$365,000
SOLD DEC 4, 2024
-- Bed
-- Bath
1,500 Sq Ft
910 Sq Ft Lot

Recently Sold

$243 Per Sq Ft

3% Below List Price

21 Days on Market

Highlights

  • Open Floorplan
  • Recessed Lighting
  • Property is in excellent condition
  • Straight Thru Architecture
  • Forced Air Heating System
  • 5-minute walk to Smith Playground

About This Home

As of December 2024

Welcome to this beautifully rehabbed duplex, perfect for savvy home buyers looking to build their wealth, located in the West Passyunk section of South Philly. The exceptional property at 1916 S 23rd Street offers an incredible opportunity to live in one unit while generating rental income from the other. *Full 10 year tax abatement is pending* This duplex boasts two distinct units, each featuring 2 bedrooms and 1 full bathroom. Beautiful exposed brick throughout both units. As you step inside each unit, you'll be greeted by well-designed interiors that effortlessly blend modern style and functionality. Unit 1 has a huge backyard oasis perfect for entertaining or drinking your morning coffee. The open floor plans create a seamless flow between the living, dining, and kitchen areas, perfect for both everyday living and entertaining guests. The abundance of natural light accentuates the inviting atmosphere, making you feel right at home. Both units offer spacious bedrooms and the bathrooms are thoughtfully designed, offering a spa-like experience to unwind after a long day. This owner-occupant duplex presents an excellent opportunity to build wealth through rental income while enjoying the benefits of homeownership in the vibrant West Passyunk neighborhood. Schedule your appointment to come make this home your own and experience the endless possibilities of this property.

Last Agent to Sell the Property

Alex Sherman

Coldwell Banker Realty License #RS356760 Listed on: 10/05/2024

Coldwell Banker Realty

Last Buyer's Agent

CRYSTAL DE'STOUET

Keller Williams Main Line

Keller Williams Main Line

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,168

Year Built

  • Built in 1920 | Remodeled in 2024

Lot Details

  • 910 Sq Ft Lot
  • Lot Dimensions are 14.00 x 65.00
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Straight Thru Architecture
  • Stone Foundation
  • Masonry

Interior Spaces

  • 1,500 Sq Ft Home
  • Open Floorplan
  • Recessed Lighting
  • Unfinished Basement

Kitchen

  • Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating System
  • Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 265
  • Assessor Parcel Number 482257700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,168

Year Built

Built in 1920 | Remodeled in 2024

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
  • New Construction: No
  • Year Built: 1920
  • Year Renovated: 2024
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this beautifully rehabbed duplex, perfect for savvy home buyers looking to build their wealth, located in the West Passyunk section of South Philly. The exceptional property at 1916 S 23rd Street offers an incredible opportunity to live in one unit while generating rental income from the other. *Full 10 year tax abatement is pending* This duplex boasts two distinct units, each featuring 2 bedrooms and 1 full bathroom. Beautiful exposed brick throughout both units. As you step inside each unit, you'll be greeted by well-designed interiors that effortlessly blend modern style and functionality. Unit 1 has a huge backyard oasis perfect for entertaining or drinking your morning coffee. The open floor plans create a seamless flow between the living, dining, and kitchen areas, perfect for both everyday living and entertaining guests. The abundance of natural light accentuates the inviting atmosphere, making you feel right at home. Both units offer spacious bedrooms and the bathrooms are thoughtfully designed, offering a spa-like experience to unwind after a long day. This owner-occupant duplex presents an excellent opportunity to build wealth through rental income while enjoying the benefits of homeownership in the vibrant West Passyunk neighborhood. Schedule your appointment to come make this home your own and experience the endless possibilities of this property.
  • Special Features: NewHome

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Oven - Single, Washer, Water Heater
  • Interior Amenities: Floor Plan - Open, Recessed Lighting
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 243.33
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1916

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: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: O30
  • Lot Size Acres: 0.02
  • Lot Dimensions: 14.00 x 65.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 910.00
  • Property Condition: Excellent, Very Good
  • Year Assessed: 2024
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1214.00
  • Tax Annual Amount: 2168.00
  • Assessor Parcel Number: 482257700
  • Tax Lot: 265
  • Tax Year: 2024
  • Close Date: 12/04/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2024
Closed on
Nov 25, 2024
Sold by
Tw Ventures Llc
Bought by
Mciver Kimberly
Seller's Agent
Alex Sherman
Coldwell Banker Realty
Buyer's Agent
CRYSTAL DE'STOUET
Keller Williams Main Line
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%
Views
19
Current Estimated Value
$364,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$758
Avg. Annual Appreciation
-2.05%
Original Mortgage
$346,750
Outstanding Balance
$344,214
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$15,222

Purchase Details

Listed on
Dec 1, 2023
Closed on
Feb 6, 2024
Sold by
Hallinan Francis S
Bought by
Tw Ventures Llc
Seller's Agent
Patrick Conway
BHHS Fox & Roach-Center City Walnut
Buyer's Agent
Judith McGann
Tesla Realty Group, LLC
List Price
$145,000
Sold Price
$125,000
Premium/Discount to List
-$20,000
-13.79%
Views
78

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
269.44%
Original Mortgage
$257,110
Interest Rate
6.61%
Mortgage Type
Balloon

Purchase Details

Listed on
Apr 8, 2021
Closed on
Jun 16, 2021
Sold by
Mallard Carl
Bought by
Hallinan Francis S
Seller's Agent
Samuel Iwu
Tesla Realty Group, LLC
Buyer's Agent
Jeff Custis
Coldwell Banker Realty
List Price
$169,900
Sold Price
$150,000
Premium/Discount to List
-$19,900
-11.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.55%

Purchase Details

Closed on
Oct 30, 2008
Sold by
Mallard Carl and Estate Of Priscilla Lake
Bought by
Mallard Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,467
Interest Rate
6.17%
Mortgage Type
FHA
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $365,000 None Listed On Document
Deed $125,000 None Listed On Document
Special Warranty Deed $150,000 None Available
Interfamily Deed Transfer -- New Vision Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $346,750 New Conventional
Previous Owner $257,110 Balloon
Previous Owner $62,452 FHA
Previous Owner $65,467 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2024 12/04/24 Sold $365,000 0.0% $243 / Sq Ft
10/26/2024 10/26/24 Pending -- -- --
10/16/2024 10/16/24 Price Changed $365,000 -2.7% $243 / Sq Ft
10/05/2024 10/05/24 For Sale $375,000 +200.0% $250 / Sq Ft
02/07/2024 02/07/24 Sold $125,000 -13.8% $98 / Sq Ft
02/01/2024 02/01/24 Pending -- -- --
12/01/2023 12/01/23 For Sale $145,000 -3.3% $114 / Sq Ft
05/31/2021 05/31/21 Sold $150,000 -11.7% $118 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $169,900 -- $134 / 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 $2,168 $137,400 $27,480 $109,920
2024 $2,168 $137,400 $27,480 $109,920
2023 $2,168 $154,900 $30,980 $123,920
2022 $1,538 $109,900 $30,980 $78,920
2021 $1,342 $0 $0 $0
2020 $1,342 $95,900 $18,221 $77,679
2019 $1,249 $0 $0 $0
2018 $960 $0 $0 $0
2017 $960 $0 $0 $0
2016 $540 $0 $0 $0
2015 $541 $0 $0 $0
2014 -- $70,400 $9,100 $61,300
2012 -- $7,200 $1,030 $6,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2406588

Bright MLS

APN: 482257700