NOT LISTED FOR SALE

Estimated Value: $298,000

5 Beds
2 Baths
2,422 Sq Ft
$123/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $80,000 $33 Per Sq Ft

Est. 272% increase in value since last sale

Current estimated payment $1,825/month

19 Days on Market

Highlights

  • 0.04 Acre Lot
  • 2-minute walk to Allegheny (Bss)
  • Eat-In Kitchen
  • Straight Thru Architecture
  • No HOA
  • Living Room

About This Home

As of December 2018

This HUGE 3 story building is an amazing opportunity for any landlord that wants to add a cash flow property to their portfolio. The location is great for a rental being just around the corner from Temple Hospital and just a block away from the Subway. The property needs a full rehab but has great bones, is already cleaned out, and sits as a blank canvas for the right person to do with it as they please. The zoning allows for multi-family and there are many other multi-family properties on this block. You must perform your own due diligence to make sure exactly what you will need to do to turn this property into your own personal cash cow. The property is currently set up as a single family with a secondary kitchen on the third floor so it could be turned into a 2 unit building with the potential for additional units. The property is priced to sell and easy to show.

Last Agent to Sell the Property

Ryan Gehris

USRealty.com LLP Listed on: 11/28/2018

Last Buyer's Agent

NON MEMBER

NONMEM

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,309

Year Built

  • Built in 1930

Lot Details

  • 1,721 Sq Ft Lot
  • Lot Dimensions are 19x90

Parking

  • On-Street Parking

Home Design

  • Straight Thru Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,422 Sq Ft Home
  • Property has 3 Levels
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry on lower level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Utilities

  • Heating System Uses Oil
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • Franklinville Subdivision

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 431025800

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,309

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1930
  • Remarks Public: This HUGE 3 story building is an amazing opportunity for any landlord that wants to add a cash flow property to their portfolio. The location is great for a rental being just around the corner from Temple Hospital and just a block away from the Subway. The property needs a full rehab but has great bones, is already cleaned out, and sits as a blank canvas for the right person to do with it as they please. The zoning allows for multi-family and there are many other multi-family properties on this block. You must perform your own due diligence to make sure exactly what you will need to do to turn this property into your own personal cash cow. The property is currently set up as a single family with a secondary kitchen on the third floor so it could be turned into a 2 unit building with the potential for additional units. The property is priced to sell and easy to show.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Lower Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2422
  • Living Area Sq Ft: 2422
  • Net Sq Ft: 2422.00
  • Price Per Sq Ft: 41.25
  • Above Grade Finished Sq Ft: 2422
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1236

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • 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: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Improvement Assessed Value: 74520.00
  • Land Assessed Value: 18980.00
  • Land Use Code: O50
  • Lot Size Acres: 0.04
  • Lot Dimensions: 19X90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1721.00
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1190329
  • Tax Annual Amount: 1309.00
  • Assessor Parcel Number: 431025800
  • Tax Lot: 31
  • Tax Year: 2018
  • Close Date: 12/28/2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2022
Sold by
Rental Experts Llc
Bought by
Burg 1236 W Allegheny Ave Llc
Current Estimated Value
$298,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.3%
Mortgage Type
Construction

Purchase Details

Closed on
May 24, 2022
Sold by
5546 Bloyd Street Acquisition Llc
Bought by
Rental Experts Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.3%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 28, 2018
Closed on
Dec 31, 2018
Sold by
Cifaldi Property Investments Llc
Bought by
Black Brick Llc
Seller's Agent
Ryan Gehris
USRealty.com LLP
Buyer's Agent
NON MEMBER
NONMEM
List Price
$99,900
Sold Price
$80,000
Premium/Discount to List
-$19,900
-19.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.17%
Original Mortgage
$186,425
Interest Rate
4.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Nov 28, 2018
Closed on
Nov 27, 2018
Sold by
Marrero Elena
Bought by
Cifaldi Property Investments Llc
Seller's Agent
Ryan Gehris
USRealty.com LLP
Buyer's Agent
NON MEMBER
NONMEM
List Price
$99,900
Sold Price
$80,000
Premium/Discount to List
-$19,900
-19.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,425
Interest Rate
4.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 3, 2007
Sold by
Vasquez Cecilia M and Marrero Juan
Bought by
Marrero Elena

Purchase Details

Closed on
Oct 2, 2006
Sold by
Velasquez Cecilia M
Bought by
Velasquez Cecilia M and Marrero Juan
Source: Public Records

Range of Values:

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Average Value
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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
Burg 1236 W Allegheny Ave Llc $140,000 None Listed On Document
Rental Experts Llc $19,498 None Listed On Document
Black Brick Llc $80,000 Quality Abstract Services
Cifaldi Property Investments Llc $50,000 Quality Abstract Svcs Inc
Marrero Elena -- None Available
Velasquez Cecilia M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burg 1236 W Allegheny Ave Llc $528,750
Closed Burg 1236 W Allegheny Ave Llc $350,000
Previous Owner Black Brick Llc $186,425
Previous Owner Cifaldi Property Investments Llc $122,045
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $80,000 -19.9% $33 / Sq Ft
12/17/2018 12/17/18 Pending -- -- --
11/28/2018 11/28/18 For Sale $99,900 -- $41 / 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 $2,464 $340,000 $68,000 $272,000
2024 $2,464 $340,000 $68,000 $272,000
2023 $2,464 $176,000 $35,200 $140,800
2022 $936 $176,000 $35,200 $140,800
2021 $936 $0 $0 $0
2020 $936 $0 $0 $0
2019 $1,225 $0 $0 $0
2018 $1,309 $0 $0 $0
2017 $1,309 $0 $0 $0
2016 $889 $0 $0 $0
2015 $851 $0 $0 $0
2014 -- $93,500 $6,195 $87,305
2012 -- $4,160 $1,664 $2,496
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH258640

Bright MLS

APN: 431025800