NOT LISTED FOR SALE

Estimated Value: $332,929 - $417,000

-- Bed
2 Baths
1,620 Sq Ft
$229/Sq Ft Est. Value

Last Sold December 14, 2021

Last sale price $290,000 $179 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,311/month

Highlights

  • 2 Car Direct Access Garage
  • Central Air
  • Hot Water Baseboard Heater

About This Home

As of December 2021

What a great income producing property. This is a twin duplex 2+2. The property has been kept up nicely and has a potential of $24,000-$26,000 a year. The 2nd floor long term tenant would like to stay. Her current rent is under market at $720. This market rent should be $900-$1100 depending on upgrades and size. The 1st floor will be vacant as off 10/31. The two car garage is currently rented for $180 a month, but has the potential of $200+ a month. This property is being sold in "AS IS" condition, but is priced accordingly.

Last Agent to Sell the Property

Debra Confer

First Heritage Realty Alliance, LLC License #RS296831 Listed on: 10/14/2021

Last Buyer's Agent

Bo Li

Bright Home Realty, LLC License #RM425099

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,480

Year Built

  • Built in 1965

Lot Details

  • 3,375 Sq Ft Lot
  • Lot Dimensions are 30.00 x 112.50

Parking

  • 2 Car Direct Access Garage
  • Basement Garage
  • On-Street Parking

Home Design

  • 1,620 Sq Ft Home
  • Duplex
  • Block Foundation
  • Stone Foundation
  • Masonry

Utilities

  • Central Air
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • 1 Vacant Unit

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 631356900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,480

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Exclusions: 1 Refrigerator, 1 Washer and 1 Dryer.
  • Inclusions: 1 Refreigerator, 1 Washer and 1 Dryer
  • New Construction: No
  • Year Built: 1965
  • Automatically Close On Close Date: No
  • Remarks Public: What a great income producing property. This is a twin duplex 2+2. The property has been kept up nicely and has a potential of $24,000-$26,000 a year. The 2nd floor long term tenant would like to stay. Her current rent is under market at $720. This market rent should be $900-$1100 depending on upgrades and size. The 1st floor will be vacant as off 10/31. The two car garage is currently rented for $180 a month, but has the potential of $200+ a month. This property is being sold in "AS IS" condition, but is priced accordingly.
  • Special Features: None

Interior Features

  • Foundation Details: Stone, Block
  • Total Sq Ft: 1620
  • Living Area Sq Ft: 1620
  • Price Per Sq Ft: 182.10
  • Above Grade Finished Sq Ft: 1620
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 817

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 Spaces: 2.00
  • Garage: Yes
  • Garage Features: Basement Garage, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 193908.00
  • Land Assessed Value: 54692.00
  • Land Use Code: W30
  • Lot Size Acres: 0.08
  • Lot Dimensions: 30.00 x 112.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3375.00
  • Year Assessed: 2021
  • Zoning: RTA1

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 1
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1351313
  • School Tax: 1909.00
  • Tax Annual Amount: 3480.00
  • Assessor Parcel Number: 631356900
  • Tax Lot: 49
  • Tax Total Finished Sq Ft: 1620
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 12/14/2021

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Dec 14, 2021
Sold by
Schulze Jr Herbert K
Bought by
Fan Lin Qun
Seller's Agent
Debra Confer
First Heritage Realty Alliance, LLC
Buyer's Agent
Bo Li
Bright Home Realty, LLC
List Price
$295,000
Sold Price
$290,000
Premium/Discount to List
-$5,000
-1.69%
Current Estimated Value
$371,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,310

Purchase Details

Closed on
Nov 30, 1993
Bought by
Schulze Herbert K
Source: Public Records

Range of Values:

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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
Fan Lin Qun $290,000 Germantown Title
Schulze Herbert K $119,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2021 12/14/21 Sold $290,000 0.0% $179 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
10/18/2021 10/18/21 Off Market $290,000 -- --
10/14/2021 10/14/21 For Sale $295,000 -- $182 / 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 $3,995 $320,000 $64,000 $256,000
2024 $3,995 $320,000 $64,000 $256,000
2023 $3,995 $285,400 $57,080 $228,320
2022 $3,480 $285,400 $57,080 $228,320
2021 $3,480 $0 $0 $0
2020 $3,480 $0 $0 $0
2019 $3,259 $0 $0 $0
2018 $2,762 $0 $0 $0
2017 $2,762 $0 $0 $0
2016 $2,762 $0 $0 $0
2015 $2,644 $0 $0 $0
2014 -- $197,300 $60,777 $136,523
2012 -- $24,928 $1,959 $22,969
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2002693

Bright MLS

APN: 631356900