NOT LISTED FOR SALE

Estimated Value: $260,000 - $356,472

8 Beds
3 Baths
3,060 Sq Ft
$98/Sq Ft Est. Value

Last Sold April 19, 2018

Last sale price $150,000 $49 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $1,827/month

13 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • En-Suite Primary Bedroom
  • No HOA
  • Living Room
  • Dining Room

About This Home

As of April 2018

Attention investors, this Stately Cash Cow single, duplex in Oak Lane boasts two huge apartments, over three thousand square feet of living space and has amazing upside potential. One apartment is has two bedrooms and one bathroom and the other apartment houses six bedrooms and one bathroom. There is separate electric services for both apartments, a huge 30+ foot yard, modern eat in kitchens and updated bathrooms. This place is a no brainer, and should generate at least $2,400.00/ month income. It needs cosmetics thruout, but the bones are Great, and the neighborhood is Fantastic! Separate the heat, paint, and update some finishes, and this becomes a blue chip investment!! Priced very conservatively, this is an opportunity not to be missed.

Last Agent to Sell the Property

Michael McCann

KW Empower License #AB049770L Listed on: 01/12/2018

KW Empower

Co-Listed By

Stuart Cohen

KW Empower License #RS154730A

Last Buyer's Agent

Angela Brown

Keller Williams Realty - Cherry Hill License #RS337140

Keller Williams Realty - Cherry Hill

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,322

Year Built

  • Built in 1925

Lot Details

  • 6,075 Sq Ft Lot
  • Lot Dimensions are 44x140
  • Property is zoned CMX2

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 3,060 Sq Ft Home
  • Property has 3 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Utilities

  • Heating System Uses Oil
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • East Oak Lane Subdivision

Listing and Financial Details

  • Tax Lot 79
  • Assessor Parcel Number 611422900

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,322

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 3060
  • Living Area Sq Ft: 3060
  • Net Sq Ft: 3060.00
  • Price Per Sq Ft: 51.96
  • Above Grade Finished Sq Ft: 3060
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 704

Beds/Baths

  • Bedrooms: 8
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Access To Pool: 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: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Land Use Code: A56
  • Lot Size Acres: 0.14
  • Lot Dimensions: 44X140
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6075.00
  • Property Attached Yn: No
  • Zoning: CMX2

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3322.00
  • Assessor Parcel Number: 611422900
  • Tax Lot: 79
  • Tax Year: 2018
  • Close Date: 04/19/2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2025
Sold by
Royal Jason
Bought by
704 Oak Ln Llc
Current Estimated Value
$300,368

Purchase Details

Closed on
Jul 23, 2024
Sold by
Brown Cynthia and Ziegler Tammy
Bought by
Royal Jason

Purchase Details

Closed on
Dec 28, 2018
Sold by
Brown Cynthia and Ziegler Tammy
Bought by
Brown Cynthia and Ziegler Tammy

Purchase Details

Listed on
Jan 12, 2018
Closed on
Apr 11, 2018
Sold by
Janus Group Llc
Bought by
Ziegler Tammy and Royal Cynthia
Seller's Agent
Michael McCann
KW Empower
Buyer's Agent
Angela Brown
Keller Williams Realty - Cherry Hill
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.91%
Original Mortgage
$37,000
Interest Rate
4.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 5, 2016
Sold by
Kim Sang S
Bought by
Janus Group Llc

Purchase Details

Closed on
Jul 11, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Kim Sang Soo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,745
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2007
Sold by
Welch Donald R
Bought by
Deutsche Bank National Trust Co and Ameriquest Mortgage Securities Inc Asset

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,745
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2003
Sold by
Welsh Douglas and Welch Douglas
Bought by
Welch Donald R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.02%
Mortgage Type
Unknown
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
704 Oak Ln Llc $270,000 First Platinum Abstract
Royal Jason -- None Listed On Document
Brown Cynthia -- None Available
Ziegler Tammy $150,000 Core Abstract
Janus Group Llc $130,000 None Available
Kim Sang Soo $183,000 Land Title Services
Deutsche Bank National Trust Co $130,000 None Available
Welch Donald R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ziegler Tammy $37,000
Previous Owner Kim Sang Soo $185,745
Previous Owner Welch Donald R $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2018 04/19/18 Sold $150,000 -5.7% $49 / Sq Ft
01/25/2018 01/25/18 Pending -- -- --
01/12/2018 01/12/18 For Sale $159,000 -- $52 / 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 $2,293 $218,400 $43,680 $174,720
2024 $2,293 $218,400 $43,680 $174,720
2023 $2,293 $163,800 $32,760 $131,040
2022 $1,271 $118,800 $32,760 $86,040
2021 $1,901 $0 $0 $0
2020 $1,901 $0 $0 $0
2019 $3,141 $0 $0 $0
2018 $3,322 $0 $0 $0
2017 $3,322 $0 $0 $0
2016 $3,322 $0 $0 $0
2015 $3,180 $0 $0 $0
2014 -- $237,300 $51,032 $186,268
2012 -- $26,592 $6,152 $20,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004448937

Bright MLS

APN: 611422900