NOT LISTED FOR SALE

502 S Melville St Philadelphia, PA 19143

Spruce Hill Neighborhood

Estimated Value: $514,000 - $641,000

4 Beds
1.5 Baths
2,064 Sq Ft
$273/Sq Ft Est. Value

Last Sold September 30, 2014

Last sale price $326,000 $158 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,491/month

Highlights

  • Straight Thru Architecture
  • 2-minute walk to Baltimore Avenue And 45Th Street
  • Skylights
  • Penn Alexander School Rated A-
  • No HOA
  • 1 Car Attached Garage

About This Home

As of September 2014

2 Story Spruce Hill twin is Penn Alexander eligible. The enclosed porch has a view of Larchwood Avenue. Then, a larger living room leads to a dining room with crown moldings and mirrored doors. The contemporary open floor plan admits more light straight through to the Island kitchen. On the 2nd floor, find 3 full bedrooms and a smaller study. The full bath features a skylight. A garage at the rear of the house has an extra parking space in the driveway. The deeper basement has a 2nd gardener's comode. OPEN HOUSE Saturday (5/10/14) at Noon. Come see it on the way to the May Fair!

Last Agent to Sell the Property

Grace O'Donnell

godonnell@pre215.com Philadelphia Realty Exchange Listed on: 05/05/2014

Last Buyer's Agent

Grace O'Donnell

godonnell@pre215.com Philadelphia Realty Exchange Listed on: 05/05/2014

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,018

Year Built

  • Built in 1924

Lot Details

  • 1,840 Sq Ft Lot
  • Lot Dimensions are 16x115
  • Property is in good condition

Parking

  • 1 Car Attached Garage

Home Design

  • Straight Thru Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • 2,064 Sq Ft Home
  • Property has 2 Levels
  • Ceiling height of 9 feet or more
  • Skylights
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Unfinished Basement

  • Partial Basement
  • Laundry in Basement

Schools

  • Penn Alexander Elementary School

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • University City Subdivision

Listing and Financial Details

  • Tax Lot 64
  • Assessor Parcel Number 461160200

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,018

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Island, Skylight(s), Kitchen - Eat-In
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Stone
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 2064
  • Living Area Sq Ft: 2064
  • Net Sq Ft: 2064.00
  • Price Per Sq Ft: 164.24
  • Above Grade Finished Sq Ft: 2064
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

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 Spaces: 1.00
  • Garage: Yes
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water
  • 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

  • Elementary School: PENN ALEXANDER SCHOOL

Lot Info

  • Improvement Assessed Value: 316540.00
  • Land Assessed Value: 57960.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 16X115
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1840.00
  • Property Condition: Good
  • Zoning: R9A

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1215569
  • Tax Annual Amount: 5018.00
  • Assessor Parcel Number: 461160200
  • Tax Lot: 64
  • Tax Year: 2014

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2014
Closed on
Sep 29, 2014
Sold by
Mandel Mark
Bought by
Wang Xuhong and Cao Guoyun
Seller's Agent
Grace O'Donnell
Philadelphia Realty Exchange
Buyer's Agent
Grace O'Donnell
Philadelphia Realty Exchange
List Price
$339,000
Sold Price
$326,000
Premium/Discount to List
-$13,000
-3.83%
Current Estimated Value
$564,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,424
Avg. Annual Appreciation
5.08%
Original Mortgage
$228,200
Outstanding Balance
$175,077
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$389,347

Purchase Details

Closed on
Aug 26, 2003
Sold by
Bye Arthur E and Eldridge Janice V
Bought by
Mandel Mark A and Mandel Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,700
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Wang Xuhong $326,000 Olde City Abstract Inc
Mandel Mark A $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Xuhong $228,200
Previous Owner Mandel Mark A $276,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2014 09/30/14 Sold $326,000 -3.8% $158 / Sq Ft
09/10/2014 09/10/14 Pending -- -- --
08/13/2014 08/13/14 For Sale $339,000 0.0% $164 / Sq Ft
07/25/2014 07/25/14 Pending -- -- --
06/12/2014 06/12/14 For Sale $339,000 +4.0% $164 / Sq Ft
06/07/2014 06/07/14 Off Market $326,000 -- --
05/05/2014 05/05/14 For Sale $339,000 -- $164 / 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 $6,429 $459,300 $91,800 $367,500
2024 $6,429 $459,300 $91,800 $367,500
2023 $6,429 $459,300 $91,860 $367,440
2022 $4,549 $414,300 $91,860 $322,440
2021 $5,179 $0 $0 $0
2020 $5,179 $0 $0 $0
2019 $4,986 $0 $0 $0
2018 $4,544 $0 $0 $0
2017 $4,544 $0 $0 $0
2016 $3,455 $0 $0 $0
2015 $4,616 $0 $0 $0
2014 -- $374,500 $57,960 $316,540
2012 -- $17,824 $2,635 $15,189
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2014

    Grace O'Donnell

    Philadelphia Realty Exchange

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Map

Source: Bright MLS

MLS Number: 1002913928

Bright MLS

APN: 461160200

Pennsylvania Philadelphia County Philadelphia 19143 Spruce Hill

502 S Melville St, Philadelphia, PA

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