NOT LISTED FOR SALE

7042 Sherwood Rd Philadelphia, PA 19151

Overbrook Neighborhood

Estimated Value: $423,000 - $509,000

3 Beds
2.5 Baths
2,158 Sq Ft
$219/Sq Ft Est. Value

Last Sold March 21, 2024

Last sale price $426,000 $197 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,948/month

2 Days on Market

Highlights

  • 0.21 Acre Lot
  • 1 Fireplace
  • 1 Car Attached Garage
  • Traditional Architecture
  • No HOA
  • Radiant Heating System

About This Home

As of March 2024

Amazing opportunity to renovate your dream home in Overbrook Farms neighborhood.
3 bedrooms, 2.5 bath, garage, large attic for storage and a huge back yard. Property sold in as is condition.

Last Agent to Sell the Property

Mikhal Mary

KW Empower Listed on: 01/18/2024

KW Empower

Last Buyer's Agent

Clay Shaffer

Compass RE License #RS346414

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,500

Year Built

  • Built in 1925

Lot Details

  • 9,150 Sq Ft Lot
  • Lot Dimensions are 61.00 x 150.00
  • Property is zoned RSD1

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 2,158 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Radiant Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Overbrook Farms Subdivision

Listing and Financial Details

  • Tax Lot -106
  • Assessor Parcel Number 344164900

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,500

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-01-18
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Remarks Public: Amazing opportunity to renovate your dream home in Overbrook Farms neighborhood. 3 bedrooms, 2.5 bath, garage, large attic for storage and a huge back yard. Property sold in as is condition.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Has Laundry
  • Total Sq Ft: 2158
  • Living Area Sq Ft: 2158
  • Price Per Sq Ft: 201.58
  • Above Grade Finished Sq Ft: 2158
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7042

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • 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
  • Garage Features: Covered Parking
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • 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

Lot Info

  • Land Use Code: B30
  • Lot Size Acres: 0.21
  • Lot Dimensions: 61.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9150.00
  • Year Assessed: 2023
  • Zoning: RSD1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2469.00
  • Tax Annual Amount: 4500.00
  • Assessor Parcel Number: 344164900
  • Tax Lot: -106
  • Tax Total Finished Sq Ft: 2158
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 03/21/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Mar 21, 2024
Sold by
Murray Elizabeth J
Bought by
Tran Phuong and Shapiro Ellen
Seller's Agent
Mikhal Mary
KW Empower
Buyer's Agent
Clay Shaffer
Compass RE
List Price
$250,000
Sold Price
$426,000
Premium/Discount to List
$176,000
70.4%
Views
710
Current Estimated Value
$473,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,133
Avg. Annual Appreciation
7.92%
Original Mortgage
$231,000
Outstanding Balance
$227,610
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$248,168

Purchase Details

Closed on
Jun 14, 1976
Bought by
Joseph Joseph C and Joseph Elizabeth L
Source: Public Records

Range of Values:

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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
Tran Phuong $426,000 The Abstract Company
Joseph Joseph C $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Phuong $231,000
Previous Owner Murray Joseph C $18,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2024 03/21/24 Sold $426,000 -2.1% $197 / Sq Ft
01/23/2024 01/23/24 Price Changed $435,000 +74.0% $202 / Sq Ft
01/21/2024 01/21/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $250,000 -- $116 / 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 $4,500 $450,500 $90,100 $360,400
2024 $4,500 $450,500 $90,100 $360,400
2023 $4,500 $321,500 $64,300 $257,200
2022 $3,603 $276,500 $64,300 $212,200
2021 $4,233 $0 $0 $0
2020 $4,233 $0 $0 $0
2019 $4,642 $0 $0 $0
2018 $4,801 $0 $0 $0
2017 $4,801 $0 $0 $0
2016 $4,381 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $343,000 $110,715 $232,285
2012 -- $45,696 $12,399 $33,297
Source: Public Records

Agents Affiliated with this Home

  • Mikhal Mary

    Seller's Agent in 2024

    Mikhal Mary

    KW Empower

    (215) 310-8080

    3 in this area

    141 Total Sales

    Mikhal Mary
    Section Image
  • Clay Shaffer

    Buyer's Agent in 2024

    Clay Shaffer

    Compass RE

    (570) 847-9891

    1 in this area

    111 Total Sales

    Clay Shaffer
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2312948

Bright MLS

APN: 344164900

Pennsylvania Philadelphia County Philadelphia 19151 Overbrook

7042 Sherwood Rd, Philadelphia, PA

This home is located at 7042 Sherwood Rd, Philadelphia, PA 19151 since 18 January 2024 and is currently estimated at $473,133, approximately $219 per square foot. This property was built in 1925. 7042 Sherwood Rd is a home located in Philadelphia County with nearby schools including Lamberton Robert E School, Overbrook High School, and Ad Prima Charter School.

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