NOT LISTED FOR SALE

141 S 56th St Philadelphia, PA 19139

Cobbs Creek Neighborhood

Estimated Value: $258,000 - $333,718

-- Bed
2 Baths
2,400 Sq Ft
$128/Sq Ft Est. Value

Last Sold October 11, 2023

Last sale price $300,000 $125 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,830/month

28 Days on Market

Highlights

  • Halls are 36 inches wide or more
  • Hot Water Baseboard Heater
  • 3-minute walk to 56Th Street

About This Home

As of October 2023

Welcome to this recently renovated and meticulously maintained 3-bed, 1-bath duplex in the vibrant neighborhood of West Philadelphia. This charming property presents an excellent investment opportunity or a delightful place to call home. Both floors of this duplex boast fresh updates and thoughtful renovations, offering a blend of modern comforts and classic charm.

Each floor features three spacious bedrooms, providing ample space for family living or potential rental income. A perfect contender for a strategic house hacking opportunity for a savvy investor.

Situated in the heart of West Philadelphia, With easy access to public transportation and major highways, you'll have the city at your fingertips. Don't miss the opportunity to own this exceptional property in one of Philly's most sought-after neighborhoods.

Last Agent to Sell the Property

Joshua Farley

(215) 805-7558 joshsoldthehouse@gmail.com KW Empower Listed on: 07/31/2023

KW Empower

Last Buyer's Agent

Alfredo Bender

(215) 385-1948 abender@kw.com EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,633

Year Built

  • Built in 1925 | Remodeled in 2021

Lot Details

  • 1,755 Sq Ft Lot
  • Lot Dimensions are 20.00 x 88.00

Parking

  • On-Street Parking

Home Design

  • 2,400 Sq Ft Home
  • Duplex
  • AirLite
  • Brick Foundation
  • Masonry

Accessible Home Design

  • Halls are 36 inches wide or more

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 159
  • Assessor Parcel Number 604206200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,633

Year Built

Built in 1925 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Airlite
  • Accessibility Features: 36"+ Wide Halls
  • Ownership: Fee Simple
  • Inclusions: All appliances in as is condition
  • New Construction: No
  • Year Built: 1925
  • Year Renovated: 2021
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Stories: 0

Interior Features

  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 2400
  • Price Per Sq Ft: 125.00
  • Above Grade Finished Sq Ft: 2400
  • 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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 20.00 x 88.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1755.00
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1444.00
  • Tax Annual Amount: 2633.00
  • Assessor Parcel Number: 604206200
  • Tax Lot: 159
  • Tax Data Updated: No
  • Tax Year: 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
Jul 31, 2023
Closed on
Oct 11, 2023
Sold by
Michaels Construction Llc
Bought by
Khan Mahnaz
Seller's Agent
Joshua Farley
KW Empower
Buyer's Agent
Alfredo Bender
EXP Realty, LLC
List Price
$309,900
Sold Price
$300,000
Premium/Discount to List
-$9,900
-3.19%
Views
25
Current Estimated Value
$306,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,239
Avg. Annual Appreciation
1.00%
Original Mortgage
$294,566
Outstanding Balance
$288,572
Interest Rate
7.18%
Mortgage Type
FHA
Estimated Equity
$17,667

Purchase Details

Closed on
Oct 22, 2020
Sold by
Williamson Lawrence
Bought by
Michaels Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 24, 2015
Sold by
Williamson Lawrence
Bought by
Williamson Lawrence

Purchase Details

Closed on
Aug 24, 2001
Sold by
Williamson Lawrence Q
Bought by
Williamson Lawrence and Williamson Lawrence
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Khan Mahnaz $300,000 Regal Search & Abstract
Michaels Construction Llc $42,000 Statewide Abstract Group Inc
Williamson Lawrence -- None Available
Williamson Lawrence -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Mahnaz $294,566
Previous Owner Michaels Construction Llc $175,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2023 10/11/23 Sold $300,000 -3.2% $125 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
07/31/2023 07/31/23 For Sale $309,900 -- $129 / 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 $2,633 $267,900 $53,580 $214,320
2025 $2,633 $267,900 $53,580 $214,320
2024 $2,633 $267,900 $53,580 $214,320
2023 $2,633 $188,100 $37,600 $150,500
2022 $1,536 $188,100 $37,600 $150,500
2021 $1,536 $0 $0 $0
2020 $1,536 $0 $0 $0
2019 $1,478 $0 $0 $0
2018 $1,296 $0 $0 $0
2017 $1,296 $0 $0 $0
2016 $1,296 $0 $0 $0
2015 $1,423 $0 $0 $0
2014 -- $106,200 $8,608 $97,592
2012 -- $7,072 $1,690 $5,382
Source: Public Records

Agents Affiliated with this Home

  • Joshua Farley

    Seller's Agent in 2023

    Joshua Farley

    KW Empower

    (215) 805-7558

    5 in this area

    137 Total Sales

    Joshua Farley
    Section Image
  • Alfredo Bender

    Buyer's Agent in 2023

    Alfredo Bender

    EXP Realty, LLC

    (215) 385-1948

    1 in this area

    18 Total Sales

    Alfredo Bender
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2263156

Bright MLS

APN: 604206200

Pennsylvania Philadelphia County Philadelphia 19139 Cobbs Creek

141 S 56th St, Philadelphia, PA

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