NOT LISTED FOR SALE

Estimated Value: $183,000 - $269,000

-- Bed
2 Baths
1,716 Sq Ft
$136/Sq Ft Est. Value

Last Sold January 11, 2022

Last sale price $218,000 $127 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,539/month

4 Days on Market

About This Home

As of January 2022

Don't miss out on this fantastic income opportunity on a multi-family home! This well maintained duplex features 2 units each with 2 bedrooms and a full bath! Each unit features in-unit laundry and driveway parking. The second floor is currently leased to an excellent paying, long term tenant. The vacant first floor unit features a new Luxury Vinyl Plank floor in the living areas, a freshly updated bathroom, a new heating system and was freshly painted. There is also a small fenced back yard. With a cap rate of 9.5 this is sure to be an excellent addition to any portfolio. Make your appointment today!

Last Agent to Sell the Property

Jim Comly

Coldwell Banker Realty Listed on: 12/11/2021

Coldwell Banker Realty

Last Buyer's Agent

JEFFREY LEYSON

Realty Mark Cityscape-Huntingdon Valley License #RS319730

Realty Mark Cityscape-Huntingdon Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,943

Year Built

  • Built in 1974

Lot Details

  • 1,529 Sq Ft Lot
  • Lot Dimensions are 21.84 x 70.00
  • Property is in good condition

Home Design

  • 1,716 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Masonry

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking

Utilities

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

Listing and Financial Details

  • The owner pays for sewer, water, trash collection
  • Tax Lot 89
  • Assessor Parcel Number 351086460

Community Details

Overview

  • 2 Units
  • Lawncrest Subdivision

Building Details

  • 1 Vacant Unit
  • Insurance Expense $2,400
  • Trash Expense $500
  • Operating Expense $6,044
  • Net Operating Income $21,856

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,943

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: (2) Washers, (2) dryers, (2) refrigerators (all as-is).
  • New Construction: No
  • Expected On Market: 2021-12-11
  • Year Built: 1974
  • Automatically Close On Close Date: Yes
  • Remarks Public: Don't miss out on this fantastic income opportunity on a multi-family home! This well maintained duplex features 2 units each with 2 bedrooms and a full bath! Each unit features in-unit laundry and driveway parking. The second floor is currently leased to an excellent paying, long term tenant. The vacant first floor unit features a new Luxury Vinyl Plank floor in the living areas, a freshly updated bathroom, a new heating system and was freshly painted. There is also a small fenced back yard. With a cap rate of 9.5 this is sure to be an excellent addition to any portfolio. Make your appointment today!
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Ceramic Tile, Luxury Vinyl Plank
  • Fireplace: No
  • Foundation Details: Slab
  • Basement: No
  • Total Sq Ft: 1716
  • Living Area Sq Ft: 1716
  • Price Per Sq Ft: 134.03
  • Above Grade Finished Sq Ft: 1716
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 577

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
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 500.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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

  • Improvement Assessed Value: 117425.00
  • Land Assessed Value: 21375.00
  • Land Use Code: W31
  • Lot Size Acres: 0.04
  • Lot Dimensions: 21.84 x 70.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1529.00
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: RM1

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: Sewer, Water, Trash Collection
  • Total Actual Rent: 27900.00
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1102149
  • School Tax: 1066.00
  • Tax Annual Amount: 1943.00
  • Assessor Parcel Number: 351086460
  • Tax Lot: 89
  • Tax Total Finished Sq Ft: 1716
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 01/11/2022

Multi Family

  • Number Of Units Vacant: 1
  • Gross Income: 27900.00
  • Operating Expense: 6044.00
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2021
Closed on
Jan 11, 2022
Sold by
Unknown
Seller's Agent
Jim Comly
Coldwell Banker Realty
Buyer's Agent
JEFFREY LEYSON
Realty Mark Cityscape-Huntingdon Valley
List Price
$230,000
Sold Price
$218,000
Premium/Discount to List
-$12,000
-5.22%
Current Estimated Value
$233,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,647
Avg. Annual Appreciation
1.77%
Original Mortgage
$214,051
Interest Rate
3.22%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 29, 2013
Closed on
Mar 26, 2014
Sold by
Cruz Idalia M and Otero Isabel E
Bought by
Moise Vibert
Seller's Agent
Ivan Cruz
BHHS Fox & Roach Rittenhouse Office at Walnut St
Buyer's Agent
Jim Comly
Coldwell Banker Realty
List Price
$119,500
Sold Price
$115,000
Premium/Discount to List
-$4,500
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%
Original Mortgage
$112,917
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 12, 2013
Sold by
Cruz Idalia M
Bought by
Cruz Idalia M and Otero Isabel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,200
Interest Rate
4.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 1997
Sold by
Pell Ronald J and Pell Sheila M
Bought by
Cruz Idalia M
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
-- $218,000 None Listed On Document
Moise Vibert $115,000 None Available
Cruz Idalia M -- None Available
Cruz Idalia M $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner -- $214,051
Previous Owner Moise Vibert $112,917
Previous Owner Cruz Idalia M $84,200
Previous Owner Cruz Idalia M $82,800
Previous Owner Cruz Idalia M $67,000
Previous Owner Cruz Idalia M $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2022 01/11/22 Sold $218,000 -5.2% $127 / Sq Ft
12/11/2021 12/11/21 For Sale $230,000 +100.0% $134 / Sq Ft
03/25/2014 03/25/14 Sold $115,000 -3.8% $67 / Sq Ft
02/18/2014 02/18/14 Pending -- -- --
11/29/2013 11/29/13 For Sale $119,500 -- $70 / 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 $3,193 $221,800 $44,360 $177,440
2024 $3,193 $221,800 $44,360 $177,440
2023 $3,193 $228,100 $45,620 $182,480
2022 $1,943 $228,100 $45,620 $182,480
2021 $1,943 $0 $0 $0
2020 $1,943 $0 $0 $0
2019 $1,865 $0 $0 $0
2018 $1,839 $0 $0 $0
2017 $1,839 $0 $0 $0
2016 $1,839 $0 $0 $0
2015 $1,761 $0 $0 $0
2014 -- $131,400 $19,181 $112,219
2012 -- $10,016 $1,429 $8,587
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2052730

Bright MLS

APN: 351086460