NOT LISTED FOR SALE

Estimated Value: $433,454

-- Bed
-- Bath
1,878 Sq Ft
$231/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $400,000 $213 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,539/month

Highlights

  • Contemporary Architecture
  • 4-minute walk to Snyder
  • 5-minute walk to Di Silvestro Playground
  • Forced Air Heating and Cooling System

About This Home

As of December 2021

Amazing cash-flowing investment opportunity in Newbold! Corner location with tons of foot traffic, lots of windows & natural light. Completely rehabbed in 2016 down to the framing so everything is new -- plumbing, electrical, windows, roof, and fixtures. First floor is currently tenant-occupied by a store with the lease remaining until June 2023. This commercial space includes the use of the basement, perfect for additional storage. Second floor is a beautifully renovated one-bedroom apartment. Currently rented until August 2022. Modern finishes throughout, including exposed brick, 10ft+ ceilings with exposed beams, granite countertops, hardwood floors, large outdoor deck, central air, and washer/dryer. Located in the heart of Newbold, just steps away from some local favorites- 2nd district, South Philly Tap Room, Miss Rachel's Pantry, Ultimo Coffee, V Marks the shop, and Hardena. Just two blocks from the Broad Street subway line, DiSilvestro Playground & Community Library. Short walk across Broad Street to all that East Passyunk Avenue has to offer! *Co-listing agent will be present for all showings.

Last Agent to Sell the Property

Janette Spirk

(610) 762-3183 janette.spirk@gmail.com Compass RE Listed on: 09/21/2021

Compass RE

Co-Listed By

Ashley Miele

(610) 476-2775 ashleymielerealtor@gmail.com Compass RE License #RS348948

Last Buyer's Agent

Isaac Thrupp

(415) 610-9383 isaacthrupp@gmail.com Compass RE

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,926

Year Built

  • Built in 1920

Lot Details

  • 1,028 Sq Ft Lot
  • Lot Dimensions are 16.00 x 64.25

Parking

  • On-Street Parking

Home Design

  • 1,878 Sq Ft Home
  • Duplex
  • Contemporary Architecture
  • Brick Foundation
  • Masonry

Utilities

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

Additional Features

  • Unfinished Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 150
  • Assessor Parcel Number 871573280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,926

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Exclusions: Tenants personal items.
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: Amazing cash-flowing investment opportunity in Newbold! Corner location with tons of foot traffic, lots of windows & natural light. Completely rehabbed in 2016 down to the framing so everything is new -- plumbing, electrical, windows, roof, and fixtures. First floor is currently tenant-occupied by a store with the lease remaining until June 2023. This commercial space includes the use of the basement, perfect for additional storage. Second floor is a beautifully renovated one-bedroom apartment. Currently rented until August 2022. Modern finishes throughout, including exposed brick, 10ft+ ceilings with exposed beams, granite countertops, hardwood floors, large outdoor deck, central air, and washer/dryer. Located in the heart of Newbold, just steps away from some local favorites- 2nd district, South Philly Tap Room, Miss Rachel's Pantry, Ultimo Coffee, V Marks the shop, and Hardena. Just two blocks from the Broad Street subway line, DiSilvestro Playground & Community Library. Short walk across Broad Street to all that East Passyunk Avenue has to offer! *Co-listing agent will be present for all showings.
  • Special Features: None

Interior Features

  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1878
  • Living Area Sq Ft: 1878
  • Price Per Sq Ft: 212.99
  • Above Grade Finished Sq Ft: 1878
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1515

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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, 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
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 156808.00
  • Land Assessed Value: 52200.00
  • Land Use Code: S30
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16.00 x 64.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1028.00
  • Year Assessed: 2021
  • Zoning: CMX2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1222777
  • School Tax: 1605.00
  • Tax Annual Amount: 2926.00
  • Assessor Parcel Number: 871573280
  • Tax Lot: 150
  • Tax Total Finished Sq Ft: 1878
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 12/03/2021

Multi Family

  • Other Units: Unit 1
  • Single Room Units Count: 1

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2021
Closed on
Dec 3, 2021
Sold by
Li Bo
Bought by
1515 Partners Llc
Seller's Agent
Janette Spirk
Compass RE
Buyer's Agent
Isaac Thrupp
Compass RE
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$433,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,454
Avg. Annual Appreciation
2.10%
Original Mortgage
$300,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2014
Sold by
Bastias Teresa
Bought by
Li Bo

Purchase Details

Closed on
Sep 30, 1983
Bought by
Bastias Teresa and Bastias Rose
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
1515 Partners Llc $400,000 Class Abstract
Li Bo $50,000 None Available
Bastias Teresa $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1515 Partners Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2021 12/03/21 Sold $400,000 0.0% $213 / Sq Ft
10/01/2021 10/01/21 Price Changed $400,000 0.0% $213 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
09/21/2021 09/21/21 For Sale $399,900 0.0% $213 / Sq Ft
09/01/2021 09/01/21 Rented $1,500 0.0% --
08/21/2021 08/21/21 Under Contract -- -- --
08/19/2021 08/19/21 Price Changed $1,500 +3.4% $1 / Sq Ft
08/19/2021 08/19/21 For Rent $1,450 +7.4% --
05/02/2017 05/02/17 Rented $1,350 0.0% --
05/01/2017 05/01/17 Under Contract -- -- --
04/18/2017 04/18/17 For Rent $1,350 -- --
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 $3,184 $247,100 $49,420 $197,680
2024 $3,184 $247,100 $49,420 $197,680
2023 $3,184 $284,300 $56,860 $227,440
2022 $2,926 $227,440 $56,860 $170,580
2021 $2,926 $0 $0 $0
2020 $2,926 $0 $0 $0
2019 $2,898 $0 $0 $0
2018 $2,814 $0 $0 $0
2017 $2,293 $0 $0 $0
2016 $1,163 $0 $0 $0
2015 $1,114 $0 $0 $0
2014 -- $163,800 $12,534 $151,266
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2031300

Bright MLS

APN: 871573280