NOT LISTED FOR SALE

Estimated Value: $170,000 - $191,000

-- Bed
2 Baths
3,450 Sq Ft
$53/Sq Ft Est. Value

Last Sold January 08, 2020

Last sale price $120,000 $35 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,149/month

About This Home

As of January 2020

(Mulberry - (Duplex) - Opportunity Zone! Stabilized with $16,000 potential annual gross rents and low taxes and insurance, results in high ROI. Renovated in 2017. Steady demand from tenants. Professionally managed by TCS Management. Sold "as-is . Unit #1 has rented for $650 and unit #2 for $675. Annual taxes $1,125 and insurance $943. Photos taken in 2017. Square footage and year built taken from Zillow and may not be accurate.

Last Agent to Sell the Property

Sidney Shauy

(973) 888-9367 sidneysbox-1@yahoo.com Mercury Real Estate Group License #RSR003413 Listed on: 06/16/2019

Last Buyer's Agent

Rick Cummings

(267) 879-7434 cummingsRMC@aol.com RE/MAX Affiliates License #RS285551

RE/MAX Affiliates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,184

Year Built

  • Built in 1925

Lot Details

  • 2,042 Sq Ft Lot
  • Lot Dimensions are 20.00 x 102.09

Parking

  • On-Street Parking

Home Design

  • 3,450 Sq Ft Home
  • Duplex
  • Converted Dwelling
  • Masonry

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 139
  • Assessor Parcel Number 232309800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,184

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Remarks Public: (Mulberry - (Duplex) - Opportunity Zone! Stabilized with $16,000 potential annual gross rents and low taxes and insurance, results in high ROI. Renovated in 2017. Steady demand from tenants. Professionally managed by TCS Management. Sold "as-is . Unit #1 has rented for $650 and unit #2 for $675. Annual taxes $1,125 and insurance $943. Photos taken in 2017. Square footage and year built taken from Zillow and may not be accurate.
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3450
  • Living Area Sq Ft: 3450
  • Price Per Sq Ft: 36.06
  • Above Grade Finished Sq Ft: 3450
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4670

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • 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: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: 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: 68610.00
  • Land Assessed Value: 15990.00
  • Land Use Code: N30
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20.00 x 102.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2042.00
  • Year Assessed: 2020
  • Zoning: RSA5

Rental Info

  • Total Actual Rent: 16000.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1021205
  • School Tax: 650.00
  • Tax Annual Amount: 1184.00
  • Assessor Parcel Number: 232309800
  • Tax Lot: 139
  • Tax Total Finished Sq Ft: 3450
  • Tax Data Updated: Yes
  • Tax Year: 2020
  • Close Date: 01/08/2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2019
Closed on
Jan 7, 2020
Sold by
Investrealty Iii Llc
Bought by
Powers Kevin R
Seller's Agent
Sidney Shauy
Mercury Real Estate Group
Buyer's Agent
Rick Cummings
RE/MAX Affiliates
List Price
$124,400
Sold Price
$120,000
Premium/Discount to List
-$4,400
-3.54%
Current Estimated Value
$183,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,566
Avg. Annual Appreciation
7.59%
Original Mortgage
$117,826
Outstanding Balance
$104,404
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$79,162

Purchase Details

Closed on
May 22, 2017
Sold by
Philly Acquisitions Llc
Bought by
Investrealty Iii Llc

Purchase Details

Closed on
May 11, 2017
Sold by
Wilmington Savings Fund Society
Bought by
Philly Acquisitions Llc

Purchase Details

Closed on
Mar 31, 2017
Sold by
Williams Jewell
Bought by
Nationstar Hecm Acquisition Trust and Wilmington Savings Fund Society Fsb

Purchase Details

Closed on
Jan 19, 2005
Sold by
Williams Robert and Estate Of Walter Williams
Bought by
Williams Robert
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Powers Kevin R $120,000 Sienna Abstract Llc
Investrealty Iii Llc $37,000 Equity One Abstract Llc
Philly Acquisitions Llc $29,900 Equity One Abstract Llc
Nationstar Hecm Acquisition Trust $40,000 None Available
Williams Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powers Kevin R $117,826
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2020 01/08/20 Sold $120,000 -3.5% $35 / Sq Ft
11/06/2019 11/06/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $124,400 +3.7% $36 / Sq Ft
10/02/2019 10/02/19 Off Market $120,000 -- --
09/13/2019 09/13/19 Price Changed $124,900 -3.8% $36 / Sq Ft
07/18/2019 07/18/19 Price Changed $129,900 -3.8% $38 / Sq Ft
06/16/2019 06/16/19 For Sale $135,000 -- $39 / 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 $2,254 $170,700 $34,140 $136,560
2024 $2,254 $170,700 $34,140 $136,560
2023 $2,254 $161,000 $32,200 $128,800
2022 $1,184 $161,000 $32,200 $128,800
2021 $1,184 $0 $0 $0
2020 $1,184 $0 $0 $0
2019 $1,137 $0 $0 $0
2018 $1,740 $0 $0 $0
2017 $1,740 $0 $0 $0
2016 $1,320 $0 $0 $0
2015 $1,264 $0 $0 $0
2014 -- $124,300 $21,762 $102,538
2012 -- $5,632 $938 $4,694
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH791174

Bright MLS

APN: 232309800