$152,000
SOLD FEB 19, 2025
-- Bed
-- Bath
1,440 Sq Ft
1,676 Sq Ft Lot

Recently Sold

$106 Per Sq Ft

16% Below List Price

76 Days on Market

Highlights

  • Straight Thru Architecture
  • Level Entry For Accessibility
  • Radiator

About This Home

As of February 2025

2 + 2 Twin Duplex with front porch, basement and backyard in Olney. Fully occupied with long term tenants. Rents are below market. Each unit is a 2 BD and 1 BA. In addition there is a full walk out front to back basement with separate entry which is a benefit. Whether you are an owner occupant who is looking to live in one unit and rent out others to help with a mortgage payment or an investor looking for a prime investment opportunity, this property can be an excellent choice for both. Conveniently located in desirable Olney area close to public transportation, shopping, and major roads.

Last Agent to Sell the Property

Alexander Molinski

Elite Realty Group Unl. Inc. Listed on: 11/01/2024

Last Buyer's Agent

Luis Maldonado

RE/MAX Affiliates License #RS313805

RE/MAX Affiliates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,620

Year Built

  • Built in 1935

Lot Details

  • 1,676 Sq Ft Lot
  • Lot Dimensions are 19.00 x 88.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Straight Thru Architecture
  • Masonry

Interior Spaces

  • 1,440 Sq Ft Home
  • Basement Fills Entire Space Under The House

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Radiator
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Olney Subdivision

Listing and Financial Details

  • Tax Lot 182
  • Assessor Parcel Number 491448600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,620

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Straight Thru
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: Tenant's personal property
  • New Construction: No
  • Year Built: 1935
  • Automatically Close On Close Date: No
  • Remarks Public: 2 + 2 Twin Duplex with front porch, basement and backyard in Olney. Fully occupied with long term tenants. Rents are below market. Each unit is a 2 BD and 1 BA. In addition there is a full walk out front to back basement with separate entry which is a benefit. Whether you are an owner occupant who is looking to live in one unit and rent out others to help with a mortgage payment or an investor looking for a prime investment opportunity, this property can be an excellent choice for both. Conveniently located in desirable Olney area close to public transportation, shopping, and major roads.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1440
  • Living Area Sq Ft: 1440
  • Price Per Sq Ft: 117.98
  • Above Grade Finished Sq Ft: 1440
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4759

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: Natural Gas
  • Heating Type: Radiator
  • 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: H30
  • Lot Size Acres: 0.04
  • Lot Dimensions: 19.00 x 88.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1676.00
  • Year Assessed: 2024
  • Zoning: RSA5

Rental Info

  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 907.00
  • Tax Annual Amount: 1620.00
  • Assessor Parcel Number: 491448600
  • Tax Lot: 182
  • Tax Total Finished Sq Ft: 1440
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 02/19/2025

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: PHILADELPHIA CITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Feb 19, 2025
Sold by
Lavy Investments Llc
Bought by
Mendozas Llc
Seller's Agent
Alexander Molinski
Elite Realty Group Unl. Inc.
Buyer's Agent
Luis Maldonado
RE/MAX Affiliates
List Price
$179,888
Sold Price
$152,000
Premium/Discount to List
-$27,888
-15.5%
Views
22
Current Estimated Value
$160,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,752
Avg. Annual Appreciation
13.04%

Purchase Details

Listed on
Feb 24, 2020
Closed on
Aug 12, 2020
Sold by
Sandford Jay and Sanford Jay
Bought by
Lavy Investments Llc
Seller's Agent
Lou Reyes III
Coldwell Banker Realty
Buyer's Agent
Alexander Molinski
Elite Realty Group Unl. Inc.
List Price
$125,000
Sold Price
$118,000
Premium/Discount to List
-$7,000
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%

Purchase Details

Closed on
Aug 5, 1986
Bought by
Sanford Jay Walter and Sandford Harret
Source: Public Records

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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 $152,000 None Listed On Document
Deed $118,000 None Available
Quit Claim Deed $9,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $93,600 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2025 02/19/25 Sold $152,000 -10.5% $106 / Sq Ft
01/16/2025 01/16/25 Pending -- -- --
11/21/2024 11/21/24 Price Changed $169,888 -5.6% $118 / Sq Ft
11/01/2024 11/01/24 For Sale $179,888 +52.4% $125 / Sq Ft
08/14/2020 08/14/20 Sold $118,000 -5.6% $82 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
04/22/2020 04/22/20 For Sale $125,000 0.0% $87 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $125,000 -- $87 / 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 $1,621 $171,900 $34,380 $137,520
2024 $1,621 $171,900 $34,380 $137,520
2023 $1,621 $115,800 $23,160 $92,640
2022 $1,621 $115,800 $23,160 $92,640
2021 $1,244 $0 $0 $0
2020 $1,244 $0 $0 $0
2019 $1,239 $0 $0 $0
2018 $1,181 $0 $0 $0
2017 $1,181 $0 $0 $0
2016 $1,181 $0 $0 $0
2015 $1,131 $0 $0 $0
2014 -- $84,400 $8,044 $76,356
2012 -- $9,152 $2,082 $7,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2415518

Bright MLS

APN: 491448600