NOT LISTED FOR SALE

538 W Somerville Ave Philadelphia, PA 19120

Olney Neighborhood

Estimated Value: $153,000 - $185,421

3 Beds
1 Bath
1,260 Sq Ft
$135/Sq Ft Est. Value

Last Sold December 30, 2019

Last sale price $75,000 $60 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $1,038/month

Highlights

  • Straight Thru Architecture
  • No HOA
  • Radiator

About This Home

As of December 2019

Amazing investor opportunity! Priced to sell QUICK - Also available as a package deal with 2 other properties - make an offer for all 3! 2nd Property (219 Elbridge): MLS# PAPH850048 - 3rd Property (207 Sparks): MLS# PAPH850042.

Last Agent to Sell the Property

Sharon Ermel Spadaccini

sharon.spadaccini@foxroach.com BHHS Fox & Roach-New Hope License #RS187534L Listed on: 11/11/2019

BHHS Fox & Roach-New Hope

Co-Listed By

Farzad Nejad

(215) 630-7056 farzad.nejad@compass.com Compass RE License #RS346749

Last Buyer's Agent

Tom Wang

(267) 242-3525 wangzhi2833@msn.com Philly Real Estate License #RS304852

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,358

Year Built

  • Built in 1940

Lot Details

  • 1,341 Sq Ft Lot
  • Lot Dimensions are 15.41 x 87.00

Parking

  • Off-Street Parking

Home Design

  • Straight Thru Architecture
  • Masonry

Interior Spaces

  • 1,260 Sq Ft Home
  • Property has 2 Levels
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Radiator

Community Details

  • No Home Owners Association
  • Olney Subdivision

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 612001500

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,358

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Inclusions: All items included in "as-is" condition
  • New Construction: No
  • Story List: Upper 1
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Total Sq Ft: 1260
  • Living Area Sq Ft: 1260
  • Price Per Sq Ft: 59.52
  • Above Grade Finished Sq Ft: 1260
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00

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: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 15.41 x 87.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1341.00
  • Zoning: RSA5

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 745.00
  • Tax Annual Amount: 1358.00
  • Assessor Parcel Number: 612001500
  • Tax Lot: 22
  • Tax Data Updated: Yes
  • Tax Year: 2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2019
Closed on
Dec 23, 2019
Sold by
Vacca Michael D and Vacca Linda
Bought by
Chen Zhu Mei and Ren Yu Ping
Seller's Agent
Sharon Ermel Spadaccini
BHHS Fox & Roach-New Hope
Buyer's Agent
Tom Wang
Philly Real Estate
List Price
$75,000
Sold Price
$75,000
Current Estimated Value
$169,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,605
Avg. Annual Appreciation
15.02%

Purchase Details

Closed on
May 10, 2007
Sold by
Vacca Linda
Bought by
Vacca Linda and Vacca Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2004
Sold by
Huttick Margaret
Bought by
Vacca Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,400
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2004
Sold by
Ngayan Julia and Ngayan Melanio U
Bought by
Huttick Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,400
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2003
Sold by
Va
Bought by
Ngayan Melanio U and Ngayan Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,400
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
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
Chen Zhu Mei $75,000 Springfield Abstract Inc
Vacca Linda -- None Available
Vacca Linda $73,000 Stewart Title Guaranty Co
Huttick Margaret $43,000 --
Ngayan Melanio U $19,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vacca Linda $66,000
Previous Owner Vacca Linda $58,400
Previous Owner Huttick Margaret $34,400
Previous Owner Ngayan Melanio U $38,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2019 12/30/19 Sold $75,000 0.0% $60 / Sq Ft
11/17/2019 11/17/19 Pending -- -- --
11/11/2019 11/11/19 For Sale $75,000 0.0% $60 / Sq Ft
01/11/2016 01/11/16 Rented $975 +2.6% --
01/10/2016 01/10/16 Under Contract -- -- --
07/30/2015 07/30/15 For Rent $950 -- --
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 $1,789 $155,900 $31,180 $124,720
2024 $1,789 $155,900 $31,180 $124,720
2023 $1,789 $127,800 $25,560 $102,240
2022 $728 $82,800 $25,560 $57,240
2021 $1,358 $0 $0 $0
2020 $1,358 $0 $0 $0
2019 $1,263 $0 $0 $0
2018 $1,358 $0 $0 $0
2017 $1,358 $0 $0 $0
2016 $1,358 $0 $0 $0
2015 $1,300 $0 $0 $0
2014 -- $97,000 $8,848 $88,152
2012 -- $11,360 $1,788 $9,572
Source: Public Records

Agents Affiliated with this Home

  • Farzad Nejad

    Seller Co-Listing Agent in 2019

    Farzad Nejad

    Compass RE

    (215) 630-7056

    16 Total Sales

    Farzad Nejad
    Section Image

  • T

    Buyer's Agent in 2019

    Tom Wang

    Philly Real Estate

    (267) 242-3525

    62 Total Sales

    Tom Wang
    Section Image

  • R

    Seller's Agent in 2016

    Robert Huttick

    Paramount Realty Inc

    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH850012

Bright MLS

APN: 612001500

Pennsylvania Philadelphia County Philadelphia 19120 Olney

538 W Somerville Ave, Philadelphia, PA

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