NOT LISTED FOR SALE

424 S 42nd St Philadelphia, PA 19104

Spruce Hill Neighborhood

Estimated Value: $770,000 - $995,000

7 Beds
3 Baths
3,150 Sq Ft
$278/Sq Ft Est. Value

Last Sold February 15, 2016

Last sale price $410,000 $130 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $5,147/month

Highlights

  • Victorian Architecture
  • 1-minute walk to Baltimore Avenue And 42Nd Street
  • 2 Fireplaces
  • Penn Alexander School Rated A-
  • Attic
  • 3-minute walk to Clark Park

About This Home

As of February 2016

This is an incredible opportunity for residents looking to take advantage of the PENN ALEXANDER CATCHMENT. This is a very large home in need of a few repairs but very inhabitable. The home has spectacular curb appeal, is located on a green tree lined block, and is a perfect location in West Philadelphia, convenient to all the great things that the universities bring to the neighborhood and to the vibrant life style that comes with enjoying the shops and restaurants on Baltimore Ave as well as the benefits of being in close proximity to lively Clark Park and all its festivals and recreation. There is a deed restriction recorded on the deed to this property preventing it from being divided into a legal duplex. Currently the property has 7 bedrooms and 3 bathrooms, one on each floor. One is being used as a den on the 3rd floor. One on the 1st floor could be converted into a formal dining room. There is a spacious kitchen on the first floor and a mudroom off the back. There are plenty of closets throughout. There is a 2nd kitchen for an in-law suite or au pare suite on the 3rd floor. There's a very spacious basement currently set up as a home gym and suitable for storage. There's also an unfinished attic on the 4th floor with a sky light. The home is in need of exterior improvements and roof maintenance. Recent improvements include a new fence around the yard, new boiler in 2007, newer washer and dryer, custom built in shelves, ikea closets, renovated 3rd floor bathroom, newer 3rd floor kitchen with new microwave and new stove. There are 3 tenants on 3 leases with two paying $575, and one paying $595.

Last Agent to Sell the Property

Jeanne Whipple

(267) 872-3969 jeanne@phillyhomegirls.com Elfant Wissahickon Realtors License #RS275042 Listed on: 10/20/2015

Co-Listed By

Kristin McFeely

(215) 620-8726 kristin.mcfeely@compass.com Compass RE License #RS288562

Last Buyer's Agent

Grace Tian

(215) 287-5678 tianrealty@gmail.com Appreciation Realty LLC License #RS318202

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,966

Year Built

  • Built in 1905

Lot Details

  • 2,880 Sq Ft Lot
  • Lot Dimensions are 24x120

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Victorian Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,150 Sq Ft Home
  • Property has 3 Levels
  • Skylights
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Dining Room
  • Wall to Wall Carpet
  • Eat-In Kitchen
  • Attic

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • University City Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 272071900

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,966

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1905
  • Remarks Public: This is an incredible opportunity for residents looking to take advantage of the PENN ALEXANDER CATCHMENT. This is a very large home in need of a few repairs but very inhabitable. The home has spectacular curb appeal, is located on a green tree lined block, and is a perfect location in West Philadelphia, convenient to all the great things that the universities bring to the neighborhood and to the vibrant life style that comes with enjoying the shops and restaurants on Baltimore Ave as well as the benefits of being in close proximity to lively Clark Park and all its festivals and recreation. There is a deed restriction recorded on the deed to this property preventing it from being divided into a legal duplex. Currently the property has 7 bedrooms and 3 bathrooms, one on each floor. One is being used as a den on the 3rd floor. One on the 1st floor could be converted into a formal dining room. There is a spacious kitchen on the first floor and a mudroom off the back. There are plenty of closets throughout. There is a 2nd kitchen for an in-law suite or au pare suite on the 3rd floor. There's a very spacious basement currently set up as a home gym and suitable for storage. There's also an unfinished attic on the 4th floor with a sky light. The home is in need of exterior improvements and roof maintenance. Recent improvements include a new fence around the yard, new boiler in 2007, newer washer and dryer, custom built in shelves, ikea closets, renovated 3rd floor bathroom, newer 3rd floor kitchen with new microwave and new stove. There are 3 tenants on 3 leases with two paying $575, and one paying $595.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Fully Carpeted
  • Interior Amenities: Skylight(s), Kitchen - Eat-In
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, In-Law/AuPair/Suite, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 3150
  • Living Area Sq Ft: 3150
  • Net Sq Ft: 3150.00
  • Price Per Sq Ft: 131.75
  • Above Grade Finished Sq Ft: 3150
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 424

Beds/Baths

  • Bedrooms: 7
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • 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
  • Cooling Type: Wall Unit
  • 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: 256653.00
  • Land Assessed Value: 98147.00
  • Land Use Code: N50
  • Lot Size Acres: 0.07
  • Lot Dimensions: 24X120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2880.00
  • Outdoor Living Structures: Porch(es)
  • Zoning: RTA1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1047054
  • Tax Annual Amount: 4966.00
  • Assessor Parcel Number: 272071900
  • Tax Lot: 18
  • Tax Year: 2016
  • Close Date: 02/15/2016

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2017
Sold by
Mao Jinbo
Bought by
Cho Park Park F
Current Estimated Value
$875,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Outstanding Balance
$196,908
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$678,310

Purchase Details

Listed on
Oct 20, 2015
Closed on
Feb 15, 2016
Sold by
Schnolis Richard M and Schnolis Linda D
Bought by
Mao Jinbo
Seller's Agent
Jeanne Whipple
Elfant Wissahickon Realtors
Buyer's Agent
Grace Tian
Appreciation Realty LLC
List Price
$415,000
Sold Price
$410,000
Premium/Discount to List
-$5,000
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%

Purchase Details

Closed on
Jul 31, 2007
Sold by
The Trustees Of The University Of Pa
Bought by
Schnolis Richard M and Schnolis Linda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,400
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 1999
Sold by
Fishman Leonard
Bought by
Sisko Inc

Purchase Details

Closed on
Aug 28, 1997
Sold by
Fishman Leonard and Fishman Bernice
Bought by
Fishman Leonard
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
Cho Park Park F $485,000 None Available
Mao Jinbo -- None Available
Mao Jinbo $410,000 None Available
Schnolis Richard M $300,000 None Available
Sisko Inc $108,000 --
Fishman Leonard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cho Park Park F $388,000
Previous Owner Schnolis Richard M $313,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2016 02/15/16 Sold $410,000 -1.2% $130 / Sq Ft
12/04/2015 12/04/15 Pending -- -- --
10/20/2015 10/20/15 For Sale $415,000 -- $132 / 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 $6,037 $784,000 $156,800 $627,200
2024 $6,037 $784,000 $156,800 $627,200
2023 $6,037 $431,300 $86,260 $345,040
2022 $5,407 $386,300 $86,260 $300,040
2021 $6,037 $0 $0 $0
2020 $6,037 $0 $0 $0
2019 $5,820 $0 $0 $0
2018 $5,386 $0 $0 $0
2017 $5,386 $0 $0 $0
2016 $4,966 $0 $0 $0
2015 $4,754 $0 $0 $0
2014 -- $384,800 $98,147 $286,653
2012 -- $33,600 $7,570 $26,030
Source: Public Records

Agents Affiliated with this Home

  • Jeanne Whipple

    Seller's Agent in 2016

    Jeanne Whipple

    Elfant Wissahickon Realtors

    (267) 872-3969

    216 Total Sales

    Jeanne Whipple
    Section Image
  • Kristin McFeely

    Seller Co-Listing Agent in 2016

    Kristin McFeely

    Compass RE

    (215) 620-8726

    1 in this area

    333 Total Sales

    Kristin McFeely
    Section Image
  • Grace Tian

    Buyer's Agent in 2016

    Grace Tian

    Appreciation Realty LLC

    (215) 287-5678

    25 Total Sales

    Grace Tian
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002722194

Bright MLS

APN: 272071900

Pennsylvania Philadelphia County Philadelphia 19104 Spruce Hill

424 S 42nd St, Philadelphia, PA

This home is located at 424 S 42nd St, Philadelphia, PA 19104 since 20 October 2015 and is currently estimated at $875,218, approximately $277 per square foot. This property was built in 1905. 424 S 42nd St is a home located in Philadelphia County with nearby schools including Penn Alexander School, West Philadelphia High School, and Jubilee School.

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