NOT LISTED FOR SALE

Estimated Value: $559,000 - $650,000

-- Bed
1 Bath
2,140 Sq Ft
$286/Sq Ft Est. Value

Last Sold September 13, 2022

Last sale price $595,000 $278 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,671/month

Highlights

  • Traditional Architecture
  • Porch
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Home Security System
  • 3-minute walk to Eastern State Playpen

About This Home

As of September 2022

Look no further, you are home! Great opportunity for investors and owner occupants alike. This Art Museum property offers two separate spaces: a 3 bed 2 bath owner's unit and an additional ground level unit that is ideal for work/live situation since the studio can be used as a commcial space, au pair or in-law suit. The 1 off street car parking is an absolute plus for this neighborhood. Nestled on quiet tree lined street and centric location this home is not only charming but conveniently located near all of the shops, parks and restaurants of Fairmount. Enter the home via the shaded, welcoming front porch ideal to spend breezy mornings and evenings. The first floor open plan fklows nicely, offering a spacious living rm, dining rm, kitchen and full bath. The upper level has 3 bedrooms, full bath and laundry area. The lower level finished space is currently used as a spacious studio apartment with in unit washer and dryer. Used as a duplex for decades but zoned CMX1 for 1 residential unit (approx 1440 sq ft) and 1 commercial space (approx 700 sq ft). (1) Water meter/combined for both units. (2) Electric Panels. Studio has electric heat and hot water, Owner's unit has gas. Rent roll $2300 and $1075, month to month. Property is tenant occupied and requires a min of 24 hr notice. Very loved and cherished home looking for it's new owner.

Last Agent to Sell the Property

Francesca Prieto

(267) 679-6654 frances.prieto@compass.com Compass RE Listed on: 07/17/2022

Compass RE

Co-Listed By

Sebastian Jenkins

(215) 971-5098 sebastian.jenkins@compass.com Compass RE

Last Buyer's Agent

Deannah Shaheen

(215) 570-6768 deannah.shaheen@compass.com Compass RE License #RS344948

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,222

Year Built

  • Built in 1935

Lot Details

  • 1,005

Home Design

  • Duplex
  • Traditional Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation
  • Stone Siding

Interior Spaces

  • 2,140 Sq Ft Home
  • Wood Flooring

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Parking Space
  • 1 Off-Street Space
  • Paved Parking

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Porch
  • 1,005 Sq Ft Lot

Community Details

  • 2 Units
  • Fairmount Subdivision

Listing and Financial Details

  • Tax Lot 306
  • Assessor Parcel Number 151121000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,222

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: Kitchen appliances for both kitchens as well as washers/dryers
  • New Construction: No
  • Expected On Market: 2022-07-17
  • Year Built: 1935
  • Automatically Close On Close Date: Yes
  • Remarks Public: Look no further, you are home! Great opportunity for investors and owner occupants alike. This Art Museum property offers two separate spaces: a 3 bed 2 bath owner's unit and an additional ground level unit that is ideal for work/live situation since the studio can be used as a commcial space, au pair or in-law suit. The 1 off street car parking is an absolute plus for this neighborhood. Nestled on quiet tree lined street and centric location this home is not only charming but conveniently located near all of the shops, parks and restaurants of Fairmount. Enter the home via the shaded, welcoming front porch ideal to spend breezy mornings and evenings. The first floor open plan fklows nicely, offering a spacious living rm, dining rm, kitchen and full bath. The upper level has 3 bedrooms, full bath and laundry area. The lower level finished space is currently used as a spacious studio apartment with in unit washer and dryer. Used as a duplex for decades but zoned CMX1 for 1 residential unit (approx 1440 sq ft) and 1 commercial space (approx 700 sq ft). (1) Water meter/combined for both units. (2) Electric Panels. Studio has electric heat and hot water, Owner's unit has gas. Rent roll $2300 and $1075, month to month. Property is tenant occupied and requires a min of 24 hr notice. Very loved and cherished home looking for it's new owner.
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: No
  • Total Sq Ft: 2140
  • Living Area Sq Ft: 2140
  • Price Per Sq Ft: 279.91
  • Above Grade Finished Sq Ft: 2140
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 845

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

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

Lot Info

  • Improvement Assessed Value: 21173.00
  • Land Assessed Value: 5227.00
  • Land Use Code: R30
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1005.00
  • Outdoor Living Structures: Porch(es)
  • Zoning: CMX1
  • Zoning Description: Zoned for Residential with 1 light commercial space but office space was converted to residential studio.

Rental Info

  • Existing Lease Type: Month To Month
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 962948
  • Tax Annual Amount: 5222.00
  • Assessor Parcel Number: 151121000
  • Tax Lot: 306
  • Tax Year: 2022
  • Close Date: 09/13/2022

Multi Family

  • Single Room Units Count: 1

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2022
Closed on
Sep 5, 2022
Sold by
Abercauph Naughton Monika
Bought by
Zhang Shuyu Amy
Seller's Agent
Francesca Prieto
Compass RE
Buyer's Agent
Deannah Shaheen
Compass RE
List Price
$599,000
Sold Price
$595,000
Premium/Discount to List
-$4,000
-0.67%
Views
2
Current Estimated Value
$611,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,973
Avg. Annual Appreciation
0.91%
Original Mortgage
$544,871
Outstanding Balance
$519,456
Interest Rate
4.99%
Mortgage Type
FHA
Estimated Equity
$92,517

Purchase Details

Closed on
May 11, 2006
Sold by
Naughton Michael T
Bought by
Naughton Michael T and Naughton Monika Abercauph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2002
Sold by
Lee Sook M and Yoo Sook Hee
Bought by
Naughton Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.82%
Source: Public Records

Range of Values:

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Average Value
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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
Zhang Shuyu Amy $595,000 --
Naughton Michael T -- Lawyers Title Insurance Corp
Naughton Michael T $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Shuyu Amy $544,871
Previous Owner Naughton Michael T $145,000
Previous Owner Naughton Michael T $104,000
Closed Naughton Michael T $13,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2022 09/13/22 Sold $595,000 -0.7% $278 / Sq Ft
07/20/2022 07/20/22 Pending -- -- --
07/17/2022 07/17/22 For Sale $599,000 -- $280 / 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 $5,237 $438,000 $87,600 $350,400
2024 $5,237 $438,000 $87,600 $350,400
2023 $5,237 $374,100 $74,820 $299,280
2022 $5,223 $374,100 $74,820 $299,280
2021 $5,223 $0 $0 $0
2020 $5,223 $0 $0 $0
2019 $5,055 $0 $0 $0
2018 $4,542 $0 $0 $0
2017 $4,542 $0 $0 $0
2016 $4,542 $0 $0 $0
2015 $4,348 $0 $0 $0
2014 -- $324,500 $54,672 $269,828
2012 -- $31,584 $6,253 $25,331
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2138596

Bright MLS

APN: 151121000