NOT LISTED FOR SALE

2218 N 7th St Philadelphia, PA 19133

Hartranft Neighborhood

Estimated Value: $83,000 - $156,000

5 Beds
1.5 Baths
1,650 Sq Ft
$71/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $80,000 $48 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $741/month

About This Home

As of February 2021

Attention investors and Builders. Dwelling is need of complete renovation. The structural integrity seems to be compromised as portions of the first floor have fallen into the basement as well as being open to the elements. The property situated between Temple University, only blocks from the train station; and just east of the Norris Square renaissance, creating increasing demand for rental housing. The site is located on a one-way street in a mostly residential Urban neighborhood. The street has curbing, sidewalks and street lighting with parking on both sides of the street. There is existing and recant/active new construction two and three-story dwellings in close proximity. The neighborhood has above average access to local and regional traffic routes, public transportation, including busses and the train. The property is two blocks north of the Temple University SEPTA rail station. Property may be eligible for tax breaks under the Federal Tax Cuts and Jobs act of 2017 being designated a PA Federal Opportunity Zone. Zoning is RM-1 (Multi-unit). Property is currently tax exempt. Buyer is responsible for all due diligence and property is being sold as-is. Seller is Tax Exempt, Buyer responsible for all transfer tax

Last Agent to Sell the Property

Edward Welch

(610) 331-7655 EWelch@welchgroup.net Higgins & Welch Real Estate, Inc. Listed on: 11/14/2019

Last Buyer's Agent

B Schultz

(610) 213-1848 bschultz@homestarrinc.com Homestarr Realty

Homestarr Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1915

Lot Details

  • 990 Sq Ft Lot
  • Lot Dimensions are 15.00 x 66.00

Parking

  • On-Street Parking

Home Design

  • Masonry

Interior Spaces

  • 1,650 Sq Ft Home
  • Property has 3 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 104
  • Assessor Parcel Number 371065601

Townhouse Details

Home Type

Townhome

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Remarks Public: Attention investors and Builders. Dwelling is need of complete renovation. The structural integrity seems to be compromised as portions of the first floor have fallen into the basement as well as being open to the elements. The property situated between Temple University, only blocks from the train station; and just east of the Norris Square renaissance, creating increasing demand for rental housing. The site is located on a one-way street in a mostly residential Urban neighborhood. The street has curbing, sidewalks and street lighting with parking on both sides of the street. There is existing and recant/active new construction two and three-story dwellings in close proximity. The neighborhood has above average access to local and regional traffic routes, public transportation, including busses and the train. The property is two blocks north of the Temple University SEPTA rail station. Property may be eligible for tax breaks under the Federal Tax Cuts and Jobs act of 2017 being designated a PA Federal Opportunity Zone. Zoning is RM-1 (Multi-unit). Property is currently tax exempt. Buyer is responsible for all due diligence and property is being sold as-is. Seller is Tax Exempt, Buyer responsible for all transfer tax
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1650
  • Living Area Sq Ft: 1650
  • Price Per Sq Ft: 57.52
  • Above Grade Finished Sq Ft: 1650
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2218

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • 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
  • 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: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: O50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 15.00 x 66.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 990.00
  • Year Assessed: 2019
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1404705
  • Assessor Parcel Number: 371065601
  • Tax Lot: 104
  • Tax Total Finished Sq Ft: 1650
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 02/19/2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2019
Closed on
Feb 21, 2021
Sold by
Philadelphia Housing Authority
Bought by
2218 N 7Th Street Llc
Seller's Agent
Edward Welch
Higgins & Welch Real Estate, Inc.
Buyer's Agent
B Schultz
Homestarr Realty
List Price
$94,900
Sold Price
$80,000
Premium/Discount to List
-$14,900
-15.7%
Current Estimated Value
$117,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,333
Avg. Annual Appreciation
8.62%

Purchase Details

Closed on
Oct 19, 1971
Bought by
Phila Housing Authority
Source: Public Records

Range of Values:

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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
2218 N 7Th Street Llc $80,000 Isave Abstract Llc
Phila Housing Authority -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2021 02/19/21 Sold $80,000 -15.7% $48 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
05/12/2020 05/12/20 For Sale $94,900 0.0% $58 / Sq Ft
01/14/2020 01/14/20 Pending -- -- --
11/14/2019 11/14/19 For Sale $94,900 -- $58 / 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 -- $60,700 $12,140 $48,560
2024 -- $60,700 $12,140 $48,560
2023 -- $35,100 $7,020 $28,080
2022 $0 $35,100 $0 $0
2021 $1,193 $18,700 $10,472 $8,228
2020 $1,193 $0 $0 $0
2019 $1,193 $0 $0 $0
2018 $1,193 $0 $0 $0
2017 -- $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $45,300 $4,642 $40,658
2012 -- $640 $46 $594
Source: Public Records

Agents Affiliated with this Home

  • Edward Welch

    Seller's Agent in 2021

    Edward Welch

    Higgins & Welch Real Estate, Inc.

    (610) 331-7655

    17 in this area

    150 Total Sales

    Edward Welch
    Section Image

  • B

    Buyer's Agent in 2021

    B Schultz

    Homestarr Realty

    (610) 213-1848

    3 in this area

    12 Total Sales

    B Schultz
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH847448

Bright MLS

APN: 371065601

Pennsylvania Philadelphia County Philadelphia 19133 Hartranft

2218 N 7th St, Philadelphia, PA

This home is located at 2218 N 7th St, Philadelphia, PA 19133 since 14 November 2019 and is currently estimated at $117,333, approximately $71 per square foot. This property was built in 1915. 2218 N 7th St is a home located in Philadelphia County with nearby schools including John F. Hartranft School, Kensington High School, and Kensington Health Sciences Academy.

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