NOT LISTED FOR SALE

Estimated Value: $425,414

-- Bed
-- Bath
1,890 Sq Ft
$225/Sq Ft Est. Value

Last Sold January 24, 2019

Last sale price $384,500 $203 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,761/month

24 Days on Market

Highlights

  • Wood Flooring
  • 1-minute walk to Girard (Mfl)
  • Forced Air Heating and Cooling System
  • No HOA
  • En-Suite Primary Bedroom
  • 5-minute walk to Piazza Dog Park

About This Home

As of January 2019

Just listed on Girard Avenue in Olde Kensington: 3-story mixed use building in an unbeatable location! 123 W Girard Ave is within walking distance to neighboring Fishtown, Northern Liberties and Olde Kensington's best amenities. This property consists of a first floor commercial space, which is occupied by a long-standing tenant of over 10 years with a strong client base paying $1,550 gross, as well as an occupied bi-level residential 2 bedroom, 2.5 bathroom apartment above, paying $1,700 gross. Both leases have just been renewed for a 2-year term. 123 W Girard Ave is an excellent investment opportunity with endless potential. With a "WalkScore" of 97, this property is considered a Walker's Paradise! Putting you steps away from the MFL, Frankford Avenue's commercial corridor, a short walk to The Piazza, as well as NoLibs' 2nd Street corridor. Turn this property into your next investment!

Last Agent to Sell the Property

Tim Brogan

Coldwell Banker Realty Listed on: 11/28/2018

Coldwell Banker Realty

Last Buyer's Agent

Kristen Shemesh

BHHS Fox & Roach-Center City Walnut

BHHS Fox & Roach-Center City Walnut

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,574

Year Built

  • Built in 1919

Lot Details

  • 756 Sq Ft Lot
  • Lot Dimensions are 14x54

Home Design

  • Duplex
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,890 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Flooring

  • Wood
  • Laminate
  • Tile or Brick

Parking

  • Public Parking
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 79
  • Assessor Parcel Number 871524240

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Olde Kensington Subdivision

Building Details

  • Operating Expense $2,574

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,574

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1919
  • Remarks Public: Just listed on Girard Avenue in Olde Kensington: 3-story mixed use building in an unbeatable location! 123 W Girard Ave is within walking distance to neighboring Fishtown, Northern Liberties and Olde Kensington's best amenities. This property consists of a first floor commercial space, which is occupied by a long-standing tenant of over 10 years with a strong client base paying $1,550 gross, as well as an occupied bi-level residential 2 bedroom, 2.5 bathroom apartment above, paying $1,700 gross. Both leases have just been renewed for a 2-year term. 123 W Girard Ave is an excellent investment opportunity with endless potential. With a "WalkScore" of 97, this property is considered a Walker's Paradise! Putting you steps away from the MFL, Frankford Avenue's commercial corridor, a short walk to The Piazza, as well as NoLibs' 2nd Street corridor. Turn this property into your next investment!
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Tile/Brick, Laminated
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1890
  • Living Area Sq Ft: 1890
  • Price Per Sq Ft: 222.22
  • Above Grade Finished Sq Ft: 1890
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 123

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • 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: Public
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • 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

  • Improvement Assessed Value: 147120.00
  • Land Assessed Value: 36780.00
  • Land Use Code: S50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 14X54
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 756.00
  • Zoning: CMX2

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 984291
  • Tax Annual Amount: 2574.00
  • Assessor Parcel Number: 871524240
  • Tax Lot: 79
  • Tax Year: 2018
  • Close Date: 01/24/2019

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2018
Closed on
Jan 24, 2019
Sold by
Shreim Ramzy
Bought by
Quinn Michael J and Quinn Concetta R
Seller's Agent
Tim Brogan
Coldwell Banker Realty
Buyer's Agent
Kristen Shemesh
BHHS Fox & Roach-Center City Walnut
List Price
$420,000
Sold Price
$384,500
Premium/Discount to List
-$35,500
-8.45%
Total Days on Market
24
Current Estimated Value
$425,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,914
Avg. Annual Appreciation
6.40%

Purchase Details

Closed on
Apr 15, 2011
Sold by
Shreim Ahmad
Bought by
Shreim Ramzy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,500
Interest Rate
5.75%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Quinn Michael J $384,500 Brendan Abstract Co Inc
Shreim Ramzy $286,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shreim Ramzy $202,629
Previous Owner Shreim Ramzy $214,500
Previous Owner Shreim Ahmad $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2019 01/24/19 Sold $384,500 -8.5% $203 / Sq Ft
12/22/2018 12/22/18 Pending -- -- --
11/28/2018 11/28/18 For Sale $420,000 -- $222 / 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 $5,360 $322,300 $64,460 $257,840
2024 $5,360 $322,300 $64,460 $257,840
2023 $5,360 $382,900 $76,580 $306,320
2022 $2,676 $382,900 $76,580 $306,320
2021 $2,676 $0 $0 $0
2020 $2,676 $0 $0 $0
2019 $2,651 $0 $0 $0
2018 $2,574 $0 $0 $0
2017 $2,084 $0 $0 $0
2016 $1,995 $0 $0 $0
2015 $1,995 $0 $0 $0
2014 -- $148,900 $5,681 $143,219
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH258900

Bright MLS

APN: 871524240