$250,000
SOLD SEP 26, 2024
-- Bed
-- Bath
1,111 Sq Ft
1,119 Sq Ft Lot

Recently Sold

$225 Per Sq Ft

2% Above List Price

100 Days on Market

Highlights

  • Traditional Architecture
  • 1-minute walk to Elmwood Avenue And 61St Street
  • Walk-Up Access
  • Electric Baseboard Heater

About This Home

As of September 2024

****NEWLY RENOVATED the whole house in 2022. Separate access, meters, walkout basement. Ductwork is in, next owner can install HVAC if they prefer.****

This home is situated on a very large, 2 way, and sought after street in Elmwood part of Philadelphia. This home is conveniently located as you can get to center city in 10 minutes, hop over the bridge to NJ in about 15 mins, and Delaware in 20 mins. With Amazon nearby only minutes away, this area is now one of the areas that will continue to grow. As they have done their deep research in an area prior to investing in a location.

This home is perfectly located as you get a beautiful brick exterior on the front and side. This property has more grass than the other ones due to its location.

With separate accessed to all units and the basement makes this a great investment as you don't need permission to enter the basement to repair something. There are 2 doors to the units. Door 1 on the left will lead you straight into the 1st bedroom of unit 1.

2nd door on the right will lead you into the 2nd unit, on the 2nd floor. Down the hallway will lead you to the basement.

Unit 1: 2 bedrooms, 1 bathroom, 1 eat in kitchen. Rented at $1,100 per month
Unit 2: 2 bedrooms, 1 bathroom, 1 large eat in kitchen/living room. Rented at $1,300 per month

This is a TENANT OCCUPIED property, please respect the time and come ON TIME, leave on time. If you cannot make it, text me only or cancel way ahead of time. Buyers tell your agents to read the AGENT REMARKS for where to send the offer.

Last Agent to Sell the Property

PARIS LUONG

Tesla Realty Group, LLC License #RS342312 Listed on: 04/30/2024

Tesla Realty Group, LLC

Last Buyer's Agent

Andrea O'Neal

Kurfiss Sotheby's International Realty

Kurfiss Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,287

Year Built

  • Built in 1920

Lot Details

  • 1,119 Sq Ft Lot
  • Lot Dimensions are 16.00 x 69.00

Parking

  • On-Street Parking

Home Design

  • 1,111 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Poured Concrete
  • Masonry

Basement

  • Walk-Up Access
  • Rear Basement Entry
  • Water Proofing System
  • Sump Pump

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 402064700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,287

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: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: ****NEWLY RENOVATED the whole house in 2022. Separate access, meters, walkout basement. Ductwork is in, next owner can install HVAC if they prefer.**** This home is situated on a very large, 2 way, and sought after street in Elmwood part of Philadelphia. This home is conveniently located as you can get to center city in 10 minutes, hop over the bridge to NJ in about 15 mins, and Delaware in 20 mins. With Amazon nearby only minutes away, this area is now one of the areas that will continue to grow. As they have done their deep research in an area prior to investing in a location. This home is perfectly located as you get a beautiful brick exterior on the front and side. This property has more grass than the other ones due to its location. With separate accessed to all units and the basement makes this a great investment as you don't need permission to enter the basement to repair something. There are 2 doors to the units. Door 1 on the left will lead you straight into the 1st bedroom of unit 1. 2nd door on the right will lead you into the 2nd unit, on the 2nd floor. Down the hallway will lead you to the basement. Unit 1: 2 bedrooms, 1 bathroom, 1 eat in kitchen. Rented at $1,100 per month Unit 2: 2 bedrooms, 1 bathroom, 1 large eat in kitchen/living room. Rented at $1,300 per month This is a TENANT OCCUPIED property, please respect the time and come ON TIME, leave on time. If you cannot make it, text me only or cancel way ahead of time. Buyers tell your agents to read the AGENT REMARKS for where to send the offer.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Basement: Yes
  • Basement Type: Poured Concrete, Rear Entrance, Walkout Stairs, Water Proofing System, Sump Pump
  • Total Sq Ft: 1111
  • Living Area Sq Ft: 1111
  • Price Per Sq Ft: 221.32
  • Above Grade Finished Sq Ft: 1111
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2528

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
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • 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: O30
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 69.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1119.00
  • Year Assessed: 2023
  • Zoning: RM1

Rental Info

  • Number Of Units Month To Month: 1
  • Vacation Rental: No

Tax Info

  • School Tax: 706.00
  • Tax Annual Amount: 1287.00
  • Assessor Parcel Number: 402064700
  • Tax Lot: 16
  • Tax Total Finished Sq Ft: 1111
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 09/26/2024

Multi Family

  • 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
Apr 30, 2024
Closed on
Sep 16, 2024
Sold by
Vp Properties Management Llc
Bought by
Chambers Troy A
Seller's Agent
PARIS LUONG
Tesla Realty Group, LLC
Buyer's Agent
Andrea O'Neal
Kurfiss Sotheby's International Realty
List Price
$245,888
Sold Price
$250,000
Premium/Discount to List
$4,112
1.67%
Views
84
Current Estimated Value
$238,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,629
Avg. Annual Appreciation
-0.35%
Original Mortgage
$12,500
Outstanding Balance
$12,431
Interest Rate
6.46%
Estimated Equity
$236,842

Purchase Details

Listed on
Oct 3, 2019
Closed on
Dec 29, 2019
Sold by
Sheppard Joseph F
Bought by
Vp Properties Management Llc
Seller's Agent
Karmen Fails
Common Ground Realtors
Buyer's Agent
Lionel Schnell
Century 21 Advantage Gold-South Philadelphia
List Price
$85,000
Sold Price
$70,000
Premium/Discount to List
-$15,000
-17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.96%

Purchase Details

Closed on
Mar 31, 1999
Sold by
Wingate Raymond O and Wingate Marianne
Bought by
Sheppard Joseph F
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 $250,000 None Listed On Document
Deed $70,000 Colony Abstract Co Inc
Deed $28,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $12,500 No Value Available
Closed $12,500 New Conventional
Open $245,471 FHA
Previous Owner $58,282 FHA
Previous Owner $31,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2024 09/26/24 Sold $250,000 0.0% $225 / Sq Ft
09/18/2024 09/18/24 Sold $250,000 +1.7% $225 / Sq Ft
04/30/2024 04/30/24 For Sale $245,888 0.0% $221 / Sq Ft
04/30/2024 04/30/24 For Sale $245,888 +251.3% $221 / Sq Ft
12/30/2019 12/30/19 Sold $70,000 -12.5% $63 / Sq Ft
12/09/2019 12/09/19 Pending -- -- --
11/15/2019 11/15/19 Price Changed $79,999 -5.9% $72 / Sq Ft
10/03/2019 10/03/19 For Sale $85,000 -- $77 / 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 $1,288 $119,000 $23,800 $95,200
2024 $1,288 $119,000 $23,800 $95,200
2023 $1,288 $92,000 $18,400 $73,600
2022 $196 $47,000 $18,400 $28,600
2021 $1,047 $0 $0 $0
2020 $1,047 $0 $0 $0
2019 $966 $0 $0 $0
2018 $349 $0 $0 $0
2017 $768 $0 $0 $0
2016 $349 $0 $0 $0
2015 $334 $0 $0 $0
2014 -- $54,900 $5,593 $49,307
2012 -- $9,824 $1,422 $8,402
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2348834

Bright MLS

APN: 402064700