$440,000
SOLD JAN 8, 2025

4616 Silverwood St Philadelphia, PA 19128

-- Bed
-- Bath
1,786 Sq Ft
2,329 Sq Ft Lot

Recently Sold

$246 Per Sq Ft

4% Below List Price

51 Days on Market

About This Home

As of January 2025

Discover the potential of 4616 Silverwood Street, an exceptional investment opportunity in the desirable Manayunk section of Philadelphia. With one of the units already rented out, this multi-family property is an ideal choice for investors seeking rental income or those looking to live in one unit while renting out the other.

A standout feature is the four-car parking, a rare find that adds significant value and convenience for potential renters. While this property has been updated and well maintained over the years, there is still room to for an investor to add value without doing a complete renovation. The property's close proximity to the vibrant amenities of Main Street, public transportation into Center City, and Saint Joe's University ensures a desirable location for future tenants, making it a smart addition to any real estate portfolio.

Last Agent to Sell the Property

Sarah Dickinson

Compass RE License #2299071 Listed on: 10/16/2024

Compass RE

Last Buyer's Agent

Stephanie Parker

Keller Williams Real Estate-Blue Bell License #AB069394

Keller Williams Real Estate-Blue Bell

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,632

Year Built

  • Built in 1960

Lot Details

  • 2,329 Sq Ft Lot
  • Lot Dimensions are 28.00 x 83.00

Home Design

  • 1,786 Sq Ft Home
  • Duplex
  • Frame Construction

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 163
  • Assessor Parcel Number 211532970

Community Details

Overview

  • 2 Units
  • Manayunk Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,632

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Remarks Public: Discover the potential of 4616 Silverwood Street, an exceptional investment opportunity in the desirable Manayunk section of Philadelphia. With one of the units already rented out, this multi-family property is an ideal choice for investors seeking rental income or those looking to live in one unit while renting out the other. A standout feature is the four-car parking, a rare find that adds significant value and convenience for potential renters. While this property has been updated and well maintained over the years, there is still room to for an investor to add value without doing a complete renovation. The property's close proximity to the vibrant amenities of Main Street, public transportation into Center City, and Saint Joe's University ensures a desirable location for future tenants, making it a smart addition to any real estate portfolio.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Total Sq Ft: 1786
  • Living Area Sq Ft: 1786
  • Price Per Sq Ft: 251.90
  • Above Grade Finished Sq Ft: 1786
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4616

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: PHILADELPHIA CITY
  • School District Key: 803408593408
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: W36
  • Lot Size Acres: 0.05
  • Lot Dimensions: 28.00 x 83.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2329.00
  • Year Assessed: 2024
  • Zoning: RSA5

Rental Info

  • Existing Lease Type: Yearly
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • School Tax: 2034.00
  • Tax Annual Amount: 3632.00
  • Assessor Parcel Number: 211532970
  • Tax Lot: 163
  • Tax Total Finished Sq Ft: 1786
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 01/08/2025

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: PHILADELPHIA CITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2024
Closed on
Dec 31, 2024
Sold by
Cuellar Grecia
Bought by
Yu Joseph
Seller's Agent
Sarah Dickinson
Compass RE
Buyer's Agent
Stephanie Parker
Keller Williams Real Estate-Blue Bell
List Price
$460,000
Sold Price
$440,000
Premium/Discount to List
-$20,000
-4.35%
Views
82
Current Estimated Value
$441,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,282
Avg. Annual Appreciation
-1.04%
Original Mortgage
$352,000
Outstanding Balance
$351,096
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$86,248

Purchase Details

Closed on
May 15, 2019
Sold by
Soltz Daniel Joseph and Soltz Selma Rubin
Bought by
Cuellar Grecia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $440,000 First City Abstract
Deed $230,000 First Amer Abstract Of Pa Ll
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $352,000 New Conventional
Previous Owner $223,500 New Conventional
Previous Owner $218,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2025 01/08/25 Sold $440,000 -2.2% $246 / Sq Ft
11/19/2024 11/19/24 Price Changed $449,900 -2.2% $252 / Sq Ft
10/16/2024 10/16/24 For Sale $460,000 -- $258 / 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 $3,632 $384,300 $76,860 $307,440
2024 $3,632 $384,300 $76,860 $307,440
2023 $3,632 $259,500 $51,900 $207,600
2022 $2,427 $214,500 $51,900 $162,600
2021 $4,082 $0 $0 $0
2020 $4,082 $0 $0 $0
2019 $3,610 $0 $0 $0
2018 $2,833 $0 $0 $0
2017 $2,877 $0 $0 $0
2016 $2,877 $0 $0 $0
2015 $2,726 $0 $0 $0
2014 -- $205,500 $44,204 $161,296
2012 -- $29,248 $4,008 $25,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2407482

Bright MLS

APN: 211532970