NOT LISTED FOR SALE

489 Pinewood Rd Philadelphia, PA 19116

Somerton Neighborhood

Estimated Value: $518,000 - $550,000

4 Beds
2.5 Baths
2,182 Sq Ft
$243/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $515,000 $236 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,231/month

Highlights

  • Traditional Architecture
  • No HOA
  • Eat-In Kitchen
  • Solid Hardwood Flooring
  • 1 Car Direct Access Garage
  • Back, Front, and Side Yard

About This Home

As of May 2022

**PRICE REDUCED** Don't miss the opportunity!! Here's your chance to own a well-maintained Single with 4 Beds and 2.5 Baths in the highly desirable Somerton section of the far northeast. Great location!!! The main level consists of a large living room, kitchen, breakfast area, family room, bedroom, and powder room. Family room includes a gas fireplace to warm up cozy winter nights.. Access to the patio and backyard for summer-long activities. Take a flight upstairs, you will find 3 nice size bedrooms, a Master bath, and a three-piece hallway bathroom. A finished basement is available for entertainment or storage. Walking distance to shopping malls, schools, and public transportation. Schedule your appointment today!!

Last Agent to Sell the Property

Marshel Varghese

(267) 738-4056 marshal4re@gmail.com Market Force Realty License #RS317721 Listed on: 03/31/2022

Market Force Realty

Last Buyer's Agent

Alena Stolyar

(215) 669-7658 alena@askalena.com Elite Realty Group Unl. Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,304

Year Built

  • Built in 1962

Lot Details

  • 6,090 Sq Ft Lot
  • Lot Dimensions are 58.00 x 105.00
  • Back, Front, and Side Yard
  • Property is in excellent condition
  • Property is zoned RSD3

Parking

  • 1 Car Direct Access Garage
  • Lighted Parking
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Split Level Home
  • Brick Exterior Construction
  • Shingle Roof
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,182 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Stone Fireplace
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Solid Hardwood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-in Shower

Basement

  • Partial Basement
  • Laundry in Basement

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Somerton Subdivision

Listing and Financial Details

  • Tax Lot 176
  • Assessor Parcel Number 582356600

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,304

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional, Split Level
  • Ownership: Fee Simple
  • Exclusions: Chest Freezer
  • Home Warranty: No
  • Inclusions: washer,dryer,refrigerator
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1962
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal
  • Flooring Type: Tile/Brick, Carpet, Solid Hardwood
  • Interior Amenities: Primary Bath(s), Ceiling Fan(s), Stall Shower, Kitchen - Eat-In
  • Fireplace Features: Stone
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen, Family Room, Basement
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Basement
  • Total Sq Ft: 2182
  • Living Area Sq Ft: 2182
  • Price Per Sq Ft: 240.56
  • Above Grade Finished Sq Ft: 2182
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Stone
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Concrete Driveway, Lighted Parking
  • Garage Features: Built In, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Attached Garage

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 215250.00
  • Land Assessed Value: 92250.00
  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.14
  • Lot Dimensions: 58.00 x 105.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6090.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Excellent
  • Zoning: RSD3

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 1311816
  • School Tax: 2361.00
  • Tax Annual Amount: 4304.00
  • Assessor Parcel Number: 582356600
  • Tax Lot: 176
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
May 31, 2022
Sold by
Abraham Jacob
Bought by
Cherian Sinju Mathew and Thomas Dynu Maria
Seller's Agent
Marshel Varghese
Market Force Realty
Buyer's Agent
Alena Stolyar
Elite Realty Group Unl. Inc.
List Price
$524,900
Sold Price
$515,000
Premium/Discount to List
-$9,900
-1.89%
Current Estimated Value
$531,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,197
Avg. Annual Appreciation
0.91%
Original Mortgage
$419,920
Outstanding Balance
$398,959
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$132,238

Purchase Details

Closed on
Oct 20, 2003
Sold by
Richter Sylvan I
Bought by
Jacob Abraham and Abraham Bindu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2003
Sold by
Richter Ronald L
Bought by
Richter Sylvan L

Purchase Details

Closed on
Jun 17, 2002
Sold by
Richter Sylvan I
Bought by
Richter Sylvan I and Richter Ronald L

Purchase Details

Closed on
May 11, 2000
Sold by
Richter Sylvan I and Richter Arlene D
Bought by
Richter Sylvan I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8.12%

Purchase Details

Closed on
Dec 6, 1994
Sold by
Richter Arlene D
Bought by
Richter Sylvan I and Richter Arlene D
Source: Public Records

Range of Values:

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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
Cherian Sinju Mathew -- None Listed On Document
Jacob Abraham $270,000 First American Title Ins Co
Richter Sylvan L -- --
Richter Sylvan I -- --
Richter Sylvan I -- --
Richter Sylvan I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cherian Sinju Mathew $419,920
Previous Owner Jacob Abraham $256,500
Previous Owner Richter Sylvan I $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2022 05/31/22 Sold $515,000 -1.9% $236 / Sq Ft
04/19/2022 04/19/22 For Sale $524,900 +1.9% $241 / Sq Ft
04/15/2022 04/15/22 Off Market $515,000 -- --
04/13/2022 04/13/22 Pending -- -- --
04/11/2022 04/11/22 Price Changed $524,900 -4.5% $241 / Sq Ft
03/31/2022 03/31/22 For Sale $549,900 -- $252 / 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 $5,339 $452,800 $90,560 $362,240
2024 $5,339 $452,800 $90,560 $362,240
2023 $5,339 $381,400 $76,280 $305,120
2022 $3,674 $336,400 $76,280 $260,120
2021 $4,304 $0 $0 $0
2020 $4,304 $0 $0 $0
2019 $4,121 $0 $0 $0
2018 $3,807 $0 $0 $0
2017 $3,807 $0 $0 $0
2016 $3,388 $0 $0 $0
2015 $3,243 $0 $0 $0
2014 -- $272,000 $150,423 $121,577
2012 -- $36,704 $6,480 $30,224
Source: Public Records

Agents Affiliated with this Home

  • Marshel Varghese

    Seller's Agent in 2022

    Marshel Varghese

    Market Force Realty

    (267) 738-4056

    12 in this area

    76 Total Sales

    Marshel Varghese
    Section Image
  • Alena Stolyar

    Buyer's Agent in 2022

    Alena Stolyar

    RE/MAX

    (215) 669-7658

    5 in this area

    163 Total Sales

    Alena Stolyar
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2099134

Bright MLS

APN: 582356600

Pennsylvania Philadelphia County Philadelphia 19116 Somerton

489 Pinewood Rd, Philadelphia, PA

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