Seller's Agent in 2019
Andrew Gismondi
Keller Williams Main Line
(215) 808-4197
2 in this area
41 Total Sales
5304 Chestnut St Philadelphia, PA 19139
Cobbs Creek NeighborhoodEstimated Value: $178,000 - $238,000
--
Bed
2
Baths
1,472
Sq Ft
$135/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- 4-minute walk to 52Nd Street
- Radiator
- No HOA
About This Home
As of July 2019Legal Duplex, fully occupied with long-term tenants. Both apartments are 2 bedrooms 1 bath. Downstairs apartment is rented for $625, upstairs is rented for $635 - both leases are Month-to-Month, and both rents are below "market rent". New roof (2018), one HVAC boiler was replaced (2018), and upstairs unit received a full electrical rewire (2017). 2nd floor unit is in better shape than 1st floor unit. Property could use some TLC, but overall it is in good condition and will qualify for a Conventional mortgage. Property is priced at a 9% capitalization rate, with its current rents. Contact the Listing Agent to schedule your showing ASAP.
Last Agent to Sell the Property
Keller Williams Main Line License #RM424423 Listed on: 05/29/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,263
Year Built
- Built in 1925
Lot Details
- 1,187 Sq Ft Lot
- Lot Dimensions are 16.00 x 74.16
Parking
- On-Street Parking
Home Design
- 1,472 Sq Ft Home
- Duplex
- Traditional Architecture
- Masonry
Utilities
- Radiator
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- 2 Units
- West Philadelphia Subdivision
Listing and Financial Details
- Tax Lot 79
- Assessor Parcel Number 603012700
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 28, 2022
Sold by
Wright Justin G
Bought by
North Jet Property Group Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Outstanding Balance
$237,606
Interest Rate
6.92%
Mortgage Type
Construction
Estimated Equity
-$29,767
Purchase Details
Listed on
May 29, 2019
Closed on
Jun 24, 2019
Sold by
Tarricone Olivia
Bought by
Wright Justin G
Seller's Agent
Andrew Gismondi
Keller Williams Main Line
Buyer's Agent
Patrick Williams
KW Greater West Chester
List Price
$130,000
Sold Price
$125,500
Premium/Discount to List
-$4,500
-3.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%
Original Mortgage
$94,125
Interest Rate
3.82%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 8, 2016
Closed on
Jun 13, 2016
Sold by
Morris Margaret L
Bought by
Terricone Olivia
Seller's Agent
Jibri Bond
Peters Gordon Realty Inc
Buyer's Agent
Andrew Gismondi
Keller Williams Main Line
List Price
$80,000
Sold Price
$75,000
Premium/Discount to List
-$5,000
-6.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.19%
Original Mortgage
$56,250
Interest Rate
3.57%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 9, 1980
Bought by
Morris Margaret L
Create a Home Valuation Report for This Property
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| North Jet Property Group Llc | -- | -- | |
| Wright Justin G | $125,500 | Chesco Settlement Svcs Llc | |
| Terricone Olivia | $75,000 | Title Services | |
| Morris Margaret L | $17,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | North Jet Property Group Llc | $244,000 | |
| Previous Owner | Wright Justin G | $94,125 | |
| Previous Owner | Terricone Olivia | $56,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2019 07/11/19 | Sold | $125,500 | -3.5% | $85 / Sq Ft |
| 06/03/2019 06/03/19 | Pending | -- | -- | -- |
| 05/29/2019 05/29/19 | For Sale | $130,000 | +73.3% | $88 / Sq Ft |
| 06/13/2016 06/13/16 | Sold | $75,000 | -6.3% | $51 / Sq Ft |
| 04/14/2016 04/14/16 | Pending | -- | -- | -- |
| 04/08/2016 04/08/16 | For Sale | $80,000 | -- | $54 / 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 | $2,884 | $203,100 | $40,620 | $162,480 |
| 2024 | $2,884 | $203,100 | $40,620 | $162,480 |
| 2023 | $2,884 | $206,000 | $41,200 | $164,800 |
| 2022 | $1,312 | $206,000 | $41,200 | $164,800 |
| 2021 | $1,312 | $0 | $0 | $0 |
| 2020 | $1,312 | $0 | $0 | $0 |
| 2019 | $1,263 | $0 | $0 | $0 |
| 2018 | $998 | $0 | $0 | $0 |
| 2017 | $998 | $0 | $0 | $0 |
| 2016 | $998 | $0 | $0 | $0 |
| 2015 | $1,080 | $0 | $0 | $0 |
| 2014 | -- | $80,600 | $5,820 | $74,780 |
| 2012 | -- | $9,024 | $1,667 | $7,357 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2019
Patrick Williams
KW Greater West Chester
(484) 988-1765
106 Total Sales
-
Seller's Agent in 2016
Jibri Bond
Peters Gordon Realty Inc
(215) 858-0306
11 in this area
226 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH801836
APN: 603012700
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