NOT LISTED FOR SALE

Estimated Value: $548,000 - $674,000

-- Bed
6 Baths
2,570 Sq Ft
$248/Sq Ft Est. Value

Last Sold September 05, 2023

Last sale price $625,000 $243 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,538/month

148 Days on Market

Highlights

  • New Construction
  • Central Air
  • Property is in excellent condition
  • Straight Thru Architecture
  • ENERGY STAR Qualified Equipment for Heating
  • 2-minute walk to 8th & Diamond Playground

About This Home

As of September 2023

Amazing INVESTMENT OPPORTUNITY in booming 19122! Take advantage of a hot rental market today! New Construction Duplex with a 10 YEAR TAX ABATEMENT to keep your operating cost low! Purchase the building and rent out both 3 bed and 3 full bath units or move in to one and rent the other. Tastefully completed by a well respected builder, this building features high end cabinetry , quartz countertops and real hardwoods! Unit 1 showcases a smartly laid out floorplan with the first bed and bath on the main floor just down the hallway from the modern kitchen. The living room looks out into the private rear patio. The lower level is bookended by large bedrooms and two full bathrooms allowing for great privacy between roommates. Unit 2 is a sight to behold with a grand first floor kitchen and living room leading to an expansive front bedroom and full bath. Heading upstairs again allows for maximum privacy for your tenants with a long hallway separating the bedrooms, each with their own en suite bathrooms. For more outdoor space head upstairs to the private roofdeck! Tax numbers are estimates. Also this is an assumable loan at 2.250%, which is a huge bonus.

Last Agent to Sell the Property

Jack Kanagie

(267) 207-8988 jkanagie@remaxtruist.com RE/MAX Truist License #RM425972 Listed on: 10/17/2022

RE/MAX Truist

Last Buyer's Agent

Smay Son

(267) 439-5406 smay.son@exprealty.com Real of Pennsylvania License #2296271

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,835

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 920 Sq Ft Lot
  • Lot Dimensions are 14.00 x 65.00
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Straight Thru Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Finished Basement
  • Basement Fills Entire Space Under The House

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Heating Available
  • Natural Gas Water Heater

Community Details

  • 4 Units
  • Norris Square Subdivision

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 202052300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,835

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: Yes
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Stories: 0

Interior Features

  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Total Sq Ft: 2570
  • Living Area Sq Ft: 2570
  • Price Per Sq Ft: 318.79
  • Above Grade Finished Sq Ft: 2070
  • Below Grade Finished Sq Ft: 500
  • Total Below Grade Sq Ft: 500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2137

Exterior Features

  • Other Structures: Above Grade, Below 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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Energy Star Heating System
  • 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: SR
  • Lot Size Acres: 0.02
  • Lot Dimensions: 14.00 x 65.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 920.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 4848.00
  • Tax Annual Amount: 8835.00
  • Assessor Parcel Number: 202052300
  • Tax Lot: 47
  • Tax Total Finished Sq Ft: 2070
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 09/05/2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2020
Closed on
Jan 6, 2021
Sold by
2137 N Franklin St Llc
Bought by
Ricks Kaseem
Seller's Agent
Chris Dewey
Action Commercial Group LLC
Buyer's Agent
Jack Kanagie
RE/MAX Truist
List Price
$559,000
Sold Price
$567,000
Premium/Discount to List
$8,000
1.43%
Current Estimated Value
$637,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,025
Avg. Annual Appreciation
2.48%
Original Mortgage
$531,745
Outstanding Balance
$477,833
Interest Rate
2.71%
Mortgage Type
FHA
Estimated Equity
$159,192

Purchase Details

Closed on
Feb 21, 2019
Sold by
Blackrock Capital Llc
Bought by
2137 N Franklin St Llc

Purchase Details

Closed on
Oct 28, 1986
Bought by
Henderson Gordon and Henderson Lorraine
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
Ricks Kaseem $567,000 Go Abstract Services Llc
2137 N Franklin St Llc $51,000 Noble Abstract Co Inc
Blackrock Capital Llc $3,000 Noble Abstract Co Inc
Henderson Gordon $3,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ricks Kaseem $531,745
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/05/2023 09/05/23 Sold $625,000 -5.3% $243 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
01/06/2023 01/06/23 Price Changed $659,900 -0.8% $257 / Sq Ft
10/17/2022 10/17/22 For Sale $664,900 +17.3% $259 / Sq Ft
01/06/2021 01/06/21 Sold $567,000 +1.4% -- View Prior Sale
11/25/2020 11/25/20 Pending -- -- --
11/17/2020 11/17/20 For Sale $559,000 -- --
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 $1,767 $601,000 $120,200 $480,800
2024 $1,767 $601,000 $120,200 $480,800
2023 $8,836 $631,200 $126,240 $504,960
2022 $8,836 $631,200 $126,240 $504,960
2021 $295 $0 $0 $0
2020 $295 $0 $0 $0
2019 $295 $0 $0 $0
2018 $295 $0 $0 $0
2017 $295 $0 $0 $0
2016 $81 $0 $0 $0
2015 $78 $0 $0 $0
2014 -- $5,800 $5,800 $0
2012 -- $352 $352 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2170530

Bright MLS

APN: 202052300