NOT LISTED FOR SALE

Estimated Value: $269,943 - $293,000

-- Bed
2 Baths
1,656 Sq Ft
$169/Sq Ft Est. Value

Last Sold June 08, 2021

Last sale price $215,000 $130 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,810/month

15 Days on Market

Highlights

  • Colonial Architecture
  • Ceramic Tile Flooring
  • 90% Forced Air Heating System
  • No HOA

About This Home

As of June 2021

All showings start April 1, 2021. Large end of row legal two residential units. Each unit with two bedrooms , living room entrance, eat in kitchen(gas cooking, garbage disposal) , laundry hook up, hallway closets. Two car parking drive way in the front. Separate water, gas and electric meters in premise. First floor unit is vacant. tenant move out in February 2021. was rented for 700. Projected market rent for both units can be $1,100 after upgrading. 2nd floor, rent $750 lease started March 2016 and now on a month to month lease. Tenant plans to stay. Potential cap rate can be around 10% after upgrading. Landlord has active rental license and landlord corporation program in file. Close to shopping, schools, highways, buses and parks. Seller prefers to sell in as is condition.

Last Agent to Sell the Property

Emily Qing Hui Wang

Century 21 Advantage Gold-South Philadelphia License #RS288073 Listed on: 03/25/2021

Century 21 Advantage Gold-South Philadelphia

Last Buyer's Agent

Maple Chen

HK99 Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,394

Year Built

  • Built in 1980

Lot Details

  • 2,281 Sq Ft Lot
  • Lot Dimensions are 30.41 x 75.00

Home Design

  • 1,656 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Shingle Roof
  • Masonry

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Utilities

  • 90% Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • 2-Story Building
  • Holmesburg Subdivision

Listing and Financial Details

  • Tax Lot 165
  • Assessor Parcel Number 651165030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,394

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: tenant personal belongings
  • Inclusions: Refrigerator on first floor unit.
  • New Construction: No
  • Year Built: 1980
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: All showings start April 1, 2021. Large end of row legal two residential units. Each unit with two bedrooms , living room entrance, eat in kitchen(gas cooking, garbage disposal) , laundry hook up, hallway closets. Two car parking drive way in the front. Separate water, gas and electric meters in premise. First floor unit is vacant. tenant move out in February 2021. was rented for 700. Projected market rent for both units can be $1,100 after upgrading. 2nd floor, rent $750 lease started March 2016 and now on a month to month lease. Tenant plans to stay. Potential cap rate can be around 10% after upgrading. Landlord has active rental license and landlord corporation program in file. Close to shopping, schools, highways, buses and parks. Seller prefers to sell in as is condition.
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Ceramic Tile
  • Fireplace: No
  • Total Sq Ft: 1656
  • Living Area Sq Ft: 1656
  • Price Per Sq Ft: 129.83
  • Above Grade Finished Sq Ft: 1656
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4404

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 145350.00
  • Land Assessed Value: 25650.00
  • Land Use Code: W30
  • Lot Size Acres: 0.05
  • Lot Dimensions: 30.41 x 75.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2281.00
  • Year Assessed: 2021
  • Zoning: RTA1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1362126
  • School Tax: 1313.00
  • Tax Annual Amount: 2394.00
  • Assessor Parcel Number: 651165030
  • Tax Lot: 165
  • Tax Total Finished Sq Ft: 1656
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 06/08/2021

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
Jun 8, 2021
Sold by
Chen Wallace Ganhua and Chen Wallace Guanhua
Bought by
Chen Sandy
Seller's Agent
Emily Qing Hui Wang
Century 21 Advantage Gold-South Philadelphia
Buyer's Agent
Maple Chen
HK99 Realty LLC
List Price
$215,000
Sold Price
$215,000
Current Estimated Value
$279,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,981
Avg. Annual Appreciation
6.33%
Original Mortgage
$155,000
Outstanding Balance
$140,943
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$137,580

Purchase Details

Closed on
Jul 30, 2004
Sold by
Orsino Frances and Orsino Salvatore
Bought by
Chen Wallace Ganhua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
6.2%
Mortgage Type
Commercial
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
Chen Sandy $215,000 First City Abstract Agcy Inc
Chen Wallace Ganhua $152,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Sandy $155,000
Previous Owner Chen Wallace G $120,000
Previous Owner Chen Wallace Ganhua $121,600
Previous Owner Orsino Frances $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2021 06/08/21 Sold $215,000 0.0% $130 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
04/09/2021 04/09/21 Off Market $215,000 -- --
03/25/2021 03/25/21 For Sale $215,000 -- $130 / 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 $3,407 $291,200 $58,240 $232,960
2024 $3,407 $291,200 $58,240 $232,960
2023 $3,407 $243,400 $48,680 $194,720
2022 $2,394 $243,400 $48,680 $194,720
2021 $2,394 $0 $0 $0
2020 $2,394 $0 $0 $0
2019 $2,242 $0 $0 $0
2018 $1,849 $0 $0 $0
2017 $1,849 $0 $0 $0
2016 $1,849 $0 $0 $0
2015 $1,770 $0 $0 $0
2014 -- $132,100 $32,941 $99,159
2012 -- $22,368 $3,097 $19,271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH1000206

Bright MLS

APN: 651165030