NOT LISTED FOR SALE

Estimated Value: $259,000 - $695,110

-- Bed
5 Baths
4,000 Sq Ft
$125/Sq Ft Est. Value

Last Sold December 05, 2023

Last sale price $640,000 $160 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $2,808/month

19 Days on Market

Highlights

  • New Construction
  • Property is in excellent condition
  • 5-minute walk to 8th & Diamond Playground
  • Central Heating and Cooling System

About This Home

As of December 2023

Welcome to this BRAND NEW construction DUPLEX with the original 10 year TAX ABATEMENT! First let's start off that this beautifully done project has TWO CAR parking. Unit 1 has 3 bedrooms and 2 bathrooms and unit 2 has 3 bedrooms and 3 bathrooms. Two similar (but not as nice) properties have already sold on the block for 676,000 and 671,000... so come get this INSTANT EQUITY! High end finishes, large bedrooms, amazing sunlight and a massive roof deck are a few of the perks this property has to offer. Perfect for an investor or a buyer that wants to live in one unit and rent out the other, Schedule your showing TODAY !

Last Agent to Sell the Property

Marc Bennett

(609) 774-6936 marcbennett@kw.com KW Empower License #2320897 Listed on: 10/13/2023

KW Empower

Last Buyer's Agent

Hanlan Huang

(267) 266-3677 hanlan@prosperityreis.com Prosperity Real Estate & Investment Services License #RS360180

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,679

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 960 Sq Ft Lot
  • Lot Dimensions are 16.00 x 60.00
  • Property is in excellent condition

Home Design

  • Duplex
  • Masonry

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Utilities

  • Central Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Finished Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 183427500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,679

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: Yes
  • Year Built: 2023
  • Special Features: NewHome
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 4000
  • Living Area Sq Ft: 4000
  • Price Per Sq Ft: 219.96
  • Above Grade Finished Sq Ft: 3000
  • Below Grade Finished Sq Ft: 1000
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2041

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: O30
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16.00 x 60.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 960.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 921.00
  • Tax Annual Amount: 1679.00
  • Assessor Parcel Number: 183427500
  • Tax Lot: 40
  • Tax Total Finished Sq Ft: 900
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/05/2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Dec 5, 2023
Sold by
2041 N Randolph Llc
Bought by
Elmac Llc
Seller's Agent
Marc Bennett
KW Empower
Buyer's Agent
Hanlan Huang
Prosperity Real Estate & Investment Services
List Price
$659,888
Sold Price
$640,000
Premium/Discount to List
-$19,888
-3.01%
Views
18
Current Estimated Value
$501,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$138,722
Avg. Annual Appreciation
-12.37%
Original Mortgage
$512,000
Outstanding Balance
$503,501
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
-$2,223

Purchase Details

Closed on
Jul 28, 2021
Sold by
Mae Adams Ella
Bought by
2041 N Randolph Llc

Purchase Details

Closed on
Nov 27, 1970
Bought by
Eugene Adams and Eugene Ella M
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
Elmac Llc $640,000 Prosperity Abstract
2041 N Randolph Llc $262,240 None Listed On Document
Eugene Adams $1,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elmac Llc $512,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2023 12/05/23 Sold $640,000 -3.0% $160 / Sq Ft
10/13/2023 10/13/23 For Sale $659,888 -- $165 / 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 $1,680 $193,700 $38,740 $154,960
2024 $1,680 $193,700 $38,740 $154,960
2023 $197 $120,000 $24,000 $96,000
2022 $197 $14,100 $14,100 $0
2021 $197 $0 $0 $0
2020 $197 $0 $0 $0
2019 $197 $0 $0 $0
2018 $197 $0 $0 $0
2017 $197 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $77,000 $5,376 $71,624
2012 -- $1,504 $427 $1,077
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2287854

Bright MLS

APN: 183427500