NOT LISTED FOR SALE

Estimated Value: $91,000 - $669,288

-- Bed
-- Bath
3,000 Sq Ft
$156/Sq Ft Est. Value

Last Sold April 19, 2023

Last sale price $615,000 $205 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $2,543/month

52 Days on Market

Highlights

  • New Construction
  • Property is in excellent condition
  • 3-minute walk to Penrose Playground
  • Central Air
  • Back Up Gas Heat Pump System

About This Home

As of April 2023

House Hack this opportunity before the spring market arrives. New construction duplex presents a rare opportunity to acquire a high performing asset in one of Philadelphia’s fastest growing sub-markets. Tax abatement. Location of this asset qualifies the building for highly sought after QOZ benefits. One year builders warranty included.

Each unit offers 1,500 S ft a functional floorpan, 3 bedrooms, 3 full bathrooms, a large kitchen island, upgraded stainless steel appliance packages and private outdoor space including a rear patio and street to street roofdeck. The spacious units will certainly maximize the rental price and marketability in the area.

This multi-family build also creates a nice opportunity for an owner occupant investor that wishes to live in one unit, rent out the other while taking advantage of primary residency financing. Rent out one unit and whatch it pay down your mortgage over the years.

The building comes with a 1 year builder's warranty. Check it out now before it's too late!

Last Agent to Sell the Property

Michael Kuldiner

(267) 243-5353 michael@phillyesq.com United Properties Realty Listed on: 01/26/2023

Last Buyer's Agent

Smay Son

(267) 439-5406 smay.son@exprealty.com Real of Pennsylvania License #2296271

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $898

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 1,095 Sq Ft Lot
  • Lot Dimensions are 15.00 x 73.00
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • 3,000 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Utilities

  • Central Air
  • Back Up Gas Heat Pump System
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • 2 Vacant Units

Listing and Financial Details

  • Tax Lot 83
  • Assessor Parcel Number 371304300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$898

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: Yes
  • Year Built: 2023
  • Automatically Close On Close Date: No
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 205.00
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Assessed Value: 64200.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 15.00 x 73.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1095.00
  • Property Condition: Excellent
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1127386
  • School Tax: 493.00
  • Tax Annual Amount: 898.00
  • Assessor Parcel Number: 371304300
  • Tax Lot: 83
  • Tax Data Updated: Yes
  • Tax Year: 2023

Multi Family

  • Number Of Units Vacant: 2
  • 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 26, 2023
Closed on
Apr 5, 2023
Sold by
T & I Development Llc
Bought by
Smay Son and Smay Anthony Son
Seller's Agent
Michael Kuldiner
United Properties Realty
Buyer's Agent
Smay Son
Real of Pennsylvania
List Price
$649,000
Sold Price
$615,000
Premium/Discount to List
-$34,000
-5.24%
Views
44
Current Estimated Value
$469,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$145,678
Avg. Annual Appreciation
-10.06%
Original Mortgage
$603,860
Outstanding Balance
$584,879
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
-$115,557

Purchase Details

Closed on
Jan 18, 2022
Sold by
Vega Llc
Bought by
T & I Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.45%
Mortgage Type
Construction

Purchase Details

Listed on
Jan 11, 2021
Closed on
Feb 26, 2021
Sold by
Vr Homes Llc
Bought by
Vega Llc
Seller's Agent
Ilya Vorobey
Elite Realty Group Unl. Inc.
Buyer's Agent
Gazi Ataseven
HomeSmart Realty Advisors
List Price
$85,000
Sold Price
$87,000
Premium/Discount to List
$2,000
2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.68%

Purchase Details

Listed on
Feb 12, 2019
Closed on
May 17, 2019
Sold by
Lada Properties Llc
Bought by
Vr Homes Llc
Seller's Agent
Francisco Neto
Re/Max One Realty
Buyer's Agent
Ilya Vorobey
Elite Realty Group Unl. Inc.
List Price
$79,900
Sold Price
$65,000
Premium/Discount to List
-$14,900
-18.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.37%

Purchase Details

Closed on
Mar 15, 1984
Bought by
Conklin Mary Fidler
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Smay Son $615,000 None Listed On Document
T & I Development Llc $150,000 None Listed On Document
Vega Llc $87,000 J&A Abstract Inc
Vr Homes Llc $65,000 Glendale Abstract Lp
Conklin Mary Fidler -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smay Son $603,860
Previous Owner T & I Development Llc $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/19/2023 04/19/23 Sold $615,000 0.0% $205 / Sq Ft
03/20/2023 03/20/23 Price Changed $615,000 +2.7% $205 / Sq Ft
03/19/2023 03/19/23 Pending -- -- --
03/03/2023 03/03/23 Price Changed $599,000 -4.8% $200 / Sq Ft
02/15/2023 02/15/23 Price Changed $629,000 -3.1% $210 / Sq Ft
01/26/2023 01/26/23 For Sale $649,000 +646.0% $216 / Sq Ft
03/11/2021 03/11/21 Sold $87,000 0.0% -- View Prior Sale
01/13/2021 01/13/21 Off Market $87,000 -- --
01/11/2021 01/11/21 For Sale $85,000 +30.8% --
05/17/2019 05/17/19 Sold $65,000 -18.6% -- View Prior Sale
02/12/2019 02/12/19 For Sale $79,900 +963.9% --
03/16/2016 03/16/16 Sold $7,510 +159.0% -- View Prior Sale
01/16/2016 01/16/16 Pending -- -- --
01/06/2016 01/06/16 For Sale $2,900 -- --
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
2026 $899 $489,600 $97,920 $391,680
2025 $899 $54,800 $54,800 --
2024 $899 $54,800 $54,800 --
2023 $899 $64,200 $64,200 $0
2022 $223 $64,200 $64,200 $0
2021 $223 $0 $0 $0
2020 $223 $15,900 $15,900 $0
2019 $223 $0 $0 $0
2018 $223 $0 $0 $0
2017 $223 $0 $0 $0
2016 $71 $0 $0 $0
2015 $68 $0 $0 $0
2014 -- $5,100 $5,100 $0
2012 -- $352 $352 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2197484

Bright MLS

APN: 371304300