NOT LISTED FOR SALE

Estimated Value: $273,000 - $340,000

-- Bed
2 Baths
1,980 Sq Ft
$155/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $77,000 $39 Per Sq Ft

Est. 298% increase in value since last sale

Current estimated payment $1,959/month

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Wall to Wall Carpet
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • 3-minute walk to Cibotti Park

About This Home

As of September 2018

Check out the cap rate on this well maintained du-plex. Turn key investment with long term tenants that all would like to stay. All separate utilities. Owner pays water. All well maintained units with foyer entrance. 1st floor rear unit-1 bedroom pays $550.00. 2nd fl bi-level unit a large 3 bedroom is vacant with a market rent of $650.00. Close to Shopping Schools and public transportation. This property has 3 separate electric meters and was set up as a tri-plex, but legal use right now is duplex. Rezone the property and start using the 1st floor front unit for additional income.

Last Agent to Sell the Property

Edward McDonald

(215) 498-5660 ed@edmcdonaldrealestate.com Re/Max One Realty License #RS195849L Listed on: 02/06/2018

Re/Max One Realty

Last Buyer's Agent

Tre Rios

(267) 455-7003 trios@spaceandcompany.com Space & Company

Space & Company

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 3,698 Sq Ft Lot
  • Lot Dimensions are 29x128

Parking

  • On-Street Parking

Home Design

  • 1,980 Sq Ft Home
  • Duplex
  • Pitched Roof
  • Shingle Roof
  • Stucco

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • Laundry in unit

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 405756094

Community Details

Overview

  • No Home Owners Association
  • Elmwood Park Subdivision

Building Details

  • Insurance Expense $1,300
  • Operating Expense $4,741

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace: No
  • Entry Location: Foyer
  • Room List: Primary Bedroom
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1980
  • Living Area Sq Ft: 1980
  • Price Per Sq Ft: 45.43
  • Above Grade Finished Sq Ft: 1980
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • 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: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 112070.00
  • Land Assessed Value: 48030.00
  • Lot Size Acres: 0.08
  • Lot Dimensions: 29X128
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3698.00
  • Property Attached Yn: Yes
  • Zoning: RSA3

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 14400.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1166025
  • Tax Annual Amount: 2241.00
  • Assessor Parcel Number: 405756094
  • Tax Lot: 4
  • Tax Year: 2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2018
Closed on
Sep 19, 2018
Sold by
Chima Anthony and Chima Suzanne
Bought by
Akremi Amor
Seller's Agent
Edward McDonald
Re/Max One Realty
Buyer's Agent
Tre Rios
Space & Company
List Price
$94,944
Sold Price
$77,000
Premium/Discount to List
-$17,944
-18.9%
Current Estimated Value
$306,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,500
Avg. Annual Appreciation
21.35%
Original Mortgage
$65,450
Outstanding Balance
$56,841
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$249,659

Purchase Details

Closed on
Apr 27, 2018
Sold by
Chima Anthony
Bought by
Chima Anthony and Chima Suzanne

Purchase Details

Closed on
Oct 30, 2017
Sold by
Chima Anthony and Chima Kelly Anne
Bought by
Chima Anthony

Purchase Details

Closed on
Sep 26, 2008
Sold by
Chima Anthony
Bought by
Chima Anthony and Chima Kelly Anne

Purchase Details

Closed on
Sep 22, 2004
Sold by
Ouattara Siaka
Bought by
Chima Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
5.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 27, 2002
Sold by
Conway Michael J
Bought by
Ouattara Siaka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,200
Interest Rate
6.17%
Mortgage Type
Commercial
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
Akremi Amor $77,000 None Available
Chima Anthony -- None Available
Chima Anthony -- None Available
Chima Anthony -- None Available
Chima Anthony $128,000 Fidelity Natl Title Ins Co
Ouattara Siaka $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akremi Amor $65,450
Previous Owner Chima Anthony $96,000
Previous Owner Ouattara Siaka $70,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2018 09/14/18 Sold $77,000 0.0% $39 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
08/11/2018 08/11/18 Off Market $77,000 -- --
07/09/2018 07/09/18 Price Changed $89,944 -5.3% $45 / Sq Ft
04/29/2018 04/29/18 For Sale $94,944 +23.3% $48 / Sq Ft
04/29/2018 04/29/18 Off Market $77,000 -- --
03/26/2018 03/26/18 Price Changed $94,944 -5.0% $48 / Sq Ft
02/06/2018 02/06/18 For Sale $99,944 -- $50 / 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
2026 $4,260 $233,500 $46,700 $186,800
2025 $4,260 $233,500 $46,700 $186,800
2024 $4,260 $233,500 $46,700 $186,800
2023 $4,260 $304,300 $60,860 $243,440
2022 $2,189 $259,300 $60,860 $198,440
2021 $2,189 $0 $0 $0
2020 $2,189 $0 $0 $0
2019 $1,908 $0 $0 $0
2018 $2,241 $0 $0 $0
2017 $2,241 $0 $0 $0
2016 $2,241 $0 $0 $0
2015 $2,145 $0 $0 $0
2014 -- $160,100 $29,505 $130,595
2012 -- $15,936 $4,627 $11,309
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000167280

Bright MLS

APN: 405756094