NOT LISTED FOR SALE

725 S 56th St Philadelphia, PA 19143

Cobbs Creek Neighborhood

Estimated Value: $233,000 - $295,000

-- Bed
-- Bath
1,856 Sq Ft
$142/Sq Ft Est. Value

Last Sold July 13, 2018

Last sale price $65,000 $35 Per Sq Ft

Est. 306% increase in value since last sale

Current estimated payment $1,626/month

Highlights

  • No HOA
  • 3-minute walk to Baltimore Avenue And 56Th Street
  • Laundry Facilities
  • En-Suite Primary Bedroom
  • Hot Water Heating System

About This Home

As of July 2018

2+2 Duplex! Few in the area available that were built as 2 family dwellings. Great money maker! Units are very large - each with identical layout. Large living room with open porch, 2 good sized bedrooms, full bathroom, dining room and kitchen. Full unfinished basement could be used for shared laundry & storage space. Great buy, great location.

Last Agent to Sell the Property

Jaimee Cohen

(215) 582-5959 jmeec@rcn.com RE/MAX Prime Real Estate License #2186175 Listed on: 04/06/2018

RE/MAX Prime Real Estate

Last Buyer's Agent

Jaimee Cohen

(215) 582-5959 jmeec@rcn.com RE/MAX Prime Real Estate License #2186175 Listed on: 04/06/2018

RE/MAX Prime Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $491

Lot Details

  • 1,232 Sq Ft Lot
  • Lot Dimensions are 16x77

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,856 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Tax Lot 69
  • Assessor Parcel Number 463214300

Community Details

Overview

  • No Home Owners Association
  • Philadelphia Subdivision

Additional Features

  • Laundry Facilities
  • Operating Expense $491

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$491

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Common, Has Laundry
  • Total Sq Ft: 1856
  • Living Area Sq Ft: 1856
  • Price Per Sq Ft: 42.83
  • Above Grade Finished Sq Ft: 1856
  • Above Grade Finished Area Units: Square Feet

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
  • Heating Type: Gas, 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

Lot Info

  • Improvement Assessed Value: 29835.00
  • Land Assessed Value: 5265.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16X77
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1232.00
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1219228
  • Tax Annual Amount: 491.00
  • Assessor Parcel Number: 463214300
  • Tax Lot: 69
  • Tax Year: 2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2018
Closed on
May 16, 2018
Sold by
Mtbglw Investors Lp
Bought by
Ag Housing Llc
Seller's Agent
Jaimee Cohen
RE/MAX Prime Real Estate
Buyer's Agent
Jaimee Cohen
RE/MAX Prime Real Estate
List Price
$79,500
Sold Price
$65,000
Premium/Discount to List
-$14,500
-18.24%
Current Estimated Value
$264,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,000
Avg. Annual Appreciation
21.17%

Purchase Details

Closed on
Sep 29, 2000
Sold by
Gaines Kelly and Brice James G
Bought by
Akanno George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
7.69%
Mortgage Type
Commercial
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
Ag Housing Llc $65,000 Assurance Abstract Corp
Akanno George $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Akanno George $49,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2018 07/13/18 Sold $65,000 0.0% $35 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
05/11/2018 05/11/18 Off Market $65,000 -- --
04/06/2018 04/06/18 For Sale $79,500 -- $43 / 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 $2,898 $185,400 $37,080 $148,320
2024 $2,898 $185,400 $37,080 $148,320
2023 $2,898 $207,000 $41,400 $165,600
2022 $971 $207,000 $41,400 $165,600
2021 $971 $0 $0 $0
2020 $971 $0 $0 $0
2019 $935 $0 $0 $0
2018 $491 $0 $0 $0
2017 $491 $0 $0 $0
2016 $71 $0 $0 $0
2015 $68 $0 $0 $0
2014 -- $35,100 $6,124 $28,976
2012 -- $7,296 $1,259 $6,037
Source: Public Records

Agents Affiliated with this Home

  • Jaimee Cohen

    Seller's Agent in 2018

    Jaimee Cohen

    RE/MAX

    (215) 582-5959

    2 in this area

    173 Total Sales

    Jaimee Cohen
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Map

Source: Bright MLS

MLS Number: 1000365260

Bright MLS

APN: 463214300

Pennsylvania Philadelphia County Philadelphia 19143 Cobbs Creek

725 S 56th St, Philadelphia, PA

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