NOT LISTED FOR SALE

Estimated Value: $115,000 - $155,481

3 Beds
1.5 Baths
1,200 Sq Ft
$109/Sq Ft Est. Value

Last Sold June 28, 2022

Last sale price $131,000 $109 Per Sq Ft

Current estimated payment $788/month

Highlights

  • Straight Thru Architecture
  • 1-minute walk to Woodland Avenue And 65Th Street
  • Forced Air Heating System
  • No HOA

About This Home

As of June 2022

FIRE YOUR LANDLORD! 2138 S Simpson is the ideal starter home or next investment opportunity! Clean as a whistle, updated and ready for its new owners this home features 3 bedrooms and 1.5 bathrooms, gleaming hardwood floors, newer HVAC system, large rear yard, and kitchen with granite countertops. Located in a very convenient location in Southwest Philadelphia near shopping, transportation, and Woodland Ave. Why keep renting when you can own this home for as little as 3% down and around $800 per month? This home should bring back a minimum of $1100 per month in rent so it will cash flow easily with minimum out of pocket! Any way you slice it this is a DEAL! Schedule your tour today and start enjoying all the benefits of homeownership!

Last Agent to Sell the Property

Nick Rau

(215) 593-7498 nickraurealestate@gmail.com KW Empower Listed on: 06/02/2022

KW Empower

Last Buyer's Agent

Mina Sedarous

(267) 259-6524 sedarous.mina@gmail.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,058

Year Built

  • Built in 1920

Lot Details

  • 1,140 Sq Ft Lot
  • Lot Dimensions are 15.00 x 76.00

Parking

  • On-Street Parking

Home Design

  • Straight Thru Architecture
  • Stone Foundation
  • Masonry

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 3 Levels
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Elmwood Park Subdivision

Listing and Financial Details

  • Tax Lot 75
  • Assessor Parcel Number 401195600

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,058

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Stone
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 108.25
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

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
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 64260.00
  • Land Assessed Value: 11340.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 15.00 x 76.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1140.00
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1156845
  • School Tax: 580.00
  • Tax Annual Amount: 1058.00
  • Assessor Parcel Number: 401195600
  • Tax Lot: 75
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jun 28, 2022
Sold by
Daniel Gibney
Bought by
Dream Chaser Holdings Llc
Seller's Agent
Nick Rau
KW Empower
Buyer's Agent
Mina Sedarous
Long & Foster Real Estate, Inc.
List Price
$129,900
Sold Price
$131,000
Premium/Discount to List
$1,100
0.85%
Current Estimated Value
$131,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370
Avg. Annual Appreciation
0.08%
Original Mortgage
$104,800
Outstanding Balance
$99,714
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$31,656

Purchase Details

Listed on
Jan 24, 2019
Closed on
Mar 6, 2019
Sold by
Feyissa Sisay D
Bought by
Gibney Daniel
Seller's Agent
Alena Stolyar
Elite Realty Group Unl. Inc.
Buyer's Agent
Johnny McDonald
Keller Williams Main Line
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.41%
Original Mortgage
$55,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2007
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Feyissa Sisay D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,425
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2007
Sold by
Robinson Willie James and Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 2, 1998
Sold by
Coonan William A and Coonan John J
Bought by
Robinson Willie
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dream Chaser Holdings Llc $131,000 Assurance Abstract
Gibney Daniel $75,000 National Title Agency
Feyissa Sisay D $45,900 Land Title Services
Federal Home Loan Mortgage Corporation $5,800 None Available
Robinson Willie $31,600 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dream Chaser Holdings Llc $104,800
Previous Owner Gibney Daniel $55,500
Previous Owner Feyissa Sisay D $34,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2022 06/28/22 Sold $131,000 +0.8% $109 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $129,900 +73.2% $108 / Sq Ft
03/10/2019 03/10/19 Sold $75,000 -6.1% -- View Prior Sale
01/31/2019 01/31/19 Pending -- -- --
01/24/2019 01/24/19 For Sale $79,900 -- --
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 $1,202 $106,000 $21,200 $84,800
2024 $1,202 $106,000 $21,200 $84,800
2023 $1,202 $85,900 $17,100 $68,800
2022 $1,058 $85,900 $17,100 $68,800
2021 $1,058 $0 $0 $0
2020 $1,058 $0 $0 $0
2019 $977 $0 $0 $0
2018 $866 $0 $0 $0
2017 $866 $0 $0 $0
2016 $866 $0 $0 $0
2015 $829 $0 $0 $0
2014 -- $61,900 $5,472 $56,428
2012 -- $6,944 $1,459 $5,485
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2123760

Bright MLS

APN: 401195600