Seller's Agent in 2021
Stephen Stafford
SDG Management, LLC
(609) 335-4016
2 in this area
57 Total Sales
1815 N 18th St Philadelphia, PA 19121
North Philadelphia West NeighborhoodEstimated Value: $580,000 - $688,714
--
Bed
4
Baths
2,784
Sq Ft
$227/Sq Ft
Est. Value
About This Home
As of July 2021Located in North Philadelphia, 1815 N 18th St is a 2-unit brick building close to Temple University. Both units offer a lot of space, the first (Unit A) has 5 bedrooms with 2 baths and the second (Unit B) has 4 bedrooms with 2 baths. This property comes with tenants already occupying the space which offers the potential buyer a cash flowing property right away. Unit A has renters until July 2021, and new renters will take over the lease in August -- proving this property is easy to lease. Unit A is currently leased for $2550/month. Unit B is also occupied with its lease already renewed to July 2022 and goes for $2400/month. It is currently managed by MK Management Group, one of the leading management groups around Temple University. This is an ideal property for any new or seasoned investors looking to get into the Temple Student housing market as it can be sold as part of a larger package or sold separately as an individual property. Running at a 7 cap, this property is right on trend for what the area is currently trading for. Please email listing or co-listing agent for offering memorandum of entire package or for more information. Please also find the attached documents: SPD and Financials.
Last Agent to Sell the Property
(609) 335-4016 stephen@thestaffordgroupphl.com SDG Management, LLC License #RM424801 Listed on: 02/19/2021
Last Buyer's Agent
(610) 291-0287 yongsun65@hotmail.com Brightsky Realty LLC License #Rm422468
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,914
Year Built
- Built in 2010
Lot Details
- 1,615 Sq Ft Lot
- Lot Dimensions are 17.00 x 95.00
Parking
- On-Street Parking
Home Design
- Duplex
- Masonry
Interior Spaces
- 2,784 Sq Ft Home
- Basement Fills Entire Space Under The House
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Tax Lot 118
- Assessor Parcel Number 321213900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 19, 2021
Closed on
Jul 13, 2021
Sold by
Willington Holdings Llc
Bought by
Huang Hui and Gao Wenjing
Seller's Agent
Stephen Stafford
SDG Management, LLC
Buyer's Agent
Yong Sun
Brightsky Realty LLC
List Price
$640,000
Sold Price
$600,000
Premium/Discount to List
-$40,000
-6.25%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,238
Avg. Annual Appreciation
6.68%
Original Mortgage
$450,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 3, 2010
Sold by
Holmes Tara S
Bought by
Willington Holdings Llc
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
5%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Huang Hui | $600,000 | Quest Abstract Corporation | |
| Willington Holdings Llc | $55,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Huang Hui | $450,000 | |
| Previous Owner | Willington Holdings Llc | $1,552,500 | |
| Previous Owner | Willington Holdings Llc | $200,000 | |
| Previous Owner | Willington Holdings Llc | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2021 07/15/21 | Sold | $600,000 | -3.2% | $216 / Sq Ft |
| 05/27/2021 05/27/21 | Pending | -- | -- | -- |
| 05/14/2021 05/14/21 | Price Changed | $620,000 | -3.1% | $223 / Sq Ft |
| 02/19/2021 02/19/21 | For Sale | $640,000 | -- | $230 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $7,930 | $566,500 | $113,300 | $453,200 |
| 2024 | $7,930 | $566,500 | $113,300 | $453,200 |
| 2023 | $7,930 | $566,500 | $113,300 | $453,200 |
| 2022 | $7,914 | $566,500 | $113,300 | $453,200 |
| 2021 | $7,914 | $0 | $0 | $0 |
| 2020 | $1,128 | $565,400 | $80,570 | $484,830 |
| 2019 | $1,090 | $0 | $0 | $0 |
| 2018 | $889 | $0 | $0 | $0 |
| 2017 | $889 | $0 | $0 | $0 |
| 2016 | $144 | $0 | $0 | $0 |
| 2015 | $138 | $0 | $0 | $0 |
| 2014 | -- | $389,600 | $10,278 | $379,322 |
| 2012 | -- | $40,320 | $4,032 | $36,288 |
Source: Public Records
Agents Affiliated with this Home
-
Stephen Stafford
-
L
Seller Co-Listing Agent in 2021
Luke Chadwick
KW Philly
-
Yong Sun
Y
Buyer's Agent in 2021
Yong Sun
Brightsky Realty LLC
(610) 291-0287
2 in this area
30 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH988552
APN: 321213900
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