NOT LISTED FOR SALE

502 Smithfield Ave Philadelphia, PA 19116

Somerton Neighborhood

Estimated Value: $315,000 - $361,000

3 Beds
1 Bath
1,152 Sq Ft
$298/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $205,000 $178 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,134/month

Highlights

  • Rambler Architecture
  • No HOA
  • Central Air
  • 1 Fireplace
  • Living Room
  • Dining Room

About This Home

As of July 2017

One floor living is what you'll experience in this comfortable 3 bedroom single-family rancher. Prior renovations include New Kitchen, roof, vinyl siding, mudroom, laundry room, interior doors, E.P. Henry pavers in the rear, and drywall throughout. Home also features long driveway which fits 3-Cars, and a large rear yard perfect to host summer time festivities. Rear yard also includes recently built barn style shed with loft.

Last Agent to Sell the Property

Carlos Masip

(267) 456-0448 cxm5003@comcast.net KW Empower License #AB068852 Listed on: 04/10/2017

KW Empower

Last Buyer's Agent

Keionna Williams

(215) 908-6330 rloregroup1@gmail.com EXP Realty, LLC License #RS314871

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,905

Year Built

  • Built in 1960

Lot Details

  • 6,250 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Property is zoned RSD3

Parking

  • 3 Open Parking Spaces

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Somerton Subdivision

Listing and Financial Details

  • Tax Lot 100
  • Assessor Parcel Number 583037804

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,905

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1152
  • Living Area Sq Ft: 1152
  • Net Sq Ft: 1152.00
  • Price Per Sq Ft: 187.50
  • Above Grade Finished Sq Ft: 1152
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Access To Pool: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 145250.00
  • Land Assessed Value: 62250.00
  • Lot Size Acres: 0.14
  • Lot Dimensions: 50X125
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6250.00
  • Property Attached Yn: No
  • Zoning: RSD3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1314759
  • Tax Annual Amount: 2905.00
  • Assessor Parcel Number: 583037804
  • Tax Lot: 100
  • Tax Year: 2017

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2017
Closed on
Jul 25, 2017
Sold by
Gaytan Ismael
Bought by
Leang Sotheary and Prak Harry
Seller's Agent
Carlos Masip
KW Empower
Buyer's Agent
Keionna Williams
EXP Realty, LLC
List Price
$229,999
Sold Price
$205,000
Premium/Discount to List
-$24,999
-10.87%
Current Estimated Value
$343,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,316
Avg. Annual Appreciation
6.43%
Original Mortgage
$201,286
Outstanding Balance
$166,175
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$177,141

Purchase Details

Closed on
Jul 17, 2009
Sold by
Timmons Jonathan
Bought by
Gaytan Ismael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,232
Interest Rate
5.58%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 2008
Sold by
Timmons Jonathan and Timmons Marisol R
Bought by
Timmons Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,850
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2007
Sold by
Timmons Marisol R
Bought by
Timmons Jonathan and Timmons Marisol R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 1999
Sold by
Mccarty James M and Will Of Anne M Mccarty
Bought by
Timmons Marisol R
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
Leang Sotheary $205,000 None Available
Gaytan Ismael $208,000 First American Title Ins Co
Timmons Jonathan -- None Available
Timmons Jonathan -- None Available
Timmons Marisol R $89,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leang Sotheary $201,286
Previous Owner Gaytan Ismael $204,232
Previous Owner Timmons Jonathan $192,850
Previous Owner Timmons Jonathan $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2017 07/28/17 Sold $205,000 -5.1% $178 / Sq Ft
06/21/2017 06/21/17 Pending -- -- --
06/12/2017 06/12/17 Price Changed $215,999 -4.0% $187 / Sq Ft
05/26/2017 05/26/17 Price Changed $224,999 -2.2% $195 / Sq Ft
04/10/2017 04/10/17 For Sale $229,999 -- $200 / 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
2026 $3,933 $345,800 $69,160 $276,640
2025 $3,933 $345,800 $69,160 $276,640
2024 $3,933 $345,800 $69,160 $276,640
2023 $3,933 $281,000 $56,200 $224,800
2022 $3,367 $281,000 $56,200 $224,800
2021 $3,367 $0 $0 $0
2020 $3,367 $0 $0 $0
2019 $3,080 $0 $0 $0
2018 $2,905 $0 $0 $0
2017 $2,905 $0 $0 $0
2016 $2,485 $0 $0 $0
2015 $2,379 $0 $0 $0
2014 -- $207,500 $108,062 $99,438
2012 -- $24,928 $7,089 $17,839
Source: Public Records

Agents Affiliated with this Home

  • Carlos Masip

    Seller's Agent in 2017

    Carlos Masip

    KW Empower

    (267) 456-0448

    1 in this area

    98 Total Sales

    Carlos Masip
    Section Image
  • Keionna Williams

    Buyer's Agent in 2017

    Keionna Williams

    EXP Realty, LLC

    (215) 908-6330

    90 Total Sales

    Keionna Williams
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003244607

Bright MLS

APN: 583037804

Pennsylvania Philadelphia County Philadelphia 19116 Somerton

502 Smithfield Ave, Philadelphia, PA

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