NOT LISTED FOR SALE

2701 Elbridge St Philadelphia, PA 19149

Mayfair Neighborhood

Estimated Value: $312,000 - $401,549

-- Bed
2 Baths
1,600 Sq Ft
$231/Sq Ft Est. Value

Last Sold October 26, 2023

Last sale price $365,000 $228 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,271/month

5 Days on Market

About This Home

As of October 2023

Investor Alert: Outstanding Duplex Investment Opportunity
If you're looking for a prime investment opportunity, your search ends here. This 2x2 duplex is a lucrative option that demands your attention. The first floor and basement have recently renovated, ensuring they're in top-notch condition. Moreover, the second floor boasts a long-term tenant on a month-to-month lease who consistently pays rent on time and has expressed a desire to stay.Investment: 2x2 duplex
Location: Prime corner spot, Elbridge and Farnsworth Street
Tenant: Reliable, long-term month-to-month on 2nd floor
Features:
Renovated 1st floor and basement
Unit 1: Open concept, updated kitchen, 2 bedrooms
Unit 2: Spacious living areas, 2 bedrooms
Convenient to shops and public transport
Condition: Move-in ready, well-maintained
Act fast!

Last Agent to Sell the Property

Mike Yuan

(267) 808-3890 mikeyuan1105@gmail.com Home Vista Realty License #RS354647 Listed on: 09/09/2023

Last Buyer's Agent

Lina Balanta

(215) 863-7765 linabhomes@gmail.com Keller Williams Real Estate Tri-County License #2298196

Keller Williams Real Estate Tri-County

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,062

Year Built

  • Built in 1950

Lot Details

  • 2,983 Sq Ft Lot
  • Lot Dimensions are 29.00 x 104.00

Parking

  • Off-Street Parking

Home Design

  • 1,600 Sq Ft Home
  • Duplex
  • AirLite
  • Masonry

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 444
  • Assessor Parcel Number 621303100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,062

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Airlite
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2023-09-09
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 224.94
  • 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
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • 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

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 29.00 x 104.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2983.00
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2229.00
  • Tax Annual Amount: 4062.00
  • Assessor Parcel Number: 621303100
  • Tax Lot: 444
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2023
Closed on
Oct 26, 2023
Sold by
Weisky Llc
Bought by
Alvarez Castro Aida L
Seller's Agent
Mike Yuan
Home Vista Realty
Buyer's Agent
Lina Balanta
Keller Williams Real Estate Tri-County
List Price
$359,900
Sold Price
$365,000
Premium/Discount to List
$5,100
1.42%
Views
407
Current Estimated Value
$369,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,183
Avg. Annual Appreciation
0.57%
Original Mortgage
$273,750
Outstanding Balance
$268,179
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$101,004

Purchase Details

Listed on
Aug 19, 2017
Closed on
Oct 5, 2017
Sold by
Asson Joaqin
Bought by
Weisky Llc
Seller's Agent
Jose Correa
Keller Williams Real Estate Tri-County
Buyer's Agent
Emily Chan
Philly Real Estate
List Price
$235,000
Sold Price
$240,000
Premium/Discount to List
$5,000
2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$150,000
Interest Rate
3.86%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 14, 2014
Closed on
Oct 30, 2014
Sold by
Ross Caroline R
Bought by
Asson Joaquin
Seller's Agent
Robert Sulecki
Exceed Realty
Buyer's Agent
Mike Cirillo
Better Homes Realty Group
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%
Original Mortgage
$196,377
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 18, 1996
Sold by
Haux Charles F and Haux Mary J
Bought by
Ross Robert R and Ross Caroline R
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
Alvarez Castro Aida L $365,000 Chase Abstract
Weisky Llc $240,000 First City Abstract Agency I
Asson Joaquin $200,000 None Available
Ross Robert R $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Castro Aida L $273,750
Previous Owner Weisky Llc $150,000
Previous Owner Asson Joaquin $196,377
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2023 10/26/23 Sold $365,000 +1.4% $228 / Sq Ft
09/09/2023 09/09/23 For Sale $359,900 +50.0% $225 / Sq Ft
10/05/2017 10/05/17 Sold $240,000 +2.1% $120 / Sq Ft View Prior Sale
08/24/2017 08/24/17 Pending -- -- --
08/19/2017 08/19/17 For Sale $235,000 +17.5% $118 / Sq Ft
10/30/2014 10/30/14 Sold $200,000 0.0% $100 / Sq Ft View Prior Sale
08/18/2014 08/18/14 Pending -- -- --
08/14/2014 08/14/14 For Sale $200,000 -- $100 / 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
2026 $4,062 $370,500 $74,100 $296,400
2025 $4,062 $370,500 $74,100 $296,400
2024 $4,062 $370,500 $74,100 $296,400
2023 $4,062 $290,200 $58,040 $232,160
2022 $2,329 $290,200 $58,040 $232,160
2021 $2,329 $0 $0 $0
2020 $2,329 $0 $0 $0
2019 $2,235 $0 $0 $0
2018 $2,121 $0 $0 $0
2017 $2,121 $0 $0 $0
2016 $2,121 $0 $0 $0
2015 $2,030 $0 $0 $0
2014 -- $151,500 $41,690 $109,810
2012 -- $18,336 $2,907 $15,429
Source: Public Records

Agents Affiliated with this Home

  • Mike Yuan

    Seller's Agent in 2023

    Mike Yuan

    Home Vista Realty

    (267) 808-3890

    36 in this area

    93 Total Sales

    Mike Yuan
    Section Image

  • L

    Buyer's Agent in 2023

    Lina Balanta

    Keller Williams Real Estate Tri-County

    (215) 863-7765

    14 in this area

    187 Total Sales

    Lina Balanta
    Section Image
  • Jose Correa

    Seller's Agent in 2017

    Jose Correa

    Keller Williams Real Estate Tri-County

    (267) 225-4432

    3 in this area

    112 Total Sales

    Jose Correa
    Section Image
  • Emily Chan

    Buyer's Agent in 2017

    Emily Chan

    Philly Real Estate

    (215) 888-8310

    3 in this area

    62 Total Sales

    Emily Chan
    Section Image
  • Robert Sulecki

    Seller's Agent in 2014

    Robert Sulecki

    Exceed Realty

    (215) 603-1004

    3 in this area

    106 Total Sales

    Robert Sulecki
    Section Image
  • Mike Cirillo

    Buyer's Agent in 2014

    Mike Cirillo

    Better Homes Realty Group

    (215) 601-9988

    9 in this area

    340 Total Sales

    Mike Cirillo
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2274956

Bright MLS

APN: 621303100

Pennsylvania Philadelphia County Philadelphia 19149 Mayfair

2701 Elbridge St, Philadelphia, PA

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