NOT LISTED FOR SALE

115 S 22nd St Philadelphia, PA 19103

Center City West Neighborhood

Estimated Value: $687,442

-- Bed
-- Bath
1,788 Sq Ft
$384/Sq Ft Est. Value

Last Sold May 21, 2015

Last sale price $560,000 $313 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,566/month

28 Days on Market

Highlights

  • No HOA
  • 3-minute walk to 22Nd Street
  • Heating System Uses Gas
  • En-Suite Primary Bedroom

About This Home

As of May 2015

CMX4 Commercial Building on 22nd Street Between Chestnut and Walnut; Three Units, Two One-Bedroom Apartments on 2nd and 3rd Floor and One Commercial Unit on First Floor; All Rents Are Under Market Value, Great Potential to Collect More Rent. This Building is in Great Condition, Excellent Location and Has Huge Potentials. Listing Agent is one of the Owners. Note: Commercial Tenant Pays 1/3 Tax, 1/3 Insurance, 1/3 PGW.

Last Agent to Sell the Property

Alex Zhou

Elite Realty Listed on: 02/11/2015

Last Buyer's Agent

Richard Li

Liberty Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,032

Year Built

  • Built in 1915

Lot Details

  • 752 Sq Ft Lot
  • Lot Dimensions are 16x47

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,788 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 871514090

Community Details

Overview

  • No Home Owners Association
  • Rittenhouse Square Subdivision

Building Details

  • Insurance Expense $1,600
  • Operating Expense $8,932

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,032

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Remarks Public: CMX4 Commercial Building on 22nd Street Between Chestnut and Walnut; Three Units, Two One-Bedroom Apartments on 2nd and 3rd Floor and One Commercial Unit on First Floor; All Rents Are Under Market Value, Great Potential to Collect More Rent. This Building is in Great Condition, Excellent Location and Has Huge Potentials. Listing Agent is one of the Owners. Note: Commercial Tenant Pays 1/3 Tax, 1/3 Insurance, 1/3 PGW.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1788
  • Living Area Sq Ft: 1788
  • Price Per Sq Ft: 335.01
  • Above Grade Finished Sq Ft: 1788
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 115

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Annual Heating Expense: 1450.00
  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 850.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Land Use Code: Y50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16X47
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 752.00
  • Zoning: CMX4

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 46130.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Tax Annual Amount: 5032.00
  • Assessor Parcel Number: 871514090
  • Tax Lot: 24
  • Tax Year: 2015
  • Close Date: 05/21/2015

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2015
Closed on
May 21, 2015
Sold by
Zhou Hua and Lee Joomin
Bought by
Five Mountains Llc
Seller's Agent
Alex Zhou
Elite Realty
Buyer's Agent
Richard Li
Liberty Real Estate
List Price
$599,000
Sold Price
$560,000
Premium/Discount to List
-$39,000
-6.51%
Current Estimated Value
$687,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,442

Purchase Details

Closed on
Sep 4, 2008
Sold by
Lidz Howard and Lidz Carol
Bought by
Zhou Hua and Lee Joomin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.54%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Five Mountains Llc $560,000 None Available
Zhou Hua $300,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhou Hua $360,000
Previous Owner Zhou Hua $285,000
Previous Owner Zhou Hua $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2015 05/21/15 Sold $560,000 -6.5% $313 / Sq Ft
03/11/2015 03/11/15 Pending -- -- --
02/11/2015 02/11/15 For Sale $599,000 -- $335 / 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 $10,186 $570,600 $114,120 $456,480
2024 $10,186 $570,600 $114,120 $456,480
2023 $10,186 $727,700 $145,540 $582,160
2022 $10,186 $727,700 $145,540 $582,160
2021 $6,333 $0 $0 $0
2020 $6,333 $0 $0 $0
2019 $6,271 $0 $0 $0
2018 $6,089 $0 $0 $0
2017 $5,256 $0 $0 $0
2016 $5,256 $0 $0 $0
2015 $409 $0 $0 $0
2014 -- $375,500 $150,000 $225,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Alex Zhou

    Elite Realty

    (267) 304-3554

    Alex Zhou
    Section Image

  • R

    Buyer's Agent in 2015

    Richard Li

    Liberty Real Estate

    (267) 767-7612

    1 in this area

    76 Total Sales

    Richard Li
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002534628

Bright MLS

APN: 871514090

Pennsylvania Philadelphia County Philadelphia 19103 Center City West

115 S 22nd St, Philadelphia, PA

This home is located at 115 S 22nd St, Philadelphia, PA 19103 since 11 February 2015 and is currently estimated at $687,442, approximately $384 per square foot. This property was built in 1915. 115 S 22nd St is a home located in Philadelphia County with nearby schools including Albert M Greenfield School, Benjamin Franklin High School, and Russell Byers Charter School.

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