K
Seller's Agent in 2024
Kolu Johnson
Nova Realty, LLC
(267) 333-2822
1 in this area
37 Total Sales
7236 Elmwood Ave Philadelphia, PA 19142
Penrose NeighborhoodEstimated Value: $162,000 - $176,000
--
Bed
--
Bath
1,920
Sq Ft
$88/Sq Ft
Est. Value
Highlights
- Entry thresholds less than 5/8 inches
- 1-minute walk to Elmwood Avenue And 73Rd Street
- 4-minute walk to Elmwood Park
- Visual Modifications
- 90% Forced Air Heating System
About This Home
As of April 2024Welcome to this large corner income generating property in southwest/cobbs creek section of Philadelphia. Property is being SOLD in it's AS-IS, offers two units, very large 2 bedroom on the 2nd floor with monthly rent of $1,000.00 Agreement (on month-to-month) and another large 2 bedroom on the 1st floor with monthly rent income of $1,000.00, , a detached car garage rented with monthly income of $100.00. with a combined annual gross income of $25,200.00. Utilities are separate and each tenant pays for its own utility bill. This property is conveniently located close to shopping centers, steps away to public transportation -Septa trolley, buses, etc. Minutes away to the Philadelphia international Airport, trails, John Heinz wildlife refuge, Cobbs creek parkway, all the Philadelphia sports stadia. Few minutes to center city Philadelphia. Just two blocks away to the newest Amazon large office/warehouse building. Walk to the busy Woodland international businesses and multicultural business district. Enjoy the different restaurants and markets on Elmwood Avenue, just minutes to the famed Lindbergh shopping center with all the banks and more restaurants. 15 Minutes ride to the soccer team Stadium in Chester PA. The home of the Philadelphia Union Soccer Team. Just takeover this gem, call to show with 24-hour notice to tenants.
Last Agent to Sell the Property
Nova Realty, LLC License #AB067791 Listed on: 08/17/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,565
Year Built
- Built in 1920
Lot Details
- 1,312 Sq Ft Lot
- Lot Dimensions are 16.00 x 82.00
- Property is in average condition
Parking
- On-Street Parking
Home Design
- 1,920 Sq Ft Home
- Duplex
- Concrete Perimeter Foundation
- Masonry
Accessible Home Design
- Visual Modifications
- Entry thresholds less than 5/8 inches
Schools
- Penrose Elementary School
- Tilden Middle School
- Bartram John High School
Utilities
- 90% Forced Air Heating System
- Space Heater
- 100 Amp Service
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 87
- Assessor Parcel Number 404234100
Community Details
Overview
- 2 Units
Building Details
- Income includes apartment rentals
- Operating Expense $2,475
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 17, 2022
Closed on
Apr 19, 2024
Sold by
Shodiya Ademolu and Shodiya Olusola Nuru
Bought by
Acquah Agnes
Seller's Agent
Kolu Johnson
Nova Realty, LLC
Buyer's Agent
Kolu Johnson
Nova Realty, LLC
List Price
$199,900
Sold Price
$162,500
Premium/Discount to List
-$37,400
-18.71%
Views
222
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,500
Avg. Annual Appreciation
5.64%
Original Mortgage
$156,750
Outstanding Balance
$150,778
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$24,222
Purchase Details
Closed on
Oct 30, 1998
Sold by
Holt Margaret
Bought by
Shodiya Ademolu
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Acquah Agnes | $165,000 | Germantown Title | |
| Shodiya Ademolu | $51,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Acquah Agnes | $156,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/10/2024 04/10/24 | Sold | $162,500 | -7.1% | $85 / Sq Ft |
| 02/16/2024 02/16/24 | Pending | -- | -- | -- |
| 01/02/2024 01/02/24 | Price Changed | $175,000 | -5.4% | $91 / Sq Ft |
| 10/11/2023 10/11/23 | Price Changed | $185,000 | -2.6% | $96 / Sq Ft |
| 09/28/2023 09/28/23 | Price Changed | $190,000 | -5.0% | $99 / Sq Ft |
| 05/02/2023 05/02/23 | Price Changed | $199,900 | 0.0% | $104 / Sq Ft |
| 05/02/2023 05/02/23 | For Sale | $199,900 | +23.0% | $104 / Sq Ft |
| 03/21/2023 03/21/23 | Off Market | $162,500 | -- | -- |
| 01/25/2023 01/25/23 | Price Changed | $190,000 | -20.8% | $99 / Sq Ft |
| 01/04/2023 01/04/23 | Price Changed | $239,900 | -4.0% | $125 / Sq Ft |
| 08/17/2022 08/17/22 | For Sale | $249,900 | -- | $130 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,565 | $192,400 | $38,480 | $153,920 |
| 2024 | $3,565 | $192,400 | $38,480 | $153,920 |
| 2023 | $3,565 | $254,700 | $50,940 | $203,760 |
| 2022 | $1,460 | $254,700 | $50,940 | $203,760 |
| 2021 | $1,460 | $0 | $0 | $0 |
| 2020 | $1,460 | $0 | $0 | $0 |
| 2019 | $1,272 | $0 | $0 | $0 |
| 2018 | $1,095 | $0 | $0 | $0 |
| 2017 | $1,095 | $0 | $0 | $0 |
| 2016 | $1,095 | $0 | $0 | $0 |
| 2015 | $1,001 | $0 | $0 | $0 |
| 2014 | -- | $74,700 | $8,066 | $66,634 |
| 2012 | -- | $14,944 | $2,488 | $12,456 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2024
Lawrence Eburuoh
Nova Realty, LLC
(215) 300-9121
9 in this area
82 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2149946
APN: 404234100
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 2515 S 73rd St
- 7221 W Passyunk Ave
- 2510 S 71st St
- 2617 S 73rd St
- 2616 S 72nd St
- 7252 Grays Ave
- 7108 Elmwood Ave
- 7106 Elmwood Ave
- 2336 S 72nd St
- 2541 S 71st St
- 7215 Guyer Ave
- 2627 S 71st St
- 2600 Island Ave
- 7026 Elmwood Ave
- 7306 Bunting Place
- 7108 Dicks Ave
- 7307 Kinglet Place
- 7015 Elmwood Ave
- 7330 Kinglet Place
- 7400 Sandpiper Place
- 7238 Elmwood Ave
- 7240 Elmwood Ave
- 7242 Elmwood Ave
- 2510 S Lloyd St
- 7244 Elmwood Ave
- 2512 S Lloyd St
- 2511 S Lloyd St
- 2514 S Lloyd St
- 7248 Elmwood Ave
- 2516 S Lloyd St
- 2513 S Lloyd St
- 2515 S Lloyd St
- 7250 Elmwood Ave
- 2518 S Lloyd St
- 2511 S 73rd St
- 2513 S 73rd St
- 2517 S Lloyd St
- 2520 S Lloyd St
- 2519 S Lloyd St
- 2517 S 73rd St