NOT LISTED FOR SALE

Estimated Value: $187,000 - $233,000

-- Bed
2 Baths
1,500 Sq Ft
$140/Sq Ft Est. Value

Last Sold May 11, 2015

Last sale price $65,000 $43 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $1,305/month

249 Days on Market

Highlights

  • No HOA
  • Laundry Facilities
  • Heating System Uses Gas
  • En-Suite Primary Bedroom

About This Home

As of May 2015

This property is zoned as a multi-family dwelling. This property was previosly zoned as C-3 Commercial. Since it is on the corner of Summerdale and Anchor it could easily be rezoned back to commercial. Currently the owner is renting the former store area as a 3rd residential unit. The property has all separate utilities and has a Monthly Income of $1,490. Tenants pay their own utilities. Property has been well maintained by the owner. Good income property with easy access for inspections, however tenants need 24 hours notice. Agent: Call main office for Appointments. . Directions:Take Roosevelt Blvd. South to Oxford Circle, Make right on Cheltenham Ave., to Summerdale, make left to 1st street Anchor. Property is on the corner. No FHA

Last Agent to Sell the Property

Mike Corsanico

RE/MAX Affiliates License #AB062779L Listed on: 07/31/2014

RE/MAX Affiliates

Last Buyer's Agent

Tom Vu

Burholme Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,465

Year Built

  • Built in 1934

Lot Details

  • 988 Sq Ft Lot
  • Lot Dimensions are 16x62

Parking

  • 2 Open Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,500 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 278
  • Assessor Parcel Number 351269600

Community Details

Overview

  • No Home Owners Association
  • Oxford Circle Subdivision

Additional Features

  • Laundry Facilities
  • Operating Expense $1,465

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,465

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1934
  • Remarks Public: This property is zoned as a multi-family dwelling. This property was previosly zoned as C-3 Commercial. Since it is on the corner of Summerdale and Anchor it could easily be rezoned back to commercial. Currently the owner is renting the former store area as a 3rd residential unit. The property has all separate utilities and has a Monthly Income of $1,490. Tenants pay their own utilities. Property has been well maintained by the owner. Good income property with easy access for inspections, however tenants need 24 hours notice. Agent: Call main office for Appointments. . Directions:Take Roosevelt Blvd. South to Oxford Circle, Make right on Cheltenham Ave., to Summerdale, make left to 1st street Anchor. Property is on the corner. No FHA
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Common
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 53.27
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 900

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Improvement Assessed Value: 96762.00
  • Land Assessed Value: 12538.00
  • Land Use Code: U30
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16X62
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 988.00
  • Zoning: CMX1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 15000.00
  • Other Units: Unit 1,Unit 2,Unit 3
  • Single Room Units Count: 1

Tax Info

  • Assessor Parcel Number: 1103938
  • Tax Annual Amount: 1465.00
  • Assessor Parcel Number: 351269600
  • Tax Lot: 278
  • Tax Year: 2015
  • Close Date: 05/11/2015

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2014
Closed on
May 11, 2015
Sold by
Derose Michael S
Bought by
Lq Llc
Seller's Agent
Mike Corsanico
RE/MAX Affiliates
Buyer's Agent
Tom Vu
Burholme Realty
List Price
$88,900
Sold Price
$65,000
Premium/Discount to List
-$23,900
-26.88%
Current Estimated Value
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,000
Avg. Annual Appreciation
11.12%

Purchase Details

Closed on
Dec 12, 1983
Bought by
Derose Michael S
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
Lq Llc $65,000 None Available
Derose Michael S $40,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lq Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2015 05/11/15 Sold $65,000 -26.9% $43 / Sq Ft
04/06/2015 04/06/15 Pending -- -- --
07/31/2014 07/31/14 For Sale $88,900 -- $59 / 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 $1,942 $175,400 $35,080 $140,320
2024 $1,942 $175,400 $35,080 $140,320
2023 $1,942 $138,700 $27,740 $110,960
2022 $1,942 $138,700 $27,740 $110,960
2021 $1,279 $0 $0 $0
2020 $1,279 $0 $0 $0
2019 $1,228 $0 $0 $0
2018 $1,530 $0 $0 $0
2017 $1,530 $0 $0 $0
2016 $1,530 $0 $0 $0
2015 $1,465 $0 $0 $0
2014 -- $109,300 $12,538 $96,762
2012 -- $12,736 $1,194 $11,542
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003028244

Bright MLS

APN: 351269600