NOT LISTED FOR SALE

2600 S 7th St Philadelphia, PA 19148

South Philadelphia East Neighborhood

Estimated Value: $229,000 - $281,000

-- Bed
3 Baths
1,600 Sq Ft
$159/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $205,000 $128 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,656/month

105 Days on Market

About This Home

As of May 2023

Very large legal duplex, end unit. Both units are occupied. The property may need some updating . If you are handy, you can either renovate to flip or updating and keep.

Last Agent to Sell the Property

Richard Li

(267) 767-7612 richard4493@gmail.com Liberty Real Estate Listed on: 01/06/2023

Last Buyer's Agent

Adam Doerner

(856) 581-3445 adoerner@giraldorealestategroup.com Giraldo Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,227

Year Built

  • Built in 1920

Lot Details

  • 960 Sq Ft Lot
  • Lot Dimensions are 16.00 x 60.00

Home Design

  • 1,600 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Traditional Architecture
  • Brick Foundation
  • Masonry

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Natural Gas Water Heater

Additional Features

  • Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 222
  • Assessor Parcel Number 393192100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,227

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, Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 148.75
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet

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
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 131463.00
  • Land Assessed Value: 27637.00
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16.00 x 60.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 960.00
  • Zoning: CMX1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1145129
  • School Tax: 1222.00
  • Tax Annual Amount: 2227.00
  • Assessor Parcel Number: 393192100
  • Tax Lot: 222
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Jun 2, 2023
Sold by
Yang Yifan
Bought by
Gmt2 Properties Llc
Seller's Agent
Richard Li
Liberty Real Estate
Buyer's Agent
Adam Doerner
Giraldo Real Estate Group
List Price
$238,000
Sold Price
$205,000
Premium/Discount to List
-$33,000
-13.87%
Views
90
Current Estimated Value
$255,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,000
Avg. Annual Appreciation
9.40%
Original Mortgage
$292,200
Outstanding Balance
$284,443
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
-$29,443

Purchase Details

Closed on
Aug 3, 2018
Sold by
Huang Yingli
Bought by
Yang Yifan

Purchase Details

Listed on
Jul 1, 2013
Closed on
Nov 8, 2013
Sold by
Seventh Street Properties Llc
Bought by
Huang Vingli
Seller's Agent
Jack Xiao
Foundation Realty Group Inc
Buyer's Agent
Richard Li
Liberty Real Estate
List Price
$16,800
Sold Price
$142,000
Premium/Discount to List
$125,200
745.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Original Mortgage
$100,000
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 22, 2009
Sold by
He Wen Yu Yi and He Chao
Bought by
Seventh Street Properties Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gmt2 Properties Llc $180,000 None Listed On Document
Yang Yifan -- Elkins Abstract Icn
Huang Vingli $142,000 None Available
Seventh Street Properties Llc $16,254 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gmt2 Properties Llc $292,200
Previous Owner Huang Vingli $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2023 05/25/23 Sold $205,000 -13.9% $128 / Sq Ft
01/06/2023 01/06/23 For Sale $238,000 +67.6% $149 / Sq Ft
11/08/2013 11/08/13 Sold $142,000 +745.2% $89 / Sq Ft View Prior Sale
09/13/2013 09/13/13 Pending -- -- --
07/01/2013 07/01/13 For Sale $16,800 -- $11 / 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 $3,869 $266,000 $53,200 $212,800
2024 $3,869 $266,000 $53,200 $212,800
2023 $3,869 $276,400 $55,280 $221,120
2022 $2,227 $276,400 $55,280 $221,120
2021 $2,227 $0 $0 $0
2020 $2,227 $0 $0 $0
2019 $2,055 $0 $0 $0
2018 $2,354 $0 $0 $0
2017 $2,354 $0 $0 $0
2016 $2,354 $0 $0 $0
2015 $1,471 $0 $0 $0
2014 -- $109,800 $12,508 $97,292
2012 -- $5,312 $1,327 $3,985
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Richard Li

    Liberty Real Estate

    (267) 767-7612

    13 in this area

    75 Total Sales

    Richard Li
    Section Image

  • A

    Buyer's Agent in 2023

    Adam Doerner

    Giraldo Real Estate Group

    (856) 581-3445

    1 in this area

    14 Total Sales

    Adam Doerner
    Section Image

  • J

    Seller's Agent in 2013

    Jack Xiao

    Foundation Realty Group Inc

    (267) 241-3388

    2 in this area

    31 Total Sales

    Jack Xiao
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2191400

Bright MLS

APN: 393192100

Pennsylvania Philadelphia County Philadelphia 19148 South Philadelphia East

2600 S 7th St, Philadelphia, PA

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