NOT LISTED FOR SALE

607 Edison Ave Unit 607H Philadelphia, PA 19116

Somerton Neighborhood

Estimated Value: $212,000 - $236,000

2 Beds
1.5 Baths
1,040 Sq Ft
$25/mo HOA Fee

Last Sold April 15, 2022

Last sale price $185,000 $178 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,341/month

About This Home

As of April 2022

UNDER 200K in NE PHILLY!!!! Don't miss the opportunity!! Here's your chance to own a well-maintained Condominium with 2 Bed and 1.5 Bath in the desirable Somerton section of the far northeast. Great location!!! The main level consists of a large living room, kitchen, breakfast area and a powder room. Take a flight upstairs, you will find 2 nice size bedrooms and an updated three-piece hallway bathroom. Walking distance to shopping malls, school, and public transportation. $320/mo Association Fee covers most of the utilities including heat, water and gas; and TWO assigned Parking.
INVESTORS: Looking for an investment with a good cap rate? This is your opportunity to own a great rental where similar properties in the area renting for $1600/mo. Schedule your appointment today!!

Last Agent to Sell the Property

Marshel Varghese

(267) 738-4056 marshal4re@gmail.com Market Force Realty License #RS317721 Listed on: 03/11/2022

Market Force Realty

Last Buyer's Agent

Igor Asnis

(866) 993-8585 iasnis@marketforcerealty.com Market Force Realty License #RM422482

Market Force Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,626

Year Built

  • Built in 1979

Lot Details

  • 1,045

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Masonry

Interior Spaces

  • 1,040 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Assigned parking located at #203 & 216
  • Parking Lot
  • 2 Assigned Parking Spaces

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Natural Gas Water Heater
  • Private Sewer

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 888581366

Community Details

Overview

  • Association fees include exterior building maintenance, lawn maintenance, parking fee, sewer, water, snow removal, trash
  • Low-Rise Condominium
  • Somerton Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,626

Year Built

Built in 1979

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Inclusions: washer, dryer, refrigerator, all as-is no monetary value
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1979
  • Assigned Parking Space Numbers: 203 & 216
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 2
  • Room List: Living Room, Kitchen
  • Basement: No
  • Total Sq Ft: 1040
  • Living Area Sq Ft: 1040
  • Price Per Sq Ft: 177.79
  • Above Grade Finished Sq Ft: 1040
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Half 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

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • 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: Private Sewer
  • Water Source: Private/Community Water

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 300.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Parking Fee, Sewer, Water, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 98770.00
  • Land Assessed Value: 17430.00
  • Lot Dimensions: 0.00 x 0.00
  • Zoning: RM2

Rental Info

  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1436464
  • School Tax: 892.00
  • Tax Annual Amount: 1626.00
  • Assessor Parcel Number: 888581366
  • Tax Lot: 16
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2016
Sold by
Pothen Thampi K and Thampi Mariamma K
Bought by
Thomas Tobin and Abraham Jinu
Current Estimated Value
$221,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Outstanding Balance
$82,773
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$138,926

Purchase Details

Closed on
Sep 29, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Pothen Thampi K and Thampi Mariamma K

Purchase Details

Closed on
Apr 21, 2008
Sold by
Morrison Breynn A
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Apr 20, 2006
Sold by
Tumarenko Julia V
Bought by
Morrison Breynn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2003
Sold by
Hafler Michael and Centonze Maria S
Bought by
Tumarenko Julia
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
Thomas Tobin $110,000 None Available
Pothen Thampi K $100,000 None Available
Deutsche Bank National Trust Co $75,000 None Available
Morrison Breynn A $150,000 None Available
Tumarenko Julia $82,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Tobin $104,500
Previous Owner Morrison Breynn A $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2022 04/15/22 Sold $185,000 0.0% $178 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
03/12/2022 03/12/22 Off Market $185,000 -- --
03/11/2022 03/11/22 For Sale $184,900 -- $178 / 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 $1,789 $170,000 $25,500 $144,500
2025 $1,789 $170,000 $25,500 $144,500
2024 $1,789 $170,000 $25,500 $144,500
2023 $1,789 $127,800 $19,200 $108,600
2022 $997 $82,800 $19,200 $63,600
2021 $1,627 $0 $0 $0
2020 $1,627 $0 $0 $0
2019 $1,627 $0 $0 $0
2018 $1,548 $0 $0 $0
2017 $1,548 $0 $0 $0
2016 $1,239 $0 $0 $0
2015 $1,186 $0 $0 $0
2014 -- $88,500 $8,850 $79,650
2012 -- $13,248 $2,022 $11,226
Source: Public Records

Agents Affiliated with this Home

  • Marshel Varghese

    Seller's Agent in 2022

    Marshel Varghese

    Market Force Realty

    (267) 738-4056

    12 in this area

    76 Total Sales

    Marshel Varghese
    Section Image
  • Igor Asnis

    Buyer's Agent in 2022

    Igor Asnis

    Market Force Realty

    (866) 993-8585

    2 in this area

    42 Total Sales

    Igor Asnis
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2089916

Bright MLS

APN: 888581366

Pennsylvania Philadelphia County Philadelphia 19116 Somerton

607 Edison Ave Unit 607H, Philadelphia, PA

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