NOT LISTED FOR SALE

7224 Cottage St Philadelphia, PA 19135

Tacony Neighborhood

Estimated Value: $254,000 - $321,028

-- Bed
-- Bath
1,548 Sq Ft
$186/Sq Ft Est. Value

Last Sold December 21, 2015

Last sale price $140,000 $90 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,847/month

60 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • En-Suite Primary Bedroom
  • No HOA
  • Parking Storage or Cabinetry
  • 5-minute walk to Mullin Playground

About This Home

As of December 2015

Beautifully updated 1 + 1 breezeway duplex for sale in Mayfair. The 1st floor has a brand new kitchen, remodeled bathroom, refinished hardwood floors, all new panel doors, recessed lighting and was completely painted throughout. The same on the 2nd floor except the kitchen is updated not brand new. The basement has W/D hookups and an area for storage. The 2 car garage can bring additional income. Separate utilities!! One of the owners is a licensed realtor in the state of PA.

Last Agent to Sell the Property

Patrick Frain

Re/Max One Realty License #RS281662 Listed on: 10/08/2015

Re/Max One Realty

Last Buyer's Agent

TERRELL BRUCE

Connection Realtors License #TREND:60050885

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,888

Year Built

  • Built in 1950

Lot Details

  • 2,932 Sq Ft Lot
  • Lot Dimensions are 33x90
  • Property is in good condition

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Storage or Cabinetry

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Stone Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,548 Sq Ft Home
  • Ceiling Fan
  • Replacement Windows
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 255
  • Assessor Parcel Number 412289300

Community Details

Overview

  • No Home Owners Association
  • Mayfair Subdivision

Building Details

  • Income includes parking
  • Operating Expense $1,888

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,888

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: Second Floor Refrigerator
  • New Construction: No
  • Storage: Basement, Garage
  • Year Built: 1950
  • Remarks Public: Beautifully updated 1 + 1 breezeway duplex for sale in Mayfair. The 1st floor has a brand new kitchen, remodeled bathroom, refinished hardwood floors, all new panel doors, recessed lighting and was completely painted throughout. The same on the 2nd floor except the kitchen is updated not brand new. The basement has W/D hookups and an area for storage. The 2 car garage can bring additional income. Separate utilities!! One of the owners is a licensed realtor in the state of PA.
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Replacement
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone, Concrete Perimeter, Brick/Mortar
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Hookup
  • Total Sq Ft: 1548
  • Living Area Sq Ft: 1548
  • Price Per Sq Ft: 90.37
  • Above Grade Finished Sq Ft: 1548
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7224

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Brick, Stone
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat
  • 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
  • Open Parking Spaces Count: 2
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • 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: 99131.00
  • Land Assessed Value: 41769.00
  • Land Use Code: W30
  • Lot Size Acres: 0.07
  • Lot Dimensions: 33X90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2932.00
  • Property Condition: Good
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Multi Family

  • Income Includes: Parking
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1178381
  • Tax Annual Amount: 1888.00
  • Assessor Parcel Number: 412289300
  • Tax Lot: 255
  • Tax Year: 2015
  • Close Date: 12/21/2015

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2015
Closed on
Dec 16, 2015
Sold by
Frain Patrick and Frain Maureen
Bought by
Goins Rebecca Caren
Seller's Agent
Patrick Frain
Re/Max One Realty
Buyer's Agent
TERRELL BRUCE
Connection Realtors
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%
Current Estimated Value
$287,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,676
Avg. Annual Appreciation
7.99%
Original Mortgage
$137,464
Outstanding Balance
$107,825
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$186,433

Purchase Details

Closed on
Jun 17, 2015
Sold by
Doherty Geraldine S
Bought by
Frain Patrick and Frain Maureen

Purchase Details

Closed on
Dec 30, 2002
Sold by
Kelly Donald S and Kelly Ellen A
Bought by
Doherty Geraldine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,900
Interest Rate
6.19%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Goins Rebecca Caren $140,000 Chicago Title Insurance Comp
Frain Patrick $65,000 None Available
Doherty Geraldine S $89,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goins Rebecca Caren $70,000
Open Goins Rebecca Caren $137,464
Previous Owner Doherty Geraldine S $82,500
Previous Owner Doherty Geraldine S $80,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2015 12/21/15 Sold $140,000 -6.6% $90 / Sq Ft
12/07/2015 12/07/15 Pending -- -- --
10/08/2015 10/08/15 For Sale $149,900 -- $97 / 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 $3,348 $327,500 $65,500 $262,000
2024 $3,348 $327,500 $65,500 $262,000
2023 $3,348 $239,200 $47,840 $191,360
2022 $2,570 $239,200 $47,840 $191,360
2021 $2,570 $0 $0 $0
2020 $2,570 $0 $0 $0
2019 $2,466 $0 $0 $0
2018 $1,972 $0 $0 $0
2017 $1,972 $0 $0 $0
2016 $1,972 $0 $0 $0
2015 $1,687 $0 $0 $0
2014 -- $140,900 $41,769 $99,131
2012 -- $23,264 $4,983 $18,281
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Patrick Frain

    RE/MAX

    (215) 953-8805

    2 in this area

    84 Total Sales

    Section Image

  • T

    Buyer's Agent in 2015

    TERRELL BRUCE

    RE/MAX

See All Agents

Map

Source: Bright MLS

MLS Number: 1002714150

Bright MLS

APN: 412289300

Pennsylvania Philadelphia County Philadelphia 19135 Tacony

7224 Cottage St, Philadelphia, PA

This home is located at 7224 Cottage St, Philadelphia, PA 19135 since 08 October 2015 and is currently estimated at $287,676, approximately $185 per square foot. This property was built in 1950. 7224 Cottage St is a home located in Philadelphia County with nearby schools including Forrest Edwin School, Lincoln High School, and Meehan Austin Middle School.

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