NOT LISTED FOR SALE

Estimated Value: $428,000 - $506,256

-- Bed
-- Bath
2,338 Sq Ft
$195/Sq Ft Est. Value

Last Sold April 25, 2016

Last sale price $257,000 $110 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,835/month

18 Days on Market

Highlights

  • Wood Flooring
  • En-Suite Primary Bedroom
  • Laundry Facilities
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of April 2016

Wow, what a stunning duplex situated in the Rhawnhurst section of the Northeast! Great investment for an owner occupant or investor, this property currently rents for $2,000 plus a month with tenant paying utilities including water! This splendid duplex leaves nothing to wanted with all its impeccable finishes and materials. Located on a beautiful quiet block house was completely renovated with new kitchens, new baths, new HVAC and new appliances including washer and dryer for each unit. Entering the first floor two bedroom unit you are met by a cool modern layout painted and decorated meticulously to the nines with absolutely stunning floors and an ample sized living room that meanders into a dining area and custom sit down kitchen counter that seat 6 more! The kitchen is breathtaking with tile floors, stainless steel appliances, stunning cabinets and backsplash. Down the hall you'll notice a gorgeous bathroom complete with breathtaking tile selection, spa shower and vanity and ample closets lining the hall. Two bedrooms round out the first floor . Unit - 2 features three bedrooms,spacious living space and bedrooms, new kitchen identical to the one downstairs, new bath identical to lower floor, oh and there are refinished hardwood floors underneath the carpets, to boot! Fantastic location in Northeast just minutes from shopping centers, restaurants, Pennypack Creek schools and public transportation. All utilities are separately metered two parking spots in the back of the house, this place has it all whether you are looking have a solid rental income or live in the larger unit and collect rent to feed your mortgage, this is the house.

Last Agent to Sell the Property

Kristoffer Lehman

Keller Williams Real Estate-Blue Bell Listed on: 02/12/2016

Keller Williams Real Estate-Blue Bell

Last Buyer's Agent

Arlene Viray Cui

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,742

Year Built

  • Built in 1961

Lot Details

  • 3,061 Sq Ft Lot
  • Lot Dimensions are 28x108
  • Property is in good condition

Home Design

  • 2,338 Sq Ft Home
  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Pitched Roof
  • Stone Siding

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway
  • On-Street Parking

Utilities

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

Listing and Financial Details

  • Tax Lot 397
  • Assessor Parcel Number 561551300

Community Details

Overview

  • No Home Owners Association
  • Rhawnhurst Subdivision

Additional Features

  • Laundry Facilities
  • Operating Expense $2,742

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,742

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer, Refrigerator
  • New Construction: No
  • Year Built: 1961
  • Remarks Public: Wow, what a stunning duplex situated in the Rhawnhurst section of the Northeast! Great investment for an owner occupant or investor, this property currently rents for $2,000 plus a month with tenant paying utilities including water! This splendid duplex leaves nothing to wanted with all its impeccable finishes and materials. Located on a beautiful quiet block house was completely renovated with new kitchens, new baths, new HVAC and new appliances including washer and dryer for each unit. Entering the first floor two bedroom unit you are met by a cool modern layout painted and decorated meticulously to the nines with absolutely stunning floors and an ample sized living room that meanders into a dining area and custom sit down kitchen counter that seat 6 more! The kitchen is breathtaking with tile floors, stainless steel appliances, stunning cabinets and backsplash. Down the hall you'll notice a gorgeous bathroom complete with breathtaking tile selection, spa shower and vanity and ample closets lining the hall. Two bedrooms round out the first floor . Unit - 2 features three bedrooms,spacious living space and bedrooms, new kitchen identical to the one downstairs, new bath identical to lower floor, oh and there are refinished hardwood floors underneath the carpets, to boot! Fantastic location in Northeast just minutes from shopping centers, restaurants, Pennypack Creek schools and public transportation. All utilities are separately metered two parking spots in the back of the house, this place has it all whether you are looking have a solid rental income or live in the larger unit and collect rent to feed your mortgage, this is the house.
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Tile/Brick, Laminated
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 2338
  • Living Area Sq Ft: 2338
  • Price Per Sq Ft: 116.55
  • Above Grade Finished Sq Ft: 2338
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1716

Exterior Features

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

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Street
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Driveway

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

Schools

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

Lot Info

  • Improvement Assessed Value: 145993.00
  • Land Assessed Value: 49907.00
  • Land Use Code: W30
  • Lot Size Acres: 0.07
  • Lot Dimensions: 28X108
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3061.00
  • Property Condition: Good
  • Zoning: RSA3

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 24000.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1291446
  • Tax Annual Amount: 2742.00
  • Assessor Parcel Number: 561551300
  • Tax Lot: 397
  • Tax Year: 2016
  • Close Date: 04/25/2016

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2016
Closed on
Apr 25, 2016
Sold by
Behamou Michael
Bought by
Salmond Marcell D
Seller's Agent
Kristoffer Lehman
Keller Williams Real Estate-Blue Bell
Buyer's Agent
Arlene Viray Cui
Compass RE
List Price
$272,500
Sold Price
$257,000
Premium/Discount to List
-$15,500
-5.69%
Current Estimated Value
$455,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,085
Avg. Annual Appreciation
6.17%
Original Mortgage
$252,345
Outstanding Balance
$202,779
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$247,161

Purchase Details

Listed on
Jun 2, 2012
Closed on
Sep 4, 2012
Sold by
Lodge Raymond M and Lodge Mary E
Bought by
Benhamou Michael
Seller's Agent
Peggy Hoffner
RE/MAX Reliance
Buyer's Agent
Lisa Risco
Keller Williams Main Line
List Price
$200,000
Sold Price
$185,000
Premium/Discount to List
-$15,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.45%
Original Mortgage
$171,830
Interest Rate
3.75%
Mortgage Type
FHA
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
Salmond Marcell D $257,000 Title Services
Benhamou Michael $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salmond Marcell D $57,801
Open Salmond Marcell D $252,345
Previous Owner Benhamou Michael $171,830
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2016 04/25/16 Sold $257,000 -5.7% $110 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $272,500 +47.3% $117 / Sq Ft
09/05/2012 09/05/12 Sold $185,000 -7.5% $79 / Sq Ft
07/16/2012 07/16/12 Pending -- -- --
06/02/2012 06/02/12 For Sale $200,000 -- $86 / 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 $4,316 $386,600 $77,320 $309,280
2024 $4,316 $386,600 $77,320 $309,280
2023 $4,316 $308,300 $61,660 $246,640
2022 $2,520 $263,300 $61,660 $201,640
2021 $3,150 $0 $0 $0
2020 $3,150 $0 $0 $0
2019 $2,949 $0 $0 $0
2018 $2,742 $0 $0 $0
2017 $2,742 $0 $0 $0
2016 $2,742 $0 $0 $0
2015 $2,625 $0 $0 $0
2014 -- $195,900 $49,907 $145,993
2012 -- $28,000 $4,305 $23,695
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002383982

Bright MLS

APN: 561551300