Seller's Agent in 2024
Philip Winicov
RE/MAX
(610) 613-5771
1 in this area
225 Total Sales
2008 S 7th St Philadelphia, PA 19148
Greenwich NeighborhoodEstimated Value: $309,000 - $329,000
--
Bed
3
Baths
1,945
Sq Ft
$163/Sq Ft
Est. Value
Highlights
- City View
- Wood Flooring
- 2-minute walk to Ford Playground
- Traditional Architecture
- Electric Baseboard Heater
About This Home
As of March 2024Exceptional Investment Opportunity Awaits You! Welcome to 2008 S. 7th Street, an impeccably maintained Triplex nestled in the highly sought-after South Philadelphia neighborhood. This property presents a lucrative investment prospect that you won't want to miss. The first-floor apartment, featuring a welcoming front entrance, boasts 2 bedrooms and a full bath. While currently occupied, the tenant will vacate prior to settlement, providing you with immediate flexibility. The second and third-floor apartments, accessible through a secured gated side alley, are currently vacant. The second-floor apartment is comprised of 3 bedrooms, one conveniently situated adjacent to the stairs, along with a full bath. Ascend to the third floor, where a 2-bedroom apartment awaits, complete with a full bath and a staircase leading to roof access. In 2023, significant updates were made to enhance the property's value and longevity. A brand-new main roof, downspout, and white aluminum metal perimeter installation ensure structural integrity, while a fresh waterproofing cement sealant adds an extra layer of protection. The secondary roof underwent comprehensive sealing and coating for added durability. Moreover, the sewer main was fully replaced in 2023, featuring new plumbing up to the city sewer connection in the street. This demonstrates a commitment to modernization and longevity, giving you peace of mind as an investor. Beyond the property's features, its strategic location adds to its appeal. Enjoy close proximity to public transportation and shopping, making it convenient for both tenants and potential buyers alike. Additionally, easy commuting access to Center City landmarks, Lincoln Financial Field, Citizens Bank Park, and the Wells Fargo Center in South Philadelphia enhances its overall desirability. Don't let this incredible income-generating property slip through your fingers. Seize the opportunity to invest wisely in a well-maintained triplex situated in the heart of South Philadelphia. Cash or Conventional purchases ONLY.
Last Agent to Sell the Property
RE/MAX Preferred - Newtown Square License #RS336040 Listed on: 02/26/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,428
Year Built
- Built in 1915
Lot Details
- 758
Home Design
- Triplex
- Traditional Architecture
- Flat Roof Shape
- Brick Exterior Construction
- Rubber Roof
- Concrete Perimeter Foundation
- Masonry
Interior Spaces
- 1,945 Sq Ft Home
- City Views
- Unfinished Basement
Flooring
- Wood
- Ceramic Tile
- Vinyl
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Flood Lights
Parking
- Public Parking
- On-Street Parking
Utilities
- Window Unit Cooling System
- Electric Baseboard Heater
- Electric Water Heater
Additional Features
- 758 Sq Ft Lot
- Urban Location
Listing and Financial Details
- Tax Lot 357
- Assessor Parcel Number 393180300
Community Details
Overview
- 3 Units
- 4-Story Building
- Wharton Subdivision
Building Details
- 2 Vacant Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 26, 2024
Closed on
Mar 15, 2024
Sold by
Lum Dung C
Bought by
Huang Yumei
Seller's Agent
Philip Winicov
RE/MAX Preferred - Newtown Square
Buyer's Agent
Benjamin Wong
BHHS Fox & Roach-Blue Bell
List Price
$285,000
Sold Price
$285,000
Views
23
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
$32,009
Avg. Annual Appreciation
6.88%
Purchase Details
Closed on
Oct 8, 2008
Sold by
Chen Xue Yong
Bought by
Lum Dung C
Purchase Details
Closed on
Jan 14, 2008
Sold by
Xue Xue Wang Wang
Bought by
Chen Xue Yong
Purchase Details
Closed on
Nov 14, 2005
Sold by
Munthisak Khonsqwan
Bought by
Xue Xue Wang Wang
Purchase Details
Closed on
Jun 14, 2002
Sold by
Vongphakdy Al
Bought by
Munthisak Khonsqwan
Purchase Details
Closed on
Nov 10, 1998
Sold by
Vongphakdy Bounthok and Vongphakdy Oun
Bought by
Vongphakdy Al
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Huang Yumei | $285,000 | Trident Land Transfer | |
| Lum Dung C | $70,000 | None Available | |
| Chen Xue Yong | $70,000 | None Available | |
| Xue Xue Wang Wang | $112,000 | None Available | |
| Munthisak Khonsqwan | -- | -- | |
| Vongphakdy Al | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/21/2024 03/21/24 | Sold | $285,000 | 0.0% | $147 / Sq Ft |
| 02/29/2024 02/29/24 | Pending | -- | -- | -- |
| 02/26/2024 02/26/24 | For Sale | $285,000 | -- | $147 / Sq Ft |
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 | $4,429 | $275,300 | $55,060 | $220,240 |
| 2024 | $4,429 | $275,300 | $55,060 | $220,240 |
| 2023 | $4,429 | $316,400 | $63,280 | $253,120 |
| 2022 | $3,192 | $316,400 | $63,280 | $253,120 |
| 2021 | $3,192 | $0 | $0 | $0 |
| 2020 | $3,192 | $0 | $0 | $0 |
| 2019 | $2,945 | $0 | $0 | $0 |
| 2018 | $2,459 | $0 | $0 | $0 |
| 2017 | $2,459 | $0 | $0 | $0 |
| 2016 | $2,437 | $0 | $0 | $0 |
| 2015 | $2,227 | $0 | $0 | $0 |
| 2014 | -- | $166,200 | $11,379 | $154,821 |
| 2012 | -- | $4,288 | $930 | $3,358 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Benjamin Wong
BHHS Fox & Roach
(215) 806-0988
1 in this area
141 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2323230
APN: 393180300
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