NOT LISTED FOR SALE

Estimated Value: $109,000 - $148,000

-- Bed
1 Bath
1,086 Sq Ft
$113/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $85,000 $78 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $728/month

Highlights

  • No HOA
  • 1-minute walk to Kingsessing Avenue And 60Th Street
  • Electric Baseboard Heater
  • Whole House Fan

About This Home

As of April 2021

Investor Opportunity!! Whether you're looking to buy your first investment property or just add to the portfolio, this property is a no brainer. Located in-between Cobbs Creek and ever encroaching University of the Sciences, Kingsessing is becoming a very desirable living location. This duplex is located off Woodland Ave with lots of accessible shopping and a hub for public transportation. The first floor unit is 1 bedroom /1 bath with a very nice sized back yard. The unit recently had a complete make over including new floors through out, new doors, new molding, and fresh paint. This unit currently has a tenant living there with a dog. The tenant has been at the property for 2 years and is finishing up his final month of his leasing term. At the end of March the first floor unit will be vacant and cleaned. Until then we are trying to only hold showings on Saturdays due to the tenants work schedule. For serious buyers we can try to make other arrangements if Saturdays wont fit in their/your schedule. The upstairs unit is 2BR/1BA and is currently vacant. Overall this unit is in fair condition but could definitely use some TLC. The unit is cleaned and painted but is dated. It was generating $800 a month in its current condition but with a few minor updates will easily generate $900 a month. This is a hot area for renters even during a pandemic. Don't miss out on this great opportunity while the market is this low!

Last Agent to Sell the Property

Josh Pezzner

(610) 563-7767 joshpezzner@gmail.com Wynn Real Estate LLC License #rs325171 Listed on: 03/08/2021

Last Buyer's Agent

Ed Pronay

(215) 870-5595 edpronay@gmail.com Anchor Realty Northeast

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,058

Year Built

  • Built in 1920

Lot Details

  • 900 Sq Ft Lot
  • Lot Dimensions are 15.00 x 60.00
  • Property is in average condition

Home Design

  • Duplex
  • Split Level Home
  • Masonry

Interior Spaces

  • 1,086 Sq Ft Home
  • Whole House Fan
  • Basement

Parking

  • Free Parking
  • On-Street Parking

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 52
  • Assessor Parcel Number 401247000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,058

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: Yes
  • Remarks Public: Investor Opportunity!! Whether you're looking to buy your first investment property or just add to the portfolio, this property is a no brainer. Located in-between Cobbs Creek and ever encroaching University of the Sciences, Kingsessing is becoming a very desirable living location. This duplex is located off Woodland Ave with lots of accessible shopping and a hub for public transportation. The first floor unit is 1 bedroom /1 bath with a very nice sized back yard. The unit recently had a complete make over including new floors through out, new doors, new molding, and fresh paint. This unit currently has a tenant living there with a dog. The tenant has been at the property for 2 years and is finishing up his final month of his leasing term. At the end of March the first floor unit will be vacant and cleaned. Until then we are trying to only hold showings on Saturdays due to the tenants work schedule. For serious buyers we can try to make other arrangements if Saturdays wont fit in their/your schedule. The upstairs unit is 2BR/1BA and is currently vacant. Overall this unit is in fair condition but could definitely use some TLC. The unit is cleaned and painted but is dated. It was generating $800 a month in its current condition but with a few minor updates will easily generate $900 a month. This is a hot area for renters even during a pandemic. Don't miss out on this great opportunity while the market is this low!
  • Special Features: None

Interior Features

  • Room Count: 5
  • Basement: Yes
  • Total Sq Ft: 1086
  • Living Area Sq Ft: 1086
  • Price Per Sq Ft: 78.27
  • Above Grade Finished Sq Ft: 1086
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6022

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: Free
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Whole House Fan, Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: 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

  • Improvement Assessed Value: 64260.00
  • Land Assessed Value: 11340.00
  • Land Use Code: O30
  • Lot Size Acres: 0.02
  • Lot Dimensions: 15.00 x 60.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 900.00
  • Property Condition: Average
  • Year Assessed: 2021
  • Zoning: RM1
  • Zoning Description: Zoned RM1 on public records and RSA5 with the city.

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1157294
  • School Tax: 581.00
  • Tax Annual Amount: 1058.00
  • Assessor Parcel Number: 401247000
  • Tax Lot: 52
  • Tax Total Finished Sq Ft: 1086
  • Tax Data Updated: Yes
  • Tax Year: 2021
  • Close Date: 04/30/2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
Apr 28, 2021
Sold by
Barzilay Rentals Llc
Bought by
Pronay Eduard and Pronay Nataliya A
Seller's Agent
Josh Pezzner
Wynn Real Estate LLC
Buyer's Agent
Ed Pronay
Anchor Realty Northeast
List Price
$85,000
Sold Price
$85,000
Current Estimated Value
$122,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,634
Avg. Annual Appreciation
8.51%
Original Mortgage
$63,750
Outstanding Balance
$57,592
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$65,042

Purchase Details

Listed on
Mar 8, 2021
Closed on
Apr 18, 2021
Sold by
Arif Aurel and Papa Pandi
Bought by
Emberson Liam E
Seller's Agent
Josh Pezzner
Wynn Real Estate LLC
Buyer's Agent
Ed Pronay
Anchor Realty Northeast
List Price
$85,000
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Outstanding Balance
$57,592
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$65,042

Purchase Details

Listed on
Mar 11, 2017
Closed on
Aug 4, 2017
Sold by
Frazier Marshall P
Bought by
Barzilay Rentals Llc
Seller's Agent
Quinetta Lee
Super Realty Group, LLC
Buyer's Agent
Noah Dutt
Keller Williams Philadelphia
List Price
$59,900
Sold Price
$46,000
Premium/Discount to List
-$13,900
-23.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.95%

Purchase Details

Closed on
Aug 6, 2015
Sold by
Cutting Edge Funding Group Llc
Bought by
Frazier Marshall Parker

Purchase Details

Closed on
Dec 15, 2006
Sold by
Ro Ro Property Developers Llc
Bought by
Cutting Edge Funding Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.29%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 21, 2006
Sold by
Kaufman Richelle and Estate Of Marshall Kaufman
Bought by
Ro Ro Property Developers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.7%
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
Pronay Eduard $85,000 1St Advantage Abstract Llc
Emberson Liam E $230,000 Title Services
Barzilay Rentals Llc $46,000 None Available
Frazier Marshall Parker $1,100 None Available
Cutting Edge Funding Group Llc $15,456 None Available
Ro Ro Property Developers Llc $11,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pronay Eduard $63,750
Previous Owner Emberson Liam E $218,500
Previous Owner Cutting Edge Funding Group Llc $232,000
Previous Owner Ro Ro Property Developers Llc $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2021 04/30/21 Sold $85,000 0.0% $78 / Sq Ft
03/13/2021 03/13/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $85,000 +84.8% $78 / Sq Ft
08/11/2017 08/11/17 Sold $46,000 -23.2% $42 / Sq Ft View Prior Sale
07/01/2017 07/01/17 Pending -- -- --
03/11/2017 03/11/17 For Sale $59,900 -- $55 / 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 $1,023 $89,200 $17,840 $71,360
2024 $1,023 $89,200 $17,840 $71,360
2023 $1,023 $73,100 $14,600 $58,500
2022 $1,058 $73,100 $14,600 $58,500
2021 $1,058 $0 $0 $0
2020 $1,058 $0 $0 $0
2019 $977 $0 $0 $0
2018 $567 $0 $0 $0
2017 $567 $0 $0 $0
2016 $567 $0 $0 $0
2015 $543 $0 $0 $0
2014 -- $40,500 $3,690 $36,810
2012 -- $4,736 $645 $4,091
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH993958

Bright MLS

APN: 401247000