Seller's Agent in 2016
Michael Giordano Sr.
Century 21 Forrester Real Estate
(215) 451-7610
7 in this area
197 Total Sales
1248 S 16th St Philadelphia, PA 19146
Point Breeze NeighborhoodEstimated Value: $346,000 - $406,762
3
Beds
2.5
Baths
1,248
Sq Ft
$307/Sq Ft
Est. Value
Highlights
- Straight Thru Architecture
- Eat-In Kitchen
- En-Suite Primary Bedroom
- No HOA
- Living Room
- Central Air
About This Home
As of September 2016Location!! Location!! Location!! This move-in ready home is great for first-time home buyers or investors looking for good ROI via rental, flip opportunity or buy and hold in a quickly appreciating area. A lot of new construction in the area. The home is located at 16th and Wharton, in the bustling and growing Point Breeze/Newbold neighborhood in Philadelphia. The home is within an easy stroll towards all that Passyunk Square has to offer. The subway and multiple bus stops are close by. Center city, I-95, and the 76 expressway are all less than 10 minutes away. The home has 3BR and 2.5 baths. The first floor has a foyer, original hardwood, high ceilings, an antique fireplace/mantel, and a half bath. The kitchen features a breakfast bar and leads into a cozy and private backyard to host get-togethers. The second floor features new floors, 2 larger bedrooms, 1 smaller bedroom, and 2 full bathrooms, one of which is connected to the master bedroom. The basement is unfinished and has a washer/dryer. Lockbox, Easy Show!!
Last Agent to Sell the Property
Century 21 Forrester Real Estate License #9110224 Listed on: 02/04/2016
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,563
Year Built
- Built in 1941
Lot Details
- 928 Sq Ft Lot
- Lot Dimensions are 16x58
Parking
- On-Street Parking
Home Design
- Straight Thru Architecture
- Brick Exterior Construction
Interior Spaces
- 1,248 Sq Ft Home
- Property has 2 Levels
- Family Room
- Living Room
- Dining Room
- Eat-In Kitchen
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Utilities
- Central Air
- Heating System Uses Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Point Breeze Subdivision
Listing and Financial Details
- Tax Lot 371
- Assessor Parcel Number 365131200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 4, 2016
Closed on
Sep 6, 2016
Sold by
Koung Jeffrey
Bought by
Cribb Joseph D and Cheng Chia Po
Seller's Agent
Michael Giordano Sr.
Century 21 Forrester Real Estate
Buyer's Agent
Eli Qarkaxhia
Compass RE
List Price
$289,000
Sold Price
$220,000
Premium/Discount to List
-$69,000
-23.88%
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
$164,611
Avg. Annual Appreciation
6.11%
Original Mortgage
$176,000
Outstanding Balance
$142,561
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$231,412
Purchase Details
Listed on
Apr 18, 2012
Closed on
Jun 26, 2012
Sold by
Phillips Properties Llc
Bought by
Koung Jeffrey
Seller's Agent
Dale Archdekin
EXP Realty, LLC
Buyer's Agent
Carmel Archdekin
KW Empower
List Price
$125,000
Sold Price
$115,000
Premium/Discount to List
-$10,000
-8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.62%
Original Mortgage
$92,000
Interest Rate
3.74%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 19, 2005
Sold by
Nichols Harvey and Nichols Charles O
Bought by
Phillips Properties Llc
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 |
|---|---|---|---|
| Cribb Joseph D | $220,000 | None Available | |
| Koung Jeffrey | $115,000 | None Available | |
| Phillips Properties Llc | $60,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cribb Joseph D | $176,000 | |
| Previous Owner | Koung Jeffrey | $92,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/06/2016 09/06/16 | Sold | $220,000 | -3.9% | $176 / Sq Ft |
| 08/01/2016 08/01/16 | Pending | -- | -- | -- |
| 07/20/2016 07/20/16 | Price Changed | $229,000 | -4.2% | $183 / Sq Ft |
| 07/05/2016 07/05/16 | Price Changed | $239,000 | -4.0% | $192 / Sq Ft |
| 06/20/2016 06/20/16 | Price Changed | $249,000 | -3.9% | $200 / Sq Ft |
| 06/08/2016 06/08/16 | Price Changed | $259,000 | -3.7% | $208 / Sq Ft |
| 05/24/2016 05/24/16 | Price Changed | $269,000 | -6.9% | $216 / Sq Ft |
| 02/04/2016 02/04/16 | For Sale | $289,000 | +151.3% | $232 / Sq Ft |
| 06/20/2012 06/20/12 | Sold | $115,000 | -8.0% | $92 / Sq Ft |
| 05/05/2012 05/05/12 | Pending | -- | -- | -- |
| 04/18/2012 04/18/12 | For Sale | $125,000 | -- | $100 / 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 | $4,477 | $343,400 | $68,680 | $274,720 |
| 2024 | $4,477 | $343,400 | $68,680 | $274,720 |
| 2023 | $4,477 | $319,800 | $63,960 | $255,840 |
| 2022 | $2,870 | $274,800 | $63,960 | $210,840 |
| 2021 | $4,405 | $0 | $0 | $0 |
| 2020 | $4,405 | $0 | $0 | $0 |
| 2019 | $4,094 | $0 | $0 | $0 |
| 2018 | $2,563 | $0 | $0 | $0 |
| 2017 | $2,563 | $0 | $0 | $0 |
| 2016 | $2,563 | $0 | $0 | $0 |
| 2015 | $2,454 | $0 | $0 | $0 |
| 2014 | -- | $183,100 | $12,899 | $170,201 |
| 2012 | -- | $16,000 | $3,200 | $12,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2016
Eli Qarkaxhia
Compass RE
(215) 731-4116
31 in this area
801 Total Sales
-
D
Seller's Agent in 2012
Dale Archdekin
EXP Realty, LLC
(215) 370-1236
-
Seller Co-Listing Agent in 2012
Carmel Archdekin
KW Empower
(215) 680-5998
2 in this area
91 Total Sales
Map
Source: Bright MLS
MLS Number: 1002380784
APN: 365131200
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