NOT LISTED FOR SALE

Estimated Value: $345,000 - $427,000

4 Beds
2 Baths
1,802 Sq Ft
$219/Sq Ft Est. Value

Last Sold May 16, 2024

Last sale price $240,000 $133 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,430/month

5 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Car Detached Garage
  • 4-minute walk to Gifford Playground
  • No HOA
  • Forced Air Heating System

About This Home

As of May 2024

Single-family home with tons of potential! Excellent opportunity for an investor or contractor! Bring your imagination to 504 Selma St and turn this home into a real gem. Amazing location in the desirable Somerton / Bustleton areas of Northeast Philadelphia. Typical Cape Cod design, at the main level, living room, dining room, eat-in kitchen, 2 bedrooms, and a full bathroom. Upstairs, 2 bedrooms, a full bathroom, and plenty of closet space. Come take a look and imagine all the possibilities that exist. Schedule your showing today.

Last Agent to Sell the Property

Camisha Brown

(856) 398-9075 c.brown.weichert@gmail.com Weichert Realtors - Moorestown Listed on: 04/26/2024

Weichert Realtors - Moorestown

Last Buyer's Agent

Veysal Badalov

(215) 638-3830 jagorrs@gmail.com Keller Williams Real Estate - Bensalem

Keller Williams Real Estate - Bensalem

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,269

Year Built

  • Built in 1959

Lot Details

  • 5,885 Sq Ft Lot
  • Lot Dimensions are 55.00 x 107.00
  • Property is zoned RSD3

Parking

  • 1 Car Detached Garage
  • Rear-Facing Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 1.5 Levels

Bedrooms and Bathrooms

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Somerton Subdivision

Listing and Financial Details

  • Tax Lot 82
  • Assessor Parcel Number 582246800

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,269

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-04-26
  • Year Built: 1959
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1.5
  • Basement: No
  • Total Sq Ft: 3604
  • Living Area Sq Ft: 1802
  • Price Per Sq Ft: 149.83
  • Above Grade Finished Sq Ft: 1802
  • Above Grade Unfinished Sq Ft: 1802
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 55.00 x 107.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5885.00
  • Zoning: RSD3

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2342.00
  • Tax Annual Amount: 4269.00
  • Assessor Parcel Number: 582246800
  • Tax Lot: 82
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
May 15, 2024
Sold by
Hoffman Charles S
Bought by
Veysal Homes Llc
Seller's Agent
Camisha Brown
Weichert Realtors - Moorestown
Buyer's Agent
Veysal Badalov
Keller Williams Real Estate - Bensalem
List Price
$310,000
Sold Price
$240,000
Premium/Discount to List
-$70,000
-22.58%
Views
155
Current Estimated Value
$394,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,273
Avg. Annual Appreciation
40.83%

Purchase Details

Closed on
Jul 30, 2009
Sold by
Leiter Marie V and Estate Of Marie I Cianfarini
Bought by
Hoffman Charles S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Interest Rate
5.43%
Mortgage Type
FHA
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
Veysal Homes Llc $240,000 Bucks County Abstract Services
Hoffman Charles S $170,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoffman Charles S $166,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2024 05/16/24 Sold $240,000 -11.1% $133 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/29/2024 04/29/24 Price Changed $270,000 -12.9% $150 / Sq Ft
04/26/2024 04/26/24 For Sale $310,000 -- $172 / 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 $4,269 $364,500 $72,900 $291,600
2025 $4,269 $364,500 $72,900 $291,600
2024 $4,269 $364,500 $72,900 $291,600
2023 $4,269 $305,000 $61,000 $244,000
2022 $2,990 $260,000 $61,000 $199,000
2021 $3,620 $0 $0 $0
2020 $3,620 $0 $0 $0
2019 $3,466 $0 $0 $0
2018 $3,222 $0 $0 $0
2017 $3,222 $0 $0 $0
2016 $2,802 $0 $0 $0
2015 $2,683 $0 $0 $0
2014 -- $230,200 $98,868 $131,332
2012 -- $28,160 $5,087 $23,073
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2347068

Bright MLS

APN: 582246800