NOT LISTED FOR SALE

1416 Sellers St Philadelphia, PA 19124

Frankford Neighborhood

Estimated Value: $154,479 - $253,000

-- Bed
2 Baths
2,720 Sq Ft
$75/Sq Ft Est. Value

Last Sold November 14, 2012

Last sale price $22,900 $8 Per Sq Ft

Est. 792% increase in value since last sale

Current estimated payment $1,267/month

Highlights

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

About This Home

As of November 2012

Brick Duplex in need of rehab - Unit 1 Original first floor Living-rm/Dining-rm/kitchen and full bath. Unit 2 Living-rm/Bedroom/Kitchen and full bath. Both Units separately metered for gas & electric. Freddie Mac First Look Initiative - During the first 15 days this home is listed for sale, only offers from owner-occupants, public entities or their designated partners will be considered. Investors may submit offers at any time but they will not be considered until after the 15 day period. This property is eligible under the Freddie Mac First Look Initiative through 07/5/12

Last Agent to Sell the Property

MARLENE FEIGENBAUM

Marz929@aol.com Rittenhouse REO Specialist Listed on: 06/21/2012

Last Buyer's Agent

MARLENE FEIGENBAUM

Marz929@aol.com Rittenhouse REO Specialist Listed on: 06/21/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 2,218 Sq Ft Lot
  • Lot Dimensions are 25x88

Parking

  • On-Street Parking

Home Design

  • 2,720 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $830

Listing and Financial Details

  • Tax Lot 236
  • Assessor Parcel Number 234047200

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

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: 1942
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Master Bedroom
  • Basement: No
  • Total Sq Ft: 2720
  • Living Area Sq Ft: 2720
  • Price Per Sq Ft: 9.52
  • 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: 7685.00
  • Land Assessed Value: 1115.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 25X88
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2218.00
  • Zoning: R9

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1024371
  • Tax Annual Amount: 830.00
  • Assessor Parcel Number: 234047200
  • Tax Lot: 236
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2012
Closed on
Nov 12, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ostroff Steve
Seller's Agent
MARLENE FEIGENBAUM
Rittenhouse REO Specialist
Buyer's Agent
MARLENE FEIGENBAUM
Rittenhouse REO Specialist
List Price
$42,000
Sold Price
$22,900
Premium/Discount to List
-$19,100
-45.48%
Current Estimated Value
$204,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,260
Avg. Annual Appreciation
18.33%

Purchase Details

Closed on
Jul 23, 2012
Sold by
Chowdhuru Mohmmed A
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 28, 2006
Sold by
Joyner Lolita
Bought by
Chowdhury Mohammed A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,100
Interest Rate
6.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 5, 2002
Sold by
Boerner John J and Boerner Joan M
Bought by
Joyner Lolita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
9.99%
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 Steve $22,900 Land Title Services
Federal Home Loan Mortgage Corporation $5,000 None Available
Chowdhury Mohammed A $69,150 None Available
Joyner Lolita $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chowdhury Mohammed A $69,100
Previous Owner Joyner Lolita $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2012 11/14/12 Sold $22,900 -45.5% $8 / Sq Ft
09/05/2012 09/05/12 Pending -- -- --
06/21/2012 06/21/12 For Sale $42,000 -- $15 / 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 $1,190 $0 $0 $0
2016 $1,190 $0 $0 $0
2015 $2,935 $0 $0 $0
2014 -- $85,000 $22,228 $62,772
2012 -- $8,800 $1,115 $7,685
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    MARLENE FEIGENBAUM

    Rittenhouse REO Specialist

See All Agents

Map

Source: Bright MLS

MLS Number: 1004008836

Bright MLS

APN: 234047200

Pennsylvania Philadelphia County Philadelphia 19124 Frankford

1416 Sellers St, Philadelphia, PA

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