NOT LISTED FOR SALE

1718 Loney St Philadelphia, PA 19111

Rhawnhurst Neighborhood

Estimated Value: $391,750 - $442,000

-- Bed
2 Baths
2,338 Sq Ft
$181/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $365,000 $156 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,608/month

4 Days on Market

About This Home

As of March 2022

Welcome to Rhawnhurst! A desirable and convenient neighborhood close to shopping, schools , and public transportation. This is the perfect property for an owner or investor! The first floor is tenant occupied with 1100/month with very steady tenant. The second floor with nice big size 2 bedrooms and 2 bathroom and huge deck. Rental market in NE Philadelphia is very vibrant, with a huge number of qualified tenants available. Rents are modestly projected at 1300/month.

Last Agent to Sell the Property

Jim Wang

HK99 Realty LLC Listed on: 02/15/2022

Last Buyer's Agent

Ami Patel

Redfin Corporation

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,693

Year Built

  • Built in 1961

Lot Details

  • 528 Sq Ft Lot
  • Lot Dimensions are 42.00 x 13.00

Parking

  • Parking Lot

Home Design

  • 2,338 Sq Ft Home
  • Duplex
  • AirLite
  • Brick Foundation
  • Masonry

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 385
  • Assessor Parcel Number 561551400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,693

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Airlite
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1961
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to Rhawnhurst! A desirable and convenient neighborhood close to shopping, schools , and public transportation. This is the perfect property for an owner or investor! The first floor is tenant occupied with 1100/month with very steady tenant. The second floor with nice big size 2 bedrooms and 2 bathroom and huge deck. Rental market in NE Philadelphia is very vibrant, with a huge number of qualified tenants available. Rents are modestly projected at 1300/month.
  • Special Features: None

Interior Features

  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 2338
  • Living Area Sq Ft: 2338
  • Price Per Sq Ft: 156.12
  • Above Grade Finished Sq Ft: 2338
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1718

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: W30
  • Lot Size Acres: 0.01
  • Lot Dimensions: 42.00 x 13.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 528.00
  • Year Assessed: 2022
  • Zoning: RSA3

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1477.00
  • Tax Annual Amount: 2693.00
  • Assessor Parcel Number: 561551400
  • Tax Lot: 385
  • Tax Total Finished Sq Ft: 2338
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/31/2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2022
Closed on
Mar 23, 2022
Sold by
Zong Li Guang
Bought by
Mitchell Tiffany
Seller's Agent
Jim Wang
HK99 Realty LLC
Buyer's Agent
Ami Patel
Redfin Corporation
List Price
$359,000
Sold Price
$365,000
Premium/Discount to List
$6,000
1.67%
Current Estimated Value
$422,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,583
Avg. Annual Appreciation
3.55%
Original Mortgage
$358,388
Outstanding Balance
$339,183
Interest Rate
4.16%
Mortgage Type
FHA
Estimated Equity
$72,254

Purchase Details

Listed on
Jan 6, 2017
Closed on
Mar 16, 2017
Sold by
Mizia Kristi
Bought by
Li Guang Zong
Seller's Agent
Kathy Mizia
RE/MAX One Realty
Buyer's Agent
Jim Wang
HK99 Realty LLC
List Price
$249,900
Sold Price
$247,000
Premium/Discount to List
-$2,900
-1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.06%
Original Mortgage
$197,000
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 8, 2010
Sold by
Estate Of Nancy Kleest Winkelspecht
Bought by
Mizia Kristi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,041
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 30, 1964
Bought by
Winkelspecht Nancy K and 2Nd Floor
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
Mitchell Tiffany $365,000 Springfield Abstract
Li Guang Zong $247,000 First City Abstract Agency I
Mizia Kristi $135,000 None Available
Winkelspecht Nancy K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Tiffany $358,388
Previous Owner Li Guang Zong $197,000
Previous Owner Mizia Kristi $161,250
Previous Owner Mizia Kristi $164,041
Previous Owner Specht Nancy $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $365,000 0.0% $156 / Sq Ft
02/15/2022 02/15/22 Price Changed $365,000 +1.7% $156 / Sq Ft
02/15/2022 02/15/22 For Sale $359,000 +45.3% $154 / Sq Ft
03/16/2017 03/16/17 Sold $247,000 -1.2% $106 / Sq Ft
01/23/2017 01/23/17 Pending -- -- --
01/06/2017 01/06/17 For Sale $249,900 -- $107 / 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 $3,718 $399,400 $79,880 $319,520
2024 $3,718 $399,400 $79,880 $319,520
2023 $3,718 $265,600 $53,120 $212,480
2022 $2,693 $265,600 $53,120 $212,480
2021 $2,693 $0 $0 $0
2020 $2,693 $0 $0 $0
2019 $2,522 $0 $0 $0
2018 $2,332 $0 $0 $0
2017 $2,332 $0 $0 $0
2016 $2,332 $0 $0 $0
2015 $2,232 $0 $0 $0
2014 -- $166,600 $8,600 $158,000
2012 -- $28,000 $4,460 $23,540
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jim Wang

    HK99 Realty LLC

    (215) 917-9833

    10 in this area

    91 Total Sales

    Jim Wang
    Section Image

  • A

    Buyer's Agent in 2022

    Ami Patel

    Redfin Corporation

    Ami Patel
    Section Image
  • Kathy Mizia

    Seller's Agent in 2017

    Kathy Mizia

    RE/MAX

    (215) 350-9025

    2 in this area

    43 Total Sales

    Kathy Mizia
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2084074

Bright MLS

APN: 561551400

Pennsylvania Philadelphia County Philadelphia 19111 Rhawnhurst

1718 Loney St, Philadelphia, PA

This home is located at 1718 Loney St, Philadelphia, PA 19111 since 15 February 2022 and is currently estimated at $422,583, approximately $180 per square foot. This property was built in 1961. 1718 Loney St is a home located in Philadelphia County with nearby schools including Rhawnhurst School, Castor Gardens Middle School, and Northeast High School.

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