NOT LISTED FOR SALE

2255 S Hemberger St Philadelphia, PA 19145

South Philadelphia West Neighborhood

Estimated Value: $200,000 - $219,000

-- Bed
2 Baths
1,280 Sq Ft
$164/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $215,000 $168 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,450/month

45 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Forced Air Heating System

About This Home

As of July 2024

Welcome to 2255 S Hemberger St, prime investment opportunity nestled in the heart of the thriving South Philly Point Breeze neighborhood. This corner 2-unit building, boasting separate entrances for each unit, presents an excellent chance to enhance your investment portfolio or generate steady cash flow while enjoying the benefits of homeownership.

Unit 1, situated on the first floor, has undergone a top-to-bottom renovation, featuring a stylish 1-bedroom, 1-bathroom layout with gleaming hardwood floors. The open-concept living room and kitchen combination showcases upgraded cabinets and appliances, creating a modern and inviting space. The generously-sized bedroom and tiled bathroom add to the overall appeal. Additionally, this unit provides exclusive access to a private basement, perfect for added storage, along with the convenience of an in-unit washer/dryer.

Unit 2, a bi-level residence on the second floor, offers a spacious 2-bedroom, 1-bathroom layout with access to a rear yard, providing a desirable outdoor retreat. The lower level is home to a large and contemporary kitchen, while the upper level features two bedrooms, a living room, and a full bath with washer/dryer hookups. Furthermore, a portion of the basement has a separate entrance, opening up possibilities for additional rental income or owner storage.

This property will be sold "as is," and the seller will not be making any repairs. Don't miss out on this chance to invest in one of Philadelphia's hottest neighborhoods – seize the opportunity at 2255 S Hemberger St and make it a cornerstone of your real estate success!

Agent only comments: if your buyer is looking to buy and hold the rental comps in the area for one bedroom apartments are going for about $1100-$1200 and 2 bedrooms are going for about $1500-$1600.

Last Agent to Sell the Property

Lisa App

(804) 389-1044 lisa@centercitylistings.com KW Empower License #2335684 Listed on: 02/22/2024

KW Empower

Last Buyer's Agent

Sarah Dickinson

(631) 793-6105 sarah.dickinson@kw.com Compass RE License #2299071

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,175

Year Built

  • Built in 1920

Lot Details

  • 776 Sq Ft Lot
  • Lot Dimensions are 16.00 x 49.00

Home Design

  • Duplex
  • Traditional Architecture
  • Masonry

Interior Spaces

  • 1,280 Sq Ft Home
  • Partial Basement
  • Eat-In Kitchen

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 482234800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,175

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional, Unit/Flat
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-02-22
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1280
  • Living Area Sq Ft: 1280
  • Price Per Sq Ft: 167.97
  • Above Grade Finished Sq Ft: 1280
  • 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

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.02
  • Lot Dimensions: 16.00 x 49.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 776.00
  • Zoning: CMX2

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2291.00
  • Tax Annual Amount: 4175.00
  • Assessor Parcel Number: 482234800
  • Tax Lot: 38
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Jul 26, 2024
Sold by
Mcdonough Colleen
Bought by
Killikelly Oren
Seller's Agent
Lisa App
KW Empower
Buyer's Agent
Sarah Dickinson
Compass RE
List Price
$228,000
Sold Price
$215,000
Premium/Discount to List
-$13,000
-5.7%
Views
54
Current Estimated Value
$209,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,500
Avg. Annual Appreciation
-2.04%
Original Mortgage
$272,619
Outstanding Balance
$269,093
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
-$59,593

Purchase Details

Listed on
Aug 25, 2016
Closed on
Dec 16, 2016
Sold by
Vitali Michael J
Bought by
Mcdonough Colleen
Seller's Agent
Michael Esposito
Alpha Realty Group
Buyer's Agent
David Snyder
KW Empower
List Price
$229,900
Sold Price
$189,000
Premium/Discount to List
-$40,900
-17.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.70%
Original Mortgage
$141,750
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 22, 2015
Closed on
Mar 28, 2016
Sold by
Goldstein Huxen Beth A and Huxen Raymond T
Bought by
Vitali Michael J
Seller's Agent
Tina DeJesse
BHHS Fox & Roach-Center City Walnut
Buyer's Agent
Michael Esposito
Alpha Realty Group
List Price
$130,000
Sold Price
$116,000
Premium/Discount to List
-$14,000
-10.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
96.99%
Original Mortgage
$87,000
Interest Rate
3.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 13, 2006
Sold by
Fioravanti Vincent and Fioravanti Anita
Bought by
Huxen Raymond T and Huxen Beth A Goldstein

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Interest Rate
6.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 10, 2003
Sold by
Mcgoldrick Raymond
Bought by
Fioravanti Vincent and Fioravanti Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
5.71%
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
Killikelly Oren $215,000 None Listed On Document
Mcdonough Colleen $189,000 Great American Abstract
Vitali Michael J $116,000 None Available
Huxen Raymond T $97,000 Commonwealth Land Title Insu
Fioravanti Vincent $44,000 Security Search & Abstract C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Killikelly Oren $272,619
Previous Owner Mcdonough Colleen $141,750
Previous Owner Vitali Michael J $87,000
Previous Owner Huxen Raymond T $77,600
Previous Owner Fioravanti Vincent $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2024 07/31/24 Sold $215,000 0.0% $168 / Sq Ft
04/02/2024 04/02/24 Price Changed $215,000 -2.7% $168 / Sq Ft
03/01/2024 03/01/24 Price Changed $221,000 -3.1% $173 / Sq Ft
02/22/2024 02/22/24 For Sale $228,000 0.0% $178 / Sq Ft
07/23/2018 07/23/18 Rented $700 0.0% --
07/03/2018 07/03/18 Under Contract -- -- --
06/22/2018 06/22/18 For Rent $700 0.0% --
07/28/2017 07/28/17 Rented $700 0.0% --
07/28/2017 07/28/17 Under Contract -- -- --
07/17/2017 07/17/17 For Rent $700 0.0% --
12/16/2016 12/16/16 Sold $189,000 -17.8% $148 / Sq Ft View Prior Sale
10/31/2016 10/31/16 Pending -- -- --
08/25/2016 08/25/16 For Sale $229,900 +98.2% $180 / Sq Ft
03/30/2016 03/30/16 Sold $116,000 -10.8% $91 / Sq Ft View Prior Sale
02/02/2016 02/02/16 Pending -- -- --
12/22/2015 12/22/15 For Sale $130,000 -- $102 / 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
2026 $4,176 $249,200 $49,840 $199,360
2025 $4,176 $249,200 $49,840 $199,360
2024 $4,176 $249,200 $49,840 $199,360
2023 $4,176 $298,300 $59,660 $238,640
2022 $2,430 $298,300 $59,660 $238,640
2021 $2,430 $0 $0 $0
2020 $2,430 $0 $0 $0
2019 $2,259 $0 $0 $0
2018 $1,148 $0 $0 $0
2017 $1,148 $0 $0 $0
2016 $1,148 $0 $0 $0
2015 $1,099 $0 $0 $0
2014 -- $82,000 $9,572 $72,428
2012 -- $8,000 $1,434 $6,566
Source: Public Records

Agents Affiliated with this Home

  • Lisa App

    Seller's Agent in 2024

    Lisa App

    KW Empower

    (804) 389-1044

    5 in this area

    116 Total Sales

    Lisa App
    Section Image
  • Sarah Dickinson

    Buyer's Agent in 2024

    Sarah Dickinson

    Compass RE

    (631) 793-6105

    2 in this area

    91 Total Sales

    Sarah Dickinson
    Section Image
  • David Snyder

    Seller's Agent in 2018

    David Snyder

    KW Empower

    (215) 607-6007

    24 in this area

    857 Total Sales

    David Snyder
    Section Image

  • D

    Buyer's Agent in 2018

    Domenick Parris

    KW Empower

    (267) 593-6184

    9 Total Sales

    Domenick Parris
    Section Image
  • Kristin Bailey

    Buyer's Agent in 2017

    Kristin Bailey

    KW Philly

    (215) 512-6804

    1 in this area

    5 Total Sales

    Kristin Bailey
    Section Image
  • Michael Esposito

    Seller's Agent in 2016

    Michael Esposito

    Alpha Realty Group

    (215) 463-0777

    20 in this area

    51 Total Sales

    Michael Esposito
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2323284

Bright MLS

APN: 482234800

Pennsylvania Philadelphia County Philadelphia 19145 South Philadelphia West

2255 S Hemberger St, Philadelphia, PA

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