NOT LISTED FOR SALE

7054 Forrest Ave Philadelphia, PA 19138

West Oak Lane Neighborhood

Estimated Value: $243,000 - $250,766

-- Bed
2 Baths
1,394 Sq Ft
$177/Sq Ft Est. Value

Last Sold January 30, 2013

Last sale price $95,000 $68 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $1,536/month

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Gas
  • 1 Car Direct Access Garage

About This Home

As of January 2013

Easy Income for this duplex in West Oak Lane. Electric, roof, furnaces, hot water heaters all brand new in 2004. Both units were completely renovated. All utilities zoned separately. Big basement for storage.

Last Agent to Sell the Property

Richard McIlhenny

(215) 275-6303 rmac88@aol.com RE/MAX Services Listed on: 10/10/2012

RE/MAX Services

Last Buyer's Agent

Richard McIlhenny

(215) 275-6303 rmac88@aol.com RE/MAX Services Listed on: 10/10/2012

RE/MAX Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,216

Year Built

  • Built in 1928

Lot Details

  • 1,443 Sq Ft Lot
  • Lot Dimensions are 16x92

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,394 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 1 Car Direct Access Garage
  • 1 Open Parking Space
  • On-Street Parking

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 78
  • Assessor Parcel Number 102521800

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $800
  • Maintenance Expense $800
  • Operating Expense $3,566

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,216

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1394
  • Living Area Sq Ft: 1394
  • Price Per Sq Ft: 78.91
  • Above Grade Finished Sq Ft: 1394
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Street
  • Garage Features: Inside Access
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 750.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 11001.00
  • Land Assessed Value: 1895.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16X92
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1443.00
  • Zoning: R9A

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 16200.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 939842
  • Tax Annual Amount: 1216.00
  • Assessor Parcel Number: 102521800
  • Tax Lot: 78
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2025
Sold by
Mcdugle Llc
Bought by
Bowman Joshua
Current Estimated Value
$246,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,500
Outstanding Balance
$12,457
Interest Rate
6.81%
Estimated Equity
$234,132

Purchase Details

Listed on
Oct 10, 2012
Closed on
Jan 23, 2013
Sold by
Dds Landhold Llc
Bought by
Mcdugle Llc
Seller's Agent
Richard McIlhenny
RE/MAX Services
Buyer's Agent
Richard McIlhenny
RE/MAX Services
List Price
$115,000
Sold Price
$95,000
Premium/Discount to List
-$20,000
-17.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%
Original Mortgage
$71,250
Interest Rate
3.35%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 8, 2004
Sold by
Coates Eugene and Coates Ellen Green
Bought by
Va
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
Bowman Joshua $250,000 Certified Abstract
Mcdugle Llc $95,000 None Available
Va $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowman Joshua $12,500
Open Bowman Joshua $237,500
Previous Owner Mcdugle Llc $71,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2013 01/30/13 Sold $95,000 -17.4% $68 / Sq Ft
12/07/2012 12/07/12 Pending -- -- --
10/10/2012 10/10/12 For Sale $115,000 -- $82 / 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
2026 $2,870 $253,500 $50,700 $202,800
2025 $2,870 $253,500 $50,700 $202,800
2024 $2,870 $253,500 $50,700 $202,800
2023 $2,870 $205,000 $41,000 $164,000
2022 $2,847 $205,000 $41,000 $164,000
2021 $2,847 $0 $0 $0
2020 $2,847 $0 $0 $0
2019 $2,809 $0 $0 $0
2018 $1,832 $0 $0 $0
2017 $1,832 $0 $0 $0
2016 $12,790 $0 $0 $0
2015 $12,790 $0 $0 $0
2014 -- $130,900 $10,438 $120,462
2012 -- $12,896 $1,895 $11,001
Source: Public Records

Agents Affiliated with this Home

  • Richard McIlhenny

    Seller's Agent in 2013

    Richard McIlhenny

    RE/MAX

    (215) 275-6303

    118 Total Sales

    Richard McIlhenny
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Map

Source: Bright MLS

MLS Number: 1004127498

Bright MLS

APN: 102521800

Pennsylvania Philadelphia County Philadelphia 19138 West Oak Lane

7054 Forrest Ave, Philadelphia, PA

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