NOT LISTED FOR SALE

Estimated Value: $29,000 - $46,000

0.05 Acre
$750,000 Price per Acre
2,033 Sq Ft Lot

Last Sold June 28, 2024

Last sale price $23,333

Est. 61% increase in value since last sale

Current estimated payment $216/month

13 Days on Market

About This Lot

As of June 2024

Explore the potential of these three adjoining vacant lots nestled in the vibrant community of Olney, Philadelphia. Positioned strategically at 105, 107, and 109 W Clarkson St, this unique investment opportunity offers flexibility in use and development. Currently utilized for storage, these lots house unused items within that are negotiable, providing the new owner with the option to acquire the property as-is or completely vacant. These lots boast a prime location with proximity to local amenities, public transportation, and major thoroughfares. The current use as storage enhances their appeal, making them ideal for a range of purposes. For investors and developers, the lots present a blank canvas with development potential, whether for residential, commercial, or a mixed-use project. The flexible zoning adds to the allure, and with negotiable items on the table, this offering is tailored to accommodate various preferences. Check with local authorities regarding zoning regulations and potential land use. This is a significant opportunity to make an impact in Olney's real estate landscape.

Last Agent to Sell the Property

Mia Boyce

(267) 407-7329 info@harvestahome.com EXP Realty, LLC License #2321909 Listed on: 12/15/2023

EXP Realty, LLC

Last Buyer's Agent

Mia Boyce

(267) 407-7329 info@harvestahome.com EXP Realty, LLC License #2321909 Listed on: 12/15/2023

EXP Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $236

Lot Details

  • 2,033 Sq Ft Lot
  • Lot Dimensions are 19.00 x 107.00
  • Property is zoned RSA3

Community Details

  • No Home Owners Association
  • Olney Subdivision

Listing and Financial Details

  • Tax Lot 185
  • Assessor Parcel Number 422297600

Property Details

Property Type

Land

Est. Annual Taxes

$236

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Storage Yard
  • Expected On Market: 2023-12-15
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 12.30

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.05
  • Lot Dimensions: 19.00 x 107.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2033.00
  • Zoning: RSA3
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 129.00
  • Tax Annual Amount: 236.00
  • Assessor Parcel Number: 422297600
  • Tax Lot: 185
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2023
Closed on
Jul 12, 2024
Sold by
Ferreira Jose G
Bought by
Magni Investments Inc
Seller's Agent
Mia Boyce
EXP Realty, LLC
Buyer's Agent
Mia Boyce
EXP Realty, LLC
List Price
$25,000
Sold Price
$23,333
Premium/Discount to List
-$1,667
-6.67%
Views
23
Current Estimated Value
$37,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,167
Avg. Annual Appreciation
42.87%
Original Mortgage
$70,000
Outstanding Balance
$69,170
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
-$31,670

Purchase Details

Closed on
Oct 22, 2013
Sold by
Dispoto Realty Llc
Bought by
Levy Manny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2002
Sold by
Coello Manuel
Bought by
Sussman Bruce and Saffian Robert D
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Magni Investments Inc $70,000 Eagles Abstract
Levy Manny $325,000 None Available
Sussman Bruce $30,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magni Investments Inc $70,000
Previous Owner Levy Manny $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2024 06/28/24 Sold $23,333 -6.7% --
12/29/2023 12/29/23 Pending -- -- --
12/15/2023 12/15/23 For Sale $25,000 -- --
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 $237 $17,000 $17,000 --
2024 $237 $17,000 $17,000 --
2023 $237 $16,900 $16,900 $0
2022 $237 $16,900 $16,900 $0
2021 $237 $0 $0 $0
2020 $237 $0 $0 $0
2019 $237 $0 $0 $0
2018 $237 $0 $0 $0
2017 $237 $0 $0 $0
2016 $185 $0 $0 $0
2015 $132 $0 $0 $0
2014 -- $13,200 $13,200 $0
2012 -- $1,312 $1,312 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2304166

Bright MLS

APN: 422297600