NOT LISTED FOR SALE

1203 S 16th St Philadelphia, PA 19146

Point Breeze Neighborhood

Estimated Value: $533,117 - $766,000

-- Bed
3 Baths
2,490 Sq Ft
$248/Sq Ft Est. Value

Last Sold September 16, 2014

Last sale price $245,000 $98 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $3,956/month

Highlights

  • Wood Flooring
  • 4-minute walk to Ellsworth-Federal
  • Heating Available
  • No HOA
  • En-Suite Primary Bedroom

About This Home

As of September 2014

Well maintained legal zoned triplex in the center of rising Newbold area. House was renovated after last purchase in 2009. Laminate floor in all units with hardwood floor underneath. Newer cabinets in all units. Electric heating board with temperature control switch in each room. Separate electric box in each unit. Walk out basement to the front of the street for access to all units. First floor: 2 bedroom, gas cooking stove, extra entrance to the street and access to backyard and basement. 2nd and 3rd floor: 3 bedroom and 1 bath.First and 2nd floor tenants just moved out. 3rd floor tenant has been there for a few years with special rent. However, the rent in the area for 2 bedroom unit can be around 895 - 1100. 3 bedroom unit can be around 1,500. Great income for owner occupant or investors. Also for sale is the residential lot 1205 S 16, 16x64 with annual real estate tax 193. Sales price 99,990. 3 story building on both sides of the lot. Newly built properties are sold for around 400k.

Last Agent to Sell the Property

Emily Qing Hui Wang

(267) 254-4405 eqhw2002@gmail.com Century 21 Advantage Gold-South Philadelphia License #RS288073 Listed on: 06/09/2014

Century 21 Advantage Gold-South Philadelphia

Last Buyer's Agent

Anthony Castaneda

(267) 974-4423 anthonycastaneda@kw.com Opus Elite Real Estate License #RS325527

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,244

Year Built

  • Built in 1915

Lot Details

  • 1,152 Sq Ft Lot
  • Lot Dimensions are 18x64
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,490 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Laminate
  • Vinyl

Utilities

  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 146
  • Assessor Parcel Number 365117601

Community Details

Overview

  • No Home Owners Association
  • Newbold Subdivision

Building Details

  • Operating Expense $1,244

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,244

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
  • Storage: Basement
  • Year Built: 1915
  • Remarks Public: Well maintained legal zoned triplex in the center of rising Newbold area. House was renovated after last purchase in 2009. Laminate floor in all units with hardwood floor underneath. Newer cabinets in all units. Electric heating board with temperature control switch in each room. Separate electric box in each unit. Walk out basement to the front of the street for access to all units. First floor: 2 bedroom, gas cooking stove, extra entrance to the street and access to backyard and basement. 2nd and 3rd floor: 3 bedroom and 1 bath.First and 2nd floor tenants just moved out. 3rd floor tenant has been there for a few years with special rent. However, the rent in the area for 2 bedroom unit can be around 895 - 1100. 3 bedroom unit can be around 1,500. Great income for owner occupant or investors. Also for sale is the residential lot 1205 S 16, 16x64 with annual real estate tax 193. Sales price 99,990. 3 story building on both sides of the lot. Newly built properties are sold for around 400k.
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Vinyl, Laminated
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Hookup
  • Total Sq Ft: 2490
  • Living Area Sq Ft: 2490
  • Price Per Sq Ft: 112.45
  • Above Grade Finished Sq Ft: 2490
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1203

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco, 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

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Electric
  • 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

  • Improvement Assessed Value: 76553.00
  • Land Assessed Value: 16247.00
  • Land Use Code: W50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 18X64
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1152.00
  • Property Condition: Good
  • Zoning: C1

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 7346727
  • Tax Annual Amount: 1244.00
  • Assessor Parcel Number: 365117601
  • Tax Lot: 146
  • Tax Year: 2014
  • Close Date: 09/16/2014

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2014
Closed on
Sep 12, 2014
Sold by
Trien An V
Bought by
Khoury Maron
Seller's Agent
Emily Qing Hui Wang
Century 21 Advantage Gold-South Philadelphia
Buyer's Agent
Anthony Castaneda
Opus Elite Real Estate
List Price
$299,990
Sold Price
$245,000
Premium/Discount to List
-$54,990
-18.33%
Current Estimated Value
$617,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,372
Avg. Annual Appreciation
8.68%
Original Mortgage
$183,750
Outstanding Balance
$60,601
Interest Rate
4.14%
Mortgage Type
Commercial
Estimated Equity
$556,771

Purchase Details

Closed on
Dec 31, 2008
Sold by
Scott William L and Nottage Marietta
Bought by
Trieu An V
Source: Public Records

Range of Values:

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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
Khoury Maron $245,000 None Available
Trieu An V $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khoury Maron $183,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2014 09/16/14 Sold $245,000 -18.3% $98 / Sq Ft
07/23/2014 07/23/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $299,990 -- $120 / 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 $8,196 $557,100 $111,420 $445,680
2024 $8,196 $557,100 $111,420 $445,680
2023 $8,196 $585,500 $117,100 $468,400
2022 $3,915 $585,500 $117,100 $468,400
2021 $3,915 $0 $0 $0
2020 $3,915 $0 $0 $0
2019 $3,639 $0 $0 $0
2018 $1,299 $0 $0 $0
2017 $1,299 $0 $0 $0
2016 $1,299 $0 $0 $0
2015 $1,244 $0 $0 $0
2014 -- $92,800 $16,247 $76,553
2012 -- $11,520 $2,304 $9,216
Source: Public Records

Agents Affiliated with this Home

  • Emily Qing Hui Wang

    Seller's Agent in 2014

    Emily Qing Hui Wang

    Century 21 Advantage Gold-South Philadelphia

    (267) 254-4405

    1 in this area

    109 Total Sales

    Emily Qing Hui Wang
    Section Image
  • Anthony Castaneda

    Buyer's Agent in 2014

    Anthony Castaneda

    Opus Elite Real Estate

    (267) 974-4423

    4 in this area

    64 Total Sales

    Anthony Castaneda
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002967846

Bright MLS

APN: 365117601

Pennsylvania Philadelphia County Philadelphia 19146 Point Breeze

1203 S 16th St, Philadelphia, PA

This home is located at 1203 S 16th St, Philadelphia, PA 19146 since 09 June 2014 and is currently estimated at $617,372, approximately $247 per square foot. This property was built in 1915. 1203 S 16th St is a home located in Philadelphia County with nearby schools including South Philadelphia High School, George W. Childs School, and Christopher Columbus CS.

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