Seller's Agent in 2018
Michael McCann
KW Empower
(215) 778-0901
7 in this area
1,644 Total Sales
101 W Tulpehocken St Philadelphia, PA 19144
Germantown NeighborhoodEstimated Value: $812,000 - $1,383,286
--
Bed
2
Baths
5,149
Sq Ft
$208/Sq Ft
Est. Value
Highlights
- 0.26 Acre Lot
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Gas
- No HOA
- En-Suite Primary Bedroom
About This Home
As of November 2018Opportunity Knocks!! This circa 1845, massive stone mansion with over 5100 Square feet was originally built for a prominent Philadelphian, and than meticulously converted into Nine apartments and two garages. The grounds boast sumptuous plantings, and the property sits on a huge 11,300 square foot lot. There are multiple porches, decks and outside areas. All apartments are rented, and there is an almost $82,000.00 gross yearly income. Currently, the owners pay all utilities, but this allows for a massive upside for a new owner. Heat is fed via a newer gas heater, and there is also an oil heater, whichever is less expensive to run. Currently, the expense are $20,584.00 per year, so this handsome abode provides a true 8 cap. Germantown is one of the oldest settlements with a relaxed, backyard feel that complements it's many historic attractions. In town is the Clarkson-Watson House, Trinity Lutheran Church (where America's first bible was printed) and Grumblethorp (the home of the Wister family, one of Germantown's first families, and a central site in the Battle of Germantown in the Revolutionary War)--all noted as historic on the National Register of Historic Buildings. Public transportation is extremely well-served in this area. LaSalle University and a multitude of shops are within a mile. Twenty minutes from Center City, where you are lucky to get a 5 cap, with a little bit of sweat equity and creativity, this building could easily net you a 12 percent recapture rate. Do not hesitate, inventory is LOW!!
Last Agent to Sell the Property
mccann@mccannteam.com KW Empower License #AB049770L Listed on: 03/05/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,448
Year Built
- Built in 1919
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 85x133
Home Design
- Stone Siding
Interior Spaces
- En-Suite Primary Bedroom
- 5,149 Sq Ft Home
- Unfinished Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Parking Spaces
- On-Street Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Gas
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 66
- Assessor Parcel Number 593074400
Community Details
Overview
- No Home Owners Association
- Germantown Subdivision
Building Details
- Electric Expense $2,530
- Insurance Expense $3,700
- Other Expense $5,900
- Operating Expense $20,467
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 5, 2018
Closed on
Nov 20, 2018
Sold by
Fink Theodore S and Fink Ruth B
Bought by
Rinter Street Equities Llc
Seller's Agent
Michael McCann
KW Empower
Buyer's Agent
Tony Marchese
Coldwell Banker Realty
List Price
$815,000
Sold Price
$799,000
Premium/Discount to List
-$16,000
-1.96%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,072
Avg. Annual Appreciation
4.31%
Original Mortgage
$877,500
Outstanding Balance
$770,067
Interest Rate
4.8%
Mortgage Type
Commercial
Estimated Equity
$302,005
Purchase Details
Closed on
Jan 13, 1977
Bought by
Fink Theodore Saul and Fink Ruth B
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rinter Street Equities Llc | $799,000 | Olde City Abstract Inc | |
| Fink Theodore Saul | $53,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rinter Street Equities Llc | $877,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/20/2018 11/20/18 | Sold | $799,000 | 0.0% | $155 / Sq Ft |
| 07/19/2018 07/19/18 | Pending | -- | -- | -- |
| 04/03/2018 04/03/18 | Price Changed | $799,000 | -2.0% | $155 / Sq Ft |
| 03/05/2018 03/05/18 | For Sale | $815,000 | -- | $158 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $8,778 | $737,100 | $147,420 | $589,680 |
| 2025 | $8,778 | $737,100 | $147,420 | $589,680 |
| 2024 | $8,778 | $737,100 | $147,420 | $589,680 |
| 2023 | $8,778 | $627,100 | $125,420 | $501,680 |
| 2022 | $7,595 | $627,100 | $125,420 | $501,680 |
| 2021 | $7,595 | $0 | $0 | $0 |
| 2020 | $7,595 | $0 | $0 | $0 |
| 2019 | $1,988 | $0 | $0 | $0 |
| 2018 | $5,448 | $0 | $0 | $0 |
| 2017 | $5,448 | $0 | $0 | $0 |
| 2016 | $5,448 | $0 | $0 | $0 |
| 2015 | $5,292 | $0 | $0 | $0 |
| 2014 | -- | $394,900 | $123,224 | $271,676 |
| 2012 | -- | $41,216 | $12,744 | $28,472 |
Source: Public Records
Agents Affiliated with this Home
-
Michael McCann
-
Stuart Cohen
Seller Co-Listing Agent in 2018
Stuart Cohen
KW Empower
(215) 275-0800
2 in this area
159 Total Sales
-
Tony Marchese
T
Buyer's Agent in 2018
Tony Marchese
Coldwell Banker Realty
(610) 574-1896
10 Total Sales
Map
Source: Bright MLS
MLS Number: 1000233768
APN: 593074400
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