Seller's Agent in 2017
Kathy Gilmore
Keller Williams Realty Group
(267) 385-7248
1 in this area
28 Total Sales
103 Cotton St Philadelphia, PA 19127
Estimated Value: $412,909
1
Bed
2
Baths
810
Sq Ft
$510/Sq Ft
Est. Value
Highlights
- No HOA
- 4-minute walk to Manayunk
- Heating System Uses Gas
- En-Suite Primary Bedroom
- Central Air
- 1-minute walk to Manayunk Canal Path
About This Home
As of July 2017Get in on the ground floor with this bargain priced investment property just steps away from Main Street in Manayunk! This mixed-use duplex includes an office space that is commercially rented on the first floor and basement, as well as a multi-level 2nd & 3rd floor one bedroom apartment. What's so great about this Manayunk investment? #1 - it's literally less 50 steps from Main Street near the corner of Cotton and Main! Location, Location! #2 - it's fully rented with total monthly income of 2,075 per month, (24,900 annually) with tenants paying all utilities, except water. #3 it's updated - no major updating needed. #4 - the utilities are separated so tenants can pay their own utility expenses. #5 - Convenient monthly parking lot for residents at a reasonable 75/month just 1/2 block away. #6 - Taxes are are an unbelievable 904 per year - Wow! #7 - Cool interior design features such as exposed brick wall and exposed beam ceiling on 3rd floor #8 - Washer, dryer, refrigerator & microwave included in the upstairs apartment. #9 - central air #10 - Did we mention that it is steps from Main Street? A great property with presence in downtown Manayunk, but for at least 100,000 less than Main Street properties - perfect for a business owner, or someone who wants to live upstairs and rent out the lower level, or an investor looking for an investment in a hot area with great appreciation potential. Come see 103 Cotton today - and be in the heart of Manayunk Living!
Last Agent to Sell the Property
Keller Williams Realty Group License #RS284337 Listed on: 01/24/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $904
Year Built
- Built in 1918
Lot Details
- 270 Sq Ft Lot
- Lot Dimensions are 13x20
Parking
- Parking Lot
Home Design
- Duplex
- Stucco
Interior Spaces
- En-Suite Primary Bedroom
- 810 Sq Ft Home
- Partial Basement
- Laundry in unit
Utilities
- Central Air
- Heating System Uses Gas
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 257
- Assessor Parcel Number 871298930
Community Details
Overview
- No Home Owners Association
- Manayunk Subdivision
Building Details
- Electric Expense $50
- Insurance Expense $1,200
- Other Expense $676
- Operating Expense $3,130
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 24, 2017
Closed on
Jun 23, 2017
Sold by
4319 Sattion Street Lp
Bought by
Cerminara Anthony
Seller's Agent
Kathy Gilmore
Keller Williams Realty Group
Buyer's Agent
Remy Pizzichini
Compass RE
List Price
$249,900
Sold Price
$235,000
Premium/Discount to List
-$14,900
-5.96%
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
$177,909
Avg. Annual Appreciation
6.48%
Original Mortgage
$141,000
Outstanding Balance
$118,710
Interest Rate
3.94%
Mortgage Type
Commercial
Estimated Equity
$273,808
Purchase Details
Closed on
Dec 1, 2014
Sold by
Nemiroff Dan
Bought by
Holmes Sarah E
Purchase Details
Closed on
Dec 13, 2012
Sold by
Gorman James J and Gorman Patricia B
Bought by
4319 Station Street Lp
Purchase Details
Closed on
Apr 18, 1994
Bought by
Gorman James J and Gorman Patricia 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 |
|---|---|---|---|
| Cerminara Anthony | $235,000 | City Abstract Llc | |
| Holmes Sarah E | -- | None Available | |
| 4319 Station Street Lp | $230,000 | None Available | |
| Gorman James J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cerminara Anthony | $141,000 | |
| Previous Owner | Gorman James J | $175,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2017 07/12/17 | Sold | $235,000 | -6.0% | $290 / Sq Ft |
| 05/22/2017 05/22/17 | Price Changed | $249,900 | 0.0% | $309 / Sq Ft |
| 04/02/2017 04/02/17 | Pending | -- | -- | -- |
| 03/22/2017 03/22/17 | For Sale | $249,900 | 0.0% | $309 / Sq Ft |
| 02/02/2017 02/02/17 | Pending | -- | -- | -- |
| 01/24/2017 01/24/17 | For Sale | $249,900 | -- | $309 / 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 |
|---|---|---|---|---|
| 2025 | $1,226 | $84,800 | $16,960 | $67,840 |
| 2024 | $1,226 | $84,800 | $16,960 | $67,840 |
| 2023 | $1,226 | $87,600 | $17,520 | $70,080 |
| 2022 | $1,261 | $87,600 | $17,520 | $70,080 |
| 2021 | $1,261 | $0 | $0 | $0 |
| 2020 | $1,261 | $0 | $0 | $0 |
| 2019 | $1,250 | $0 | $0 | $0 |
| 2018 | $1,214 | $0 | $0 | $0 |
| 2017 | $904 | $0 | $0 | $0 |
| 2016 | $904 | $0 | $0 | $0 |
| 2015 | $866 | $0 | $0 | $0 |
| 2014 | -- | $64,600 | $7,500 | $57,100 |
Source: Public Records
Agents Affiliated with this Home
-
Kathy Gilmore
-
Remy Pizzichini
Buyer's Agent in 2017
Remy Pizzichini
Compass RE
(267) 216-4843
4 in this area
82 Total Sales
Map
Source: Bright MLS
MLS Number: 1003214775
APN: 871298930
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