NOT LISTED FOR SALE

605 W Olney Ave Philadelphia, PA 19120

Olney Neighborhood

Estimated Value: $218,000 - $250,976

-- Bed
-- Bath
-- Sq Ft
2,475 Sq Ft Lot

Last Sold February 28, 2019

Last sale price $153,000

Est. 56% increase in value since last sale

Current estimated payment $1,509/month

23 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • Carpet
  • No HOA

About This Home

As of February 2019

Enter into this well maintained duplex in Olney section of Philadelphia and you have the option to enter into the first floor unit, or continue upstairs to the second floor unit. The first floor features a 2 bed/1 bath apartment with ample natural light. Upstairs, the second floor unit also features 2 beds/1 bath. Conveniently located near shopping, public transportation, schools and more.**Showings begin 1/21/19**

Last Agent to Sell the Property

Frank Altamuro

Coldwell Banker Realty License #RS297004 Listed on: 01/09/2019

Coldwell Banker Realty

Last Buyer's Agent

Amir Haq

Homestarr Realty

Homestarr Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,754

Year Built

  • Built in 1930

Lot Details

  • 2,475

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Masonry

Utilities

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

Additional Features

  • Carpet
  • 2,475 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 612010500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,754

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1930
  • Remarks Public: Enter into this well maintained duplex in Olney section of Philadelphia and you have the option to enter into the first floor unit, or continue upstairs to the second floor unit. The first floor features a 2 bed/1 bath apartment with ample natural light. Upstairs, the second floor unit also features 2 beds/1 bath. Conveniently located near shopping, public transportation, schools and more.**Showings begin 1/21/19**
  • Special Features: None

Interior Features

  • Interior Amenities: Carpet
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 605

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
  • Cooling Fuel: Natural Gas
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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: 106505.00
  • Land Assessed Value: 18795.00
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2475.00
  • Zoning: RSA3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1333536
  • School Tax: 962.00
  • Tax Annual Amount: 1754.00
  • Assessor Parcel Number: 612010500
  • Tax Lot: 23
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 02/28/2019

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2019
Closed on
Mar 8, 2019
Sold by
Ramdas Ganga P and Ramdas Ramdei
Bought by
Sanders Richard K
Seller's Agent
Frank Altamuro
Coldwell Banker Realty
Buyer's Agent
Amir Haq
Homestarr Realty
List Price
$158,000
Sold Price
$153,000
Premium/Discount to List
-$5,000
-3.16%
Current Estimated Value
$238,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,992
Avg. Annual Appreciation
7.04%
Original Mortgage
$150,228
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 17, 2008
Sold by
Abdul Ghany Khalid
Bought by
Ramdas Ganga P and Ramdas Ramdei

Purchase Details

Closed on
Jun 16, 2000
Sold by
Thompson Mabel E
Bought by
Ghany Khalid Abdul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,681
Interest Rate
8.59%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Sanders Richard K $153,000 Mutual Abstract Company
Ramdas Ganga P $87,000 None Available
Ghany Khalid Abdul $58,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanders Richard K $40,000
Open Sanders Richard K $149,814
Closed Sanders Richard K $150,228
Previous Owner Ghany Khalid Abdul $58,681
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $153,000 -3.2% --
01/09/2019 01/09/19 For Sale $158,000 -- --
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 $2,602 $202,000 $40,400 $161,600
2024 $2,602 $202,000 $40,400 $161,600
2023 $2,602 $185,900 $37,180 $148,720
2022 $1,208 $140,900 $37,180 $103,720
2021 $1,838 $0 $0 $0
2020 $1,838 $0 $0 $0
2019 $1,708 $0 $0 $0
2018 $1,754 $0 $0 $0
2017 $1,754 $0 $0 $0
2016 $1,754 $0 $0 $0
2015 $1,679 $0 $0 $0
2014 -- $125,300 $16,726 $108,574
2012 -- $15,488 $3,827 $11,661
Source: Public Records

Agents Affiliated with this Home

  • Frank Altamuro

    Seller's Agent in 2019

    Frank Altamuro

    Coldwell Banker Realty

    (215) 495-2348

    1 in this area

    270 Total Sales

    Frank Altamuro
    Section Image

  • A

    Buyer's Agent in 2019

    Amir Haq

    Homestarr Realty

    (215) 768-0322

    6 in this area

    52 Total Sales

    Amir Haq
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH509312

Bright MLS

APN: 612010500

Pennsylvania Philadelphia County Philadelphia 19120 Olney

605 W Olney Ave, Philadelphia, PA

This home is located at 605 W Olney Ave, Philadelphia, PA 19120 since 09 January 2019 and is currently estimated at $238,992. This property was built in 1930. 605 W Olney Ave is a home located in Philadelphia County with nearby schools including James R. Lowell Elementary School, Grover Washington Middle School, and Samuel Fels High School.

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