NOT LISTED FOR SALE

Estimated Value: $993,468

-- Bed
-- Bath
2,884 Sq Ft
$344/Sq Ft Est. Value

Last Sold March 19, 2015

Last sale price $525,000 $182 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $5,834/month

Highlights

  • No HOA
  • Central Air
  • 3-minute walk to Mario Lanza Park
  • En-Suite Primary Bedroom
  • Heating System Uses Gas

About This Home

As of March 2015

745 S 2nd Street is a wonderful legal duplex plus dog salon, currently set up as 2 apartments and a pet salon but could possibly be renovated to be purely apartments! A separate hallway entrance leads to the first floor commercial space with a reception area, a door that leads to a big open area that is currently the dog bathing area. This features a big front window and lovely light transoms. Continue through to another large room, currently the grooming room, with a full bath with tile floor and tile tub area. Then there is an eat-in kitchen with gas stove, refrigerator, dishwasher, garbage disposal and a lovely window. Then you continue through to a bedroom which features older tile floor, a closet, 2 windows, ceiling fan, recessed lighting and door that leads to a hug, almost a 40 foot, yard. Steps lead down to the super clean cement basement with tremendous storage space plus mechanicals and a washer and 2 dryers. The 2nd floor rear apartment begins with a foyer area with tile floor, coat closet and a laundry closet with stackable washer/dryer. Next the living room features recessed lighting, 2 side windows and carpeting. The kitchen boasts white cabinetry, tile floor, a refrigerator, gas stove, microwave, dishwasher and garbage disposals. A door opens to steps that lead up to a deck! The apartment has a full bath with tile floor and tile tub and a back bedroom with carpeting, recessed lighting, 2 windows & a closet. The front apartment begins with a wide open living room with high ceiling, wall to wall carpeting, track lighting, ceiling fan and 2 large windows. Kitchen with gas stove, microwave, dishwasher, garbage disposal, dishwasher and recessed lighting. This floor offers a powder room with tile floor and tile half wall. Straight steps lead up to the 2nd floor with dramatic ceiling height and 2 lovely skylights. The front bedroom features wall to wall carpeting, ceiling fan, 2 closets & 2 windows. Off the hallway find a closet with stackable washer/dryer, a great 4 piece bath with tile floor, a fabulous Jacuzzi type tub, stall shower, tile half wall and recessed lighting. The back bedroom boasts carpeting, a ceiling fan, recessed lighting, closet and sliding glass doors out to a roof deck. The deck is in older condition and is cut in half, for the back tenant, for the front. This is a wonderful opportunity to invest in a fabulous property with endless potential! Don't miss! This property is zoned a duplex with a variance for a

Last Agent to Sell the Property

Michael McCann

mccann@mccannteam.com KW Empower License #AB049770L Listed on: 01/26/2015

KW Empower

Last Buyer's Agent

Farrah Segal

(215) 837-4542 farrah.nachmani@gmail.com BHHS Fox & Roach-Southampton

BHHS Fox & Roach-Southampton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,797

Year Built

  • Built in 1916

Lot Details

  • 2,202 Sq Ft Lot
  • Lot Dimensions are 19x116

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,884 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 871044850

Community Details

Overview

  • No Home Owners Association
  • Queen Village Subdivision

Building Details

  • Operating Expense $5,797

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,797

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1916
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Has Laundry
  • Total Sq Ft: 2884
  • Living Area Sq Ft: 2884
  • Price Per Sq Ft: 199.38
  • Above Grade Finished Sq Ft: 2884
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 745

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • 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: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • 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

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Land Use Code: Y50
  • Lot Size Acres: 0.05
  • Lot Dimensions: 19X116
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2202.00
  • Property Attached Yn: Yes
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Tax Annual Amount: 5797.00
  • Assessor Parcel Number: 871044850
  • Tax Lot: 14
  • Tax Year: 2015
  • Close Date: 03/19/2015

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2015
Closed on
Mar 19, 2015
Sold by
Reeder Rose M
Bought by
Segal Glenn and Nachmani Farrah
Seller's Agent
Michael McCann
KW Empower
Buyer's Agent
Farrah Segal
BHHS Fox & Roach-Southampton
List Price
$650,000
Sold Price
$525,000
Premium/Discount to List
-$125,000
-19.23%
Current Estimated Value
$993,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$468,468
Avg. Annual Appreciation
6.23%

Purchase Details

Closed on
Jan 17, 1977
Bought by
Rose Rose M and Rose W
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
Segal Glenn $450,000 None Available
Rose Rose M $8,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2015 03/19/15 Sold $525,000 -19.2% $182 / Sq Ft
02/21/2015 02/21/15 Pending -- -- --
01/26/2015 01/26/15 For Sale $650,000 -- $225 / 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 $6,802 $560,800 $112,160 $448,640
2024 $6,802 $560,800 $112,160 $448,640
2023 $6,802 $485,900 $97,180 $388,720
2022 $5,882 $485,900 $97,180 $388,720
2021 $5,882 $0 $0 $0
2020 $5,882 $0 $0 $0
2019 $5,825 $0 $0 $0
2018 $5,501 $0 $0 $0
2017 $6,056 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $432,600 $275,262 $157,338
2012 -- $101,440 $54,984 $46,456
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003628979

Bright MLS

APN: 871044850