$160,000
SOLD OCT 15, 2024
-- Bed
-- Bath
1,424 Sq Ft
784 Sq Ft Lot

Recently Sold

$112 Per Sq Ft

3% Below List Price

9 Days on Market

About This Home

As of October 2024

Amazing investment opportunity to purchase a duplex in South Philly and rehab to your liking. This corner property is located just half a block from the newly redone Mifflin Square Park in the growing Whitman area of South Philadelphia. The spacious building features two large units with separate entrance- create two 2 bedroom/1 bath units with a large kitchen and living area in each- with plenty of windows along three sides of the property. This property needs full rehab but some work has been started, and it offers a rare opportunity to purchase a multi-unit at under $200k in South Philadelphia. This is a short sale, so any offers will require lien holder approval.

Last Agent to Sell the Property

Rachel Street

Compass RE Listed on: 09/03/2024

Compass RE

Last Buyer's Agent

Jennifer Paullin

Keller Williams Real Estate - Newtown License #2299604

Keller Williams Real Estate - Newtown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,642

Year Built

  • Built in 1920

Lot Details

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

Parking

  • On-Street Parking

Home Design

  • 1,424 Sq Ft Home
  • Duplex
  • Contemporary Architecture
  • Concrete Perimeter Foundation
  • Masonry

Additional Features

  • Basement

Community Details

  • 2 Units
  • 2 Vacant Units

Listing and Financial Details

  • Tax Lot 7039
  • Assessor Parcel Number 393128300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,642

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: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: Amazing investment opportunity to purchase a duplex in South Philly and rehab to your liking. This corner property is located just half a block from the newly redone Mifflin Square Park in the growing Whitman area of South Philadelphia. The spacious building features two large units with separate entrance- create two 2 bedroom/1 bath units with a large kitchen and living area in each- with plenty of windows along three sides of the property. This property needs full rehab but some work has been started, and it offers a rare opportunity to purchase a multi-unit at under $200k in South Philadelphia. This is a short sale, so any offers will require lien holder approval.
  • Special Features: 12

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Total Sq Ft: 1424
  • Living Area Sq Ft: 1424
  • Price Per Sq Ft: 115.87
  • Above Grade Finished Sq Ft: 1424
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2401

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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U30
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16.00 x 49.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 784.00
  • Year Assessed: 2024
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2039.00
  • Tax Annual Amount: 3642.00
  • Assessor Parcel Number: 393128300
  • Tax Lot: 7039
  • Tax Total Finished Sq Ft: 1424
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 10/15/2024

Multi Family

  • Number Of Units Vacant: 2
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
Oct 15, 2024
Sold by
Ovh Partners 2401 Llc
Bought by
Horton Vaughan
Seller's Agent
Rachel Street
Compass RE
Buyer's Agent
Jennifer Paullin
Keller Williams Real Estate - Newtown
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%
Views
6
Current Estimated Value
$193,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,000
Avg. Annual Appreciation
23.68%

Purchase Details

Closed on
Mar 26, 1986
Bought by
Risilia Benjamin and Risilia Lillian
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $160,000 None Listed On Document
Quit Claim Deed $12,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2024 10/15/24 Sold $160,000 -3.0% $112 / Sq Ft
09/12/2024 09/12/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $165,000 -14.5% $116 / Sq Ft
04/21/2022 04/21/22 Sold $193,000 +7.2% $136 / Sq Ft
04/20/2022 04/20/22 Price Changed $180,000 0.0% $126 / Sq Ft
04/20/2022 04/20/22 For Sale $180,000 +2.9% $126 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $175,000 -- $123 / 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 $3,642 $240,400 $48,080 $192,320
2024 $3,642 $240,400 $48,080 $192,320
2023 $3,642 $260,200 $52,040 $208,160
2022 $1,952 $260,200 $52,040 $208,160
2021 $1,982 $0 $0 $0
2020 $1,982 $0 $0 $0
2019 $1,830 $0 $0 $0
2018 $2,242 $0 $0 $0
2017 $2,242 $0 $0 $0
2016 $2,242 $0 $0 $0
2015 $1,471 $0 $0 $0
2014 -- $109,800 $10,215 $99,585
2012 -- $7,552 $3,100 $4,452
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2392406

Bright MLS

APN: 393128300