NOT LISTED FOR SALE

2602 W Montgomery Ave Philadelphia, PA 19121

North Philadelphia West Neighborhood

Estimated Value: $201,000 - $262,000

-- Bed
-- Bath
1,951 Sq Ft
$119/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $188,175 $96 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,525/month

140 Days on Market

About This Home

As of May 2023

Motivated Seller! Legal Duplex! 1st floor unit is 1 bedroom with access to basement, large bedroom that could maybe be split in 2 and access to the yard. Upper unit spans the 2nd and 3rd floor and has four large bedrooms! Great investment property. House will be vacant so you can come in and do any updates improvements wanted before renting. Income generator. Located in the hot Brewerytown area. Minutes from Fairmount Park.

Last Agent to Sell the Property

Tobias Biddle

(215) 432-8000 biddle.tobias@gmail.com Quality Real Estate-Broad St License #RM050948A Listed on: 10/17/2022

Last Buyer's Agent

Joseph Kunz

(215) 800-7459 Joe@digz.house Digz.house License #RS353569

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,750

Year Built

  • Built in 1915

Lot Details

  • 1,143 Sq Ft Lot
  • Lot Dimensions are 16.00 x 70.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Flat Roof Shape
  • Stone Foundation
  • Masonry

Interior Spaces

  • 1,951 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 121
  • Assessor Parcel Number 324077200

Community Details

Overview

  • 2 Units
  • Brewerytown Subdivision

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,750

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: all contents
  • New Construction: No
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Flooring Type: Wood
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1951
  • Living Area Sq Ft: 1951
  • Price Per Sq Ft: 99.90
  • Above Grade Finished Sq Ft: 1951
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Roof: Flat
  • 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
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • 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: 214400.00
  • Land Assessed Value: 53500.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 70.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1143.00
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1078662
  • School Tax: 2057.00
  • Tax Annual Amount: 3750.00
  • Assessor Parcel Number: 324077200
  • Tax Lot: 121
  • Tax Data Updated: No
  • Tax Year: 2023

Multi Family

  • Number Of Units Vacant: 2
  • 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
Oct 17, 2022
Closed on
May 3, 2023
Sold by
Parkway 2 Llc
Bought by
Mccrea Property Group Llc
Seller's Agent
Tobias Biddle
Quality Real Estate-Broad St
Buyer's Agent
Joseph Kunz
Digz.house
List Price
$229,900
Sold Price
$188,175
Premium/Discount to List
-$41,725
-18.15%
Views
15
Current Estimated Value
$231,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,325
Avg. Annual Appreciation
8.71%
Original Mortgage
$360,375
Interest Rate
6.42%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 1, 2016
Sold by
Project Funding Llc
Bought by
Parkway 2 Llc

Purchase Details

Closed on
Mar 2, 2006
Sold by
Black Ice Capital Llc
Bought by
Project Funding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 21, 2004
Sold by
Gilford Learon
Bought by
Moss Lang
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
Mccrea Property Group Llc $188,175 None Listed On Document
Parkway 2 Llc $3,750 None Available
Project Funding Llc -- None Available
Black Ice Capital Inc $35,000 None Available
Moss Lang $6,250 Security Search & Abstract C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mccrea Property Group Llc $360,375
Previous Owner Black Ice Capital Inc $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2023 05/05/23 Sold $188,175 -3.5% $96 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
02/27/2023 02/27/23 Price Changed $194,900 -2.0% $100 / Sq Ft
02/01/2023 02/01/23 Price Changed $198,900 -0.5% $102 / Sq Ft
12/09/2022 12/09/22 Price Changed $199,900 -4.3% $102 / Sq Ft
12/05/2022 12/05/22 Price Changed $208,900 -0.5% $107 / Sq Ft
11/08/2022 11/08/22 Price Changed $209,900 -8.7% $108 / Sq Ft
10/17/2022 10/17/22 For Sale $229,900 -- $118 / 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 $3,750 $212,500 $42,500 $170,000
2024 $3,750 $212,500 $42,500 $170,000
2023 $3,750 $267,900 $53,500 $214,400
2022 $1,102 $267,900 $53,500 $214,400
2021 $1,102 $0 $0 $0
2020 $1,102 $0 $0 $0
2019 $1,065 $0 $0 $0
2018 $589 $0 $0 $0
2017 $589 $0 $0 $0
2016 $589 $0 $0 $0
2015 $780 $0 $0 $0
2014 -- $58,200 $5,409 $52,791
2012 -- $1,856 $402 $1,454
Source: Public Records

Agents Affiliated with this Home

  • Tobias Biddle

    Seller's Agent in 2023

    Tobias Biddle

    Quality Real Estate-Broad St

    (215) 432-8000

    3 in this area

    170 Total Sales

    Tobias Biddle
    Section Image
  • Joseph Kunz

    Buyer's Agent in 2023

    Joseph Kunz

    Digz.house

    (215) 800-7459

    4 in this area

    92 Total Sales

    Joseph Kunz
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2170742

Bright MLS

APN: 324077200

Pennsylvania Philadelphia County Philadelphia 19121 North Philadelphia West

2602 W Montgomery Ave, Philadelphia, PA

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