NOT LISTED FOR SALE

Estimated Value: $95,000 - $156,000

3 Beds
1 Bath
1,120 Sq Ft
$120/Sq Ft Est. Value

Last Sold January 27, 2021

Last sale price $72,500 $65 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $849/month

About This Home

As of January 2021

It isn’t all that often, where an opportunity arises in a hot real estate market. Enter 6032 N. Lambert Street, which offers the opportunity to create instant equity for the right homeowner. Begin to establish your equity, and future nest egg, through a 203(k) loan, wherein a buyer can take advantage of historically low interest rates, and use your vision to build out a dream home. By utilizing the programs available for rehabbing this home, the possibilities are endless. This home sits on a nice block, in a good neighborhood, just waiting for its new owner. Take advantage of this fairly-priced home, and score your win, today. This property has been prepped for a new owner, and has many of the hallmarks needed to convert it from a house that needs some work, to a new home that beams joy.

Last Agent to Sell the Property

Peter Bishop

Independent Custom Realty LLP Listed on: 01/08/2021

Last Buyer's Agent

Peter Bishop

Independent Custom Realty LLP Listed on: 01/08/2021

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,165

Year Built

  • Built in 1925

Lot Details

  • 1,050 Sq Ft Lot
  • Lot Dimensions are 15.00 x 70.00

Parking

  • On-Street Parking

Home Design

  • AirLite
  • Masonry

Interior Spaces

  • 1,120 Sq Ft Home
  • Property has 2 Levels
  • Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Joseph Pennell Elementary School

Utilities

  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 83
  • Assessor Parcel Number 172429915

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,165

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Airlite
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1925
  • Automatically Close On Close Date: Yes
  • Remarks Public: It isn’t all that often, where an opportunity arises in a hot real estate market. Enter 6032 N. Lambert Street, which offers the opportunity to create instant equity for the right homeowner. Begin to establish your equity, and future nest egg, through a 203(k) loan, wherein a buyer can take advantage of historically low interest rates, and use your vision to build out a dream home. By utilizing the programs available for rehabbing this home, the possibilities are endless. This home sits on a nice block, in a good neighborhood, just waiting for its new owner. Take advantage of this fairly-priced home, and score your win, today. This property has been prepped for a new owner, and has many of the hallmarks needed to convert it from a house that needs some work, to a new home that beams joy.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Total Sq Ft: 1120
  • Living Area Sq Ft: 1120
  • Price Per Sq Ft: 53.57
  • Above Grade Finished Sq Ft: 1120
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6032

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

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: Hot Water
  • Heating: Yes
  • 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: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Elementary School: JOSEPH PENNELL
  • Elementary School Source: 3rd Party
  • School District Key: 300200397108
  • School District Source: 3rd Party
  • Elementary School: JOSEPH PENNELL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 70720.00
  • Land Assessed Value: 12480.00
  • Land Use Code: O30
  • Lot Size Acres: 0.02
  • Lot Dimensions: 15.00 x 70.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1050.00
  • Year Assessed: 2020
  • Zoning: RM1

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1403552
  • School Tax: 639.00
  • Tax Annual Amount: 1165.00
  • Assessor Parcel Number: 172429915
  • Tax Lot: 83
  • Tax Total Finished Sq Ft: 1120
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 01/27/2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Jan 27, 2021
Sold by
Safeguard Homes Llc
Bought by
Indigo Homes Llc
Seller's Agent
Peter Bishop
Independent Custom Realty LLP
Buyer's Agent
Peter Bishop
Independent Custom Realty LLP
List Price
$60,000
Sold Price
$72,500
Premium/Discount to List
$12,500
20.83%
Current Estimated Value
$134,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,060
Avg. Annual Appreciation
11.28%
Original Mortgage
$100,562
Outstanding Balance
$90,819
Interest Rate
2.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$28,084

Purchase Details

Closed on
Jul 22, 2019
Sold by
Douglas Racuel
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 7, 2019
Sold by
Mae Fannie and Federal National Mortgage Asso
Bought by
Sefeguard Homes Llc

Purchase Details

Closed on
Sep 12, 2007
Sold by
Committee For Dignity & Fairness For The
Bought by
Douglas Racuel

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
Indigo Homes Llc $72,500 Settlement Engine Inc
Federal National Mortgage Association -- None Available
Sefeguard Homes Llc $50,000 None Available
Douglas Racuel $70,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Indigo Homes Llc $50,000
Open Indigo Homes Llc $100,562
Previous Owner Douglas Racuel $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2021 01/27/21 Sold $72,500 +20.8% $65 / Sq Ft
01/08/2021 01/08/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $60,000 -- $54 / 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 $1,460 $82,800 $16,560 $66,240
2024 $1,460 $82,800 $16,560 $66,240
2023 $1,460 $104,300 $20,860 $83,440
2022 $1,165 $104,300 $20,860 $83,440
2021 $1,165 $0 $0 $0
2020 $1,165 $0 $0 $0
2019 $1,216 $0 $0 $0
2018 $1,215 $0 $0 $0
2017 $1,215 $0 $0 $0
2016 $795 $0 $0 $0
2015 $761 $0 $0 $0
2014 -- $86,800 $6,405 $80,395
2012 -- $6,816 $2,266 $4,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH977198

Bright MLS

APN: 172429915