NOT LISTED FOR SALE

705 Red Lion Rd Philadelphia, PA 19115

Somerton Neighborhood

Estimated Value: $427,768 - $470,000

-- Bed
2 Baths
1,846 Sq Ft
$243/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $410,000 $222 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,748/month

7 Days on Market

About This Home

As of May 2022

Beautiful 2+2 End Unit Duplex in N.E Philly! This one won't last. Both unit have upgraded kitchens with gas range, microwave, dishwasher, disposal and porcelain tile floors. Insulated vinyl replacement windows throughout. Separate laundry room with washer and dryer in each unit. All appliances in both units included. Upgraded HVAC and water heaters. Gas heat and central A/C in both units. You will love the refinished hardwood floors on the 2nd floor unit. New roof installed March 2014 and silver coated 2015 and 2021. Brick pointed. Enjoy the private side and back yard. Plenty of flower beds just waiting for you to plant! The large backyard shed has plenty of room for yard tools, lawn mower and storage. *Second floor unit is occupied by a an excellent long term tenant. To respect their privacy, photos just prior to move in are being shown. **Showings will be scheduled for buyers with pre qualified financing or cash buyers. Showings are on an appointment basis only, no lock box.

Last Agent to Sell the Property

Christopher Carr

HomeZu Listed on: 04/15/2022

Last Buyer's Agent

Bobby Mathew

Honest Real Estate License #RS354554

Honest Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,963

Year Built

  • Built in 1966

Lot Details

  • 4,305 Sq Ft Lot
  • Lot Dimensions are 43.00 x 100.00

Home Design

  • 1,846 Sq Ft Home
  • Duplex
  • Masonry

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • Off-Street Parking

Utilities

  • Central Air
  • Hot Water Heating System

Community Details

  • 2 Units
  • Bustleton Subdivision

Listing and Financial Details

  • Tax Lot 496
  • Assessor Parcel Number 582000700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,963

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: All appliances, fans and fixtures
  • New Construction: No
  • Year Built: 1966
  • Automatically Close On Close Date: No
  • Remarks Public: Beautiful 2+2 End Unit Duplex in N.E Philly! This one won't last. Both unit have upgraded kitchens with gas range, microwave, dishwasher, disposal and porcelain tile floors. Insulated vinyl replacement windows throughout. Separate laundry room with washer and dryer in each unit. All appliances in both units included. Upgraded HVAC and water heaters. Gas heat and central A/C in both units. You will love the refinished hardwood floors on the 2nd floor unit. New roof installed March 2014 and silver coated 2015 and 2021. Brick pointed. Enjoy the private side and back yard. Plenty of flower beds just waiting for you to plant! The large backyard shed has plenty of room for yard tools, lawn mower and storage. *Second floor unit is occupied by a an excellent long term tenant. To respect their privacy, photos just prior to move in are being shown. **Showings will be scheduled for buyers with pre qualified financing or cash buyers. Showings are on an appointment basis only, no lock box.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Total Sq Ft: 1846
  • Living Area Sq Ft: 1846
  • Price Per Sq Ft: 232.39
  • Above Grade Finished Sq Ft: 1846
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 705

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: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • 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: 148286.00
  • Land Assessed Value: 63414.00
  • Land Use Code: W31
  • Lot Size Acres: 0.10
  • Lot Dimensions: 43.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4305.00
  • Year Assessed: 2022
  • Zoning: RTA1

Rental Info

  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1308268
  • School Tax: 1626.00
  • Tax Annual Amount: 2963.00
  • Assessor Parcel Number: 582000700
  • Tax Lot: 496
  • Tax Total Finished Sq Ft: 1846
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/26/2022

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
May 26, 2022
Sold by
Stranix Tr Scott A
Bought by
Mathews Merin Mary and Mathew Goldy
Seller's Agent
Christopher Carr
HomeZu
Buyer's Agent
Bobby Mathew
Honest Real Estate
List Price
$429,000
Sold Price
$410,000
Premium/Discount to List
-$19,000
-4.43%
Current Estimated Value
$441,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,339
Avg. Annual Appreciation
2.32%
Original Mortgage
$328,000
Outstanding Balance
$313,881
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$127,274

Purchase Details

Closed on
Apr 16, 2008
Sold by
Stranix Scott A and Stranix Suzette V
Bought by
Stranix Scott A and Stranix Suzette V

Purchase Details

Closed on
Jul 28, 2000
Sold by
Mattiacci Susan J
Bought by
Stranix Suzette V and Stranix Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.88%
Mortgage Type
Commercial
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
Mathews Merin Mary $410,000 Interstate Abstract
Stranix Scott A -- None Available
Stranix Suzette V $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathews Merin Mary $328,000
Previous Owner Stranix Suzette V $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $410,000 -4.4% $222 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $429,000 -- $232 / 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 $3,732 $406,000 $81,200 $324,800
2024 $3,732 $406,000 $81,200 $324,800
2023 $3,732 $266,600 $53,320 $213,280
2022 $2,963 $266,600 $53,320 $213,280
2021 $2,963 $0 $0 $0
2020 $2,963 $0 $0 $0
2019 $2,790 $0 $0 $0
2018 $2,613 $0 $0 $0
2017 $2,613 $0 $0 $0
2016 $2,613 $0 $0 $0
2015 $2,502 $0 $0 $0
2014 -- $186,700 $96,380 $90,320
2012 -- $21,408 $3,391 $18,017
Source: Public Records

Agents Affiliated with this Home

  • Christopher Carr

    Seller's Agent in 2022

    Christopher Carr

    HomeZu

    (855) 885-4663

    3 in this area

    2,381 Total Sales

    Section Image

  • B

    Buyer's Agent in 2022

    Bobby Mathew

    Honest Real Estate

    (215) 203-2846

    7 in this area

    73 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2105422

Bright MLS

APN: 582000700

Pennsylvania Philadelphia County Philadelphia 19115 Somerton

705 Red Lion Rd, Philadelphia, PA

This home is located at 705 Red Lion Rd, Philadelphia, PA 19115 since 15 April 2022 and is currently estimated at $447,923, approximately $242 per square foot. This property was built in 1966. 705 Red Lion Rd is a home located in Philadelphia County with nearby schools including Loesche William H School, CCA Baldi Middle School, and George Washington High School.

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