NOT LISTED FOR SALE

Estimated Value: $232,000 - $245,000

-- Bed
2 Baths
1,800 Sq Ft
$133/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $234,000 $130 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,844/month

17 Days on Market

Highlights

  • Colonial Architecture
  • 4-minute walk to Erie
  • Forced Air Heating and Cooling System
  • Ceramic Tile Flooring

About This Home

As of May 2024

The City of Philadelphia has completed a real estate tax reassessment, effective January 1, 2023. If you haveany questions or concerns about the impact of this reassessment on future real estate taxes, please contactthe City of Philadelphia. Listing agent- Christine Virata and Exp Realty, LLC are not involved in the City ofPhiladelphia’s tax reassessment and do not have any control over the results. Excellent investment propertylocated in the Health Sciences Campus of Temple University close to Temple Hospital and Temple MedicalSchool. This is an amazing opportunity for the savvy investor seeking to generate cash flow and appreciation.This property is conveniently located on public transportation and multiple bus lines. This duplex propertyoffers 2 - 2 bedroom, 1 bathroom units. Both units are currently rented. The tenant is responsible forelectricity and the owner pays for water. Both units have washer/dryers. The kitchens have upper and lower woodcabinets and granite countertops with ceramic tile flooring. There is hardwood flooring throughout the unit. Thebedrooms are quite spacious and each unit has plenty of windows resulting in positive natural light. The firstfloor accepts Section 8 Vouchers. Roof Warranty transferable to the new owner- 20 years. Lastly, theproperty boasts an unfinished basement and a spacious backyard perfect for summer barbecues presentingan opportunity for further expansion/renovation or customization and design of space. Property being sold As-Is. Listing agent is related to the Seller. Seller will be doing a 1031 exchange.

Last Agent to Sell the Property

Christina Virata

EXP Realty, LLC License #RS288282 Listed on: 02/14/2024

Last Buyer's Agent

Anthony Johnson

RE/MAX Access License #RS152895A

RE/MAX Access

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,339

Year Built

  • Built in 1925

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20.00 x 100.00
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Flat Roof Shape
  • Brick Foundation
  • Masonry

Interior Spaces

  • 1,800 Sq Ft Home
  • Ceramic Tile Flooring
  • Unfinished Basement

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for water, management, real estate taxes, common area maintenance
  • Tax Lot 69
  • Assessor Parcel Number 112170600

Community Details

Overview

  • 2 Units
  • Nicetown Tioga Subdivision

Building Details

  • Insurance Expense $1,677
  • Manager Expense $3,195
  • Gross Income $18,776
  • Net Operating Income $9,666

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,339

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Remarks Public: The City of Philadelphia has completed a real estate tax reassessment, effective January 1, 2023. If you have any questions or concerns about the impact of this reassessment on future real estate taxes, please contact the City of Philadelphia. Listing agent- Christine Virata and Exp Realty, LLC are not involved in the City of Philadelphia’s tax reassessment and do not have any control over the results. Excellent investment property located in the Health Sciences Campus of Temple University close to Temple Hospital and Temple Medical School. This is an amazing opportunity for the savvy investor seeking to generate cash flow and appreciation. This property is conveniently located on public transportation and multiple bus lines. This duplex property offers 2 - 2 bedroom, 1 bathroom units. Both units are currently rented. The tenant is responsible for electricity and the owner pays for water. Both units have washer/dryers. The kitchens have upper and lower wood cabinets and granite countertops with ceramic tile flooring. There is hardwood flooring throughout the unit. The bedrooms are quite spacious and each unit has plenty of windows resulting in positive natural light. The first floor accepts Section 8 Vouchers. Roof Warranty transferable to the new owner- 20 years. Lastly, the property boasts an unfinished basement and a spacious backyard perfect for summer barbecues presenting an opportunity for further expansion/renovation or customization and design of space. Property being sold As-Is. Listing agent is related to the Seller. Seller will be doing a 1031 exchange.
  • Special Features: None

Interior Features

  • Flooring Type: Ceramic Tile
  • Fireplace: No
  • Wall Ceiling Types: Masonry
  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 133.33
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3525

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Roof: Flat
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Professional Management Expense: 3194.63

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: N30
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2000.00
  • Property Condition: Good
  • Year Assessed: 2023
  • Zoning: RSA5

Rental Info

  • Existing Lease Type: Long Term
  • Ground Rent Exists: No
  • Owner Pays: Water, Management, Taxes - Real Estate, Common Area Maintenance
  • Total Actual Rent: 18776.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 3534.00
  • Tax Annual Amount: 4339.38
  • Assessor Parcel Number: 112170600
  • Tax Lot: 69
  • Tax Total Finished Sq Ft: 1800
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/31/2024

Multi Family

  • Gross Scheduled Income: 18776.00

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
Apr 17, 2024
Sold by
Roldan Araceli P and Virata Christine
Bought by
Harris John D
Seller's Agent
Christina Virata
EXP Realty, LLC
Buyer's Agent
Anthony Johnson
RE/MAX Access
List Price
$264,000
Sold Price
$234,000
Premium/Discount to List
-$30,000
-11.36%
Views
22
Current Estimated Value
$239,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,931
Avg. Annual Appreciation
1.82%
Original Mortgage
$215,280
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 2, 2017
Closed on
Mar 24, 2017
Sold by
White Elise M
Bought by
Roldan Jaan M and Virata Christine
Seller's Agent
Frank Altamuro
Coldwell Banker Realty
Buyer's Agent
Christina Virata
EXP Realty, LLC
List Price
$154,900
Sold Price
$154,000
Premium/Discount to List
-$900
-0.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$151,210
Interest Rate
4.16%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 2009
Sold by
M-Kor Properties Llc
Bought by
White Elise M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 3, 2006
Sold by
Mimms Brenda C
Bought by
M Kor Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
18%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Harris John D $234,000 None Listed On Document
Roldan Jaan M $154,000 None Available
White Elise M $150,000 Commonwealth Land Title Insu
M Kor Properties Llc $45,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harris John D $215,280
Previous Owner Roldan Araceli P $51,000
Previous Owner Roldan Araceli P $6,496
Previous Owner Roldan Jaan M $151,210
Previous Owner White Elise M $147,250
Previous Owner M Kor Properties Llc $120,000
Previous Owner M Kor Properties Llc $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $234,000 -2.5% $130 / Sq Ft
02/22/2024 02/22/24 Price Changed $240,000 -9.1% $133 / Sq Ft
02/14/2024 02/14/24 For Sale $264,000 0.0% $147 / Sq Ft
05/01/2022 05/01/22 Rented $1,095 -8.4% --
04/25/2022 04/25/22 Under Contract -- -- --
03/23/2022 03/23/22 For Rent $1,195 0.0% --
03/24/2017 03/24/17 Sold $154,000 -0.6% $86 / Sq Ft
01/19/2017 01/19/17 Pending -- -- --
01/02/2017 01/02/17 For Sale $154,900 -- $86 / 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 $6,442 $248,400 $49,600 $198,800
2024 $6,442 $248,400 $49,600 $198,800
2023 $6,442 $460,200 $92,040 $368,160
2022 $1,260 $415,200 $92,040 $323,160
2021 $1,890 $0 $0 $0
2020 $1,890 $0 $0 $0
2019 $1,827 $0 $0 $0
2018 $1,489 $0 $0 $0
2017 $1,489 $0 $0 $0
2016 $1,489 $0 $0 $0
2015 $1,426 $0 $0 $0
2014 -- $106,400 $9,244 $97,156
2012 -- $7,040 $2,407 $4,633
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2322116

Bright MLS

APN: 112170600