NOT LISTED FOR SALE

Estimated Value: $622,000 - $1,303,359

-- Bed
6 Baths
2,037 Sq Ft
$439/Sq Ft Est. Value

Last Sold October 21, 2016

Last sale price $445,000 $218 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $5,376/month

Highlights

  • Newly Remodeled
  • No HOA
  • Central Air
  • Marble Flooring
  • En-Suite Primary Bedroom
  • Baseboard Heating

About This Home

As of October 2016

Newer Construction Duplex (built 2009) in a very prime TempleU campus location. Fully leased for upcoming school year with great cash flow. Located one block from the University Athletic fields and 2 blocks from campus this is a great investment piece for either a seasoned or a first time investor. The first unit is a bi-level 3 bed 3 bath, all bedrooms have their own bathroom, and backyard, Open Kitchen and living room. The second unit is a 4 bed 3 bath, 2 bedrooms have their own bath, and bedrooms 3 and 4 have a jack and jill bathroom. There is also additional bedroom and bathroom finished off the basement ready for you to convert into another one bedroom apartment, check with your contractors. Prime opportunity to get onto the thriving TempleU market with great cashflow and cap rate.

Last Agent to Sell the Property

Sean Doyle

KW Empower Listed on: 08/05/2016

KW Empower

Last Buyer's Agent

Sean Doyle

KW Empower Listed on: 08/05/2016

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,443

Year Built

  • Built in 2008 | Newly Remodeled

Lot Details

  • 980 Sq Ft Lot
  • Lot Dimensions are 14x70

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,037 Sq Ft Home
  • Marble Flooring
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 66
  • Assessor Parcel Number 321140900

Community Details

Overview

  • No Home Owners Association
  • Temple University Subdivision

Additional Features

  • Laundry Facilities
  • Operating Expense $87

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,443

Year Built

Built in 2008 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: Yes
  • Year Built: 2008
  • Remarks Public: Newer Construction Duplex (built 2009) in a very prime TempleU campus location. Fully leased for upcoming school year with great cash flow. Located one block from the University Athletic fields and 2 blocks from campus this is a great investment piece for either a seasoned or a first time investor. The first unit is a bi-level 3 bed 3 bath, all bedrooms have their own bathroom, and backyard, Open Kitchen and living room. The second unit is a 4 bed 3 bath, 2 bedrooms have their own bath, and bedrooms 3 and 4 have a jack and jill bathroom. There is also additional bedroom and bathroom finished off the basement ready for you to convert into another one bedroom apartment, check with your contractors. Prime opportunity to get onto the thriving TempleU market with great cashflow and cap rate.
  • Special Features: NewHome

Interior Features

  • Flooring Type: Marble
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Common
  • Total Sq Ft: 2037
  • Living Area Sq Ft: 2037
  • Price Per Sq Ft: 228.28
  • Above Grade Finished Sq Ft: 2037
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1729

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Electric, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • 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

  • Land Assessed Value: 6237.00
  • Land Use Code: W50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 14X70
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 980.00
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 48300.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1073313
  • Tax Annual Amount: 87.00
  • Assessor Parcel Number: 321140900
  • Tax Lot: 66
  • Tax Year: 2016
  • Close Date: 10/21/2016

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2016
Closed on
Oct 21, 2016
Sold by
Sharma Atul and Naithani Arpana
Bought by
Dong Fang Realty Llc
Seller's Agent
Sean Doyle
KW Empower
Buyer's Agent
Sean Doyle
KW Empower
List Price
$465,000
Sold Price
$445,000
Premium/Discount to List
-$20,000
-4.3%
Current Estimated Value
$895,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,120
Avg. Annual Appreciation
4.56%
Original Mortgage
$333,750
Outstanding Balance
$273,566
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$388,386

Purchase Details

Closed on
Oct 19, 2012
Sold by
Deich Leonid
Bought by
Sharma Atul and Naithani Arpana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
3.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 19, 2008
Sold by
Resnick Monte and Deich Leonid
Bought by
Deich Leonid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 7, 2006
Sold by
Yon Darlene J and Estate Of Harold Yon Sr
Bought by
Resnick Monte and Deich Leonid
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
Dong Fang Realty Llc $445,000 Title Services
Sharma Atul $425,000 None Available
Deich Leonid -- None Available
Resnick Monte $8,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dong Fang Realty Llc $333,750
Previous Owner Sharma Atul $318,750
Previous Owner Deich Leonid $200,000
Previous Owner Resnick Monte $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2016 10/21/16 Sold $445,000 -4.3% $218 / Sq Ft
09/05/2016 09/05/16 Pending -- -- --
08/05/2016 08/05/16 For Sale $465,000 -- $228 / 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 $6,443 $460,300 $69,000 $391,300
2024 $6,443 $460,300 $69,000 $391,300
2023 $6,443 $460,300 $69,000 $391,300
2022 $6,443 $460,300 $69,000 $391,300
2021 $6,443 $0 $0 $0
2020 $6,443 $0 $0 $0
2019 $6,229 $0 $0 $0
2018 $766 $0 $0 $0
2017 $766 $0 $0 $0
2016 $87 $0 $0 $0
2015 $84 $0 $0 $0
2014 -- $312,200 $6,237 $305,963
2012 -- $44,800 $160 $44,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002468168

Bright MLS

APN: 321140900