NOT LISTED FOR SALE

Estimated Value: $577,912 - $822,000

-- Bed
-- Bath
2,610 Sq Ft
$260/Sq Ft Est. Value

Last Sold December 10, 2015

Last sale price $422,000 $162 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,322/month

4 Days on Market

Highlights

  • No HOA
  • 3-minute walk to Ellsworth-Federal
  • 4-minute walk to Ridgway Park
  • En-Suite Primary Bedroom
  • Heating System Uses Gas

About This Home

As of December 2015

Great opportunity to own a triplex in an exciting location where Avenue of the Arts, Passyunk Square and the Italian Market meet! Vestibule entrance. The first floor unit is a 2 bedroom, 1 bath with wood flooring, many windows, rear yard and basement access for storage. The second floor is a 2 bedroom, 1 bath unit with wood flooring, good natural light and closet space. The third floor is a 2 bedroom, 1 bath with wide open living room and kitchen space, several windows throughout, and plenty of closet space. There is also a rear garage, currently rented for $90/month and expiring 3/31/16. Basement offers 3 gas hot water tanks, 3 gas hot water heaters and 4 electric meters (1 for each unit plus 1 for the common hall). Fantastic opportunity convenient to Center City, transportation and more!

Last Agent to Sell the Property

Michael McCann

KW Empower License #AB049770L Listed on: 10/30/2015

KW Empower

Last Buyer's Agent

Michael McCann

KW Empower License #AB049770L Listed on: 10/30/2015

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,948

Year Built

  • Built in 1916

Lot Details

  • 1,280 Sq Ft Lot
  • Lot Dimensions are 16x80

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,610 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 1 Parking Space
  • On-Street Parking

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 140
  • Assessor Parcel Number 021605100

Community Details

Overview

  • No Home Owners Association
  • Passyunk Square Subdivision

Building Details

  • Operating Expense $2,948

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,948

Year Built

Built in 1916

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: 1916
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2610
  • Living Area Sq Ft: 2610
  • Price Per Sq Ft: 162.84
  • Above Grade Finished Sq Ft: 2610
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1161

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
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • 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: U50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16X80
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1280.00
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Tax Annual Amount: 2948.00
  • Assessor Parcel Number: 021605100
  • Tax Lot: 140
  • Tax Year: 2015
  • Close Date: 12/10/2015

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2015
Closed on
Dec 10, 2015
Sold by
Laprade Michele P
Bought by
Sun Alan C
Seller's Agent
Michael McCann
KW Empower
Buyer's Agent
Michael McCann
KW Empower
List Price
$350,000
Sold Price
$422,000
Premium/Discount to List
$72,000
20.57%
Current Estimated Value
$679,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,637
Avg. Annual Appreciation
4.55%
Original Mortgage
$316,500
Outstanding Balance
$254,629
Interest Rate
3.99%
Mortgage Type
Commercial
Estimated Equity
$395,778

Purchase Details

Closed on
Jun 10, 1988
Bought by
Laprade Michele P
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
Sun Alan C $422,000 None Available
Laprade Michele P $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Alan C $316,500
Previous Owner Laprade Michele P $192,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2015 12/10/15 Sold $422,000 +20.6% $162 / Sq Ft
11/03/2015 11/03/15 Pending -- -- --
10/30/2015 10/30/15 For Sale $350,000 -- $134 / 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 $7,506 $591,100 $118,220 $472,880
2024 $7,506 $591,100 $118,220 $472,880
2023 $7,506 $536,200 $107,240 $428,960
2022 $7,773 $536,200 $107,240 $428,960
2021 $7,773 $0 $0 $0
2020 $7,773 $0 $0 $0
2019 $7,173 $0 $0 $0
2018 $3,080 $0 $0 $0
2017 $3,080 $0 $0 $0
2016 $21,496 $0 $0 $0
2015 $21,496 $0 $0 $0
2014 -- $220,000 $25,725 $194,275
2012 -- $14,400 $1,982 $12,418
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002728762

Bright MLS

APN: 021605100