NOT LISTED FOR SALE

Estimated Value: $412,000 - $433,363

-- Bed
2 Baths
1,548 Sq Ft
$272/Sq Ft Est. Value

Last Sold June 29, 2022

Last sale price $398,000 $257 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,598/month

4 Days on Market

Highlights

  • Open Floorplan
  • Instant Hot Water
  • Multi-Tank Electric Water Heater
  • Contemporary Architecture
  • Forced Air Heating and Cooling System
  • 1-minute walk to Wharton Square

About This Home

As of June 2022

Welcome to the booming neighborhood in south Philadelphia. This turn key ready duplex is located in the prime section of the Point Breeze, Wharton park is right around the corner.

This Duplex was fully renovated in 2019 with modern taste, Both units features hardwood floor throughout, Central HVAC, brand-new roofing, each unit also features in units washer and dryer. The first floor offers 2 bedrooms, 1.5 bath, the first floor has access to the private backyard for outdoor fun; It also has access to the finished basement, which features a half bathroom; The 2nd floor features instant hot-water heater.

This incredible duplex is a perfect turn key investment for an investor, also for someone who is looking to occupy one unit and lease out the other unit. The 2nd floor tenant finished their lease term and moved out, the 1st floor tenant lease ends in Jan 2023. See detail documents for extra rent and expense info. Close to 7% of cap.

Last Agent to Sell the Property

Serena Lin

(732) 277-6657 serenalin732@gmail.com Keller Williams Main Line License #0902442 Listed on: 05/24/2022

Keller Williams Main Line

Last Buyer's Agent

Michael Olubajo

(267) 994-9879 michael.olubajo@cbpref.com Coldwell Banker Realty License #AB069542

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,491

Year Built

  • Built in 1920

Lot Details

  • 896 Sq Ft Lot
  • Lot Dimensions are 14.00 x 64.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Contemporary Architecture
  • Masonry

Interior Spaces

  • Open Floorplan
  • Instant Hot Water

Utilities

  • Forced Air Heating and Cooling System
  • Multi-Tank Electric Water Heater

Community Details

  • 2 Units
  • 1 Vacant Unit

Listing and Financial Details

  • The owner pays for real estate taxes
  • Tax Lot 171
  • Assessor Parcel Number 364001700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,491

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: washer, dryer, refrigerator as-is
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Floor Plan - Open
  • Fireplace: No
  • Foundation Details: Other
  • Total Sq Ft: 1548
  • Living Area Sq Ft: 1548
  • Price Per Sq Ft: 313.88
  • Above Grade Finished Sq Ft: 1268
  • Below Grade Finished Sq Ft: 280
  • Total Below Grade Sq Ft: 280
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Electric, Multi-Tank, Instant Hot Water
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 143112.00
  • Land Assessed Value: 34888.00
  • Lot Size Acres: 0.02
  • Lot Dimensions: 14.00 x 64.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 896.00
  • Zoning: RM1

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 31440.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1118372
  • School Tax: 1367.00
  • Tax Annual Amount: 2491.00
  • Assessor Parcel Number: 364001700
  • Tax Lot: 171
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Jun 17, 2022
Sold by
Lux Investment Llc
Bought by
Akinrinola Felix
Seller's Agent
Serena Lin
Keller Williams Main Line
Buyer's Agent
Michael Olubajo
Coldwell Banker Realty
List Price
$398,000
Sold Price
$398,000
Current Estimated Value
$420,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,788
Avg. Annual Appreciation
1.65%
Original Mortgage
$390,791
Outstanding Balance
$371,243
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$49,545

Purchase Details

Listed on
Dec 16, 2018
Closed on
Mar 27, 2019
Sold by
10Th Street Properties Llc
Bought by
Lux Investment Llc
Seller's Agent
Michael Cohen
KW Empower
Buyer's Agent
Michael Cohen
KW Empower
List Price
$249,900
Sold Price
$190,000
Premium/Discount to List
-$59,900
-23.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.55%

Purchase Details

Closed on
May 10, 2005
Sold by
Jones Beatrice
Bought by
Clark Calvin

Purchase Details

Closed on
Sep 1, 2004
Sold by
Baird Alonzo and Baird Mildred
Bought by
Jones Beatrice

Purchase Details

Closed on
Oct 16, 2002
Sold by
Myles Warner T and Myles Goldia B
Bought by
Baird Alonzo and Baird Mildred
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Akinrinola Felix $398,000 None Listed On Document
Lux Investment Llc $190,000 None Available
Clark Calvin -- --
Jones Beatrice $25,000 --
Baird Alonzo $13,781 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akinrinola Felix $390,791
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2022 06/29/22 Sold $398,000 0.0% $257 / Sq Ft
05/28/2022 05/28/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $398,000 +109.5% $257 / Sq Ft
04/01/2019 04/01/19 Sold $190,000 -15.5% -- View Prior Sale
03/07/2019 03/07/19 Pending -- -- --
02/21/2019 02/21/19 Price Changed $224,900 -2.2% --
02/18/2019 02/18/19 Price Changed $229,900 -3.8% --
01/18/2019 01/18/19 Price Changed $238,900 -0.4% --
01/04/2019 01/04/19 Price Changed $239,900 -4.0% --
12/16/2018 12/16/18 For Sale $249,900 -- --
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
2026 $4,558 $231,900 $46,380 $185,520
2025 $4,558 $231,900 $46,380 $185,520
2024 $4,558 $231,900 $46,380 $185,520
2023 $4,558 $325,600 $65,120 $260,480
2022 $2,492 $325,600 $65,120 $260,480
2021 $2,492 $0 $0 $0
2020 $2,492 $0 $0 $0
2019 $2,317 $0 $0 $0
2018 $987 $0 $0 $0
2017 $987 $0 $0 $0
2016 $987 $0 $0 $0
2015 $945 $0 $0 $0
2014 -- $70,500 $9,356 $61,144
2012 -- $4,320 $974 $3,346
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2119948

Bright MLS

APN: 364001700