NOT LISTED FOR SALE

802 S 2nd St Philadelphia, PA 19147

Queen Village Neighborhood

Estimated Value: $938,776 - $1,060,000

-- Bed
4 Baths
3,401 Sq Ft
$298/Sq Ft Est. Value

Last Sold July 06, 2021

Last sale price $875,000 $257 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,157/month

Highlights

  • No HOA
  • Hot Water Heating System
  • 1-minute walk to Mario Lanza Park
  • Central Air

About This Home

As of July 2021

Fantastic 4 unit building, offering 4 - 1 bedroom units, in the finest Queen Village location! Unit 1F rents for $1250/mo, this 1 bedroom, 1 bath unit features Royal vinyl plank flooring and central air. Unit 1R rents for $1400/mo, this 1 bedroom, 1 bath, trinity style apartment offers yard access, in unit laundry and good closet space. Unit 2F is currently vacant but $1450mo is projected, this bright 1 bedroom, 1 bath unit has Royal vinyl plank flooring, cool archways and light transoms. Unit 3F rents for $1350/mo (temporarily paying $850/mo) and features, light transoms, refinished original pine floors, exposed brick and good closet space. Common basement has a coin operated washer and dryer, storage, 2 gas hot water tanks, 2 gas hot water heaters, 5 gas meters, 5 electric meters and street access. Gas heat and hot water are paid by the owner. Great long-term blue-chip investment

Last Agent to Sell the Property

Michael McCann

mccann@mccannteam.com KW Empower License #AB049770L Listed on: 04/19/2021

KW Empower

Last Buyer's Agent

Rachel Iannotti

(215) 275-1351 rachel_iannotti@yahoo.com Compass RE License #RS287852

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,168

Year Built

  • Built in 1915

Lot Details

  • 1,900 Sq Ft Lot
  • Lot Dimensions are 19.00 x 100.00

Home Design

  • Quadruplex
  • Masonry

Interior Spaces

  • 3,401 Sq Ft Home
  • Unfinished Basement
  • Interior Basement Entry

Schools

  • Meredith William Elementary And Middle School

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for heat, water
  • Tax Lot 32
  • Assessor Parcel Number 022131400

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Queen Village Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,168

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Unit/Flat
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished, Interior Access
  • Total Sq Ft: 3401
  • Living Area Sq Ft: 3401
  • Price Per Sq Ft: 279.33
  • Above Grade Finished Sq Ft: 3401
  • Above Grade Finished Area Units: Square Feet

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Wall Unit, Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: MEREDITH WILLIAM
  • Middle Or Junior School: MEREDITH WILLIAM

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 19.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1900.00
  • Zoning: CMX1

Rental Info

  • Number Of Units Month To Month: 2
  • Owner Pays: Heat, Water
  • Vacation Rental: No

Tax Info

  • School Tax: 5579.00
  • Tax Annual Amount: 10168.00
  • Assessor Parcel Number: 022131400
  • Tax Lot: 32
  • Tax Data Updated: No
  • Tax Year: 2021

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
Jun 29, 2021
Sold by
Mcclure Lawrence
Bought by
13 Melrose Investments Llc
Seller's Agent
Michael McCann
KW Empower
Buyer's Agent
Rachel Iannotti
Compass RE
List Price
$950,000
Sold Price
$875,000
Premium/Discount to List
-$75,000
-7.89%
Current Estimated Value
$1,014,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,592
Avg. Annual Appreciation
3.49%
Original Mortgage
$656,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 1984
Bought by
Mcclure Lawrence
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
13 Melrose Investments Llc $875,000 World Wide Land Transfer
Mcclure Lawrence $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 13 Melrose Investments Llc $656,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2021 07/06/21 Sold $875,000 -7.9% $257 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $950,000 -- $279 / 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 $10,168 $963,200 $192,640 $770,560
2024 $10,168 $963,200 $192,640 $770,560
2023 $10,168 $726,400 $217,800 $508,600
2022 $10,168 $726,400 $217,800 $508,600
2021 $10,168 $0 $0 $0
2020 $10,168 $726,400 $217,822 $508,578
2019 $9,383 $0 $0 $0
2018 $5,302 $0 $0 $0
2017 $5,302 $0 $0 $0
2016 $5,302 $0 $0 $0
2015 $37,013 $0 $0 $0
2014 -- $378,800 $77,148 $301,652
2012 -- $37,856 $18,052 $19,804
Source: Public Records

Agents Affiliated with this Home

  • Michael McCann

    Seller's Agent in 2021

    Michael McCann

    KW Empower

    (215) 778-0901

    52 in this area

    1,653 Total Sales

    Michael McCann
    Section Image

  • R

    Buyer's Agent in 2021

    Rachel Iannotti

    Compass RE

    (215) 275-1351

    2 in this area

    24 Total Sales

    Rachel Iannotti
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH1008356

Bright MLS

APN: 022131400

Pennsylvania Philadelphia County Philadelphia 19147 Queen Village

802 S 2nd St, Philadelphia, PA

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