NOT LISTED FOR SALE

Estimated Value: $328,271 - $362,000

-- Bed
2 Baths
1,800 Sq Ft
$193/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $290,000 $161 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,233/month

5 Days on Market

Highlights

  • 0.58 Acre Lot
  • Wood Flooring
  • Property is in very good condition
  • Straight Thru Architecture
  • 3 Car Attached Garage
  • Hot Water Baseboard Heater

About This Home

As of November 2021

TWO TWO BEDROOM ONE BATH UNITS PLUS DOUBLE GARAGE UNDER BUILDING. PLEASE BE RESPECTFUL OF TENANT. FIRST FLOOR IS VACANT SECOND FLOOR OCCUPIED. ONLY TWO PERSONS TO VIEW AT A TIME. SEPARATE GAS AND ELECTRIC METERS. OWNER IS A LICENSES PA REALTOR. GREAT MONEY MAKER OR LIVE IN ONE AND RENT OTHER. GARAGE RENTED SEPARATELY FOR ADDITIONAL CASHFLOW.

Last Agent to Sell the Property

William Jung

Jung Property Management, LLC. Listed on: 10/07/2021

Last Buyer's Agent

Ray Tran

Philadelphia Homes License #6072154

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,650

Year Built

  • Built in 1955

Lot Details

  • 0.58 Acre Lot
  • Property is in very good condition

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Straight Thru Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Combination Foundation
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,800 Sq Ft Home
  • Wood Flooring
  • Basement

Schools

  • Rhawnhurst Elementary School
  • Wilson Middle School
  • Northeast High School

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater
  • No Septic System

Listing and Financial Details

  • Assessor Parcel Number 561521500

Community Details

Overview

  • 2 Units
  • Rhawnhurst Subdivision

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals, shop rentals
  • Insurance Expense $1,200
  • Maintenance Expense $500
  • Trash Expense $500
  • Operating Expense $1,700
  • Gross Income $25,800
  • Net Operating Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,650

Year Built

Built in 1955

Lot Details

0

Parking

3

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Exclusions: TENANT PERSONAL PROPERTY
  • Historic: No
  • Home Warranty: No
  • Inclusions: TWO STOVES
  • New Construction: No
  • Year Built: 1955
  • Automatically Close On Close Date: Yes
  • Remarks Public: TWO TWO BEDROOM ONE BATH UNITS PLUS DOUBLE GARAGE UNDER BUILDING. PLEASE BE RESPECTFUL OF TENANT. FIRST FLOOR IS VACANT SECOND FLOOR OCCUPIED. ONLY TWO PERSONS TO VIEW AT A TIME. SEPARATE GAS AND ELECTRIC METERS. OWNER IS A LICENSES PA REALTOR. GREAT MONEY MAKER OR LIVE IN ONE AND RENT OTHER. GARAGE RENTED SEPARATELY FOR ADDITIONAL CASHFLOW.
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood
  • Fireplace: No
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • Basement: Yes
  • Basement Type: Combination
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 161.06
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1927

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Roof: Rubber
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 500.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: No Septic System
  • Monthly Water Average: 110
  • Water Previous Twelve Months: 1320.00
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Elementary School: RHAWNHURST SCHOOL
  • Middle School: WILSON
  • High School: NORTHEAST
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397108
  • School District Source: Listing Agent
  • Elementary School: RHAWNHURST SCHOOL
  • High School: NORTHEAST
  • Middle Or Junior School: WILSON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.58
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 25125.00
  • Property Condition: Very Good
  • Zoning: MULTI-FAMILY

Rental Info

  • Existing Lease Type: Long Term
  • Ground Rent Exists: No
  • Rent Control: No
  • Total Actual Rent: 25800.00
  • Units Leased Count: 3
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 1
  • Gross Income: 25800.00
  • Gross Scheduled Income: 25800.00
  • Income Includes: Apartment Rentals, Shop Rentals
  • Operating Expense: 1700.00

Tax Info

  • Assessor Parcel Number: 1291169
  • Tax Annual Amount: 2650.00
  • Assessor Parcel Number: 561521500
  • Tax Year: 2020
  • Close Date: 11/24/2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Nov 24, 2021
Sold by
Jung William R
Bought by
Trinh Huong
Seller's Agent
William Jung
Jung Property Management, LLC.
Buyer's Agent
Ray Tran
Philadelphia Homes
List Price
$289,900
Sold Price
$290,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$343,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,879
Avg. Annual Appreciation
4.59%
Original Mortgage
$284,747
Interest Rate
3.11%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 20, 2007
Sold by
Lorenz Carl
Bought by
Jung William R and Jung Tina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,750
Interest Rate
6.23%
Mortgage Type
Commercial

Purchase Details

Closed on
May 18, 1994
Sold by
Weber Loisanne and Lorenz Lois E
Bought by
Lorenz Carl
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
Trinh Huong $290,000 World Wide Land Transfer
Jung William R $182,500 None Available
Lorenz Carl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trinh Huong $53,834
Previous Owner Trinh Huong $284,747
Previous Owner Jung William R $122,800
Previous Owner Jung William R $127,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2021 11/24/21 Sold $290,000 0.0% $161 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $289,900 -- $161 / 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 $4,003 $345,400 $69,080 $276,320
2024 $4,003 $345,400 $69,080 $276,320
2023 $4,003 $286,000 $57,200 $228,800
2022 $2,941 $286,000 $57,200 $228,800
2021 $2,941 $0 $0 $0
2020 $2,941 $0 $0 $0
2019 $2,755 $0 $0 $0
2018 $2,431 $0 $0 $0
2017 $2,431 $0 $0 $0
2016 $2,431 $0 $0 $0
2015 $2,328 $0 $0 $0
2014 -- $173,700 $46,323 $127,377
2012 -- $23,328 $3,348 $19,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2001195

Bright MLS

APN: 561521500