Seller's Agent in 2017
Nathan S. Naness
KW Empower
(215) 627-3500
134 Total Sales
412 N Wiota St Philadelphia, PA 19104
West Powelton NeighborhoodEstimated Value: $629,000 - $905,013
--
Bed
3
Baths
--
Sq Ft
903
Sq Ft Lot
Highlights
- No HOA
- 4-minute walk to Lancaster Avenue And 40Th Street
- East Facing Home
- En-Suite Primary Bedroom
- Forced Air Heating and Cooling System
- 4-minute walk to Urban Thinkscape
About This Home
As of June 20173 Years Young, Tax Abatement, Duplex in University City! 3 bedroom/3 bath in one unit and 3 bedroom/2 bath in the other. Close to Drexel, University of Penn and University of the Sciences. Close to public transportation and all of the new construction on Market between 38th and 42nd! Live in one of the units while renting the other unit to others. The perfect place for someone attending one of the colleges while wanting income, appreciation and others to pay down a mortgage and maybe even a tax advantage!! A triple winner! This duplex has been built to the latest construction codes that were in effect three years ago, meaning sprinklers are in the whole building. If you desire to have many rentals in the area, the building adjacent is also available and is a sister to this one. See 410 N Wiota listing. The current tenants have leases until July, 2017, which equates to the new owner taking over a building with rental income now, while preparing for the next tenants to take over the space.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $537
Year Built
- Built in 2014
Lot Details
- 903 Sq Ft Lot
- Lot Dimensions are 21x43
- East Facing Home
- Property is in good condition
Parking
- On-Street Parking
Home Design
- Duplex
- Brick Exterior Construction
- Aluminum Siding
- Stucco
Utilities
- Forced Air Heating and Cooling System
- Back Up Electric Heat Pump System
- Electric Water Heater
Additional Features
- En-Suite Primary Bedroom
- Laundry in unit
- Basement Fills Entire Space Under The House
Listing and Financial Details
- Assessor Parcel Number 061173700
Community Details
Overview
- No Home Owners Association
- University City Subdivision
Building Details
- Electric Expense $696
- Insurance Expense $1,625
- Maintenance Expense $600
- Operating Expense $4,742
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 23, 2021
Sold by
Lu Fengtian and Yao Lingyan
Bought by
Lu Fengtian
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$306,384
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$452,954
Purchase Details
Listed on
Mar 8, 2017
Closed on
Jun 21, 2017
Sold by
Ncfm Land Holdings Inc
Bought by
Yao Lingyan and Lu Fengtian
Seller's Agent
Nathan S. Naness
KW Empower
Buyer's Agent
Hong Jin
Keller Williams Real Estate - Media
List Price
$529,900
Sold Price
$530,000
Premium/Discount to List
$100
0.02%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.39%
Original Mortgage
$360,000
Interest Rate
4.05%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 26, 2013
Sold by
Dryden-Smith Nicole
Bought by
Ncfm Land Holdings Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.55%
Mortgage Type
Construction
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lu Fengtian | -- | None Available | |
| Yao Lingyan | $510,000 | Brandywine Abstract Co Lp | |
| Ncfm Land Holdings Inc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lu Fengtian | $340,000 | |
| Closed | Yao Lingyan | $360,000 | |
| Previous Owner | Ncfm Land Holdings Inc | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/23/2017 06/23/17 | Sold | $530,000 | -0.4% | -- |
| 04/12/2017 04/12/17 | Price Changed | $531,900 | +0.4% | -- |
| 04/11/2017 04/11/17 | Pending | -- | -- | -- |
| 03/08/2017 03/08/17 | For Sale | $529,900 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $6,614 | $612,900 | $122,580 | $490,320 |
| 2024 | $6,614 | $612,900 | $122,580 | $490,320 |
| 2023 | $3,087 | $472,500 | $94,500 | $378,000 |
| 2022 | $1,076 | $220,500 | $94,500 | $126,000 |
| 2021 | $1,076 | $0 | $0 | $0 |
| 2020 | $1,076 | $0 | $0 | $0 |
| 2019 | $1,036 | $0 | $0 | $0 |
| 2018 | $537 | $0 | $0 | $0 |
| 2017 | $537 | $0 | $0 | $0 |
| 2016 | -- | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Nathan S. Naness
-
Hong Jin
H
Buyer's Agent in 2017
Hong Jin
Keller Williams Real Estate - Media
(484) 844-9768
2 in this area
32 Total Sales
Map
Source: Bright MLS
MLS Number: 1003229995
APN: 061173700
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