NOT LISTED FOR SALE

Estimated Value: $353,000 - $360,000

-- Bed
-- Bath
1,848 Sq Ft
$192/Sq Ft Est. Value

Last Sold June 19, 2019

Last sale price $240,000 $130 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,274/month

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 2-minute walk to Champion Park Playground
  • No HOA

About This Home

As of June 2019

This home is located at 8516 Verree Rd, Philadelphia, PA 19111 since 25 May 2019 and is currently estimated at $355,405, approximately $192 per square foot. This property was built in 1954. 8516 Verree Rd is a home located in Philadelphia County with nearby schools including Greenberg Joseph School, George Washington High School, and Tacony Academy Charter School.

Last Agent to Sell the Property

Charles Rueter

Charles Rueter Inc Listed on: 05/25/2019

Last Buyer's Agent

Charles Rueter

Charles Rueter Inc Listed on: 05/25/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,320

Year Built

  • Built in 1954

Lot Details

  • 3,042 Sq Ft Lot
  • Lot Dimensions are 28.50 x 106.75
  • Property is in good condition

Parking

  • Driveway

Home Design

  • Duplex
  • Built-Up Roof
  • Masonry

Interior Spaces

  • 1,848 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Natural Gas Water Heater
  • No Septic System

Listing and Financial Details

  • Tax Lot 203
  • Assessor Parcel Number 632257700

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,320

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1848
  • Living Area Sq Ft: 1848
  • Price Per Sq Ft: 134.20
  • Above Grade Finished Sq Ft: 1848
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8516

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Roof: Built-Up
  • 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: Yes
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: No Septic System
  • Water Source: Community

Condo/Co-op/Association

  • HOA: 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: 195928.00
  • Land Assessed Value: 41272.00
  • Land Use Code: W30
  • Lot Size Acres: 0.07
  • Lot Dimensions: 28.50 x 106.75
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3042.00
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: RTA1

Rental Info

  • Existing Lease Type: None
  • Ground Rent Exists: No
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1354572
  • School Tax: 1822.00
  • Tax Annual Amount: 3320.00
  • Assessor Parcel Number: 632257700
  • Tax Lot: 203
  • Tax Total Finished Sq Ft: 1848
  • Tax Data Updated: Yes
  • Tax Year: 2020
  • Close Date: 06/19/2019

Multi Family

  • Number Of Units Vacant: 2

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2019
Closed on
Jun 19, 2019
Sold by
Crognale Patricia
Bought by
Sali Dritan and Sali Genci
Seller's Agent
Charles Rueter
Charles Rueter Inc
Buyer's Agent
Charles Rueter
Charles Rueter Inc
List Price
$248,000
Sold Price
$240,000
Premium/Discount to List
-$8,000
-3.23%
Current Estimated Value
$355,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,405
Avg. Annual Appreciation
6.95%
Original Mortgage
$180,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 1986
Bought by
Crognale Stephen W and Crognale Patricia A
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
Sali Dritan $240,000 Realty Land Abstract Llc
Crognale Stephen W $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sali Dritan $175,000
Closed Sali Dritan $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2019 06/19/19 Sold $240,000 -3.2% $130 / Sq Ft
05/25/2019 05/25/19 Pending -- -- --
05/25/2019 05/25/19 For Sale $248,000 -- $134 / 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 $4,104 $410,000 $82,000 $328,000
2024 $4,104 $410,000 $82,000 $328,000
2023 $4,104 $293,200 $58,640 $234,560
2022 $3,320 $293,200 $58,640 $234,560
2021 $3,320 $0 $0 $0
2020 $3,320 $0 $0 $0
2019 $3,109 $0 $0 $0
2018 $2,825 $0 $0 $0
2017 $2,825 $0 $0 $0
2016 $2,825 $0 $0 $0
2015 $2,704 $0 $0 $0
2014 -- $201,800 $53,950 $147,850
2012 -- $30,016 $2,928 $27,088
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH799910

Bright MLS

APN: 632257700