NOT LISTED FOR SALE

Estimated Value: $125,443 - $219,000

-- Bed
1 Bath
1,478 Sq Ft
$103/Sq Ft Est. Value

Last Sold May 01, 2018

Last sale price $68,000 $46 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $956/month

14 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Gas

About This Home

As of May 2018

A money maker townrow property being used as a "Rooming House" for profit in the Logan area of Philadelphia. The property has an open front porch, front doors lead to a common kitchen area (which was the living room) for tenants. On the same first floor, there is a 1 bedroom apt with bath and kitchen and exit to outside for private use. The 1 bedroom apt is being rented for $650 per month. The upstairs offer 4 bedrooms, the front bedroom is spacious and rent for $525 per month, 2 nice sized rooms are rented for $500 and $400 per month and the back room which is the largest for $600 per month. A grand profit of approx $2600 per month of total income from property. There is basement full and unfinished, updated heater and electric box (100 amp) and exit to outside. Buyer has the options to have the property vacated before settlement. Owner pays utilities, approx $1200 for water, approx. $1800 for electric, $2500 for gas each year.

Last Agent to Sell the Property

Marisa Mango

Mango & August Inc Listed on: 01/23/2018

Last Buyer's Agent

Marisa Mango

Mango & August Inc Listed on: 01/23/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,072

Year Built

  • Built in 1935

Lot Details

  • 1,318 Sq Ft Lot
  • Lot Dimensions are 16x85

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,478 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 194
  • Assessor Parcel Number 491407700

Community Details

Overview

  • No Home Owners Association
  • Logan Subdivision

Building Details

  • Electric Expense $1,800
  • Operating Expense $6,572

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,072

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1935
  • Remarks Public: A money maker townrow property being used as a "Rooming House" for profit in the Logan area of Philadelphia. The property has an open front porch, front doors lead to a common kitchen area (which was the living room) for tenants. On the same first floor, there is a 1 bedroom apt with bath and kitchen and exit to outside for private use. The 1 bedroom apt is being rented for $650 per month. The upstairs offer 4 bedrooms, the front bedroom is spacious and rent for $525 per month, 2 nice sized rooms are rented for $500 and $400 per month and the back room which is the largest for $600 per month. A grand profit of approx $2600 per month of total income from property. There is basement full and unfinished, updated heater and electric box (100 amp) and exit to outside. Buyer has the options to have the property vacated before settlement. Owner pays utilities, approx $1200 for water, approx. $1800 for electric, $2500 for gas each year.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1478
  • Living Area Sq Ft: 1478
  • Price Per Sq Ft: 54.06
  • Above Grade Finished Sq Ft: 1478
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4636

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • 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

  • Annual Heating Expense: 2500.00
  • Central Air Conditioning: No
  • Electric Expense: 1800.00
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1200.00
  • 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: 65110.00
  • Land Assessed Value: 11490.00
  • Land Use Code: O30
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16X85
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1318.00
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 31200.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
  • Single Room Units Count: 4

Tax Info

  • Assessor Parcel Number: 1232236
  • Tax Annual Amount: 1072.00
  • Assessor Parcel Number: 491407700
  • Tax Lot: 194
  • Tax Year: 2018
  • Close Date: 05/01/2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2015
Sold by
Floyd Ruby L and Tucker Iris M
Bought by
Banks Juanita
Current Estimated Value
$152,611

Purchase Details

Closed on
Apr 7, 2015
Sold by
Ruff Chelda A
Bought by
Floyd Ruby L and Tucker Iris M

Purchase Details

Closed on
Apr 10, 2009
Sold by
Ruff Chelda A and Tucker Iris M
Bought by
Floyd Ruby L and Tucker Iris M

Purchase Details

Closed on
Aug 20, 2008
Sold by
Floyd Ruby L
Bought by
Ruff Chelda A and Tucker Iris M
Source: Public Records

Range of Values:

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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
Banks Juanita $30,000 None Available
Floyd Ruby L -- None Available
Floyd Ruby L -- None Available
Ruff Chelda A -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2018 05/01/18 Sold $68,000 -14.9% $46 / Sq Ft
04/02/2018 04/02/18 Price Changed $79,900 0.0% $54 / Sq Ft
02/06/2018 02/06/18 Pending -- -- --
01/23/2018 01/23/18 For Sale $79,900 -- $54 / 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 $1,512 $146,800 $29,360 $117,440
2024 $1,512 $146,800 $29,360 $117,440
2023 $1,512 $108,000 $21,600 $86,400
2022 $1,226 $108,000 $21,600 $86,400
2021 $1,226 $0 $0 $0
2020 $1,226 $0 $0 $0
2019 $1,139 $0 $0 $0
2018 $1,072 $0 $0 $0
2017 $1,072 $0 $0 $0
2016 $1,057 $0 $0 $0
2015 $1,026 $0 $0 $0
2014 -- $76,600 $7,246 $69,354
2012 -- $5,632 $1,047 $4,585
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1005198085

Bright MLS

APN: 491407700