NOT LISTED FOR SALE

7055 Elmwood Ave Philadelphia, PA 19142

Penrose Neighborhood

Estimated Value: $160,000 - $198,000

3 Beds
1 Bath
1,256 Sq Ft
$139/Sq Ft Est. Value

Last Sold January 30, 2024

Last sale price $169,000 $135 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,101/month

20 Days on Market

Highlights

  • Traditional Architecture
  • 1-minute walk to Elmwood Avenue And 71St Street
  • En-Suite Primary Bedroom
  • No HOA
  • Living Room
  • 2-minute walk to Elmwood Park

About This Home

As of January 2024

A Unique Living Experience at 7055 Elmwood Ave. Spacious renovated home situated on an elevated framed home. Vestibule entrance complete with large coat closet leading to an enormous living space and connected to a separate dining area off the kitchen. Upstairs has a full bath with an LED lit mirror. The bedrooms are all unique: one with exposed brick, another with V-shaped bay windows complete with ledge to sit on and straight through the smaller bedroom. There is a linen closet on the 2nd floor. This area offers easy parking and public transportation.

Last Agent to Sell the Property

Richard Cassell

KW Empower License #2322460 Listed on: 11/29/2023

KW Empower

Co-Listed By

Vinny Fracassi

KW Empower License #RS353284

Last Buyer's Agent

Abdulai Diallo

KW Empower License #rs0038301

KW Empower

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,769

Year Built

  • Built in 1920 | Remodeled in 2023

Lot Details

  • 1,392 Sq Ft Lot
  • Lot Dimensions are 18.00 x 77.00

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Masonry

Interior Spaces

  • 1,256 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Parking

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

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Elmwood Park Subdivision

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 406225700

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,769

Year Built

Built in 1920 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1920
  • Year Renovated: 2023
  • Automatically Close On Close Date: No
  • Remarks Public: A Unique Living Experience at 7055 Elmwood Ave. Spacious renovated home situated on an elevated framed home. Vestibule entrance complete with large coat closet leading to an enormous living space and connected to a separate dining area off the kitchen. Upstairs has a full bath with an LED lit mirror. The bedrooms are all unique: one with exposed brick, another with V-shaped bay windows complete with ledge to sit on and straight through the smaller bedroom. There is a linen closet on the 2nd floor. This area offers easy parking and public transportation.
  • Special Features: 4098
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Basement, Primary Bathroom
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1256
  • Living Area Sq Ft: 1256
  • Price Per Sq Ft: 131.37
  • Above Grade Finished Sq Ft: 1256
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7055

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full 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: 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: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • 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: R30
  • Lot Size Acres: 0.03
  • Lot Dimensions: 18.00 x 77.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1392.00
  • Year Assessed: 2023
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 970.00
  • Tax Annual Amount: 1769.00
  • Assessor Parcel Number: 406225700
  • Tax Lot: 101
  • Tax Total Finished Sq Ft: 1256
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/30/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2023
Closed on
Jan 9, 2024
Sold by
Ellis Aston G and Ellis Sonia Morrison
Bought by
Diallo Osman
Seller's Agent
Richard Cassell
KW Empower
Buyer's Agent
Abdulai Diallo
KW Empower
List Price
$165,000
Sold Price
$169,000
Premium/Discount to List
$4,000
2.42%
Views
74
Current Estimated Value
$175,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,113
Avg. Annual Appreciation
2.39%
Original Mortgage
$8,450
Outstanding Balance
$8,341
Interest Rate
6.61%
Estimated Equity
$166,957

Purchase Details

Closed on
Dec 5, 2017
Sold by
Ellis Aston G
Bought by
Morrison Ellis Aston G and Morrison Ellis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,875
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2007
Sold by
Ellis Athelstan
Bought by
Ellis Aston G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2006
Sold by
Bonella John F and Wachovia Bank Na
Bought by
Ellis Athelsian General
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
Diallo Osman $169,000 Historic Abstract
Morrison Ellis Aston G -- None Available
Ellis Aston G $100,000 None Available
Ellis Athelsian General $40,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diallo Osman $8,450
Open Diallo Osman $165,938
Previous Owner Morrison Ellis Aston G $61,875
Previous Owner Ellis Aston G $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2024 01/30/24 Sold $169,000 +2.4% $135 / Sq Ft
01/30/2024 01/30/24 Price Changed $165,000 0.0% $131 / Sq Ft
12/19/2023 12/19/23 Pending -- -- --
11/29/2023 11/29/23 For Sale $165,000 -- $131 / 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 $1,769 $148,400 $29,680 $118,720
2024 $1,769 $148,400 $29,680 $118,720
2023 $1,769 $126,400 $25,200 $101,200
2022 $1,275 $126,400 $25,200 $101,200
2021 $1,275 $0 $0 $0
2020 $1,275 $0 $0 $0
2019 $1,177 $0 $0 $0
2018 $1,067 $0 $0 $0
2017 $1,067 $0 $0 $0
2016 $1,067 $0 $0 $0
2015 $1,111 $0 $0 $0
2014 -- $82,900 $8,492 $74,408
2012 -- $7,360 $1,567 $5,793
Source: Public Records

Agents Affiliated with this Home

  • Richard Cassell

    Seller's Agent in 2024

    Richard Cassell

    KW Empower

    (215) 627-3500

    1 in this area

    183 Total Sales

    Section Image
  • Vinny Fracassi

    Seller Co-Listing Agent in 2024

    Vinny Fracassi

    KW Empower

    (215) 360-3434

    1 in this area

    44 Total Sales

    Section Image
  • Abdulai Diallo

    Buyer's Agent in 2024

    Abdulai Diallo

    KW Empower

    (267) 243-6145

    7 in this area

    114 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2301242

Bright MLS

APN: 406225700

Pennsylvania Philadelphia County Philadelphia 19142 Penrose

7055 Elmwood Ave, Philadelphia, PA

This home is located at 7055 Elmwood Ave, Philadelphia, PA 19142 since 29 November 2023 and is currently estimated at $175,113, approximately $139 per square foot. This property was built in 1920. 7055 Elmwood Ave is a home located in Philadelphia County with nearby schools including John M. Patterson Elementary School, John Bartram High School, and Philadelphia Montessori Charter School.

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