NOT LISTED FOR SALE

1401 E Cheltenham Ave Philadelphia, PA 19124

Mayfair Neighborhood

Estimated Value: $249,000 - $322,886

-- Bed
1 Bath
1,398 Sq Ft
$207/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $146,500 $105 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,731/month

Highlights

  • No HOA
  • More Than Two Accessible Exits
  • Electric Baseboard Heater

About This Home

As of March 2021

This home is located at 1401 E Cheltenham Ave, Philadelphia, PA 19124 since 25 March 2021 and is currently estimated at $288,962, approximately $206 per square foot. This property was built in 1940. 1401 E Cheltenham Ave is a home located in Philadelphia County with nearby schools including Ziegler William H School, Frankford High School, and The Philadelphia Charter School for the Arts & Sciences.

Last Agent to Sell the Property

Joseph Kunz

(215) 800-7459 Joe@digz.house Digz.house License #RS353569 Listed on: 03/25/2021

Co-Listed By

David Guido

(215) 760-9196 dguido@kw.com EXP Realty, LLC License #RS294219

Last Buyer's Agent

Joseph Kunz

(215) 800-7459 Joe@digz.house Digz.house License #RS353569 Listed on: 03/25/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,562

Year Built

  • Built in 1940

Lot Details

  • 1,283 Sq Ft Lot
  • Lot Dimensions are 15.46 x 83.00

Home Design

  • 1,398 Sq Ft Home
  • Duplex
  • Converted Dwelling
  • Masonry

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Electric Baseboard Heater
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Tax Lot 52
  • Assessor Parcel Number 621079400

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,562

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Converted Dwelling
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Basement: Yes
  • Total Sq Ft: 1398
  • Living Area Sq Ft: 1398
  • Price Per Sq Ft: 104.79
  • Above Grade Finished Sq Ft: 1398
  • Above Grade Finished Area Units: Square Feet

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: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • 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: 94414.00
  • Land Assessed Value: 17186.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 15.46 x 83.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1283.00
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1338973
  • School Tax: 857.00
  • Tax Annual Amount: 1562.00
  • Assessor Parcel Number: 621079400
  • Tax Lot: 52
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Number Of Units Vacant: 2

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2025
Sold by
Kemetic Builders Llc
Bought by
Horizon Homes Capital Llc
Current Estimated Value
$288,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Outstanding Balance
$252,313
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$36,649

Purchase Details

Listed on
Mar 25, 2021
Closed on
Mar 31, 2021
Sold by
Marzulli Michael J
Bought by
Kemetic Builders Llc
Seller's Agent
Joseph Kunz
Digz.house
Buyer's Agent
Joseph Kunz
Digz.house
List Price
$146,500
Sold Price
$146,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.91%
Original Mortgage
$187,275
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 3, 2004
Sold by
Gechman Ronald and Gechman Deborah
Bought by
Marzulli Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
5.99%
Mortgage Type
Commercial
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
Horizon Homes Capital Llc $317,500 None Listed On Document
Kemetic Builders Llc $146,500 Matrix Abstract Inc
Marzulli Michael J $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horizon Homes Capital Llc $254,000
Previous Owner Kemetic Builders Llc $187,275
Previous Owner Marzulli Michael J $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2021 03/31/21 Sold $146,500 0.0% $105 / Sq Ft
03/25/2021 03/25/21 For Sale $146,500 -- $105 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
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 $2,529 $232,000 $46,400 $185,600
2025 $2,529 $232,000 $46,400 $185,600
2024 $2,529 $232,000 $46,400 $185,600
2023 $2,529 $180,700 $36,140 $144,560
2022 $1,562 $180,700 $36,140 $144,560
2021 $1,562 $0 $0 $0
2020 $1,562 $111,600 $17,186 $94,414
2019 $1,499 $0 $0 $0
2018 $1,330 $0 $0 $0
2017 $1,330 $0 $0 $0
2016 $1,046 $0 $0 $0
2015 $679 $0 $0 $0
2014 -- $105,600 $13,182 $92,418
2012 -- $18,656 $1,794 $16,862
Source: Public Records

Agents Affiliated with this Home

  • Joseph Kunz

    Seller's Agent in 2021

    Joseph Kunz

    Digz.house

    (215) 800-7459

    1 in this area

    92 Total Sales

    Joseph Kunz
    Section Image
  • David Guido

    Seller Co-Listing Agent in 2021

    David Guido

    EXP Realty, LLC

    (215) 760-9196

    7 in this area

    114 Total Sales

    David Guido
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH999870

Bright MLS

APN: 621079400

Pennsylvania Philadelphia County Philadelphia 19124 Mayfair

1401 E Cheltenham Ave, Philadelphia, PA

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