NOT LISTED FOR SALE

1414 Sellers St Philadelphia, PA 19124

Frankford Neighborhood

Estimated Value: $187,000 - $254,000

-- Bed
2 Baths
2,720 Sq Ft
$78/Sq Ft Est. Value

Last Sold October 07, 2014

Last sale price $32,500 $12 Per Sq Ft

Est. 553% increase in value since last sale

Current estimated payment $1,309/month

Highlights

  • No HOA
  • Heating System Uses Gas
  • 2-minute walk to Overington Park

About This Home

As of October 2014

Spacious, turn of the Century, Victorian, 1+1 Duplex in need of tender loving care. Perfect for an investor looking for positive cash flow or a savvy owner occupant willing to trade some sweat for equity. Just imagine the income potential when you transform this building into a cash cow. This is a Fannie Mae HomePath property! Sold in its current condition without any warranties expressed or implied, the buyer is responsible for 100% of transfer taxes, and U&O certification. Corporate addendum will be generated once offer has been approved and sale may be contingent on recording of Sheriff's deed.

Last Agent to Sell the Property

Mark Lawson

(215) 248-4444 reoamerica@gmail.com Diversified Realty Solutions License #RB068395 Listed on: 04/22/2014

Last Buyer's Agent

Owen Peters

(215) 385-0386 opeters221@gmail.com Cambridge Select Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 1,892 Sq Ft Lot
  • Lot Dimensions are 25x76

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,720 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $2,892

Listing and Financial Details

  • Tax Lot 190
  • Assessor Parcel Number 234047100

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2720
  • Living Area Sq Ft: 2720
  • Price Per Sq Ft: 13.24
  • Above Grade Finished Sq Ft: 2720
  • Above Grade Finished Area Units: Square Feet

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

Lot Info

  • Improvement Assessed Value: 196834.00
  • Land Assessed Value: 18966.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 25X76
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1892.00
  • Zoning: R9

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1024370
  • Tax Annual Amount: 2892.00
  • Assessor Parcel Number: 234047100
  • Tax Lot: 190
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2014
Closed on
Sep 11, 2014
Sold by
Kml Law Group Pc and Federal National Mortgage Association
Bought by
Ostroff Steven
Seller's Agent
Mark Lawson
Diversified Realty Solutions
Buyer's Agent
Owen Peters
Cambridge Select Realty
List Price
$36,000
Sold Price
$32,500
Premium/Discount to List
-$3,500
-9.72%
Current Estimated Value
$212,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,595
Avg. Annual Appreciation
18.39%

Purchase Details

Closed on
Jun 16, 2014
Sold by
Ferebee Beartice and Jpmorgan Chase Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 28, 2006
Sold by
Condo Jeffrey M
Bought by
Ferebee Beatrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
6.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 6, 2004
Sold by
Pro Investment Holdings I Lp
Bought by
Condo Jeffrey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,900
Interest Rate
5.89%
Mortgage Type
Commercial
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
Ostroff Steven -- --
Federal National Mortgage Association $15,700 None Available
Ferebee Beatrice $92,000 None Available
Condo Jeffrey M $51,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferebee Beatrice $67,000
Previous Owner Condo Jeffrey M $35,900
Closed Condo Jeffrey M $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2014 10/07/14 Sold $32,500 -9.7% $12 / Sq Ft
05/20/2014 05/20/14 Pending -- -- --
04/22/2014 04/22/14 For Sale $36,000 -- $13 / 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 $2,333 $191,900 $38,380 $153,520
2025 $2,333 $191,900 $38,380 $153,520
2024 $2,333 $191,900 $38,380 $153,520
2023 $2,333 $166,700 $33,300 $133,400
2022 $1,141 $166,700 $33,300 $133,400
2021 $1,141 $0 $0 $0
2020 $1,141 $0 $0 $0
2019 $1,095 $0 $0 $0
2018 $1,190 $0 $0 $0
2017 $3,021 $0 $0 $0
2016 $1,134 $0 $0 $0
2015 $2,892 $0 $0 $0
2014 -- $215,800 $18,966 $196,834
2012 -- $8,800 $957 $7,843
Source: Public Records

Agents Affiliated with this Home

  • Mark Lawson

    Seller's Agent in 2014

    Mark Lawson

    Diversified Realty Solutions

    (215) 248-4444

    3 in this area

    100 Total Sales

    Mark Lawson
    Section Image

  • O

    Buyer's Agent in 2014

    Owen Peters

    Cambridge Select Realty

    (215) 385-0386

    2 in this area

    20 Total Sales

    Owen Peters
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002894732

Bright MLS

APN: 234047100

Pennsylvania Philadelphia County Philadelphia 19124 Frankford

1414 Sellers St, Philadelphia, PA

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