NOT LISTED FOR SALE

4074 Balwynne Park Rd Philadelphia, PA 19131

Wynnefield Heights Neighborhood

Estimated Value: $298,587 - $340,000

-- Bed
2 Baths
1,828 Sq Ft
$176/Sq Ft Est. Value

Last Sold November 17, 2021

Last sale price $270,000 $148 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,953/month

4 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • 2 Car Attached Garage
  • Traditional Architecture
  • Skylights
  • Combination Dining and Living Room

About This Home

As of November 2021

Have YOU been looking for your next Income Producing Property? Want to Add to your Rental Portfolio, OR Live in One and Rent the Other, and Break In to the Real Estate Game? Then 4074 Balwynne Park Road could be the one for You! Occupied Duplex with One-Year Leases up to December 31st 2021. Welcome to a Great Investment Opportunity in Good Condition! 4074 Balwynne Park Road is built in a neighborhood of Original Duplex designs, 2-bedrooms each in both apartments. There is a basement 2-car Garage in back with room for 2 more cars in the driveway. Basement is Large for Mechanicals, Storage and Laundry. Separate Electric and Gas, Separate Hot Water and Separate Heaters. One of the Heaters is newer than One Year Old! Both Well-Maintained units have Original Kitchens, Great Condition Bathrooms and Tile, Two Good Bedrooms, and Harwood Flooring. Upstairs unit also has a Skylight in the Bathroom and a small Balcony in the Living Room. The Tenants in the Upper and First Floor Units are family to each other, and the Upper Unit has lived there for Four Years. Both Tenants would like to stay and keep paying rent to YOU, the New Owner! Sellers have owned and maintained the property for over 40 years and are Ready for a great New Owner to take over. Current rents on Both Units at 4074 Balwynne Park Road are below market for the area, $1000 and $975 per month, and both leases will convert to Month-To-Month in January 2022. Rentals of the same space nearby are $1,200, $1,300, $1,400 and more, so come Cash In on the Upside! What are you waiting for!? Stop just STARING at your Phone, Call and Make Your Appointment Today!

Last Agent to Sell the Property

Mark Turner

Century 21 Advantage Gold-South Philadelphia License #RS314503 Listed on: 10/08/2021

Century 21 Advantage Gold-South Philadelphia

Last Buyer's Agent

ANDREW SUTTON

KW Empower

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,910

Year Built

  • Built in 1958

Lot Details

  • 2,580 Sq Ft Lot
  • Lot Dimensions are 20.00 x 129.00
  • Property is in good condition

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Basement Garage
  • Rear-Facing Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Block Foundation
  • Masonry

Interior Spaces

  • 1,828 Sq Ft Home
  • Open Floorplan
  • Skylights
  • Combination Dining and Living Room

Flooring

  • Wood
  • Tile or Brick

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water, trash collection
  • Tax Lot 68
  • Assessor Parcel Number 521401400

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: Traditional
  • Ownership: Fee Simple
  • Exclusions: All Tenants' personal property and belongings.
  • Inclusions: All contents that are owned by the sellers.
  • New Construction: No
  • Expected On Market: 2021-10-08
  • Year Built: 1958
  • Automatically Close On Close Date: No
  • Remarks Public: Have YOU been looking for your next Income Producing Property? Want to Add to your Rental Portfolio, OR Live in One and Rent the Other, and Break In to the Real Estate Game? Then 4074 Balwynne Park Road could be the one for You! Occupied Duplex with One-Year Leases up to December 31st 2021. Welcome to a Great Investment Opportunity in Good Condition! 4074 Balwynne Park Road is built in a neighborhood of Original Duplex designs, 2-bedrooms each in both apartments. There is a basement 2-car Garage in back with room for 2 more cars in the driveway. Basement is Large for Mechanicals, Storage and Laundry. Separate Electric and Gas, Separate Hot Water and Separate Heaters. One of the Heaters is newer than One Year Old! Both Well-Maintained units have Original Kitchens, Great Condition Bathrooms and Tile, Two Good Bedrooms, and Harwood Flooring. Upstairs unit also has a Skylight in the Bathroom and a small Balcony in the Living Room. The Tenants in the Upper and First Floor Units are family to each other, and the Upper Unit has lived there for Four Years. Both Tenants would like to stay and keep paying rent to YOU, the New Owner! Sellers have owned and maintained the property for over 40 years and are Ready for a great New Owner to take over. Current rents on Both Units at 4074 Balwynne Park Road are below market for the area, $1000 and $975 per month, and both leases will convert to Month-To-Month in January 2022. Rentals of the same space nearby are $1,200, $1,300, $1,400 and more, so come Cash In on the Upside! What are you waiting for!? Stop just STARING at your Phone, Call and Make Your Appointment Today!
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Combination Dining/Living, Flat, Floor Plan - Open, Skylight(s), Wood Floors
  • Foundation Details: Block
  • Total Sq Ft: 1828
  • Living Area Sq Ft: 1828
  • Price Per Sq Ft: 155.91
  • Above Grade Finished Sq Ft: 1828
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4074

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 Spaces: 2.00
  • Garage: Yes
  • Garage Features: Basement Garage, Garage - Rear Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • 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: 176715.00
  • Land Assessed Value: 31185.00
  • Land Use Code: W30
  • Lot Size Acres: 0.06
  • Lot Dimensions: 20.00 x 129.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2580.00
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: RM1

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Water, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 23700.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1258755
  • School Tax: 1597.00
  • Tax Annual Amount: 2910.00
  • Assessor Parcel Number: 521401400
  • Tax Lot: 68
  • Tax Total Finished Sq Ft: 1828
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 11/17/2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Nov 9, 2021
Sold by
Whelan Michael P
Bought by
Avalon Housing Llc
Seller's Agent
Mark Turner
Century 21 Advantage Gold-South Philadelphia
Buyer's Agent
ANDREW SUTTON
KW Empower
List Price
$285,000
Sold Price
$270,000
Premium/Discount to List
-$15,000
-5.26%
Current Estimated Value
$316,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,306
Avg. Annual Appreciation
4.11%

Purchase Details

Closed on
May 1, 1990
Bought by
Whelan Michael P and Rita Jean
Source: Public Records

Range of Values:

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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
Avalon Housing Llc $270,000 Go Abstract Services
Whelan Michael P -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $270,000 -5.3% $148 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $285,000 -- $156 / 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 $297,100 $59,420 $237,680
2024 $2,647 $297,100 $59,420 $237,680
2023 $2,647 $189,100 $37,800 $151,300
2022 $2,867 $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 $2,759 $0 $0 $0
2017 $2,801 $0 $0 $0
2016 $2,801 $0 $0 $0
2015 $2,681 $0 $0 $0
2014 -- $200,100 $22,809 $177,291
2012 -- $26,336 $2,604 $23,732
Source: Public Records

Agents Affiliated with this Home

  • Mark Turner

    Seller's Agent in 2021

    Mark Turner

    Century 21 Advantage Gold-South Philadelphia

    (267) 808-6103

    2 in this area

    109 Total Sales

    Section Image
  • ANDREW SUTTON

    Buyer's Agent in 2021

    ANDREW SUTTON

    KW Empower

    (215) 964-5500

    1 in this area

    75 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2036542

Bright MLS

APN: 521401400

Pennsylvania Philadelphia County Philadelphia 19131 Wynnefield Heights

4074 Balwynne Park Rd, Philadelphia, PA

This home is located at 4074 Balwynne Park Rd, Philadelphia, PA 19131 since 08 October 2021 and is currently estimated at $321,196, approximately $175 per square foot. This property was built in 1958. 4074 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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