NOT LISTED FOR SALE

Estimated Value: $713,000 - $788,000

-- Bed
2 Baths
2,160 Sq Ft
$343/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $649,000 $300 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,573/month

Highlights

  • Deck
  • Wood Flooring
  • Stainless Steel Appliances
  • Straight Thru Architecture
  • No HOA
  • Skylights

About This Home

As of April 2021

Don’t miss your opportunity to own this fabulous Fairmont duplex! This property features one bi-level 2 bedroom, 1 and a half bath unit with parking as well as a 1 bedroom, 1 bath plus loft upper unit. Enter Unit 1 into the spacious dining room with hardwood floors and updated kitchen area with stainless steel appliances. The oversized living area sits in the back of the unit and features sliders to lovely, enclosed brick patio. A convenient half bath completes this floor. Upstairs you will find the Main bedroom with two closets, updated hall bath, second bedroom with walk in closet and laundry closet. Unit 2 is a walk-up 3rd floor 1 bedroom with vaulted ceilings and skylights. The open living room with hardwood floors opens to the kitchen area with stainless steel appliances. The updated hall bath has granite countertop and glass enclosed shower. Large bedroom has skylight and sliders to wonderful back deck. Additional loft area is perfect for home office or guest room. Washer and dryer in unit. Walk to the Art Museum and Kelly Drive and the many shops and restaurants around Fairmount, the Art Museum and Kelly Drive. Both units are vacant and perfect for a 1031 Exchange opportunity. Rent one out and live in the other one.

Last Agent to Sell the Property

Damon Michels

(610) 668-3400 damon@damonmichels.com KW Main Line - Narberth License #AB067731 Listed on: 01/14/2021

KW Main Line - Narberth

Last Buyer's Agent

Bo Liu

(215) 625-4728 liubo.liberty@gmail.com BY Real Estate License #RM424023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,404

Year Built

  • Built in 1915

Lot Details

  • 1,008 Sq Ft Lot
  • Lot Dimensions are 18.00 x 56.00
  • Property is in excellent condition

Home Design

  • Duplex
  • Straight Thru Architecture
  • Brick Exterior Construction
  • Masonry

Interior Spaces

  • 2,160 Sq Ft Home
  • Skylights
  • Recessed Lighting
  • Dining Area

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet

Laundry

  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Paved Parking
  • Parking Lot
  • 1 Assigned Parking Space

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Art Museum Area Subdivision

Listing and Financial Details

  • Tax Lot 260
  • Assessor Parcel Number 151286610

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,404

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Remarks Public: Don’t miss your opportunity to own this fabulous Fairmont duplex! This property features one bi-level 2 bedroom, 1 and a half bath unit with parking as well as a 1 bedroom, 1 bath plus loft upper unit. Enter Unit 1 into the spacious dining room with hardwood floors and updated kitchen area with stainless steel appliances. The oversized living area sits in the back of the unit and features sliders to lovely, enclosed brick patio. A convenient half bath completes this floor. Upstairs you will find the Main bedroom with two closets, updated hall bath, second bedroom with walk in closet and laundry closet. Unit 2 is a walk-up 3rd floor 1 bedroom with vaulted ceilings and skylights. The open living room with hardwood floors opens to the kitchen area with stainless steel appliances. The updated hall bath has granite countertop and glass enclosed shower. Large bedroom has skylight and sliders to wonderful back deck. Additional loft area is perfect for home office or guest room. Washer and dryer in unit. Walk to the Art Museum and Kelly Drive and the many shops and restaurants around Fairmount, the Art Museum and Kelly Drive. Both units are vacant and perfect for a 1031 Exchange opportunity. Rent one out and live in the other one.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Oven/Range - Gas, Stainless Steel Appliances, Washer, Refrigerator
  • Flooring Type: Hardwood
  • Interior Amenities: Carpet, Dining Area, Recessed Lighting, Skylight(s), Wood Floors
  • Fireplace: No
  • Total Sq Ft: 2160
  • Living Area Sq Ft: 2160
  • Price Per Sq Ft: 300.46
  • Above Grade Finished Sq Ft: 2160
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 826

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry, Brick
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Paved Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

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: 320291.00
  • Land Assessed Value: 137209.00
  • Land Use Code: W50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 18.00 x 56.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1008.00
  • Outdoor Living Structures: Patio(s), Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: ICMX

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 964315
  • School Tax: 3514.00
  • Tax Annual Amount: 6404.00
  • Assessor Parcel Number: 151286610
  • Tax Lot: 260
  • Tax Total Finished Sq Ft: 2160
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 04/19/2021

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Apr 9, 2021
Sold by
Estate Of Mark A Vickers
Bought by
510 Philadelphia Llc
Seller's Agent
Damon Michels
KW Main Line - Narberth
Buyer's Agent
Bo Liu
BY Real Estate
List Price
$675,000
Sold Price
$649,000
Premium/Discount to List
-$26,000
-3.85%
Current Estimated Value
$740,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,974
Avg. Annual Appreciation
2.99%
Original Mortgage
$30,000
Outstanding Balance
$27,086
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$713,888

Purchase Details

Closed on
Dec 9, 1998
Sold by
Vickers Thomas H and Vickers Mark A
Bought by
Vickers Mark A
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
510 Philadelphia Llc $649,000 Quest Abstract Corporation
Vickers Mark A -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 510 Philadelphia Llc $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2021 04/19/21 Sold $649,000 0.0% $300 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/25/2021 02/25/21 Price Changed $649,000 -3.9% $300 / Sq Ft
01/14/2021 01/14/21 For Sale $675,000 -- $313 / 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 $7,744 $548,700 $109,740 $438,960
2024 $7,744 $548,700 $109,740 $438,960
2023 $7,744 $553,200 $110,640 $442,560
2022 $7,744 $553,200 $110,640 $442,560
2021 $6,404 $0 $0 $0
2020 $6,404 $457,500 $137,209 $320,291
2019 $6,198 $0 $0 $0
2018 $5,389 $0 $0 $0
2017 $5,389 $0 $0 $0
2016 $5,389 $0 $0 $0
2015 $5,159 $0 $0 $0
2014 -- $385,000 $55,711 $329,289
2012 -- $33,728 $3,079 $30,649
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH974900

Bright MLS

APN: 151286610