NOT LISTED FOR SALE

Estimated Value: $341,000 - $429,307

5 Beds
4 Baths
2,145 Sq Ft
$173/Sq Ft Est. Value

Last Sold May 18, 2021

Last sale price $345,000 $161 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,336/month

5 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Property is in excellent condition
  • Victorian Architecture
  • Forced Air Heating and Cooling System
  • 4-minute walk to Waterview Recreation Center

About This Home

As of May 2021

Welcome home to 551 E. Locust Avenue, a brand new renovated semi-detached twin. Upon entering the home one will notice the brand new hardwood flooring and open layout of the living room and dining room. With every amenity, the kitchen comes with quartz countertops and island, stainless steel appliances and white custom wood cabinets. The spacious home has tons of windows for wonderful lighting on the first floor along with a powder room. The second floor boasts the master suite along with private bath with large shower and beautiful dual vanity. In addition, there are 2 more bedrooms and a hall bath along with a private closet where the washer and dryer are located. The third floor features two more bedrooms and another updated full bath. A full sized, dry basement is perfect for storage or a modified gym area or play room. The home has brand new electric, plumbing, roof, HVAC, and windows throughout. All the boxes are checked and it won't last long!

Last Agent to Sell the Property

Jerry Rose

Compass RE Listed on: 04/11/2021

Compass RE

Last Buyer's Agent

ABE Haupt

Elfant Wissahickon-Chestnut Hill License #RS298948

Elfant Wissahickon-Chestnut Hill

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,496

Year Built

  • Built in 1925

Lot Details

  • 3,131 Sq Ft Lot
  • Lot Dimensions are 27.50 x 113.85
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Victorian Architecture
  • Brick Exterior Construction
  • Masonry

Interior Spaces

  • 2,145 Sq Ft Home
  • Property has 3 Levels
  • Wood Flooring
  • Unfinished Basement
  • Walk-Up Access
  • Laundry on upper level

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 122071400

Community Details

Overview

  • No Home Owners Association
  • Germantown Subdivision

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,496

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Appliances-Washer/Dryer
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Welcome home to 551 E. Locust Avenue, a brand new renovated semi-detached twin. Upon entering the home one will notice the brand new hardwood flooring and open layout of the living room and dining room. With every amenity, the kitchen comes with quartz countertops and island, stainless steel appliances and white custom wood cabinets. The spacious home has tons of windows for wonderful lighting on the first floor along with a powder room. The second floor boasts the master suite along with private bath with large shower and beautiful dual vanity. In addition, there are 2 more bedrooms and a hall bath along with a private closet where the washer and dryer are located. The third floor features two more bedrooms and another updated full bath. A full sized, dry basement is perfect for storage or a modified gym area or play room. The home has brand new electric, plumbing, roof, HVAC, and windows throughout. All the boxes are checked and it won't last long!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Hardwood
  • Fireplace: No
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Stairs
  • Laundry Type: Upper Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2145
  • Living Area Sq Ft: 2145
  • Price Per Sq Ft: 162.70
  • Above Grade Finished Sq Ft: 2145
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 551

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry, Brick
  • Spa: No
  • 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: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 90865.00
  • Land Assessed Value: 16035.00
  • Land Use Code: H40
  • Lot Size Acres: 0.07
  • Lot Dimensions: 27.50 x 113.85
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3131.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: RSA3

Rental Info

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

Tax Info

  • Assessor Parcel Number: 947988
  • School Tax: 821.00
  • Tax Annual Amount: 1496.00
  • Assessor Parcel Number: 122071400
  • Tax Lot: 29
  • Tax Total Finished Sq Ft: 2145
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 05/18/2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2021
Closed on
May 7, 2021
Sold by
Thompson Real Estate Development Llc
Bought by
Flannery Shannon K and Flannery Michael
Seller's Agent
Jerry Rose
Compass RE
Buyer's Agent
ABE Haupt
Elfant Wissahickon-Chestnut Hill
List Price
$349,000
Sold Price
$345,000
Premium/Discount to List
-$4,000
-1.15%
Current Estimated Value
$391,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,209
Avg. Annual Appreciation
1.80%
Original Mortgage
$338,751
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
May 21, 2018
Closed on
Nov 4, 2019
Sold by
Thomas Rhina and Thomas David
Bought by
Thompson Real Estate Development Llc
Seller's Agent
Joseph Watson
Home Real Estate Professionals
Buyer's Agent
Jerry Rose
Compass RE
List Price
$229,900
Sold Price
$165,000
Premium/Discount to List
-$64,900
-28.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.44%
Original Mortgage
$208,802
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 27, 2014
Closed on
Jan 28, 2015
Sold by
Fannie Mae
Bought by
Thomas Rhina and Thomas David
Seller's Agent
Mary Jo Potts
Elfant Wissahickon-Mt Airy
Buyer's Agent
Roderick Walker
Keller Williams Philadelphia
List Price
$35,000
Sold Price
$51,789
Premium/Discount to List
$16,789
47.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.56%

Purchase Details

Listed on
Oct 27, 2014
Closed on
Dec 8, 2014
Sold by
Francis Karina R and Francis Karina
Bought by
Federal National Mortgage Association
Seller's Agent
Mary Jo Potts
Elfant Wissahickon-Mt Airy
Buyer's Agent
Roderick Walker
Keller Williams Philadelphia
List Price
$35,000
Sold Price
$51,789
Premium/Discount to List
$16,789
47.97%

Purchase Details

Closed on
Jun 22, 2006
Sold by
Lucas Shannon
Bought by
Francis Karina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2005
Sold by
Lucas Sandra
Bought by
Lucas Shannan C
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
Flannery Shannon K $345,000 Community First Abstract
Thompson Real Estate Development Llc $165,000 Statewide Abstract Group Inc
Thomas Rhina $51,789 Olde City Abstract Inc
Federal National Mortgage Association $15,200 None Available
Francis Karina $175,000 None Available
Lucas Shannan C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flannery Shannon K $10,353
Previous Owner Flannery Shannon K $338,751
Previous Owner Thompson Real Estate Development Llc $208,802
Previous Owner Francis Karina $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2021 05/18/21 Sold $345,000 -1.1% $161 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/11/2021 04/11/21 For Sale $349,000 +111.5% $163 / Sq Ft
11/04/2019 11/04/19 Sold $165,000 -17.5% $77 / Sq Ft
06/22/2019 06/22/19 Price Changed $199,900 -4.8% $93 / Sq Ft
04/07/2019 04/07/19 Price Changed $209,900 -4.5% $98 / Sq Ft
03/08/2019 03/08/19 Price Changed $219,900 -2.2% $103 / Sq Ft
01/26/2019 01/26/19 Price Changed $224,900 -2.2% $105 / Sq Ft
01/01/2019 01/01/19 Price Changed $229,900 0.0% $107 / Sq Ft
01/01/2019 01/01/19 For Sale $229,900 +39.3% $107 / Sq Ft
12/31/2018 12/31/18 Off Market $165,000 -- --
10/26/2018 10/26/18 Price Changed $234,900 -3.7% $110 / Sq Ft
09/09/2018 09/09/18 Price Changed $243,900 -0.4% $114 / Sq Ft
07/24/2018 07/24/18 Price Changed $244,900 -2.0% $114 / Sq Ft
05/21/2018 05/21/18 For Sale $249,900 +382.5% $117 / Sq Ft
01/30/2015 01/30/15 Sold $51,789 +48.0% $24 / Sq Ft
10/31/2014 10/31/14 Pending -- -- --
10/27/2014 10/27/14 For Sale $35,000 -- $16 / 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 $2,324 $332,000 $66,400 $265,600
2024 $2,324 $332,000 $66,400 $265,600
2023 $2,324 $166,000 $33,200 $132,800
2022 $1,496 $166,000 $33,200 $132,800
2021 $1,496 $0 $0 $0
2020 $1,496 $106,900 $16,035 $90,865
2019 $956 $0 $0 $0
2018 $1,622 $0 $0 $0
2017 $1,622 $0 $0 $0
2016 $1,591 $0 $0 $0
2015 $1,553 $0 $0 $0
2014 -- $115,900 $19,724 $96,176
2012 -- $20,992 $7,348 $13,644
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH1005418

Bright MLS

APN: 122071400