NOT LISTED FOR SALE

748 W Philadelphia St York, PA 17401

Doctors Row Neighborhood

Estimated Value: $157,000 - $184,195

-- Bed
2 Baths
1,962 Sq Ft
$87/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $68,500 $35 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $1,140/month

4 Days on Market

Highlights

  • Second Kitchen
  • Wood Flooring
  • Bathtub with Shower
  • Traditional Floor Plan
  • No HOA
  • More Than Two Accessible Exits

About This Home

As of August 2021

2-Unit Semi-Detached Investment Property has a Cap Rate of *9.71%. Each apartment/unit has it's own separate gas furnace , gas hot water heater, and electric service panel which is paid by the tenants. Long-term and month -to-month tenants in both apartments/units. Owner pays water, trash, sewer, taxes, & insurance. Public water is averaging around *$80 per month. Trash is $18 per unit per month. Sewer is averaging around *$60 per month. The York City Codes License is due on or before January 31 of each year. Non-inspection year is $75 per unit per year. Currently inspection in July 2021 and passed codes. *Inspected every 2 years. This property is in great condition and features a rear grass yard with off-street parking for both tenants. *Call for details!

Last Agent to Sell the Property

Michael Fabie

Elite Property Sales, LLC License #RS227006L Listed on: 08/06/2021

Last Buyer's Agent

Michael Fabie

Elite Property Sales, LLC License #RS227006L Listed on: 08/06/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 2,401 Sq Ft Lot
  • Level Lot
  • Cleared Lot
  • Back Yard
  • Property is in very good condition

Home Design

  • Duplex
  • Dwelling with Rental
  • Brick Foundation
  • Stone Foundation
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof
  • Rubber Roof
  • Aluminum Siding
  • Stone Siding
  • Stick Built Home
  • Chimney Cap
  • Asphalt

Interior Spaces

  • Bathtub with Shower
  • 1,962 Sq Ft Home
  • Traditional Floor Plan
  • Window Treatments
  • Insulated Doors

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Oven
  • Stove

Flooring

  • Wood
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Interior and Exterior Basement Entry
  • Shelving
  • Basement Windows

Parking

  • 2 Parking Spaces
  • 2 Off-Street Spaces

Accessible Home Design

  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits
  • Level Entry For Accessibility

Outdoor Features

  • Exterior Lighting

Schools

  • William Penn High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Hot Water Baseboard Heater
  • 100 Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for insurance, sewer, trash collection, water
  • Tax Lot 0051
  • Assessor Parcel Number 11-303-04-0051-00-00000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 3-Story Building
  • West York Subdivision

Building Details

  • Income includes apartment rentals
  • Trash Expense $432

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Dwelling With Rental
  • Accessibility Features: 2+ Access Exits, 32"+ Wide Doors, Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: Tenant's Personal Property.
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: 2-Unit Semi-Detached Investment Property has a Cap Rate of *9.71%. Each apartment/unit has it's own separate gas furnace , gas hot water heater, and electric service panel which is paid by the tenants. Long-term and month -to-month tenants in both apartments/units. Owner pays water, trash, sewer, taxes, & insurance. Public water is averaging around *$80 per month. Trash is $18 per unit per month. Sewer is averaging around *$60 per month. The York City Codes License is due on or before January 31 of each year. Non-inspection year is $75 per unit per year. Currently inspection in July 2021 and passed codes. *Inspected every 2 years. This property is in great condition and features a rear grass yard with off-street parking for both tenants. *Call for details!
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Stove, Oven - Single
  • Flooring Type: Hardwood, Vinyl
  • Interior Amenities: 2nd Kitchen, Floor Plan - Traditional, Kitchen - Eat-In, Tub Shower, Window Treatments, Wood Floors
  • Fireplace: No
  • Door Features: Insulated
  • Foundation Details: Brick/Mortar, Slab, Stone
  • Room Count: 10
  • Basement: Yes
  • Basement Type: Full, Interior Access, Outside Entrance, Poured Concrete, Rear Entrance, Shelving, Walkout Stairs, Windows
  • Total Sq Ft: 1962
  • Living Area Sq Ft: 1962
  • Price Per Sq Ft: 45.82
  • Above Grade Finished Sq Ft: 1962
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 748

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Asphalt, Concrete, Stick Built, Stone
  • Exterior Features: Chimney Cap(s), Exterior Lighting, Sidewalks, Street Lights
  • Road Surface Type: Approved, Paved
  • Roof: Asphalt, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: YORK CITY
  • High School: WILLIAM PENN
  • School District Key: 300200397213
  • School District Source: Listing Agent
  • High School: WILLIAM PENN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 122
  • Lot Features: Cleared, Level, Rear Yard
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2401.00
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: 122 R - TWO FAMILY RES

Rental Info

  • Existing Lease Type: Long Term, Month To Month
  • Number Of Units Month To Month: 2
  • Owner Pays: Insurance, Sewer, Trash Collection, Water
  • Total Actual Rent: 13740.00
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 10779841
  • Tax Annual Amount: 2341.00
  • Assessor Parcel Number: 11-303-04-0051-00-00000
  • Tax Lot: 0051
  • Tax Total Finished Sq Ft: 1962
  • Tax Year: 2020
  • Close Date: 08/31/2021

MLS Schools

  • School District Name: YORK CITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2024
Sold by
South Seabrook Trust
Bought by
Ruell Rentals Llc
Current Estimated Value
$171,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$173,160
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
-$6,166

Purchase Details

Listed on
Aug 6, 2021
Closed on
Aug 31, 2021
Sold by
Snyder Gregory M and Snyder Julia A
Bought by
South Seabrook Trusts
Seller's Agent
Michael Fabie
Elite Property Sales, LLC
Buyer's Agent
Michael Fabie
Elite Property Sales, LLC
List Price
$89,900
Sold Price
$68,500
Premium/Discount to List
-$21,400
-23.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.24%

Purchase Details

Closed on
Apr 27, 2007
Sold by
J L M Properties
Bought by
Snyder Gregory M and Snyder Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,910
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
J L M Properties

Purchase Details

Closed on
Jul 10, 2006
Sold by
Smith Jason A and Smith Samantha
Bought by
Deutsche Bank National Trust Co and Registered Holders Of Cdc Mortgage Capit

Purchase Details

Closed on
Feb 2, 2005
Sold by
Smith Jason A and Smith Samantha
Bought by
Smith Samantha M

Purchase Details

Closed on
Aug 8, 2003
Sold by
Vega Mark D and Vega Christina
Bought by
Smith Jason A and Smith Samantha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,900
Interest Rate
5.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2002
Sold by
Harlan Christina and Vega Christina
Bought by
Vega Mark D and Vega Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,600
Interest Rate
7.13%

Purchase Details

Closed on
Jun 16, 2000
Sold by
Lerew Dean L and Lerew Jean M
Bought by
Harlan Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,400
Interest Rate
8.24%
Source: Public Records

Range of Values:

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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
Ruell Rentals Llc $175,000 None Listed On Document
South Seabrook Trusts $68,500 None Available
Snyder Gregory M $69,900 None Available
J L M Properties $36,500 Independence Abstract & Titl
Deutsche Bank National Trust Co $1,902 None Available
Smith Samantha M -- --
Smith Jason A $66,700 --
Vega Mark D -- --
Harlan Christina $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruell Rentals Llc $175,000
Previous Owner Snyder Gregory M $62,910
Previous Owner Smith Jason A $51,900
Previous Owner Vega Mark D $53,600
Previous Owner Harlan Christina $18,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $68,500 -23.8% $35 / Sq Ft
08/06/2021 08/06/21 For Sale $89,900 -- $46 / 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 $2,465 $39,010 $6,970 $32,040
2024 $2,422 $39,010 $6,970 $32,040
2023 $2,422 $39,010 $6,970 $32,040
2022 $2,408 $39,010 $6,970 $32,040
2021 $2,342 $39,010 $6,970 $32,040
2020 $2,286 $39,010 $6,970 $32,040
2019 $2,282 $39,010 $6,970 $32,040
2018 $2,282 $39,010 $6,970 $32,040
2017 $2,313 $39,010 $6,970 $32,040
2016 -- $39,010 $6,970 $32,040
2015 $2,287 $39,010 $6,970 $32,040
2014 $2,287 $39,010 $6,970 $32,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAYK2003992

Bright MLS

APN: 11-303-04-0051.00-00000