Seller's Agent in 2025
Maria Quattrone
RE/MAX
(215) 607-3535
8 in this area
506 Total Sales
1611 W Erie Ave Philadelphia, PA 19140
Tioga Neighborhood
--
Bed
--
Bath
1,728
Sq Ft
1,600
Sq Ft Lot
Highlights
- Traditional Architecture
- 4-minute walk to Erie
- Soaking Tub
- Wood Flooring
- Built-In Features
- Radiator
About This Home
As of March 2025This updated duplex property located in Nicetown-Tioga neighborhood offers a fantastic investment opportunity. The building features two modern, renovated units with updated finishes and hardwood floors throughout. Unit 1, located on the first floor, includes 2 bedrooms, 1 bathroom, and is currently rented out for $850/month. The first floor also has access to a rear yard from the kitchen and a full basement for additional storage. Unit 2, on the second floor, boasts 3 bedrooms and 1 bathroom and has a living room. This unit is currently occupied by the sellers and will be delivered vacant upon closing. The property has all-new water heaters and gas heaters, installed in October 2024, and the front yard is cemented with a charming white picket fence. All the utilities in the property are separated and the seller has a rental licenses for both units making this a legal duplex. This is an excellent opportunity for an owner occupant to live in one of the units while renting the other out to help offset the monthly mortgage payment. Or this can be a good investment opportunity for for an investor looking to add a well maintained duplex to their renal portfolio. Either way this is a must see for owner occupants and investors alike.
The property is being sold in As is Condition.
The property qualifies for the CRA program, offering a conventional loan with no mortgage insurance.
With a Walk Score of 83, Transit Score of 80, and Bike Score of 52, this location offers excellent accessibility. It's just a few minutes from the Erie Station on the BSL, with quick access to the NRG Station and Fern Rock TC. Nearby, you'll find a variety of restaurants and cafes, including Soul Delicious Catering, Church Chicken, Bravo Pizza, Starbucks, and Coffee Land. The property is situated in the Tioga-Nicetown neighborhood of Philadelphia, close to parks such as Marcus Foster Memorial Stadium, Hunting Park, and Fernhill Park.
Don’t let this opportunity pass—schedule your visit today!
Last Agent to Sell the Property
RE/MAX @ HOME License #RS281573 Listed on: 12/09/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,465
Year Built
- Built in 1930
Lot Details
- 1,600 Sq Ft Lot
- Lot Dimensions are 20.00 x 80.00
- Back Yard
- Property is in good condition
Parking
- On-Street Parking
Home Design
- Duplex
- Traditional Architecture
- Masonry
Interior Spaces
- 1,728 Sq Ft Home
- Built-In Features
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Window Bars
Kitchen
- Gas Oven or Range
- Built-In Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- Soaking Tub
- Bathtub with Shower
Location
- Urban Location
Utilities
- Window Unit Cooling System
- Radiator
- Natural Gas Water Heater
- Municipal Trash
Community Details
- 2 Units
- 2-Story Building
- Nicetown Tioga Subdivision
Listing and Financial Details
- Tax Lot 242
- Assessor Parcel Number 131058200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 9, 2024
Closed on
Mar 21, 2025
Sold by
Bamba Ibrahima
Bought by
Dambay Llc
Seller's Agent
Maria Quattrone
RE/MAX @ HOME
Buyer's Agent
Mark Khavinson
Skyline Realty & Property Managment LLC
List Price
$270,000
Sold Price
$220,000
Premium/Discount to List
-$50,000
-18.52%
Views
5850
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Original Mortgage
$176,000
Outstanding Balance
$176,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$47,731
Purchase Details
Closed on
Jun 29, 2007
Sold by
Wynder Brian
Bought by
Bamba Ibrahima
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
11.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 31, 2006
Sold by
Butts James C
Bought by
Wynder Brian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
12.17%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Oct 1, 1994
Sold by
Dales Clarence F T and Dales Dennis Fanny
Bought by
Butts James C
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $220,000 | None Listed On Document | |
| Deed | $116,000 | None Available | |
| Deed | $60,000 | None Available | |
| Deed | -- | Penn Title Insurance Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $176,000 | New Conventional | |
| Previous Owner | $109,250 | Purchase Money Mortgage | |
| Previous Owner | $60,000 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/14/2025 06/14/25 | Off Market | $1,375 | -- | -- |
| 06/07/2025 06/07/25 | For Rent | $1,375 | 0.0% | -- |
| 03/28/2025 03/28/25 | Sold | $220,000 | -4.3% | $127 / Sq Ft |
| 02/13/2025 02/13/25 | Price Changed | $230,000 | -8.0% | $133 / Sq Ft |
| 01/13/2025 01/13/25 | Price Changed | $250,000 | -7.4% | $145 / Sq Ft |
| 12/09/2024 12/09/24 | For Sale | $270,000 | -- | $156 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,104 | $104,700 | $20,940 | $83,760 |
| 2024 | $1,104 | $104,700 | $20,940 | $83,760 |
| 2023 | $1,104 | $78,900 | $15,780 | $63,120 |
| 2022 | $1,104 | $78,900 | $15,780 | $63,120 |
| 2021 | $1,025 | $0 | $0 | $0 |
| 2020 | $1,025 | $0 | $0 | $0 |
| 2019 | $991 | $0 | $0 | $0 |
| 2018 | $924 | $0 | $0 | $0 |
| 2017 | $924 | $0 | $0 | $0 |
| 2016 | $924 | $0 | $0 | $0 |
| 2015 | $884 | $0 | $0 | $0 |
| 2014 | -- | $66,000 | $8,000 | $58,000 |
| 2012 | -- | $8,256 | $3,299 | $4,957 |
Source: Public Records
Agents Affiliated with this Home
-
Maria Quattrone
-
Tonya Knight
Seller Co-Listing Agent in 2025
Tonya Knight
RE/MAX
(215) 515-4391
1 in this area
17 Total Sales
-
Mark Khavinson
M
Buyer's Agent in 2025
Mark Khavinson
Skyline Realty & Property Managment LLC
(267) 393-0056
2 in this area
20 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2423830
APN: 131058200
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