | $185 / Sq Ft |
| 05/12/2017 05/12/17 | Pending | -- | -- | -- |
| 05/02/2017 05/02/17 | For Sale | $450,000 | -- | $179 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $7,019 | $570,000 | $114,000 | $456,000 |
| 2024 | $7,019 | $570,000 | $114,000 | $456,000 |
| 2023 | $7,019 | $501,400 | $100,200 | $401,200 |
| 2022 | $7,180 | $501,400 | $100,200 | $401,200 |
| 2021 | $7,180 | $0 | $0 | $0 |
| 2020 | $7,180 | $0 | $0 | $0 |
| 2019 | $4,521 | $0 | $0 | $0 |
| 2018 | $926 | $0 | $0 | $0 |
| 2017 | $926 | $0 | $0 | $0 |
| 2016 | $924 | $0 | $0 | $0 |
| 2015 | $885 | $0 | $0 | $0 |
| 2014 | -- | $409,600 | $66,041 | $343,559 |
| 2012 | -- | $60,352 | $13,312 | $47,040 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2017
Shirlene Goff
KW Empower
(215) 219-9257
27 Total Sales
-
Buyer's Agent in 2017
Qin Yang
Canaan Realty Investment Group
(917) 856-9653
35 Total Sales
Map
Source: Bright MLS
MLS Number: 1003652089
APN: 141287920
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