NOT LISTED FOR SALE

1861 E Washington Ln Philadelphia, PA 19138

West Oak Lane Neighborhood

Estimated Value: $276,000 - $324,000

-- Bed
3 Baths
1,760 Sq Ft
$169/Sq Ft Est. Value

Last Sold July 28, 2016

Last sale price $155,000 $88 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,762/month

Highlights

  • Wood Flooring
  • Cooling System Mounted In Outer Wall Opening
  • Ceiling Fan
  • No HOA
  • En-Suite Primary Bedroom
  • Baseboard Heating

About This Home

As of July 2016

Zoned as a duplex but generating income as a triplex. This property is sunny and bright, in move-in condition and ready for immediate occupancy. All of the windows have been replaced, there are ceiling fans in each of the bedrooms and the heat is gas. The kitchens are modern with wood cabinets and electric stoves. There are laminate and tile floors throughout the first floor and hardwood floors on the second floor. The second floor master bedroom has a master bathroom and there is also a hall bathroom. As an added bonus the utilities have already been separated. Rents listed for 1st and 2nd floor units reflect recent monthly rental amounts. The basement has been converted to a one bedroom apartment and renting for $550/month. Property is convenient to public transportation, shopping and major thoroughfares.

Last Agent to Sell the Property

Stephanie Gray

(215) 517-6327 stephanie.gray@foxroach.com BHHS Fox & Roach-Jenkintown Listed on: 05/20/2016

BHHS Fox & Roach-Jenkintown

Last Buyer's Agent

Sharonn Thomas

sharonn.thomas@comcast.net Willie Seward Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,905

Year Built

  • Built in 1950

Lot Details

  • 1,560 Sq Ft Lot
  • Lot Dimensions are 16x98
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Flat Roof Shape
  • Stone Foundation
  • Stone Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,760 Sq Ft Home
  • Ceiling Fan
  • Replacement Windows
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Tile or Brick

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Baseboard Heating
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 102283500

Community Details

Overview

  • No Home Owners Association
  • West Oak Lane Subdivision

Building Details

  • Operating Expense $1,905

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,905

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: 1st Flr Refrig, 2nd Flr A/C Unit
  • Inclusions: Bsmt & 2nd Flr Refrigs, 1st Flr A/C Unit
  • New Construction: No
  • Year Built: 1950
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Tile/Brick, Laminated
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Replacement
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Total Sq Ft: 1760
  • Living Area Sq Ft: 1760
  • Price Per Sq Ft: 88.07
  • Above Grade Finished Sq Ft: 1760
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stone
  • Exterior Features: Sidewalks
  • Roof: Flat
  • 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: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 16X98
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1560.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 1905.00
  • Assessor Parcel Number: 102283500
  • Tax Lot: 38
  • Tax Year: 2016

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2016
Closed on
Jul 9, 2016
Sold by
Walker Lorna
Bought by
Nixon Richard
Seller's Agent
Stephanie Gray
BHHS Fox & Roach-Jenkintown
Buyer's Agent
Sharonn Thomas
Willie Seward Real Estate
List Price
$155,000
Sold Price
$155,000
Current Estimated Value
$296,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,993
Avg. Annual Appreciation
7.27%
Original Mortgage
$152,192
Outstanding Balance
$123,565
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$173,428

Purchase Details

Closed on
Jan 11, 2002
Sold by
Hud
Bought by
Walker Lorna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,999
Interest Rate
7.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 6, 2000
Sold by
Gameron Moses and Norwest Mtg Inc
Bought by
Hud
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
Nixon Richard $155,000 None Available
Walker Lorna $49,999 --
Hud $6,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nixon Richard $152,192
Previous Owner Walker Lorna $40,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2016 07/28/16 Sold $155,000 0.0% $88 / Sq Ft
05/26/2016 05/26/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $155,000 -- $88 / 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 $2,444 $274,100 $54,820 $219,280
2024 $2,444 $274,100 $54,820 $219,280
2023 $2,444 $174,600 $34,920 $139,680
2022 $2,199 $174,600 $34,920 $139,680
2021 $2,199 $0 $0 $0
2020 $2,199 $0 $0 $0
2019 $2,170 $0 $0 $0
2018 $1,905 $0 $0 $0
2017 $1,905 $0 $0 $0
2016 $1,905 $0 $0 $0
2015 $1,824 $0 $0 $0
2014 -- $136,100 $12,197 $123,903
2012 -- $15,616 $1,812 $13,804
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Stephanie Gray

    BHHS Fox & Roach

    (215) 517-6327

    2 in this area

    28 Total Sales

    Stephanie Gray
    Section Image

  • S

    Buyer's Agent in 2016

    Sharonn Thomas

    Willie Seward Real Estate

See All Agents

Map

Source: Bright MLS

MLS Number: 1000031810

Bright MLS

APN: 102283500

Pennsylvania Philadelphia County Philadelphia 19138 West Oak Lane

1861 E Washington Ln, Philadelphia, PA

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