Seller's Agent in 2022
Christopher Somers
KW Empower
(267) 987-4443
25 in this area
593 Total Sales
1627 Wakeling St Philadelphia, PA 19124
Frankford NeighborhoodEstimated Value: $213,000 - $256,557
--
Bed
3
Baths
1,440
Sq Ft
$160/Sq Ft
Est. Value
About This Home
As of March 2022Investors only are welcome! Turn Key property, 1627 Wakeling St is a lovely porch front, 2 story Duplex in Frankford. This property is guaranteed income! The 1st floor unit is currently occupied paying $800 /month on a month to month lease, the 2nd floor is occupied starting 1/30/22 paying $875 /month (lease ends 1/31/23) and both pay all utilities. Both units are a 2 bed, 1 bath. The home is in good condition and was remodeled in 2019 including new granite countertops. Additional features include gas heating and cooking, an unfinished basement and no laundry hookup available.
Last Agent to Sell the Property
(267) 987-4443 thesomersteam@gmail.com KW Empower License #RS278328 Listed on: 01/07/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,306
Year Built
- Built in 1945
Lot Details
- 1,954 Sq Ft Lot
- Lot Dimensions are 21.00 x 93.03
Parking
- On-Street Parking
Home Design
- 1,440 Sq Ft Home
- Duplex
- Straight Thru Architecture
- Stone Foundation
- Masonry
Utilities
- Forced Air Heating System
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 171
- Assessor Parcel Number 622001100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 7, 2022
Closed on
Mar 22, 2022
Sold by
Law I Real Estate Llc Law If Series Llc
Bought by
Fieig Joshua
Seller's Agent
Christopher Somers
KW Empower
Buyer's Agent
Jack Xiao
Foundation Realty Group Inc
List Price
$190,000
Sold Price
$190,000
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
$40,889
Avg. Annual Appreciation
5.56%
Original Mortgage
$142,500
Outstanding Balance
$132,794
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$98,095
Purchase Details
Closed on
Jul 17, 2015
Sold by
Law 1 Real Estate Llc Law If Series
Bought by
Law 1 Real Estate Llc Law If Series
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,291,915
Interest Rate
3.88%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Mar 26, 2015
Sold by
Tailor Richard and Tailor Shilpa
Bought by
Law 1 Real Estate Llc and Series 1F
Purchase Details
Closed on
May 10, 2013
Sold by
Tailor Richard
Bought by
Tailor Shilpa
Purchase Details
Listed on
Jun 5, 2012
Closed on
Jul 14, 2012
Sold by
Fannie Mae
Bought by
Tailor Richard
Seller's Agent
MITAL AMIN
Keller Williams Real Estate - Princeton
Buyer's Agent
John Johnston
Tesla Realty Group, LLC
List Price
$7,500
Sold Price
$7,400
Premium/Discount to List
-$100
-1.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.57%
Purchase Details
Listed on
Jun 5, 2012
Closed on
Jun 7, 2012
Sold by
Mehmood Sumaira and Mehmood Imran
Bought by
Federal National Mortgage Association
Seller's Agent
MITAL AMIN
Keller Williams Real Estate - Princeton
Buyer's Agent
John Johnston
Tesla Realty Group, LLC
List Price
$7,500
Sold Price
$7,400
Premium/Discount to List
-$100
-1.33%
Purchase Details
Closed on
Feb 6, 2004
Sold by
Shorter Daniela and Shorter Brian
Bought by
Mehmood Sumaira and Mehmood Imran
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 8, 2001
Sold by
Whited Luckie
Bought by
Shorter Daniela and Shorter Brian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
6.98%
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 |
|---|---|---|---|
| Fieig Joshua | $190,000 | Closing Edge Llc | |
| Law 1 Real Estate Llc Law If Series | -- | None Available | |
| Law 1 Real Estate Llc | $56,500 | Statewide Abstract Group | |
| Tailor Shilpa | -- | None Available | |
| Tailor Richard | $74,000 | None Available | |
| Federal National Mortgage Association | $4,700 | None Available | |
| Mehmood Sumaira | $45,000 | -- | |
| Shorter Daniela | $45,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fieig Joshua | $142,500 | |
| Previous Owner | Law 1 Real Estate Llc Law If Series | $132,291,915 | |
| Previous Owner | Mehmood Sumaira | $40,500 | |
| Previous Owner | Shorter Daniela | $36,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/31/2022 03/31/22 | Sold | $190,000 | 0.0% | $132 / Sq Ft | |
| 01/13/2022 01/13/22 | Pending | -- | -- | -- | |
| 01/07/2022 01/07/22 | For Sale | $190,000 | +245.5% | $132 / Sq Ft | |
| 12/28/2012 12/28/12 | Sold | $55,000 | +0.2% | $38 / Sq Ft | View Prior Sale |
| 11/16/2012 11/16/12 | Pending | -- | -- | -- | |
| 11/16/2012 11/16/12 | For Sale | $54,900 | +641.9% | $38 / Sq Ft | |
| 07/27/2012 07/27/12 | Sold | $7,400 | -1.3% | $5 / Sq Ft | View Prior Sale |
| 06/13/2012 06/13/12 | Pending | -- | -- | -- | |
| 06/05/2012 06/05/12 | For Sale | $7,500 | -- | $5 / 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 | $1,677 | $209,000 | $41,800 | $167,200 |
| 2025 | $1,677 | $209,000 | $41,800 | $167,200 |
| 2024 | $1,677 | $209,000 | $41,800 | $167,200 |
| 2023 | $1,677 | $119,800 | $23,960 | $95,840 |
| 2022 | $1,306 | $119,800 | $23,960 | $95,840 |
| 2021 | $1,306 | $0 | $0 | $0 |
| 2020 | $1,306 | $0 | $0 | $0 |
| 2019 | $1,253 | $0 | $0 | $0 |
| 2018 | $1,229 | $0 | $0 | $0 |
| 2017 | $1,229 | $0 | $0 | $0 |
| 2016 | $1,229 | $0 | $0 | $0 |
| 2015 | $1,177 | $0 | $0 | $0 |
| 2014 | -- | $87,800 | $22,662 | $65,138 |
| 2012 | -- | $10,144 | $2,140 | $8,004 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Somers
-
STEPHANIE SOMERS
Seller Co-Listing Agent in 2022
STEPHANIE SOMERS
KW Empower
(215) 694-3707
14 in this area
80 Total Sales
-
Jack Xiao
J
Buyer's Agent in 2022
Jack Xiao
Foundation Realty Group Inc
(267) 241-3388
18 in this area
31 Total Sales
-
M
Seller's Agent in 2012
MITAL AMIN
Keller Williams Real Estate - Princeton
-
John Johnston
J
Buyer's Agent in 2012
John Johnston
Tesla Realty Group, LLC
(484) 716-1026
22 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2064410
APN: 622001100
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