NOT LISTED FOR SALE

Estimated Value: $727,213 - $791,000

-- Bed
3 Baths
2,136 Sq Ft
$352/Sq Ft Est. Value

Last Sold July 27, 2023

Last sale price $710,000 $332 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,790/month

12 Days on Market

Highlights

  • 0.04 Acre Lot
  • Forced Air Heating and Cooling System
  • 1-minute walk to Ridgway Park
  • Traditional Architecture

About This Home

As of July 2023

Here’s a rare find: A triplex on a street-to-street lot in a fantastic neighborhood that’s super rentable in its current configuration but also offers incredible potential to add even more value. If you leave it completely as it is, you’ve got a ready-to-go rental building with PARKING for two-plus cars that was fully renovated in 2013. There are three sunny one-bedroom units, all with central air, hardwood floors, ceramic baths, private outdoor space and in-unit laundry. The first floor is rented through December 2023 and has exclusive access to the basement for storage, a small outdoor space and direct entrance from the rear parking on Montrose St. The second-floor unit has a nice-sized front bedroom, good closet space and a balcony off the rear. The third floor has an enormous bedroom with skyline views in the front and a balcony off the kitchen/living area. With the enormous lot, there’s potential to expand the existing units and/or add more. (Did somebody say condo project?) The Bella Vista location offers plenty to do, see and eat in its own right, plus it’s equally convenient to the heart of Center City, Washington Ave and East Passyunk Ave.

Last Agent to Sell the Property

Holly Mack-Ward

(215) 866-0037 holly@weknowphilly.com Elfant Wissahickon-Rittenhouse Square Listed on: 05/24/2023

Elfant Wissahickon-Rittenhouse Square

Co-Listed By

Robin Mack-Ward

(267) 507-4365 robin@weknowphilly.com Elfant Wissahickon-Rittenhouse Square

Last Buyer's Agent

Danny Tran

(267) 230-4632 danny4aarch@yahoo.com Realty Mark Associates

Realty Mark Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,196

Year Built

  • Built in 1915

Lot Details

  • 1,600 Sq Ft Lot
  • Lot Dimensions are 16.00 x 100.00

Home Design

  • 2,136 Sq Ft Home
  • Triplex
  • Traditional Architecture
  • Masonry

Parking

  • 2 Parking Spaces
  • 2 Off-Street Spaces
  • On-Street Parking

Utilities

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

Listing and Financial Details

  • Tax Lot 6S22
  • Assessor Parcel Number 021020610

Community Details

Overview

  • 3 Units
  • Bella Vista Subdivision

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,196

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenant's personal property
  • New Construction: No
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Foundation Details: Other
  • Total Sq Ft: 2136
  • Living Area Sq Ft: 2136
  • Price Per Sq Ft: 351.12
  • Above Grade Finished Sq Ft: 2136
  • 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
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, On Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 16.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1600.00
  • Zoning: RSA5

Rental Info

  • Existing Lease Type: Yearly
  • Rent Control: No
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • School Tax: 5594.00
  • Tax Annual Amount: 10196.00
  • Assessor Parcel Number: 021020610
  • Tax Lot: 6S22
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2009
Sold by
Baye Richard
Bought by
Baye Richard
Current Estimated Value
$752,738

Purchase Details

Closed on
Jan 6, 1995
Sold by
Highsmith Winfred N
Bought by
Smothers David P
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
Baye Richard -- None Available
Smothers David P $35,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2023 07/27/23 Sold $710,000 -5.3% $332 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
05/24/2023 05/24/23 For Sale $750,000 -- $351 / 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 $10,196 $803,000 $160,600 $642,400
2024 $10,196 $803,000 $160,600 $642,400
2023 $10,196 $728,400 $145,680 $582,720
2022 $9,247 $728,400 $145,680 $582,720
2021 $9,247 $0 $0 $0
2020 $9,247 $0 $0 $0
2019 $8,533 $0 $0 $0
2018 $3,029 $0 $0 $0
2017 $3,029 $0 $0 $0
2016 $3,029 $0 $0 $0
2015 $21,144 $0 $0 $0
2014 -- $216,400 $38,741 $177,659
2012 -- $31,360 $10,240 $21,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2238962

Bright MLS

APN: 021020610