NOT LISTED FOR SALE

7040 Erdrick St Philadelphia, PA 19135

Tacony Neighborhood

Estimated Value: $272,000 - $322,917

-- Bed
2 Baths
1,504 Sq Ft
$201/Sq Ft Est. Value

Last Sold December 22, 2022

Last sale price $290,000 $193 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,908/month

2 Days on Market

Highlights

  • Wood Flooring
  • Hot Water Baseboard Heater
  • 3-minute walk to Mullin Playground
  • Playground

About This Home

As of December 2022

Investor or owner occupied looking for a duplex in the most desirable destination in Mayfair Philly. This twin has 2 units and 2 bedrooms living room, eat-in kitchen, full bathroom, full basement, rear, side, and front yard space for outdoor activities. Both apartments are currently occupied for $1000. each and can vacate or stay if the buyer prefers. Welcome to schedule your showing.

Last Agent to Sell the Property

Paul Cheng

Keller Williams Realty - Cherry Hill Listed on: 10/26/2022

Keller Williams Realty - Cherry Hill

Last Buyer's Agent

Rong Dong

Legacy Landmark Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,831

Year Built

  • Built in 1940

Lot Details

  • 2,708 Sq Ft Lot
  • Lot Dimensions are 27.00 x 100.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Flat Roof Shape
  • Stone Foundation
  • Masonry

Interior Spaces

  • 1,504 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Ceramic Tile

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Additional Features

  • Doors are 32 inches wide or more
  • Playground

Community Details

  • Mayfair Subdivision

Listing and Financial Details

  • Tax Lot 171
  • Assessor Parcel Number 552268100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,831

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • Exclusions: Tenants belongings
  • Home Warranty: No
  • Inclusions: All applicances in as is condition, Refrigerators, washer, dryer
  • New Construction: No
  • Expected On Market: 2022-10-26
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Remarks Public: Investor or owner occupied looking for a duplex in the most desirable destination in Mayfair Philly. This twin has 2 units and 2 bedrooms living room, eat-in kitchen, full bathroom, full basement, rear, side, and front yard space for outdoor activities. Both apartments are currently occupied for $1000. each and can vacate or stay if the buyer prefers. Welcome to schedule your showing.
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood, Ceramic Tile
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1504
  • Living Area Sq Ft: 1504
  • Price Per Sq Ft: 198.80
  • Above Grade Finished Sq Ft: 1504
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7040

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Play Area, Sidewalks
  • Roof: Flat
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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: 161840.00
  • Land Assessed Value: 40460.00
  • Land Use Code: H30
  • Lot Size Acres: 0.06
  • Lot Dimensions: 27.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2708.00
  • Year Assessed: 2022
  • Zoning: RSA3

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1284512
  • School Tax: 1553.00
  • Tax Annual Amount: 2831.00
  • Assessor Parcel Number: 552268100
  • Tax Lot: 171
  • Tax Total Finished Sq Ft: 1504
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/22/2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
Dec 22, 2022
Sold by
Pajollari Defrim
Bought by
Gao Zheshuo
Seller's Agent
Paul Cheng
Keller Williams Realty - Cherry Hill
Buyer's Agent
Rong Dong
Legacy Landmark Realty LLC
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%
Views
7
Current Estimated Value
$302,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,729
Avg. Annual Appreciation
-0.01%
Original Mortgage
$174,000
Outstanding Balance
$155,351
Interest Rate
5.98%
Mortgage Type
New Conventional
Estimated Equity
$134,586

Purchase Details

Listed on
Aug 8, 2012
Closed on
Jan 29, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Pajollari Defrim and Kreka Etleva
Seller's Agent
William Lublin
Century 21 Advantage Gold-Southampton
Buyer's Agent
Agron Vata
Coldwell Banker Hearthside Realtors
List Price
$107,900
Sold Price
$69,600
Premium/Discount to List
-$38,300
-35.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.57%

Purchase Details

Closed on
Sep 5, 2012
Sold by
Mccard Chanda and Jackson Horace
Bought by
Bank Of America Na

Purchase Details

Closed on
Oct 2, 2007
Sold by
Mccard Chanda
Bought by
Mccard Chanda and Jackson Horace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2002
Sold by
Flood David
Bought by
Mccard Chanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,900
Interest Rate
7.18%
Mortgage Type
FHA
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
Gao Zheshuo $290,000 None Listed On Document
Pajollari Defrim $69,000 None Available
Bank Of America Na $11,000 None Available
Mccard Chanda -- Lawyers Title Ins
Mccard Chanda $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gao Zheshuo $174,000
Previous Owner Mccard Chanda $128,000
Previous Owner Mccard Chanda $71,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2022 12/22/22 Sold $290,000 -3.0% $193 / Sq Ft
10/29/2022 10/29/22 Pending -- -- --
10/26/2022 10/26/22 For Sale $299,000 +329.6% $199 / Sq Ft
02/14/2013 02/14/13 Sold $69,600 -35.5% $46 / Sq Ft
01/15/2013 01/15/13 Pending -- -- --
08/08/2012 08/08/12 For Sale $107,900 -- $72 / 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 $2,832 $290,300 $58,060 $232,240
2024 $2,832 $290,300 $58,060 $232,240
2023 $2,832 $202,300 $40,460 $161,840
2022 $2,290 $202,300 $40,460 $161,840
2021 $2,290 $0 $0 $0
2020 $2,290 $0 $0 $0
2019 $2,198 $0 $0 $0
2018 $2,005 $0 $0 $0
2017 $2,005 $0 $0 $0
2016 $2,005 $0 $0 $0
2015 $1,919 $0 $0 $0
2014 -- $143,200 $40,891 $102,309
2012 -- $16,352 $2,329 $14,023
Source: Public Records

Agents Affiliated with this Home

  • Paul Cheng

    Seller's Agent in 2022

    Paul Cheng

    Keller Williams Realty - Cherry Hill

    (215) 327-1722

    6 in this area

    154 Total Sales

    Paul Cheng
    Section Image

  • R

    Buyer's Agent in 2022

    Rong Dong

    Legacy Landmark Realty LLC

    (718) 755-6087

    17 in this area

    128 Total Sales

    Rong Dong
    Section Image
  • William Lublin

    Seller's Agent in 2013

    William Lublin

    Century 21 Advantage Gold-Southampton

    (215) 280-4114

    206 Total Sales

    William Lublin
    Section Image

  • P

    Seller Co-Listing Agent in 2013

    Paula Capati

    Century 21 Advantage Gold-Southampton

    (215) 671-4700

    228 Total Sales

    Paula Capati
    Section Image

  • A

    Buyer's Agent in 2013

    Agron Vata

    Coldwell Banker Hearthside Realtors

    (267) 671-7378

    15 Total Sales

    Agron Vata
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2172632

Bright MLS

APN: 552268100

Pennsylvania Philadelphia County Philadelphia 19135 Tacony

7040 Erdrick St, Philadelphia, PA

This home is located at 7040 Erdrick St, Philadelphia, PA 19135 since 26 October 2022 and is currently estimated at $302,729, approximately $201 per square foot. This property was built in 1940. 7040 Erdrick St is a home located in Philadelphia County with nearby schools including Lincoln High School, Disston Hamilton School, and Keystone Academy Charter School.

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