NOT LISTED FOR SALE

7113 N Broad St Philadelphia, PA 19126

East Oak Lane Neighborhood

Estimated Value: $284,000 - $383,000

-- Bed
3 Baths
2,162 Sq Ft
$150/Sq Ft Est. Value

Last Sold November 15, 2018

Last sale price $165,000 $76 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,046/month

51 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Hot Water Heating System

About This Home

As of November 2018

2 family dwelling located one block from Cheltenham Ave. Easy access to suburbs and back to Septa hub Broad and Olney. Property is a 3-story twin. The first floor has 2 bedrooms. It has electric baseboard heat. The 2nd floor has 3 bedrooms. Gas heat. One bedroom on 2nd floor in back of apartment and 2 additional bedrooms on third floor. Tenants pay their own utilities. Nice big yard in back. Both tenants have been there for over 7 years and want to stay. Property is cash flow positive. Welcome all investors

Last Agent to Sell the Property

Arnold Bolden

Realty Mark Associates License #app-000005912 Listed on: 08/03/2018

Realty Mark Associates

Last Buyer's Agent

Carleen Mossett

BHHS Fox & Roach-Chestnut Hill License #RS153669A

BHHS Fox & Roach-Chestnut Hill

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,357

Year Built

  • Built in 1930

Lot Details

  • 3,450 Sq Ft Lot
  • Lot Dimensions are 23x150

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,162 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 107
  • Assessor Parcel Number 611213400

Community Details

Overview

  • No Home Owners Association
  • East Oak Lane Subdivision

Building Details

  • Insurance Expense $1,500
  • Operating Expense $3,857

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,357

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1930
  • Remarks Public: 2 family dwelling located one block from Cheltenham Ave. Easy access to suburbs and back to Septa hub Broad and Olney. Property is a 3-story twin. The first floor has 2 bedrooms. It has electric baseboard heat. The 2nd floor has 3 bedrooms. Gas heat. One bedroom on 2nd floor in back of apartment and 2 additional bedrooms on third floor. Tenants pay their own utilities. Nice big yard in back. Both tenants have been there for over 7 years and want to stay. Property is cash flow positive. Welcome all investors
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Hookup
  • Total Sq Ft: 2162
  • Living Area Sq Ft: 2162
  • Price Per Sq Ft: 80.94
  • Above Grade Finished Sq Ft: 2162
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7113

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Gas, Electric, Hot Water
  • 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

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Improvement Assessed Value: 143140.00
  • Land Assessed Value: 25260.00
  • Land Use Code: H50
  • Lot Size Acres: 0.08
  • Lot Dimensions: 23X150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3450.00
  • Zoning: RSA3

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 21600.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1331064
  • Tax Annual Amount: 2357.00
  • Assessor Parcel Number: 611213400
  • Tax Lot: 107
  • Tax Year: 2018
  • Close Date: 11/15/2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2018
Closed on
Nov 14, 2018
Sold by
Lynch Marlene D
Bought by
Robinson Lucas
Seller's Agent
Arnold Bolden
Realty Mark Associates
Buyer's Agent
Carleen Mossett
BHHS Fox & Roach-Chestnut Hill
List Price
$180,000
Sold Price
$165,000
Premium/Discount to List
-$15,000
-8.33%
Current Estimated Value
$325,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,222
Avg. Annual Appreciation
9.62%
Original Mortgage
$123,750
Outstanding Balance
$110,695
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$197,661

Purchase Details

Closed on
May 23, 2005
Sold by
Mike Felix
Bought by
Lynch Marlene D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
5.83%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 23, 2003
Sold by
Simon Eugene
Bought by
Mike Felix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2001
Sold by
Simon Ethel and Simon Eugene
Bought by
Simon Eugene
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
Robinson Lucas $165,000 None Available
Mike Felix $110,000 Fidelity Natl Title Ins Co O
Simon Eugene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Robinson Lucas $14,000
Open Robinson Lucas $123,750
Previous Owner Lynch Marlene D $116,250
Previous Owner Lynch Marlene D $121,600
Previous Owner Mike Felix $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2018 11/15/18 Sold $165,000 -5.7% $76 / Sq Ft
09/23/2018 09/23/18 Pending -- -- --
08/22/2018 08/22/18 Price Changed $175,000 -2.8% $81 / Sq Ft
08/03/2018 08/03/18 For Sale $180,000 -- $83 / 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 $3,325 $272,900 $54,580 $218,320
2024 $3,325 $272,900 $54,580 $218,320
2023 $3,325 $237,500 $47,500 $190,000
2022 $2,448 $237,500 $47,500 $190,000
2021 $2,448 $0 $0 $0
2020 $2,448 $0 $0 $0
2019 $2,556 $0 $0 $0
2018 $2,357 $0 $0 $0
2017 $2,357 $0 $0 $0
2016 $2,357 $0 $0 $0
2015 $2,257 $0 $0 $0
2014 -- $168,400 $27,600 $140,800
2012 -- $10,656 $3,426 $7,230
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Arnold Bolden

    Realty Mark Associates

    (215) 885-0880

    32 Total Sales

    Arnold Bolden
    Section Image
  • Carleen Mossett

    Buyer's Agent in 2018

    Carleen Mossett

    BHHS Fox & Roach

    (215) 896-5914

    57 Total Sales

    Carleen Mossett
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1005942203

Bright MLS

APN: 611213400

Pennsylvania Philadelphia County Philadelphia 19126 East Oak Lane

7113 N Broad St, Philadelphia, PA

This home is located at 7113 N Broad St, Philadelphia, PA 19126 since 03 August 2018 and is currently estimated at $325,222, approximately $150 per square foot. This property was built in 1930. 7113 N Broad St is a home located in Philadelphia County with nearby schools including Ellwood School, Gen. Louis Wagner Middle School, and Martin Luther King High School.

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