NOT LISTED FOR SALE

Estimated Value: $216,486 - $232,000

-- Bed
2 Baths
1,440 Sq Ft
$155/Sq Ft Est. Value

Last Sold February 20, 2017

Last sale price $120,000 $83 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,389/month

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Replacement Windows
  • 2 Car Detached Garage
  • Hot Water Heating System
  • Wall to Wall Carpet

About This Home

As of February 2017

Very nice 1+1 duplex for investor or owner occupant. Second floor apartment has recent kitchen and recent ceramic tile bath. Full basement, detached two car garage for additional income. All utilities are separate including heat. All units are occupied. Make money while you sleep!! Current occupants require at least 24 hours notice to show. Rents are currently below market

Last Agent to Sell the Property

John Gerhard

(215) 885-1000 jhg50@aol.com Gerhard Associates Inc Listed on: 06/14/2016

Last Buyer's Agent

John Gerhard

(215) 885-1000 jhg50@aol.com Gerhard Associates Inc Listed on: 06/14/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,701

Year Built

  • Built in 1976

Lot Details

  • 2,250 Sq Ft Lot
  • Lot Dimensions are 22x100
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,440 Sq Ft Home
  • Replacement Windows
  • Wall to Wall Carpet
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 102293900

Community Details

Overview

  • No Home Owners Association
  • Mt Airy Subdivision

Building Details

  • Operating Expense $1,701

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,701

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1976
  • Remarks Public: Very nice 1+1 duplex for investor or owner occupant. Second floor apartment has recent kitchen and recent ceramic tile bath. Full basement, detached two car garage for additional income. All utilities are separate including heat. All units are occupied. Make money while you sleep!! Current occupants require at least 24 hours notice to show. Rents are currently below market
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted
  • Window Features: Replacement
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1440
  • Living Area Sq Ft: 1440
  • Price Per Sq Ft: 93.68
  • Above Grade Finished Sq Ft: 1440
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1631

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Street
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Improvement Assessed Value: 103275.00
  • Land Assessed Value: 18225.00
  • Land Use Code: W30
  • Lot Size Acres: 0.05
  • Lot Dimensions: 22X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2250.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: RSA3

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 14760.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 937840
  • Tax Annual Amount: 1701.00
  • Assessor Parcel Number: 102293900
  • Tax Lot: 53
  • Tax Year: 2016
  • Close Date: 02/20/2017

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2016
Closed on
Feb 21, 2017
Sold by
Gerahaed Robert C and Gerahaed Robert C
Bought by
Reid Ronald E
Seller's Agent
John Gerhard
Gerhard Associates Inc
Buyer's Agent
John Gerhard
Gerhard Associates Inc
List Price
$134,900
Sold Price
$120,000
Premium/Discount to List
-$14,900
-11.05%
Current Estimated Value
$222,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,495
Avg. Annual Appreciation
7.41%
Original Mortgage
$90,000
Outstanding Balance
$74,349
Interest Rate
4.12%
Mortgage Type
Commercial
Estimated Equity
$148,146

Purchase Details

Closed on
Apr 11, 2013
Sold by
Gerhard Robert C and Estate Of Jane D Gerhard
Bought by
Gerhard Robert C and The Jane D Gerhard Trust

Purchase Details

Closed on
Dec 3, 1991
Bought by
Gerhard Robert C and Gerhard Jane D
Source: Public Records

Range of Values:

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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
Reid Ronald E $120,000 None Available
Gerhard Robert C -- None Available
Gerhard Robert C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reid Ronald E $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2017 02/20/17 Sold $120,000 -11.0% $83 / Sq Ft
12/24/2016 12/24/16 Pending -- -- --
06/14/2016 06/14/16 For Sale $134,900 -- $94 / 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 $2,510 $246,700 $49,340 $197,360
2024 $2,510 $246,700 $49,340 $197,360
2023 $2,510 $179,300 $35,860 $143,440
2022 $2,042 $179,300 $35,860 $143,440
2021 $2,042 $0 $0 $0
2020 $2,042 $0 $0 $0
2019 $2,016 $0 $0 $0
2018 $1,701 $0 $0 $0
2017 $1,701 $0 $0 $0
2016 $1,701 $0 $0 $0
2015 $1,628 $0 $0 $0
2014 -- $121,500 $17,592 $103,908
2012 -- $18,784 $3,206 $15,578
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000032844

Bright MLS

APN: 102293900