NOT LISTED FOR SALE

2230 N Van Pelt St Philadelphia, PA 19132

North Philadelphia West Neighborhood

Estimated Value: $130,000 - $212,000

-- Bed
2 Baths
1,462 Sq Ft
$110/Sq Ft Est. Value

Last Sold November 29, 2023

Last sale price $140,000 $96 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $922/month

145 Days on Market

About This Home

As of November 2023

Investment Opportunity!!!! Welcome to 2230 N Van Pelt Street. This property is a duplex and each spacious unit is a one bedroom/one bathroom. Unit one has a long standing PHA tenant where the rent is $838 per month and there is a private rear yard. The second unit is vacant, which is great for an owner occupant and/or a new tenant. There is also an opportunity to increase the rent to generate more income. A new buyer doesn’t need to do a thing and can start collecting income from day one of ownership. The duplex is situated between Sharswood and the Temple University sections of Philadelphia. Both areas have seen a significant amount of residential growth over the past few years and this property will continue to increase in value year after year. This is an excellent investment. Don’t miss out!

This property can be sold as a package with 5431 Osage Avenue,5433 Osage Avenue, 5329 Kershaw St., 806 N Brooklyn St.

Last Agent to Sell the Property

Tia Augello

(215) 253-6085 taugello@fifthrealty.com Fifth Realty License #285411 Listed on: 06/08/2023

Last Buyer's Agent

Ashley Collins

(267) 591-6215 collins.ashley12@gmail.com Tesla Realty Group, LLC License #RS355214

Tesla Realty Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $944

Year Built

  • Built in 1915

Lot Details

  • 1,120 Sq Ft Lot
  • Lot Dimensions are 16.00 x 70.00

Parking

  • On-Street Parking

Home Design

  • 1,462 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Concrete Perimeter Foundation
  • Masonry

Utilities

  • Radiator
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 28
  • Assessor Parcel Number 162196100

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,500
  • Manager Expense $1,100
  • Other Expense $2,000
  • Trash Expense $350
  • Net Operating Income $16,036

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$944

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 2000.00
  • Year Built: 1915
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 1462
  • Living Area Sq Ft: 1462
  • Price Per Sq Ft: 102.60
  • Above Grade Finished Sq Ft: 1462
  • Above Grade Finished Area Units: Square Feet

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: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Professional Management Expense: 1100.00

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 70.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1120.00
  • Zoning: RSA5

Rental Info

  • Owner Pays: Water
  • Total Actual Rent: 22056.00
  • Vacation Rental: No

Tax Info

  • School Tax: 518.00
  • Tax Annual Amount: 944.00
  • Assessor Parcel Number: 162196100
  • Tax Lot: 28
  • Tax Data Updated: No
  • Tax Year: 2023

Multi Family

  • Other Units: Unit 2

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Nov 21, 2023
Sold by
Secure Holdings Llc
Bought by
Figueiredo Jose
Seller's Agent
Tia Augello
Fifth Realty
Buyer's Agent
Ashley Collins
Tesla Realty Group, LLC
List Price
$199,900
Sold Price
$140,000
Premium/Discount to List
-$59,900
-29.96%
Views
22
Current Estimated Value
$161,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,111
Avg. Annual Appreciation
7.59%
Original Mortgage
$105,000
Outstanding Balance
$103,268
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$57,843

Purchase Details

Closed on
Jul 27, 2009
Sold by
Brown Pauline
Bought by
Secure Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
12%
Mortgage Type
Purchase Money Mortgage
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
Figueiredo Jose $140,000 Assured Settlement Services
Secure Holdings Llc $20,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Figueiredo Jose $105,000
Previous Owner Secure Holdings Llc $42,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2023 11/29/23 Sold $140,000 -6.7% $96 / Sq Ft
10/31/2023 10/31/23 Pending -- -- --
10/04/2023 10/04/23 Price Changed $150,000 -9.0% $103 / Sq Ft
07/24/2023 07/24/23 Price Changed $164,900 -17.5% $113 / Sq Ft
06/08/2023 06/08/23 For Sale $199,900 -- $137 / 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 $945 $95,700 $19,140 $76,560
2024 $945 $95,700 $19,140 $76,560
2023 $945 $67,500 $13,500 $54,000
2022 $820 $67,500 $13,500 $54,000
2021 $820 $0 $0 $0
2020 $820 $0 $0 $0
2019 $794 $0 $0 $0
2018 $430 $0 $0 $0
2017 $430 $0 $0 $0
2016 $430 $0 $0 $0
2015 $359 $0 $0 $0
2014 -- $26,800 $4,592 $22,208
2012 -- $2,592 $221 $2,371
Source: Public Records

Agents Affiliated with this Home

  • Tia Augello

    Seller's Agent in 2023

    Tia Augello

    Fifth Realty

    (215) 253-6085

    1 in this area

    8 Total Sales

    Tia Augello
    Section Image

  • A

    Buyer's Agent in 2023

    Ashley Collins

    Tesla Realty Group, LLC

    (267) 591-6215

    1 in this area

    47 Total Sales

    Ashley Collins
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2226538

Bright MLS

APN: 162196100

Pennsylvania Philadelphia County Philadelphia 19132 North Philadelphia West

2230 N Van Pelt St, Philadelphia, PA

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