NOT LISTED FOR SALE

2508 Federal St Philadelphia, PA 19146

Point Breeze Neighborhood

Estimated Value: $158,000 - $232,000

-- Bed
1 Bath
880 Sq Ft
$215/Sq Ft Est. Value

Last Sold April 19, 2023

Last sale price $175,000 $199 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,281/month

119 Days on Market

About This Home

As of April 2023

Property is being sold in strictly as is condition. Current owner has approved plans and permits to renovate to a two family structure. Plans are for a one bed and a two bed unit.

Last Agent to Sell the Property

Nicole Martorano

SJI Jackson Realty, LLC License #RS351720 Listed on: 11/23/2022

Last Buyer's Agent

Jared Bourjolly

KW Empower

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,071

Year Built

  • Built in 1923

Lot Details

  • 984 Sq Ft Lot
  • Lot Dimensions are 16.00 x 61.00

Parking

  • On-Street Parking

Home Design

  • 880 Sq Ft Home
  • Masonry

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 343
  • Assessor Parcel Number 361263400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,071

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1923
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Property is being sold in strictly as is condition. Current owner has approved plans and permits to renovate to a two family structure. Plans are for a one bed and a two bed unit.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Other
  • Total Sq Ft: 880
  • Living Area Sq Ft: 880
  • Price Per Sq Ft: 221.48
  • Above Grade Finished Sq Ft: 880
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2508

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 Type: Central A/C
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 118400.00
  • Land Assessed Value: 29600.00
  • Land Use Code: O30
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16.00 x 61.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 984.00
  • Year Assessed: 2023
  • Zoning: RM1

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1113180
  • School Tax: 1136.00
  • Tax Annual Amount: 2071.00
  • Assessor Parcel Number: 361263400
  • Tax Lot: 343
  • Tax Total Finished Sq Ft: 880
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 04/19/2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2022
Closed on
Apr 6, 2023
Sold by
2508 Federal Llc
Bought by
2508 Federal Jr Llc
Seller's Agent
Nicole Martorano
SJI Jackson Realty, LLC
Buyer's Agent
Jared Bourjolly
KW Empower
List Price
$195,000
Sold Price
$175,000
Premium/Discount to List
-$20,000
-10.26%
Views
19
Current Estimated Value
$202,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,376
Avg. Annual Appreciation
4.78%
Original Mortgage
$405,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2019
Sold by
Testa And Son Contractor Llc
Bought by
2508 Federal Llc and Krish Investors Llc

Purchase Details

Closed on
Oct 15, 2015
Sold by
Young Brian and Estate Of Louise Young
Bought by
Testa And Son Contractor Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 2, 1976
Bought by
Louise Young
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
2508 Federal Jr Llc $175,000 None Listed On Document
2508 Federal Llc $135,000 None Available
Testa And Son Contractor Llc $60,000 None Available
Louise Young -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2508 Federal Jr Llc $420,000
Closed 2508 Federal Jr Llc $405,000
Previous Owner Testa And Son Contractor Llc $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2023 04/19/23 Sold $175,000 -10.2% $199 / Sq Ft
03/22/2023 03/22/23 Pending -- -- --
02/24/2023 02/24/23 Price Changed $194,900 -0.1% $221 / Sq Ft
11/23/2022 11/23/22 For Sale $195,000 -- $222 / 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 $2,072 $173,000 $34,600 $138,400
2024 $2,072 $173,000 $34,600 $138,400
2023 $2,072 $148,000 $29,600 $118,400
2022 $2,072 $148,000 $29,600 $118,400
2021 $1,081 $0 $0 $0
2020 $1,081 $0 $0 $0
2019 $1,005 $0 $0 $0
2018 $1,145 $0 $0 $0
2017 $1,145 $0 $0 $0
2016 $1,145 $0 $0 $0
2015 $1,096 $0 $0 $0
2014 -- $81,800 $11,715 $70,085
2012 -- $2,528 $1,061 $1,467
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2023

    Nicole Martorano

    SJI Jackson Realty, LLC

    (856) 662-6565

    2 in this area

    72 Total Sales

    Section Image
  • Jared Bourjolly

    Buyer's Agent in 2023

    Jared Bourjolly

    KW Empower

    (610) 772-0805

    18 in this area

    59 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2181728

Bright MLS

APN: 361263400

Pennsylvania Philadelphia County Philadelphia 19146 Point Breeze

2508 Federal St, Philadelphia, PA

This home is located at 2508 Federal St, Philadelphia, PA 19146 since 23 November 2022 and is currently estimated at $188,946, approximately $214 per square foot. This property was built in 1923. 2508 Federal St is a home located in Philadelphia County with nearby schools including Universal Alcorn Charter School, The Preparatory Charter High School, and The Philadelphia School.

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