NOT LISTED FOR SALE

Estimated Value: $407,000 - $455,000

-- Bed
3 Baths
1,902 Sq Ft
$229/Sq Ft Est. Value

Last Sold January 12, 2023

Last sale price $370,000 $195 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,831/month

139 Days on Market

Highlights

  • Straight Thru Architecture
  • Upgraded Countertops
  • Eat-In Kitchen
  • Wood Flooring
  • Enclosed Patio or Porch
  • Forced Air Heating and Cooling System

About This Home

As of January 2023

For Investors or Parents of students at Temple University! Great income generating investment opportunity ($50k/year) near Temple University Main Campus. Parents of students can enable their child to live for FREE and use rent from other rooms to pay for their child's tuition!!! This 2-unit 7 bed/3 bath building is just 1 block from the center of campus and directly in front of the police station. This location is a convenient 5 min walk to campus and very popular for TU students.

The building has two apartments with central AC and heat, new water heaters, and LVT flooring. The lower unit is a large 2-bedroom unit with kitchen and one bath, patio in the back, and brand new AC just installed in Jun 2022. There is a large backyard with space for grilling and entertaining. Rents for $1200/month. Has new stove (2018) and dishwasher (2022). The basement has plenty of storage and laundry units. Water heaters for both units are in the basement.

The upper unit is a 5-bedroom unit with kitchen, living area, and two bathrooms. 3 of the bedrooms are on the 3rd floor with one bathroom, and the other two are on the 2nd floor. Bathrooms and kitchen renovated in 2018 with granite countertops and new appliances. Bedrooms are being rented for $525/room. Tenants pay for gas and electric. This is a great addition to your Student Housing portfolio. Schedule an appointment today!

Last Agent to Sell the Property

Philip Varghese

(610) 573-9175 vargh.p@gmail.com Equity Pennsylvania Real Estate Listed on: 07/21/2022

Last Buyer's Agent

Martin Rodriguez

(609) 226-9287 martinro1911@kw.com KW Empower License #RS348037

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,594

Year Built

  • Built in 1920

Lot Details

  • 1,034 Sq Ft Lot
  • Lot Dimensions are 14.00 x 74.00
  • Sprinkler System

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Straight Thru Architecture
  • Brick Foundation
  • Masonry

Interior Spaces

  • Walk-in Shower
  • 1,902 Sq Ft Home
  • Ceiling Fan
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • 2 Units
  • 4-Story Building
  • Temple University Subdivision

Listing and Financial Details

  • Tax Lot 188
  • Assessor Parcel Number 471236400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,594

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: For Investors or Parents of students at Temple University! Great income generating investment opportunity ($50k/year) near Temple University Main Campus. Parents of students can enable their child to live for FREE and use rent from other rooms to pay for their child's tuition!!! This 2-unit 7 bed/3 bath building is just 1 block from the center of campus and directly in front of the police station. This location is a convenient 5 min walk to campus and very popular for TU students. The building has two apartments with central AC and heat, new water heaters, and LVT flooring. The lower unit is a large 2-bedroom unit with kitchen and one bath, patio in the back, and brand new AC just installed in Jun 2022. There is a large backyard with space for grilling and entertaining. Rents for $1200/month. Has new stove (2018) and dishwasher (2022). The basement has plenty of storage and laundry units. Water heaters for both units are in the basement. The upper unit is a 5-bedroom unit with kitchen, living area, and two bathrooms. 3 of the bedrooms are on the 3rd floor with one bathroom, and the other two are on the 2nd floor. Bathrooms and kitchen renovated in 2018 with granite countertops and new appliances. Bedrooms are being rented for $525/room. Tenants pay for gas and electric. This is a great addition to your Student Housing portfolio. Schedule an appointment today!
  • Special Features: None

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Washer
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Kitchen - Eat-In, Stall Shower, Upgraded Countertops, Wood Floors, Sprinkler System
  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1902
  • Living Area Sq Ft: 1902
  • Price Per Sq Ft: 209.78
  • Above Grade Finished Sq Ft: 1902
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1737

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: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: 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

  • Improvement Assessed Value: 376880.00
  • Land Assessed Value: 94220.00
  • Land Use Code: U50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 14.00 x 74.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1034.00
  • Outdoor Living Structures: Enclosed
  • Year Assessed: 2023
  • Zoning: RM1

Rental Info

  • Ground Rent Exists: No
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1220864
  • School Tax: 3618.00
  • Tax Annual Amount: 6594.00
  • Assessor Parcel Number: 471236400
  • Tax Lot: 188
  • Tax Total Finished Sq Ft: 1902
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 01/12/2023

Multi Family

  • Gross Income: 50000.00

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Jan 6, 2023
Sold by
Raman Neha
Bought by
Singh Aashish and Mccoy Katherine
Seller's Agent
Philip Varghese
Equity Pennsylvania Real Estate
Buyer's Agent
Martin Rodriguez
KW Empower
List Price
$449,000
Sold Price
$370,000
Premium/Discount to List
-$79,000
-17.59%
Views
4
Current Estimated Value
$435,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,019
Avg. Annual Appreciation
5.97%
Original Mortgage
$277,500
Outstanding Balance
$243,685
Interest Rate
5.67%
Mortgage Type
New Conventional
Estimated Equity
$191,334

Purchase Details

Listed on
May 15, 2017
Closed on
Jul 13, 2017
Sold by
Hollister Timothy and Jones Jean Callis
Bought by
Raman Neha and Raman Usha
Seller's Agent
Brady Carroll
Bennett Williams Realty, Inc.
Buyer's Agent
Brady Carroll
Bennett Williams Realty, Inc.
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.67%
Original Mortgage
$264,350
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2015
Sold by
Jones Timothy Hollister and Jones Jean Callis
Bought by
Jones Timothy Hollister and Jones Jean Callis

Purchase Details

Listed on
May 9, 2013
Closed on
Oct 4, 2013
Sold by
Willington Properties Llc
Bought by
Jones Timothy Hollister and Jones Jean Callis
Seller's Agent
Jordan Brody
Coldwell Banker Realty
Buyer's Agent
Karl Klotzbach
Coldwell Banker Realty
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.45%
Original Mortgage
$243,750
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2006
Sold by
Temple Properties Llc
Bought by
Willington Properties Llc

Purchase Details

Closed on
Feb 10, 2006
Sold by
Kinds Claudette
Bought by
Temple Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
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
Singh Aashish $370,000 City Abstract
Raman Neha $311,000 None Available
Jones Timothy Hollister -- None Available
Jones Timothy Hollister $325,000 I Abstract & Title Agency Ll
Willington Properties Llc -- None Available
Temple Properties Llc $99,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Aashish $277,500
Previous Owner Raman Neha $264,350
Previous Owner Jones Timothy Hollister $243,750
Previous Owner Temple Properties Llc $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2023 01/12/23 Sold $370,000 -7.3% $195 / Sq Ft
08/24/2022 08/24/22 Price Changed $399,000 -11.1% $210 / Sq Ft
07/21/2022 07/21/22 For Sale $449,000 +40.3% $236 / Sq Ft
07/14/2017 07/14/17 Sold $320,000 -1.5% $168 / Sq Ft View Prior Sale
05/25/2017 05/25/17 Pending -- -- --
05/15/2017 05/15/17 For Sale $325,000 0.0% $171 / Sq Ft
10/04/2013 10/04/13 Sold $325,000 -7.1% $171 / Sq Ft View Prior Sale
08/23/2013 08/23/13 Pending -- -- --
05/09/2013 05/09/13 For Sale $350,000 -- $184 / 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 $6,594 $451,200 $90,240 $360,960
2024 $6,594 $451,200 $90,240 $360,960
2023 $6,594 $471,100 $94,220 $376,880
2022 $6,594 $471,100 $94,220 $376,880
2021 $4,625 $0 $0 $0
2020 $4,625 $0 $0 $0
2019 $4,471 $0 $0 $0
2018 $3,061 $0 $0 $0
2017 $3,061 $0 $0 $0
2016 $3,061 $0 $0 $0
2015 $2,174 $0 $0 $0
2014 -- $163,900 $7,132 $156,768
2012 -- $3,104 $885 $2,219
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2141788

Bright MLS

APN: 471236400