NOT LISTED FOR SALE

Estimated Value: $369,000 - $441,606

-- Bed
-- Bath
1,680 Sq Ft
$238/Sq Ft Est. Value

Last Sold April 01, 2019

Last sale price $275,000 $164 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,420/month

Highlights

  • City View
  • Corner Lot
  • Upgraded Countertops
  • Wood Flooring
  • No HOA
  • Skylights

About This Home

As of April 2019

Corner Duplex in highly demand Castor Gardens. 2+2 brick Semi/Detached corner, currently tenant occupied month to month lease with rents just under market value. Each unit includes 2 bedrooms and 1 full bath. Plus, the two rental car garages. Investment opportunity or opportunity to live in one unit and get rental income from the other. All utilities are separately metered. Basement is unfinished but has a common laundry area. Each unit with its own washer and dryer and its own storage room. Great opportunity to take advantage of this fabulous income producing property. This property will not last!

Last Agent to Sell the Property

Diana Rivera

(267) 678-6797 dianardelivers@gmail.com Keller Williams Real Estate - Newtown License #RS328956 Listed on: 01/08/2019

Keller Williams Real Estate - Newtown

Last Buyer's Agent

Zhance Chen

(646) 726-7765 zchen.realty@gmail.com Legacy Landmark Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,382

Year Built

  • Built in 1950

Lot Details

  • 3,099 Sq Ft Lot
  • Lot Dimensions are 28.5 x 108.75
  • Corner Lot
  • Ground Rent
  • Property is in good condition

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Lighted Parking
  • Rear-Facing Garage
  • Driveway
  • On-Site Parking for Rent
  • Off-Street Parking
  • Secure Parking

Property Views

  • City
  • Garden

Home Design

  • Duplex
  • Flat Roof Shape
  • Permanent Foundation
  • Shingle Roof
  • Masonry

Interior Spaces

  • Crown Molding
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Combination Dining and Living Room

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Upgraded Countertops

Flooring

  • Wood
  • Partially Carpeted
  • Vinyl

Unfinished Basement

  • Front Basement Entry
  • Shelving

Home Security

  • Exterior Cameras
  • Fire and Smoke Detector

Accessible Home Design

  • Lowered Light Switches
  • More Than Two Accessible Exits

Schools

  • Mayfair Elementary School
  • Solomon Solis-Cohen Middle School
  • Abraham Lincoln High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Window Unit Cooling System
  • Natural Gas Water Heater
  • Municipal Trash
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • Dwelling with Separate Living Area

Listing and Financial Details

  • The owner pays for sewer maintenance, sewer, water, real estate taxes, trash collection
  • Tax Lot 36
  • Assessor Parcel Number 542043500

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 3-Story Building
  • Castor Gardens Subdivision

Building Details

  • Rent Control
  • Income includes apartment rentals, parking

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,382

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Dwelling W/Separate Living Area
  • Accessibility Features: 2+ Access Exits, Accessible Switches/Outlets
  • Ownership: Fee Simple
  • Exclusions: 1 Refrigerator, the Washer & Dryers and AC window units
  • Historic: No
  • Inclusions: Ceiling Fans, 1 Refrigerator and both range/stove
  • New Construction: No
  • Expected On Market: 2019-01-17
  • Year Built: 1950
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator
  • Flooring Type: Hardwood, Partially Carpeted, Vinyl
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Kitchen - Galley, Skylight(s), Wood Floors, Upgraded Countertops, Recessed Lighting, Crown Moldings
  • Fireplace: No
  • Foundation Details: Permanent
  • Room Count: 8
  • Basement: Yes
  • Basement Type: Unfinished, Shelving, Front Entrance
  • Total Sq Ft: 3360
  • Living Area Sq Ft: 1680
  • Price Per Sq Ft: 162.50
  • Above Grade Finished Sq Ft: 1680
  • Above Grade Unfinished Sq Ft: 1680
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2222

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Masonry
  • Exterior Features: Satellite Dish, Secure Storage, Sidewalks, Street Lights
  • Roof: Shingle, Flat
  • Spa: No
  • View: Garden/Lawn, City, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Parking Features: Concrete Driveway, Lighted Parking, On-Site - Rent, Paved Driveway, Private, Secure Parking
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

  • Refuse: 300.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric, Natural Gas
  • Cooling Type: Central A/C, Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Natural Gas, Central
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Exterior Cameras, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available, Sewer Available, Water Available, Natural Gas Available, Electric Available
  • Monthly Water Average: 150
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Elementary School: MAYFAIR SCHOOL
  • Middle School: SOLOMON SOLIS-COHEN SCHOOL
  • High School: ABRAHAM LINCOLN
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200397108
  • School District Source: 3rd Party
  • Elementary School: MAYFAIR SCHOOL
  • High School: ABRAHAM LINCOLN
  • Middle Or Junior School: SOLOMON SOLIS-COHEN SCHOOL

Lot Info

  • Lot Features: Corner
  • Lot Size Acres: 0.07
  • Lot Dimensions: 28.5 X 108.75
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3099.00
  • Property Condition: Good
  • Zoning: RSA5
  • Zoning Description: Residential Duplex

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: Yes
  • Number Of Units Month To Month: 3
  • Owner Pays: Sewer Maintenance, Sewer, Water, Taxes - Real Estate, Trash Collection
  • Rent Control: Yes
  • Total Actual Rent: 19800.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 1307.00
  • Tax Annual Amount: 2382.00
  • Assessor Parcel Number: 542043500
  • Tax Lot: 36
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 04/01/2019

Multi Family

  • Income Expense List: Annual Ground Rent
  • Income Includes: Apartment Rentals, Parking
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2019
Closed on
Apr 1, 2019
Sold by
Perez Rafael L
Bought by
Chen Mengbin
Seller's Agent
Diana Rivera
Keller Williams Real Estate - Newtown
Buyer's Agent
Zhance Chen
Legacy Landmark Realty LLC
List Price
$265,000
Sold Price
$275,000
Premium/Discount to List
$10,000
3.77%
Current Estimated Value
$399,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,535
Avg. Annual Appreciation
5.86%
Original Mortgage
$150,000
Outstanding Balance
$134,881
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$264,654

Purchase Details

Closed on
Jan 29, 2010
Sold by
Giraldo Carlos A
Bought by
Perez Rafael I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,899
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 29, 2003
Sold by
Snyder Gertrude
Bought by
Giraldo Carlos A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,100
Interest Rate
5.82%
Mortgage Type
Commercial
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
Chen Mengbin $275,000 Sienna Abstract Llc
Perez Rafael I $225,000 None Available
Giraldo Carlos A $96,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Mengbin $150,000
Previous Owner Perez Rafael I $220,899
Previous Owner Giraldo Carlos A $93,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2019 04/01/19 Sold $275,000 +0.7% $164 / Sq Ft
01/24/2019 01/24/19 Price Changed $273,000 +3.0% $163 / Sq Ft
01/17/2019 01/17/19 For Sale $265,000 -- $158 / 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 $3,693 $435,100 $87,020 $348,080
2024 $3,693 $435,100 $87,020 $348,080
2023 $3,693 $263,800 $52,760 $211,040
2022 $2,835 $263,800 $52,760 $211,040
2021 $2,835 $0 $0 $0
2020 $2,835 $0 $0 $0
2019 $2,720 $0 $0 $0
2018 $2,382 $0 $0 $0
2017 $2,382 $0 $0 $0
2016 $2,382 $0 $0 $0
2015 $2,281 $0 $0 $0
2014 -- $170,200 $48,573 $121,627
2012 -- $21,664 $3,040 $18,624
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH506538

Bright MLS

APN: 542043500