NOT LISTED FOR SALE

Estimated Value: $358,000 - $565,083

-- Bed
2 Baths
3,484 Sq Ft
$138/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $495,000 $142 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,829/month

Highlights

  • 0.14 Acre Lot
  • 4 Car Attached Garage
  • Radiator
  • Corner Lot

About This Home

As of July 2022

Welcome to 1036-38 Kerper st. Under one deed but 2 separate tax IDs. Lovely large multifamily corner (Quadplex) located in the Northeast section of Philadelphia. Great curb appeal with stone and brick exterior. All units are equipped with 2 bedrooms and 1 bathroom, currently tenant occupied on a month-to-month term. Great cash flow turn-key property with a side and rear entrance to the finished basement at 1038 Kerper and 2 car garage at 1036 Basement, with 2 car rear driveway for a total of 4 parking spaces. Investor alert as you could potentially have 6 units! There is a virtual tour for each unit. Amazing opportunity don't miss your chance!

Last Agent to Sell the Property

Juan Sosa

(267) 973-1003 juan@opuselitere.com Opus Elite Real Estate License #RS312812 Listed on: 06/21/2022

Opus Elite Real Estate

Last Buyer's Agent

Hongyan Li

(267) 538-9821 l.hongyan@hotmail.com Homelink Realty License #RSR002373

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,121

Year Built

  • Built in 1950

Lot Details

  • 6,311 Sq Ft Lot
  • Lot Dimensions are 57.00 x 111.00
  • Corner Lot
  • Property is in average condition

Parking

  • 4 Car Attached Garage
  • Rear-Facing Garage

Home Design

  • Quadruplex
  • AirLite
  • Stone Foundation
  • Masonry

Interior Spaces

  • 3,484 Sq Ft Home
  • Finished Basement
  • Garage Access

Utilities

  • Radiator
  • Electric Water Heater

Community Details

  • 4 Units
  • Philadelphia Subdivision

Listing and Financial Details

  • Tax Lot 123
  • Assessor Parcel Number 532085700,532085800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,121

Year Built

Built in 1950

Lot Details

0

Parking

4

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Airlite
  • Ownership: Fee Simple
  • Exclusions: Tenants personal belongings, and 1038 first floor stove.
  • Inclusions: Stove and Refrigerator of 1036 first floor, 1036 second floor, 1038 second floor. Refrigerator 1038 first floor.
  • New Construction: No
  • Expected On Market: 2022-06-21
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 1036-38 Kerper st. Under one deed but 2 separate tax IDs. Lovely large multifamily corner (Quadplex) located in the Northeast section of Philadelphia. Great curb appeal with stone and brick exterior. All units are equipped with 2 bedrooms and 1 bathroom, currently tenant occupied on a month-to-month term. Great cash flow turn-key property with a side and rear entrance to the finished basement at 1038 Kerper and 2 car garage at 1036 Basement, with 2 car rear driveway for a total of 4 parking spaces. Investor alert as you could potentially have 6 units! There is a virtual tour for each unit. Amazing opportunity don't miss your chance!
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Fully Finished, Garage Access, Unfinished
  • Total Sq Ft: 3484
  • Living Area Sq Ft: 3484
  • Price Per Sq Ft: 140.36
  • Above Grade Finished Sq Ft: 3484
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1036-38

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 274191.00
  • Land Assessed Value: 45955.00
  • Land Use Code: W30
  • Lot Features: Corner
  • Lot Size Acres: 0.14
  • Lot Dimensions: 57.00 x 111.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6311.00
  • Property Condition: Average
  • Year Assessed: 2022
  • Zoning: RSA3

Rental Info

  • Number Of Units Month To Month: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1265791
  • School Tax: 1407.00
  • Tax Annual Amount: 5121.00
  • Assessor Parcel Number: 532085700,532085800
  • Tax Lot: 123
  • Tax Total Finished Sq Ft: 1742
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 07/22/2022

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Jul 22, 2022
Sold by
Cano Angela M
Bought by
Lin Qiang and Wu Wenwen
Seller's Agent
Juan Sosa
Opus Elite Real Estate
Buyer's Agent
Hongyan Li
Homelink Realty
List Price
$489,000
Sold Price
$495,000
Premium/Discount to List
$6,000
1.23%
Current Estimated Value
$480,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,972
Avg. Annual Appreciation
-0.94%

Purchase Details

Closed on
Jun 1, 2017
Sold by
Amp Chica Rental Llc
Bought by
Cano Angela M

Purchase Details

Closed on
Dec 9, 2011
Sold by
Chica Giovanni and The Estate Of Arturo Chica
Bought by
Amp Chica Rental Llc

Purchase Details

Closed on
Nov 4, 2009
Sold by
Rozenfeld Morton
Bought by
Chica Arturo

Purchase Details

Closed on
Oct 3, 2005
Sold by
Rozenfeld Rose
Bought by
Rozenfeld Morton
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lin Qiang $495,000 None Listed On Document
Cano Angela M $240,000 None Available
Amp Chica Rental Llc $207,220 None Available
Chica Arturo $285,000 First American Title Ins Co
Rozenfeld Morton -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2022 07/22/22 Sold $495,000 +1.2% $142 / Sq Ft
06/22/2022 06/22/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $489,000 -- $140 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $3,726 $353,600 $70,720 $282,880
2024 $3,726 $353,600 $70,720 $282,880
2023 $3,726 $266,200 $53,240 $212,960
2022 $2,566 $266,200 $53,240 $212,960
2021 $2,566 $0 $0 $0
2020 $2,566 $0 $0 $0
2019 $2,462 $0 $0 $0
2018 $2,479 $0 $0 $0
2017 $2,479 $0 $0 $0
2016 $2,479 $0 $0 $0
2015 $2,373 $0 $0 $0
2014 -- $177,100 $51,246 $125,854
2012 -- $18,560 $2,942 $15,618
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2129296

Bright MLS

APN: 532085700