NOT LISTED FOR SALE

Estimated Value: $338,000 - $458,000

5 Beds
1.5 Baths
1,632 Sq Ft
$236/Sq Ft Est. Value

Last Sold October 12, 2022

Last sale price $320,000 $196 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,479/month

Highlights

  • Traditional Architecture
  • North Facing Home
  • Hot Water Baseboard Heater
  • No HOA
  • Carpet
  • 3-minute walk to Capitolo Park

About This Home

As of October 2022

Welcome to 719 Federal St, a three story row home located in the heart of Passyunk Square. This home has been in the same family since 1964 and is ready for its next owner to bring it back to life. This 5 bedroom, 1.5 bath home is in need of a major renovation, but has a great layout and bones, perfect for a savvy homeowner or investor. This home offers 1600 sq feet of living space on a 16ft x 65ft lot. 9 foot ceilings on the first and 2nd floors. Living in Passyunk Square means access to all the shops and restaurants along East Passyunk Ave and the 9th Street Italian Market, including some famous restaurants like Geno’s, Pat’s, and South Philly Barbacoa! This home has easy access to Washington Ave, Broad St, 95, and the Broad St Line - Ellsworth-Federal station. Don’t miss out on this opportunity in a great location!

Last Agent to Sell the Property

Meghan Klauder

(267) 975-5470 mklauder@remax-one.com RE/MAX One Realty Listed on: 08/27/2022

RE/MAX One Realty

Last Buyer's Agent

Yulin Zheng

yzheng119@yahoo.com Tesla Realty Group, LLC

Tesla Realty Group, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,294

Year Built

  • Built in 1920

Lot Details

  • 1,040 Sq Ft Lot
  • Lot Dimensions are 16.00 x 65.00
  • North Facing Home

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Stone Foundation
  • Masonry

Interior Spaces

  • 1,632 Sq Ft Home
  • Property has 3 Levels

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms

Unfinished Basement

  • Partial Basement
  • Laundry in Basement

Utilities

  • Radiator
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Passyunk Square Subdivision

Listing and Financial Details

  • Tax Lot 59
  • Assessor Parcel Number 021241700

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,294

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: refrigerator
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Carpet, Laminated
  • Foundation Details: Stone
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 1632
  • Living Area Sq Ft: 1632
  • Price Per Sq Ft: 193.01
  • Above Grade Finished Sq Ft: 1632
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Half 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

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water, 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 Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 220645.00
  • Land Assessed Value: 86155.00
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16.00 x 65.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1040.00
  • Property Condition: Major Rehab Needed
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 883583
  • School Tax: 2356.00
  • Tax Annual Amount: 4294.00
  • Assessor Parcel Number: 021241700
  • Tax Lot: 59
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2024
Sold by
Zheng Jian Wei
Bought by
Zheng Jian Wei
Current Estimated Value
$385,873

Purchase Details

Listed on
Aug 27, 2022
Closed on
Oct 6, 2022
Sold by
Rita C Schiavo Trust
Bought by
Zheng Jian Wei
Seller's Agent
Meghan Klauder
RE/MAX One Realty
Buyer's Agent
Yulin Zheng
Tesla Realty Group, LLC
List Price
$315,000
Sold Price
$320,000
Premium/Discount to List
$5,000
1.59%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%
Original Mortgage
$176,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2010
Sold by
Riordan Bruce W and Estate Of Rita C Schiavo
Bought by
The Rita C Schiavo Trust

Purchase Details

Closed on
May 26, 1964
Bought by
Schiavo Rita C and Schiavo Girard Julia
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
Zheng Jian Wei -- First City Abstract
Zheng Jian Wei $320,000 --
The Rita C Schiavo Trust -- None Available
Schiavo Rita C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zheng Jian Wei $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2022 10/12/22 Sold $320,000 +1.6% $196 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
08/27/2022 08/27/22 For Sale $315,000 -- $193 / 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 $5,384 $415,100 $83,020 $332,080
2025 $5,384 $415,100 $83,020 $332,080
2024 $5,384 $415,100 $83,020 $332,080
2023 $5,384 $384,600 $76,920 $307,680
2022 $5,384 $384,600 $76,920 $307,680
2021 $4,295 $0 $0 $0
2020 $4,295 $0 $0 $0
2019 $3,963 $0 $0 $0
2018 $3,333 $0 $0 $0
2017 $3,333 $0 $0 $0
2016 $3,333 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $238,100 $22,131 $215,969
2012 -- $19,264 $2,270 $16,994
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2137798

Bright MLS

APN: 021241700