NOT LISTED FOR SALE

6878 Forrest Ave Philadelphia, PA 19138

West Oak Lane Neighborhood

Estimated Value: $173,000 - $209,000

3 Beds
1 Bath
1,182 Sq Ft
$157/Sq Ft Est. Value

Last Sold June 10, 2016

Last sale price $65,000 $55 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $1,071/month

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • Living Room
  • No HOA
  • Eat-In Kitchen
  • En-Suite Primary Bedroom

About This Home

As of June 2016

Great opportunity for an owner occupant to utilize a renovation loan to restore this home to its former glory! Also a great opportunity for investors/contractors to capitalize on the activity in the area. 3 bedroom/1 bath home conveniently located near shopping, public transportation and major roadways. First floor features open floor plan with large foyer/entry way that can be used as a sitting area, living room, dining room and eat-in kitchen. Second floor features 3 large bedrooms and 1 bathroom. Full basement and garage on lower level. Property is being sold in as-is condition.

Last Agent to Sell the Property

Edward Welch

(610) 331-7655 EWelch@welchgroup.net Higgins & Welch Real Estate, Inc. Listed on: 05/07/2016

Co-Listed By

Erin Thompson

(610) 724-5702 erinthompson@compass.com Compass RE License #AB068517

Last Buyer's Agent

Andrew Frank

(215) 385-0060 ANDREW.FRANK@longandfoster.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,363

Year Built

  • Built in 1925

Lot Details

  • 1,125 Sq Ft Lot
  • Lot Dimensions are 15x75
  • Property is in below average condition

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • 1,182 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • West Oak Lane Subdivision

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 102515300

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,363

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Upper 1
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 1182
  • Living Area Sq Ft: 1182
  • Net Sq Ft: 1182.00
  • Price Per Sq Ft: 42.30
  • Above Grade Finished Sq Ft: 1182
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1.00

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 Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 1
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water
  • 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
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 90200.00
  • Land Assessed Value: 7200.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 15X75
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1125.00
  • Property Condition: Below Average
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 939778
  • Tax Annual Amount: 1363.00
  • Assessor Parcel Number: 102515300
  • Tax Lot: 54
  • Tax Year: 2016

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2016
Closed on
Jun 3, 2016
Sold by
Financial Mortgage Consutants Llc
Bought by
Desteam Invesments Llc
Seller's Agent
Edward Welch
Higgins & Welch Real Estate, Inc.
Buyer's Agent
Andrew Frank
Long & Foster Real Estate, Inc.
List Price
$50,000
Sold Price
$65,000
Premium/Discount to List
$15,000
30%
Current Estimated Value
$185,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,180
Avg. Annual Appreciation
11.79%

Purchase Details

Closed on
Jun 2, 2015
Sold by
Willaim Linda F
Bought by
Financial Mortgage Consultants Llc

Purchase Details

Closed on
Nov 23, 1983
Bought by
Williams Linda F
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
Desteam Invesments Llc $65,000 None Available
Financial Mortgage Consultants Llc -- First American Title Insuran
Williams Linda F $21,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2016 06/10/16 Sold $65,000 +30.0% $55 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
05/07/2016 05/07/16 For Sale $50,000 -- $42 / 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 $1,229 $107,300 $21,460 $85,840
2025 $1,229 $107,300 $21,460 $85,840
2024 $1,229 $107,300 $21,460 $85,840
2023 $1,229 $87,800 $17,560 $70,240
2022 $928 $87,800 $17,560 $70,240
2021 $928 $0 $0 $0
2020 $928 $0 $0 $0
2019 $969 $0 $0 $0
2018 $1,363 $0 $0 $0
2017 $1,363 $0 $0 $0
2016 $1,363 $0 $0 $0
2015 $9,087 $0 $0 $0
2014 -- $93,000 $7,200 $85,800
2012 -- $12,928 $2,150 $10,778
Source: Public Records

Agents Affiliated with this Home

  • Edward Welch

    Seller's Agent in 2016

    Edward Welch

    Higgins & Welch Real Estate, Inc.

    (610) 331-7655

    1 in this area

    152 Total Sales

    Edward Welch
    Section Image
  • Erin Thompson

    Seller Co-Listing Agent in 2016

    Erin Thompson

    Compass RE

    (610) 724-5702

    101 Total Sales

    Erin Thompson
    Section Image
  • Andrew Frank

    Buyer's Agent in 2016

    Andrew Frank

    Long & Foster

    (215) 385-0060

    26 Total Sales

    Andrew Frank
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002426162

Bright MLS

APN: 102515300

Pennsylvania Philadelphia County Philadelphia 19138 West Oak Lane

6878 Forrest Ave, Philadelphia, PA

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