$200,000
SOLD DEC 6, 2024
-- Bed
-- Bath
1,542 Sq Ft
1,119 Sq Ft Lot

Recently Sold

$130 Per Sq Ft

7% Below List Price

14 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • 2-minute walk to Elmwood Avenue And 61St Street

About This Home

As of December 2024

Come see this mixed-use property in the Elmwood Park Area of Philadelphia. The 1st floor is commercial and currently occupied by a Day Care. 2024 Rent is $900/mo. The 2nd floor, a 2-bedroom 1-bath apartment is rented at $1050/month. Gas/Electric are separate. Water is split between the 2 tenants and the owner. Trash will also be split between the 2 tenants and the owner.. The 1st floor offers hardwood floors, a small kitchenette and an updated bathroom. The 2nd floor apartment has new paint and a new kitchen floor. The property is located on the corner of Dewey and Buist, so great visibility for the 1st floor commercial tenant! Don’t miss out on this one!

Last Agent to Sell the Property

Pat Egan

(484) 919-0178 pat@eganre.com Egan Real Estate License #RM421478 Listed on: 08/28/2024

Co-Listed By

Kelly Egan

(610) 500-3090 kelly@eganre.com Egan Real Estate License #RS349760

Last Buyer's Agent

Anh Ngo

(610) 715-4803 helloanhngo@gmail.com EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,348

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

  • 1,542 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Masonry

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 402074400

Community Details

Overview

  • 2 Units
  • Elmwood Park Subdivision

Building Details

  • Income includes apartment rentals, professional offices

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,348

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: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenants belongings
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: Come see this mixed-use property in the Elmwood Park Area of Philadelphia. The 1st floor is commercial and currently occupied by a Day Care. 2024 Rent is $900/mo. The 2nd floor, a 2-bedroom 1-bath apartment is rented at $1050/month. Gas/Electric are separate. Water is split between the 2 tenants and the owner. Trash will also be split between the 2 tenants and the owner.. The 1st floor offers hardwood floors, a small kitchenette and an updated bathroom. The 2nd floor apartment has new paint and a new kitchen floor. The property is located on the corner of Dewey and Buist, so great visibility for the 1st floor commercial tenant! Don’t miss out on this one!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Total Sq Ft: 1542
  • Living Area Sq Ft: 1542
  • Price Per Sq Ft: 139.43
  • Above Grade Finished Sq Ft: 1542
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2601

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, Electric
  • Heating Type: Forced Air
  • 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

  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 69.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1119.00
  • Zoning: CMX-2

Rental Info

  • Existing Lease Type: Yearly
  • Rent Control: No
  • Vacation Rental: No

Multi Family

  • Income Includes: Apartment Rentals, Professional Offices

Tax Info

  • Tax Annual Amount: 3348.00
  • Assessor Parcel Number: 402074400
  • Tax Year: 2024
  • Close Date: 12/06/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2024
Closed on
Nov 6, 2024
Sold by
Quach Linh
Bought by
3939 Arabella Llc
Seller's Agent
Pat Egan
Egan Real Estate
Buyer's Agent
Anh Ngo
EXP Realty, LLC
List Price
$215,000
Sold Price
$200,000
Premium/Discount to List
-$15,000
-6.98%
Views
7
Current Estimated Value
$196,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,155
Avg. Annual Appreciation
-1.94%
Original Mortgage
$140,000
Outstanding Balance
$138,713
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$58,132

Purchase Details

Closed on
Sep 20, 2024
Sold by
Quach Julia
Bought by
Quach Linh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$138,713
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$58,132

Purchase Details

Listed on
Mar 20, 2024
Closed on
May 21, 2024
Sold by
Quach Linh
Bought by
Quach Julia
Seller's Agent
Pat Egan
Egan Real Estate
Buyer's Agent
Kelly Egan
Egan Real Estate
Sold Price
$1,050
Views
42

Purchase Details

Closed on
Mar 12, 2021
Sold by
Dao Khoa Duy
Bought by
Quach Linh

Purchase Details

Listed on
Aug 3, 2018
Closed on
Sep 14, 2018
Sold by
Wells Fargo Bank N A
Bought by
Dao Khoda Duy
Seller's Agent
Mitchell Cohen
Premier Real Estate Inc
Buyer's Agent
PARIS LUONG
Tesla Realty Group, LLC
List Price
$62,400
Sold Price
$61,000
Premium/Discount to List
-$1,400
-2.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.16%

Purchase Details

Closed on
Feb 7, 2017
Sold by
Shokrollah Mohammad
Bought by
Wells Fargo Bank Na and Carrington Mortgage Loan Trust
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 Type Sale Price Title Company
Deed $200,000 None Listed On Document
Deed $200,000 None Listed On Document
Deed -- None Listed On Document
Deed -- None Listed On Document
Deed $75,000 Suburban Abstract Agency Inc
Special Warranty Deed $61,000 Servicelink Llc
Sheriffs Deed $30,000 Land Title Building
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,000 New Conventional
Closed $140,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2024 12/06/24 Sold $200,000 -7.0% $130 / Sq Ft
08/28/2024 08/28/24 For Sale $215,000 0.0% $139 / Sq Ft
03/30/2024 03/30/24 Rented $1,050 0.0% --
03/20/2024 03/20/24 For Rent $1,050 0.0% --
09/24/2018 09/24/18 Sold $61,000 -2.2% $40 / Sq Ft View Prior Sale
08/29/2018 08/29/18 Pending -- -- --
08/03/2018 08/03/18 For Sale $62,400 -- $40 / 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 $3,348 $189,200 $37,840 $151,360
2024 $3,348 $189,200 $37,840 $151,360
2023 $3,348 $239,200 $47,840 $191,360
2022 $3,348 $239,200 $47,840 $191,360
2021 $1,123 $0 $0 $0
2020 $1,123 $0 $0 $0
2019 $978 $0 $0 $0
2018 $685 $0 $0 $0
2017 $685 $0 $0 $0
2016 $685 $0 $0 $0
2015 $1,083 $0 $0 $0
2014 -- $80,800 $5,628 $75,172
2012 -- $10,464 $1,346 $9,118
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2390612

Bright MLS

APN: 402074400