NOT LISTED FOR SALE

Estimated Value: $386,000 - $421,017

-- Bed
2 Baths
1,520 Sq Ft
$263/Sq Ft Est. Value

Last Sold October 19, 2020

Last sale price $300,000 $197 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,381/month

Highlights

  • Straight Thru Architecture
  • No HOA
  • Radiant Heating System

About This Home

As of October 2020

Large corner DUPLEX offers 2 x 2 bedroom x 1 bathrooms. Duplex for investors and owner occupants alike. This property would be a great investment to add to your current portfolio or it would be fantastic for a 1st-time buyer or any owner-occupant! Check out the Virtual Tour: 1st Floor https://youtu.be/kkvRZVKR17k - 2nd Floor https://youtu.be/_DEPUI44_gw ? Basement https://youtu.be/ujZTsFj1qNs Front and side fenced in yards, new steps and front walkway, and newer windows. The interiors offer older renovated kitchens and baths and hardwood floors. Garage/basement is fully finished (used by 1st floor tenant) with a partial bath and outside entrance, leaving the potential for added living space. Fully leased, 1st Floor (including bsmt) paying $975+ electric/gas - month to month; 2nd Floor paying $890+ electric/gas - month to month (after 8/20/20). This building would be easy to self-manage, which would save on management cost ($$$) as well, further increasing Net Income. The property currently occupied by reliable tenants, they are all willing to stay. Being offered and sold "As Is". All other supporting documents will be provide upon request. Location within North East Philly?s Mayfair Section, it is conveniently located near public transportation, parks, and much more! Walking distance to Mayfair Elementary School. Amentities. Hot water, gas fired tank (60 gallons each). One gas fired furnaces.

Last Agent to Sell the Property

Joe Vescovich

(267) 495-6165 jvesco@rvcre.com J G McSherry LLC Listed on: 08/11/2020

Last Buyer's Agent

Alisha Lan

(267) 528-9965 alishalan410@gmail.com Canaan Realty Investment Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,804

Year Built

  • Built in 1950

Lot Details

  • 2,555 Sq Ft Lot
  • Lot Dimensions are 28.71 x 89.00

Home Design

  • Duplex
  • Straight Thru Architecture
  • Traditional Architecture
  • Masonry

Interior Spaces

  • 1,520 Sq Ft Home
  • Partial Basement

Parking

  • Alley Access
  • Off-Site Parking

Utilities

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

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 73
  • Assessor Parcel Number 551481000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,804

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: Traditional, Straight Thru
  • Ownership: Fee Simple
  • Exclusions: All tenant(s) personal property/belongings.
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1950
  • Automatically Close On Close Date: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1520
  • Living Area Sq Ft: 1520
  • Price Per Sq Ft: 197.37
  • Above Grade Finished Sq Ft: 1520
  • 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: Alley, Off Site

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 163846.00
  • Land Assessed Value: 36454.00
  • Lot Size Acres: 0.06
  • Lot Dimensions: 28.71 x 89.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2555.00
  • Zoning: RSA5

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1281357
  • School Tax: 1539.00
  • Tax Annual Amount: 2804.00
  • Assessor Parcel Number: 551481000
  • Tax Lot: 73
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Sep 17, 2020
Sold by
Hoch Ryan M and Hoch Nichole M
Bought by
Lin Dahsing
Seller's Agent
Joe Vescovich
J G McSherry LLC
Buyer's Agent
Alisha Lan
Canaan Realty Investment Group
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$399,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,339
Avg. Annual Appreciation
5.84%
Original Mortgage
$240,000
Outstanding Balance
$212,099
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$187,240

Purchase Details

Closed on
Jan 22, 2009
Sold by
Hoch Ryan
Bought by
Hoch Ryan M and Hoch Nichole M

Purchase Details

Closed on
Sep 22, 2006
Sold by
Albany Sean E
Bought by
Hoch Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2003
Sold by
Iqbal Chaudhry Z and Yusuf Shazia
Bought by
Albany Sean E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,800
Interest Rate
5.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2000
Sold by
Catrambone Dominic V
Bought by
Iqbal Chaudhry Z and Yusuf Shazia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
8.59%
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 Buyer Sale Price Title Company
Lin Dahsing $300,000 First City Abstract Agcy Inc
Hoch Ryan M -- None Available
Hoch Ryan $210,000 Lawyers Title Insurance Co
Albany Sean E $141,000 --
Iqbal Chaudhry Z $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Dahsing $240,000
Previous Owner Hoch Ryan $189,000
Previous Owner Albany Sean E $112,800
Previous Owner Iqbal Chaudhry Z $68,000
Closed Albany Sean E $21,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2020 10/19/20 Sold $300,000 0.0% $197 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $300,000 -- $197 / 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 $3,315 $331,100 $66,220 $264,880
2025 $3,315 $331,100 $66,220 $264,880
2024 $3,315 $331,100 $66,220 $264,880
2023 $3,315 $236,800 $47,360 $189,440
2022 $2,804 $236,800 $47,360 $189,440
2021 $2,804 $0 $0 $0
2020 $2,804 $0 $0 $0
2019 $2,690 $0 $0 $0
2018 $2,206 $0 $0 $0
2017 $2,206 $0 $0 $0
2016 $2,206 $0 $0 $0
2015 $2,112 $0 $0 $0
2014 -- $157,600 $41,139 $116,461
2012 -- $17,216 $2,520 $14,696
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH924106

Bright MLS

APN: 551481000