See Home Value
$360,000
House - Off Market

8029 GILBERT ST

PHILADELPHIA, PA 19150
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1224 Sqft
$1,842
Estimated Monthly
$0
HOA / Fees

About This Property

Looking to add to your rental portfolio or generate passive income as a new investor. This turnkey money making communal living residency already has 2 tenants in place with income flowing and 2 vacancies available, which will fill easily in this highly desirable area of the city. This Property is fully renovated with all new flooring, cabinetry, recessed lighting, stainless steel appliances, updated bathrooms,  kitchen, and finished basement. There are currently 3 bedrooms and  2 full baths with tons of open space. The current owner will be putting an additional space for a combined total income of 3500 monthly. Easy access to public transit, double sided parking, schools, and shops your tenants will have everything they need within arms reach.
Unit Size
1,224Ft²
Days on Market
116 days
Land Size
0.12 acres
Price per sqft
$306
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
Last updated: 19 days ago (Bright MLS #PAPH2303662)

Price History

Date / Event Date Event Price
Apr 2, 2024 Sold $360,000
Sold
Feb 27, 2024 In contract -
In contract
Jan 3, 2024 Price Decreased $375,000
↓ $15K (3.9%)
Price Decreased
Dec 8, 2023 Listed by Keller Williams Philly $390,000
Listed by Keller Williams Philly
Looking to add to your rental portfolio or generate passive income as a new investor. This turnkey money making communal living residency already has 2 tenants in place with income flowing and 2 vacancies available, which will fill easily in this highly desirable area of the city. This Property is fully renovated with all new flooring, cabinetry, recessed lighting, stainless steel appliances, updated bathrooms, kitchen, and finished basement. There are currently 3 bedrooms and 2 full baths…
May 30, 2023 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,057
  • Lot Size Depth Feet: 980
  • Lot Size Frontage Feet: 520
  • Total Building Area: 1,224
  • Gross Building Area: 1,224
  • Building Area: 1,224
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,224
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODCREST
  • Land Acres: 0.116
  • Standard Land Use Code: Single family residential
  • State Land Use Code: Single family residential
  • Legal Description 1: NE COR GORGAS ST

Ownership

  • Current Owner : SHALOM PROPERTY MANAGEMENT GROUP LLC
  • Previous Owner : VALERY YAKOVICH
  • Owner Before Previous Owner: CARLTON ALLEN ROLAN
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 026100

Zoning

  • Zoning: RSA3

Geography

  • Assessors Map Reference: 146N140058
  • Account Number: 134400
  • District: WARD #50
  • Parcel: 50-2134400
  • Block: 146N1
  • Lot: 58
  • Municipality: PHILADELPHIA
  • Latitude: 40.0719
  • Longitude: -75.1708

    Address

  • Full Address: 8029 Gilbert St
  • Address - House Number: 8029
  • Address - Street Name: Gilbert
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C044
  • 4-Digit Zip Code: 2419
  • Zip Code: 19150

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,974
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.1219
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 86
  • Final Value: 423,608
  • High Value: 475,273
  • Low Value: 371,943

    Market Valuation

  • Market Total Value: $221,000
  • Market Land Value: $44,200
  • Market Improvement Value: $176,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $221,000
  • Assessed Land Value: $44,200
  • Assessed Improvements Value: $176,800

    Sales

  • Current Sale Contract Date: Aug 31, 2022
  • Current Sale Recording Date: Sep 06, 2022
  • Current Sale Transaction ID: 11895647158
  • Current Sale Price: $240,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 54093983
  • Previous Sale Recording Date: Jan 04, 2022
  • Previous Sale Contract Date: Oct 22, 2021
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMERCIAL LENDER LLC
  • First Mortgage Transaction Date: Sep 06, 2022
  • First Mortgage Loan Amount: $251,550
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Sep 01, 2023



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
1,392 ft²
$269/ft²
$375,000 Apr 14, 2022
$375,000 May 27, 2022
-
House
3 Beds
3 Baths
1,300 ft²
$269/ft²
$350,000 Mar 19, 2021
$350,000 Jun 1, 2021
-
House
3 Beds
3 Baths
1,485 ft²
$298/ft²
$442,900 Jul 19, 2022
$442,900 Sep 13, 2022
-
House
3 Beds
3 Baths
1,410 ft²
$220/ft²
$310,000 Oct 25, 2022
$310,000 Jun 15, 2023
-
House
3 Beds
4 Baths
1,534 ft²
$251/ft²
$385,000 May 16, 2023
$385,000 Jun 27, 2023
-
House
3 Beds
3 Baths
1,534 ft²
$233/ft²
$357,000 May 15, 2023
$357,000 Aug 9, 2023
-
House
3 Beds
3 Baths
1,178 ft²
$301/ft²
$354,900 Dec 21, 2023
-
-
House
3 Beds
4 Baths
1,332 ft²
$244/ft²
$325,000 Mar 21, 2024
-
-
House
3 Beds
2 Baths
1,312 ft²
$248/ft²
$325,000 Mar 21, 2024
-
-
House
3 Beds
4 Baths
1,452 ft²
$241/ft²
$350,000 Aug 26, 2023
-
-
House
3 Beds
3 Baths
1,474 ft²
$244/ft²
$360,000 Feb 20, 2024
-
-
House
3 Beds
4 Baths
1,490 ft²
$260/ft²
$388,000 Mar 1, 2024
-
-

About North Philadelphia


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Frequently Asked Questions

When was property at 8029 Gilbert Street built and last sold?
The property at 8029 Gilbert Street was built in 1950 and last sold on Aug 31, 2022 for $240,000.
How much is this home worth?
The estimated value of the home located at 8029 Gilbert Street is $385,447.
What are some comparable homes to 8029 Gilbert Street?
Homes that are comparable to 8029 Gilbert Street include a house property at 8334 Lynnewood Road, 1032 East Slocum Street, 1144 East Durham Street.

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