NOT LISTED FOR SALE

1518 S 10th St Philadelphia, PA 19147

Passyunk Square Neighborhood

Estimated Value: $517,190 - $595,000

-- Bed
3 Baths
1,816 Sq Ft
$312/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $500,000 $275 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,586/month

30 Days on Market

About This Home

As of September 2022

Property Zoned Triplex in PASSYUNK Square area , great investment opportunity, each unit occupies its own floor. All units have newer kitchens and hardwood floors, there is also a Fire Alarm system for the entire building. The back of the building is nicely done in stucco . First floor unit is a one bedroom and bath and a washer and dryer, also with the use of the backyard patio .Rent is 1,275.00 , a month .Second floor unit is a one bedroom and bath ,with an extra room for a office space. Rent is 900.00 a month. Third floor unit is a large studio apartment ,Rent is 800.00 a month .Total net estimate is 27,800.00. Tenants no car nessuary hear, walking to all PASSYUNK square has to offer, plus Acme,and Zip cars to rent, and transportation to center city.

Last Agent to Sell the Property

Rocco Rugnetta

Alpha Realty Group Listed on: 05/14/2022

Alpha Realty Group

Last Buyer's Agent

Elizabeth Convery

Compass RE

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,943

Year Built

  • Built in 1915

Lot Details

  • 1,024 Sq Ft Lot
  • Lot Dimensions are 16.00 x 64.00

Parking

  • On-Street Parking

Home Design

  • 1,816 Sq Ft Home
  • Triplex
  • Brick Foundation
  • Masonry

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater
  • Municipal Trash

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for water, common area maintenance, insurance, pest control, repairs, real estate taxes
  • Tax Lot 198
  • Assessor Parcel Number 012279000

Community Details

Overview

  • 3 Units
  • 3-Story Building

Building Details

  • Operating Expense $7,883
  • Net Operating Income $28,317

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,943

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Property Zoned Triplex in PASSYUNK Square area , great investment opportunity, each unit occupies its own floor. All units have newer kitchens and hardwood floors, there is also a Fire Alarm system for the entire building. The back of the building is nicely done in stucco . First floor unit is a one bedroom and bath and a washer and dryer, also with the use of the backyard patio .Rent is 1,275.00 , a month .Second floor unit is a one bedroom and bath ,with an extra room for a office space. Rent is 900.00 a month. Third floor unit is a large studio apartment ,Rent is 800.00 a month .Total net estimate is 27,800.00. Tenants no car nessuary hear, walking to all PASSYUNK square has to offer, plus Acme,and Zip cars to rent, and transportation to center city.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Total Sq Ft: 1816
  • Living Area Sq Ft: 1816
  • Price Per Sq Ft: 289.10
  • Above Grade Finished Sq Ft: 1816
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1518

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Spa: No
  • 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
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16.00 x 64.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1024.00
  • Year Assessed: 2022
  • Zoning: RSA5

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Water, Common Area Maintenance, Insurance, Pest Control, Repairs, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 35700.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 2163.00
  • Tax Annual Amount: 3943.00
  • Assessor Parcel Number: 012279000
  • Tax Lot: 198
  • Tax Total Finished Sq Ft: 1816
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/15/2022

Multi Family

  • Operating Expense: 7883.00
  • Other Units: Unit 1,Unit 2,Unit 3
  • 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
May 14, 2022
Closed on
Aug 31, 2022
Sold by
Karen Romeo
Bought by
Oconnell Elizabeth Convery and Oconnell Francis J
Seller's Agent
Rocco Rugnetta
Alpha Realty Group
Buyer's Agent
Elizabeth Convery
Compass RE
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Current Estimated Value
$566,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,397
Avg. Annual Appreciation
3.59%
Original Mortgage
$375,000
Outstanding Balance
$361,118
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$193,318

Purchase Details

Closed on
Sep 25, 2012
Sold by
Romeo John and Romeo Karen
Bought by
Romeo John and Romeo Karen

Purchase Details

Closed on
Mar 23, 2007
Sold by
Vaccone Joseph and Vaccone Rose
Bought by
Romeo John and Romeo Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,600
Interest Rate
6.33%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Oconnell Elizabeth Convery $500,000 American Legal Abstract
Romeo John -- None Available
Romeo John $272,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oconnell Elizabeth Convery $375,000
Previous Owner Romero John $210,000
Previous Owner Romeo John $217,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2022 09/15/22 Sold $500,000 -4.8% $275 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
05/14/2022 05/14/22 For Sale $525,000 -- $289 / 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
2025 $5,995 $450,300 $90,060 $360,240
2024 $5,995 $450,300 $90,060 $360,240
2023 $5,995 $428,300 $85,660 $342,640
2022 $3,943 $428,300 $85,660 $342,640
2021 $3,943 $0 $0 $0
2020 $3,943 $0 $0 $0
2019 $3,639 $0 $0 $0
2018 $2,496 $0 $0 $0
2017 $2,496 $0 $0 $0
2016 $2,496 $0 $0 $0
2015 $2,389 $0 $0 $0
2014 -- $178,300 $19,278 $159,022
2012 -- $11,936 $1,567 $10,369
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Rocco Rugnetta

    Alpha Realty Group

    (215) 463-0777

    1 in this area

    18 Total Sales

    Section Image
  • Elizabeth Convery

    Buyer's Agent in 2022

    Elizabeth Convery

    Compass RE

    (215) 495-5040

    1 in this area

    59 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2110880

Bright MLS

APN: 012279000

Pennsylvania Philadelphia County Philadelphia 19147 Passyunk Square

1518 S 10th St, Philadelphia, PA

This home is located at 1518 S 10th St, Philadelphia, PA 19147 since 14 May 2022 and is currently estimated at $566,397, approximately $311 per square foot. This property was built in 1915. 1518 S 10th St is a home located in Philadelphia County with nearby schools including Kirkbride Eliza B School, Furness Horace High School, and Christopher Columbus CS.

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