$209,000
SOLD OCT 3, 2024
-- Bed
-- Bath
2,240 Sq Ft
1,056 Sq Ft Lot

Recently Sold

$93 Per Sq Ft

3% Below List Price

18 Days on Market

Highlights

  • Traditional Architecture
  • Dining Area
  • Radiator

About This Home

As of October 2024

Welcome to this incredible investment opportunity in the heart of Philadelphia! This historic 5 bedroom, 1 bath home, located in Point Breeze, is ready for a gut renovation, making it a dream project for investors and developers alike. Ideal for a duplex conversion with 2 bedroom rentals commanding $1800+ /month, incredible opportunity to house hack!

With its classic Philadelphia architecture and charming facade, this property boasts immense potential. Spread across multiple levels, the spacious interior offers ample room for creative redesign and modernization. From its high ceilings to its original hardwood floors, this home is a blank canvas awaiting transformation.

Point Breeze is known for its vibrant community and proximity to amenities, and promises a high return on investment. Surrounding properties have undergone successful renovations, further enhancing the appeal of this opportunity. Investors and developers will appreciate the flexibility to customize the layout and design according to their vision, whether it be creating luxury condominiums or upscale rental units. With the potential for significant appreciation, this project is primed for success in Philadelphia’s thriving real estate market. Even better, you can purchase this home in conjunction with 2035 Wilder St which is less than a mile away.

Don’t miss out on this rare chance to make your mark on Philadelphia’s landscape and maximize your investment potential. Contact us today to schedule a viewing and explore the possibilities of this extraordinary property!

Last Agent to Sell the Property

Charissa Prince-Ferdinand

Elfant Wissahickon-Rittenhouse Square License #RS339524 Listed on: 08/26/2024

Elfant Wissahickon-Rittenhouse Square

Last Buyer's Agent

William Hannum

Real of Pennsylvania License #RS358666

Real of Pennsylvania

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 1,056 Sq Ft Lot
  • Lot Dimensions are 16.00 x 66.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Stone Foundation
  • Masonry

Interior Spaces

  • 2,240 Sq Ft Home
  • Dining Area
  • Unfinished Basement

Utilities

  • Radiator
  • Electric Water Heater

Community Details

  • Point Breeze Subdivision

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number 364118000

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this incredible investment opportunity in the heart of Philadelphia! This historic 5 bedroom, 1 bath home, located in Point Breeze, is ready for a gut renovation, making it a dream project for investors and developers alike. Ideal for a duplex conversion with 2 bedroom rentals commanding $1800+ /month, incredible opportunity to house hack! With its classic Philadelphia architecture and charming facade, this property boasts immense potential. Spread across multiple levels, the spacious interior offers ample room for creative redesign and modernization. From its high ceilings to its original hardwood floors, this home is a blank canvas awaiting transformation. Point Breeze is known for its vibrant community and proximity to amenities, and promises a high return on investment. Surrounding properties have undergone successful renovations, further enhancing the appeal of this opportunity. Investors and developers will appreciate the flexibility to customize the layout and design according to their vision, whether it be creating luxury condominiums or upscale rental units. With the potential for significant appreciation, this project is primed for success in Philadelphia’s thriving real estate market. Even better, you can purchase this home in conjunction with 2035 Wilder St which is less than a mile away. Don’t miss out on this rare chance to make your mark on Philadelphia’s landscape and maximize your investment potential. Contact us today to schedule a viewing and explore the possibilities of this extraordinary property!
  • Special Features: None

Interior Features

  • Interior Amenities: Dining Area
  • Fireplace: No
  • Foundation Details: Stone
  • Room Count: 5
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2240
  • Living Area Sq Ft: 2240
  • Price Per Sq Ft: 95.98
  • Above Grade Finished Sq Ft: 2240
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1710

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Roof: Unknown
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16.00 x 66.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1056.00
  • Year Assessed: 2024
  • Zoning: RM1

Rental Info

  • Ground Rent Exists: No
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • School Tax: 3426.00
  • Tax Annual Amount: 6118.00
  • Assessor Parcel Number: 364118000
  • Tax Lot: 51
  • Tax Year: 2024
  • Close Date: 10/03/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Oct 29, 2024
Sold by
Hatton Ellison and Wilson Michelle H
Bought by
Briq House Llc
Seller's Agent
Charissa Prince-Ferdinand
Elfant Wissahickon-Rittenhouse Square
Buyer's Agent
William Hannum
Real of Pennsylvania
List Price
$299,000
Sold Price
$209,000
Premium/Discount to List
-$90,000
-30.1%
Views
38
Current Estimated Value
$537,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,500
Avg. Annual Appreciation
53.20%
Original Mortgage
$389,900
Interest Rate
6.08%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 18, 1957
Bought by
Ellison Hatton and Ellison Henrietta
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 Type Sale Price Title Company
Deed $209,500 Prosperity Abstract
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 Credit Line Revolving
Closed $389,900 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2024 10/29/24 Sold $209,000 0.0% $93 / Sq Ft
10/03/2024 10/03/24 Sold $209,000 -2.8% $93 / Sq Ft
08/26/2024 08/26/24 For Sale $215,000 0.0% $96 / Sq Ft
08/13/2024 08/13/24 Price Changed $215,000 -21.8% $96 / Sq Ft
06/21/2024 06/21/24 Price Changed $275,000 -8.0% $123 / Sq Ft
05/30/2024 05/30/24 For Sale $299,000 -- $133 / 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 $6,119 $371,200 $74,240 $296,960
2024 $6,119 $371,200 $74,240 $296,960
2023 $6,119 $437,100 $87,420 $349,680
2022 $1,408 $392,100 $87,420 $304,680
2021 $2,038 $0 $0 $0
2020 $2,038 $0 $0 $0
2019 $1,895 $0 $0 $0
2018 $897 $0 $0 $0
2017 $1,317 $0 $0 $0
2016 $1,317 $0 $0 $0
2015 $1,261 $0 $0 $0
2014 -- $94,100 $10,784 $83,316
2012 -- $3,712 $791 $2,921
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2389992

Bright MLS

APN: 364118000