W
Seller's Agent in 2021
Wei Lin
Longlong Zhan Real Estate Investment
(484) 889-2740
1 in this area
26 Total Sales
1618 N Bouvier St Philadelphia, PA 19121
North Philadelphia West NeighborhoodEstimated Value: $363,000 - $526,681
8
Beds
3
Baths
2,130
Sq Ft
$215/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Eat-In Kitchen
- Hot Water Heating System
- No HOA
- Central Air
About This Home
As of October 2021Completely renovated with new additions in 2019! It features 8 decent size bedrooms and 3 bathrooms with laundry unit in the finished basement. It has central HVAC system and a great backyard for activities or just rest. It is an excellent turn key rental property with close to 9% NOI cap rate after tax and other expenses. The property is in excellent condition and pretty much maintenance free. It's currently fully occupied by 8 great temple students with the lease to 07/31/2021 for $4200 per month. The good part is that the lease is renewed to 07/31/2022 for school year of 2021-2022. So you have one more full year to collect rents after purchase. This property is easy to rent out due to its location and excellent condition. The rent is slightly lower than the market on the similar location and condition by comparison. So there is great potential to increase the rent for school year of 2022-2023 post pandemic. Great location with this awesome investment property in the heart of the Temple University! Only a couple blocks away from the main campus! Just moments to the Broad Street Line at located at the Cecil B Moore Station - BSL stop. Easy access to shopping, public transportation & the Fresh Grocer, Temple University Sports Complex and The Liacouras Center & Pearson-McGonigle Hall. Come to view it today! Don't miss this great investment opportunity! Add it to your next investment portfolio!
Last Agent to Sell the Property
(484) 889-2740 jaylin675@gmail.com Longlong Zhan Real Estate Investment License #2444122 Listed on: 07/09/2021
Last Buyer's Agent
(484) 889-2740 jaylin675@gmail.com Longlong Zhan Real Estate Investment License #2444122 Listed on: 07/09/2021
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $5,515
Year Built
- Built in 1920
Lot Details
- 1,110 Sq Ft Lot
- Lot Dimensions are 15.00 x 74.00
Parking
- Off-Street Parking
Home Design
- Traditional Architecture
- Masonry
Interior Spaces
- 2,130 Sq Ft Home
- Property has 3 Levels
- Basement Fills Entire Space Under The House
- Eat-In Kitchen
Bedrooms and Bathrooms
- 8 Main Level Bedrooms
- 3 Full Bathrooms
Utilities
- Central Air
- Cooling System Utilizes Natural Gas
- Hot Water Heating System
- Electric Water Heater
Community Details
- No Home Owners Association
- Temple University Subdivision
Listing and Financial Details
- Tax Lot 145
- Assessor Parcel Number 471283000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 9, 2021
Closed on
Oct 28, 2021
Sold by
Future Realty Investment Llc
Bought by
Shaw Cyrus
Seller's Agent
Wei Lin
Longlong Zhan Real Estate Investment
Buyer's Agent
Wei Lin
Longlong Zhan Real Estate Investment
List Price
$495,000
Sold Price
$440,000
Premium/Discount to List
-$55,000
-11.11%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,670
Avg. Annual Appreciation
0.97%
Original Mortgage
$402,996
Interest Rate
3.11%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 11, 2019
Closed on
Apr 9, 2019
Sold by
Mwh Holdings Llc
Bought by
Future Realty Investment Llc
Seller's Agent
Marc Bennett
KW Empower
Buyer's Agent
Marc Bennett
KW Empower
List Price
$449,999
Sold Price
$390,000
Premium/Discount to List
-$59,999
-13.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%
Original Mortgage
$253,500
Interest Rate
4.4%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 10, 2011
Sold by
Duckett Patricia and Ducket Mia
Bought by
Duckett Patricia and Duckett Mia
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shaw Cyrus | $440,000 | Core Abstract | |
| Future Realty Investment Llc | $390,000 | None Available | |
| Duckett Patricia | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Shaw Cyrus | $402,996 | |
| Previous Owner | Future Realty Investment Llc | $253,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/28/2021 10/28/21 | Sold | $440,000 | 0.0% | $207 / Sq Ft | |
| 10/18/2021 10/18/21 | Off Market | $440,000 | -- | -- | |
| 09/05/2021 09/05/21 | Off Market | $440,000 | -- | -- | |
| 09/03/2021 09/03/21 | Pending | -- | -- | -- | |
| 08/13/2021 08/13/21 | Price Changed | $476,000 | -3.8% | $223 / Sq Ft | |
| 07/09/2021 07/09/21 | For Sale | $495,000 | +26.9% | $232 / Sq Ft | |
| 03/29/2019 03/29/19 | Sold | $390,000 | -10.3% | -- | View Prior Sale |
| 02/19/2019 02/19/19 | Price Changed | $435,000 | -3.3% | -- | |
| 02/11/2019 02/11/19 | For Sale | $449,999 | +181.2% | -- | |
| 03/23/2018 03/23/18 | Sold | $160,000 | +14.3% | $105 / Sq Ft | View Prior Sale |
| 02/24/2018 02/24/18 | Pending | -- | -- | -- | |
| 02/16/2018 02/16/18 | For Sale | $140,000 | -- | $92 / 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 |
|---|---|---|---|---|
| 2026 | $8,647 | $447,300 | $89,460 | $357,840 |
| 2025 | $8,647 | $542,500 | $108,500 | $434,000 |
| 2024 | $8,647 | $542,500 | $108,500 | $434,000 |
| 2023 | $8,647 | $617,700 | $123,500 | $494,200 |
| 2022 | $5,515 | $617,700 | $123,500 | $494,200 |
| 2021 | $5,515 | $0 | $0 | $0 |
| 2020 | $2,139 | $0 | $0 | $0 |
| 2019 | $2,068 | $0 | $0 | $0 |
| 2018 | $1,991 | $0 | $0 | $0 |
| 2017 | $1,991 | $0 | $0 | $0 |
| 2016 | $1,571 | $0 | $0 | $0 |
| 2015 | $813 | $0 | $0 | $0 |
| 2014 | -- | $90,700 | $7,659 | $83,041 |
| 2012 | -- | $2,368 | $214 | $2,154 |
Source: Public Records
Agents Affiliated with this Home
-
Wei Lin
-
Marc Bennett
Seller's Agent in 2019
Marc Bennett
KW Empower
(609) 774-6936
45 in this area
190 Total Sales
-
Tara Buie
Seller's Agent in 2018
Tara Buie
Keller Williams Realty - Washington Township
(856) 304-3339
1 in this area
66 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2008902
APN: 471283000
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