NOT LISTED FOR SALE

2220 Benson St Philadelphia, PA 19152

Rhawnhurst Neighborhood

Estimated Value: $401,473 - $430,000

-- Bed
-- Bath
2,276 Sq Ft
$183/Sq Ft Est. Value

Last Sold August 03, 2017

Last sale price $238,000 $105 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,523/month

Highlights

  • No HOA
  • Central Air
  • Heating System Uses Gas
  • En-Suite Primary Bedroom
  • Laundry Facilities
  • 5-minute walk to Rhawnhurst Recreation Center

About This Home

As of August 2017

Very rare three bedroom apartment above a 2 bedroom apartment duplex. Always rents fast but the tenants living there now have been there a long time. Top floor three bedroom tenant moved in 3/15/09. First floor tenant moved in 8/1/12. Both tenants have mentioned they plan to stay. The new owner has options to do as you please. Leases have been uploaded for your reference.

Last Agent to Sell the Property

Phil Falcone

(215) 290-3784 phil@addicted2realestate.com The Investor Brokerage License #RS294382 Listed on: 06/19/2017

Last Buyer's Agent

Qin Yang

(917) 856-9653 janeyang8127@yahoo.com Canaan Realty Investment Group License #RS324639

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,732

Year Built

  • Built in 1960

Lot Details

  • 3,121 Sq Ft Lot
  • Lot Dimensions are 28x110

Parking

  • On-Street Parking

Home Design

  • 2,276 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 266
  • Assessor Parcel Number 562134200

Community Details

Overview

  • No Home Owners Association
  • Rhawnhurst Subdivision

Additional Features

  • Laundry Facilities
  • Operating Expense $2,732

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,732

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 2276
  • Living Area Sq Ft: 2276
  • Price Per Sq Ft: 108.96
  • Above Grade Finished Sq Ft: 2276
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • 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: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • 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

Lot Info

  • Improvement Assessed Value: 165334.00
  • Land Assessed Value: 29866.00
  • Lot Size Acres: 0.07
  • Lot Dimensions: 28X110
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3121.00
  • Property Attached Yn: Yes
  • Zoning: RSA3

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 24720.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1293087
  • Tax Annual Amount: 2732.00
  • Assessor Parcel Number: 562134200
  • Tax Lot: 266
  • Tax Year: 2017

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2017
Closed on
Aug 14, 2017
Sold by
Falcone Phil and Falcone Theresa
Bought by
Lin Yin Tao and Huang Su Yun
Seller's Agent
Phil Falcone
The Investor Brokerage
Buyer's Agent
Qin Yang
Canaan Realty Investment Group
List Price
$248,000
Sold Price
$238,000
Premium/Discount to List
-$10,000
-4.03%
Current Estimated Value
$415,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,491
Avg. Annual Appreciation
7.00%
Original Mortgage
$138,000
Outstanding Balance
$115,367
Interest Rate
4.03%
Mortgage Type
Commercial
Estimated Equity
$300,124

Purchase Details

Closed on
Sep 8, 2005
Sold by
Falcone Phil and Falcone Theresa
Bought by
Falcone Phil and Falcone Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
5.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 28, 2001
Sold by
Cruz Jose J and Cruz Fernanda
Bought by
Falcone Phil and Lepera Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,200
Interest Rate
6.82%
Mortgage Type
Commercial
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
Lin Yin Tao $230,000 Statewide Abstract Group Inc
Falcone Phil -- Security Search & Abstract C
Falcone Phil $121,500 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Yin Tao $138,000
Previous Owner Falcone Phil $211,500
Previous Owner Falcone Phil $97,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2017 08/03/17 Sold $238,000 -4.0% $105 / Sq Ft
06/21/2017 06/21/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $248,000 -- $109 / 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 $4,183 $389,000 $77,800 $311,200
2024 $4,183 $389,000 $77,800 $311,200
2023 $4,183 $298,800 $59,760 $239,040
2022 $3,173 $298,800 $59,760 $239,040
2021 $3,173 $0 $0 $0
2020 $3,173 $0 $0 $0
2019 $2,972 $0 $0 $0
2018 $2,732 $0 $0 $0
2017 $2,732 $0 $0 $0
2016 $2,732 $0 $0 $0
2015 $2,616 $0 $0 $0
2014 -- $195,200 $52,279 $142,921
2012 -- $24,192 $2,960 $21,232
Source: Public Records

Agents Affiliated with this Home

  • Phil Falcone

    Seller's Agent in 2017

    Phil Falcone

    The Investor Brokerage

    (215) 290-3784

    10 Total Sales

    Phil Falcone
    Section Image
  • Qin Yang

    Buyer's Agent in 2017

    Qin Yang

    Canaan Realty Investment Group

    (917) 856-9653

    6 in this area

    31 Total Sales

    Qin Yang
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003254413

Bright MLS

APN: 562134200

Pennsylvania Philadelphia County Philadelphia 19152 Rhawnhurst

2220 Benson St, Philadelphia, PA

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