NOT LISTED FOR SALE

Estimated Value: $932,000 - $1,194,640

-- Bed
7 Baths
3,986 Sq Ft
$274/Sq Ft Est. Value

Last Sold September 26, 2018

Last sale price $975,000 $245 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,588/month

Highlights

  • 0.05 Acre Lot
  • 2-minute walk to Ellsworth-Federal
  • Home Security System
  • Wood Flooring
  • No HOA
  • En-Suite Primary Bedroom

About This Home

As of September 2018

Completely updated five-unit, three-story "brownstone" in the heart of hot Newbold! Fully tenant occupied except the office which is available for rent. This property includes 2 1-bedroom units, 2 2-bedroom units, and an office unit. Each unit is private with separate utilities. The 2 1-bedroom, 1-bath units are each 700 sq ft & feature cherry hardwood flooring and recessed lighting throughout. Each unit has a gorgeous kitchen featuring updated cherry cabinets & full refrigerator. Oversized master bathrooms feature jacuzzi tubs and showers. Central air & washer/dryer hook-up in each unit. The 2 2-bedroom, 1-bath units are on the 2nd and 3rd floors and are each 1200 sq ft. Each unit features a MUST SEE 800 sq ft Trex private deck off the master BR. 3" natural pine hardwood floors and recessed lighting throughout. The kitchens features 42" cabinets, stove & full size refrigerator. Central air & washer/dryer hook-up in each unit. The office space is 1,000 sq ft. Features three office spaces, a waiting area, renovated kitchen & bathroom.

Last Agent to Sell the Property

Devorah Selber

(610) 212-2725 Devorah.Selber@foxroach.com BHHS Fox & Roach-Haverford License #183888 Listed on: 07/13/2018

BHHS Fox & Roach-Haverford

Last Buyer's Agent

Yuting Zheng

(267) 992-4778 vina.yuting@yahoo.com Tesla Realty Group, LLC

Tesla Realty Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,171

Year Built

  • Built in 1918

Lot Details

  • 2,280 Sq Ft Lot
  • Lot Dimensions are 19x120
  • Sprinkler System

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • En-Suite Primary Bedroom
  • 3,986 Sq Ft Home
  • Wood Flooring
  • Home Security System
  • Laundry in unit
  • Unfinished Basement

Eco-Friendly Details

  • Energy-Efficient Windows

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 236
  • Assessor Parcel Number 365002105

Community Details

Overview

  • No Home Owners Association
  • Avenue Of The Arts Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Maintenance Expense $3,297
  • Operating Expense $5,468

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,171

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Inclusions: All Appliances As Is In All Units
  • New Construction: No
  • Storage: Basement
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Sprinkler System, Store/Office
  • Window Features: Energy Efficient
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone, Concrete Perimeter
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Washer In Unit, Dryer In Unit, Common, Has Laundry
  • Total Sq Ft: 3986
  • Living Area Sq Ft: 3986
  • Price Per Sq Ft: 282.24
  • Above Grade Finished Sq Ft: 3986
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Stone
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat
  • 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: Yes
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Electric, Heat Pump - Electric Backup, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 19X120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2280.00
  • Zoning: CMX2

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 77100.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

Tax Info

  • Tax Annual Amount: 2171.00
  • Assessor Parcel Number: 365002105
  • Tax Lot: 236
  • Tax Year: 2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2018
Closed on
Aug 13, 2018
Sold by
Neeman Ziv and Neeman Yonit
Bought by
Broad Street 1218 Inc
Seller's Agent
Devorah Selber
BHHS Fox & Roach-Haverford
Buyer's Agent
Yuting Zheng
Tesla Realty Group, LLC
List Price
$1,125,000
Sold Price
$975,000
Premium/Discount to List
-$150,000
-13.33%
Current Estimated Value
$1,090,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,213
Avg. Annual Appreciation
1.58%
Original Mortgage
$731,000
Outstanding Balance
$633,521
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$456,692

Purchase Details

Listed on
Sep 19, 2013
Closed on
Jun 6, 2014
Sold by
Imperato Christopher and Imperato Christina
Bought by
Neeman Ziv and Neeman Yonit
Seller's Agent
RAYMOND SCARPATO
Mercury Real Estate Group
Buyer's Agent
MARK KALB
Tara Management Services Inc
List Price
$899,000
Sold Price
$870,000
Premium/Discount to List
-$29,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.69%
Original Mortgage
$696,000
Interest Rate
4.33%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 24, 2007
Sold by
Bassetti Mario
Bought by
Imperato Christopher and Imperato Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,826
Interest Rate
6.39%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 10, 2007
Sold by
Bassetti Mario and Estate Of Edmond F Bassetti
Bought by
Bassetti Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,826
Interest Rate
6.39%
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
Broad Street 1218 Inc $975,000 First City Abstract Agcy Inc
Neeman Ziv $870,000 None Available
Imperato Christopher $395,000 None Available
Bassetti Mario -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Broad Street 1218 Inc $731,000
Previous Owner Neeman Ziv $696,000
Previous Owner Imperato Christopher $322,826
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2018 09/26/18 Sold $975,000 -13.3% $245 / Sq Ft
07/31/2018 07/31/18 Pending -- -- --
07/13/2018 07/13/18 For Sale $1,125,000 +29.3% $282 / Sq Ft
06/10/2014 06/10/14 Sold $870,000 -3.2% $218 / Sq Ft View Prior Sale
01/23/2014 01/23/14 Pending -- -- --
09/19/2013 09/19/13 For Sale $899,000 -- $226 / 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
2026 $10,241 $1,120,000 $224,000 $896,000
2025 $10,241 $1,120,000 $224,000 $896,000
2024 $10,241 $1,120,000 $224,000 $896,000
2023 $10,241 $731,600 $146,300 $585,300
2022 $10,241 $731,600 $146,300 $585,300
2021 $10,241 $0 $0 $0
2020 $10,241 $0 $0 $0
2019 $9,519 $0 $0 $0
2018 $2,171 $0 $0 $0
2017 $5,038 $0 $0 $0
2016 $5,038 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $359,900 $57,000 $302,900
2012 -- $44,800 $8,960 $35,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002038926

Bright MLS

APN: 365002105