NOT LISTED FOR SALE

Estimated Value: $264,649 - $359,000

-- Bed
2 Baths
1,696 Sq Ft
$176/Sq Ft Est. Value

Last Sold January 17, 2022

Last sale price $235,000 $139 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,787/month

Highlights

  • Straight Thru Architecture
  • Chairlift
  • Hot Water Heating System
  • No HOA

About This Home

As of January 2022

Relisted with a nice price drop! Very large duplex for sale in West Oak Lane. Fabulous setup for the savy investor or new investor who wants to live in one and rent the other. Plenty of options in this place. First floor apt features a living room, kitchen and a large bedrooms. 1st floor also has access to rear year with handicap access for a wheelchair installed. Hall bath and kitchen complete the first floor apt which also has access to basement for extra storage. The second floor apartment which has its own entrance features living room bathroom and three large bedrooms, an eat in kitchen, and plenty of natural light. This is one of the most stable locations in Philadelphia commanding rents of $950 on 1st floor and $900 on second. Both apartments are occupied. with the second floor with a new lease and the first floor on a month to month. The rents are under market so if this makes money sense now, Property zoning is RSA5. Current use as a multi-family. Buyers are encouraged to verify its current use is transferable.

Last Agent to Sell the Property

Justin Reeves

(215) 852-7190 justingetsresults@gmail.com Keller Williams Main Line Listed on: 04/24/2021

Keller Williams Main Line

Last Buyer's Agent

kyle malson

(267) 978-1487 kymalso@gmail.com HomeSmart Realty Advisors

HomeSmart Realty Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,957

Year Built

  • Built in 1930

Lot Details

  • 2,940 Sq Ft Lot
  • Lot Dimensions are 24.50 x 120.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Straight Thru Architecture
  • Masonry

Interior Spaces

  • 1,696 Sq Ft Home
  • Basement Fills Entire Space Under The House

Accessible Home Design

  • Chairlift

Schools

  • Wagner Gen Middle School
  • Martin L. King High School

Utilities

  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 501408200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,957

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Straight Thru
  • Accessibility Features: Chairlift
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1696
  • Living Area Sq Ft: 1696
  • Price Per Sq Ft: 136.50
  • Above Grade Finished Sq Ft: 1696
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Sidewalks
  • Spa: No
  • 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: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: MARTIN L. KING
  • Middle Or Junior School: WAGNER GEN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 118830.00
  • Land Assessed Value: 20970.00
  • Lot Size Acres: 0.07
  • Lot Dimensions: 24.50 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2940.00
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1241342
  • School Tax: 1074.00
  • Tax Annual Amount: 1957.00
  • Assessor Parcel Number: 501408200
  • Tax Lot: 30
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Gross Income: 22200.00

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2021
Closed on
Jan 14, 2022
Sold by
Theodore Wallace
Bought by
Schley Jasmine Lenee
Seller's Agent
Justin Reeves
Keller Williams Main Line
Buyer's Agent
kyle malson
HomeSmart Realty Advisors
List Price
$235,000
Sold Price
$235,000
Current Estimated Value
$298,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,412
Avg. Annual Appreciation
6.52%
Original Mortgage
$230,743
Outstanding Balance
$213,854
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$84,558

Purchase Details

Closed on
Mar 17, 2006
Sold by
Hud
Bought by
Wallace Theodore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,850
Interest Rate
9.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2004
Sold by
Midfirst Bank
Bought by
Hud

Purchase Details

Closed on
Feb 17, 2004
Sold by
The Unknown Heirs Carrie & George Best
Bought by
Midfirst Bank
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Schley Jasmine Lenee $235,000 City Abstract Llc
Wallace Theodore $80,850 None Available
Hud -- --
Midfirst Bank $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schley Jasmine Lenee $230,743
Previous Owner Wallace Theodore $80,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2022 01/17/22 Sold $235,000 +1.5% $139 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
07/08/2021 07/08/21 Price Changed $231,499 -0.4% $136 / Sq Ft
06/23/2021 06/23/21 Price Changed $232,499 -1.1% $137 / Sq Ft
04/24/2021 04/24/21 For Sale $235,000 -- $139 / 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 $2,704 $246,800 $49,360 $197,440
2024 $2,704 $246,800 $49,360 $197,440
2023 $2,704 $193,200 $38,640 $154,560
2022 $1,957 $193,200 $38,640 $154,560
2021 $1,957 $0 $0 $0
2020 $1,957 $0 $0 $0
2019 $2,042 $0 $0 $0
2018 $2,079 $0 $0 $0
2017 $2,079 $0 $0 $0
2016 $2,079 $0 $0 $0
2015 $1,990 $0 $0 $0
2014 -- $148,500 $22,932 $125,568
2012 -- $15,296 $3,495 $11,801
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH1010484

Bright MLS

APN: 501408200