NOT LISTED FOR SALE

2417 S 62nd St Philadelphia, PA 19142

Elmwood Neighborhood

Estimated Value: $141,000 - $213,000

-- Bed
2 Baths
1,416 Sq Ft
$125/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $67,000 $47 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $1,216/month

Highlights

  • No HOA
  • 1-minute walk to 62Nd Street And Elmwood Avenue
  • Heating System Uses Gas
  • En-Suite Primary Bedroom
  • Wall to Wall Carpet
  • 4-minute walk to Connell Park

About This Home

As of June 2017

Great modernized duplex that is within 10 minutes from the airport, stores, restaurants, US Postal Distribution center, all transportation including buses. Approximately 20 minutes from Center City and more. The 1st floor has sunken living room, berber carpet, newer kitchen with oakwood cabinets, forced hot air heat, sunken large master bedroom with lots of closets, electrical panels for each individual units, high ceilings in master bedroom with fan and light.1st floor has access to basement which is unfinished. The 2nd floor has ceiling fan in living room, wall to wall carpet, newer kitchen cabinets, refrigerator, hardwire smoke detectors in both units, 1 full bath, zoned heat in each room. Owner pays for water and public lighting. Small yard in rear of 1st floor. Presents very well to investor. Rents are good and a great opportunity for a homeowner that wants to live in one unit and rent the other. Because of low interest rates the owner could live for free and have a tenant pay for their stay. Live mortgage free and save for the future or have have in-law suite in one of the units.

Last Agent to Sell the Property

Annette Collier

Able Real Estate Inc License #RB-0003081 Listed on: 01/16/2017

Last Buyer's Agent

Phuong Thai

Realty Mark Associates-CC

Realty Mark Associates-CC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 1,077 Sq Ft Lot
  • Lot Dimensions are 15x72
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,416 Sq Ft Home
  • Wall to Wall Carpet
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 220
  • Assessor Parcel Number 402100920

Community Details

Overview

  • No Home Owners Association
  • Philadelphia Subdivision

Building Details

  • Operating Expense $1,856

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1952
  • Remarks Public: Great modernized duplex that is within 10 minutes from the airport, stores, restaurants, US Postal Distribution center, all transportation including buses. Approximately 20 minutes from Center City and more. The 1st floor has sunken living room, berber carpet, newer kitchen with oakwood cabinets, forced hot air heat, sunken large master bedroom with lots of closets, electrical panels for each individual units, high ceilings in master bedroom with fan and light.1st floor has access to basement which is unfinished. The 2nd floor has ceiling fan in living room, wall to wall carpet, newer kitchen cabinets, refrigerator, hardwire smoke detectors in both units, 1 full bath, zoned heat in each room. Owner pays for water and public lighting. Small yard in rear of 1st floor. Presents very well to investor. Rents are good and a great opportunity for a homeowner that wants to live in one unit and rent the other. Because of low interest rates the owner could live for free and have a tenant pay for their stay. Live mortgage free and save for the future or have have in-law suite in one of the units.
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1416
  • Living Area Sq Ft: 1416
  • Price Per Sq Ft: 56.43
  • Above Grade Finished Sq Ft: 1416
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2417

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Improvement Assessed Value: 112710.00
  • Land Assessed Value: 19890.00
  • Land Use Code: U30
  • Lot Size Acres: 0.02
  • Lot Dimensions: 15X72
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1077.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: CMX2

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 17100.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 4762804
  • Tax Annual Amount: 1856.00
  • Assessor Parcel Number: 402100920
  • Tax Lot: 220
  • Tax Year: 2017
  • Close Date: 06/30/2017

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2017
Closed on
Jul 7, 2017
Sold by
Lewis Robert B
Bought by
Vu Vinh Tan
Seller's Agent
Annette Collier
Able Real Estate Inc
Buyer's Agent
Phuong Thai
Realty Mark Associates-CC
List Price
$85,000
Sold Price
$67,000
Premium/Discount to List
-$18,000
-21.18%
Current Estimated Value
$177,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,000
Avg. Annual Appreciation
12.56%

Purchase Details

Closed on
Jan 7, 2004
Sold by
Delaware Valley Reo Llc
Bought by
Lewis Robert B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.2%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Vu Vinh Tan $67,000 None Available
Lewis Robert B $69,900 --
Lewis Robert B $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lewis Robert B $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2017 06/30/17 Sold $67,000 -16.1% $47 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
03/17/2017 03/17/17 Price Changed $79,900 -6.0% $56 / Sq Ft
01/16/2017 01/16/17 For Sale $85,000 -- $60 / 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 $3,102 $179,600 $35,920 $143,680
2024 $3,102 $179,600 $35,920 $143,680
2023 $3,102 $221,600 $44,320 $177,280
2022 $1,051 $221,600 $44,320 $177,280
2021 $1,051 $0 $0 $0
2020 $1,051 $0 $0 $0
2019 $917 $0 $0 $0
2018 $1,856 $0 $0 $0
2017 $1,856 $0 $0 $0
2016 $1,856 $0 $0 $0
2015 $1,777 $0 $0 $0
2014 -- $132,600 $5,421 $127,179
2012 -- $11,136 $1,645 $9,491
Source: Public Records

Agents Affiliated with this Home

  • Annette Collier

    Seller's Agent in 2017

    Annette Collier

    Able Real Estate Inc

    (215) 222-3700

    19 Total Sales

    Annette Collier
    Section Image
  • Phuong Thai

    Buyer's Agent in 2017

    Phuong Thai

    Realty Mark Associates-CC

    (267) 808-1059

    15 Total Sales

    Phuong Thai
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003213067

Bright MLS

APN: 402100920

Pennsylvania Philadelphia County Philadelphia 19142 Elmwood

2417 S 62nd St, Philadelphia, PA

This home is located at 2417 S 62nd St, Philadelphia, PA 19142 since 16 January 2017 and is currently estimated at $177,000, approximately $125 per square foot. This property was built in 1952. 2417 S 62nd St is a home located in Philadelphia County with nearby schools including Thomas G. Morton School, John Bartram High School, and Richard Allen Preparatory Charter School.

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