NOT LISTED FOR SALE

401 E Pleasant St Philadelphia, PA 19119

East Mount Airy Neighborhood
-- Bed
1 Bath
1,600 Sq Ft
3,040 Sq Ft Lot

Last Sold June 08, 2023

Last sale price $375,000 $234 Per Sq Ft

30 Days on Market

About This Home

As of June 2023

This renovated duplex is located in East Mt Airy, just minutes from Chestnut Hill, Germantown, Cedarbrook, and the Septa Rail to Center City. Both units are over 800 sq ft and include 2 bedrooms, and 1 bath, and both units were fully renovated in 2020. The upgrades include a unit washer & dryer, hardwood flooring, recessed lighting, windows, and updated kitchens & bathrooms. The basement has high ceilings and a rear entrance door and could easily be built out as a 3rd unit with city approvals. The basement is currently being parged and painted and the spring landscaping is being done. This is a terrific property to add to your portfolio or you can live in one unit and rent the other one.

Last Agent to Sell the Property

Matthew Aragona

(610) 745-3211 matt.aragona@compass.com Compass RE License #2293844 Listed on: 04/04/2023

Compass RE

Co-Listed By

Jim Israel

(215) 828-4219 jim.israel@wheelhousephilly.com Compass RE License #2549478

Last Buyer's Agent

Martin Williams

(215) 806-6056 martin@centercitylistings.com KW Empower

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,351

Year Built

  • Built in 1940

Lot Details

  • 3,040 Sq Ft Lot
  • Lot Dimensions are 29.00 x 106.00

Home Design

  • 1,600 Sq Ft Home
  • Duplex
  • Masonry

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 362
  • Assessor Parcel Number 222076100

Community Details

Overview

  • 2 Units
  • 2-Story Building

Building Details

  • 1 Vacant Unit
  • Net Operating Income $6,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,351

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2023-04-06
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Remarks Public: This renovated duplex is located in East Mt Airy, just minutes from Chestnut Hill, Germantown, Cedarbrook, and the Septa Rail to Center City. Both units are over 800 sq ft and include 2 bedrooms, and 1 bath, and both units were fully renovated in 2020. The upgrades include a unit washer & dryer, hardwood flooring, recessed lighting, windows, and updated kitchens & bathrooms. The basement has high ceilings and a rear entrance door and could easily be built out as a 3rd unit with city approvals. The basement is currently being parged and painted and the spring landscaping is being done. This is a terrific property to add to your portfolio or you can live in one unit and rent the other one.
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 243.75
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 401

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
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Water Available, Electric Available
  • Monthly Water Average: 90
  • Water Previous Twelve Months: 1080.00
  • Water Source: Public

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 191520.00
  • Land Assessed Value: 47880.00
  • Land Use Code: U30
  • Lot Size Acres: 0.07
  • Lot Dimensions: 29.00 x 106.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3040.00
  • Year Assessed: 2023
  • Zoning: RSA5

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: Water
  • Rent Control: No
  • Total Actual Rent: 3000.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1014456
  • School Tax: 1838.00
  • Tax Annual Amount: 3351.00
  • Assessor Parcel Number: 222076100
  • Tax Lot: 362
  • Tax Total Finished Sq Ft: 1600
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/08/2023

Multi Family

  • Number Of Units Vacant: 1
  • Gross Income: 36000.00
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2023
Closed on
Jun 5, 2023
Sold by
Lam Daniela
Bought by
Scott Megan
Seller's Agent
Matthew Aragona
Compass RE
Buyer's Agent
Martin Williams
KW Empower
List Price
$390,000
Sold Price
$375,000
Premium/Discount to List
-$15,000
-3.85%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.69%
Original Mortgage
$281,250
Outstanding Balance
$275,205
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$123,296

Purchase Details

Closed on
Mar 19, 2021
Sold by
401 Pleasant St Llc
Bought by
Lo Tatiana Lam and Nguyen Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2020
Sold by
Quarterman Mary J and Quarterman Marilyn
Bought by
401 Pleasant St Llc

Purchase Details

Closed on
Aug 19, 1956
Bought by
Quarterman Lyman A and Quarterman Mary
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

Property History

Date Event Price Change Sq Ft Price
06/08/2023 06/08/23 Sold $375,000 -3.8% $234 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
04/04/2023 04/04/23 For Sale $390,000 -- $244 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Matthew Aragona

    Seller's Agent in 2023

    Matthew Aragona

    Compass RE

    (610) 745-3211

    5 in this area

    332 Total Sales

    Matthew Aragona
    Section Image
  • Jim Israel

    Seller Co-Listing Agent in 2023

    Jim Israel

    Compass RE

    (215) 828-4219

    1 in this area

    121 Total Sales

    Jim Israel
    Section Image
  • Martin Williams

    Buyer's Agent in 2023

    Martin Williams

    KW Empower

    (215) 806-6056

    1 in this area

    39 Total Sales

    Martin Williams
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2218146

Bright MLS
Pennsylvania Philadelphia County Philadelphia 19119 East Mount Airy

401 E Pleasant St, Philadelphia, PA

This home is located at 401 E Pleasant St, Philadelphia, PA 19119 since 04 April 2023. This property was built in 1940. 401 E Pleasant St is a home located in Philadelphia County with nearby schools including Eleanor C. Emlen School, Martin Luther King High School, and Jesus Is the Way Christian Academy.

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