NOT LISTED FOR SALE

518 Forest Hills Ave Philadelphia, PA 19116

Somerton Neighborhood

Estimated Value: $397,000 - $452,000

3 Beds
2 Baths
1,980 Sq Ft
$219/Sq Ft Est. Value

Last Sold June 27, 2024

Last sale price $440,000 $222 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,618/month

5 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Patio
  • Wood Flooring
  • Porch
  • Shed

About This Home

As of June 2024

*** OPEN HOUSES SATURDAY, May 18 1:00 PM - 3:00 PM AND SUNDAY, May 19 1:00 PM - 3:00 PM ***
Beautiful brick TURN KEY cape in Somerton. Walk through front door and into living room with high Cathedral ceilings, beautiful hardwood floors in mint condition and stone fireplace. Room allows in plenty of natural light including from skylights from the loft above that could be used as an office, 4th bedroom or bonus space. The kitchen was completely remodeled featuring updated 42" maple cabinets, with soft close doors and drawers, granite countertops, tile back splash and stainless steel appliances. Kitchen also contains plenty of recessed lighting and under cabinet lighting. Both bathrooms in house have been full remodeled bathroom with ceramic tile floor and shower surround. All 3 bedrooms have ceiling fans with light and ample closet space. Newer windows throughout most of home. Newer forced air HVAC. Entertain friends and family in the completely remodeled walkout basement with updated full bathroom. Property contains a large fenced in backyard with a covered patio. Property also contains a large storage area in the basement, attic storage and rear shed. NEW ROOF - 2022, New heater and central air - 2022, New 200amp electric panel. Minutes from Woodhaven Rd, I-95 for a easy commute to Center City Philadelphia, Princeton/Trenton NJ and NYC. Walking distance to parks and shopping centers. Make your offer today as this one is going to go quickly !

Last Agent to Sell the Property

Mike Bottaro

(267) 307-2444 mbottaro@homestarrinc.com Homestarr Realty License #AB067983 Listed on: 05/15/2024

Homestarr Realty

Last Buyer's Agent

Sabu John

(215) 715-0600 callsabu@yahoo.com Liberty Bell Real Estate Brokerage LLC

Liberty Bell Real Estate Brokerage LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,119

Year Built

  • Built in 1967

Lot Details

  • 4,700 Sq Ft Lot
  • Lot Dimensions are 65.00 x 72.00
  • Property is zoned RSD3

Home Design

  • Cape Cod Architecture
  • Pitched Roof
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • Property has 1.5 Levels
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Shed
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Somerton Subdivision

Listing and Financial Details

  • Tax Lot 122
  • Assessor Parcel Number 583028000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,119

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: refrigerator, washer, dryer, basement stand alone freezer, Alexis TVs on walls, master bedroom tv mount, basement wall display cases
  • Inclusions: Ring door bell, shed, electric fireplace insert (all in "AS-IS" condition with no monetary value)
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-05-17
  • Federal Flood Zone: No
  • Year Built: 1967
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Ceramic Tile
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1.5
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Total Sq Ft: 1980
  • Living Area Sq Ft: 1980
  • Price Per Sq Ft: 321.97
  • Above Grade Finished Sq Ft: 1320
  • Below Grade Finished Sq Ft: 660
  • Total Below Grade Sq Ft: 660
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Masonry
  • Roof: Pitched, Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • 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: 0.11
  • Lot Dimensions: 65.00 x 72.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4700.00
  • Outdoor Living Structures: Porch(es), Patio(s)
  • Zoning: RSD3

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2260.00
  • Tax Annual Amount: 4119.00
  • Assessor Parcel Number: 583028000
  • Tax Lot: 122
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jun 10, 2024
Sold by
Burkhardt Andrew J and Burkhardt Marina Alexandra
Bought by
Rajan Fenny and Rajan Elizabeth Mary
Seller's Agent
Mike Bottaro
Homestarr Realty
Buyer's Agent
Sabu John
Liberty Bell Real Estate Brokerage LLC
List Price
$425,000
Sold Price
$440,000
Premium/Discount to List
$15,000
3.53%
Views
233
Current Estimated Value
$432,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,363
Avg. Annual Appreciation
-1.24%
Original Mortgage
$352,000
Outstanding Balance
$347,194
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$85,443

Purchase Details

Listed on
Apr 18, 2017
Closed on
Jun 23, 2017
Sold by
Gorman Kevin J
Bought by
Burkhardt Andrew J and Burkhardt Marina Alexandra
Seller's Agent
John Sullo
Keller Williams Real Estate-Blue Bell
Buyer's Agent
Bonita Carp-Banik
Carp-Banik and Mathew LLC
List Price
$265,000
Sold Price
$270,000
Premium/Discount to List
$5,000
1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$265,109
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 2009
Sold by
Chopak Thomas and Chopak Barbara
Bought by
Gorman Kevin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,750
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2005
Sold by
Chopak Thomas S
Bought by
Chopak Thomas S and Chopak Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.23%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Rajan Fenny $440,000 Mba Abstract
Burkhardt Andrew J $270,000 None Available
Gorman Kevin J $265,000 None Available
Chopak Thomas S -- Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rajan Fenny $352,000
Previous Owner Burkhardt Andrew J $265,109
Previous Owner Gorman Kevin J $251,750
Previous Owner Chopak Thomas S $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2024 06/27/24 Sold $440,000 +3.5% $222 / Sq Ft
05/15/2024 05/15/24 For Sale $425,000 +57.4% $215 / Sq Ft
06/23/2017 06/23/17 Sold $270,000 +1.9% $205 / Sq Ft View Prior Sale
04/20/2017 04/20/17 Pending -- -- --
04/18/2017 04/18/17 For Sale $265,000 -- $201 / 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 $4,120 $357,400 $71,480 $285,920
2025 $4,120 $357,400 $71,480 $285,920
2024 $4,120 $357,400 $71,480 $285,920
2023 $4,120 $294,300 $58,800 $235,500
2022 $3,171 $249,300 $58,800 $190,500
2021 $3,800 $0 $0 $0
2020 $3,800 $0 $0 $0
2019 $3,091 $0 $0 $0
2018 $2,986 $0 $0 $0
2017 $2,986 $0 $0 $0
2016 $2,566 $0 $0 $0
2015 $2,456 $0 $0 $0
2014 -- $213,300 $75,004 $138,296
2012 -- $34,464 $8,513 $25,951
Source: Public Records

Agents Affiliated with this Home

  • Mike Bottaro

    Seller's Agent in 2024

    Mike Bottaro

    Homestarr Realty

    (267) 307-2444

    10 in this area

    380 Total Sales

    Mike Bottaro
    Section Image

  • S

    Buyer's Agent in 2024

    Sabu John

    Liberty Bell Real Estate Brokerage LLC

    (215) 715-0600

    4 in this area

    14 Total Sales

    Sabu John
    Section Image
  • John Sullo

    Seller's Agent in 2017

    John Sullo

    Keller Williams Real Estate-Blue Bell

    (215) 646-2900

    John Sullo
    Section Image

  • B

    Buyer's Agent in 2017

    Bonita Carp-Banik

    Carp-Banik and Mathew LLC

    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2355288

Bright MLS

APN: 583028000

Pennsylvania Philadelphia County Philadelphia 19116 Somerton

518 Forest Hills Ave, Philadelphia, PA

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