Seller's Agent in 2021
JERRELL M. THOMPSON, CPA, EA
Realty Mark Associates
(908) 917-5189
1 in this area
2 Total Sales
7536 Walnut Ln Philadelphia, PA 19138
West Oak Lane NeighborhoodEstimated Value: $250,000 - $324,996
--
Bed
3
Baths
1,362
Sq Ft
$213/Sq Ft
Est. Value
Highlights
- No HOA
- French Doors
- Radiator
- Intercom
About This Home
As of August 2021This gorgeous West Oak Lane duplex just off of the Cheltenham border is an investor's dream. Unit 1 was renovated in 2020 is extremely spacious and consists of beautiful hardwood floors, 2 bedrooms, 1 and a half bathrooms, a large living room, dining room and kitchen. This unit is currently one of the only Air BnBs being operated in this zip code and is attracting guests from all over the US and abroad with an average review of 4.5 out 5 stars. The furniture is negotiable if you choose to continue to run the Air BnB. Unit 2 is currently vacant after long-term tenants have just vacated to move South. This unit features 1 bedroom, 1 family/guest room, an eat-in kitchen a 4 piece bathroom with a beautiful sunlight. This unit would be great for an investor looking to house hack, convert into another Air BnB or rent to long term tenants and collect passive income. Lastly, but certainly not least the neighborhood is extremely quiet and the homeowners in the area are extremely friendly. Less than 1 mile away you have the Cheltenham Mall and access to several main highways and streets to get you on the turnpike or on your merry way into Center City. Public Transportation hub less than 1 mile away as well. Seller will not do repairs and/or not give credits. Buyers buy property as-is and may do inspections for informational purposes only. Inspections are not contingent on the sale.
Last Agent to Sell the Property
(908) 917-5189 jmt.iii.realtor@gmail.com Realty Mark Associates Listed on: 05/26/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,932
Year Built
- Built in 1937 | Remodeled in 2020
Lot Details
- 1,200 Sq Ft Lot
- Lot Dimensions are 16.00 x 75.00
Home Design
- Duplex
- Brick Exterior Construction
Interior Spaces
- 1,362 Sq Ft Home
- French Doors
- Intercom
- Stove
- Finished Basement
Parking
- Alley Access
- On-Street Parking
Schools
- Samuel Pennypacker Elementary School
- Morris E Leeds Middle School
- Martin L. King High School
Utilities
- Radiator
- Vented Exhaust Fan
- Natural Gas Water Heater
- Municipal Trash
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 133
- Assessor Parcel Number 501355800
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Vacant Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 26, 2021
Closed on
Jul 27, 2021
Sold by
Thompson Jerrell
Bought by
Sullivan Andre
Seller's Agent
JERRELL M. THOMPSON, CPA, EA
Realty Mark Associates
Buyer's Agent
Nina Gupta
EXP Realty, LLC
List Price
$265,000
Sold Price
$275,000
Premium/Discount to List
$10,000
3.77%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,332
Avg. Annual Appreciation
1.29%
Original Mortgage
$270,019
Interest Rate
2.99%
Mortgage Type
FHA
Purchase Details
Listed on
Aug 28, 2017
Closed on
Nov 9, 2017
Sold by
Sawyer Stephanie M
Bought by
Thompson Jerrell
Seller's Agent
Charisma Harper
United Real Estate
Buyer's Agent
Heather Hannah
RE/MAX Affiliates
List Price
$154,000
Sold Price
$159,000
Premium/Discount to List
$5,000
3.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.78%
Original Mortgage
$156,120
Interest Rate
3.99%
Mortgage Type
FHA
Purchase Details
Closed on
May 24, 1994
Sold by
Taylor Juliet and Sawyer Juliet
Bought by
Sawyer Stephanie M
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 |
|---|---|---|---|
| Sullivan Andre | $275,000 | Primary Abstract Llc | |
| Thompson Jerrell | $159,000 | Sienna Abstract Llc | |
| Sawyer Stephanie M | $62,000 | Industrial Valley Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Sullivan Andre | $270,019 | |
| Previous Owner | Thompson Jerrell | $156,120 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/05/2021 08/05/21 | Sold | $275,000 | +3.8% | $202 / Sq Ft | |
| 06/04/2021 06/04/21 | For Sale | $265,000 | -3.6% | $195 / Sq Ft | |
| 06/01/2021 06/01/21 | Off Market | $275,000 | -- | -- | |
| 05/26/2021 05/26/21 | For Sale | $300,000 | +88.7% | $220 / Sq Ft | |
| 11/09/2017 11/09/17 | Sold | $159,000 | +3.2% | $117 / Sq Ft | View Prior Sale |
| 10/01/2017 10/01/17 | Pending | -- | -- | -- | |
| 08/28/2017 08/28/17 | For Sale | $154,000 | -- | $113 / 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 |
|---|---|---|---|---|
| 2025 | $2,315 | $234,900 | $46,980 | $187,920 |
| 2024 | $2,315 | $234,900 | $46,980 | $187,920 |
| 2023 | $2,315 | $165,400 | $33,080 | $132,320 |
| 2022 | $1,932 | $165,400 | $33,080 | $132,320 |
| 2021 | $1,932 | $0 | $0 | $0 |
| 2020 | $1,932 | $0 | $0 | $0 |
| 2019 | $1,907 | $0 | $0 | $0 |
| 2018 | $1,895 | $0 | $0 | $0 |
| 2017 | $1,895 | $0 | $0 | $0 |
| 2016 | $1,895 | $0 | $0 | $0 |
| 2015 | $1,814 | $0 | $0 | $0 |
| 2014 | -- | $135,400 | $9,227 | $126,173 |
| 2012 | -- | $16,224 | $2,257 | $13,967 |
Source: Public Records
Agents Affiliated with this Home
-
JERRELL M. THOMPSON, CPA, EA
-
Nina Gupta
N
Buyer's Agent in 2021
Nina Gupta
EXP Realty, LLC
(484) 832-6019
1 in this area
61 Total Sales
-
Charisma Harper
Seller's Agent in 2017
Charisma Harper
United Real Estate
(484) 367-7727
2 in this area
21 Total Sales
-
Heather Hannah
Buyer's Agent in 2017
Heather Hannah
RE/MAX
(610) 400-7435
20 in this area
97 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH1005906
APN: 501355800
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