NOT LISTED FOR SALE

Estimated Value: $165,000 - $286,000

-- Bed
2 Baths
1,600 Sq Ft
$141/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $145,000 $91 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,391/month

139 Days on Market

About This Home

As of August 2024

Back on the market! 6031 Locust St, a 1,600 sq. ft. duplex located in the Cobbs Creek neighborhood of West Philadelphia. Each unit features two bedrooms and one bathroom. There was a rental license for two units in the past. There are also separate electric meters for each unit. This property is being sold as-is and where-is, with the seller not willing to make any repairs. The buyer will be responsible for the city cert.

Last Agent to Sell the Property

Ryan MacBurt

(267) 623-7707 ryan.macburt@foxroach.com BHHS Fox & Roach-Center City Walnut License #RS360931 Listed on: 03/24/2024

BHHS Fox & Roach-Center City Walnut

Co-Listed By

Jason Rabinovich

(412) 965-8859 jason@phillyhomeadvisors.com BHHS Fox & Roach-Center City Walnut License #AB068249

Last Buyer's Agent

Anthony Lee

(610) 304-4839 aleere2022@goodneighborre.com Realty ONE Group Focus License #RS322285

Realty ONE Group Focus

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,458

Year Built

  • Built in 1920

Lot Details

  • 1,200 Sq Ft Lot
  • Lot Dimensions are 16.00 x 75.00

Parking

  • On-Street Parking

Home Design

  • 1,600 Sq Ft Home
  • Duplex
  • Brick Foundation
  • Masonry

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 181
  • Assessor Parcel Number 031086400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,458

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 99.38
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet

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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • 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 Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 75.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1200.00
  • Zoning: RM1

Rental Info

  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • School Tax: 1348.00
  • Tax Annual Amount: 2458.00
  • Assessor Parcel Number: 031086400
  • Tax Lot: 181
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2024
Closed on
Aug 30, 2024
Sold by
Sullivan Gary
Bought by
Leloenterprises Llc
Seller's Agent
Ryan MacBurt
BHHS Fox & Roach-Center City Walnut
Buyer's Agent
Anthony Lee
Realty ONE Group Focus
List Price
$164,000
Sold Price
$145,000
Premium/Discount to List
-$19,000
-11.59%
Views
60
Current Estimated Value
$225,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,500
Avg. Annual Appreciation
41.58%
Original Mortgage
$160,840
Interest Rate
6.47%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 6, 2004
Sold by
Rice Terrell Brian and Rice Terrell Donna
Bought by
Terrell Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,100
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 3, 1999
Sold by
Terrell Donna Rice and Rice Donna
Bought by
Rice Terrell Brian and Rice Terrell Donna

Purchase Details

Closed on
Mar 12, 1998
Sold by
Moore Thearis J and Stewart Ethel M
Bought by
Rice Donna
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Leloenterprises Llc $145,000 Quick Abstract
Terrell Brian -- --
Rice Terrell Brian -- --
Rice Donna $13,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Leloenterprises Llc $160,840
Previous Owner Terrell Brian $51,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $145,000 -8.8% $91 / Sq Ft
08/10/2024 08/10/24 Pending -- -- --
07/16/2024 07/16/24 Price Changed $159,000 -3.0% $99 / Sq Ft
07/01/2024 07/01/24 For Sale $164,000 0.0% $103 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
05/28/2024 05/28/24 Price Changed $164,000 -3.0% $103 / Sq Ft
05/13/2024 05/13/24 Price Changed $169,000 -3.4% $106 / Sq Ft
03/24/2024 03/24/24 For Sale $175,000 -- $109 / 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
2026 $2,458 $182,600 $36,520 $146,080
2025 $2,458 $182,600 $36,520 $146,080
2024 $2,458 $182,600 $36,520 $146,080
2023 $2,458 $175,600 $35,100 $140,500
2022 $1,138 $175,600 $35,100 $140,500
2021 $1,138 $0 $0 $0
2020 $1,138 $0 $0 $0
2019 $1,096 $0 $0 $0
2018 $890 $0 $0 $0
2017 $890 $0 $0 $0
2016 $890 $0 $0 $0
2015 $2,029 $0 $0 $0
2014 -- $151,400 $6,380 $145,020
2012 -- $8,352 $1,765 $6,587
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2335052

Bright MLS

APN: 031086400