NOT LISTED FOR SALE

2132 S 7th St Philadelphia, PA 19148

South Philadelphia East Neighborhood

Estimated Value: $333,000 - $470,000

-- Bed
1 Bath
2,010 Sq Ft
$189/Sq Ft Est. Value

Last Sold September 25, 2016

Last sale price $230,000 $114 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,413/month

Highlights

  • No HOA
  • Heating Available
  • 2-minute walk to Ford Playground
  • En-Suite Primary Bedroom

About This Home

As of September 2016

Three legally approved apartments in South Philadelphia. Very easy to lease. one tenant stayed there for 15 years. The rent is below market price. Some renovation can greatly increase the rental income. It is a great deal for investors. it is in a up beating commercial street.

Last Agent to Sell the Property

Richard Li

(267) 767-7612 richard4493@gmail.com Liberty Real Estate Listed on: 04/15/2016

Last Buyer's Agent

Richard Li

(267) 767-7612 richard4493@gmail.com Liberty Real Estate Listed on: 04/15/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,738

Year Built

  • Built in 1915

Lot Details

  • 1,018 Sq Ft Lot
  • Lot Dimensions are 16x64

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction
  • Vinyl Siding
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,010 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 189
  • Assessor Parcel Number 393182700

Community Details

Overview

  • No Home Owners Association
  • Philadelphia Subdivision

Building Details

  • Operating Expense $2,738

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,738

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Remarks Public: Three legally approved apartments in South Philadelphia. Very easy to lease. one tenant stayed there for 15 years. The rent is below market price. Some renovation can greatly increase the rental income. It is a great deal for investors. it is in a up beating commercial street.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2010
  • Living Area Sq Ft: 2010
  • Price Per Sq Ft: 126.87
  • Above Grade Finished Sq Ft: 2010
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2132

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Stucco, 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: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Electric
  • 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: 180234.00
  • Land Assessed Value: 15366.00
  • Land Use Code: U50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16X64
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1018.00
  • Zoning: CMX1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 20580.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1145044
  • Tax Annual Amount: 2738.00
  • Assessor Parcel Number: 393182700
  • Tax Lot: 189
  • Tax Year: 2016
  • Close Date: 09/25/2016

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2016
Closed on
Sep 16, 2016
Sold by
Xu Yue and Zeng Yan
Bought by
Xu Lijun and Li Jing
Seller's Agent
Richard Li
Liberty Real Estate
Buyer's Agent
Richard Li
Liberty Real Estate
List Price
$288,000
Sold Price
$230,000
Premium/Discount to List
-$58,000
-20.14%
Current Estimated Value
$379,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,372
Avg. Annual Appreciation
5.66%
Original Mortgage
$172,500
Outstanding Balance
$137,919
Interest Rate
3.46%
Mortgage Type
Commercial
Estimated Equity
$241,453

Purchase Details

Closed on
Dec 14, 2009
Sold by
Gunawan Standly
Bought by
Xu Yue and Zeng Yan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 29, 2001
Sold by
Ngo Sean L
Bought by
Gunawan Standly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 1996
Sold by
Ngo Hoy Lean
Bought by
Ngo Sean L
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
Xu Lijun $230,000 Golden Title Agenyc Llc
Xu Yue $125,000 None Available
Gunawan Standly $65,000 --
Ngo Sean L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xu Lijun $172,500
Previous Owner Xu Yue $100,000
Previous Owner Gunawan Standly $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2016 09/25/16 Sold $230,000 -20.1% $114 / Sq Ft
07/26/2016 07/26/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $288,000 -- $143 / 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 $5,073 $350,100 $70,020 $280,080
2024 $5,073 $350,100 $70,020 $280,080
2023 $5,073 $362,400 $72,480 $289,920
2022 $3,514 $362,400 $72,480 $289,920
2021 $3,514 $0 $0 $0
2020 $3,514 $0 $0 $0
2019 $3,242 $0 $0 $0
2018 $2,738 $0 $0 $0
2017 $2,738 $0 $0 $0
2016 $2,738 $0 $0 $0
2015 $2,227 $0 $0 $0
2014 -- $166,200 $15,366 $150,834
2012 -- $1,600 $425 $1,175
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Richard Li

    Liberty Real Estate

    (267) 767-7612

    13 in this area

    75 Total Sales

    Richard Li
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Map

Source: Bright MLS

MLS Number: 1002415056

Bright MLS

APN: 393182700

Pennsylvania Philadelphia County Philadelphia 19148 South Philadelphia East

2132 S 7th St, Philadelphia, PA

This home is located at 2132 S 7th St, Philadelphia, PA 19148 since 15 April 2016 and is currently estimated at $379,372, approximately $188 per square foot. This property was built in 1915. 2132 S 7th St is a home located in Philadelphia County with nearby schools including South Philadelphia High School, Key Francis Scott School, and Our Lady of Hope.

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