Neighborhood
1157 E Passyunk Ave, Philadelphia, PA 19147
3 beds · 2 baths · 1,632 sq ft · Lot: 992 sq ft · Single Family Home · Last Sold: $355K in 2020 · Built: 1925
Est. Value:
$313K
Est. Rent:
$2.8K/month

1157 E Passyunk Ave Philadelphia, PA 19147

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3 beds · 2 baths · 1,632 sq ft · Lot Size: 992 sq ft · Single Family Home · Passyunk Square
Est. Property Value: $312,866

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1157 E Passyunk Ave is in the Passyunk Square neighborhood of Philadelphia, PA. It is located in Philadelphia County and ZIP code 19147. This Single Family Home was built in 1925 and is approximately 100 years old. The single family home spans 1632 sq ft with 3 bedrooms and 2 bathrooms and sits on a 992 sq ft lot. According to public records, it was last sold in 2020 for $355,000 and has a tax-assessed value of $505,300, which is $192 per sq ft. The Passyunk Square area of Philadelphia has 1544 residential homes with an average size of 1180 sq ft. Analyze and compare real estate investment strategies for properties like this home at 1157 E Passyunk Ave Philadelphia, PA 19147 with Property Intel by Whitepages.

Investment Potential for 1157 E Passyunk Ave

The property has a current estimated value of $312,866, which is 18% below the neighborhood median, based on public records. It last sold on June 18, 2020 for $355K. Projected long-term
is $33,000 annually ($2,750 per month) with a 88% occupancy rate.

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Long-Term

Gross Rental
$33,000 per year($2,750 per month)
Net Operating Income
Cap Rate
Occupancy Rate
88%in 19147 zip code
 
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Owners & Occupancy for 1157 E Passyunk Ave

This property is owned by Laura Megan Quigley. Owner contact information includes 7 phone numbers and 6 email addresses.

Property Owners

Cell Phone(215) ***-****View Cell Phone
Residence***************
Landline(215) 699-3985
Distance from Property**********
Email Address******@gmail.comView Email

Property Ownership Information

Purchase DateJune 18, 2020
Property Tax Amount$7,073 in 2024
Purchase Price$355,000

Occupancy

Current Occupancy******View Occupancy

Property Details for 1157 E Passyunk Ave

Property Details

Property Sq Ft

Living Area

1,632 sq ft

38% above market

Lot Size

992 sq ft

30% above market

Price Per Sq Ft

Living Area

$192 / sq ft

39% below market

Lot Size Area

$315 / sq ft

36% below market

Property condition, age, exterior, etc. for 1157 E Pas…
Longitude: -75.157649 Latitude: 39.934456 Parcel Number (APN): 02-1488500…
Mortgage originated on through lender: Qnb Bk for$******View Mortgage Details
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Market Benchmarks

Compare data for 1157 E Passyunk Ave in Philadelphia County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$312,866
$246,893
$65,973 (27%)
$410,321
$285,416 (70%)
YoY Price Change
2.5%
-140%
Year Built
1925
1957
-32 years
Living Space
1,632 sq ft
1,451 sq ft
181 (12%)
$ Per Living Sq Ft
$192
$169
$23 (13%)
Lot Size
992 sq ft
8,712 sq ft
-7720 (-89%)
$ Per Lot Sq Ft
$315
$39
$277 (713%)

Net Operating Income
$16,938
$2,288 (14%)
Annual Revenue
$33,000
$25,800
$7,200 (28%)
$8,369
$5,405 (65%)
Net Operating Income
$16,938
$2,288 (14%)
Cap Rate
6.72%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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