NOT LISTED FOR SALE

540 W Ritner St Philadelphia, PA 19148

Whitman Neighborhood

Estimated Value: $301,000 - $375,639

4 Beds
1 Bath
2,016 Sq Ft
$165/Sq Ft Est. Value

Last Sold December 02, 2015

Last sale price $166,300 $82 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $2,091/month

Highlights

  • Wood Flooring
  • Living Room
  • Dining Room
  • No HOA
  • En-Suite Primary Bedroom
  • 1-minute walk to Mifflin Square Park

About This Home

As of December 2015

Investor Alert! This property represents an amazing opportunity to own an income producing rental property in South Philadelphia. Property is currently rented. This 2016 square foot home has 4 bedrooms. Hardwood floors throughout the second floors. Newer Kitchen includes tiled floor and wood cabinets. Make your appointment now, because at this offering price, this property will not last long.

Last Agent to Sell the Property

Jian Tang

(267) 205-8902 jiant9988@gmail.com Weichert, Realtors - Cornerstone License #RS323683 Listed on: 05/26/2015

Weichert, Realtors - Cornerstone

Last Buyer's Agent

Dan McShane

(215) 868-5783 dsmrealtyservice@gmail.com Flatiron Realty Group, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,159

Year Built

  • Built in 1920

Lot Details

  • 1,008 Sq Ft Lot
  • Lot Dimensions are 16x63

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,016 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Schools

  • Abram Jenks Elementary School
  • John H Taggart Middle School
  • Horace Furness High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • Philadelphia Subdivision

Listing and Financial Details

  • Tax Lot 149
  • Assessor Parcel Number 392199900

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,159

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Remarks Public: Investor Alert! This property represents an amazing opportunity to own an income producing rental property in South Philadelphia. Property is currently rented. This 2016 square foot home has 4 bedrooms. Hardwood floors throughout the second floors. Newer Kitchen includes tiled floor and wood cabinets. Make your appointment now, because at this offering price, this property will not last long.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 2016
  • Living Area Sq Ft: 2016
  • Net Sq Ft: 2016.00
  • Price Per Sq Ft: 86.71
  • Above Grade Finished Sq Ft: 2016
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 540

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • 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: No
  • Cooling Type: Wall Unit
  • Heating: Yes
  • Hot Water: Oil
  • 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
  • Elementary School: ABRAM JENKS
  • Middle School: JOHN H TAGGART SCHOOL
  • High School: HORACE FURNESS
  • School District Key: 300200397108
  • Elementary School: ABRAM JENKS
  • High School: HORACE FURNESS
  • Middle Or Junior School: JOHN H TAGGART SCHOOL

Lot Info

  • Improvement Assessed Value: 146160.00
  • Land Assessed Value: 14940.00
  • Land Use Code: O30
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16X63
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1008.00
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1142173
  • Tax Annual Amount: 2159.00
  • Assessor Parcel Number: 392199900
  • Tax Lot: 149
  • Tax Year: 2015
  • Close Date: 12/02/2015

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2015
Closed on
Dec 2, 2015
Sold by
Yin Roger
Bought by
Bracken Damien Senan and Bracken Senan Thomas
Seller's Agent
Jian Tang
Weichert, Realtors - Cornerstone
Buyer's Agent
Dan McShane
Flatiron Realty Group, LLC
List Price
$174,800
Sold Price
$166,300
Premium/Discount to List
-$8,500
-4.86%
Current Estimated Value
$332,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,110
Avg. Annual Appreciation
7.24%

Purchase Details

Closed on
Mar 14, 2008
Sold by
Future Is Now Llc
Bought by
Yin Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,655
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2008
Sold by
Washington Mutual Bank
Bought by
Future Is Now Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,655
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2007
Sold by
Duk Sokha and Deutsche Bank National Trust C
Bought by
Washington Mutual Bank

Purchase Details

Closed on
Dec 23, 2005
Sold by
Naka Sou Brendon and Naka Sou
Bought by
Duk Sokha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2004
Sold by
Lam Somontha
Bought by
Naka Sou Brendon and Naka Sou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Interest Rate
5.88%
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
Bracken Damien Senan $166,300 None Available
Yin Roger $164,300 First American Title Ins Co
Future Is Now Llc $78,000 None Available
Washington Mutual Bank $3,100 None Available
Duk Sokha $240,000 None Available
Naka Sou Brendon $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yin Roger $139,655
Previous Owner Duk Sokha $192,000
Previous Owner Naka Sou Brendon $99,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2015 12/02/15 Sold $166,300 -4.9% $82 / Sq Ft
12/01/2015 12/01/15 For Sale $174,800 0.0% $87 / Sq Ft
09/24/2015 09/24/15 Pending -- -- --
09/23/2015 09/23/15 Price Changed $174,800 -1.8% $87 / Sq Ft
06/22/2015 06/22/15 Price Changed $178,000 -3.8% $88 / Sq Ft
05/26/2015 05/26/15 For Sale $185,000 -- $92 / 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 $4,211 $352,000 $70,400 $281,600
2024 $4,211 $352,000 $70,400 $281,600
2023 $4,211 $300,800 $60,160 $240,640
2022 $2,723 $255,800 $60,160 $195,640
2021 $3,353 $0 $0 $0
2020 $3,353 $0 $0 $0
2019 $3,094 $0 $0 $0
2018 $1,881 $0 $0 $0
2017 $1,881 $0 $0 $0
2016 $1,881 $0 $0 $0
2015 $2,159 $0 $0 $0
2014 -- $161,100 $14,940 $146,160
2012 -- $8,960 $1,817 $7,143
Source: Public Records

Agents Affiliated with this Home

  • Jian Tang

    Seller's Agent in 2015

    Jian Tang

    Weichert, Realtors - Cornerstone

    (267) 205-8902

    9 Total Sales

    Jian Tang
    Section Image

  • D

    Buyer's Agent in 2015

    Dan McShane

    Flatiron Realty Group, LLC

    (215) 868-5783

    50 Total Sales

    Dan McShane
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002614278

Bright MLS

APN: 392199900

Pennsylvania Philadelphia County Philadelphia 19148 Whitman

540 W Ritner St, Philadelphia, PA

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