NOT LISTED FOR SALE

1951 W Ritner St Philadelphia, PA 19145

South Philadelphia West Neighborhood

Estimated Value: $516,111

-- Bed
2 Baths
1,688 Sq Ft
$306/Sq Ft Est. Value

Last Sold May 15, 2013

Last sale price $230,000 $136 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $3,190/month

196 Days on Market

Highlights

  • No HOA
  • Central Air
  • 5-minute walk to Girard Park
  • En-Suite Primary Bedroom
  • Heating System Uses Gas

About This Home

As of May 2013

Totally rehabbed, finished basement, seperate utilities, central air, First floor is set up as a proffessional office with conference room, all new granite counter top, new tile floor, new bathroom,access to finished basement. Large windows for sun exposure, new outside brick front. Second floor is a one bedroom with custom kitchen and bathroom,with front deck. Property is custom through-out.......20 Minute loading zone for parking !!!!!!

Last Agent to Sell the Property

Mario Tropea Jr.

KW Empower License #Ab062206L Listed on: 09/17/2012

KW Empower

Last Buyer's Agent

Mario Tropea Jr.

KW Empower License #Ab062206L Listed on: 09/17/2012

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 1932

Lot Details

  • 952 Sq Ft Lot
  • Lot Dimensions are 16x60

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,688 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 141
  • Assessor Parcel Number 262270700

Community Details

Overview

  • No Home Owners Association
  • Philadelphia Subdivision

Building Details

  • Operating Expense $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,500

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1932
  • Remarks Public: Totally rehabbed, finished basement, seperate utilities, central air, First floor is set up as a proffessional office with conference room, all new granite counter top, new tile floor, new bathroom,access to finished basement. Large windows for sun exposure, new outside brick front. Second floor is a one bedroom with custom kitchen and bathroom,with front deck. Property is custom through-out.......20 Minute loading zone for parking !!!!!!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1688
  • Living Area Sq Ft: 1688
  • Price Per Sq Ft: 159.89
  • Above Grade Finished Sq Ft: 1688
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1951

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • 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

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Improvement Assessed Value: 19064.00
  • Land Assessed Value: 2696.00
  • Land Use Code: S30
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16X60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 952.00
  • Zoning: C2

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1045506
  • Tax Annual Amount: 1500.00
  • Assessor Parcel Number: 262270700
  • Tax Lot: 141
  • Tax Year: 2011
  • Close Date: 05/15/2013

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2012
Closed on
May 15, 2013
Sold by
Rizzo Filippe and Tropea Mario
Bought by
Chen Bi Fang
Seller's Agent
Mario Tropea Jr.
KW Empower
Buyer's Agent
Mario Tropea Jr.
KW Empower
List Price
$269,900
Sold Price
$230,000
Premium/Discount to List
-$39,900
-14.78%
Current Estimated Value
$516,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,111
Avg. Annual Appreciation
6.71%

Purchase Details

Closed on
Dec 3, 2010
Sold by
Unity Leasing Llc
Bought by
Rizzo Filippo and Rizzo Kathryn

Purchase Details

Closed on
Apr 26, 2004
Sold by
Jenofsky Dr Jack and Jenofsky Gretchen
Bought by
Unity Leasing Llc

Purchase Details

Closed on
Jun 24, 2002
Sold by
Jenofsky Dr Jack and Jenofsky Gretchen
Bought by
Jenofsky Dr Jack and Jenofsky Gretchen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 29, 1998
Sold by
Pedano Frank
Bought by
Pedano Frank and Pedano Louise
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
Chen Bi Fang $230,000 None Available
Rizzo Filippo $68,100 None Available
Unity Leasing Llc $190,000 --
Jenofsky Dr Jack -- --
Janofsky Jack $160,000 Chicago Title Insurance Co
Pedano Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Janofsky Jack $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2013 05/15/13 Sold $230,000 -14.8% $136 / Sq Ft
04/01/2013 04/01/13 Pending -- -- --
09/17/2012 09/17/12 For Sale $269,900 -- $160 / 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 $4,534 $303,000 $60,600 $242,400
2024 $4,534 $303,000 $60,600 $242,400
2023 $4,534 $323,900 $64,780 $259,120
2022 $2,993 $278,900 $64,780 $214,120
2021 $3,973 $0 $0 $0
2020 $3,973 $0 $0 $0
2019 $3,933 $0 $0 $0
2018 $3,610 $0 $0 $0
2017 $3,283 $0 $0 $0
2016 $3,043 $0 $0 $0
2015 $2,941 $0 $0 $0
2014 -- $234,500 $14,143 $220,357
Source: Public Records

Agents Affiliated with this Home

  • Mario Tropea Jr.

    Seller's Agent in 2013

    Mario Tropea Jr.

    KW Empower

    (215) 783-3698

    56 in this area

    151 Total Sales

    Mario Tropea Jr.
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Map

Source: Bright MLS

MLS Number: 1004099836

Bright MLS

APN: 871535750

Pennsylvania Philadelphia County Philadelphia 19145 South Philadelphia West

1951 W Ritner St, Philadelphia, PA

This home is located at 1951 W Ritner St, Philadelphia, PA 19145 since 17 September 2012 and is currently estimated at $516,111, approximately $305 per square foot. This property was built in 1932. 1951 W Ritner St is a home located in Philadelphia County with nearby schools including Stephen Girard School, Universal Vare Charter School, and St. Monica School.

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