NOT LISTED FOR SALE

Estimated Value: $306,647

-- Bed
1 Bath
1,536 Sq Ft
$200/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $281,000 $183 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,887/month

Highlights

  • Straight Thru Architecture
  • Radiator
  • 5-minute walk to Murphy Recreation Center
  • No HOA

About This Home

As of June 2021

CMXI zoned property with a Deli on the first floor and a 2-bedroom apartment on the second floor. This property has the proper zoning for its usage from the city. The deli has a lease with another 4 years remaining. The upstairs apartment is month-to-month. Those corner commercial mixed use properties are a rare find, especially at such a prime location. You get the density needed for the business without the noise of an avenue. This gem is ready to shine again under new ownership.

Last Agent to Sell the Property

Lina Zheng

(215) 332-1700 lina3294@gmail.com Commerce Real Estate Inc Listed on: 04/29/2021

Last Buyer's Agent

Steven Zhao

(267) 582-5041 Stevenzhao@phillyliving.com KW Empower

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,437

Year Built

  • Built in 1920

Lot Details

  • 792 Sq Ft Lot
  • Lot Dimensions are 16.00 x 51.00

Parking

  • On-Street Parking

Home Design

  • 1,536 Sq Ft Home
  • Duplex
  • Straight Thru Architecture
  • Masonry

Utilities

  • Radiator
  • Electric Water Heater

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 107
  • Assessor Parcel Number 871554760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,437

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: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: CMXI zoned property with a Deli on the first floor and a 2-bedroom apartment on the second floor. This property has the proper zoning for its usage from the city. The deli has a lease with another 4 years remaining. The upstairs apartment is month-to-month. Those corner commercial mixed use properties are a rare find, especially at such a prime location. You get the density needed for the business without the noise of an avenue. This gem is ready to shine again under new ownership.
  • Special Features: None

Interior Features

  • Basement: Yes
  • Total Sq Ft: 1536
  • Living Area Sq Ft: 1536
  • Price Per Sq Ft: 194.01
  • Above Grade Finished Sq Ft: 1536
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2600

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: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: 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: 139280.00
  • Land Assessed Value: 34820.00
  • Land Use Code: S30
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16.00 x 51.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 792.00
  • Year Assessed: 2021
  • Zoning: CMX1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1143559
  • School Tax: 1337.00
  • Tax Annual Amount: 2437.00
  • Assessor Parcel Number: 871554760
  • Tax Lot: 107
  • Tax Total Finished Sq Ft: 1536
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/30/2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jul 29, 2021
Sold by
Chen Ying and Chen Jianxia
Bought by
Cz Acquisition 2600 Llc
Seller's Agent
Lina Zheng
Commerce Real Estate Inc
Buyer's Agent
Steven Zhao
KW Empower
List Price
$298,000
Sold Price
$281,000
Premium/Discount to List
-$17,000
-5.7%
Current Estimated Value
$306,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,647
Avg. Annual Appreciation
2.04%
Original Mortgage
$188,500
Interest Rate
2.99%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Dec 18, 2018
Closed on
Mar 20, 2019
Sold by
Tran Lynn
Bought by
Chen Ying and Chen Jianxia
Seller's Agent
Tony Salloum
Compass RE
Buyer's Agent
Lina Zheng
Commerce Real Estate Inc
List Price
$285,000
Sold Price
$260,000
Premium/Discount to List
-$25,000
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.47%
Original Mortgage
$174,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 5, 2011
Sold by
Tran Lynn and Lin Yi Yu
Bought by
Tran Lynn

Purchase Details

Closed on
May 20, 2010
Sold by
Nguyen Do
Bought by
Tran Lynn and Lin Yi Yu

Purchase Details

Closed on
Jan 6, 2004
Sold by
Carmolingo John J and Carmolingo Diane
Bought by
Nguyen Do

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.88%
Mortgage Type
Seller Take Back
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
Cz Acquisition 2600 Llc $281,000 Commonground Abstract Llc
Chen Ying $260,000 None Available
Tran Lynn $60,000 None Available
Tran Lynn $60,000 None Available
Nguyen Do $85,000 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cz Acquisition 2600 Llc $188,500
Previous Owner Chen Ying $174,000
Previous Owner Nguyen Do $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2021 06/30/21 Sold $281,000 -5.7% $183 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $298,000 +14.6% $194 / Sq Ft
03/20/2019 03/20/19 Sold $260,000 -8.8% -- View Prior Sale
12/18/2018 12/18/18 For Sale $285,000 -- --
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 $3,344 $200,599 $40,120 $160,479
2024 $3,344 $200,599 $40,120 $160,479
2023 $3,344 $238,899 $47,780 $191,119
2022 $2,241 $224,900 $47,780 $177,120
2021 $2,437 $0 $0 $0
2020 $2,437 $0 $0 $0
2019 $2,413 $0 $0 $0
2018 $2,343 $0 $0 $0
2017 $3,054 $0 $0 $0
2016 $2,907 $0 $0 $0
2015 $2,783 $0 $0 $0
2014 -- $218,200 $9,789 $208,411
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH1012168

Bright MLS

APN: 871554760