$420,000
SOLD JAN 10, 2025
-- Bed
-- Bath
2,460 Sq Ft
5,355 Sq Ft Lot

Recently Sold

$171 Per Sq Ft

3 Days on Market

About This Home

As of January 2025

Welcome to 7945 Algon Avenue. A well maintained single building duplex located in Rhawnhurst. The 1st unit has 2 bedrooms and 1 bathroom. The 2nd unit has 3 bedrooms and 2 bathrooms. The 1st floor offers easy access, a cozy layout, updated laminate wood floors and bathroom, ceiling fans, which ensure comfort year-round. The 2nd floor unit has beautiful hardwood floors creating a warm and inviting atmosphere.

Both units have their own washers, dryers, storage, parking, and easy access to public transportation making this home a practical choice for anyone. Monthly rental income for unit 1 is $1,000 and market rent value is $1500. Monthly rental income for unit 2 is $1,250 and market rent value is $2000. Existing tenants are interested in staying at the home.

Showings can be scheduled Sunday, Monday, Wednesday, and Thursday.

Last Agent to Sell the Property

Allen Varughese

Liberty Bell Real Estate Brokerage LLC Listed on: 08/17/2024

Liberty Bell Real Estate Brokerage LLC

Last Buyer's Agent

Rob Warner

Keller Williams Real Estate-Blue Bell License #RS329364

Keller Williams Real Estate-Blue Bell

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,507

Year Built

  • Built in 1960

Lot Details

  • 5,355 Sq Ft Lot
  • Lot Dimensions are 45.00 x 119.00

Parking

  • Driveway

Home Design

  • 2,460 Sq Ft Home
  • Duplex
  • Bi-Level Home
  • Permanent Foundation
  • Masonry

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater
  • No Septic System

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 447
  • Assessor Parcel Number 561131100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,507

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • Exclusions: Window Treatments & Window A/C Units.
  • Inclusions: Washer, Dryer, Kitchen Refrigerator - All as is.
  • New Construction: No
  • Year Built: 1960
  • Automatically Close On Close Date: Yes
  • Remarks Public: Welcome to 7945 Algon Avenue. A well maintained single building duplex located in Rhawnhurst. The 1st unit has 2 bedrooms and 1 bathroom. The 2nd unit has 3 bedrooms and 2 bathrooms. The 1st floor offers easy access, a cozy layout, updated laminate wood floors and bathroom, ceiling fans, which ensure comfort year-round. The 2nd floor unit has beautiful hardwood floors creating a warm and inviting atmosphere. Both units have their own washers, dryers, storage, parking, and easy access to public transportation making this home a practical choice for anyone. Monthly rental income for unit 1 is $1,000 and market rent value is $1500. Monthly rental income for unit 2 is $1,250 and market rent value is $2000. Existing tenants are interested in staying at the home. Showings can be scheduled Sunday, Monday, Wednesday, and Thursday.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Permanent
  • Total Sq Ft: 2460
  • Living Area Sq Ft: 2460
  • Price Per Sq Ft: 170.73
  • Above Grade Finished Sq Ft: 2460
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7945

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: No Septic System
  • Water Source: Public

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: W30
  • Lot Size Acres: 0.12
  • Lot Dimensions: 45.00 x 119.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5355.00
  • Year Assessed: 2023
  • Zoning: RSA3

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2473.00
  • Tax Annual Amount: 4507.00
  • Assessor Parcel Number: 561131100
  • Tax Lot: 447
  • Tax Total Finished Sq Ft: 2460
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/10/2025

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2024
Closed on
Jan 10, 2025
Sold by
Thomas Leju V
Bought by
Tran Phillip and Tran Kathy
Seller's Agent
Allen Varughese
Liberty Bell Real Estate Brokerage LLC
Buyer's Agent
Rob Warner
Keller Williams Real Estate-Blue Bell
List Price
$420,000
Sold Price
$420,000
Views
43
Current Estimated Value
$416,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,047
Avg. Annual Appreciation
-0.59%
Original Mortgage
$336,000
Outstanding Balance
$335,101
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$83,449

Purchase Details

Closed on
Sep 27, 2015
Sold by
Thomas Leno P and Thomas Leju V
Bought by
Thomas Leju V

Purchase Details

Closed on
Aug 29, 2013
Sold by
Bidder Gertrude and Markowitz Alan I
Bought by
Thomas Philip O and Thomas Aleyamma
Source: Public Records

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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 Type Sale Price Title Company
Deed $420,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Deed $210,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $336,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2025 01/10/25 Sold $420,000 0.0% $171 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
08/17/2024 08/17/24 For Sale $420,000 -- $171 / 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 $4,507 $376,000 $75,200 $300,800
2024 $4,507 $376,000 $75,200 $300,800
2023 $4,507 $322,000 $64,400 $257,600
2022 $4,507 $322,000 $64,400 $257,600
2021 $3,410 $0 $0 $0
2020 $3,410 $0 $0 $0
2019 $3,193 $0 $0 $0
2018 $2,914 $0 $0 $0
2017 $2,914 $0 $0 $0
2016 $2,914 $0 $0 $0
2015 $2,790 $0 $0 $0
2014 -- $208,200 $87,304 $120,896
2012 -- $24,768 $5,392 $19,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2387470

Bright MLS

APN: 561131100