NOT LISTED FOR SALE

Estimated Value: $416,000 - $682,000

-- Bed
3 Baths
2,097 Sq Ft
$262/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $330,000 $157 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,609/month

332 Days on Market

Highlights

  • Central Air
  • Heating Available
  • 3-minute walk to Girard (Bss)

About This Home

As of February 2024

Welcome to the sale of a fabulous duplex located at 1232 N 15th St, nestled in the vibrant neighborhood of 15th and Stiles. This exceptional property is situated in an area experiencing significant development, making it an ideal investment opportunity.

The duplex comprises two generously-sized and luminous bi-level units, each with its own distinct charm. The first-floor unit is currently rented until August 1st, offering immediate rental income of $1300 per month. Its spacious layout provides ample room for comfortable living, and the abundance of natural light creates a warm and inviting atmosphere.

Taxes were appealed and won

City reassessed property value to $420,000

The upstairs unit, also bi-level, has been previously rented for $1700 per month, showcasing its desirability among tenants seeking a superior living experience. With its airy design and well-appointed rooms, this unit provides an excellent potential for rental income or personal occupancy.

The location of this duplex is truly exceptional, as it sits amidst a flourishing neighborhood that is attracting numerous development projects. Residents will have convenient access to a wide array of amenities, including trendy restaurants, vibrant entertainment venues, and stylish boutiques. Additionally, the proximity to public transportation and major roadways ensures easy commuting to various destinations throughout the city.

Whether you are an astute investor seeking a lucrative opportunity or a discerning homeowner looking for a property that offers both comfort and potential, this duplex at 1232 N 15th St presents an enticing proposition. Don't miss your chance to own a piece of this thriving neighborhood and enjoy the benefits of a versatile and profitable property.

Last Agent to Sell the Property

Moshe Adika

TCS Management, LLC License #2333829 Listed on: 03/17/2023

Last Buyer's Agent

Eric Prine

Compass RE

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,696

Year Built

  • Built in 1915

Lot Details

  • 1,002 Sq Ft Lot
  • Lot Dimensions are 16.00 x 65.00

Home Design

  • 2,097 Sq Ft Home
  • Duplex
  • Masonry

Utilities

  • Central Air
  • Heating Available

Community Details

  • 2 Units
  • 1 Vacant Unit

Listing and Financial Details

  • Tax Lot 200
  • Assessor Parcel Number 471189200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,696

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Stories: 0

Interior Features

  • Room Count: 7
  • Total Sq Ft: 2097
  • Living Area Sq Ft: 2097
  • Price Per Sq Ft: 166.43
  • Above Grade Finished Sq Ft: 2097
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1232

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: Yes
  • Cooling Type: Central A/C
  • Heating: Yes
  • 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: U50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16.00 x 65.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1002.00
  • Year Assessed: 2023
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 4223.00
  • Tax Annual Amount: 7696.00
  • Assessor Parcel Number: 471189200
  • Tax Lot: 200
  • Tax Total Finished Sq Ft: 2097
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 02/29/2024

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Feb 15, 2024
Sold by
1232 North 15Th Street Lp
Bought by
Bitanga Rafael and Lee David
Seller's Agent
Moshe Adika
TCS Management, LLC
Buyer's Agent
Eric Prine
Compass RE
List Price
$399,000
Sold Price
$330,000
Premium/Discount to List
-$69,000
-17.29%
Views
111
Current Estimated Value
$549,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,000
Avg. Annual Appreciation
40.40%
Original Mortgage
$330,000
Outstanding Balance
$324,801
Interest Rate
6.6%
Mortgage Type
VA
Estimated Equity
$224,199

Purchase Details

Closed on
Apr 25, 2012
Sold by
Ewald Joseph Aptrick
Bought by
1232 North 15Th Street Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 22, 2008
Sold by
Todd Joseph Properties Llc
Bought by
Ewald Joseph Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 10, 2007
Sold by
Nasir Tarik
Bought by
Todd Joseph Properties Llc

Purchase Details

Closed on
Jun 4, 2007
Sold by
Halty Clarence E and Halty Marie L
Bought by
Nasir Tarik
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
Bitanga Rafael $330,000 World Wide Land Transfer
1232 North 15Th Street Lp $270,000 First American Title Insuran
Ewald Joseph Patrick $273,000 None Available
Todd Joseph Properties Llc $67,000 None Available
Nasir Tarik $39,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bitanga Rafael $330,000
Previous Owner 1232 North 15Th Street Lp $250,000
Previous Owner 1232 North 15Th Street Lp $189,000
Previous Owner Ewald Joseph Patrick $273,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $330,000 -5.4% $157 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
10/25/2023 10/25/23 Price Changed $349,000 -2.8% $166 / Sq Ft
06/12/2023 06/12/23 Price Changed $359,000 -2.7% $171 / Sq Ft
04/25/2023 04/25/23 Price Changed $369,000 -7.5% $176 / Sq Ft
03/17/2023 03/17/23 For Sale $399,000 -- $190 / 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 $7,696 $557,500 $111,500 $446,000
2024 $7,696 $557,500 $111,500 $446,000
2023 $7,696 $549,800 $109,960 $439,840
2022 $4,814 $549,800 $109,960 $439,840
2021 $4,814 $0 $0 $0
2020 $4,814 $0 $0 $0
2019 $4,653 $0 $0 $0
2018 $3,963 $0 $0 $0
2017 $3,963 $0 $0 $0
2016 $4,478 $0 $0 $0
2015 $3,334 $0 $0 $0
2014 -- $248,800 $6,895 $241,905
2012 -- $11,904 $4,800 $7,104
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2214498

Bright MLS

APN: 471189200