NOT LISTED FOR SALE

1247 N 2nd St Philadelphia, PA 19122

Olde Kensington Neighborhood

Estimated Value: $544,840

-- Bed
-- Bath
3,450 Sq Ft
$158/Sq Ft Est. Value

Last Sold April 14, 2016

Last sale price $285,000 $83 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,120/month

3 Days on Market

Highlights

  • No HOA
  • 5-minute walk to Girard (Mfl)
  • 4-minute walk to Thomas Hart Park
  • En-Suite Primary Bedroom
  • Heating System Uses Gas

About This Home

As of April 2016

Large 4 story shell grade property that is in need of full renovation. Property is close to North Liberties and is a large house that runs street to street. $10,000 Certified Funds Deposit and Proof Of Funds, AS IS Addendum Will Be Required And BUYER Will Be Responsible For U&O. ALL OFFERS WILL BE PRESENTED.

Last Agent to Sell the Property

Michael Cohen

KW Empower License #AB066937 Listed on: 03/20/2016

KW Empower

Last Buyer's Agent

Rachel Gorelick

HG Realty Services, Ltd. License #RS290845

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $840

Year Built

  • Built in 1936

Lot Details

  • 2,300 Sq Ft Lot
  • Lot Dimensions are 20x115

Parking

  • On-Street Parking

Home Design

  • Fixer Upper
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 3,450 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 79
  • Assessor Parcel Number 871524090

Community Details

Overview

  • No Home Owners Association
  • Northern Liberties Subdivision

Building Details

  • Operating Expense $840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$840

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1936
  • Remarks Public: Large 4 story shell grade property that is in need of full renovation. Property is close to North Liberties and is a large house that runs street to street. $10,000 Certified Funds Deposit and Proof Of Funds, AS IS Addendum Will Be Required And BUYER Will Be Responsible For U&O. ALL OFFERS WILL BE PRESENTED.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3450
  • Living Area Sq Ft: 3450
  • Price Per Sq Ft: 79.71
  • Above Grade Finished Sq Ft: 3450
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1247

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • 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

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Land Use Code: S50
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20X115
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2300.00
  • Property Condition: Major Rehab Needed
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

Tax Info

  • Tax Annual Amount: 840.00
  • Assessor Parcel Number: 871524090
  • Tax Lot: 79
  • Tax Year: 2016
  • Close Date: 04/14/2016

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2016
Closed on
Apr 11, 2016
Sold by
Schwartz Jeffrey
Bought by
Lemon Street Holdings Llc
Seller's Agent
Michael Cohen
KW Empower
Buyer's Agent
Rachel Gorelick
HG Realty Services, Ltd.
List Price
$275,000
Sold Price
$285,000
Premium/Discount to List
$10,000
3.64%
Total Days on Market
3
Current Estimated Value
$544,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,840
Avg. Annual Appreciation
7.36%

Purchase Details

Closed on
Apr 22, 1994
Bought by
Schwartz Jeffrey
Source: Public Records

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Range of Values:

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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
Lemon Street Holdings Llc $285,000 None Available
Schwartz Jeffrey $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemon Street Holdings Llc $564,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2016 04/14/16 Sold $285,000 +3.6% $83 / Sq Ft
03/23/2016 03/23/16 Pending -- -- --
03/20/2016 03/20/16 For Sale $275,000 -- $80 / 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 $840 $458,800 $91,760 $367,040
2024 $840 $458,800 $91,760 $367,040
2023 $840 $335,500 $67,100 $268,400
2022 $840 $60,000 $60,000 $0
2021 $840 $0 $0 $0
2020 $840 $0 $0 $0
2019 $840 $0 $0 $0
2018 $840 $0 $0 $0
2017 $840 $0 $0 $0
2016 $840 $0 $0 $0
2015 $804 $0 $0 $0
2014 -- $220,200 $17,285 $202,915
Source: Public Records

Agents Affiliated with this Home

  • Michael Cohen

    Seller's Agent in 2016

    Michael Cohen

    KW Empower

    (610) 331-7213

    1 in this area

    878 Total Sales

    Michael Cohen
    Section Image
  • Rachel Gorelick

    Buyer's Agent in 2016

    Rachel Gorelick

    HG Realty Services, Ltd.

    (267) 475-5925

    14 Total Sales

    Rachel Gorelick
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002401744

Bright MLS

APN: 871524090

Pennsylvania Philadelphia County Philadelphia 19122 Olde Kensington

1247 N 2nd St, Philadelphia, PA

This home is located at 1247 N 2nd St, Philadelphia, PA 19122 since 20 March 2016 and is currently estimated at $544,840, approximately $157 per square foot. This property was built in 1936. 1247 N 2nd St is a home located in Philadelphia County with nearby schools including John Moffet School, Penn Treaty School, and Al Aqsa Islamic Academy.

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