NOT LISTED FOR SALE

Estimated Value: $136,957 - $184,000

-- Bed
-- Bath
1,152 Sq Ft
$130/Sq Ft Est. Value

Last Sold February 28, 2012

Last sale price $11,550 $10 Per Sq Ft

Est. 1,201% increase in value since last sale

Current estimated payment $958/month

Highlights

  • No HOA
  • 1-minute walk to 62Nd Street And Elmwood Avenue
  • 5-minute walk to Connell Park
  • En-Suite Primary Bedroom
  • Heating System Uses Gas

About This Home

As of February 2012

This property is now under auction terms. Pre and post sale offers should be submitted at hudsonandmarshall-dot-com/agent. Commission paid at escrow will be 2% to the listing broker with a $1500 minimum and 2% to the successful cooperating broker with a $1500 minimum. There is not a set minimum starting bid. All auctioned properties are subject to a 5% buyers premium and subject to a reserve price. Seller REQUIRES buyer provide proof of funds or obtain a free Pre-Qualification letter from Wells Fargo Home Mortgage and/or its assigns including all Joint Ventures. The buyer is in no way obligated to obtain financing from Wells Fargo Home Mortgage and is free to obtain financing from any lender the buyer so chooses. Free pre-qualification can be obtained online at: wfhm-dot-com

Last Agent to Sell the Property

Rosann Connor

Connor & Connor REO License #RM418983 Listed on: 08/30/2011

Last Buyer's Agent

Rosann Connor

Connor & Connor REO License #RM418983 Listed on: 08/30/2011

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 937 Sq Ft Lot
  • Lot Dimensions are 16x59

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Vinyl Siding
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,152 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number 402197800

Community Details

Overview

  • No Home Owners Association
  • Philadelphia Subdivision

Building Details

  • Operating Expense $857

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1921
  • Remarks Public: This property is now under auction terms. Pre and post sale offers should be submitted at hudsonandmarshall-dot-com/agent. Commission paid at escrow will be 2% to the listing broker with a $1500 minimum and 2% to the successful cooperating broker with a $1500 minimum. There is not a set minimum starting bid. All auctioned properties are subject to a 5% buyers premium and subject to a reserve price. Seller REQUIRES buyer provide proof of funds or obtain a free Pre-Qualification letter from Wells Fargo Home Mortgage and/or its assigns including all Joint Ventures. The buyer is in no way obligated to obtain financing from Wells Fargo Home Mortgage and is free to obtain financing from any lender the buyer so chooses. Free pre-qualification can be obtained online at: wfhm-dot-com
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1152
  • Living Area Sq Ft: 1152
  • Price Per Sq Ft: 21.61
  • Above Grade Finished Sq Ft: 1152
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6135

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Stucco, Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Improvement Assessed Value: 8375.00
  • Land Assessed Value: 1065.00
  • Land Use Code: U30
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16X59
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 937.00
  • Zoning: R10

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1160090
  • Tax Annual Amount: 857.00
  • Assessor Parcel Number: 402197800
  • Tax Lot: 51
  • Tax Year: 2011
  • Close Date: 02/28/2012

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2011
Closed on
Jan 31, 2012
Sold by
Us Bank National Association
Bought by
Tate Nia
Seller's Agent
Rosann Connor
Connor & Connor REO
Buyer's Agent
Rosann Connor
Connor & Connor REO
List Price
$55,000
Sold Price
$11,550
Premium/Discount to List
-$43,450
-79%
Current Estimated Value
$150,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,689
Avg. Annual Appreciation
18.61%

Purchase Details

Closed on
Jun 28, 2010
Sold by
Jaji Olusegun
Bought by
U S Bank National Association

Purchase Details

Closed on
Sep 28, 2004
Sold by
Hud
Bought by
Jaji Olusegun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
5.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 2003
Sold by
Wells Fargo Home Mortgage Inc
Bought by
Hud

Purchase Details

Closed on
Nov 17, 2003
Sold by
Doan Thu
Bought by
Wells Fargo Home Mortgage Inc

Purchase Details

Closed on
Feb 26, 2002
Sold by
Lee Chi
Bought by
Doan Thu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,545
Interest Rate
7.04%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 25, 2002
Sold by
U S Bank National Assn
Bought by
Lee Chi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,545
Interest Rate
7.04%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 25, 2001
Sold by
Johnson Stephen R and First Bank National Assn
Bought by
U S Bank National Assn and Eqcc Home Equity Loan Trust 1996-A
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
Tate Nia $11,550 Land Title Services
U S Bank National Association $44,000 None Available
Jaji Olusegun $40,000 --
Hud -- --
Wells Fargo Home Mortgage Inc $4,400 --
Doan Thu $58,000 --
Lee Chi $17,000 --
U S Bank National Assn $5,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jaji Olusegun $73,200
Previous Owner Jaji Olusegun $32,000
Previous Owner Doan Thu $57,545
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2012 02/28/12 Sold $11,550 -79.0% $10 / Sq Ft
01/17/2012 01/17/12 Pending -- -- --
08/30/2011 08/30/11 For Sale $55,000 -- $48 / 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 $1,886 $106,700 $21,340 $85,360
2024 $1,886 $106,700 $21,340 $85,360
2023 $1,886 $134,700 $26,900 $107,800
2022 $1,110 $134,700 $26,900 $107,800
2021 $1,110 $0 $0 $0
2020 $1,110 $0 $0 $0
2019 $1,025 $0 $0 $0
2018 $575 $0 $0 $0
2017 $575 $0 $0 $0
2016 $575 $0 $0 $0
2015 $1,004 $0 $0 $0
2014 -- $74,900 $4,714 $70,186
2012 -- $9,440 $1,065 $8,375
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004500106

Bright MLS

APN: 402197800