5220 Larchwood Ave Philadelphia, PA 19143
Cobbs Creek Neighborhood
--
Bed
--
Bath
1,628
Sq Ft
1,302
Sq Ft Lot
Highlights
- Porch
- Central Heating and Cooling System
- 2-minute walk to Malcolm X Park
About This Home
As of October 2024This thoughtfully designed duplex located in West Philadelphia was completely renovated in 2019 with a new roof in 2022 and has over 5 years remaining on a tax abatement! Perfectly suited for both owner-occupants and investors, this turn-key property seamlessly transitions between live-in comfort and lucrative rental income. The covered front porch overlooking a mature front garden welcomes you in. Unit 1 is located on the first level and has beautiful light wood flooring throughout. The living room opens into the updated kitchen with white shaker cabinets, stainless steel appliances, Quartz countertops, and a pantry. A door in the kitchen leads to the private outdoor space. Two bedrooms share an updated full hall bathroom. A door in the primary bedroom also leads out to the outdoor space. This unit has access to the full basement with private laundry--all kept dry by a French drain and sump pump. The basement is ready to be finished to create additional living space for this unit. Ascend to the second level to Unit 2 where the light wood flooring continues. This unit has a beautiful exposed brick wall throughout and another open-concept floor plan with the living/dining area opening to the modern kitchen. The kitchen boasts a breakfast bar, Quartz countertops, stainless steel appliances, and in-unit laundry. The exposed brick wall continues to the front bedroom. Towards the back of the unit are the full hall bathroom and the primary bedroom. Both units were occupied through the end August 2024, with a total annual rent of $34,200. Located one block from the beautiful Malcolm X Park, home to an exciting line-up of free events throughout the year, and just a couple of blocks from the Baltimore Avenue corridor which has many cafes, restaurants, bars, and shops. With nearby public transportation (subway, bus, and trolley) you can access Center City or University City, where UPenn and Drexel are located. This home is located in the heart of it all. Book an appointment today!
Last Agent to Sell the Property
Trey Dodge
KW Empower Listed on: 08/02/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,262
Year Built
- Built in 1925
Lot Details
- 1,302 Sq Ft Lot
- Lot Dimensions are 16.00 x 84.00
Parking
- On-Street Parking
Home Design
- Duplex
- AirLite
- Brick Exterior Construction
- Stone Foundation
Interior Spaces
- 1,628 Sq Ft Home
- Unfinished Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Porch
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- 2 Units
- 2 Vacant Units
Listing and Financial Details
- The owner pays for water, sewer, common area maintenance
- Tax Lot 126
- Assessor Parcel Number 462008600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 2, 2024
Closed on
Oct 2, 2024
Sold by
Bishop Jalil and Winston Celeste M
Bought by
Stanley Benjamin and Lantz Anita
Seller's Agent
Trey Dodge
KW Empower
Buyer's Agent
Anita Lantz
Practical Real Estate
List Price
$425,000
Sold Price
$390,000
Premium/Discount to List
-$35,000
-8.24%
Total Days on Market
45
Views
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,837
Avg. Annual Appreciation
-1.50%
Original Mortgage
$292,500
Outstanding Balance
$290,797
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$93,874
Purchase Details
Closed on
Jan 14, 2020
Sold by
Bishop Jalil
Bought by
Bishop Jalil and Winston Celeste M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,181
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 26, 2018
Closed on
Jan 23, 2019
Sold by
Amal Koubiaa Jamal and Amal Bentouihar
Bought by
Bishop Jalil
Seller's Agent
Danielle Py-Salas
EXP Realty, LLC
Buyer's Agent
RJ Griffin
Springer Realty Group
List Price
$165,000
Sold Price
$148,000
Premium/Discount to List
-$17,000
-10.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.52%
Original Mortgage
$296,163
Interest Rate
5.25%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 25, 2015
Sold by
Peaks Albert S and City Of Philadelphia
Bought by
Amal Kouibaa Jamal and Amal Bentouihar
Purchase Details
Closed on
Oct 20, 1993
Bought by
Peaks Albert S
Similar Homes in Philadelphia, PA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $390,000 | Prosperity Abstract | |
| Interfamily Deed Transfer | -- | Closing Usa Llc | |
| Deed | $148,000 | Surety Abstract Svcs Llc | |
| Deed | $54,000 | None Available | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $292,500 | New Conventional | |
| Previous Owner | $259,181 | New Conventional | |
| Previous Owner | $296,163 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/07/2024 10/07/24 | Sold | $390,000 | -6.0% | $240 / Sq Ft |
| 09/16/2024 09/16/24 | Pending | -- | -- | -- |
| 09/04/2024 09/04/24 | Price Changed | $415,000 | -2.4% | $255 / Sq Ft |
| 08/02/2024 08/02/24 | For Sale | $425,000 | +187.2% | $261 / Sq Ft |
| 01/23/2019 01/23/19 | Sold | $148,000 | -10.3% | $74 / Sq Ft |
| 11/26/2018 11/26/18 | For Sale | $165,000 | -- | $83 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,263 | $302,500 | $60,500 | $242,000 |
| 2024 | $2,263 | $302,500 | $60,500 | $242,000 |
| 2023 | $2,263 | $380,000 | $76,000 | $304,000 |
| 2022 | $2,072 | $161,647 | $76,000 | $85,647 |
| 2021 | $522 | $0 | $0 | $0 |
| 2020 | $522 | $0 | $0 | $0 |
| 2019 | $503 | $0 | $0 | $0 |
| 2018 | $1,116 | $0 | $0 | $0 |
| 2017 | $1,116 | $0 | $0 | $0 |
| 2016 | $1,116 | $0 | $0 | $0 |
| 2015 | $1,068 | $0 | $0 | $0 |
| 2014 | -- | $79,700 | $6,391 | $73,309 |
| 2012 | -- | $9,664 | $2,122 | $7,542 |
Source: Public Records
Agents Affiliated with this Home
-
Trey Dodge
Seller's Agent in 2024
Trey Dodge
KW Empower
(978) 337-7143
4 in this area
180 Total Sales
-
Anita Lantz
A
Buyer's Agent in 2024
Anita Lantz
Practical Real Estate
(717) 468-3810
2 in this area
14 Total Sales
-
Danielle Py-Salas
Seller's Agent in 2019
Danielle Py-Salas
EXP Realty, LLC
(484) 830-1777
1 in this area
96 Total Sales
-
Marcus Shellenberger
Seller Co-Listing Agent in 2019
Marcus Shellenberger
EXP Realty, LLC
(610) 505-1517
2 in this area
86 Total Sales
-
RJ Griffin
Buyer's Agent in 2019
RJ Griffin
Springer Realty Group
(302) 388-5634
2 in this area
20 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2380562
APN: 462008600
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