Seller's Agent in 2019
Lisa Risco
Keller Williams Main Line
(215) 768-8065
11 in this area
173 Total Sales
7400 Briar Rd Philadelphia, PA 19138
West Oak Lane NeighborhoodEstimated Value: $359,548
--
Bed
4
Baths
1,480
Sq Ft
$243/Sq Ft
Est. Value
Highlights
- Straight Thru Architecture
- No HOA
- Radiator
- Wood Flooring
- Patio
About This Home
As of September 2019Cash Flow opportunity knocks! This mixed used building boast Two 1 unit apartments, with a commercial use on the ground level. The ground space has been used over the years as a beauty salon and barbershop. This property has one common entrance area for both upper units, both with straight -thru style. The business area offers a flex space, back office room with kitchenette area and lavatory. There is a full unfinished basement ,separate electric meters, two water tanks and a single heater and gas meter for the building ,easily able to be converted. This property is close to major highways, area amenities, county living and public transportation. You wont want to miss this one!
Last Agent to Sell the Property
(215) 768-8065 lisa.risco@gmail.com Keller Williams Main Line License #AB067753 Listed on: 05/01/2019
Last Buyer's Agent
(267) 481-4781 investbuyandsell@gmail.com Next Home Consultants License #RS290971
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,937
Year Built
- Built in 1930
Lot Details
- 1,989 Sq Ft Lot
- Lot Dimensions are 18.00 x 110.50
Parking
- On-Street Parking
Home Design
- Triplex
- Straight Thru Architecture
- Flat Roof Shape
- Stone Foundation
- Masonry
Interior Spaces
- 1,480 Sq Ft Home
- Wood Flooring
- Basement
Outdoor Features
- Patio
Utilities
- Radiator
- Natural Gas Water Heater
Listing and Financial Details
- The owner pays for heat
- Tax Lot 41
- Assessor Parcel Number 501336200
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Insurance Expense $3,472
- Other Expense $1,528
- Operating Expense $5,000
- Gross Income $30,900
- Net Operating Income $3,472
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 21, 2020
Sold by
Person Shayla
Bought by
Tribble Alvin P
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,837
Outstanding Balance
$248,564
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$110,984
Purchase Details
Listed on
May 1, 2019
Closed on
Sep 3, 2019
Sold by
Terry Ellen D
Bought by
Person Shayla
Seller's Agent
Lisa Risco
Keller Williams Main Line
Buyer's Agent
Desiraee Davis
Next Home Consultants
List Price
$189,900
Sold Price
$189,000
Premium/Discount to List
-$900
-0.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.99%
Original Mortgage
$151,920
Interest Rate
3.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 22, 1982
Bought by
Terry Ellen
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 |
|---|---|---|---|
| Tribble Alvin P | $285,000 | First American Mortgage Sln | |
| Person Shayla | $189,900 | National Integrity Llc | |
| Terry Ellen | $33,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tribble Alvin P | $279,837 | |
| Previous Owner | Person Shayla | $151,920 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/03/2019 09/03/19 | Sold | $189,000 | -0.5% | $128 / Sq Ft |
| 08/05/2019 08/05/19 | For Sale | $189,900 | 0.0% | $128 / Sq Ft |
| 06/28/2019 06/28/19 | Pending | -- | -- | -- |
| 05/31/2019 05/31/19 | Price Changed | $189,900 | -5.0% | $128 / Sq Ft |
| 05/01/2019 05/01/19 | For Sale | $199,900 | -- | $135 / 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 |
|---|---|---|---|---|
| 2026 | $1,937 | $138,400 | $17,878 | $120,522 |
| 2025 | $1,937 | $138,400 | $17,878 | $120,522 |
| 2024 | $1,937 | $138,400 | $17,878 | $120,522 |
| 2023 | $1,937 | $138,400 | $17,878 | $120,522 |
| 2022 | $1,937 | $138,400 | $17,878 | $120,522 |
| 2021 | $1,937 | $0 | $0 | $0 |
| 2020 | $1,937 | $0 | $0 | $0 |
| 2019 | $2,023 | $0 | $0 | $0 |
| 2018 | $2,023 | $0 | $0 | $0 |
| 2017 | $2,023 | $0 | $0 | $0 |
| 2016 | $2,023 | $0 | $0 | $0 |
| 2015 | $1,936 | $0 | $0 | $0 |
| 2014 | -- | $144,500 | $18,666 | $125,834 |
| 2012 | -- | $14,080 | $2,619 | $11,461 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Risco
-
Felice Murphy
F
Seller Co-Listing Agent in 2019
Felice Murphy
Realty Mark Associates - KOP
(267) 973-5137
2 in this area
17 Total Sales
-
Desiraee Davis
Buyer's Agent in 2019
Desiraee Davis
Next Home Consultants
(267) 481-4781
3 in this area
60 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH792702
APN: 501336200
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