NOT LISTED FOR SALE

4945 Florence Ave Philadelphia, PA 19143

Cedar Park Neighborhood

Estimated Value: $243,000 - $388,000

-- Bed
1 Bath
1,126 Sq Ft
$259/Sq Ft Est. Value

Last Sold May 20, 2015

Last sale price $95,000 $84 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $1,777/month

192 Days on Market

Highlights

  • No HOA
  • 2-minute walk to Baltimore Avenue And 49Th Street
  • 3-minute walk to Cedar Park
  • En-Suite Primary Bedroom
  • Heating System Uses Gas

About This Home

As of May 2015

Fannie Mae Homepath Property. Two story duplex consisting of a one bedroom apartment on the first floor and a two bedroom apartment on the 2nd floor. Wood laminate floors throughout. All separate utilities. Buyer is responsible for ordering the City Certification and any zoning issues. Buyer pays 100% Transfer Tax. Settlement is contingent upon the recording of the Sheriff's Deed. The seller has directed that all offers on the listing be made at website below. Seller makes no representations or warranties as to condition.

Last Agent to Sell the Property

Mitchell Cohen

Premier Real Estate Inc License #RM061436A Listed on: 10/10/2014

Last Buyer's Agent

Mitchell Cohen

Premier Real Estate Inc License #RM061436A Listed on: 10/10/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,443

Year Built

  • Built in 1924

Lot Details

  • 884 Sq Ft Lot
  • Lot Dimensions are 16x57

Parking

  • On-Street Parking

Home Design

  • 1,126 Sq Ft Home
  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 129
  • Assessor Parcel Number 511139700

Community Details

Overview

  • No Home Owners Association
  • Philadelphia Subdivision

Building Details

  • Operating Expense $1,443

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,443

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1924
  • Remarks Public: Fannie Mae Homepath Property. Two story duplex consisting of a one bedroom apartment on the first floor and a two bedroom apartment on the 2nd floor. Wood laminate floors throughout. All separate utilities. Buyer is responsible for ordering the City Certification and any zoning issues. Buyer pays 100% Transfer Tax. Settlement is contingent upon the recording of the Sheriff's Deed. The seller has directed that all offers on the listing be made at website below. Seller makes no representations or warranties as to condition.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: No
  • Total Sq Ft: 1126
  • Living Area Sq Ft: 1126
  • Price Per Sq Ft: 43.43
  • Above Grade Finished Sq Ft: 1126
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4945

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Flat
  • 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
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • 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

  • Improvement Assessed Value: 84994.00
  • Land Assessed Value: 22706.00
  • Land Use Code: O30
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16X57
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 884.00
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1248233
  • Tax Annual Amount: 1443.00
  • Assessor Parcel Number: 511139700
  • Tax Lot: 129
  • Tax Year: 2015
  • Close Date: 05/20/2015

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2016
Sold by
Nachman Lavian Nava and Nachman Nasiurzada
Bought by
Ofhir Ella Ludin
Current Estimated Value
$291,584

Purchase Details

Listed on
Oct 10, 2014
Closed on
May 12, 2015
Sold by
Fannie Mae
Bought by
Lavian Nava
Seller's Agent
Mitchell Cohen
Premier Real Estate Inc
Buyer's Agent
Mitchell Cohen
Premier Real Estate Inc
List Price
$48,900
Sold Price
$95,000
Premium/Discount to List
$46,100
94.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.48%

Purchase Details

Closed on
Aug 27, 2014
Sold by
Watson James
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 7, 2006
Sold by
Lamar Mark
Bought by
Watson James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 4, 2005
Sold by
Ftown Properties 3 Llc
Bought by
Lamar Mark

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
5.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 21, 2005
Sold by
Booker Jesse and Wells Fargo Bank Minnesota Na
Bought by
Ftown Properties 3 Llc

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
5.56%
Mortgage Type
Commercial
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
Ofhir Ella Ludin $130,000 I Abstract & Title Agency L
Lavian Nava $95,000 None Available
Federal National Mortgage Association -- --
Watson James $165,000 None Available
Lamar Mark $80,000 None Available
Ftown Properties 3 Llc $56,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watson James $132,000
Previous Owner Lamar Mark $50,000
Previous Owner Ftown Properties 3 Llc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2015 05/20/15 Sold $95,000 +94.3% $84 / Sq Ft
04/20/2015 04/20/15 Pending -- -- --
10/10/2014 10/10/14 For Sale $48,900 -- $43 / 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 $269,100 $53,800 $215,300
2024 $2,254 $269,100 $53,800 $215,300
2023 $2,254 $161,000 $32,200 $128,800
2022 $1,881 $161,000 $32,200 $128,800
2021 $1,881 $0 $0 $0
2020 $1,881 $0 $0 $0
2019 $1,811 $0 $0 $0
2018 $2,241 $0 $0 $0
2017 $2,241 $0 $0 $0
2016 $2,241 $0 $0 $0
2015 $1,443 $0 $0 $0
2014 -- $107,700 $22,706 $84,994
2012 -- $3,296 $884 $2,412
Source: Public Records

Agents Affiliated with this Home

  • Mitchell Cohen

    Seller's Agent in 2015

    Mitchell Cohen

    Premier Real Estate Inc

    (215) 732-5520

    221 Total Sales

    Mitchell Cohen
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Map

Source: Bright MLS

MLS Number: 1003114174

Bright MLS

APN: 511139700

Pennsylvania Philadelphia County Philadelphia 19143 Cedar Park

4945 Florence Ave, Philadelphia, PA

This home is located at 4945 Florence Ave, Philadelphia, PA 19143 since 10 October 2014 and is currently estimated at $291,584, approximately $258 per square foot. This property was built in 1924. 4945 Florence Ave is a home located in Philadelphia County with nearby schools including Avery D. Harrington School, William L. Sayre High School, and Hardy Williams Elementary.

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