NOT LISTED FOR SALE

Estimated Value: $228,000 - $290,114

-- Bed
2 Baths
2,082 Sq Ft
$125/Sq Ft Est. Value

Last Sold May 03, 2016

Last sale price $131,000 $63 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,571/month

105 Days on Market

Highlights

  • No HOA
  • Ceiling Fan
  • Wall to Wall Carpet
  • Forced Air Heating and Cooling System

About This Home

As of May 2016

Great Investment Opportunity!!! Don't miss your chance to Own a CORNER Residential - Mixed Use/Storefront Property! Walking distance from Frankford and Torresdale Avenues in a high traffic area with other businesses and major highways close by. This is a Great Location! The current owner operated a beauty salon here for years and has recently closed the shop to relocate. SELL, SELL, SELL. The interior and exterior are in good condition. The main level is a residential home that offers a LR w/built in shelving and storage + 2 small wall alcoves, formal DR w/built in wall a/c & chair rail & an EIK w/laminate flr, high hat lighting above cabinets & dishwasher. The 2nd flr gives you 3 bdrms w/closets, 3pc c/t bth & hall linen closet. The basement level is used as storage and the former beauty salon features an open area with full bth. The Property has private entrances for both the Residential and the Storefront & separate utilities. This Property lends itself to many potential uses such as a beauty/barber shop, a day care center, after school center, retail store, pet grooming?the possibilities are endless. This is a must see for the investor, small business owner or owner occupant (live in one and rent the other). All offers will be considered.

Last Agent to Sell the Property

William Pfeffer

(215) 205-0818 parealestatenow@gmail.com City & Suburban Real Estate Listed on: 01/04/2016

City & Suburban Real Estate

Last Buyer's Agent

Kelly Zheng

(267) 888-1800 KellyZ817@yahoo.com A Plus Realtors LLC License #RM423341

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 29x87
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2,082 Sq Ft Home
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Flooring

  • Wall to Wall Carpet
  • Laminate

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 283
  • Assessor Parcel Number 651130900

Community Details

Overview

  • No Home Owners Association
  • Holmesburg Subdivision

Building Details

  • Operating Expense $3,228

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: Washer & Dryer (Both "As Is")
  • New Construction: No
  • Storage: Basement
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Fully Carpeted, Laminated
  • Interior Amenities: Ceiling Fan(s), Store/Office
  • Fireplace: No
  • Entry Location: Private
  • Foundation Details: Brick/Mortar
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2082
  • Living Area Sq Ft: 2082
  • Price Per Sq Ft: 67.20
  • Above Grade Finished Sq Ft: 2082
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Roof: Flat
  • 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, Wall Unit
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • 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

Lot Info

  • Improvement Assessed Value: 207447.00
  • Land Assessed Value: 33453.00
  • Lot Size Acres: 0.06
  • Lot Dimensions: 29X87
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2500.00
  • Property Condition: Good
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1361808
  • Tax Annual Amount: 3372.00
  • Assessor Parcel Number: 651130900
  • Tax Lot: 283
  • Tax Year: 2016

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2016
Closed on
May 3, 2016
Sold by
Hornberger Ste Ven D
Bought by
Chen Liang
Seller's Agent
William Pfeffer
City & Suburban Real Estate
Buyer's Agent
Kelly Zheng
A Plus Realtors LLC
List Price
$149,000
Sold Price
$131,000
Premium/Discount to List
-$18,000
-12.08%
Current Estimated Value
$260,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,084
Avg. Annual Appreciation
7.38%

Purchase Details

Closed on
Oct 11, 2004
Sold by
Hornberger Joseph P and Hornberger Gloria J
Bought by
Hornberger Steven D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.85%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Chen Liang $131,000 None Available
Hornberger Steven D $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hornberger Steven D $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2016 05/03/16 Sold $131,000 -12.1% $63 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $149,000 -- $72 / 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
2026 $2,436 $222,400 $44,480 $177,920
2025 $2,436 $222,400 $44,480 $177,920
2024 $2,436 $222,400 $44,480 $177,920
2023 $2,436 $174,000 $34,800 $139,200
2022 $1,951 $174,000 $34,800 $139,200
2021 $1,951 $0 $0 $0
2020 $1,951 $0 $0 $0
2019 $3,372 $0 $0 $0
2018 $3,372 $0 $0 $0
2017 $3,372 $0 $0 $0
2016 $3,372 $0 $0 $0
2015 $3,228 $0 $0 $0
2014 -- $240,900 $33,453 $207,447
2012 -- $17,280 $2,363 $14,917
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002373212

Bright MLS

APN: 651130900