NOT LISTED FOR SALE

Estimated Value: $155,202

-- Bed
2 Baths
2,176 Sq Ft
$71/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $145,000 $67 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $972/month

23 Days on Market

About This Home

As of April 2024

Investment property on the corner of 56th & Delancey with over 2000 sq ft of living space in the popular Cobbs Creek neighborhood! Roof, Downspouts, Aluminum capping 2017, Water Heater 2022, Gas Heater 2020. Create a Duplex or utilize the CMX2 zoning for 1st floor business plus 2nd floor residential rental or owner occupied. 1st floor has 10+ foot ceilings bring light into this corner property plus 3 entrances on the main level creates various floor plan possibilities for this building. The 2nd level boasts 8ft ceilings, grand details, large living/dining room plus 3 bedrooms and a full bath to maximize your interest. So much potential with CMX2 zoning in a location close to University of the Sciences (now owned by St. Joseph's University), University of Pennsylvania, HUP, Drexel University and the 6 acre Malcolm X Memorial Park.

Last Agent to Sell the Property

Hala Imms

(610) 937-2154 hala.imms@foxroach.com BHHS Fox & Roach-Rosemont License #RS273167 Listed on: 02/21/2024

BHHS Fox & Roach-Rosemont

Last Buyer's Agent

Rewina Kahssay

(301) 747-8172 rewinakahssayrealtor@gmail.com EXP Realty, LLC License #rs356651

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,871

Year Built

  • Built in 1925

Lot Details

  • 1,336 Sq Ft Lot
  • Lot Dimensions are 16.00 x 84.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Masonry

Interior Spaces

  • 2,176 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Additional Homes

  • Dwelling with Separate Living Area

Utilities

  • Radiator
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 211
  • Assessor Parcel Number 871257300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,871

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Dwelling W/Separate Living Area
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-02-21
  • Year Built: 1925
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2176
  • Living Area Sq Ft: 2176
  • Price Per Sq Ft: 83.87
  • Above Grade Finished Sq Ft: 2176
  • 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: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator, Baseboard - Electric
  • 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: 0.03
  • Lot Dimensions: 16.00 x 84.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1336.00
  • Zoning: CMX2

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1026.00
  • Tax Annual Amount: 1871.00
  • Assessor Parcel Number: 871257300
  • Tax Lot: 211
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Apr 12, 2024
Sold by
David L Ramsey Supplemental Needs Trust
Bought by
Glinbot Fre and Fikak Meaza
Seller's Agent
Hala Imms
BHHS Fox & Roach-Rosemont
Buyer's Agent
Rewina Kahssay
EXP Realty, LLC
List Price
$182,500
Sold Price
$145,000
Premium/Discount to List
-$37,500
-20.55%
Views
64
Current Estimated Value
$155,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,202
Avg. Annual Appreciation
4.21%

Purchase Details

Closed on
Apr 16, 2014
Sold by
Davis Evelyn
Bought by
Ne Ramsey Deborah and Ne David L Ramsey Supplemental

Purchase Details

Closed on
Jun 9, 1978
Bought by
Leroy Davis and Leroy Evelyn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Glinbot Fre $145,000 None Listed On Document
Ne Ramsey Deborah -- None Available
Leroy Davis -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2024 04/12/24 Sold $145,000 -20.5% $67 / Sq Ft
02/21/2024 02/21/24 For Sale $182,500 -- $84 / 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 $1,872 $141,000 $28,200 $112,800
2025 $1,872 $141,000 $28,200 $112,800
2024 $1,872 $141,000 $28,200 $112,800
2023 $1,872 $133,700 $26,740 $106,960
2022 $754 $88,700 $26,740 $61,960
2021 $1,384 $0 $0 $0
2020 $1,384 $0 $0 $0
2019 $1,372 $0 $0 $0
2018 $913 $0 $0 $0
2017 $1,523 $0 $0 $0
2016 $1,103 $0 $0 $0
2015 $1,056 $0 $0 $0
2014 -- $108,800 $20,000 $88,800
2012 -- $18,784 $4,032 $14,752
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2321468

Bright MLS

APN: 871257300