NOT LISTED FOR SALE

Estimated Value: $431,000 - $456,000

-- Bed
2 Baths
2,660 Sq Ft
$168/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $430,000 $162 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,860/month

34 Days on Market

About This Home

As of May 2024

This well-maintained duplex has super-spacious units with balconies, on-site laundry, separate utilities and a bonus studio/maker space with private entrance in the basement. It’s a no-brainer for any investor, and with each unit clocking in at around 1,300sf it’s a great option for someone looking to move in for the long haul and let the tenant cover a large portion of the monthly payment–and a dream come true for creatives looking for a live/work setup. The apartments offer recessed lighting in high ceilings, newer low-maintenance luxury vinyl plank flooring, ceramic tile kitchens and baths, coffered ceilings and gorgeous original doors with leaded glass that lead to spacious and charming balconies. Both have identical layouts with three bedrooms and a bathroom off a long hallway leading to the main living space, kitchen and an adjoining good-sized “flex” room with plenty of possibilities. With a window and a closet, this could easily be a fourth bedroom or home office, or used to make up for somewhat limited cabinet space–or even allow for a kitchen expansion down the road. Fire escapes off the kitchen have room for a small grill. In the basement there’s shared laundry, a water closet and access to the workspace currently set up with soundproofing as a music studio. Unit 1 is rented for $1,500/mo with the same projected for Unit 2, which was left vacant for a potential owner occupant buyer. The central Walnut Hill location puts you in a great neighborhood in its own right, as well as being super convenient to both University City and Center City.

Last Agent to Sell the Property

BRANNON JOHN

KW Empower Listed on: 02/21/2024

KW Empower

Last Buyer's Agent

Benjamin Camp

Elfant Wissahickon-Rittenhouse Square

Elfant Wissahickon-Rittenhouse Square

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,186

Year Built

  • Built in 1925

Lot Details

  • 1,706 Sq Ft Lot
  • Lot Dimensions are 20.00 x 88.00

Parking

  • On-Street Parking

Home Design

  • 2,660 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Masonry

Utilities

  • Radiator
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 67
  • Assessor Parcel Number 601012600

Community Details

Overview

  • 2 Units
  • Walnut Hill Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,186

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: Traditional
  • Ownership: Fee Simple
  • Exclusions: tenants' personal property
  • New Construction: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Remarks Public: This well-maintained duplex has super-spacious units with balconies, on-site laundry, separate utilities and a bonus studio/maker space with private entrance in the basement. It’s a no-brainer for any investor, and with each unit clocking in at around 1,300sf it’s a great option for someone looking to move in for the long haul and let the tenant cover a large portion of the monthly payment–and a dream come true for creatives looking for a live/work setup. The apartments offer recessed lighting in high ceilings, newer low-maintenance luxury vinyl plank flooring, ceramic tile kitchens and baths, coffered ceilings and gorgeous original doors with leaded glass that lead to spacious and charming balconies. Both have identical layouts with three bedrooms and a bathroom off a long hallway leading to the main living space, kitchen and an adjoining good-sized “flex” room with plenty of possibilities. With a window and a closet, this could easily be a fourth bedroom or home office, or used to make up for somewhat limited cabinet space–or even allow for a kitchen expansion down the road. Fire escapes off the kitchen have room for a small grill. In the basement there’s shared laundry, a water closet and access to the workspace currently set up with soundproofing as a music studio. Unit 1 is rented for $1,500/mo with the same projected for Unit 2, which was left vacant for a potential owner occupant buyer. The central Walnut Hill location puts you in a great neighborhood in its own right, as well as being super convenient to both University City and Center City.
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Total Sq Ft: 2660
  • Living Area Sq Ft: 2660
  • Price Per Sq Ft: 178.57
  • Above Grade Finished Sq Ft: 2660
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4943

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, Natural Gas
  • Heating Type: Baseboard - Electric, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: 3rd Party

Lot Info

  • Land Use Code: W30
  • Lot Size Acres: 0.04
  • Lot Dimensions: 20.00 x 88.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1706.00
  • Year Assessed: 2023
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2845.00
  • Tax Annual Amount: 5186.00
  • Assessor Parcel Number: 601012600
  • Tax Lot: 67
  • Tax Total Finished Sq Ft: 2660
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/01/2024

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Apr 24, 2024
Sold by
Adels Gabriel
Bought by
Fabiyi Janet M and Fabiyi Aiyeyimika I
Seller's Agent
BRANNON JOHN
KW Empower
Buyer's Agent
Benjamin Camp
Elfant Wissahickon-Rittenhouse Square
List Price
$475,000
Sold Price
$430,000
Premium/Discount to List
-$45,000
-9.47%
Views
22
Current Estimated Value
$445,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,572
Avg. Annual Appreciation
1.22%
Original Mortgage
$301,000
Outstanding Balance
$296,986
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$139,913

Purchase Details

Listed on
Apr 27, 2018
Closed on
Jun 8, 2018
Sold by
Andromeda Holdings Llc
Bought by
Adels Garbiel
Seller's Agent
John Peitler
Diversified Residential and Commercial Services Inc
Buyer's Agent
Holly Mack-Ward
Elfant Wissahickon-Rittenhouse Square
List Price
$309,000
Sold Price
$300,000
Premium/Discount to List
-$9,000
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.32%
Original Mortgage
$240,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2011
Sold by
Habana Holding Corp
Bought by
Andromeda Holdings Llc

Purchase Details

Closed on
Apr 29, 2011
Sold by
Stukes Christian
Bought by
Habana Holding Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.76%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 15, 1996
Sold by
William Lee Corp
Bought by
Stukes Christian
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
Fabiyi Janet M $430,000 None Listed On Document
Adels Garbiel $300,000 Title Services
Andromeda Holdings Llc $70,000 None Available
Habana Holding Corp $50,000 None Available
Stukes Christian $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fabiyi Janet M $301,000
Previous Owner Adels Garbiel $240,000
Previous Owner Habana Holding Corp $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $430,000 -9.5% $162 / Sq Ft
02/21/2024 02/21/24 For Sale $475,000 +58.3% $179 / Sq Ft
06/18/2018 06/18/18 Sold $300,000 -2.9% $113 / Sq Ft
04/27/2018 04/27/18 For Sale $309,000 0.0% $116 / Sq Ft
09/01/2014 09/01/14 Rented $1,000 -20.0% --
08/25/2014 08/25/14 Under Contract -- -- --
06/23/2014 06/23/14 For Rent $1,250 -- --
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 $5,186 $470,900 $94,180 $376,720
2024 $5,186 $470,900 $94,180 $376,720
2023 $5,186 $370,500 $74,100 $296,400
2022 $3,602 $325,500 $74,100 $251,400
2021 $4,232 $0 $0 $0
2020 $4,232 $0 $0 $0
2019 $4,073 $0 $0 $0
2018 $1,062 $0 $0 $0
2017 $1,062 $0 $0 $0
2016 $1,062 $0 $0 $0
2015 $1,654 $0 $0 $0
2014 -- $123,400 $16,743 $106,657
2012 -- $13,376 $2,675 $10,701
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2323650

Bright MLS

APN: 601012600