NOT LISTED FOR SALE

7136 Torresdale Ave Philadelphia, PA 19135

Tacony Neighborhood

Estimated Value: $339,146

-- Bed
1 Bath
1,824 Sq Ft
$186/Sq Ft Est. Value

Last Sold December 01, 2016

Last sale price $175,000 $96 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,004/month

218 Days on Market

Highlights

  • No HOA
  • Tile or Brick Flooring
  • Forced Air Heating and Cooling System
  • 2 Car Detached Garage
  • En-Suite Primary Bedroom
  • 4-minute walk to Charles A. Russo Playground

About This Home

As of December 2016

This magnificent renovation shows throughout this entire building. This corner storefront boasts 2 quality 1 bedroom apartments with separate entrances and 2 car detached garage. Well maintained brick and stone exterior. This property produces 4 incomes; the store, 2 apartments and a separate garage rental. Open layout in the approximately 500 sq ft storefront with handicap accessible bathroom and central air. First and 2nd floor 1 bedroom apartments are very well designed with large kitchens, laundry hook ups in each unit and central air in all units. Small rear yard. Good long term existing tenants for a turn key operation. Schedule your appointment today!

Last Agent to Sell the Property

Michael Cole

Re/Max One Realty License #RM-061288-B Listed on: 03/08/2016

Re/Max One Realty

Last Buyer's Agent

TJ Lau

A Plus Realtors LLC License #1539029

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,775

Year Built

  • Built in 1945

Lot Details

  • 1,462 Sq Ft Lot
  • Lot Dimensions are 16x90
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Triplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof
  • Stone Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,824 Sq Ft Home
  • Replacement Windows
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Flooring

  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 412404300

Community Details

Overview

  • No Home Owners Association
  • Tacony Subdivision

Building Details

  • Operating Expense $1,775

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,775

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: Tenant Personal
  • New Construction: No
  • Year Built: 1945
  • Remarks Public: This magnificent renovation shows throughout this entire building. This corner storefront boasts 2 quality 1 bedroom apartments with separate entrances and 2 car detached garage. Well maintained brick and stone exterior. This property produces 4 incomes; the store, 2 apartments and a separate garage rental. Open layout in the approximately 500 sq ft storefront with handicap accessible bathroom and central air. First and 2nd floor 1 bedroom apartments are very well designed with large kitchens, laundry hook ups in each unit and central air in all units. Small rear yard. Good long term existing tenants for a turn key operation. Schedule your appointment today!
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl, Tile/Brick
  • Window Features: Replacement
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Hookup
  • Total Sq Ft: 1824
  • Living Area Sq Ft: 1824
  • Price Per Sq Ft: 106.85
  • Above Grade Finished Sq Ft: 1824
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7136

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Stone
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Street
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Type: Heat Pump - Electric Backup, Forced Air
  • 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: 108519.00
  • Land Assessed Value: 18281.00
  • Land Use Code: R30
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16X90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1462.00
  • Property Condition: Good
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 24600.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 1179411
  • Tax Annual Amount: 1775.00
  • Assessor Parcel Number: 412404300
  • Tax Lot: 53
  • Tax Year: 2016
  • Close Date: 12/01/2016

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2016
Closed on
Dec 1, 2016
Sold by
Tacony Boys Llc
Bought by
Wu Biao
Seller's Agent
Michael Cole
Re/Max One Realty
Buyer's Agent
TJ Lau
A Plus Realtors LLC
List Price
$209,900
Sold Price
$175,000
Premium/Discount to List
-$34,900
-16.63%
Current Estimated Value
$339,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,146
Avg. Annual Appreciation
7.66%
Original Mortgage
$110,000
Outstanding Balance
$89,986
Interest Rate
3.52%
Mortgage Type
Commercial
Estimated Equity
$244,036

Purchase Details

Closed on
Feb 22, 2002
Sold by
Colosimo Samuel
Bought by
Tacony Boys Llc
Source: Public Records

Range of Values:

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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
Wu Biao $175,000 None Available
Tacony Boys Llc $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Biao $110,000
Previous Owner Tacony Boys Llc $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2016 12/01/16 Sold $175,000 -16.6% $96 / Sq Ft
10/12/2016 10/12/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $209,900 -- $115 / 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 $1,905 $136,100 $24,770 $111,330
2024 $1,905 $136,100 $24,770 $111,330
2023 $1,905 $136,100 $24,770 $111,330
2022 $1,905 $136,100 $24,770 $111,330
2021 $1,905 $0 $0 $0
2020 $1,905 $0 $0 $0
2019 $1,828 $0 $0 $0
2018 $1,775 $0 $0 $0
2017 $1,775 $0 $0 $0
2016 $1,775 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $126,800 $18,281 $108,519
2012 -- $12,384 $2,130 $10,254
Source: Public Records

Agents Affiliated with this Home

  • Michael Cole

    Seller's Agent in 2016

    Michael Cole

    RE/MAX

    (215) 588-1999

    7 in this area

    73 Total Sales

    Michael Cole
    Section Image

  • T

    Buyer's Agent in 2016

    TJ Lau

    A Plus Realtors LLC

    (267) 315-2335

    9 Total Sales

    TJ Lau
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002394904

Bright MLS

APN: 412404300

Pennsylvania Philadelphia County Philadelphia 19135 Tacony

7136 Torresdale Ave, Philadelphia, PA

This home is located at 7136 Torresdale Ave, Philadelphia, PA 19135 since 08 March 2016 and is currently estimated at $339,146, approximately $185 per square foot. This property was built in 1945. 7136 Torresdale Ave is a home located in Philadelphia County with nearby schools including Edwin Forrest Elementary School, Lincoln High School, and Meehan Austin Middle School.

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