NOT LISTED FOR SALE

Estimated Value: $106,000 - $897,774

-- Bed
6 Baths
3,600 Sq Ft
$168/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $820,000 $228 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $3,336/month

Highlights

  • Contemporary Architecture
  • Forced Air Heating and Cooling System
  • 3-minute walk to Mifflin Square Park

About This Home

As of June 2022

Here is one of the RARE opportunity to buy Stunningly Constructed side by side 2 Years NEW construction duplex ( 2 family ) multi family will bring energy to the market . This multi family consists almost two amazing single family home which has separate entrance, utilities. Each home is 1850 sqft and features 3 beds, 3 baths full finish basement and 360-degree rooftop deck. Both units can be rented around $2500 and may be generating $ 5000 monthly. It would be close to 7% cap rate which is over accepted market . Open the door to find a contemporary open floor plan with endless natural light, complemented by beautiful contrasting hardwood floors and recessed lighting. The modern kitchen has Stainless Appliances, soft close Shaker-style cabinetry, and solid stone counters. Follow the stairwell to the 2nd floor which has 2 spacious bedrooms and a full bath. The 3rd-floor master suite is a peaceful haven for the owners with a full bath featuring beautiful double sink vanity and large standing shower. The roof deck has picturesque views and is perfect for entertaining friends and family. To round out this gorgeous home is a finished basement and a full bath! This multi family would be great investment and money machine by collecting decent amount of rent from strong tenant and almost zero maintenance. The area is one of the desirable area for rental by being close the shopping centers, transportation as well well high ways. The product is top of the line, the neighborhood is great, the predicted income is sufficient for returning your investment quick. Full 10 Years tax abatement is approved. Please call the agent for more information

Last Agent to Sell the Property

Gazi Ataseven

(267) 774-6886 gztsvn@gmail.com HomeSmart Realty Advisors License #RM426020 Listed on: 04/20/2022

HomeSmart Realty Advisors

Last Buyer's Agent

Capri Dessecker

(215) 266-5557 Capri@capricloses.com RE/MAX One Realty - TCDT License #RS284356

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $748

Year Built

  • Built in 2020

Lot Details

  • 992 Sq Ft Lot
  • Lot Dimensions are 16.00 x 62.00

Home Design

  • Duplex
  • Contemporary Architecture
  • Brick Exterior Construction
  • Aluminum Siding
  • Concrete Perimeter Foundation

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 392161600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$748

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2020
  • Special Features: None

Interior Features

  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 3600
  • Living Area Sq Ft: 3600
  • Price Per Sq Ft: 303.57
  • Above Grade Finished Sq Ft: 2800
  • Below Grade Finished Sq Ft: 800
  • Total Below Grade Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Aluminum Siding
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Assessed Value: 53500.00
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16.00 x 62.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 992.00
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1141811
  • School Tax: 410.00
  • Tax Annual Amount: 748.00
  • Assessor Parcel Number: 392161600
  • Tax Lot: 39
  • 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
Apr 20, 2022
Closed on
Jun 10, 2022
Sold by
And Construction Llc
Bought by
Nguyen An
Seller's Agent
Gazi Ataseven
HomeSmart Realty Advisors
Buyer's Agent
Capri Dessecker
RE/MAX One Realty - TCDT
List Price
$874,900
Sold Price
$820,000
Premium/Discount to List
-$54,900
-6.28%
Current Estimated Value
$603,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$216,306
Avg. Annual Appreciation
-8.64%

Purchase Details

Listed on
Feb 20, 2017
Closed on
Jun 28, 2017
Sold by
Weng Yan Ling
Bought by
Construction Llc
Seller's Agent
George Chavanne
Long & Foster Real Estate, Inc.
Buyer's Agent
George Chavanne
Long & Foster Real Estate, Inc.
List Price
$95,000
Sold Price
$82,500
Premium/Discount to List
-$12,500
-13.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.03%

Purchase Details

Closed on
Feb 8, 2017
Sold by
Yeh William
Bought by
Weng Yan Ling

Purchase Details

Closed on
Oct 29, 2008
Sold by
Lamah Michael and Kabbout Manal Al
Bought by
Yeh William

Purchase Details

Closed on
Apr 27, 2007
Sold by
Funari Marie Barbella and Friedman Liza Nicole
Bought by
Lamah Michael and Kabbout Manal Al
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
Nguyen An $820,000 One Abstract Services
Construction Llc $82,500 Core Abstract
Weng Yan Ling $50,000 Allstate Abstract Inc
Yeh William $42,000 None Available
Lamah Michael $45,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2022 06/10/22 Sold $820,000 -3.5% $228 / Sq Ft
05/09/2022 05/09/22 Price Changed $850,000 -2.8% $236 / Sq Ft
04/20/2022 04/20/22 For Sale $874,900 +960.5% $243 / Sq Ft
06/28/2017 06/28/17 Sold $82,500 -8.3% -- View Prior Sale
03/31/2017 03/31/17 Price Changed $90,000 -2.2% --
03/05/2017 03/05/17 Price Changed $92,000 -3.2% --
02/20/2017 02/20/17 For Sale $95,000 -- --
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 $1,933 $641,400 $128,280 $513,120
2025 $1,933 $641,400 $128,280 $513,120
2024 $1,933 $641,400 $128,280 $513,120
2023 $9,667 $690,600 $138,120 $552,480
2022 $749 $690,600 $138,120 $552,480
2021 $749 $0 $0 $0
2020 $749 $0 $0 $0
2019 $749 $0 $0 $0
2018 $749 $0 $0 $0
2017 $749 $0 $0 $0
2016 $206 $0 $0 $0
2015 $1,436 $0 $0 $0
2014 -- $14,700 $14,700 $0
2012 -- $1,600 $1,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2106924

Bright MLS

APN: 392161600