M
Seller's Agent in 2023
Marco Ricca
Mercury Real Estate Group
(215) 439-5800
1 in this area
2 Total Sales
2931 S Robinson St Philadelphia, PA 19142
Elmwood NeighborhoodEstimated Value: $161,000 - $198,000
4
Beds
1.5
Baths
1,216
Sq Ft
$152/Sq Ft
Est. Value
Highlights
- No HOA
- Electric Baseboard Heater
- Hot Water Baseboard Heater
About This Home
As of October 2023This property needs work, but has huge potential for an owner occupied residence with business downstairs or as a great investment property. This large, 2 unit, corner property has a ground floor unit currently set up for a commercial space which has a history of variance approval and a large 4 bedroom / 1 bath, bi-level residential unit above. The taxes are insanely low and the location couldn't be better, being on a wide 2 way street with plenty of parking.
The ground level commercial space is all electric and has a separate entrance from Eastwick Ave. on the side of the property. There is a non working central air conditioning unit connected to this space that has been sealed off. The space is heated with electric baseboard and an electric wall heating unit. There is a 30 Gal. water heater located in the powder room. Water is a single meter, but the electric has separate panels and meters. The last use of the lower unit was a variety store so the set-up has a small stockroom/ office, open area for customers and a caged area for cashier with a powder room. The caged area has official bullet resistant glass and ¼ inch steel plating around the counter walls. Refrigeration is available separately, in as is condition, at a low price, but will need to be serviced.
This property has had some work done but will need additional work to bring it up to par. The residence boasts a tile entry & kitchen and original red oak hardwood flooring through the rest of the house. The residence bath will need new flooring and some additional work. (use caution in the residence bathroom- open floor)
The residence has gas cooking, water heater and boiler (the boiler needs service or replacement).
This property needs work throughout, but a smaller, less versatile comp on the block sold for over $280k within the past year. Bring your contractor or toolbelt and lets make a deal.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $951
Year Built
- Built in 1925
Lot Details
- 1,213 Sq Ft Lot
- Lot Dimensions are 16.00 x 76.00
- Property is in below average condition
Parking
- On-Street Parking
Home Design
- Permanent Foundation
- Masonry
Interior Spaces
- 1,216 Sq Ft Home
- Property has 3 Levels
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Finished Basement
- Heated Basement
- Walk-Out Basement
- Side Exterior Basement Entry
- Basement Windows
Utilities
- Radiator
- Hot Water Baseboard Heater
- Electric Baseboard Heater
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Eastwick Subdivision
Listing and Financial Details
- Assessor Parcel Number 871561140
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 15, 2024
Sold by
Wang Chen Hsin Tung
Bought by
Duan Shao Yun
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Outstanding Balance
$127,439
Interest Rate
6.72%
Mortgage Type
VA
Estimated Equity
$46,521
Purchase Details
Closed on
Feb 22, 2008
Sold by
Tomczuk Debra
Bought by
Wang Chen Hsin Tung
Purchase Details
Closed on
Feb 28, 2003
Sold by
Kremenets Nadezhda
Bought by
Tomczuk Debra
Purchase Details
Closed on
Jun 23, 2000
Sold by
Chawla Irene
Bought by
Kremenets Nadezhda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,700
Interest Rate
8.1%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Duan Shao Yun | $160,000 | None Listed On Document | |
| Wang Chen Hsin Tung | $86,000 | None Available | |
| Tomczuk Debra | $53,000 | -- | |
| Kremenets Nadezhda | $43,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Duan Shao Yun | $128,000 | |
| Previous Owner | Tomczuk Deborah L | $50,000 | |
| Previous Owner | Kremenets Nadezhda | $38,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/17/2023 10/17/23 | Sold | $155,000 | -3.1% | $127 / Sq Ft |
| 07/21/2023 07/21/23 | For Sale | $159,900 | -- | $131 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,048 | $173,900 | $34,780 | $139,120 |
| 2024 | $2,048 | $173,900 | $34,780 | $139,120 |
| 2023 | $2,048 | $146,300 | $29,260 | $117,040 |
| 2022 | $1,559 | $146,300 | $29,260 | $117,040 |
| 2021 | $1,559 | $0 | $0 | $0 |
| 2020 | $1,559 | $0 | $0 | $0 |
| 2019 | $1,496 | $0 | $0 | $0 |
| 2018 | $1,375 | $0 | $0 | $0 |
| 2017 | $1,375 | $0 | $0 | $0 |
| 2016 | $1,375 | $0 | $0 | $0 |
| 2015 | $1,316 | $0 | $0 | $0 |
| 2014 | -- | $98,200 | $14,175 | $84,025 |
| 2012 | -- | $13,216 | $971 | $12,245 |
Source: Public Records
Agents Affiliated with this Home
-
Marco Ricca
-
Selina Thach
S
Buyer's Agent in 2023
Selina Thach
Realty Mark Associates-Philadelphia
(267) 591-6627
1 in this area
8 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2181780
APN: 621286100
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