NOT LISTED FOR SALE

202 E Wellens Ave Philadelphia, PA 19120

Olney Neighborhood

Estimated Value: $192,052

Studio
1 Bath
1,452 Sq Ft
$132/Sq Ft Est. Value

Sale Details

Date Sold: July 8, 2022

Last sale price $150,000 $103 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,323 / mo

10 Days on Market

About This Home

As of July 2022

Investor special! Property needs work but has good bones. Cosmetic rehab and can get it rented no problem very high rental demand. Both units vacant. Potential rent is $950/unit. Pictures are coming soon.

Last Agent to Sell the Property

Karl Schnitzer

(215) 357-2020 walt@2020realestate.net 20/20 Real Estate - Bensalem License #RS351730 Listed on: 05/13/2022

20/20 Real Estate - Bensalem

Last Buyer's Agent

Rahkeem Austin

(844) 837-5274 info@teslarealtygroup.com Tesla Realty Group, LLC

Tesla Realty Group, LLC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,299

Year Built

  • Built in 1940

Lot Details

  • 1,290 Sq Ft Lot
  • Lot Dimensions are 15.00 x 87.00

Parking

  • On-Street Parking

Home Design

  • 1,452 Sq Ft Home
  • Duplex
  • Straight Thru Architecture
  • Concrete Perimeter Foundation
  • Masonry

Utilities

  • Cooling Available
  • Radiator
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • Olney Subdivision
  • 2 Vacant Units

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number 421188000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,299

Year Built

Built in 1940

Lot Details

1,290 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: All contents currently in the building.
  • New Construction: No
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 1452
  • Living Area Sq Ft: 1452
  • Price Per Sq Ft: 103.31
  • Above Grade Finished Sq Ft: 1452
  • Above Grade Finished Area Units: Square Feet

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
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 78928.00
  • Land Assessed Value: 13872.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 15.00 x 87.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1290.00
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1181507
  • School Tax: 712.00
  • Tax Annual Amount: 1299.00
  • Assessor Parcel Number: 421188000
  • Tax Lot: 61
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Number Of Units Vacant: 2

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Jul 8, 2022
Sold by
Johnnell Basley
Bought by
Seller's Agent
Karl Schnitzer
20/20 Real Estate - Bensalem
Buyer's Agent
Rahkeem Austin
Tesla Realty Group, LLC
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$192,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,052
Avg. Annual Appreciation
6.06%
Original Mortgage
$120,000
Outstanding Balance
$112,295
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$79,757

Purchase Details

Closed on
Aug 9, 2005
Sold by
Doman William J
Bought by
Basley Johnnell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,353
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Olney, PA

  • Francisco Michaud Real Estate Agent - Realty Mark Associates-CC

    Francisco Michaud

    Realty Mark Associates-CC

    (856) 443-4587

    196 Total Sales

    13 in Olney

    $100K - $238K Price Range

    Francisco Michaud
     Section Image
  • David Leipert Real Estate Agent - City & Suburban Real Estate

    David Leipert

    City & Suburban Real Estate

    (856) 460-1694

    134 Total Sales

    1 in Olney

    $148,000 Price

    David Leipert
     Section Image
  • Leah Smith Real Estate Agent - Compass New Jersey, LLC - Haddon Township

    Leah Smith

    Compass New Jersey, LLC - Haddon Township

    (267) 662-1559

    28 Total Sales

    1 in Olney

    $255,000 Price

    Leah Smith
     Section Image

  • AV

    Angela Vinas

    MIS Realty

    (856) 420-7912

    83 Total Sales

    1 in Olney

    $110,000 Price

    Angela Vinas
     Section Image
  • Keri Bernstein Real Estate Agent - KW Empower

    Keri Bernstein

    Responds Quickly

    KW Empower

    (844) 940-2772

    124 Total Sales

    1 in Olney

    $98,000 Price

    Keri Bernstein
     Section Image
  • Arica Miller Real Estate Agent - KW Empower

    Arica Miller

    KW Empower

    (347) 808-2519

    54 Total Sales

    1 in Olney

    $157,000 Price

    Arica Miller
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$150,000 North Penn Abstract
Basley Johnnell $84,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $120,000
Previous Owner Basley Johnnell $82,353
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/08/2022 07/08/22 Sold $150,000 0.0% $103 / Sq Ft
05/13/2022 05/13/22 For Sale $150,000 -- $103 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2027 $2,865 $211,400 $42,280 $169,120
2026 $2,865 $204,700 $40,940 $163,760
2025 $1,817 $204,700 $40,940 $163,760
2024 $1,817 $204,700 $40,940 $163,760
2023 $1,817 $129,800 $25,960 $103,840
2022 $924 $103,000 $25,960 $77,040
2021 $1,299 $0 $0 $0
2020 $1,299 $0 $0 $0
2019 $1,208 $0 $0 $0
2018 $1,293 $0 $0 $0
2017 $1,293 $0 $0 $0
2016 $1,012 $0 $0 $0
2015 $969 $0 $0 $0
2014 -- $92,400 $7,999 $84,401
2012 -- $13,376 $1,504 $11,872
Source: Public Records

Agents Affiliated with this Home

  • Karl Schnitzer Real Estate Agent - 20/20 Real Estate - Bensalem

    Seller's Agent in 2022

    Karl Schnitzer

    20/20 Real Estate - Bensalem

    (267) 575-8750

    4 in this area

    48 Total Sales

    Karl Schnitzer
    Section Image

  • RA

    Buyer's Agent in 2022

    Rahkeem Austin

    Tesla Realty Group, LLC

    (215) 768-7778

    1 in this area

    15 Total Sales

    Rahkeem Austin
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2115986

Bright MLS

APN: 421188000

Pennsylvania Philadelphia County Philadelphia 19120 Olney

202 E Wellens Ave, Philadelphia, PA

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