NOT LISTED FOR SALE

Estimated Value: $110,000 - $326,000

-- Bed
2 Baths
1,530 Sq Ft
$157/Sq Ft Est. Value

Last Sold December 11, 2023

Last sale price $132,500 $87 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,430/month

11 Days on Market

Highlights

  • Straight Thru Architecture
  • Eat-In Kitchen
  • 3-minute walk to Penrose Playground

About This Home

As of December 2023

Investor's Dream Near Temple University Campus!

Welcome to this incredible investment opportunity located right at the doorstep of Temple University Campus, where you'll be surrounded by a burgeoning landscape of new construction. This duplex, in a prime location, presents an exciting chance for savvy investors and visionaries alike.

Property Highlights:

Ideal Location: Situated just steps away from Temple University Campus, this duplex is in the heart of an area with a growing demand for student housing and modern residences. The proximity to the university ensures a steady stream of potential tenants.

Endless Potential: This property is a blank canvas awaiting your creative touch. With a shell condition interior, you have the freedom to design and customize each unit to maximize its rental potential. Whether you're looking to add to your rental portfolio or undertake a profitable flip project, this is the opportunity you've been searching for.

Commercial-Grade Roof: A brand new commercial roof has been installed, ensuring the durability and longevity of the property. This essential upgrade not only provides peace of mind but also reduces ongoing maintenance costs.

Income Generation: The high-demand location, combined with the ability to create attractive living spaces, makes this duplex a potentially lucrative investment. Capitalize on the robust rental market in the area and generate a steady income stream.

Future Growth: The neighborhood is undergoing a transformation with new construction projects, making it an excellent time to invest and benefit from the area's appreciation potential.

Don't miss out on this outstanding opportunity to shape a profitable real estate investment right in the heart of Temple University's vibrant community. Schedule a viewing today and unlock the full potential of this duplex. Your vision, combined with this property's location and features, can turn this investment into a real success story.

Last Agent to Sell the Property

Vu Le

(267) 528-8960 vu.le@kw.com Keller Williams Real Estate Tri-County License #L2080812 Listed on: 11/02/2023

Keller Williams Real Estate Tri-County

Last Buyer's Agent

Melinda Adorno

(888) 260-0040 madorno.realtymark@gmail.com Realty Mark Cityscape-Huntingdon Valley License #RS362485

Realty Mark Cityscape-Huntingdon Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,980

Year Built

  • Built in 1938

Lot Details

  • 990 Sq Ft Lot
  • Lot Dimensions are 15.00 x 66.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Straight Thru Architecture
  • Stone Foundation

Interior Spaces

  • 1,530 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Utilities

  • Natural Gas Water Heater

Community Details

  • Temple University Subdivision

Listing and Financial Details

  • Tax Lot 232
  • Assessor Parcel Number 201099500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,980

Year Built

Built in 1938

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: 1938
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1530
  • Living Area Sq Ft: 1530
  • Price Per Sq Ft: 91.50
  • Above Grade Finished Sq Ft: 1530
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Mixed
  • 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: No
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.02
  • Lot Dimensions: 15.00 x 66.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 990.00
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1086.00
  • Tax Annual Amount: 1980.00
  • Assessor Parcel Number: 201099500
  • Tax Lot: 232
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2024
Sold by
Reynolds Carl
Bought by
3542 N 9Th St Llc
Current Estimated Value
$240,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,780
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 2, 2023
Closed on
Dec 8, 2023
Sold by
Santana Belfa
Bought by
Reynolds Carl
Seller's Agent
Vu Le
Keller Williams Real Estate Tri-County
Buyer's Agent
Melinda Adorno
Realty Mark Cityscape-Huntingdon Valley
List Price
$150,000
Sold Price
$132,500
Premium/Discount to List
-$17,500
-11.67%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.32%
Original Mortgage
$248,000
Interest Rate
7.03%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 23, 2013
Sold by
Robertson Steve
Bought by
Santana Belfa

Purchase Details

Closed on
Sep 12, 2005
Sold by
Bullock Sadie
Bought by
Robertson Steve
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
3542 N 9Th St Llc -- Interstate Abstract
Reynolds Carl $132,500 Interstate Abstract
Santana Belfa $30,000 None Available
Robertson Steve $35,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 3542 N 9Th St Llc $279,780
Previous Owner Reynolds Carl $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2023 12/11/23 Sold $132,500 -5.4% $87 / Sq Ft
11/13/2023 11/13/23 Pending -- -- --
11/06/2023 11/06/23 Price Changed $140,000 -6.7% $92 / Sq Ft
11/02/2023 11/02/23 For Sale $150,000 -- $98 / 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
2026 $1,981 $331,000 $66,200 $264,800
2025 $1,981 $331,000 $66,200 $264,800
2024 $1,981 $331,000 $66,200 $264,800
2023 $1,981 $141,500 $28,300 $113,200
2022 $1,085 $141,500 $28,300 $113,200
2021 $1,085 $0 $0 $0
2020 $1,085 $0 $0 $0
2019 $1,093 $0 $0 $0
2018 $803 $0 $0 $0
2017 $803 $0 $0 $0
2016 $803 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $57,400 $6,336 $51,064
2012 -- $1,888 $694 $1,194
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2293932

Bright MLS

APN: 201099500