3 months on rocket

1431 W Somerset St, Philadelphia, PA, 19132

$125,000

Home List Price

$1,484*

Closing Credit

3 Bedrooms
1 Full Bath
1,488 SqFt
$84/SqFt
House

Location

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1431 W Somerset St, Philadelphia$125,000

Buyer Closing Credits

$1,484*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOn Street
Year Built1925
HeatingOther
CoolingCeiling Fan(s), Window Unit(s)
BasementYes
MLS #PAPH2382778
Lot Size0.02 Acres
StatusActive
(ACTIVE)

About 1431 W Somerset St

Welcome to 1431 W Somerset Street, a versatile townhome located in the heart of North Philadelphia. Currently tenant-occupied and operating as an informal transitional home, this property is an excellent investment opportunity with a steady rent roll of $2,600 per month. The home is uniquely configured with two separate units on the first floor and two additional units on the second floor, equipped with a bathroom and kitchenette. The owner covers utilities, providing a seamless experience for tenants and ensuring consistent occupancy. Whether you're looking to expand your portfolio or explore new investment strategies, 1431 W Somerset Street offers a promising return and endless potential. Don't miss this chance to invest in a property with immediate income and future possibilities!

Property Details

Property Features

Property Information:

  • Architectural Style: Straight Thru
  • Year Built: 1925
  • Stories: 2
  • Living Area: 1,488 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (215) 923-7600
  • Listing Agent: Tim Brogan

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Ceiling Fan(s), Window Unit(s)

Other

Directions Information:

  • Directions: From N Broad Street, turn onto W Somerset and property is on the right hand side

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $125,000
  • Price Per SqFt: $84/SqFt

Tax Information:

  • Annual Amount: $533
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$261.8K

Med. Price/SqFt

$199

Avg. Days On Market

44

# of Sold Homes

1056

1431 W Somerset St vs Philadelphia

111 DAYS ON ROCKET

+67 Days

$125,000

-$136.8K Less

$84/SqFt

-$115 Less

KEY TAKEAWAY

This property is $136.8K less than the Median Sold Price and $115/SqFt less than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2382778

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (215) 923-7600
  • Listing Agent: Tim Brogan

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 9:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 30, 2013Home Sold
$19,250

Tax History

YEARPROP. TAXASSESSMENT
2020$533 -
2019$310$22,200
2018$199$14,200
2017$199$14,200

History based on county public records data.

Payment Calculator

$691

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1230206
3
/10

  • Mastery Charter School at Clymer

  • 1201 W Rush St

  • 0.24 miles

  • Public Charter Grades KG-6

school-card-donut-1230207
2
/10

  • Kipp North Philadelphia Charter School

  • 2539 N 16th St

  • 0.30 miles

  • Public Charter Grades KG-6

school-card-donut-1230208
1
/10

  • Thomas May Peirce Elementary School

  • 2300 W Cambria St

  • 0.72 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,429. Typical income of Philadelphia, PA residents is less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1431 W Somerset St

What is the listing price of this property?

The listing price of 1431 W Somerset St property is $125,000.

What type of property is this?

The property 1431 W Somerset St is a house located in Philadelphia, Pennsylvania, 19132.

Is this property for sale now?

Active Listing: 1431 W Somerset St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $533 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 30, 2013 for $19,250. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1431 W Somerset St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1431 W Somerset St is 1,488 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1431 W Somerset St is 1925.

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19132›1431 W Somerset St

This home is located at 1431 W Somerset St in Philadelphia, PA and zip code 19132 in the Glenwood neighborhood. This 1,488 square foot home, which was built in 1925, sits on a 0.02 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 05, 2024 and is currently priced at $125,000.

While more than 252 listings in Philadelphia, PA in October 2024 were sold above asking price, there were more than 237 listings sold at asking price, and more than 567 were sold below. The number of listings in Philadelphia, PA increased by 9.8% between September 2024 and October 2024. Listings spent 44 days on the market in October 2024, and had a median list price of $261,807 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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