NOT LISTED FOR SALE

2523 S Dewey St Philadelphia, PA 19142

Elmwood Neighborhood

Estimated Value: $128,000 - $179,397

3 Beds
1 Bath
1,024 Sq Ft
$148/Sq Ft Est. Value

Last Sold March 15, 2022

Last sale price $91,500 $89 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $895/month

Highlights

  • Traditional Architecture
  • 1-minute walk to Elmwood Avenue And 61St Street
  • Radiant Heating System
  • No HOA

About This Home

As of March 2022

This property is part of a 10 Property package, that is rented and managed, properties are in good condition and this package is a nice long term investment. A full agreement of sale and Proof of funds is required, and with agreeable terms and conditions, a 10 day due diligence will be granted to buyer with a full property tour. Seller is requesting to sell all 10 units. All offers will be presented, $10,000 deposit and proof of funds with financial strength is required, buyer is responsible for u/o. All offers will be presented. all deposit checks must be received within 48 hours of agreement. These rental homes will offer a good yield as Philadelphia continues to build momentum.

Last Agent to Sell the Property

Michael Cohen

KW Empower License #AB066937 Listed on: 02/14/2022

KW Empower

Last Buyer's Agent

Michael Cohen

KW Empower License #AB066937 Listed on: 02/14/2022

KW Empower

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $893

Year Built

  • Built in 1953

Lot Details

  • 1,096 Sq Ft Lot
  • Lot Dimensions are 16.00 x 68.50

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Masonry

Interior Spaces

  • 1,024 Sq Ft Home
  • Property has 2 Levels
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Radiant Heating System
  • Natural Gas Water Heater
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Philadelphia Subdivision

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 402072500

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$893

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1953
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Basement: Yes
  • Total Sq Ft: 1024
  • Living Area Sq Ft: 1024
  • Price Per Sq Ft: 92.77
  • Above Grade Finished Sq Ft: 1024
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2523

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

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
  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Land Use Code: O30
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 68.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1096.00
  • Year Assessed: 2022
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 490.00
  • Tax Annual Amount: 893.00
  • Assessor Parcel Number: 402072500
  • Tax Lot: 34
  • Tax Total Finished Sq Ft: 1024
  • Tax Data Updated: Yes
  • Tax Year: 2022
  • Close Date: 03/15/2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
Mar 14, 2022
Sold by
Zenith Real Estate Inc
Bought by
R & P Realtor Llc
Seller's Agent
Michael Cohen
KW Empower
Buyer's Agent
Michael Cohen
KW Empower
List Price
$95,000
Sold Price
$91,500
Premium/Discount to List
-$3,500
-3.68%
Current Estimated Value
$151,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,349
Avg. Annual Appreciation
8.84%
Original Mortgage
$963,000
Interest Rate
3.09%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 30, 2011
Sold by
Redbrick Sw Philly Llc
Bought by
Zenith Real Estate Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,202,400
Interest Rate
5.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2005
Sold by
Mclean Michael and Cipriano Nick
Bought by
Redbrick Sw Philly Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,919,800
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 1999
Sold by
Schiavino Elizabeth L
Bought by
Mclean Michael and Cipriano Nick
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
R & P Realtor Llc $915,000 None Listed On Document
Zenith Real Estate Inc $1,336,000 None Available
Redbrick Sw Philly Llc $5,226,400 Chicago Title Insurance Comp
Mclean Michael $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R & P Realtor Llc $938,250
Closed R & P Realtor Llc $963,000
Previous Owner Zenith Real Estate Inc $240,800
Previous Owner Zenith Real Estate Inc $1,202,400
Previous Owner Redbrick Sw Philly Llc $3,919,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2022 03/15/22 Sold $91,500 -3.7% $89 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $95,000 -- $93 / 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 $1,032 $109,400 $21,880 $87,520
2024 $1,032 $109,400 $21,880 $87,520
2023 $1,032 $73,700 $14,700 $59,000
2022 $893 $73,700 $14,700 $59,000
2021 $893 $0 $0 $0
2020 $893 $0 $0 $0
2019 $824 $0 $0 $0
2018 $634 $0 $0 $0
2017 $634 $0 $0 $0
2016 $634 $0 $0 $0
2015 $516 $0 $0 $0
2014 -- $38,500 $5,370 $33,130
2012 -- $9,856 $999 $8,857
Source: Public Records

Agents Affiliated with this Home

  • Michael Cohen

    Seller's Agent in 2022

    Michael Cohen

    KW Empower

    (610) 331-7213

    28 in this area

    867 Total Sales

    Michael Cohen
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Map

Source: Bright MLS

MLS Number: PAPH2079252

Bright MLS

APN: 402072500

Pennsylvania Philadelphia County Philadelphia 19142 Elmwood

2523 S Dewey St, Philadelphia, PA

This home is located at 2523 S Dewey St, Philadelphia, PA 19142 since 14 February 2022 and is currently estimated at $151,849, approximately $148 per square foot. This property was built in 1953. 2523 S Dewey 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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