NOT LISTED FOR SALE

Estimated Value: $248,000 - $264,000

-- Bed
-- Bath
1,260 Sq Ft
$203/Sq Ft Est. Value

Last Sold May 27, 2015

Last sale price $61,000 $48 Per Sq Ft

Est. 320% increase in value since last sale

Current estimated payment $1,569/month

Highlights

  • No HOA
  • Hot Water Heating System
  • Wall to Wall Carpet
  • En-Suite Primary Bedroom

About This Home

As of May 2015

Great opportunity to buy a well divided duplex. Property needs work but has lots of potential. There is a semi finished basement with 1/2 bathroom, utility room and another room that was made out of the garage. The 1st floor has 1 bedroom, nice bathroom, decent size kitchen and large living room. The 2nd floor has large Living Room, good size bathroom, eat in kitchen and good size bedroom. There is no seller's disclosures. Buyers are responsible for both sides of the transfer tax (CITY & STATE), ordering and paying for all township certifications as required by law. This is a FANNIE MAE Home Path Property. See attached lead paint and owner occupant documentation. This property is part of the First Look Initiative and it ends 1/14/2015, therefore offers from owner occupants will be considered, investors offers will be submitted after First Look Initiative ends at that time. All offers to be to made thru Home Path online website. For further information please contact listing agent. Agent: For further information contact listing agent at 215.317.0587. Thank you.

Last Agent to Sell the Property

Joe Cruz

Liberty REO Realty License #RM425069 Listed on: 12/23/2014

Last Buyer's Agent

Joe Cruz

Liberty REO Realty License #RM425069 Listed on: 12/23/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 1,554 Sq Ft Lot
  • Lot Dimensions are 15x103

Parking

  • 2 Open Parking Spaces

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,260 Sq Ft Home
  • Wall to Wall Carpet
  • Basement Fills Entire Space Under The House

Utilities

  • Radiator
  • Heating System Uses Gas
  • Hot Water Heating System
  • 60 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 186
  • Assessor Parcel Number 552222400

Community Details

Overview

  • No Home Owners Association
  • Wissinoming Subdivision

Building Details

  • Operating Expense $1,581

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

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: 1949
  • Remarks Public: Great opportunity to buy a well divided duplex. Property needs work but has lots of potential. There is a semi finished basement with 1/2 bathroom, utility room and another room that was made out of the garage. The 1st floor has 1 bedroom, nice bathroom, decent size kitchen and large living room. The 2nd floor has large Living Room, good size bathroom, eat in kitchen and good size bedroom. There is no seller's disclosures. Buyers are responsible for both sides of the transfer tax (CITY & STATE), ordering and paying for all township certifications as required by law. This is a FANNIE MAE Home Path Property. See attached lead paint and owner occupant documentation. This property is part of the First Look Initiative and it ends 1/14/2015, therefore offers from owner occupants will be considered, investors offers will be submitted after First Look Initiative ends at that time. All offers to be to made thru Home Path online website. For further information please contact listing agent. Agent: For further information contact listing agent at 215.317.0587. Thank you.
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1260
  • Living Area Sq Ft: 1260
  • Price Per Sq Ft: 51.59
  • Above Grade Finished Sq Ft: 1260
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6244

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2

Utilities

  • Central Air Conditioning: No
  • Electric Service: 60 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water, Radiator
  • 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: 96168.00
  • Land Assessed Value: 21832.00
  • Land Use Code: U30
  • Lot Size Acres: 0.04
  • Lot Dimensions: 15X103
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1554.00
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1284094
  • Tax Annual Amount: 1581.00
  • Assessor Parcel Number: 552222400
  • Tax Lot: 186
  • Tax Year: 2015
  • Close Date: 05/27/2015

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2014
Closed on
Apr 20, 2015
Sold by
Fannie Mae
Bought by
Pessa Patricia and Harvey Francis
Seller's Agent
Joe Cruz
Liberty REO Realty
Buyer's Agent
Joe Cruz
Liberty REO Realty
List Price
$80,000
Sold Price
$61,000
Premium/Discount to List
-$19,000
-23.75%
Current Estimated Value
$256,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,000
Avg. Annual Appreciation
14.71%

Purchase Details

Closed on
Jan 8, 2015
Sold by
Concilio Pasquale J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 16, 2005
Sold by
Fee John B and Fee Anne M
Bought by
Concilio Pasquale J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
5.82%
Mortgage Type
Commercial
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
Pessa Patricia $61,000 None Available
Federal National Mortgage Association $9,400 None Available
Concilio Pasquale J $132,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Concilio Pasquale J $106,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2015 05/27/15 Sold $61,000 -23.8% $48 / Sq Ft
04/09/2015 04/09/15 Pending -- -- --
12/23/2014 12/23/14 For Sale $80,000 -- $63 / 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 $2,458 $243,200 $48,640 $194,560
2024 $2,458 $243,200 $48,640 $194,560
2023 $2,458 $175,600 $35,120 $140,480
2022 $1,683 $175,600 $35,120 $140,480
2021 $1,683 $0 $0 $0
2020 $1,683 $0 $0 $0
2019 $1,614 $0 $0 $0
2018 $1,652 $0 $0 $0
2017 $1,652 $0 $0 $0
2016 $55 $0 $0 $0
2015 $1,581 $0 $0 $0
2014 -- $118,000 $21,832 $96,168
2012 -- $16,256 $1,656 $14,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003182498

Bright MLS

APN: 552222400