NOT LISTED FOR SALE

Estimated Value: $372,777

-- Bed
1 Bath
1,664 Sq Ft
$224/Sq Ft Est. Value

Last Sold November 07, 2023

Last sale price $339,000 $204 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,213/month

1 Day on Market

Highlights

  • Contemporary Architecture
  • Halls are 36 inches wide or more
  • Hot Water Heating System
  • Wood Flooring

About This Home

As of November 2023

Excellent opportunities to own this positive cash flow duplex near the Passyunk square section of South Philly. 1st floor is currently use as a printing company, can access to the basement for extra storage space. The 2nd floor has the private backyard access, features: hardwood flooring, eating kitchen, full bathroom, 2 bedrooms with closet space and spacious living room. utilities are separated except water. Both units are currently rented by a long term good tenants with total rent $2,200 per month. The location is perfect, at the corner of 11th and Pierce st, few blocks from the busy Passyunk square, with huge upside potential, there are many restaurants and shops in the area. Schedule your showing Today to see this great investment !!

Last Agent to Sell the Property

Andrew Cheng

(267) 506-7100 andrewcheng@kw.com Keller Williams Realty - Cherry Hill Listed on: 09/25/2023

Keller Williams Realty - Cherry Hill

Co-Listed By

Wei Lin (Lynn) Chen

(347) 256-2715 lynn.chen@kw.com Empower Real Estate, LLC

Last Buyer's Agent

Jacob Wibowo

(267) 304-5542 jacobwibowo@yahoo.com Mercury Real Estate Group License #RS351514

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,148

Year Built

  • Built in 1940

Lot Details

  • 1,072 Sq Ft Lot
  • Lot Dimensions are 16.00 x 67.00
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Contemporary Architecture
  • Traditional Architecture
  • Brick Foundation
  • Rubber Roof
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 1,664 Sq Ft Home
  • Wood Flooring
  • Partially Finished Basement
  • Interior Basement Entry

Accessible Home Design

  • Halls are 36 inches wide or more

Utilities

  • Window Unit Cooling System
  • Radiator
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 227
  • Assessor Parcel Number 871559690

Community Details

Overview

  • 2 Units
  • East Passyunk Crossing Subdivision

Building Details

  • Net Operating Income $21,152

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,148

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Contemporary, Traditional
  • Accessibility Features: 36"+ Wide Halls
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Hardwood
  • Fireplace: No
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Basement: Yes
  • Basement Type: Interior Access, Partially Finished
  • Total Sq Ft: 1664
  • Living Area Sq Ft: 1664
  • Price Per Sq Ft: 203.73
  • Above Grade Finished Sq Ft: 1664
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Roof: Rubber
  • 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
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.02
  • Lot Dimensions: 16.00 x 67.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1072.00
  • Property Condition: Good
  • Zoning: CMX1

Rental Info

  • Existing Lease Type: Gross
  • Number Of Units Month To Month: 2
  • Total Actual Rent: 26400.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 1727.00
  • Tax Annual Amount: 3148.00
  • Assessor Parcel Number: 871559690
  • Tax Lot: 227
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Gross Income: 26400.00

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2023
Closed on
Nov 7, 2023
Sold by
Chen Xin Lan
Bought by
Samu-Samu Robert
Seller's Agent
Andrew Cheng
Keller Williams Realty - Cherry Hill
Buyer's Agent
Jacob Wibowo
Mercury Real Estate Group
List Price
$339,000
Sold Price
$339,000
Views
199
Current Estimated Value
$372,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,777
Avg. Annual Appreciation
4.89%
Original Mortgage
$254,250
Outstanding Balance
$249,427
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$123,350

Purchase Details

Closed on
May 7, 2012
Sold by
Tran Phuong K and Lam Chi Kim
Bought by
Chen Xin Lan

Purchase Details

Closed on
Aug 26, 2008
Sold by
Rfr Properties Llc
Bought by
Tran Phuong K and Lam Chi Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 21, 2008
Sold by
Hans Jeffrey and Hans William
Bought by
Rfr Properties Llc

Purchase Details

Closed on
Apr 25, 2002
Sold by
Villari Marina and Villari Joseph
Bought by
Hans William and Hans Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
7.05%
Mortgage Type
Commercial
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
Samu-Samu Robert $339,000 Mercury Land Transfer
Chen Xin Lan $205,000 None Available
Tran Phuong K $256,000 First American Title Ins Co
Rfr Properties Llc $127,000 None Available
Hans William $115,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Samu-Samu Robert $254,250
Previous Owner Tran Phuong K $80,000
Previous Owner Hans William $86,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2023 11/07/23 Sold $339,000 0.0% $204 / Sq Ft
09/25/2023 09/25/23 For Sale $339,000 -- $204 / 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 $3,148 $232,300 $46,460 $185,840
2024 $3,148 $232,300 $46,460 $185,840
2023 $3,148 $224,900 $44,980 $179,920
2022 $3,148 $224,900 $44,980 $179,920
2021 $2,881 $0 $0 $0
2020 $2,881 $0 $0 $0
2019 $2,853 $0 $0 $0
2018 $2,770 $0 $0 $0
2017 $2,016 $0 $0 $0
2016 $2,016 $0 $0 $0
2015 $1,930 $0 $0 $0
2014 -- $144,000 $21,640 $122,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2281418

Bright MLS

APN: 871559690