NOT LISTED FOR SALE

Estimated Value: $637,000 - $891,000

-- Bed
-- Bath
3,000 Sq Ft
$254/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $865,000 $288 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $4,336/month

163 Days on Market

Highlights

  • Deck
  • 3-minute walk to Snyder
  • Patio
  • Straight Thru Architecture

About This Home

As of June 2023

Incredible opportunity to own a brand new triplex in booming Passyunk Square. This property is perfect
for an investor or for an owner occupant looking to offset their housing cost with rental income. Cash flow immediately with an abundant pool of high quality tenants and enjoy unlimited appreciation upside as this area continues to develop. This huge property was renovated down to the studs in 2022 and features stylish high end finishes, stainless steel appliances, in unit laundry, private outdoor spaces and large bedrooms with plentiful natural light. Full 10-year tax abatement! The first and second floor units are bi-level, 3 bedroom, 2 bathroom apartments with a current lease in Unit 2 at $2,400 per month and a projected monthly rent of the same for Unit 1. The third floor unit is a luxurious 2 bedroom, 1 bathroom apartment with a massive panoramic roof deck and a monthly projected rent of $2,200. There is a charming patio out back that is private to the second unit. No detail was spared in the charming hardwood floors, tile shower and kitchen backsplashes, glass shower doors, vibrant white cabinets, stainless steel appliances, sleek light fixtures, built-in closet shelving and sturdy black matte fixtures. Fantastically convenient location with quick access to the Broad St subway line to Center City, a quick walk to Passyunk Square's restaurants, coffee shops, shopping, and nightlife, and an easy trip to the Philly sports stadium complex! Easy access to Delaware Ave big box retail and major highways like I-95 and I-76. Some of Philly's best parks are right down the street such as Marconi Plaza and the sprawling FDR park system. Don’t miss your chance to own a great income property in Philadelphia! Schedule an appointment now!

Last Agent to Sell the Property

Michael Phillips

(609) 412-4826 michael.phillips@compass.com Compass RE License #RS327662 Listed on: 11/15/2022

Compass RE

Last Buyer's Agent

David Scialanca

(215) 582-0309 davidscialanca@yahoo.com Coldwell Banker Realty License #RS280284

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,142

Year Built

  • Built in 1925

Lot Details

  • 992 Sq Ft Lot
  • Lot Dimensions are 16.00 x 62.00

Parking

  • On-Street Parking

Home Design

  • 3,000 Sq Ft Home
  • Triplex
  • Straight Thru Architecture
  • Concrete Perimeter Foundation
  • Masonry

Outdoor Features

  • Deck
  • Patio

Additional Features

  • Basement

Listing and Financial Details

  • Tax Lot 371
  • Assessor Parcel Number 394271700

Community Details

Overview

  • 3 Units
  • Passyunk Square Subdivision

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,142

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2022-11-15
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 299.67
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet

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: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas, Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 293920.00
  • Land Assessed Value: 73480.00
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16.00 x 62.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 992.00
  • Outdoor Living Structures: Deck(s), Patio(s), Roof
  • Zoning: CMX1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1150475
  • School Tax: 2821.00
  • Tax Annual Amount: 5142.00
  • Assessor Parcel Number: 394271700
  • Tax Lot: 371
  • Tax Data Updated: No
  • Tax Year: 2023

Multi Family

  • Number Of Units Vacant: 2
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2022
Closed on
Jun 26, 2023
Sold by
Leszczynski Jason
Bought by
Stonefield Properties Llc
Seller's Agent
Michael Phillips
Compass RE
Buyer's Agent
David Scialanca
Coldwell Banker Realty
List Price
$899,000
Sold Price
$865,000
Premium/Discount to List
-$34,000
-3.78%
Views
22
Current Estimated Value
$761,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$103,538
Avg. Annual Appreciation
-5.19%
Original Mortgage
$605,500
Outstanding Balance
$589,427
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$172,035

Purchase Details

Listed on
Nov 15, 2022
Closed on
Jun 1, 2023
Sold by
Dsp3 Llc
Bought by
Leszczynski Jason
Seller's Agent
Michael Phillips
Compass RE
Buyer's Agent
David Scialanca
Coldwell Banker Realty
List Price
$899,000
Sold Price
$865,000
Premium/Discount to List
-$34,000
-3.78%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,500
Outstanding Balance
$589,427
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$172,035

Purchase Details

Listed on
Feb 19, 2020
Closed on
Oct 13, 2020
Sold by
Molino Santo and Estate Of Ida M Parisi
Bought by
Dsp3 Llc
Seller's Agent
Christina Briglia
KW Empower
Buyer's Agent
Mike Noworries
Equity MidAtlantic Real Estate
List Price
$299,900
Sold Price
$260,000
Premium/Discount to List
-$39,900
-13.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.40%

Purchase Details

Closed on
Jun 12, 2017
Sold by
Parisi Ida M and Estate Of Michelina Molino
Bought by
Molino Ida M and Parisi Ida M

Purchase Details

Closed on
Feb 9, 1977
Bought by
Molino Michael and Molino Michelina
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
Stonefield Properties Llc -- None Listed On Document
Leszczynski Jason $865,000 None Listed On Document
Dsp3 Llc $260,000 The Abstract Company
Molino Ida M -- None Available
Molino Michael $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leszczynski Jason $605,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2023 06/09/23 Sold $865,000 -3.8% $288 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
01/12/2023 01/12/23 Price Changed $899,000 0.0% $300 / Sq Ft
01/12/2023 01/12/23 For Sale $899,000 +3.9% $300 / Sq Ft
12/29/2022 12/29/22 Off Market $865,000 -- --
11/15/2022 11/15/22 For Sale $975,000 +275.0% $325 / Sq Ft
10/15/2020 10/15/20 Sold $260,000 -5.5% $125 / Sq Ft View Prior Sale
09/08/2020 09/08/20 Pending -- -- --
08/31/2020 08/31/20 Price Changed $275,000 -5.1% $132 / Sq Ft
07/06/2020 07/06/20 Price Changed $289,900 -3.3% $139 / Sq Ft
02/19/2020 02/19/20 For Sale $299,900 +46.3% $144 / Sq Ft
12/30/2017 12/30/17 Sold $205,000 -25.4% $98 / Sq Ft View Prior Sale
12/01/2017 12/01/17 Pending -- -- --
12/01/2017 12/01/17 For Sale $274,900 -- $132 / 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 $4,199 $654,900 $130,980 $523,920
2024 $4,199 $654,900 $130,980 $523,920
2023 $5,143 $760,000 $152,000 $608,000
2022 $5,143 $367,400 $73,480 $293,920
2021 $5,007 $0 $0 $0
2020 $5,007 $0 $0 $0
2019 $4,621 $0 $0 $0
2018 $3,772 $0 $0 $0
2017 $3,772 $0 $0 $0
2016 $3,772 $0 $0 $0
2015 $3,006 $0 $0 $0
2014 -- $224,300 $14,979 $209,321
2012 -- $11,264 $1,935 $9,329
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2178188

Bright MLS

APN: 394271700