NOT LISTED FOR SALE

411 W Jefferson St Philadelphia, PA 19122

Olde Kensington Neighborhood

Estimated Value: $295,000 - $388,000

-- Bed
2 Baths
1,356 Sq Ft
$256/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $242,000 $178 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,243/month

Highlights

  • No HOA
  • Heating System Uses Gas
  • 3-minute walk to Thomas Hart Park
  • En-Suite Primary Bedroom

About This Home

As of September 2018

411 W Jefferson is a rare property located in a very hot and desirable section of Old Kensington. This property has multiple uses being that it is a duplex. It is comprised of a 1st floor loft with private back yard space. The extra back yard space has a lot of potential for possibly future deeded parking, patio/deck and it is already eligible for Philly Water Departments Raincheck discount program. The top floor is a recently renovated 2 bed 1 bath with a nice kitchen, massive master bedroom and new glass tile in the bathroom along with a rainfall shower head and exposed bricks and beams. This property is perfect for a first time home buyer or an investor. If you are an investor buy and hold this property with instant cash flow as the bottom unit loft is rented for $750/month and the top currently rented for $1250/month. For a first time homebuyer you can offset the mortgage utilizing the cash flow coming in from the bottom unit. Regardless, this is a property worth owning for its multitude of uses, location and profitability. Convenient to I-95 N&S, 10 min walk to Market Frankford Line El, septa bus stops within 1-2 blocks, 3-5 min walk to trolley on Girard, bike friendly with Indego Bike Share at 6th Street and 3rd & Girard. On the weekends enjoy HELM BYOB, St. Benjamins Brewpub, New Liberty Whiskey Distillery, Reanimator Coffee or a short walk to Frankford Ave / Front Street to enjoy restaurants like Mulherins and Son's, Front Street Cafe, Good Spoon Soupery, Suraya, Philly Style Bagels, Soup Kitchen, Pizza Brain and MORE!

Last Agent to Sell the Property

Johnny McDonald

(215) 669-0469 info@mcd-grp.com Keller Williams Main Line License #RS284363 Listed on: 07/27/2018

Keller Williams Main Line

Co-Listed By

Nicholas DeLuca

(215) 208-0228 nick@deluca-group.com KW Empower License #1538673

Last Buyer's Agent

Johnny McDonald

(215) 669-0469 info@mcd-grp.com Keller Williams Main Line License #RS284363 Listed on: 07/27/2018

Keller Williams Main Line

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,409

Year Built

  • Built in 1920

Lot Details

  • 755 Sq Ft Lot
  • Lot Dimensions are 15x50

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,356 Sq Ft Home
  • Partial Basement

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 102
  • Assessor Parcel Number 182333400

Community Details

Overview

  • No Home Owners Association
  • Olde Kensington Subdivision

Building Details

  • Operating Expense $2,409

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,409

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Remarks Public: 411 W Jefferson is a rare property located in a very hot and desirable section of Old Kensington. This property has multiple uses being that it is a duplex. It is comprised of a 1st floor loft with private back yard space. The extra back yard space has a lot of potential for possibly future deeded parking, patio/deck and it is already eligible for Philly Water Departments Raincheck discount program. The top floor is a recently renovated 2 bed 1 bath with a nice kitchen, massive master bedroom and new glass tile in the bathroom along with a rainfall shower head and exposed bricks and beams. This property is perfect for a first time home buyer or an investor. If you are an investor buy and hold this property with instant cash flow as the bottom unit loft is rented for $750/month and the top currently rented for $1250/month. For a first time homebuyer you can offset the mortgage utilizing the cash flow coming in from the bottom unit. Regardless, this is a property worth owning for its multitude of uses, location and profitability. Convenient to I-95 N&S, 10 min walk to Market Frankford Line El, septa bus stops within 1-2 blocks, 3-5 min walk to trolley on Girard, bike friendly with Indego Bike Share at 6th Street and 3rd & Girard. On the weekends enjoy HELM BYOB, St. Benjamins Brewpub, New Liberty Whiskey Distillery, Reanimator Coffee or a short walk to Frankford Ave / Front Street to enjoy restaurants like Mulherins and Son's, Front Street Cafe, Good Spoon Soupery, Suraya, Philly Style Bagels, Soup Kitchen, Pizza Brain and MORE!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1356
  • Living Area Sq Ft: 1356
  • Price Per Sq Ft: 199.12
  • Above Grade Finished Sq Ft: 1356
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 411

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Improvement Assessed Value: 120470.00
  • Land Assessed Value: 51630.00
  • Land Use Code: W50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 15X50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 755.00
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 985183
  • Tax Annual Amount: 2409.00
  • Assessor Parcel Number: 182333400
  • Tax Lot: 102
  • Tax Year: 2018
  • Close Date: 09/14/2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2018
Closed on
Sep 14, 2018
Sold by
Heinbach Karen
Bought by
Glider Bruce
Seller's Agent
Johnny McDonald
Keller Williams Main Line
Buyer's Agent
Johnny McDonald
Keller Williams Main Line
List Price
$270,000
Sold Price
$242,000
Premium/Discount to List
-$28,000
-10.37%
Current Estimated Value
$347,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,659
Avg. Annual Appreciation
7.17%
Original Mortgage
$179,500
Outstanding Balance
$157,813
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$236,090

Purchase Details

Listed on
May 22, 2013
Closed on
Apr 14, 2014
Sold by
Salgueiro Paolo
Bought by
Heinbach Karen
Seller's Agent
Jennifer Thompson
RE/MAX One Realty
Buyer's Agent
JAMES CUTLER
BHHS Fox & Roach At the Harper, Rittenhouse Square
List Price
$199,000
Sold Price
$171,000
Premium/Discount to List
-$28,000
-14.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%
Original Mortgage
$167,902
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 10, 2006
Bought by
Salgueiro Paola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.26%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 28, 2003
Sold by
Dickstein I Lee and Dickstein Jana H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,400
Interest Rate
5.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 29, 1999
Sold by
Noz Daniel and Noz Simcha
Bought by
Dickstein I Lee and Dickstein Jana H
Source: Public Records

Range of Values:

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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
Glider Bruce $242,000 None Available
Heinbach Karen $171,000 None Available
Salgueiro Paola $150,000 None Available
Salgueiro Paola $150,000 None Available
-- $55,000 --
Dickstein I Lee $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glider Bruce $179,500
Previous Owner Heinbach Karen $167,902
Previous Owner Salgueiro Paola $120,000
Previous Owner Namerow Charles $49,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2018 09/14/18 Sold $242,000 -10.4% $178 / Sq Ft
08/05/2018 08/05/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $270,000 +57.9% $199 / Sq Ft
05/01/2014 05/01/14 Sold $171,000 -14.1% $126 / Sq Ft
03/08/2014 03/08/14 Pending -- -- --
05/22/2013 05/22/13 For Sale $199,000 -- $147 / 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 $4,885 $306,800 $61,360 $245,440
2024 $4,885 $306,800 $61,360 $245,440
2023 $4,885 $349,000 $69,800 $279,200
2022 $2,836 $349,000 $69,800 $279,200
2021 $2,836 $0 $0 $0
2020 $2,836 $0 $0 $0
2019 $2,836 $0 $0 $0
2018 $2,409 $0 $0 $0
2017 $2,409 $0 $0 $0
2016 $2,409 $0 $0 $0
2015 $1,900 $0 $0 $0
2014 -- $141,800 $7,172 $134,628
2012 -- $1,600 $400 $1,200
Source: Public Records

Agents Affiliated with this Home

  • Johnny McDonald

    Seller's Agent in 2018

    Johnny McDonald

    Keller Williams Main Line

    (215) 669-0469

    1 in this area

    96 Total Sales

    Johnny McDonald
    Section Image
  • Nicholas DeLuca

    Seller Co-Listing Agent in 2018

    Nicholas DeLuca

    KW Empower

    (215) 208-0228

    3 in this area

    327 Total Sales

    Nicholas DeLuca
    Section Image
  • Jennifer Thompson

    Seller's Agent in 2014

    Jennifer Thompson

    RE/MAX

    (215) 380-8994

    88 Total Sales

    Jennifer Thompson
    Section Image

  • J

    Buyer's Agent in 2014

    JAMES CUTLER

    BHHS Fox & Roach

See All Agents

Map

Source: Bright MLS

MLS Number: 1002114552

Bright MLS

APN: 182333400

Pennsylvania Philadelphia County Philadelphia 19122 Olde Kensington

411 W Jefferson St, Philadelphia, PA

This home is located at 411 W Jefferson St, Philadelphia, PA 19122 since 27 July 2018 and is currently estimated at $347,659, approximately $256 per square foot. This property was built in 1920. 411 W Jefferson St is a home located in Philadelphia County with nearby schools including James R. Ludlow School, Penn Treaty School, and Al Aqsa Islamic Academy.

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