NOT LISTED FOR SALE

Estimated Value: $365,884

-- Bed
-- Bath
1,600 Sq Ft
$229/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $354,500 $222 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,354/month

151 Days on Market

Highlights

  • Traditional Architecture
  • 4-minute walk to Snyder
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of May 2021

Awesome corner property for owner-occupied business possibility! Located on the corner of Jackson and Mole Streets in heart of South Philly across from Guerin Recreation Center. Recently updated, clean and in great condition. First floor is an retail office with 2 rooms, 1 full bath and a kitchen/break room in the rear. Operate your home-business and live upstairs that has 3 bedrooms, 10 foot ceilings, 2 full bathrooms and a eat-in kitchen. Has street angle parking in front and street parking along side of building on Mole Street. Walk score 96 and very accessible to public transportation. Walking distance to Starbucks, TD Bank, WSFS Bank, South Philadelphia High School, Walgreens, Cafe Nhan, Melrose Diner and the sports stadiums....such a central location! If for investment, this property is projected to receive $38k net annually which is about 10% cap rate if not more! Interest rates are so low now that it is the time to make your moves!

Last Agent to Sell the Property

Ada Cheung

Realty Mark Associates Listed on: 11/02/2020

Realty Mark Associates

Last Buyer's Agent

Jennifer Bagby

KW Empower

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,895

Year Built

  • Built in 1920

Lot Details

  • 960 Sq Ft Lot
  • Lot Dimensions are 16.00 x 60.00
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • 1,600 Sq Ft Home
  • Traditional Architecture
  • Masonry

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Electric Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Tax Lot 185
  • Assessor Parcel Number 871120800

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,895

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: Awesome corner property for owner-occupied business possibility! Located on the corner of Jackson and Mole Streets in heart of South Philly across from Guerin Recreation Center. Recently updated, clean and in great condition. First floor is an retail office with 2 rooms, 1 full bath and a kitchen/break room in the rear. Operate your home-business and live upstairs that has 3 bedrooms, 10 foot ceilings, 2 full bathrooms and a eat-in kitchen. Has street angle parking in front and street parking along side of building on Mole Street. Walk score 96 and very accessible to public transportation. Walking distance to Starbucks, TD Bank, WSFS Bank, South Philadelphia High School, Walgreens, Cafe Nhan, Melrose Diner and the sports stadiums....such a central location! If for investment, this property is projected to receive $38k net annually which is about 10% cap rate if not more! Interest rates are so low now that it is the time to make your moves!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 234.31
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1527

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, Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

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: 165440.00
  • Land Assessed Value: 41360.00
  • Land Use Code: S30
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16.00 x 60.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 960.00
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: CMX1
  • Zoning Description: CMX-1 is intended for small-scale, low-impact, neighborhood-serving commercial uses.

Rental Info

  • Ground Rent Exists: No
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1039563
  • School Tax: 1588.00
  • Tax Annual Amount: 2895.00
  • Assessor Parcel Number: 871120800
  • Tax Lot: 185
  • Tax Total Finished Sq Ft: 1600
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 05/24/2021

Multi Family

  • Number Of Units Vacant: 2
  • 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
Nov 2, 2020
Closed on
May 24, 2021
Sold by
Zheng Manjun
Bought by
Scarfo Vincent Edward
Seller's Agent
Ada Cheung
Realty Mark Associates
Buyer's Agent
Jennifer Bagby
KW Empower
List Price
$374,900
Sold Price
$354,500
Premium/Discount to List
-$20,400
-5.44%
Current Estimated Value
$365,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,384
Avg. Annual Appreciation
-0.21%
Original Mortgage
$283,600
Outstanding Balance
$259,544
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$91,884

Purchase Details

Closed on
Jul 29, 2005
Sold by
Dijoseph Robert
Bought by
Leonetti Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 3, 1997
Sold by
Dijoseph John and Dijoseph Angelina
Bought by
Dijoseph John and Dijoseph Robert
Source: Public Records

Range of Values:

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Average Value
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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
Scarfo Vincent Edward $354,500 Go Abstract Services Llc
Leonetti Properties Llc $200,000 None Available
Dijoseph John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scarfo Vincent Edward $283,600
Previous Owner Leonetti Properties Llc $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Sold $354,500 -5.4% $222 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
03/28/2021 03/28/21 For Sale $374,900 +5.8% $234 / Sq Ft
03/26/2021 03/26/21 Off Market $354,500 -- --
11/02/2020 11/02/20 For Sale $374,900 -- $234 / 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 $3,939 $287,200 $57,440 $229,760
2024 $3,939 $287,200 $57,440 $229,760
2023 $3,939 $281,400 $56,280 $225,120
2022 $2,895 $281,400 $56,280 $225,120
2021 $2,895 $0 $0 $0
2020 $2,895 $206,800 $41,360 $165,440
2019 $2,867 $0 $0 $0
2018 $2,784 $0 $0 $0
2017 $2,464 $0 $0 $0
2016 $2,464 $0 $0 $0
2015 $2,358 $0 $0 $0
2014 -- $176,000 $19,200 $156,800
2012 -- $15,360 $1,838 $13,522
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH951388

Bright MLS

APN: 871120800