NOT LISTED FOR SALE

542 W Somerville Ave Philadelphia, PA 19120

Olney Neighborhood

Estimated Value: $142,000 - $190,021

3 Beds
1 Bath
1,260 Sq Ft
$128/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $80,000 $63 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $994/month

Highlights

  • Straight Thru Architecture
  • Eat-In Kitchen
  • Living Room
  • No HOA
  • Bathtub with Shower
  • Dining Room

About This Home

As of September 2020

BACK ON THE MARKET-THIS NOW AN ESTATE SALE. Nice and cozy, well mainained 3 bedroom, 1 bathroom in Olney. Home includes a large front porch, good sized living and dining room areas. Nice sized eat in kitchen with newer flooring. Newer flooring is throughout the home. Three spacious bedrooms and a large unfinished basement with basement laundry. Home also boasts a large rear yard for summertime entertainment. Excellent location, walking distance to public transportation and shopping. Perfect for the first time home buyer or saavy investor. Rents in the area are $750-850 and you can become eligible for the city's section 8 program. Sold AS-IS. Washer, Dryer and refrigerator included all in as is conditon. One year Guard home warranty is included for piece of mind. FHA buyers must be 203k approved. MASKS ARE REQUIRED AND USE OF HAND SANITIZER BEFORE ENTRY. NO ONE WILL BE ADMITTED FOR SHOWINGS WITHOUT A MASK OR WITHOUT AN AGENT.

Last Agent to Sell the Property

Clarence Alford

(267) 971-5452 clarencealford@aol.com RE/MAX Affiliates License #RS311851 Listed on: 01/19/2020

RE/MAX Affiliates

Last Buyer's Agent

Christopher Chang

(215) 391-9743 shanmei168@ymail.com Realty Mark Associates-CC

Realty Mark Associates-CC

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

  • On-Street Parking

Home Design

  • Straight Thru Architecture
  • Flat Roof Shape
  • Masonry

Interior Spaces

  • 1,260 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Room
  • Basement

Kitchen

  • Eat-In Kitchen
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Olney Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 20
  • Assessor Parcel Number 612001700

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
  • Exclusions: current occupant personal property
  • Home Warranty: Yes
  • Inclusions: washer and dryer, refrigerator
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dryer, Stove, Washer, Water Heater
  • Interior Amenities: Ceiling Fan(s), Dining Area, Kitchen - Eat-In, Tub Shower, Window Treatments
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen
  • Basement: Yes
  • Total Sq Ft: 1260
  • Living Area Sq Ft: 1260
  • Price Per Sq Ft: 79.37
  • 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
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • 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
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 82450.00
  • Land Assessed Value: 14550.00
  • 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

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1333461
  • School Tax: 745.00
  • Tax Annual Amount: 1358.00
  • Assessor Parcel Number: 612001700
  • Tax Lot: 20
  • County Tax Payment Frequency: Annually
  • 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
Jan 19, 2020
Closed on
Sep 18, 2020
Sold by
Estate Of Lidzca Dakuginow
Bought by
Vilayphan Babbe Bell and Vilayphan Phongeun
Seller's Agent
Clarence Alford
RE/MAX Affiliates
Buyer's Agent
Christopher Chang
Realty Mark Associates-CC
List Price
$100,000
Sold Price
$80,000
Premium/Discount to List
-$20,000
-20%
Current Estimated Value
$161,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,255
Avg. Annual Appreciation
14.70%
Original Mortgage
$64,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 1983
Bought by
Dakuginow Lidzca
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
Vilayphan Babbe Bell $80,000 Olde City Abstract Inc
Dakuginow Lidzca -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vilayphan Babbe Bell $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold $80,000 -20.0% $63 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
06/27/2020 06/27/20 For Sale $100,000 +25.0% $79 / Sq Ft
03/02/2020 03/02/20 Off Market $80,000 -- --
02/09/2020 02/09/20 Price Changed $100,000 -9.1% $79 / Sq Ft
01/19/2020 01/19/20 For Sale $110,000 -- $87 / 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 $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 $1,358 $127,800 $25,560 $102,240
2021 $1,358 $0 $0 $0
2020 $1,358 $97,000 $14,550 $82,450
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 -- $11,744 $1,849 $9,895
Source: Public Records

Agents Affiliated with this Home

  • Clarence Alford

    Seller's Agent in 2020

    Clarence Alford

    RE/MAX

    (267) 971-5452

    5 in this area

    32 Total Sales

    Clarence Alford
    Section Image
  • Christopher Chang

    Buyer's Agent in 2020

    Christopher Chang

    Realty Mark Associates-CC

    (215) 391-9743

    66 Total Sales

    Christopher Chang
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH864394

Bright MLS

APN: 612001700

Pennsylvania Philadelphia County Philadelphia 19120 Olney

542 W Somerville Ave, Philadelphia, PA

This home is located at 542 W Somerville Ave, Philadelphia, PA 19120 since 19 January 2020 and is currently estimated at $161,255, approximately $127 per square foot. This property was built in 1940. 542 W Somerville Ave is a home located in Philadelphia County with nearby schools including Thurgood Marshall School, Birney Preparatory Academy, and Olney Charter High School.

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