NOT LISTED FOR SALE

Estimated Value: $211,000 - $320,000

2 Beds
1 Bath
972 Sq Ft
$266/Sq Ft Est. Value

Last Sold July 06, 2016

Last sale price $120,000 $123 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $1,463/month

Highlights

  • Straight Thru Architecture
  • No HOA
  • Living Room
  • Wood Flooring
  • Eat-In Kitchen
  • 5-minute walk to Vare Park

About This Home

As of July 2016

Property is a total "gut" rehab, completed by the Philadelphia Redevelopment Authority. It is targeted to potential homebuyers earning up to 80% of Philadelphia's Area Median Income (AMI). Since the property falls under the Authority's affordable program, the home must be the primary residence for the buyer and accept a 10 year term "soft second mortgage" and deed restriction. No payments are required on the soft second mortgage and at the end of the term the soft second mortgage will be eliminated. If buyer sells the house before the end of the 10 year term, they will be required to sell the home to a homebuyer who also meets the same income guidelines. Sale and final settlement must be approved by the Board of Directors of the Philadelphia Redevelopment Authority.

Last Agent to Sell the Property

Val Pasquarella

(215) 356-7176 val@pasquarella.net V. H. Pasquarella Company Listed on: 09/02/2015

Last Buyer's Agent

Sivan Ilamathi

(215) 627-3500 sivan@kw.com Keller Williams Philadelphia License #RS325567

Keller Williams Philadelphia

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,331

Year Built

  • Built in 1915 | Remodeled in 2015

Lot Details

  • 779 Sq Ft Lot
  • Lot Dimensions are 14x55
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Straight Thru Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 972 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

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

Community Details

  • No Home Owners Association
  • Point Breeze Subdivision

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number 364180805

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,331

Year Built

Built in 1915 | Remodeled in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Year Renovated: 2015
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Range, Dishwasher, Refrigerator, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 972
  • Living Area Sq Ft: 972
  • Net Sq Ft: 972.00
  • Price Per Sq Ft: 128.50
  • Above Grade Finished Sq Ft: 972
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco, Brick
  • Construction Completed: No
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • 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

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.02
  • Lot Dimensions: 14X55
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 779.00
  • Property Condition: Good
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1393517
  • Assessor Parcel Number: 364180805
  • Tax Lot: 61
  • Tax Year: 2016

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2015
Closed on
Jul 6, 2016
Sold by
The Philadelphia Redevelopment Authority
Bought by
Mchogh Maureen
Seller's Agent
Val Pasquarella
V. H. Pasquarella Company
Buyer's Agent
Sivan Ilamathi
Keller Williams Philadelphia
List Price
$124,900
Sold Price
$120,000
Premium/Discount to List
-$4,900
-3.92%
Current Estimated Value
$258,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,448
Avg. Annual Appreciation
8.58%
Original Mortgage
$96,000
Outstanding Balance
$76,686
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$181,762

Purchase Details

Closed on
May 14, 2014
Sold by
Philadelphia Housing Developments Corp
Bought by
Philadelphia Redevelopment Authority

Purchase Details

Closed on
Apr 10, 1986
Bought by
Phila Housing Dev Corp
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
Mchogh Maureen $120,000 None Available
Philadelphia Redevelopment Authority -- None Available
Phila Housing Dev Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mchogh Maureen $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2016 07/06/16 Sold $120,000 -3.9% $123 / Sq Ft
05/03/2016 05/03/16 Pending -- -- --
09/02/2015 09/02/15 For Sale $124,900 -- $128 / 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 $1,331 $273,400 $54,680 $218,720
2024 $1,331 $273,400 $54,680 $218,720
2023 $1,331 $270,100 $54,020 $216,080
2022 $812 $95,075 $54,020 $41,055
2021 $957 $0 $0 $0
2020 $957 $0 $0 $0
2019 $894 $0 $0 $0
2018 $812 $0 $0 $0
2017 $812 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $43,500 $8,132 $35,368
2012 -- $3,200 $526 $2,674
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002627576

Bright MLS

APN: 364180805