NOT LISTED FOR SALE

Estimated Value: $345,000 - $500,984

-- Bed
-- Bath
1,650 Sq Ft
$268/Sq Ft Est. Value

Last Sold October 16, 2018

Last sale price $320,000 $194 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,755/month

Highlights

  • Wood Flooring
  • 2-minute walk to Baltimore Avenue And 53Rd Street
  • Central Air
  • No HOA
  • En-Suite Primary Bedroom
  • Energy-Efficient Windows

About This Home

As of October 2018

Rare investment opportunity for a first time owner or savvy University City investor. This property has been tastefully modernized with no expense spared less than a year ago. It includes stainless steel appliances, video doorbell system, in unit washer & dryer, and hardwood floors through-out. First floor tenant is on a month to month lease, so if you are in the market for a property to live in which produces income look no further. This complete turn-key investment is located just a short commute to University City on a quaint, suburban, tree-lined street, this duplex offers two bright and spacious units, in a highly desirable location for students, commuters, and those looking to live near the city with a suburban feel. Conveniently located just around the corner from popular local spots like Dock Street Cannery Lounge, Cedar Park Cafe, Dock Street Brewing Co., Marvelous Records, and tons of convenient stores including deli's, drug stores, and Wine and Spirits. Walkable to multiple bus routes, and the 49th Street Station for the Media/Elwyn Line for easy commuting to Center City, as well as the route 34 subway and trolley, which goes to Penn and Drexel Campuses, 30th Street Station, Market Street and City Hall. Super large duplex for sale on a great block! Close to schools, shopping and public transportation. Area is growing very fast, bring your buyers and make an offer before it is GONE!!

Last Agent to Sell the Property

Jason Rabinovich

BHHS Fox & Roach-Center City Walnut License #AB068249 Listed on: 07/06/2018

BHHS Fox & Roach-Center City Walnut

Co-Listed By

Eric Dvotsky

BHHS Fox & Roach-Center City Walnut License #rs332410

Last Buyer's Agent

Dee Greene Hill

Compass RE License #RS306138

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,432

Year Built

  • Built in 1925

Lot Details

  • 2,271 Sq Ft Lot
  • Lot Dimensions are 20x115
  • Sprinkler System
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,650 Sq Ft Home
  • Window Treatments
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Eco-Friendly Details

  • Energy-Efficient Windows

Utilities

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

Listing and Financial Details

  • Tax Lot 116
  • Assessor Parcel Number 462095800

Community Details

Overview

  • No Home Owners Association
  • University City Subdivision

Building Details

  • Operating Expense $1,432

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,432

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Sprinkler System, Window Treatments
  • Window Features: Energy Efficient
  • Fireplace: No
  • Entry Location: Foyer
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1650
  • Living Area Sq Ft: 1650
  • Price Per Sq Ft: 210.30
  • Above Grade Finished Sq Ft: 1650
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5227

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • 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

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Land Use Code: N30
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20X115
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2271.00
  • Property Condition: Good
  • Zoning: RSA3

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 25692.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 1432.00
  • Assessor Parcel Number: 462095800
  • Tax Lot: 116
  • Tax Year: 2018
  • Close Date: 10/16/2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2018
Closed on
Oct 15, 2018
Sold by
5227 Catherine Llc
Bought by
M & A Property Holdings Llc
Seller's Agent
Jason Rabinovich
BHHS Fox & Roach-Center City Walnut
Buyer's Agent
Dee Greene Hill
Compass RE
List Price
$350,000
Sold Price
$320,000
Premium/Discount to List
-$30,000
-8.57%
Current Estimated Value
$442,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,661
Avg. Annual Appreciation
4.22%
Original Mortgage
$217,500
Outstanding Balance
$192,737
Interest Rate
4.8%
Mortgage Type
Commercial
Estimated Equity
$233,269

Purchase Details

Closed on
Mar 24, 2017
Sold by
Whte Veda B and Tull Mabel
Bought by
5227 Catharine Llc

Purchase Details

Closed on
Dec 28, 1976
Bought by
Vida Vida B and Vida W
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
M & A Property Holdings Llc $315,750 Title Services
5227 Catharine Llc $55,000 None Available
Vida Vida B $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M & A Properites Holdings Llc $217,500
Previous Owner 5227 Catherine Llc $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2018 10/16/18 Sold $320,000 -7.8% $194 / Sq Ft
09/26/2018 09/26/18 Pending -- -- --
09/17/2018 09/17/18 Price Changed $347,000 -0.9% $210 / Sq Ft
07/06/2018 07/06/18 For Sale $350,000 -- $212 / 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 $4,755 $384,300 $76,860 $307,440
2024 $4,755 $384,300 $76,860 $307,440
2023 $4,755 $339,700 $67,940 $271,760
2022 $4,755 $339,700 $67,940 $271,760
2021 $1,970 $0 $0 $0
2020 $1,970 $0 $0 $0
2019 $1,897 $0 $0 $0
2018 $1,432 $0 $0 $0
2017 $1,432 $0 $0 $0
2016 $999 $0 $0 $0
2015 $1,735 $0 $0 $0
2014 -- $129,500 $13,929 $115,571
2012 -- $13,376 $4,190 $9,186
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001996090

Bright MLS

APN: 462095800