NOT LISTED FOR SALE

7722 Summerdale Ave Philadelphia, PA 19111

Rhawnhurst Neighborhood

Estimated Value: $409,000 - $426,000

-- Bed
-- Bath
2,360 Sq Ft
$177/Sq Ft Est. Value

Last Sold September 15, 2017

Last sale price $225,000 $95 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,632/month

8 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Wall to Wall Carpet
  • En-Suite Primary Bedroom
  • Laundry Facilities

About This Home

As of September 2017

Fantastic opportunity to own this 2 by 3 bedrooms duplex in the Rhawnhurst section of Philadelphia. This property is the perfect turnkey investment, it also suits a first time home owner looking for additional income. Both the upper and lower units offer a great open living space. Upon entering each unit, you will see a very large living area and a comfortable dining room. Both units offer a ton of storage space and share a common laundry area. Two car parking in rear. The utilities are separated as well. Newly installed central air. The rear consists of common driveway and two car parking. The location is convenient to everything living can offer, great shopping, public transportation, fantastic green spaces. Make your appointment today.

Last Agent to Sell the Property

Kimberly Serafine

Diana J Rueger LLC License #RS286832 Listed on: 07/10/2017

Last Buyer's Agent

Mindy Deng

Home Vista Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,765

Year Built

  • Built in 1960

Lot Details

  • 3,292 Sq Ft Lot
  • Lot Dimensions are 28x119
  • Property is in good condition

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Shingle Roof
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,360 Sq Ft Home
  • Window Treatments

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway

Schools

  • Northeast High School

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 463
  • Assessor Parcel Number 561144600

Community Details

Overview

  • No Home Owners Association
  • Rhawnhurst Subdivision

Additional Features

  • Laundry Facilities
  • Operating Expense $2,765

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,765

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Exclusions: 1st & 2nd Floor Refridgerator
  • New Construction: No
  • Year Built: 1960
  • Remarks Public: Fantastic opportunity to own this 2 by 3 bedrooms duplex in the Rhawnhurst section of Philadelphia. This property is the perfect turnkey investment, it also suits a first time home owner looking for additional income. Both the upper and lower units offer a great open living space. Upon entering each unit, you will see a very large living area and a comfortable dining room. Both units offer a ton of storage space and share a common laundry area. Two car parking in rear. The utilities are separated as well. Newly installed central air. The rear consists of common driveway and two car parking. The location is convenient to everything living can offer, great shopping, public transportation, fantastic green spaces. Make your appointment today.
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Window Treatments
  • Fireplace: No
  • Entry Location: Private
  • Foundation Details: Concrete Perimeter
  • Room List: Primary Bedroom
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 2360
  • Living Area Sq Ft: 2360
  • Price Per Sq Ft: 103.81
  • Above Grade Finished Sq Ft: 2360
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7722

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Stone
  • Exterior Features: Sidewalks
  • Roof: Flat, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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
  • High School: NORTHEAST
  • School District Key: 300200397108
  • High School: NORTHEAST

Lot Info

  • Improvement Assessed Value: 160370.00
  • Land Assessed Value: 37130.00
  • Land Use Code: W30
  • Lot Size Acres: 0.08
  • Lot Dimensions: 28X119
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3292.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: RSA3

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1287667
  • Tax Annual Amount: 2765.00
  • Assessor Parcel Number: 561144600
  • Tax Lot: 463
  • Tax Year: 2017
  • Close Date: 09/15/2017

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2017
Closed on
Sep 15, 2017
Sold by
Legacy Maureen I
Bought by
Li Jing Min
Seller's Agent
Kimberly Serafine
Diana J Rueger LLC
Buyer's Agent
Mindy Deng
Home Vista Realty
List Price
$245,000
Sold Price
$225,000
Premium/Discount to List
-$20,000
-8.16%
Current Estimated Value
$417,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,500
Avg. Annual Appreciation
7.83%
Original Mortgage
$378,000
Outstanding Balance
$319,648
Interest Rate
3.93%
Mortgage Type
Commercial
Estimated Equity
$89,852

Purchase Details

Closed on
Mar 28, 2008
Sold by
Charyton Alex and Charyton June
Bought by
Legacy Maureen I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,664
Interest Rate
6.3%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Li Jing Min $225,000 Focus Abstract Inc
Legacy Maureen I $230,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Jing Min $378,000
Previous Owner Legacy Maureen I $231,078
Previous Owner Legacy Maureen I $227,664
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2017 09/15/17 Sold $225,000 -8.2% $95 / Sq Ft
07/18/2017 07/18/17 Pending -- -- --
07/10/2017 07/10/17 For Sale $245,000 -- $104 / 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 $4,288 $387,000 $77,400 $309,600
2024 $4,288 $387,000 $77,400 $309,600
2023 $4,288 $306,300 $61,260 $245,040
2022 $3,257 $306,300 $61,260 $245,040
2021 $3,257 $0 $0 $0
2020 $3,257 $0 $0 $0
2019 $3,050 $0 $0 $0
2018 $2,765 $0 $0 $0
2017 $2,765 $0 $0 $0
2016 $2,765 $0 $0 $0
2015 $2,647 $0 $0 $0
2014 -- $197,500 $53,663 $143,837
2012 -- $24,768 $3,395 $21,373
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Serafine

    Seller's Agent in 2017

    Kimberly Serafine

    Diana J Rueger LLC

    (484) 368-6144

    2 Total Sales

    Kimberly Serafine
    Section Image
  • Mindy Deng

    Buyer's Agent in 2017

    Mindy Deng

    Home Vista Realty

    (646) 327-8666

    16 in this area

    118 Total Sales

    Mindy Deng
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000430519

Bright MLS

APN: 561144600

Pennsylvania Philadelphia County Philadelphia 19111 Rhawnhurst

7722 Summerdale Ave, Philadelphia, PA

This home is located at 7722 Summerdale Ave, Philadelphia, PA 19111 since 10 July 2017 and is currently estimated at $417,500, approximately $176 per square foot. This property was built in 1960. 7722 Summerdale Ave is a home located in Philadelphia County with nearby schools including Rhawnhurst School, Castor Gardens Middle School, and Northeast High School.

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