Seller's Agent in 2021
Richard Cassell
KW Empower
(215) 627-3500
8 in this area
181 Total Sales
3639 Old York Rd Philadelphia, PA 19140
Franklinville NeighborhoodEstimated Value: $302,000 - $331,000
--
Bed
2
Baths
1,650
Sq Ft
$194/Sq Ft
Est. Value
Highlights
- Gourmet Kitchen
- 4-minute walk to Erie
- Wood Flooring
- 0.04 Acre Lot
- Open Floorplan
- 2-minute walk to Williams Moore Reed Memorial Park
About This Home
As of April 2021Remarkably maintained turnkey duplex in Philly's tax advantgeuos QOZ. This property was rehabbed in 2016 right now with high-end features including ceiling fans, stainless steel kitchen, tile and wood flooring, central air, in unit washer dryer and recessed lights. Tenants pay for all utilities except for water, the first floor unit has access to the extremely large backyard and the basement is front loading for shared access. Opportunity to construct a basement level unit by digging an egress in the rear yard. Second Floor unit has vacated and was previously paying $1200 per month, while the first floor tenant has just renewed for another year paying $1200 a month. The lot next-door is going up for sheriff sale and the area is changing rapidly. You were close by to the park and the future site of a boutique hotel behind the checkers restaurant. This can make for a great addition to your rental portfolio in the ever developing north Philly sector or a no brainer 1031 exchange purchase with the upside of creating a QOZ fund to maximize the tax benefit! Seller is willing to lease the unit during the contract period.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $158
Year Built
- Built in 1920
Lot Details
- 1,597 Sq Ft Lot
- Lot Dimensions are 15.00 x 106.47
- Back Yard
Parking
- On-Street Parking
Home Design
- Duplex
- Bi-Level Home
- Bump-Outs
- Masonry
Interior Spaces
- Open Floorplan
- Ceiling Fan
- Recessed Lighting
- Bay Window
- Combination Dining and Living Room
- Wood Flooring
- Exterior Cameras
- Stacked Washer and Dryer
Kitchen
- Gourmet Kitchen
- Breakfast Area or Nook
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- Main Floor Bedroom
- Bathtub with Shower
Basement
- Basement Fills Entire Space Under The House
- Partial Basement
Outdoor Features
- Exterior Lighting
Schools
- Mary Bethune Elementary And Middle School
- Simon Gratz High School
Utilities
- Central Heating and Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- The owner pays for water
- Tax Lot 45
- Assessor Parcel Number 432159200
Community Details
Overview
- No Home Owners Association
- 2 Units
- 2-Story Building
- Hunting Park Subdivision
Building Details
- 1 Vacant Unit
- Insurance Expense $1,200
- Operating Expense $1,046
- Net Operating Income $26,454
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 8, 2021
Closed on
Mar 18, 2021
Sold by
Tnt Redevelopment Llc
Bought by
Constant Kasseem
Seller's Agent
Richard Cassell
KW Empower
Buyer's Agent
Kerron Warrick
KW Philly
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,579
Avg. Annual Appreciation
0.50%
Original Mortgage
$270,019
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 30, 2005
Sold by
Lapaz Carmen J
Bought by
Peralta Yvelicce
Purchase Details
Closed on
Jan 21, 2005
Sold by
Harris Delores Majorie Shepard
Bought by
Lapaz Carmen J
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Constant Kasseem | $275,000 | Great American Abstract Llc | |
| Peralta Yvelicce | $5,000 | None Available | |
| Lapaz Carmen J | $1,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Constant Kasseem | $20,333 | |
| Closed | Constant Kasseem | $15,933 | |
| Closed | Constant Kasseem | $16,440 | |
| Closed | Constant Kasseem | $24,189 | |
| Previous Owner | Constant Kasseem | $270,019 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/22/2021 04/22/21 | Sold | $275,000 | 0.0% | $167 / Sq Ft |
| 02/22/2021 02/22/21 | Pending | -- | -- | -- |
| 01/08/2021 01/08/21 | For Sale | $275,000 | -- | $167 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $326 | $308,400 | $61,680 | $246,720 |
| 2024 | $326 | $308,400 | $61,680 | $246,720 |
| 2023 | $326 | $23,300 | $4,660 | $18,640 |
| 2022 | $158 | $23,300 | $4,660 | $18,640 |
| 2021 | $158 | $0 | $0 | $0 |
| 2020 | $158 | $11,300 | $4,587 | $6,713 |
| 2019 | $209 | $0 | $0 | $0 |
| 2018 | $507 | $0 | $0 | $0 |
| 2017 | $507 | $0 | $0 | $0 |
| 2016 | $507 | $0 | $0 | $0 |
| 2015 | $485 | $0 | $0 | $0 |
| 2014 | -- | $36,200 | $5,909 | $30,291 |
| 2012 | -- | $2,880 | $1,152 | $1,728 |
Source: Public Records
Agents Affiliated with this Home
-
-
K
Buyer's Agent in 2021
Kerron Warrick
KW Philly
(267) 700-5001
1 in this area
7 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH977170
APN: 432159200
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