1926 N 2nd St Philadelphia, PA 19122
Norris Square NeighborhoodEstimated Value: $206,000 - $931,089
--
Bed
--
Bath
--
Sq Ft
984
Sq Ft Lot
Highlights
- No HOA
- Forced Air Heating and Cooling System
- 5-minute walk to Norris Square Park
About This Home
As of February 20201926 N 2nd is a New Construction Triplex in the Kensington neighborhood - perfect for a savvy investor or an owner occupant looking to cover expenses with rent. The property is located on the booming 2nd street corridor which is undergoing a massive transformation - purchase now to get in on the ground floor of a burgeoning neighborhood. Two of three units are rented - the third unit can be left vacant or filled with a tenant depending on a buyer's preference. Features include hardwood floors, stainless steel kitchen appliances, laundry on-site, bright natural light, and gorgeous modern finishes throughout. Unit #1 is a 1-bed/1-bath with private backyard, Unit #2 is bi-level with 2-beds/2baths (currently vacant) and #3 is bi-level with 2 beds/2baths and private roof deck. The property was built by one of the area's premier builders and the builder's warranty will be transferred to the new owner.
Last Agent to Sell the Property
JG Real Estate LLC License #RM421955 Listed on: 05/01/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $297
Year Built
- 2018
Lot Details
- 984 Sq Ft Lot
- Lot Dimensions are 13.71 x 71.75
Home Design
- Triplex
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tax Lot 182
- Assessor Parcel Number 885179960
Community Details
Overview
- No Home Owners Association
- 3 Units
- Kensington Subdivision
Building Details
- Net Operating Income $41,548
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2019
Closed on
Feb 11, 2020
Sold by
1926 N 2Nd Llc
Bought by
Lyons Scott Alexander
Seller's Agent
Ariel Morgenstein
JG Real Estate LLC
Buyer's Agent
EMILY GREENBERG
KW Empower
List Price
$725,000
Sold Price
$702,000
Premium/Discount to List
-$23,000
-3.17%
Total Days on Market
261
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
-$133,455
Avg. Annual Appreciation
5.87%
Original Mortgage
$702,000
Interest Rate
3.5%
Mortgage Type
VA
Purchase Details
Closed on
Jan 29, 2018
Sold by
Keri Llc
Bought by
1926 N 2Nd Llc
Purchase Details
Closed on
May 5, 2014
Sold by
Gomez Robert
Bought by
Torres Freddy
Purchase Details
Closed on
Aug 7, 2001
Sold by
Freidman Lucy C
Bought by
Gomez Robert
Purchase Details
Closed on
Jun 19, 2000
Sold by
Friedman Lucy
Bought by
Friedman Lucy
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lyons Scott Alexander | $702,000 | Great American Abstract Llc | |
| 1926 N 2Nd Llc | $120,000 | None Available | |
| Torres Freddy | $2,000 | None Available | |
| Gomez Robert | $2,500 | -- | |
| Friedman Lucy | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lyons Scott Alexander | $701,586 | |
| Closed | Lyons Scott Alexander | $702,000 | |
| Previous Owner | 1926 N 2Nd Llc | $456,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2020 02/28/20 | Sold | $702,000 | -0.4% | -- |
| 01/07/2020 01/07/20 | Price Changed | $704,900 | -1.4% | -- |
| 09/11/2019 09/11/19 | Price Changed | $715,000 | -1.4% | -- |
| 05/01/2019 05/01/19 | For Sale | $725,000 | -- | -- |
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 | $267 | $19,100 | $19,100 | -- |
| 2024 | $267 | $19,100 | $19,100 | -- |
| 2023 | $267 | $19,100 | $19,100 | $0 |
| 2022 | $297 | $19,100 | $19,100 | $0 |
| 2021 | $297 | $0 | $0 | $0 |
| 2020 | $297 | $0 | $0 | $0 |
| 2019 | $297 | $0 | $0 | $0 |
| 2018 | $0 | $0 | $0 | $0 |
| 2017 | $102 | $0 | $0 | $0 |
| 2016 | $102 | $0 | $0 | $0 |
| 2015 | $98 | $0 | $0 | $0 |
| 2014 | -- | $7,300 | $7,300 | $0 |
| 2012 | -- | $2,016 | $2,016 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ariel Morgenstein
Seller's Agent in 2020
Ariel Morgenstein
JG Real Estate
(215) 740-6226
7 in this area
196 Total Sales
-
EMILY GREENBERG
Buyer's Agent in 2020
EMILY GREENBERG
KW Empower
(609) 410-7450
55 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH792672
APN: 885179960
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