$295,500
SOLD MAY 26, 2023
-- Bed
-- Bath
3,780 Sq Ft
2,002 Sq Ft Lot

Recently Sold

$78 Per Sq Ft

6% Above List Price

5 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • Ceiling Fan
  • More Than Two Accessible Exits

About This Home

As of May 2023

Presenting an opportunity to own a Victorian twin triplex in West Mt Airy! This legally zoned multi-family is setup as (2)- 2BR/1BA and (1)-1BR/1BA each with separate gas, electric, and heating systems for each unit. The first floor 2BR unit has it's own entry at the front of the building and was previously rented at $950/mo. The 2nd floor unit is a 2BR unit previously rented at $750/mo. The 3rd floor unit is a 1BR unit and was previously rented at $725/mo. The perfect renovation will allow this property to be rented at higher market values. This property is conveniently located within walking distance to neighborhood grocery stores and local dining - Young American Hard Cider, Doho Taqueria, Adelie Coffee House. Public transportation is available - Septa regional rails and bus lines.

Last Agent to Sell the Property

Terry Upshur

Compass RE License #0039041 Listed on: 05/02/2023

Compass RE

Last Buyer's Agent

Tenekia Brown

KW Empower License #RS363090

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,817

Year Built

  • Built in 1920

Lot Details

  • 2,002 Sq Ft Lot
  • Lot Dimensions are 20.00 x 100.00

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Stone Foundation
  • Masonry

Interior Spaces

  • 3,780 Sq Ft Home
  • Ceiling Fan

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 80
  • Assessor Parcel Number 223037400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,817

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Tenants personal items
  • Inclusions: Refrigerators, Ranges, Ceiling Fans, Carbon Monoxide & Smoke Detectors
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: Presenting an opportunity to own a Victorian twin triplex in West Mt Airy! This legally zoned multi-family is setup as (2)- 2BR/1BA and (1)-1BR/1BA each with separate gas, electric, and heating systems for each unit. The first floor 2BR unit has it's own entry at the front of the building and was previously rented at $950/mo. The 2nd floor unit is a 2BR unit previously rented at $750/mo. The 3rd floor unit is a 1BR unit and was previously rented at $725/mo. The perfect renovation will allow this property to be rented at higher market values. This property is conveniently located within walking distance to neighborhood grocery stores and local dining - Young American Hard Cider, Doho Taqueria, Adelie Coffee House. Public transportation is available - Septa regional rails and bus lines.
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Stone
  • Total Sq Ft: 3780
  • Living Area Sq Ft: 3780
  • Price Per Sq Ft: 74.07
  • Above Grade Finished Sq Ft: 3780
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 122

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
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 218160.00
  • Land Assessed Value: 54540.00
  • Land Use Code: N50
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2002.00
  • Year Assessed: 2023
  • Zoning: RSA3

Rental Info

  • Owner Pays: Water
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1016358
  • School Tax: 2094.00
  • Tax Annual Amount: 3817.00
  • Assessor Parcel Number: 223037400
  • Tax Lot: 80
  • Tax Total Finished Sq Ft: 3780
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/26/2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2023
Closed on
May 25, 2023
Sold by
Franklin Marcel C
Bought by
Birhane Yemane Lemlem
Seller's Agent
Terry Upshur
Compass RE
Buyer's Agent
Tenekia Brown
KW Empower
List Price
$280,000
Sold Price
$295,500
Premium/Discount to List
$15,500
5.54%
Views
59
Current Estimated Value
$335,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,714
Avg. Annual Appreciation
6.01%

Purchase Details

Closed on
May 17, 2006
Sold by
Faison Martha
Bought by
Franklin Marcel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
9.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 11, 2000
Sold by
Lou Jack Inc
Bought by
Faison Martha
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $295,500 None Listed On Document
Interfamily Deed Transfer $200,000 None Available
Quit Claim Deed $38,362 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $180,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $295,500 +5.5% $78 / Sq Ft
05/07/2023 05/07/23 Pending -- -- --
05/02/2023 05/02/23 For Sale $280,000 -- $74 / 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 $3,817 $382,400 $76,480 $305,920
2024 $3,817 $382,400 $76,480 $305,920
2023 $3,817 $272,700 $54,540 $218,160
2022 $3,560 $272,700 $54,540 $218,160
2021 $3,560 $0 $0 $0
2020 $3,560 $0 $0 $0
2019 $3,512 $0 $0 $0
2018 $3,178 $0 $0 $0
2017 $3,178 $0 $0 $0
2016 $3,178 $0 $0 $0
2015 $3,042 $0 $0 $0
2014 -- $227,000 $42,619 $184,381
2012 -- $24,000 $6,000 $18,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2230998

Bright MLS

APN: 223037400