NOT LISTED FOR SALE

Estimated Value: $791,000 - $906,000

-- Bed
-- Bath
3,120 Sq Ft
$278/Sq Ft Est. Value

Last Sold June 28, 2016

Last sale price $475,000 $152 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $5,323/month

Highlights

  • No HOA
  • Heating System Uses Gas
  • 3-minute walk to Cat Park
  • En-Suite Primary Bedroom

About This Home

As of June 2016

Charming turn of the century end row home is close proximity to Drexel Student housing in Powelton Village. This property features a very large bi-level 3 bedroom, 1 tile bath downstairs rental unit with yard and an upstairs bi-level 5 bedroom, 2 tile bath, rental unit. This is a corner property so both units get excellent light and the property offers Victorian building elements with high ceilings and pine/oak floor and original woodwork and bay windows. Very large living rooms are offered in each unit. Each unit has been separated for heat and electric, with tile bathrooms and contemporary kitchens. The location is excellent for local rentals, with just a short walk to Drexel, HUP, Penn and public transportation. A very happening location!

Last Agent to Sell the Property

Arthur Bye

New Age Realty Group Inc Listed on: 11/01/2015

Last Buyer's Agent

Howard Kouan

Premium Realty Castor Inc License #RS331651

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,470

Year Built

  • Built in 1935

Lot Details

  • 2,121 Sq Ft Lot
  • Lot Dimensions are 22x95

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Stone Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 3,120 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Tax Lot 100
  • Assessor Parcel Number 242151900

Community Details

Overview

  • No Home Owners Association
  • Powelton Village Subdivision

Building Details

  • Operating Expense $4,279

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,470

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: Washer & Dryer
  • New Construction: No
  • Year Built: 1935
  • Remarks Public: Charming turn of the century end row home is close proximity to Drexel Student housing in Powelton Village. This property features a very large bi-level 3 bedroom, 1 tile bath downstairs rental unit with yard and an upstairs bi-level 5 bedroom, 2 tile bath, rental unit. This is a corner property so both units get excellent light and the property offers Victorian building elements with high ceilings and pine/oak floor and original woodwork and bay windows. Very large living rooms are offered in each unit. Each unit has been separated for heat and electric, with tile bathrooms and contemporary kitchens. The location is excellent for local rentals, with just a short walk to Drexel, HUP, Penn and public transportation. A very happening location!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Has Laundry
  • Total Sq Ft: 3120
  • Living Area Sq Ft: 3120
  • Price Per Sq Ft: 184.29
  • Above Grade Finished Sq Ft: 3120
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 500

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Stone
  • Construction Completed: No
  • 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: 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: 279873.00
  • Land Assessed Value: 39427.00
  • Land Use Code: U50
  • Lot Size Acres: 0.05
  • Lot Dimensions: 22X95
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2121.00
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 60600.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1028197
  • Tax Annual Amount: 4470.00
  • Assessor Parcel Number: 242151900
  • Tax Lot: 100
  • Tax Year: 2016
  • Close Date: 06/28/2016

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2015
Closed on
Jun 21, 2016
Sold by
Habboushe Fawzi and Habboushe Christa
Bought by
Lin Guang Wen
Seller's Agent
Arthur Bye
New Age Realty Group Inc
Buyer's Agent
Howard Kouan
Premium Realty Castor Inc
List Price
$575,000
Sold Price
$475,000
Premium/Discount to List
-$100,000
-17.39%
Current Estimated Value
$866,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,244
Avg. Annual Appreciation
6.25%
Original Mortgage
$285,000
Outstanding Balance
$232,178
Interest Rate
3.64%
Mortgage Type
Commercial
Estimated Equity
$599,210

Purchase Details

Closed on
May 31, 2002
Sold by
Holte Eric
Bought by
Habboushe Fawzi and Habboushe Christa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 30, 1998
Sold by
Cook Vaughn and Moore Randall W
Bought by
Holte Eric
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
Lin Guang Wen $475,000 None Available
Habboushe Fawzi $205,000 --
Holte Eric $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Guang Wen $285,000
Previous Owner Habboushe Joseph $192,500
Previous Owner Habboushe Fawzi $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2016 06/28/16 Sold $475,000 -17.4% $152 / Sq Ft
05/07/2016 05/07/16 Pending -- -- --
11/01/2015 11/01/15 For Sale $575,000 -- $184 / 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 $8,498 $1,045,300 $209,060 $836,240
2024 $8,498 $1,045,300 $209,060 $836,240
2023 $8,498 $607,100 $121,420 $485,680
2022 $8,848 $607,100 $121,420 $485,680
2021 $8,848 $0 $0 $0
2020 $8,848 $0 $0 $0
2019 $8,516 $0 $0 $0
2018 $4,470 $0 $0 $0
2017 $4,470 $0 $0 $0
2016 $4,470 $0 $0 $0
2015 $3,708 $0 $0 $0
2014 -- $319,300 $39,427 $279,873
2012 -- $16,128 $3,398 $12,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002761696

Bright MLS

APN: 242151900