$172,000
SOLD SEP 26, 2024
-- Bed
-- Bath
2,145 Sq Ft
1,794 Sq Ft Lot

Recently Sold

$80 Per Sq Ft

31% Below List Price

120 Days on Market

Highlights

  • Straight Thru Architecture
  • Forced Air Heating and Cooling System
  • 4-minute walk to Cobbs Creek Park

About This Home

As of September 2024

Great opportunity for investors or owner occupants. Put the finishing touches on this duplex and add it to your rental portfolio for a slam dunk investment. Or owner occupants, purchase this home and live in one unit while renting the other unit, having someone else pay your mortgage. The opportunities are endless. Unfortunately the seller wasn’t able to finish the project but so much has already been done such as the rough plumbing and electric, HVAC installed, framing, new windows, etc. Plus most of the materials needed to finish the project are included in the sale such as HVAC (forced air heat and central air) including the compressors, water heater, sheetrock, tubs, toilets, vanities, recessed lights, vent covers, flooring, etc.
Enter Unit 1 from the from which spans the 1st and 2nd floors and is 2 bedrooms, 2.5 bathrooms with access to a rear deck. The unit is large and feels like most single row homes in the area. The first floor is a large mud/sunroom, living room, dining room, kitchen, laundry room, half bath and access to the deck. The second floor has 2 bedrooms, 2 full bathrooms and houses the mechanicals.
Unit 2 is accessed in the rear on the side and is 2 bedrooms, 1 bathroom with laundry.
Run the numbers and see for yourself what a great opportunity this is.
Buyers should do their own due diligence regarding zoning, permits, etc., as seller and seller’s representatives have no knowledge. Property is being sold strictly “as-is”. All materials and contents at the property will be included in the sale.

Last Agent to Sell the Property

Jennifer Geddes

KW Empower License #RS321126 Listed on: 05/09/2024

KW Empower

Last Buyer's Agent

Devon Caudle

KW Empower License #RS353754

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,380

Year Built

  • Built in 1925

Lot Details

  • 1,794 Sq Ft Lot
  • Lot Dimensions are 20.00 x 92.00

Parking

  • On-Street Parking

Home Design

  • 2,145 Sq Ft Home
  • Duplex
  • Straight Thru Architecture
  • Masonry

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 102
  • Assessor Parcel Number 032255200

Community Details

Overview

  • 2 Units
  • 3-Story Building
  • Cobbs Creek Subdivision

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,380

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Inclusions: Everything at the property (as-is)
  • New Construction: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Remarks Public: Great opportunity for investors or owner occupants. Put the finishing touches on this duplex and add it to your rental portfolio for a slam dunk investment. Or owner occupants, purchase this home and live in one unit while renting the other unit, having someone else pay your mortgage. The opportunities are endless. Unfortunately the seller wasn’t able to finish the project but so much has already been done such as the rough plumbing and electric, HVAC installed, framing, new windows, etc. Plus most of the materials needed to finish the project are included in the sale such as HVAC (forced air heat and central air) including the compressors, water heater, sheetrock, tubs, toilets, vanities, recessed lights, vent covers, flooring, etc. Enter Unit 1 from the from which spans the 1st and 2nd floors and is 2 bedrooms, 2.5 bathrooms with access to a rear deck. The unit is large and feels like most single row homes in the area. The first floor is a large mud/sunroom, living room, dining room, kitchen, laundry room, half bath and access to the deck. The second floor has 2 bedrooms, 2 full bathrooms and houses the mechanicals. Unit 2 is accessed in the rear on the side and is 2 bedrooms, 1 bathroom with laundry. Run the numbers and see for yourself what a great opportunity this is. Buyers should do their own due diligence regarding zoning, permits, etc., as seller and seller’s representatives have no knowledge. Property is being sold strictly “as-is”. All materials and contents at the property will be included in the sale.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Total Sq Ft: 2145
  • Living Area Sq Ft: 2145
  • Price Per Sq Ft: 93.24
  • Above Grade Finished Sq Ft: 2145
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 507

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R30
  • Lot Size Acres: 0.04
  • Lot Dimensions: 20.00 x 92.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1794.00
  • Year Assessed: 2024
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 772.00
  • Tax Annual Amount: 1380.00
  • Assessor Parcel Number: 032255200
  • Tax Lot: 102
  • Tax Total Finished Sq Ft: 2145
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 09/26/2024

Multi Family

  • Number Of Units Vacant: 2
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Sep 25, 2024
Sold by
Vaughn Napolean N
Bought by
Nzoukwu Nkembu Llc
Seller's Agent
Jennifer Geddes
KW Empower
Buyer's Agent
Devon Caudle
KW Empower
List Price
$250,000
Sold Price
$172,000
Premium/Discount to List
-$78,000
-31.2%
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.47%
Original Mortgage
$303,000
Outstanding Balance
$301,331
Interest Rate
6.49%
Mortgage Type
Construction
Estimated Equity
-$128,664

Purchase Details

Closed on
Sep 29, 2008
Sold by
Boddy John H and Boddy Martha M
Bought by
Vaughn Napoleon
Source: Public Records

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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 Type Sale Price Title Company
Deed $172,000 None Listed On Document
Sheriffs Deed $45,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $303,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 Price Changed $438,500 +0.8% $157 / Sq Ft
07/01/2025 07/01/25 For Sale $435,000 +152.9% $156 / Sq Ft
09/26/2024 09/26/24 Sold $172,000 -14.0% $80 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
09/04/2024 09/04/24 Price Changed $200,000 -11.1% $93 / Sq Ft
08/27/2024 08/27/24 Price Changed $225,000 -6.3% $105 / Sq Ft
07/30/2024 07/30/24 Price Changed $240,000 -4.0% $112 / Sq Ft
07/09/2024 07/09/24 Price Changed $249,990 0.0% $117 / Sq Ft
05/09/2024 05/09/24 For Sale $250,000 -- $117 / 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 $1,380 $146,000 $29,200 $116,800
2024 $1,380 $146,000 $29,200 $116,800
2023 $1,380 $98,600 $19,700 $78,900
2022 $904 $98,600 $19,700 $78,900
2021 $904 $0 $0 $0
2020 $904 $0 $0 $0
2019 $871 $0 $0 $0
2018 $511 $0 $0 $0
2017 $511 $0 $0 $0
2016 $370 $0 $0 $0
2015 $3,566 $0 $0 $0
2014 -- $36,500 $11,302 $25,198
2012 -- $11,968 $2,581 $9,387
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2352266

Bright MLS

APN: 032255200