NOT LISTED FOR SALE

1838 N 18th St Philadelphia, PA 19121

North Philadelphia West Neighborhood

Estimated Value: $772,000 - $1,432,807

-- Bed
4 Baths
3,588 Sq Ft
$278/Sq Ft Est. Value

Last Sold March 03, 2014

Last sale price $500,000 $139 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $5,974/month

15 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heating System Uses Gas
  • Home Security System

About This Home

As of March 2014

Located just a few blocks from Temple University, this 2 unit building houses 2 - four bedroom apartments. Built just 2 years ago this property is almost new. Constructed with high end finishes and thoughtfully designed this property has been fully rented since it's went into operation. Hardwood floors, granite counter tops, security system etc are just some of the features that make this building an easy rental every time. Both units have their own washer/dryer. Each unit is separately metered and tenants pay an additional monthly fee towards their water usage. Fully rented through July 2015. Tax abatement began 1/1/2011 so you have years to enjoy that added benefit!

Last Agent to Sell the Property

Tracy Slowik

(484) 571-7938 tracy.slowik@compass.com Compass RE Listed on: 01/07/2014

Compass RE

Last Buyer's Agent

HAIBO WANG

(610) 489-0198 hwangrealty@yahoo.com Appreciation Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $162

Year Built

  • Built in 2010

Lot Details

  • 1,900 Sq Ft Lot
  • Lot Dimensions are 19x100
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 3,588 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Laundry in unit

Utilities

  • Central Air
  • Heating System Uses Gas
  • 200+ Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 112
  • Assessor Parcel Number 321224700

Community Details

Overview

  • No Home Owners Association
  • Temple University Subdivision

Building Details

  • Other Expense $871
  • Operating Expense $887

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$162

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: All Tenants Possessions
  • Inclusions: Washer, Dryers And Refrigerators
  • New Construction: No
  • Other Expense: 871.00
  • Year Built: 2010
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 3588
  • Living Area Sq Ft: 3588
  • Price Per Sq Ft: 143.53
  • Above Grade Finished Sq Ft: 3588
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • 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
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Land Assessed Value: 12092.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 19X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1900.00
  • Property Condition: Good
  • Zoning: R10

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 52000.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1073820
  • Tax Annual Amount: 162.00
  • Assessor Parcel Number: 321224700
  • Tax Lot: 112
  • Tax Year: 2014

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2015
Sold by
Liu Zhiping and Bao Teresa
Bought by
Shen Rijing and Qiu Shuo
Current Estimated Value
$997,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Outstanding Balance
$299,600
Interest Rate
4.07%
Mortgage Type
Commercial
Estimated Equity
$698,336

Purchase Details

Listed on
Jan 7, 2014
Closed on
Mar 6, 2014
Sold by
1838 Associates Lp
Bought by
Liu Zhiping and Bao Teresa
Seller's Agent
Tracy Slowik
Compass RE
Buyer's Agent
HAIBO WANG
Appreciation Realty LLC
List Price
$515,000
Sold Price
$500,000
Premium/Discount to List
-$15,000
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$358,000
Interest Rate
4.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 21, 2009
Sold by
Advanced Real Estate Concepts Lp
Bought by
1838 Associates Lp

Purchase Details

Closed on
Mar 17, 2009
Sold by
Walters Eugene C
Bought by
Advanced Real Estate Concepts Lp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shen Rijing $510,000 None Available
Liu Zhiping $485,000 None Available
1838 Associates Lp $100,000 None Available
Advanced Real Estate Concepts Lp $30,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shen Rijing $382,500
Previous Owner Liu Zhiping $358,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2014 03/03/14 Sold $500,000 -2.9% $139 / Sq Ft
01/22/2014 01/22/14 Pending -- -- --
01/07/2014 01/07/14 For Sale $515,000 -- $144 / 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
2026 $8,704 $686,700 $137,300 $549,400
2025 $8,704 $686,700 $137,300 $549,400
2024 $8,704 $686,700 $137,300 $549,400
2023 $8,704 $621,800 $124,300 $497,500
2022 $8,602 $621,800 $124,300 $497,500
2021 $8,602 $0 $0 $0
2020 $1,226 $0 $0 $0
2019 $1,185 $0 $0 $0
2018 $979 $0 $0 $0
2017 $979 $0 $0 $0
2016 $169 $0 $0 $0
2015 $162 $0 $0 $0
2014 -- $471,100 $12,092 $459,008
2012 -- $48,000 $160 $47,840
Source: Public Records

Agents Affiliated with this Home

  • Tracy Slowik

    Seller's Agent in 2014

    Tracy Slowik

    Compass RE

    (484) 571-7938

    79 Total Sales

    Tracy Slowik
    Section Image

  • H

    Buyer's Agent in 2014

    HAIBO WANG

    Appreciation Realty LLC

    (610) 489-0198

    12 Total Sales

    HAIBO WANG
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002778716

Bright MLS

APN: 321224700

Pennsylvania Philadelphia County Philadelphia 19121 North Philadelphia West

1838 N 18th St, Philadelphia, PA

Not Listed for Sale

MultiFamily

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