NOT LISTED FOR SALE

7108 Germantown Ave Philadelphia, PA 19119

West Mount Airy Neighborhood

Estimated Value: $540,526

-- Bed
-- Bath
2,663 Sq Ft
$203/Sq Ft Est. Value

Last Sold December 28, 2023

Last sale price $475,500 $179 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,197/month

11 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • 2-minute walk to Mt. Airy Playground
  • Entry Slope Less Than 1 Foot
  • Multi-Tank Hot Water Heater

About This Home

As of December 2023

Welcome to this 7108 Germantown Ave, located in the heart of Mount Airy, situated along the most prominent part of the commercial corridor. Boasting a lead-safe certification and current rental license, this duplex is a unique blend of residential comfort and versatile commercial potential.

The property underwent a full rehabilitation in 2010, ensuring modern amenities and a well-maintained structure. With two floors, this unit offers ample space, and its CMX 2.5 zoning allows for a diverse range of uses.

The first floor (storefront) unit is both expansive and well-lit, featuring a new entryway for a welcoming touch and soaring high ceilings. Step outside to a small backyard, providing a private outdoor retreat. There is also a full finished lower level for additional space.

The residential unit, thoughtfully designed, comprises two bedrooms and two full bathrooms. Convenience is key with an in-unit washer dryer and central air, providing a comfortable and contemporary living space.

Whether you're seeking a residential haven or a prime commercial location, this property offers the best of both worlds. Welcome home to the heart of Mount Airy's vibrant community!

Last Agent to Sell the Property

Alex Aberle

Elfant Wissahickon-Chestnut Hill Listed on: 11/16/2023

Last Buyer's Agent

Patricia Clarkson

Realty Mark Associates License #RS297665

Realty Mark Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,304

Year Built

  • Built in 1930

Lot Details

  • 1,445 Sq Ft Lot
  • Lot Dimensions are 16.00 x 90.00

Home Design

  • Duplex
  • Colonial Architecture
  • Stone Foundation
  • Masonry

Partially Finished Basement

  • Interior and Exterior Basement Entry
  • Drainage System
  • Drain

Accessible Home Design

  • Entry Slope Less Than 1 Foot

Utilities

  • Forced Air Heating and Cooling System
  • Multi-Tank Hot Water Heater
  • 60+ Gallon Tank

Listing and Financial Details

  • Tax Lot 218
  • Assessor Parcel Number 871280200

Community Details

Overview

  • 2 Units
  • Mt Airy Subdivision

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,304

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Accessibility Features: Entry Slope <1'
  • Ownership: Fee Simple
  • Exclusions: tenants personal property
  • Inclusions: all appliances
  • New Construction: No
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Drain, Drainage System, Improved, Interior Access, Outside Entrance, Partially Finished
  • Total Sq Ft: 2788
  • Living Area Sq Ft: 2663
  • Price Per Sq Ft: 252.29
  • Above Grade Finished Sq Ft: 1859
  • Below Grade Finished Sq Ft: 804
  • Below Grade Sq Ft: 125
  • Total Below Grade Sq Ft: 929
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7108

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Multi-Tank
  • 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

Lot Info

  • Land Use Code: Y30
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 90.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1445.00
  • Year Assessed: 2023
  • Zoning: CMX25

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1813.00
  • Tax Annual Amount: 3304.00
  • Assessor Parcel Number: 871280200
  • Tax Lot: 218
  • Tax Total Finished Sq Ft: 1859
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/28/2023

Multi Family

  • Number Of Units Vacant: 2
  • 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
Nov 16, 2023
Closed on
Dec 28, 2023
Sold by
7108 Germantown Avenue Llc
Bought by
Clarkson Warren A
Seller's Agent
Alex Aberle
Elfant Wissahickon-Chestnut Hill
Buyer's Agent
Patricia Clarkson
Realty Mark Associates
List Price
$469,000
Sold Price
$475,500
Premium/Discount to List
$6,500
1.39%
Views
120
Current Estimated Value
$540,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,026
Avg. Annual Appreciation
4.79%
Original Mortgage
$451,725
Outstanding Balance
$445,883
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$69,206

Purchase Details

Closed on
Oct 28, 2009
Sold by
Mgc Investments Inc
Bought by
7108 Germantown Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,500
Interest Rate
5.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 25, 2009
Sold by
Spicer Azheem
Bought by
Mgc Investments Inc

Purchase Details

Closed on
Jun 8, 2009
Sold by
Spicer Azheem and City Of Philadelphia
Bought by
Mgc Investments Inc

Purchase Details

Closed on
Feb 27, 2007
Sold by
Spicer Rita and Spicer Lakiha
Bought by
Spicer Azheem
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
Clarkson Warren A $475,500 Interstate Abstract
7108 Germantown Ave Llc $137,500 None Available
Mgc Investments Inc $277,000 None Available
Mgc Investments Inc $78,100 None Available
Spicer Azheem -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clarkson Warren A $451,725
Previous Owner 7108 Germantown Ave Llc $280,000
Previous Owner 7108 Germantown Ave Llc $69,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2023 12/28/23 Sold $475,500 +1.4% $179 / Sq Ft
11/16/2023 11/16/23 For Sale $469,000 -- $176 / 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 $3,305 $231,700 $46,340 $185,360
2024 $3,305 $231,700 $46,340 $185,360
2023 $3,305 $236,100 $47,200 $188,900
2022 $2,735 $236,100 $47,200 $188,900
2021 $2,735 $0 $0 $0
2020 $2,735 $0 $0 $0
2019 $2,709 $0 $0 $0
2018 $2,630 $0 $0 $0
2017 $2,082 $0 $0 $0
2016 $2,082 $0 $0 $0
2015 $1,993 $0 $0 $0
2014 -- $148,700 $50,600 $98,100
2012 -- $15,232 $4,378 $10,854
Source: Public Records

Agents Affiliated with this Home

  • Alex Aberle

    Seller's Agent in 2023

    Alex Aberle

    Elfant Wissahickon-Chestnut Hill

    (215) 824-6463

    6 in this area

    32 Total Sales

    Alex Aberle
    Section Image
  • Patricia Clarkson

    Buyer's Agent in 2023

    Patricia Clarkson

    Realty Mark Associates

    (215) 280-7044

    1 in this area

    9 Total Sales

    Patricia Clarkson
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2298046

Bright MLS

APN: 871280200

Pennsylvania Philadelphia County Philadelphia 19119 West Mount Airy

7108 Germantown Ave, Philadelphia, PA

This home is located at 7108 Germantown Ave, Philadelphia, PA 19119 since 16 November 2023 and is currently estimated at $540,526, approximately $202 per square foot. This property was built in 1930. 7108 Germantown Ave is a home located in Philadelphia County with nearby schools including Henry H. Houston School, Roxborough High School, and Renaissance Charter School.

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