NOT LISTED FOR SALE

Estimated Value: $285,000 - $336,000

-- Bed
2 Baths
1,260 Sq Ft
$251/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $290,000 $230 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,967/month

56 Days on Market

Highlights

  • Straight Thru Architecture
  • 1-minute walk to Lancaster Avenue And Parrish Street
  • Forced Air Heating and Cooling System
  • Luxury Vinyl Plank Tile Flooring
  • Ceiling height of 9 feet or more
  • Combination Dining and Living Room

About This Home

As of March 2023

BUYERS FINANCING DENIED, GET IT WHILE YOU CAN!! Calling all savvy owner occupants or turnkey investors! A LEGALLY zoned duplex consisting of two, 1 bedroom and 1 bathroom units is now available! This property features ample street parking, porch front and large backyard on the exterior. On the interior, separate utilities, updated kitchens, updated bathrooms, fully functional floor plans and large bedrooms with tons of closet space. And finally, its conveniently situated near an abundance of public transportation, 76, 95, universities, hospitals and center city which will make the commute a breeze. So what are you waiting for? This property could generate as much $2,400 a month, 7% cap rate and 9%+ cash on cash return but hurry before it's too late!

Last Agent to Sell the Property

Stephen Kennedy

KW Empower Listed on: 11/23/2022

KW Empower

Last Buyer's Agent

Tawanna Coleman

KW Empower

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,669

Year Built

  • Built in 1920 | Remodeled in 2022

Lot Details

  • 1,305 Sq Ft Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Straight Thru Architecture
  • Flat Roof Shape
  • Stone Foundation
  • Rubber Roof
  • Masonry

Interior Spaces

  • 1,260 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Replacement Windows
  • Six Panel Doors
  • Combination Dining and Living Room
  • Luxury Vinyl Plank Tile Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Microwave

Location

  • Urban Location

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 478
  • Assessor Parcel Number 062054500

Community Details

Overview

  • 2 Units
  • Belmont Subdivision

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,669

Year Built

Built in 1920 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Exclusions: Negotiable.
  • Inclusions: Appliances.
  • New Construction: No
  • Year Built: 1920
  • Year Renovated: 2022
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: NewHome
  • Stories: 0

Interior Features

  • Appliances: Stove, Microwave, Refrigerator
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Combination Dining/Living
  • Window Features: Replacement
  • Door Features: Six Panel
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1260
  • Living Area Sq Ft: 1260
  • Price Per Sq Ft: 226.19
  • Above Grade Finished Sq Ft: 1260
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4334

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Sidewalks
  • Roof: Flat, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U30
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1305.00
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: RM1
  • Zoning Description: Multi family.

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 916.00
  • Tax Annual Amount: 1669.00
  • Assessor Parcel Number: 062054500
  • Tax Lot: 478
  • Tax Year: 2022
  • Close Date: 03/01/2023

Multi Family

  • Number Of Units Vacant: 2

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2022
Closed on
Feb 15, 2023
Sold by
Hf3 Associates Llc
Bought by
Brown Larry
Seller's Agent
Stephen Kennedy
KW Empower
Buyer's Agent
Tawanna Coleman
KW Empower
List Price
$284,999
Sold Price
$290,000
Premium/Discount to List
$5,001
1.75%
Views
40
Current Estimated Value
$316,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,608
Avg. Annual Appreciation
-2.43%
Original Mortgage
$284,747
Outstanding Balance
$277,108
Interest Rate
6.15%
Mortgage Type
FHA
Estimated Equity
-$4,397

Purchase Details

Listed on
Jul 30, 2021
Closed on
May 18, 2022
Sold by
John Bell
Bought by
Hf3 Associates Llc
Seller's Agent
Joseph Massengale
Realty Mark Cityscape-King of Prussia
Buyer's Agent
Joseph Massengale
Realty Mark Cityscape-King of Prussia
List Price
$160,000
Sold Price
$135,000
Premium/Discount to List
-$25,000
-15.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
163.23%
Original Mortgage
$206,090
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2007
Sold by
Lancaster Penny
Bought by
Bell John and Savage Patricia

Purchase Details

Closed on
Feb 20, 2007
Sold by
The Bank Of New York
Bought by
Lancaster Penny

Purchase Details

Closed on
Sep 25, 2006
Sold by
Boyer Anne and Equicredit Corp Of America
Bought by
The Bank Of New York and Holders Of The Eqcc Asset Backed Certifi

Purchase Details

Closed on
Nov 24, 1999
Sold by
C O T S Investment Inc
Bought by
Boyer Anne
Source: Public Records

Range of Values:

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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
Brown Larry $290,000 Great American Abstract
Hf3 Associates Llc $135,000 Abstract One
Bell John $31,000 None Available
Lancaster Penny $25,000 None Available
The Bank Of New York $14,600 None Available
Boyer Anne $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Larry $284,747
Previous Owner Hf3 Associates Llc $206,090
Previous Owner Savage Patricia $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2023 03/01/23 Sold $290,000 +1.8% $230 / Sq Ft
11/23/2022 11/23/22 For Sale $284,999 +111.1% $226 / Sq Ft
05/18/2022 05/18/22 Sold $135,000 -15.6% $107 / Sq Ft
04/14/2022 04/14/22 Pending -- -- --
04/09/2022 04/09/22 Price Changed $160,000 0.0% $127 / Sq Ft
04/09/2022 04/09/22 For Sale $160,000 +18.5% $127 / Sq Ft
03/31/2022 03/31/22 Off Market $135,000 -- --
03/24/2022 03/24/22 For Sale $180,000 0.0% $143 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
01/19/2022 01/19/22 Price Changed $180,000 -3.2% $143 / Sq Ft
09/20/2021 09/20/21 Price Changed $186,000 -5.1% $148 / Sq Ft
07/30/2021 07/30/21 For Sale $196,000 -- $156 / 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 $2,937 $291,000 $58,200 $232,800
2024 $2,937 $291,000 $58,200 $232,800
2023 $2,937 $209,800 $41,960 $167,840
2022 $1,670 $209,800 $41,960 $167,840
2021 $1,670 $0 $0 $0
2020 $1,670 $0 $0 $0
2019 $1,608 $0 $0 $0
2018 $1,530 $0 $0 $0
2017 $1,530 $0 $0 $0
2016 $1,530 $0 $0 $0
2015 $1,465 $0 $0 $0
2014 -- $109,300 $6,803 $102,497
2012 -- $6,176 $1,105 $5,071
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2181754

Bright MLS

APN: 062054500