NOT LISTED FOR SALE

1722 Monument St Philadelphia, PA 19121

North Philadelphia West Neighborhood

Estimated Value: $558,000 - $680,598

-- Bed
4 Baths
2,585 Sq Ft
$244/Sq Ft Est. Value

Last Sold February 27, 2020

Last sale price $517,000 $200 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,959/month

Highlights

  • Newly Remodeled
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of February 2020

LEASED through July 2021A few blocks from Temples University Campus, this 6 year old new construction duplex will start printing money the day you purchase. The property currently has 6 YEARS left on tax abatement. Each unit in this duplex features oak hardwood floors, spacious kitchens with granite countertops high end cabinetry, appliances, tile bathrooms and generous bedrooms. The 1st floor unit comprising of 3 large bedrooms and 2 full bathrooms and oversized living area also has access to a rear patio. The 2nd floor unit featuring 4 large bedrooms and 2 full bathrooms and nearly an entire floor of living room / kitchen is accentuated with a Juliette balcony. All utilities are electric and each unit is separately metered for electric. Currently professionally managed, with the landlord even being reimbursed a water fee. The only responsibility of the owner will be insurance, and taxes. Each unit was constructed with a utility room with washer and dryer and has a sprinkler system. This truly is a turnkey investment that offers extreme value. Photos of similar property.

Last Agent to Sell the Property

Karl Klotzbach

(484) 363-3657 karl.klotzbach@gmail.com Coldwell Banker Realty Listed on: 01/28/2020

Coldwell Banker Realty

Last Buyer's Agent

Ying Zheng

(267) 216-6933 haileyzh168@gmail.com Homelink Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $848

Year Built

  • Built in 2013 | Newly Remodeled

Lot Details

  • 1,035 Sq Ft Lot
  • Lot Dimensions are 15.00 x 69.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Bi-Level Home
  • Masonry

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Finished Basement

Listing and Financial Details

  • Tax Lot 119
  • Assessor Parcel Number 321137300

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Temple University Subdivision

Building Details

  • Gross Income $49,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$848

Year Built

Built in 2013 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • New Construction: Yes
  • Year Built: 2013
  • Remarks Public: LEASED through July 2021A few blocks from Temples University Campus, this 6 year old new construction duplex will start printing money the day you purchase. The property currently has 6 YEARS left on tax abatement. Each unit in this duplex features oak hardwood floors, spacious kitchens with granite countertops high end cabinetry, appliances, tile bathrooms and generous bedrooms. The 1st floor unit comprising of 3 large bedrooms and 2 full bathrooms and oversized living area also has access to a rear patio. The 2nd floor unit featuring 4 large bedrooms and 2 full bathrooms and nearly an entire floor of living room / kitchen is accentuated with a Juliette balcony. All utilities are electric and each unit is separately metered for electric. Currently professionally managed, with the landlord even being reimbursed a water fee. The only responsibility of the owner will be insurance, and taxes. Each unit was constructed with a utility room with washer and dryer and has a sprinkler system. This truly is a turnkey investment that offers extreme value. Photos of similar property.
  • Special Features: NewHome

Interior Features

  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2585
  • Living Area Sq Ft: 2585
  • Price Per Sq Ft: 271.32
  • Above Grade Finished Sq Ft: 1935
  • Below Grade Finished Sq Ft: 650
  • Total Below Grade Sq Ft: 650
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1722

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Construction Completed: Yes
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Assessed Value: 60550.00
  • Land Use Code: W50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 15.00 x 69.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1035.00
  • Year Assessed: 2020
  • Zoning: RM1

Rental Info

  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1073294
  • School Tax: 465.00
  • Tax Annual Amount: 848.00
  • Assessor Parcel Number: 321137300
  • Tax Lot: 119
  • Tax Total Finished Sq Ft: 1935
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 02/27/2020

Multi Family

  • Gross Scheduled Income: 49680.00
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2020
Closed on
Feb 27, 2020
Sold by
Pizzola Nicholas
Bought by
C & H Infinity Home Llc
Seller's Agent
Karl Klotzbach
Coldwell Banker Realty
Buyer's Agent
Ying Zheng
Homelink Realty
List Price
$525,000
Sold Price
$517,000
Premium/Discount to List
-$8,000
-1.52%
Current Estimated Value
$631,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,199
Avg. Annual Appreciation
3.59%

Purchase Details

Closed on
Jul 14, 2010
Sold by
Melhado Phyllis and Luskus George
Bought by
Pizzola Nicholas

Purchase Details

Closed on
Feb 24, 2010
Sold by
Ackerman Phyllis and Estate Of Edward Ackerman
Bought by
Ackerman Phyllis

Purchase Details

Closed on
Jan 12, 2010
Sold by
Acton John T and Estate Of Patricia Ida Ackerma
Bought by
Melhado Phyllis

Purchase Details

Closed on
Nov 3, 2009
Sold by
Acton John T
Bought by
Acton John T and Estate Of Patricia Ida Ackerman

Purchase Details

Closed on
Aug 14, 2009
Sold by
Ackerman Phyliss and Estate Of Rose Ackerman
Bought by
Ackerman Phyllis and Estate Of Edward Ackerman
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
C & H Infinity Home Llc $513,000 First City Abstract Agcy Inc
Pizzola Nicholas $50,000 None Available
Ackerman Phyllis -- None Available
Melhado Phyllis -- None Available
Acton John T -- None Available
Ackerman Phyllis -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2020 02/27/20 Sold $517,000 -1.5% $200 / Sq Ft
02/08/2020 02/08/20 Pending -- -- --
01/28/2020 01/28/20 For Sale $525,000 -- $203 / 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 $7,461 $533,000 $106,600 $426,400
2024 $7,461 $533,000 $106,600 $426,400
2023 $3,979 $533,000 $106,600 $426,400
2022 $3,979 $284,267 $106,600 $177,667
2021 $848 $0 $0 $0
2020 $3,505 $0 $0 $0
2019 $949 $0 $0 $0
2018 $784 $0 $0 $0
2017 $887 $0 $0 $0
2016 $91 $0 $0 $0
2015 $87 $0 $0 $0
2014 -- $6,500 $6,500 $0
2012 -- $160 $160 $0
Source: Public Records

Agents Affiliated with this Home

  • Karl Klotzbach

    Seller's Agent in 2020

    Karl Klotzbach

    Coldwell Banker Realty

    (484) 363-3657

    26 in this area

    57 Total Sales

    Karl Klotzbach
    Section Image

  • Y

    Buyer's Agent in 2020

    Ying Zheng

    Homelink Realty

    (267) 216-6933

    1 in this area

    16 Total Sales

    Ying Zheng
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH866678

Bright MLS

APN: 321137300

Pennsylvania Philadelphia County Philadelphia 19121 North Philadelphia West

1722 Monument St, Philadelphia, PA

This home is located at 1722 Monument St, Philadelphia, PA 19121 since 28 January 2020 and is currently estimated at $631,199, approximately $244 per square foot. This property was built in 2013. 1722 Monument St is a home located in Philadelphia County with nearby schools including Strawberry Mansion High School, Alliance for Progress Charter School, and Frederick Douglass Elementary.

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