NOT LISTED FOR SALE

4027 Balwynne Park Rd Philadelphia, PA 19131

Wynnefield Heights Neighborhood

Estimated Value: $293,108 - $325,000

-- Bed
2 Baths
1,828 Sq Ft
$171/Sq Ft Est. Value

Last Sold July 26, 2022

Last sale price $255,000 $139 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,882/month

Highlights

  • Contemporary Architecture
  • 2 Car Direct Access Garage
  • Forced Air Heating System

About This Home

As of July 2022

Cash cow investment opportunity. Large, legally zoned 2+2 duplex on a block that's close to everything. Separate utilities. Good sized living rooms and bedrooms. Convenient laundry set up on-premises for each unit with separate unit storage. Each unit has a living room, dining area, a kitchen, two bedrooms, a full bathroom, and their use of the garage and rear parking. Updated heaters ready for central air. The basement is also large and provides additional storage. Walk to shopping, schools, and public transportation. Minutes from City Ave., Rt 1, and I76. Immediate possession. Incredible rental for your portfolio and in this pocket they sell fast! Both units are occupied on month-to-month leases. With low inventory and rising interest rates don't miss this one. The asking price reflects the cosmetics and other items needed on the property. This is an AS-IS sale. This is also a virtual sale and there are no in-person showings. Access will be available for inspections and appraisals. Please see the detailed virtual tour for bidding.

Last Agent to Sell the Property

Robert Wolf

Re/Max One Realty License #AB065938 Listed on: 05/23/2022

Re/Max One Realty

Last Buyer's Agent

Francisco Michaud

Realty Mark Associates-CC License #RS342767

Realty Mark Associates-CC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,910

Year Built

  • Built in 1958

Lot Details

  • 2,160 Sq Ft Lot
  • Lot Dimensions are 20.00 x 108.00
  • Property is in average condition

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces
  • 4 Off-Street Spaces
  • On-Street Parking

Home Design

  • Duplex
  • Contemporary Architecture
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 1,828 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units
  • 2-Story Building

Listing and Financial Details

  • Tax Lot 3073
  • Assessor Parcel Number 521403400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,910

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1958
  • Automatically Close On Close Date: No
  • Remarks Public: Cash cow investment opportunity. Large, legally zoned 2+2 duplex on a block that's close to everything. Separate utilities. Good sized living rooms and bedrooms. Convenient laundry set up on-premises for each unit with separate unit storage. Each unit has a living room, dining area, a kitchen, two bedrooms, a full bathroom, and their use of the garage and rear parking. Updated heaters ready for central air. The basement is also large and provides additional storage. Walk to shopping, schools, and public transportation. Minutes from City Ave., Rt 1, and I76. Immediate possession. Incredible rental for your portfolio and in this pocket they sell fast! Both units are occupied on month-to-month leases. With low inventory and rising interest rates don't miss this one. The asking price reflects the cosmetics and other items needed on the property. This is an AS-IS sale. This is also a virtual sale and there are no in-person showings. Access will be available for inspections and appraisals. Please see the detailed virtual tour for bidding.
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1828
  • Living Area Sq Ft: 1828
  • Price Per Sq Ft: 150.38
  • Above Grade Finished Sq Ft: 1828
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4027

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Built In, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway, Off Street, On Street
  • Number of Spaces in Driveway: 2
  • Off Street Parking Spaces: 4

Utilities

  • Refuse: 400.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: Fuses
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone, Natural Gas Available
  • Water Source: Public
  • Municipal Trash: Yes

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: 176715.00
  • Land Assessed Value: 31185.00
  • Land Use Code: W30
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20.00 x 108.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2160.00
  • Property Condition: Average
  • Year Assessed: 2022
  • Zoning: RM1

Rental Info

  • Existing Lease Type: Month To Month
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1258773
  • School Tax: 1596.00
  • Tax Annual Amount: 2910.00
  • Assessor Parcel Number: 521403400
  • Tax Lot: 3073
  • Tax Total Finished Sq Ft: 1828
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 07/26/2022

Multi Family

  • Gross Income: 21900.00
  • 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
May 23, 2022
Closed on
Jul 26, 2022
Sold by
Herzig Jack J
Bought by
Babalola Ayodeji
Seller's Agent
Robert Wolf
Re/Max One Realty
Buyer's Agent
Francisco Michaud
Realty Mark Associates-CC
List Price
$274,900
Sold Price
$255,000
Premium/Discount to List
-$19,900
-7.24%
Current Estimated Value
$311,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,703
Avg. Annual Appreciation
4.99%
Original Mortgage
$191,250
Outstanding Balance
$184,301
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$112,784

Purchase Details

Closed on
Aug 17, 1984
Bought by
Herzic Adam and Herzic Ann H
Source: Public Records

Range of Values:

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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
Babalola Ayodeji $255,000 Core Abstract
Herzic Adam $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babalola Ayodeji $191,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2022 07/26/22 Sold $255,000 -7.2% $139 / Sq Ft
06/14/2022 06/14/22 For Sale $274,900 +7.8% $150 / Sq Ft
06/02/2022 06/02/22 Off Market $255,000 -- --
05/23/2022 05/23/22 For Sale $274,900 -- $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 $2,647 $289,300 $57,860 $231,440
2024 $2,647 $289,300 $57,860 $231,440
2023 $2,647 $189,100 $37,800 $151,300
2022 $2,910 $189,100 $37,800 $151,300
2021 $2,910 $0 $0 $0
2020 $2,910 $0 $0 $0
2019 $2,801 $0 $0 $0
2018 $2,801 $0 $0 $0
2017 $2,801 $0 $0 $0
2016 $2,801 $0 $0 $0
2015 $2,681 $0 $0 $0
2014 -- $200,100 $19,096 $181,004
2012 -- $26,336 $2,308 $24,028
Source: Public Records

Agents Affiliated with this Home

  • Robert Wolf

    Seller's Agent in 2022

    Robert Wolf

    RE/MAX

    (215) 694-9728

    1 in this area

    136 Total Sales

    Robert Wolf
    Section Image
  • Francisco Michaud

    Buyer's Agent in 2022

    Francisco Michaud

    Realty Mark Associates-CC

    (267) 250-8489

    2 in this area

    202 Total Sales

    Francisco Michaud
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2115904

Bright MLS

APN: 521403400

Pennsylvania Philadelphia County Philadelphia 19131 Wynnefield Heights

4027 Balwynne Park Rd, Philadelphia, PA

This home is located at 4027 Balwynne Park Rd, Philadelphia, PA 19131 since 23 May 2022 and is currently estimated at $311,703, approximately $170 per square foot. This property was built in 1958. 4027 Balwynne Park Rd is a home located in Philadelphia County with nearby schools including Rudolph Blankenburg School, Overbrook High School, and Mastery Charter School Mann Elementary.

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