NOT LISTED FOR SALE

Estimated Value: $663,000 - $805,000

-- Bed
-- Bath
2,640 Sq Ft
$286/Sq Ft Est. Value

Last Sold September 17, 2018

Last sale price $505,000 $191 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,565/month

Highlights

  • Wood Flooring
  • 2-minute walk to Baltimore Avenue And 47Th Street
  • Baseboard Heating
  • No HOA
  • En-Suite Primary Bedroom

About This Home

As of September 2018

Just updated and fully rewired (with separate utilities and systems), income-producing duplex on a tree-lined street in University City. Ideal rental building that consists of one 4-bedroom/4-bath unit and one 2-bedroom/2-bath unit. Tenants maximize privacy and you maximize rents as each bedroom is set up as its own private suite. Unit #1 is a bi-level with three separate entrances and two kitchens. The two suites on the first floor each have their own private entrance and newly renovated private bath. They share a kitchen and dining area. All other space is private to each tenant. The first floor front enters through the porch and the first floor rear also has private use of the huge rear yard. The 2nd floor has its own private entrance and two more private suites, each with its own renovated full bath. A shared kitchen and dining area. Unit #2 has a similar set up, with two private suites and common kitchen and dining. All six(6) suites have great space and character. In addition to the above, this space can be configured in multiple ways. Perfect for turnkey investment or for an owner occupant. Owner occupant could live in #2 and rent #1. Or turn #1 into a 3 bedroom with open living room (wall can easily be removed) and rent #2. This is an awesome property that provides substantial income and options. Excellent location--Close to Clark Park and its fabulous Farmers' Market, many restaurants, coffee shops, shopping, the University City Swim Club, Mariposa Food Co-op, and so much more. Near HUP, CHOP, Penn, Drexel, The University of Sciences. 12 minutes to Center City by car or bike and plenty of convenient SEPTA options. Less than 1 block to the Penn Bus West.

Last Agent to Sell the Property

Jeff Block

(215) 833-7088 jeff@jeffcityblock.com Compass RE License #AB065556 Listed on: 06/22/2018

Compass RE

Last Buyer's Agent

lindsey O'Rourke

(215) 680-2923 lindseyorourke29@gmail.com Circle Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,148

Year Built

  • Built in 1918

Lot Details

  • 2,205 Sq Ft Lot
  • Lot Dimensions are 21x105

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,640 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 94
  • Assessor Parcel Number 461066300

Community Details

Overview

  • No Home Owners Association
  • University City Subdivision

Building Details

  • Operating Expense $4,148

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,148

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: All Existing Appliances.
  • New Construction: No
  • Year Built: 1918
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Wood
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Washer In Unit
  • Total Sq Ft: 2640
  • Living Area Sq Ft: 2640
  • Price Per Sq Ft: 202.65
  • Above Grade Finished Sq Ft: 2640
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4706

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

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Electric, Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • 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

  • Land Use Code: N50
  • Lot Size Acres: 0.05
  • Lot Dimensions: 21X105
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2205.00
  • Zoning: RSA3

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 4148.00
  • Assessor Parcel Number: 461066300
  • Tax Lot: 94
  • Tax Year: 2018
  • Close Date: 09/17/2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2018
Closed on
Sep 8, 2018
Sold by
Cui Zheng and Zhu Ruigang
Bought by
Soco Properties Ii Llc
Seller's Agent
Jeff Block
Compass RE
Buyer's Agent
lindsey O'Rourke
Circle Real Estate, LLC
List Price
$555,000
Sold Price
$505,000
Premium/Discount to List
-$50,000
-9.01%
Current Estimated Value
$754,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,920
Avg. Annual Appreciation
5.52%
Original Mortgage
$337,500
Outstanding Balance
$299,075
Interest Rate
4.7%
Mortgage Type
Commercial
Estimated Equity
$436,820

Purchase Details

Listed on
May 16, 2017
Closed on
Jun 29, 2017
Sold by
Chiula Jesse
Bought by
Cui Zheng and Zhu Ruigang
Seller's Agent
Jeff Block
Compass RE
Buyer's Agent
Jeff Block
Compass RE
List Price
$360,000
Sold Price
$390,000
Premium/Discount to List
$30,000
8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.59%

Purchase Details

Closed on
Oct 12, 2001
Sold by
Coffey John J
Bought by
Chiula Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,100
Interest Rate
6.93%
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
Soco Properties Ii Llc $505,000 None Available
Cui Zheng $390,000 None Available
Chiula Jesse $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soco Properties Ii Llc $337,500
Previous Owner Chiula Jesse $250,250
Previous Owner Chiula Jesse $200,000
Previous Owner Chiula Jesse $125,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2018 09/17/18 Sold $505,000 -5.6% $191 / Sq Ft
08/19/2018 08/19/18 Pending -- -- --
08/06/2018 08/06/18 Price Changed $535,000 -3.6% $203 / Sq Ft
06/22/2018 06/22/18 For Sale $555,000 +42.3% $210 / Sq Ft
06/29/2017 06/29/17 Sold $390,000 +8.3% $148 / Sq Ft
05/21/2017 05/21/17 Pending -- -- --
05/16/2017 05/16/17 For Sale $360,000 -- $136 / 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 $6,515 $783,500 $156,700 $626,800
2024 $6,515 $783,500 $156,700 $626,800
2023 $6,515 $465,400 $93,080 $372,320
2022 $7,103 $465,400 $93,080 $372,320
2021 $7,103 $0 $0 $0
2020 $7,103 $0 $0 $0
2019 $5,589 $0 $0 $0
2018 $4,148 $0 $0 $0
2017 $4,148 $0 $0 $0
2016 $4,148 $0 $0 $0
2015 $5,308 $0 $0 $0
2014 -- $396,100 $69,136 $326,964
2012 -- $30,752 $6,447 $24,305
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001925274

Bright MLS

APN: 461066300