NOT LISTED FOR SALE

Estimated Value: $423,000 - $445,555

-- Bed
2 Baths
2,280 Sq Ft
$190/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $420,000 $184 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,698/month

2 Days on Market

About This Home

As of June 2023

Welcome to 1607 Griffith St Conveniently located in Rhawnhurst! This duplex is 3+ 2 duplex which do not come on the market often! This home is 8 minutes from the train station, 13 minutes from I 95, and walking distance to many stores and restaurants! With the 2nd floor unit being vacant, this is the perfect opportunity to "House Hack;" and move into Unit 2 and collect rent from Unit 1! The first floor unit features 2 bedrooms, 1 full bath, and is currently occupied on a month to month lease at $1,300. The 2nd floor features 3 bedrooms and 1 full bath. This 2nd floor unit has also been updated recently. Both units have interior access to the shared laundry space which has washer & dryer for both units. All appliances included!

Last Agent to Sell the Property

Karl Schnitzer

(267) 575-8750 schnitzer93@gmail.com RE/MAX Affiliates License #RS351730 Listed on: 05/03/2023

RE/MAX Affiliates

Last Buyer's Agent

Irine Javakhadze

(215) 519-5678 irinej@homestarrinc.com Homestarr Realty

Homestarr Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,643

Year Built

  • Built in 1962

Lot Details

  • 3,179 Sq Ft Lot
  • Lot Dimensions are 30.00 x 108.00

Parking

  • Driveway

Home Design

  • 2,280 Sq Ft Home
  • Duplex
  • Masonry

Utilities

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

Community Details

  • 2 Units
  • Fox Chase Subdivision

Listing and Financial Details

  • Tax Lot 380
  • Assessor Parcel Number 561538300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,643

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Unit 1, Washer, Dryer, Refrigerator, Range, Dishwasher Unit 2, Washer, Dryer, Refrigerator, Range, Dishwasher
  • New Construction: No
  • Year Built: 1962
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 1607 Griffith St Conveniently located in Rhawnhurst! This duplex is 3+ 2 duplex which do not come on the market often! This home is 8 minutes from the train station, 13 minutes from I 95, and walking distance to many stores and restaurants! With the 2nd floor unit being vacant, this is the perfect opportunity to "House Hack;" and move into Unit 2 and collect rent from Unit 1! The first floor unit features 2 bedrooms, 1 full bath, and is currently occupied on a month to month lease at $1,300. The 2nd floor features 3 bedrooms and 1 full bath. This 2nd floor unit has also been updated recently. Both units have interior access to the shared laundry space which has washer & dryer for both units. All appliances included!
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Total Sq Ft: 2280
  • Living Area Sq Ft: 2280
  • Price Per Sq Ft: 175.44
  • Above Grade Finished Sq Ft: 2280
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1607

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: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: 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: 265360.00
  • Land Assessed Value: 66340.00
  • Land Use Code: W30
  • Lot Size Acres: 0.07
  • Lot Dimensions: 30.00 x 108.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3179.00
  • Year Assessed: 2023
  • Zoning: RSA3

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Total Actual Rent: 15600.00
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1291325
  • School Tax: 2547.00
  • Tax Annual Amount: 4643.00
  • Assessor Parcel Number: 561538300
  • Tax Lot: 380
  • Tax Total Finished Sq Ft: 2280
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/20/2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Jun 21, 2023
Sold by
Herrmann Timothy
Bought by
Ghambarashvili Dimitri
Seller's Agent
Karl Schnitzer
RE/MAX Affiliates
Buyer's Agent
Irine Javakhadze
Homestarr Realty
List Price
$399,999
Sold Price
$420,000
Premium/Discount to List
$20,001
5%
Views
113
Current Estimated Value
$434,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,185
Avg. Annual Appreciation
1.45%
Original Mortgage
$366,300
Interest Rate
6.71%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 21, 2014
Closed on
Apr 9, 2015
Sold by
Ireit Llc
Bought by
Herrmann Timothy
Seller's Agent
Heather Leisey
KW Empower
Buyer's Agent
Joe Bianchimano
RE/MAX 2000
List Price
$224,900
Sold Price
$214,900
Premium/Discount to List
-$10,000
-4.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$220,057
Interest Rate
3.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 2, 2014
Sold by
Bank Of America N A
Bought by
Ireit Llc

Purchase Details

Closed on
Nov 6, 2014
Sold by
Rahman Mohammed K and Mb Financial Bank Na
Bought by
Bank Of America Na and Mb Financial Bank Na

Purchase Details

Closed on
Jul 20, 2006
Sold by
Seltzer Robin A
Bought by
Rahman Mohammed K and Rahman Nayeema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,850
Interest Rate
6.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 27, 1999
Sold by
Seltzer Paula
Bought by
Seltzer Robin A
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
Ghambarashvili Dimitri $405,000 None Listed On Document
Herrmann Timothy $214,900 None Available
Ireit Llc $141,750 Servicelink
Bank Of America Na $95,000 None Available
Rahman Mohammed K $250,500 None Available
Seltzer Robin A $90,000 --
Seltzer Paula -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ghambarashvili Dimitri $366,300
Previous Owner Herrmann Timothy $220,057
Previous Owner Rahman Mohammed K $187,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2023 06/20/23 Sold $420,000 +5.0% $184 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $399,999 +86.1% $175 / Sq Ft
04/09/2015 04/09/15 Sold $214,900 -4.4% $94 / Sq Ft View Prior Sale
02/03/2015 02/03/15 Pending -- -- --
12/21/2014 12/21/14 For Sale $224,900 -- $99 / 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 $4,643 $399,600 $79,920 $319,680
2024 $4,643 $399,600 $79,920 $319,680
2023 $4,643 $331,700 $66,340 $265,360
2022 $2,709 $286,700 $66,340 $220,360
2021 $3,339 $0 $0 $0
2020 $3,339 $0 $0 $0
2019 $3,127 $0 $0 $0
2018 $2,361 $0 $0 $0
2017 $2,781 $0 $0 $0
2016 $2,781 $0 $0 $0
2015 $2,663 $0 $0 $0
2014 -- $198,700 $51,822 $146,878
2012 -- $26,496 $3,774 $22,722
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2231126

Bright MLS

APN: 561538300