NOT LISTED FOR SALE

Estimated Value: $348,000 - $382,000

3 Beds
2.5 Baths
1,550 Sq Ft
$236/Sq Ft Est. Value

Last Sold September 26, 2022

Last sale price $337,000 $217 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,213/month

Highlights

  • Wood Burning Stove
  • No HOA
  • Eat-In Kitchen
  • Recreation Room
  • Cottage
  • Living Room

About This Home

As of September 2022

Welcome to 7040 Algon Ave. This beautiful home shows pride of ownership and is located on a quiet tree-lined street with plenty of parking. Enjoy the newly poured welcoming front patio. Offering 3 bedrooms, 2 full baths, and the main level powder room this is a must-see. The 2nd level has 3 generously sized bedrooms with a private primary bath and additional hall bath. The finished basement has a separate laundry area and an attached 1-car garage with an exterior walk-out to the private driveway parking and a large rear fenced-in yard beyond the shared access driveway, and a new Roof in 2021. The home is located within a short distance of schools, shopping, public transportation, and the Jardel Recreation center.

Last Agent to Sell the Property

Maggie Hamson

(267) 210-8779 maggiehrealtor@gmail.com Keller Williams Realty Devon-Wayne Listed on: 07/27/2022

Keller Williams Realty Devon-Wayne

Last Buyer's Agent

Michelle Jiang

(917) 622-8968 yanqiu4@gmail.com A Plus Realtors LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,585

Year Built

  • Built in 1965

Lot Details

  • 4,848 Sq Ft Lot
  • Lot Dimensions are 32.00 x 151.00

Home Design

  • Semi-Detached or Twin Home
  • Cottage
  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Roof
  • Stone Siding

Interior Spaces

  • 1,550 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Stove
  • Living Room
  • Dining Room
  • Recreation Room
  • Storage Room
  • Laundry Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-in Shower

Finished Basement

  • Exterior Basement Entry
  • Laundry in Basement

Parking

  • 1 Parking Space
  • 1 Driveway Space
  • On-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Castor Gardens Subdivision

Listing and Financial Details

  • Tax Lot 202
  • Assessor Parcel Number 532431600

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,585

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1965
  • Automatically Close On Close Date: Yes
  • Remarks Public: Welcome to 7040 Algon Ave. This beautiful home shows pride of ownership and is located on a quiet tree-lined street with plenty of parking. Enjoy the newly poured welcoming front patio. Offering 3 bedrooms, 2 full baths, and the main level powder room this is a must-see. The 2nd level has 3 generously sized bedrooms with a private primary bath and additional hall bath. The finished basement has a separate laundry area and an attached 1-car garage with an exterior walk-out to the private driveway parking and a large rear fenced-in yard beyond the shared access driveway, and a new Roof in 2021. The home is located within a short distance of schools, shopping, public transportation, and the Jardel Recreation center.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Primary Bath(s), Stall Shower, Kitchen - Eat-In
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Laundry, Recreation Room, Storage Room, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Outside Entrance, Fully Finished
  • Laundry Type: Basement
  • Total Sq Ft: 1550
  • Living Area Sq Ft: 1550
  • Price Per Sq Ft: 225.81
  • Above Grade Finished Sq Ft: 1550
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7040

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Stone
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water, Wood Burn Stove
  • 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

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 137047.00
  • Land Assessed Value: 47653.00
  • Land Use Code: K30
  • Lot Size Acres: 0.11
  • Lot Dimensions: 32.00 x 151.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4848.00
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1269130
  • School Tax: 1418.00
  • Tax Annual Amount: 2585.00
  • Assessor Parcel Number: 532431600
  • Tax Lot: 202
  • Tax Total Finished Sq Ft: 1550
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/26/2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Sep 16, 2022
Sold by
Nguyen Tam
Bought by
Lin Changming and Lin Yiqing
Seller's Agent
Maggie Hamson
Keller Williams Realty Devon-Wayne
Buyer's Agent
Michelle Jiang
A Plus Realtors LLC
List Price
$350,000
Sold Price
$337,000
Premium/Discount to List
-$13,000
-3.71%
Views
14
Current Estimated Value
$365,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,715
Avg. Annual Appreciation
2.69%
Original Mortgage
$262,800
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2005
Sold by
Waas Adele
Bought by
Nguyen Tam and Nguyen Duyen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 19, 1997
Sold by
Waas Robert G and Waas Adele B
Bought by
Waas Adele B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,900
Interest Rate
5.94%
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
Lin Changming $337,000 --
Nguyen Tam $175,000 --
Waas Adele B -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lin Changming $262,800
Previous Owner Nguyen Tam $166,250
Previous Owner Waas Adele B $49,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2022 09/26/22 Sold $337,000 -3.7% $217 / Sq Ft
07/27/2022 07/27/22 For Sale $350,000 -- $226 / 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 $3,544 $295,700 $59,140 $236,560
2024 $3,544 $295,700 $59,140 $236,560
2023 $3,544 $253,200 $50,640 $202,560
2022 $1,956 $208,200 $50,640 $157,560
2021 $2,585 $0 $0 $0
2020 $2,585 $0 $0 $0
2019 $2,480 $0 $0 $0
2018 $2,375 $0 $0 $0
2017 $2,375 $0 $0 $0
2016 $1,956 $0 $0 $0
2015 $1,872 $0 $0 $0
2014 -- $169,700 $81,440 $88,260
2012 -- $22,560 $4,468 $18,092
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2141750

Bright MLS

APN: 532431600