NOT LISTED FOR SALE

Estimated Value: $274,000 - $639,339

-- Bed
5 Baths
2,940 Sq Ft
$180/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $590,000 $201 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $3,054/month

About This Home

As of December 2023

Elevate your lifestyle in the heart of Point Breeze with this exceptional Duplex—a savvy investment opportunity! Nestled in the desirable neighborhood, this newly constructed gem exudes modern elegance, and with years left on tax abatement, it's a wise choice. Enjoy the convenience of proximity to Wharton Square Park, Center City, and the charm of Passyunk Square's cafes. Vare Recreation Center, Lanier Dog Park, and Point Breeze Ave's vibrant scene are at your doorstep. Explore local favorites like On Point Bistro, Los Camaradas, and Battery & Crumbs Vegan Bakery—promising an exciting culinary journey. Nearby bus routes 7 and 29 ensure seamless commuting. This Duplex is not just a home; it's a strategic investment. Each unit is thoughtfully designed. The 1st unit boasts 3 bedrooms and 2 bathrooms, providing spacious and comfortable living. Granite countertops, stainless steel appliances, and abundant counter space accentuate the modern feel. Practicality is enhanced with a washer and dryer. The 2nd unit offers 3 bedrooms and 3 bathrooms, adding an extra layer of luxury. The upper unit's private roof deck is an exclusive retreat, perfect for enjoying city views. Invest wisely and live brilliantly—this Duplex in Point Breeze awaits to redefine your urban living experience! Photos of the similar properties by the same builder.

Last Agent to Sell the Property

Elan Elkaim

KW Empower License #1644428 Listed on: 12/08/2023

KW Empower

Last Buyer's Agent

Harkeet Chadha

Coldwell Banker Realty License #AB069009

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,859

Year Built

  • Built in 2021

Lot Details

  • 918 Sq Ft Lot
  • Lot Dimensions are 16.00 x 58.00

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,940 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • 2 Units
  • Point Breeze Subdivision

Listing and Financial Details

  • Tax Lot 346
  • Assessor Parcel Number 364294800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,859

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenants' property
  • New Construction: No
  • Year Built: 2021
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Fully Finished, Full
  • Total Sq Ft: 2940
  • Living Area Sq Ft: 2940
  • Price Per Sq Ft: 212.59
  • Above Grade Finished Sq Ft: 2940
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1400

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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 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

Schools

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

Lot Info

  • Land Use Code: SR
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16.00 x 58.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 918.00
  • Year Assessed: 2023
  • Zoning: CMX1

Rental Info

  • Total Actual Rent: 48000.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 1020.00
  • Tax Annual Amount: 1859.00
  • Assessor Parcel Number: 364294800
  • Tax Lot: 346
  • Tax Total Finished Sq Ft: 2475
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/29/2023

Multi Family

  • 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
Dec 8, 2023
Closed on
Dec 21, 2023
Sold by
V2 Properties Entity 2 Llc
Bought by
Nagpal Lavina and Dhingra Abhay
Seller's Agent
Elan Elkaim
KW Empower
Buyer's Agent
Harkeet Chadha
Coldwell Banker Realty
List Price
$625,000
Sold Price
$590,000
Premium/Discount to List
-$35,000
-5.6%
Current Estimated Value
$529,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,415
Avg. Annual Appreciation
-7.27%
Original Mortgage
$560,500
Outstanding Balance
$553,361
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
-$31,306

Purchase Details

Closed on
May 19, 2018
Sold by
Gg Corp
Bought by
V2 Properties Enrity 2 Llc

Purchase Details

Closed on
Sep 13, 1979
Bought by
Ggcorp
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
Nagpal Lavina $590,000 City Abstract
V2 Properties Enrity 2 Llc $48,000 None Available
Ggcorp $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nagpal Lavina $560,500
Previous Owner V2 Properties Entity 2 Llc $445,000
Previous Owner V2 Properties Entity 2 Llc $965,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $590,000 -5.6% $201 / Sq Ft
12/08/2023 12/08/23 For Sale $625,000 -- $213 / 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 $1,860 $648,000 $129,600 $518,400
2024 $1,860 $648,000 $129,600 $518,400
2023 $1,860 $664,300 $132,860 $531,440
2022 $1,860 $132,860 $132,860 $0
2021 $122 $0 $0 $0
2020 $122 $0 $0 $0
2019 $122 $0 $0 $0
2018 $122 $0 $0 $0
2017 $122 $0 $0 $0
2016 $122 $0 $0 $0
2015 $117 $0 $0 $0
2014 -- $8,700 $8,700 $0
2012 -- $1,920 $1,920 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2303954

Bright MLS

APN: 364294800