Neighborhood
1141 S 8th St, Philadelphia, PA 19147
3 beds · 2 baths · 1,920 sq ft · Lot: 900 sq ft · Single Family Home · Last Sold: $443K in 2020 · Built: 1915
Est. Value:
$485K
Est. Rent:
$2.6K/month

1141 S 8th St Philadelphia, PA 19147

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3 beds · 2 baths · 1,920 sq ft · Lot Size: 900 sq ft · Single Family Home · Passyunk Square
Est. Property Value: $485,392

Valued above Market MedianOwned for 5 - 10 YearsOwner Age 55 - 65

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1141 S 8th St 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 1915 and is approximately 110 years old. The single family home spans 1920 sq ft with 3 bedrooms and 2 bathrooms and sits on a 900 sq ft lot. According to public records, it was last sold in 2020 for $442,500 and has a tax-assessed value of $496,300, which is $253 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 1141 S 8th St Philadelphia, PA 19147 with Property Intel by Whitepages.

Investment Potential for 1141 S 8th St

The property has a current estimated value of $485,392, which is 28% above the neighborhood median, based on public records. It last sold on February 18, 2020 for $443K. Projected long-term
is $31,800 annually ($2,650 per month) with a 88% occupancy rate.

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Long-Term

Gross Rental
$31,800 per year($2,650 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
88%in 19147 zip code
 
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Owners & Occupancy for 1141 S 8th St

This property is owned by Renata D Zednicek. Owner contact information includes 4 phone numbers and 5 email addresses.

Property Owners

OccupationPrincipal - Healthcare Practice Leader, Cosciamoos Architecture
Cell Phone(516) ***-****View Cell Phone
Residence****************
Landline(516) 922-4493
Distance from Property**********
Email Address**********@perkinseastman.comView Email
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Property Ownership Information

Purchase DateFebruary 18, 2020
Property Tax Amount$6,947 in 2024
Purchase Price$442,500

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************** age 61

Property Details for 1141 S 8th St

Property Details

Property Sq Ft

Living Area

1,920 sq ft

63% above market

Lot Size

900 sq ft

18% above market

Price Per Sq Ft

Living Area

$253 / sq ft

19% below market

Lot Size Area

$539 / sq ft

10% above market

Property condition, age, exterior, etc. for 1141 S 8th…
Longitude: -75.157039 Latitude: 39.934411 Parcel Number (APN): 02-1502300…
Mortgage originated on through lender: Guaranteed Rate Inc for$******View Mortgage Details
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Market Benchmarks

Compare data for 1141 S 8th St in Philadelphia County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$485,392
$246,893
$238,499 (97%)
$*******
$410,321
$669,072 (163%)
YoY Price Change
****%
2.5%
40%
Year Built
1915
1957
-42 years
Living Space
1,920 sq ft
1,451 sq ft
469 (32%)
$ Per Living Sq Ft
$253
$169
$84 (49%)
Lot Size
900 sq ft
8,712 sq ft
-7812 (-90%)
$ Per Lot Sq Ft
$539
$39
$501 (1289%)

Net Operating Income
$*****
$16,938
$137 (1%)
Annual Revenue
$31,800
$25,800
$6,000 (23%)
$*****
$8,369
$6,356 (76%)
Net Operating Income
$*****
$16,938
$137 (1%)
Cap Rate
****%
6.72%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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