NOT LISTED FOR SALE

Estimated Value: $847,000 - $963,901

-- Bed
4 Baths
3,144 Sq Ft
$283/Sq Ft Est. Value

Last Sold July 12, 2017

Last sale price $555,000 $177 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,234/month

Highlights

  • Wood Flooring
  • 3-minute walk to 40Th Street
  • Heating System Uses Gas
  • No HOA
  • Central Air
  • 4-minute walk to Saunders Park

About This Home

As of July 2017

Marvelous investment property in University City, with tax abatement up to Dec. 2022. Brand new building from 2012. Tenants pay utilities, very low expense and great cash flow. Two units with a total of 9 bedrooms. Personal washer and dryer in each unit. Wonderful natural-light from large windows and nicely-sized closets in all rooms. Fantastic location minutes away from Drexel and Penn, as well as walking distance to shopping and public transportation.

Last Agent to Sell the Property

Lily Wu

(610) 761-6426 lily.wu@foxroach.com Keller Williams Main Line License #RS314264 Listed on: 05/30/2017

Keller Williams Main Line

Last Buyer's Agent

Lily Wu

(610) 761-6426 lily.wu@foxroach.com Keller Williams Main Line License #RS314264 Listed on: 05/30/2017

Keller Williams Main Line

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $894

Year Built

  • Built in 2012

Lot Details

  • 2,850 Sq Ft Lot
  • Lot Dimensions are 25x114
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Flat Roof Shape
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,144 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Flooring

  • Wood
  • Wall to Wall Carpet

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 147
  • Assessor Parcel Number 061162600

Community Details

Overview

  • No Home Owners Association
  • Powelton Village Subdivision

Building Details

  • Operating Expense $894

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$894

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, Washer, Dryer, - All As Is Condition
  • New Construction: No
  • Year Built: 2012
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Wood, Fully Carpeted
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Washer In Unit
  • Total Sq Ft: 3144
  • Living Area Sq Ft: 3144
  • Price Per Sq Ft: 186.07
  • Above Grade Finished Sq Ft: 3144
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 314

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Exterior Features: Sidewalks
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Land Use Code: W50
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X114
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2850.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 894.00
  • Assessor Parcel Number: 061162600
  • Tax Lot: 147
  • Tax Year: 2017
  • Close Date: 07/12/2017

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2017
Closed on
Jul 7, 2017
Sold by
Liu Dahui
Bought by
Tan Liping
Seller's Agent
Lily Wu
Keller Williams Main Line
Buyer's Agent
Lily Wu
Keller Williams Main Line
List Price
$585,000
Sold Price
$555,000
Premium/Discount to List
-$30,000
-5.13%
Current Estimated Value
$888,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,967
Avg. Annual Appreciation
5.84%

Purchase Details

Listed on
Aug 23, 2012
Closed on
Dec 7, 2012
Sold by
Mpbs Properties Llc
Bought by
Liu Dahui
Seller's Agent
Jennifer Robertson
The Realty Dot, Inc
Buyer's Agent
Lily Wu
Keller Williams Main Line
List Price
$545,000
Sold Price
$510,000
Premium/Discount to List
-$35,000
-6.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.86%
Original Mortgage
$382,500
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2012
Sold by
Baye Richard
Bought by
Mpbs Properties Llc

Purchase Details

Closed on
Jul 11, 2005
Sold by
Tucker Leeman D and Tucker Dolores
Bought by
Baye Richard
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
Tan Liping $555,000 None Available
Liu Dahui $510,000 None Available
Mpbs Properties Llc $68,500 None Available
Baye Richard $45,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liu Dahui $382,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2017 07/12/17 Sold $555,000 -5.1% $177 / Sq Ft
06/12/2017 06/12/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $585,000 +14.7% $186 / Sq Ft
12/07/2012 12/07/12 Sold $510,000 -6.4% $132 / Sq Ft View Prior Sale
11/12/2012 11/12/12 Pending -- -- --
08/23/2012 08/23/12 For Sale $545,000 -- $141 / 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 $6,694 $800,000 $160,000 $640,000
2025 $6,694 $800,000 $160,000 $640,000
2024 $6,694 $800,000 $160,000 $640,000
2023 $6,694 $478,200 $95,640 $382,560
2022 $1,017 $478,200 $95,640 $382,560
2021 $1,017 $0 $0 $0
2020 $1,017 $0 $0 $0
2019 $978 $0 $0 $0
2018 $894 $0 $0 $0
2017 $894 $0 $0 $0
2016 $407 $0 $0 $0
2015 $389 $0 $0 $0
2014 -- $315,300 $29,058 $286,242
2012 -- $76,800 $3,000 $73,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003252159

Bright MLS

APN: 061162600