NOT LISTED FOR SALE

Estimated Value: $114,000 - $165,334

3 Beds
1 Bath
900 Sq Ft
$156/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $150,000 $167 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $857/month

83 Days on Market

About This Home

As of May 2024

Welcome to 342 E Mechanic St! This house is perfect for either an investor or occupant- recent renovations include but are certainly not limited to brand new kitchen appliances, GRANITE countertops, new paint throughout, and newer LVP flooring. It has been very well maintained so truly all there is to do is move in! The main floor space includes an open floor plan with plenty of natural light. The three bedrooms are all roomy and one could easily work as an office or play room. Close to Germantown, Mt Airy, and Manayunk, and an easy drive to downtown Philadelphia, you couldn’t ask for a better location. This house would be a great candidate for many grants as well. Don’t wait, schedule a showing today and start off 2024 strong!

Last Agent to Sell the Property

Brendan Markle

(267) 393-0300 bmark123@gmail.com Opus Elite Real Estate Listed on: 01/04/2024

Opus Elite Real Estate

Last Buyer's Agent

Asa Kurland

(443) 690-7684 asa@mccannteam.com KW Empower License #RS349157

KW Empower

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,135

Year Built

  • Built in 1900

Lot Details

  • 1,826 Sq Ft Lot
  • Lot Dimensions are 20.00 x 91.00
  • Property is zoned RSA5

Home Design

  • Masonry

Interior Spaces

  • 900 Sq Ft Home
  • Property has 2 Levels
  • Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number 592020000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,135

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-01-04
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Total Sq Ft: 900
  • Living Area Sq Ft: 900
  • Price Per Sq Ft: 172.22
  • Above Grade Finished Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

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

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • 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
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 20.00 x 91.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1826.00
  • Zoning: RSA5

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • School Tax: 622.00
  • Tax Annual Amount: 1135.00
  • Assessor Parcel Number: 592020000
  • Tax Lot: 86
  • 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
Jan 4, 2024
Closed on
May 6, 2024
Sold by
Montgomery Jennifer
Bought by
Watson Rasheme
Seller's Agent
Brendan Markle
Opus Elite Real Estate
Buyer's Agent
Asa Kurland
KW Empower
List Price
$160,000
Sold Price
$150,000
Premium/Discount to List
-$10,000
-6.25%
Views
131
Current Estimated Value
$140,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,666
Avg. Annual Appreciation
-4.43%
Original Mortgage
$147,283
Outstanding Balance
$71,839
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
$68,495

Purchase Details

Listed on
Oct 18, 2021
Closed on
Apr 14, 2022
Sold by
Indus Llc
Bought by
Montgomery Jennifer
Seller's Agent
Stacie Cao
Prinxess Realty
Buyer's Agent
Brendan Markle
Opus Elite Real Estate
List Price
$135,090
Sold Price
$135,000
Premium/Discount to List
-$90
-0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%
Original Mortgage
$114,750
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2017
Sold by
Nationstar Mortgage Llc
Bought by
Indus Llc

Purchase Details

Closed on
Dec 15, 2006
Sold by
Frolof Irina
Bought by
Katsman Gene and Lerner Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2004
Sold by
Bowser Rosalind Candy and Bowser Anthony
Bought by
Frolof Irina

Purchase Details

Closed on
Dec 4, 1997
Sold by
Bryant Jimmy Allen and Bryant Rosalind Candy
Bought by
Bowser Anthony and Bowser Rosalind Candy
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
Watson Rasheme $150,000 World Wide Land Transfer
Montgomery Jennifer $135,000 None Listed On Document
Indus Llc $34,500 None Available
Katsman Gene $72,500 Lawyers Title Insurance Corp
Frolof Irina $10,166 --
Bowser Anthony -- Security Search & Abstract C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Rasheme $147,283
Closed Watson Rasheme $147,283
Previous Owner Montgomery Jennifer $114,750
Previous Owner Katsman Gene $58,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2024 05/10/24 Sold $150,000 -3.2% $167 / Sq Ft
02/28/2024 02/28/24 Price Changed $155,000 -3.1% $172 / Sq Ft
01/04/2024 01/04/24 For Sale $160,000 0.0% $178 / Sq Ft
02/08/2023 02/08/23 Rented $1,250 0.0% --
01/30/2023 01/30/23 Price Changed $1,250 -3.8% $1 / Sq Ft
12/16/2022 12/16/22 For Rent $1,300 0.0% --
04/18/2022 04/18/22 Sold $135,000 -0.1% $150 / Sq Ft View Prior Sale
10/18/2021 10/18/21 For Sale $135,090 -- $150 / 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
2025 $1,480 $142,400 $28,480 $113,920
2024 $1,480 $142,400 $28,480 $113,920
2023 $1,480 $105,700 $21,140 $84,560
2022 $1,135 $105,700 $21,140 $84,560
2021 $1,135 $0 $0 $0
2020 $1,135 $0 $0 $0
2019 $1,186 $0 $0 $0
2018 $1,186 $0 $0 $0
2017 $1,186 $0 $0 $0
2016 $1,186 $0 $0 $0
2015 $1,135 $0 $0 $0
2014 -- $84,700 $11,321 $73,379
2012 -- $3,456 $834 $2,622
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2308288

Bright MLS

APN: 592020000