NOT LISTED FOR SALE

Estimated Value: $319,000 - $382,000

-- Bed
2 Baths
1,720 Sq Ft
$205/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $263,000 $153 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,139/month

Highlights

  • Wood Flooring
  • 2 Car Direct Access Garage
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of May 2020

Welcome to 12464 Knights Road, a hard to find Franklin Mills (Philadelphia Mills) area Duplex. The secure front foyer entry leads to both units, basement and garage. Each unit features 2 bedrooms, 1 Bath, living room and kitchen, as well as indoor access to the laundry, storage area and garage. Each unit is separately metered for gas, electric and water. Separate gas heat, central air systems and laundry hook ups will keep you comfortable all year round while saving you from trips to the laundromat. Off street driveway and garage access is provided in the rear of the building. This is a great opportunity to create or add to your real estate portfolio or live in one unit and rent out the other. Walking distance to shopping, dinning and entertainment. Conveniently located to major Philly highways and rail stations.

Last Agent to Sell the Property

Robert Larente

(267) 987-8356 robert@robertlarente.com RE/MAX Centre Realtors License #RS274598 Listed on: 03/13/2020

RE/MAX Centre Realtors

Last Buyer's Agent

Hardik R. Chiniwala

(267) 266-5675 hchiniwalare@gmail.com Keller Williams Real Estate-Langhorne License #RS320181

Keller Williams Real Estate-Langhorne

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,061

Year Built

  • Built in 1960

Lot Details

  • 2,280 Sq Ft Lot
  • Lot Dimensions are 20.00 x 114.00
  • Property is in good condition

Parking

  • 2 Car Direct Access Garage
  • Basement Garage
  • Rear-Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • 1,720 Sq Ft Home
  • Duplex
  • Masonry

Flooring

  • Wood
  • Carpet
  • Concrete
  • Ceramic Tile

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Garage Access
  • Exterior Basement Entry

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • 3-Story Building
  • Franklin Mills Subdivision

Listing and Financial Details

  • Tax Lot 642
  • Assessor Parcel Number 663358300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,061

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: 1st Floor Tenant's Washer, Dryer.
  • Home Warranty: No
  • Inclusions: 1st Floor Unit's Refrigerator. 2nd Floor Units Refrigerator, Washer, Dryer. All in present As-Is condition.
  • New Construction: No
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Ceramic Tile, Concrete, Hardwood
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Garage Access, Unfinished, Outside Entrance
  • Total Sq Ft: 1720
  • Living Area Sq Ft: 1720
  • Price Per Sq Ft: 154.07
  • Above Grade Finished Sq Ft: 1720
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry, Basement Garage, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 153090.00
  • Land Assessed Value: 65610.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20.00 x 114.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2280.00
  • Property Condition: Good
  • Zoning: RSA4
  • Zoning Description: W30 Res: Apt(s) 2-4 Units, 2 Sty

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 2
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1380309
  • School Tax: 1680.00
  • Tax Annual Amount: 3061.00
  • Assessor Parcel Number: 663358300
  • Tax Lot: 642
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2020
Closed on
May 27, 2020
Sold by
Furlow Shana J
Bought by
Shajahan Mohammed and Halim Abdul
Seller's Agent
Robert Larente
RE/MAX Centre Realtors
Buyer's Agent
Hardik R. Chiniwala
Keller Williams Real Estate-Langhorne
List Price
$265,000
Sold Price
$263,000
Premium/Discount to List
-$2,000
-0.75%
Current Estimated Value
$351,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,771
Avg. Annual Appreciation
5.45%
Original Mortgage
$254,222
Outstanding Balance
$224,350
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$127,421

Purchase Details

Listed on
Apr 5, 2016
Closed on
Jul 11, 2016
Sold by
Presel Victoria and Demaio Grantor Trust
Bought by
Furlow Shana J
Seller's Agent
Jackie Hillgrube
Coldwell Banker Hearthside
Buyer's Agent
Robert Larente
RE/MAX Centre Realtors
List Price
$219,000
Sold Price
$208,000
Premium/Discount to List
-$11,000
-5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%
Original Mortgage
$204,232
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 2, 2012
Sold by
Demaio Victor A and Demaio Lorraine
Bought by
The Demaio Grantor Trust

Purchase Details

Closed on
May 30, 2012
Sold by
Mcgettigan Edward
Bought by
Demaio Victor A and Demaio Lorraine

Purchase Details

Closed on
May 1, 1995
Sold by
Donahue Carolina
Bought by
Mcgettigan Edward
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
Shajahan Mohammed $263,000 Glendale Abstract Lp
Furlow Shana J $208,000 None Available
The Demaio Grantor Trust -- None Available
Demaio Victor A $190,000 None Available
Mcgettigan Edward $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shajahan Mohammed $254,222
Previous Owner Furlow Shana J $204,232
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/29/2020 05/29/20 Sold $263,000 -0.8% $153 / Sq Ft
03/18/2020 03/18/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $265,000 +27.4% $154 / Sq Ft
07/15/2016 07/15/16 Sold $208,000 -5.0% $121 / Sq Ft View Prior Sale
05/08/2016 05/08/16 Pending -- -- --
04/05/2016 04/05/16 For Sale $219,000 -- $127 / 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 $3,414 $386,600 $77,320 $309,280
2025 $3,414 $386,600 $77,320 $309,280
2024 $3,414 $386,600 $77,320 $309,280
2023 $3,414 $243,900 $48,780 $195,120
2022 $3,061 $243,900 $48,780 $195,120
2021 $3,061 $0 $0 $0
2020 $3,061 $0 $0 $0
2019 $2,882 $0 $0 $0
2018 $2,685 $0 $0 $0
2017 $2,685 $0 $0 $0
2016 $2,685 $0 $0 $0
2015 $2,570 $0 $0 $0
2014 -- $191,800 $51,697 $140,103
2012 -- $26,496 $3,234 $23,262
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH882612

Bright MLS

APN: 663358300