Seller's Agent in 2019
John Brown
Compass RE
(215) 778-9600
1 in this area
23 Total Sales
2550 S 2nd St Philadelphia, PA 19148
Whitman NeighborhoodEstimated Value: $417,000 - $492,600
3
Beds
3.5
Baths
2,600
Sq Ft
$175/Sq Ft
Est. Value
Highlights
- Contemporary Architecture
- Stainless Steel Appliances
- Laundry Room
- No HOA
- Wet Bar
- 2-minute walk to Murphy Recreation Center
About This Home
As of April 2019Impeccable remodeling work on this rapidly improving block in South East Philadelphia. Features include 3 bedrooms, 3.5 bathrooms, full finished basement with separate laundry room including top-of-the-line front loading washer and dryer. Large rear patio garden, third floor east and west facing terraces, and full rooftop deck with lighting, running water and seriously impressive views! 10 year tax abatement has been approved on the improvements. Conveniently located to shopping along Christopher Columbus Boulevard. Enjoy easy access routes to 1-95, the Walt Whitman bridge and PHL airport.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,403
Year Built
- Built in 1925 | Remodeled in 2018
Lot Details
- 746 Sq Ft Lot
- Property is in good condition
Home Design
- Contemporary Architecture
- Masonry
Interior Spaces
- Property has 3 Levels
- Wet Bar
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Built-In Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry Room
- Front Loading Dryer
- Front Loading Washer
Eco-Friendly Details
- Energy-Efficient Windows
Utilities
- Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
Community Details
- No Home Owners Association
- Whitman Subdivision
Listing and Financial Details
- Tax Lot 40
- Assessor Parcel Number 391290000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 12, 2018
Closed on
Apr 16, 2019
Sold by
Zeng Patrick and Ruan Jennifer M
Bought by
Chen Zhong Yong and Chen Lixin
Seller's Agent
John Brown
Compass RE
Buyer's Agent
Qiaoying Li
Philly Real Estate
List Price
$389,000
Sold Price
$355,000
Premium/Discount to List
-$34,000
-8.74%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,650
Avg. Annual Appreciation
3.81%
Original Mortgage
$250,000
Outstanding Balance
$221,121
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$229,997
Purchase Details
Closed on
Jun 22, 2015
Sold by
Lynch John
Bought by
Zeng Patrick and Ruan Jennifer M
Purchase Details
Closed on
Jul 9, 1998
Sold by
Redevelopment Authority Of The City Of P
Bought by
Lynch John
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chen Zhong Yong | $355,000 | First City Abstract Agcy Inc | |
| Zeng Patrick | $105,000 | First American Title Insuran | |
| Lynch John | $300 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Zhong Yong | $250,000 | |
| Previous Owner | Lynch John W | $16,500 | |
| Previous Owner | Lynch John W | $12,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/16/2019 04/16/19 | Sold | $355,000 | -6.1% | $137 / Sq Ft |
| 02/18/2019 02/18/19 | Pending | -- | -- | -- |
| 01/30/2019 01/30/19 | Price Changed | $378,000 | -2.8% | $145 / Sq Ft |
| 12/12/2018 12/12/18 | For Sale | $389,000 | -- | $150 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,646 | $399,300 | $79,860 | $319,440 |
| 2024 | $1,646 | $399,300 | $79,860 | $319,440 |
| 2023 | $1,646 | $367,500 | $73,500 | $294,000 |
| 2022 | $1,520 | $117,600 | $73,500 | $44,100 |
| 2021 | $1,520 | $0 | $0 | $0 |
| 2020 | $1,520 | $0 | $0 | $0 |
| 2019 | $1,797 | $0 | $0 | $0 |
| 2018 | $1,403 | $0 | $0 | $0 |
| 2017 | $1,403 | $0 | $0 | $0 |
| 2016 | $903 | $0 | $0 | $0 |
| 2015 | $864 | $0 | $0 | $0 |
| 2014 | -- | $128,700 | $10,671 | $118,029 |
| 2012 | -- | $6,880 | $1,882 | $4,998 |
Source: Public Records
Agents Affiliated with this Home
-
John Brown
-
Qiaoying Li
Q
Buyer's Agent in 2019
Qiaoying Li
Philly Real Estate
(267) 269-3300
2 in this area
74 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH363624
APN: 391290000
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