NOT LISTED FOR SALE

425 N Preston St Philadelphia, PA 19104

West Powelton Neighborhood

Estimated Value: $498,000 - $584,042

6 Beds
3 Baths
2,637 Sq Ft
$205/Sq Ft Est. Value

Last Sold February 19, 2015

Last sale price $260,000 $99 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,390/month

Highlights

  • Traditional Architecture
  • 4-minute walk to Lancaster Avenue And 40Th Street
  • Eat-In Kitchen
  • No HOA
  • Porch
  • 3-minute walk to Vidas Athletic Complex

About This Home

As of February 2015

Must see to APPRECIATE the possible INCOME of this property. Live in one and rent the other or rent both, and the best part is you don't need to do much! This is a huge 3 story home set up as a Duplex, 6 bedrooms 4 bathrooms conveniently located close to Penn & Drexel. Each unit features hardwood-flooring, washer, dryer, modern bathrooms, updated kitchens w/granite counter tops and stainless steel appliances. 1st unit consists of 2 bedrooms, 1 full bathroom w/deck including a lengthy back yard and basement. 2nd unit offers 4 bedrooms of which one features a deck and 2 full bathrooms including washer and dryer. 2 Kitchens, which boast stainless steel appliances, electric stoves, garbage disposals, newer cabinets and granite, counter tops. The basement has been upgraded and consists of an extra bedroom, full bathroom, living/family room plus washer and dryer. Separate water heaters and central air units. IT IS IN "AS IS CONDITION". THIS IS A NO BRAINER!! MAKE YOUR OFFER TODAY!!

Last Agent to Sell the Property

GEORGE AKERS

Keller Williams Philadelphia Listed on: 11/25/2014

Last Buyer's Agent

Grace Tian

Appreciation Realty LLC License #RS318202

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,490

Year Built

  • Built in 1915

Lot Details

  • 1,732 Sq Ft Lot
  • Lot Dimensions are 17x102
  • Back and Front Yard
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Stucco

Interior Spaces

  • 2,637 Sq Ft Home
  • Property has 3 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry on lower level

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heating System Uses Gas
  • Radiant Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Powelton Village Subdivision

Listing and Financial Details

  • Tax Lot 138
  • Assessor Parcel Number 061183500

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,490

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Remarks Public: Must see to APPRECIATE the possible INCOME of this property. Live in one and rent the other or rent both, and the best part is you don't need to do much! This is a huge 3 story home set up as a Duplex, 6 bedrooms 4 bathrooms conveniently located close to Penn & Drexel. Each unit features hardwood-flooring, washer, dryer, modern bathrooms, updated kitchens w/granite counter tops and stainless steel appliances. 1st unit consists of 2 bedrooms, 1 full bathroom w/deck including a lengthy back yard and basement. 2nd unit offers 4 bedrooms of which one features a deck and 2 full bathrooms including washer and dryer. 2 Kitchens, which boast stainless steel appliances, electric stoves, garbage disposals, newer cabinets and granite, counter tops. The basement has been upgraded and consists of an extra bedroom, full bathroom, living/family room plus washer and dryer. Separate water heaters and central air units. IT IS IN "AS IS CONDITION". THIS IS A NO BRAINER!! MAKE YOUR OFFER TODAY!!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor, Lower Floor
  • Total Sq Ft: 2637
  • Living Area Sq Ft: 2637
  • Net Sq Ft: 2637.00
  • Price Per Sq Ft: 111.87
  • Above Grade Finished Sq Ft: 2637
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 425

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • 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: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Radiant
  • 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: 172779.00
  • Land Assessed Value: 13021.00
  • Land Use Code: U50
  • Lot Features: Front Yard, Rear Yard
  • Lot Size Acres: 0.04
  • Lot Dimensions: 17X102
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1732.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 911522
  • Tax Annual Amount: 2490.00
  • Assessor Parcel Number: 061183500
  • Tax Lot: 138
  • Tax Year: 2015
  • Close Date: 02/19/2015

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2014
Closed on
Feb 26, 2015
Sold by
Morani Alim Mohomed and Morani Azar Mohomed
Bought by
Mei Hanlin and Han Binbin
Seller's Agent
GEORGE AKERS
Keller Williams Philadelphia
Buyer's Agent
Grace Tian
Appreciation Realty LLC
List Price
$295,000
Sold Price
$260,000
Premium/Discount to List
-$35,000
-11.86%
Current Estimated Value
$539,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,347
Avg. Annual Appreciation
6.92%

Purchase Details

Closed on
Sep 18, 2009
Sold by
Ellis Michael J
Bought by
Morani Alim Mohomed and Morani Azar Mohomed

Purchase Details

Closed on
Jul 10, 2008
Sold by
Ellis Michael J
Bought by
Ellis Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 30, 2006
Sold by
Mayes Kia L
Bought by
Ellis Michael J and Ellis Donald T

Purchase Details

Closed on
Apr 15, 1996
Sold by
Drummond Scott H
Bought by
Mayes Kia L
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
Mei Hanlin $255,000 Pearl Abstract Llc
Morani Alim Mohomed $270,000 None Available
Ellis Michael J -- None Available
Ellis Michael J $5,000 None Available
Mayes Kia L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ellis Michael J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2015 02/19/15 Sold $260,000 -11.9% $99 / Sq Ft
01/15/2015 01/15/15 Pending -- -- --
11/25/2014 11/25/14 For Sale $295,000 -- $112 / 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 $6,193 $687,600 $137,520 $550,080
2024 $6,193 $687,600 $137,520 $550,080
2023 $6,193 $442,400 $88,480 $353,920
2022 $4,372 $442,400 $88,480 $353,920
2021 $4,372 $0 $0 $0
2020 $4,372 $0 $0 $0
2019 $4,208 $0 $0 $0
2018 $2,601 $0 $0 $0
2017 $2,601 $0 $0 $0
2016 $2,576 $0 $0 $0
2015 $2,490 $0 $0 $0
2014 -- $185,800 $13,021 $172,779
2012 -- $4,160 $958 $3,202
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    GEORGE AKERS

    Keller Williams Philadelphia

  • Grace Tian

    Buyer's Agent in 2015

    Grace Tian

    Appreciation Realty LLC

    (215) 287-5678

    2 in this area

    26 Total Sales

    Grace Tian
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Map

Source: Bright MLS

MLS Number: 1003161818

Bright MLS

APN: 061183500

Pennsylvania Philadelphia County Philadelphia 19104 West Powelton

425 N Preston St, Philadelphia, PA

This home is located at 425 N Preston St, Philadelphia, PA 19104 since 25 November 2014 and is currently estimated at $539,347, approximately $204 per square foot. This property was built in 1915. 425 N Preston St is a home located in Philadelphia County with nearby schools including Alain Locke School, West Philadelphia High School, and Belmont Charter Elementary School.

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