NOT LISTED FOR SALE

Estimated Value: $491,000 - $519,335

-- Bed
-- Bath
2,484 Sq Ft
$203/Sq Ft Est. Value

Last Sold November 09, 2016

Last sale price $277,500 $112 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,307/month

39 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Laundry Facilities
  • Home Security System
  • Ceiling Fan
  • 3-minute walk to 33rd and Wallace Playground

About This Home

As of November 2016

Turn key fully rented two unit investment property close to Drexel and Center City. Unit 1: Large two bedroom, one full bathroom apartment has been recently renovated. Kitchen features all new appliances including full size range, dishwasher, refrigerator, and microwave. High ceilings and hardwood floors throughout the apartment. The living room located in the rear of the apartment opens out to a private backyard. Tile bathroom with large tub and stand up shower. Unit 2: is a three bedroom, two full bathroom apartment has been recently renovated. Kitchen features all new appliances including full size range, dishwasher, refrigerator, and built-in microwave. High ceilings and hardwood floors throughout the apartment. The living room located directly off the kitchen opens out to a roof top deck. Tile bathroom with large tub and stand up shower. Shared washer and dryer in basement. Located near shopping, public transportation and 30th street station. Within walking distance to Drexel, PENN, CHOP and HUP. Don't miss your chance to see this stunning property! Property is under a 10 year tax abatement, starting in 2009.

Last Agent to Sell the Property

Ian Perler

KW Empower Listed on: 07/15/2016

KW Empower

Last Buyer's Agent

Jeffrey Mayer

BHHS Fox & Roach-Center City Walnut

BHHS Fox & Roach-Center City Walnut

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $351

Year Built

  • Built in 1930

Lot Details

  • 2,439 Sq Ft Lot
  • Lot Dimensions are 26x95
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,484 Sq Ft Home
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Home Security System

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 242163200

Community Details

Overview

  • No Home Owners Association
  • Mantua Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $1,750
  • Operating Expense $3,201

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$351

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Inclusions: 10- Year Tax Abatement Obtained In 2009
  • New Construction: No
  • Year Built: 1930
  • Remarks Public: Turn key fully rented two unit investment property close to Drexel and Center City. Unit 1: Large two bedroom, one full bathroom apartment has been recently renovated. Kitchen features all new appliances including full size range, dishwasher, refrigerator, and microwave. High ceilings and hardwood floors throughout the apartment. The living room located in the rear of the apartment opens out to a private backyard. Tile bathroom with large tub and stand up shower. Unit 2: is a three bedroom, two full bathroom apartment has been recently renovated. Kitchen features all new appliances including full size range, dishwasher, refrigerator, and built-in microwave. High ceilings and hardwood floors throughout the apartment. The living room located directly off the kitchen opens out to a roof top deck. Tile bathroom with large tub and stand up shower. Shared washer and dryer in basement. Located near shopping, public transportation and 30th street station. Within walking distance to Drexel, PENN, CHOP and HUP. Don't miss your chance to see this stunning property! Property is under a 10 year tax abatement, starting in 2009.
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Entry Location: Foyer
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Common
  • Total Sq Ft: 2484
  • Living Area Sq Ft: 2484
  • Price Per Sq Ft: 120.77
  • Above Grade Finished Sq Ft: 2484
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 655

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: 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
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1100.00
  • 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: 244.00
  • Land Assessed Value: 24866.00
  • Land Use Code: N50
  • Lot Size Acres: 0.06
  • Lot Dimensions: 26X95
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2439.00
  • Property Condition: Good
  • Zoning: RSA3

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 25200.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1028272
  • Tax Annual Amount: 351.00
  • Assessor Parcel Number: 242163200
  • Tax Lot: 30
  • Tax Year: 2016
  • Close Date: 11/09/2016

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2016
Closed on
Oct 31, 2016
Sold by
Property Lines Llc
Bought by
Lee Myoung S and Lee Sung J
Seller's Agent
Ian Perler
KW Empower
Buyer's Agent
Jeffrey Mayer
BHHS Fox & Roach-Center City Walnut
List Price
$325,000
Sold Price
$277,500
Premium/Discount to List
-$47,500
-14.62%
Current Estimated Value
$504,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,278
Avg. Annual Appreciation
8.17%
Original Mortgage
$272,473
Outstanding Balance
$225,635
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$327,963

Purchase Details

Closed on
Sep 9, 2009
Sold by
Stenmark Zung Don Rut Nina Maritta and Metreyeon Zung Don Rut Nina Maritta Sten
Bought by
Property Lines Llc

Purchase Details

Closed on
Feb 8, 2006
Sold by
Merritt Ronnie D
Bought by
Stenmark Zung Don Rut Nina Maritta

Purchase Details

Closed on
Oct 30, 1996
Sold by
Merritt Rhiana and Merritt Ronnie D
Bought by
Merritt Ronnie D
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
Lee Myoung S $277,500 Foundation Abstract Llc
Property Lines Llc $70,000 North American Title Agency
Stenmark Zung Don Rut Nina Maritta $58,000 None Available
Merritt Ronnie D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Sung J $38,502
Open Lee Myoung S $272,473
Previous Owner Property Lines Llc $165,000
Previous Owner Property Lines Llc $427,000
Previous Owner Property Lines Llc $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2016 11/09/16 Sold $277,500 -14.6% $112 / Sq Ft
08/23/2016 08/23/16 Pending -- -- --
07/15/2016 07/15/16 For Sale $325,000 -- $131 / 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 $7,541 $569,300 $113,860 $455,440
2024 $7,541 $569,300 $113,860 $455,440
2023 $7,541 $538,700 $107,740 $430,960
2022 $4,045 $538,700 $107,740 $430,960
2021 $4,045 $0 $0 $0
2020 $578 $0 $0 $0
2019 $556 $0 $0 $0
2018 $830 $0 $0 $0
2017 $830 $0 $0 $0
2016 $351 $0 $0 $0
2015 $335 $0 $0 $0
2014 -- $270,500 $24,866 $245,634
2012 -- $55,648 $4,672 $50,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002457650

Bright MLS

APN: 242163200