NOT LISTED FOR SALE

7300 Sherwood Rd Philadelphia, PA 19151

Overbrook Neighborhood

Estimated Value: $318,000 - $359,000

-- Bed
2 Baths
1,600 Sq Ft
$210/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $325,000 $203 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,264/month

32 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • Secure Parking
  • 2 Car Attached Garage
  • Ceiling Fan

About This Home

As of February 2022

Rent both units or live in one and rent the other. Great investment opportunity, with a fully occupied income producing duplex, separated utilities with units renting for $1250 and $1275. Each apartment features high end kitchen carpentry and stainless steel appliance packages, two bedrooms, one bath, eat-in kitchen and a large living area. Hardwood floors. The basement is accessible from both the inside and outside, has separate utilities, laundry and storage for each unit. There is also a two car garage. New roof installed in 2017. Property has great potential for the right investor. Very convenient to transportation, shopping, parks, and major highways.

Last Agent to Sell the Property

Joe Quinones

Obara Investment Realty Advisors Listed on: 12/27/2021

Last Buyer's Agent

Zhongling Lin

Legacy Landmark Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,695

Year Built

  • Built in 1949 | Remodeled in 2007

Lot Details

  • 4,162 Sq Ft Lot
  • Lot Dimensions are 6.90 x 34.93

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • On-Street Parking
  • Secure Parking

Home Design

  • Duplex
  • Flat Roof Shape
  • Stone Foundation
  • Masonry

Interior Spaces

  • 1,600 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Wood Flooring
  • Finished Basement

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Schools

  • Lamberton Robert Elementary And Middle School
  • Overbrook High School

Utilities

  • Central Heating and Cooling System
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 171
  • Assessor Parcel Number 344165500

Community Details

Overview

  • 2 Units
  • Overbrook Park Subdivision

Building Details

  • Insurance Expense $1,547
  • Maintenance Expense $500
  • Trash Expense $500
  • Gross Income $30,300
  • Net Operating Income $22,366

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,695

Year Built

Built in 1949 | Remodeled in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: washer / dryers, appliances
  • New Construction: No
  • Year Built: 1949
  • Year Renovated: 2007
  • Automatically Close On Close Date: No
  • Remarks Public: Rent both units or live in one and rent the other. Great investment opportunity, with a fully occupied income producing duplex, separated utilities with units renting for $1250 and $1275. Each apartment features high end kitchen carpentry and stainless steel appliance packages, two bedrooms, one bath, eat-in kitchen and a large living area. Hardwood floors. The basement is accessible from both the inside and outside, has separate utilities, laundry and storage for each unit. There is also a two car garage. New roof installed in 2017. Property has great potential for the right investor. Very convenient to transportation, shopping, parks, and major highways.
  • Special Features: None

Interior Features

  • Appliances: Washer - Front Loading, Dryer - Front Loading
  • Flooring Type: Wood
  • Interior Amenities: Ceiling Fan(s), Window Treatments
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 229.38
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7300

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • 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
  • Parking Features: Secure Parking
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Monthly Average Electric: 35
  • Previous Twelve Months Electric Expense: 425.00
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Sewer Available, Water Available
  • Monthly Water Average: 136
  • Water Previous Twelve Months: 1629.00
  • Water Source: Public
  • Internet Services: Cable

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Elementary School: LAMBERTON ROBERT
  • Middle School: LAMBERTON ROBERT
  • High School: OVERBROOK
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397108
  • School District Source: 3rd Party
  • Elementary School: LAMBERTON ROBERT
  • High School: OVERBROOK
  • Middle Or Junior School: LAMBERTON ROBERT

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 224400.00
  • Land Assessed Value: 39600.00
  • Land Use Code: W31
  • Lot Size Acres: 0.10
  • Lot Dimensions: 6.90 x 34.93
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4162.00
  • Year Assessed: 2021
  • Zoning: RSA5

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: Water
  • Rent Control: No
  • Total Actual Rent: 30300.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1098846
  • School Tax: 2028.00
  • Tax Annual Amount: 3695.00
  • Assessor Parcel Number: 344165500
  • Tax Lot: 171
  • Tax Total Finished Sq Ft: 1600
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/28/2022

Multi Family

  • Gross Income: 30300.00
  • Gross Scheduled Income: 30300.00

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2002
Sold by
Sweeney Fergus and Sweeney Jacqueline
Bought by
Douglass John B
Current Estimated Value
$336,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,098
Interest Rate
6.02%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Douglass John B $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pham Jonathan $255,000
Closed Yirenkyi Asante Y $160,000
Closed Yirenkyi Asante Y $166,400
Closed Yirenkyi Asante Y $41,600
Previous Owner Douglass John B $52,800
Previous Owner Douglass John B $114,098
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $325,000 -11.4% $203 / Sq Ft
12/27/2021 12/27/21 For Sale $367,000 -- $229 / 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 $5,155 $368,300 $73,600 $294,700
2024 $5,155 $368,300 $73,600 $294,700
2023 $5,155 $368,300 $73,660 $294,640
2022 $3,416 $348,300 $73,660 $274,640
2021 $3,695 $0 $0 $0
2020 $3,695 $0 $0 $0
2019 $3,557 $0 $0 $0
2018 $2,842 $0 $0 $0
2017 $2,842 $0 $0 $0
2016 $2,632 $0 $0 $0
2015 $2,519 $0 $0 $0
2014 -- $203,000 $31,530 $171,470
2012 -- $19,168 $2,472 $16,696
Source: Public Records

Agents Affiliated with this Home

  • Joe Quinones

    Seller's Agent in 2022

    Joe Quinones

    Obara Investment Realty Advisors

    (267) 388-0584

    1 in this area

    22 Total Sales

    Joe Quinones
    Section Image
  • Zhongling Lin

    Buyer's Agent in 2022

    Zhongling Lin

    Legacy Landmark Realty LLC

    (917) 858-8988

    5 in this area

    70 Total Sales

    Zhongling Lin
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2059800

Bright MLS

APN: 344165500

Pennsylvania Philadelphia County Philadelphia 19151 Overbrook

7300 Sherwood Rd, Philadelphia, PA

This home is located at 7300 Sherwood Rd, Philadelphia, PA 19151 since 27 December 2021 and is currently estimated at $336,621, approximately $210 per square foot. This property was built in 1949. 7300 Sherwood Rd is a home located in Philadelphia County with nearby schools including Lamberton Robert E School, Overbrook High School, and West Phila. Achievement Ces.

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