NOT LISTED FOR SALE

1241 N 28th St Philadelphia, PA 19121

Brewerytown Neighborhood

Estimated Value: $357,000 - $462,036

-- Bed
2 Baths
1,680 Sq Ft
$236/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $161,500 $96 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $2,293/month

Highlights

  • Wood Flooring
  • En-Suite Primary Bedroom
  • 5-minute walk to Athletic Square Park
  • No HOA
  • Forced Air Heating System

About This Home

As of October 2016

Attention Investors!!! Her an opportunity to own a Multi-Unit building in the quickly developing Brewerytown Community. This building is just >1 block north of the thriving Girard Ave Business District. This is a Large 3-story property featuring a ground level Commercial space (Raw) and a two additional Apts occupying the 2nd & 3rd Floors. The Commercial space contains a large open room with an area roughed in for a bathroom, two additional rooms, access to the systems (meters & water tanks, etc), and the basement. This space could potential be occupied by an office, business, or even converted to an additional Apt. Using a 2nd entrance you access the staircase for the 2 upper level Units. The 2nd Fl houses a 2BR 1BA unit (occupied). The 3rd Fl has 1BR 1BA unit (vacant). Conventional or CASH transactions Preferred. Property is currently tenant occupied at $600 on a month to month lease. ONLY 30 days notice required for vacancy. All appts begin 8/5. Any inquires prior to that date should be forwarded to Listing Agent.

Last Agent to Sell the Property

Chris Lane

(215) 681-5520 clanesellshomes@gmail.com Peters Gordon Realty Inc Listed on: 08/02/2016

Last Buyer's Agent

David Snyder

(215) 607-6007 david@centercitylistings.com KW Empower License #RS223144L

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,152

Year Built

  • Built in 1925

Lot Details

  • 902 Sq Ft Lot
  • Lot Dimensions are 17x37
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,680 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 446
  • Assessor Parcel Number 292090320

Community Details

Overview

  • No Home Owners Association
  • Philadelphia Subdivision

Building Details

  • Operating Expense $1,152

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,152

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Fireplace: No
  • Entry Location: Private
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Washer In Unit
  • Total Sq Ft: 1680
  • Living Area Sq Ft: 1680
  • Price Per Sq Ft: 107.08
  • Above Grade Finished Sq Ft: 1680
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Brick
  • Construction Completed: No
  • 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: No
  • Electric Service: 100 Amp Service
  • 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

Lot Info

  • Improvement Assessed Value: 77942.00
  • Land Assessed Value: 4358.00
  • Lot Size Acres: 0.02
  • Lot Dimensions: 17X37
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 902.00
  • Property Condition: Good
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 7200.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1057943
  • Tax Annual Amount: 1152.00
  • Assessor Parcel Number: 292090320
  • Tax Lot: 446
  • Tax Year: 2016

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2023
Sold by
Akkeh Rami
Bought by
1241 N 28Th St Llc
Current Estimated Value
$409,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$290,872
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$105,140

Purchase Details

Listed on
Aug 2, 2016
Closed on
Oct 21, 2016
Sold by
Vance Ronda and Mitchel Jaron E
Bought by
Akkeh Rami
Seller's Agent
Chris Lane
Peters Gordon Realty Inc
Buyer's Agent
David Snyder
KW Empower
List Price
$179,900
Sold Price
$161,500
Premium/Discount to List
-$18,400
-10.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.46%
Original Mortgage
$269,920
Interest Rate
3.75%
Mortgage Type
FHA
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
1241 N 28Th St Llc $400,000 --
Akkeh Rami $161,500 Great Americam Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1241 N 28Th St Llc $300,000
Previous Owner Akkeh Rami $269,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2016 10/28/16 Sold $161,500 -10.2% $96 / Sq Ft
08/13/2016 08/13/16 Pending -- -- --
08/02/2016 08/02/16 For Sale $179,900 -- $107 / 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 $1,646 $320,400 $64,080 $256,320
2025 $1,646 $320,400 $64,080 $256,320
2024 $1,646 $320,400 $64,080 $256,320
2023 $1,646 $117,600 $23,500 $94,100
2022 $2,338 $117,600 $23,500 $94,100
2021 $2,338 $0 $0 $0
2020 $2,338 $0 $0 $0
2019 $2,261 $0 $0 $0
2018 $1,152 $0 $0 $0
2017 $1,152 $0 $0 $0
2016 $1,152 $0 $0 $0
2015 $823 $0 $0 $0
2014 -- $61,400 $4,358 $57,042
2012 -- $7,744 $3,456 $4,288
Source: Public Records

Agents Affiliated with this Home

  • Chris Lane

    Seller's Agent in 2016

    Chris Lane

    Peters Gordon Realty Inc

    (215) 681-5520

    5 in this area

    36 Total Sales

    Chris Lane
    Section Image
  • David Snyder

    Buyer's Agent in 2016

    David Snyder

    KW Empower

    (215) 607-6007

    7 in this area

    857 Total Sales

    David Snyder
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002464976

Bright MLS

APN: 292090320

Pennsylvania Philadelphia County Philadelphia 19121 Brewerytown

1241 N 28th St, Philadelphia, PA

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