NOT LISTED FOR SALE

Estimated Value: $779,000 - $1,063,000

-- Bed
3 Baths
2,466 Sq Ft
$373/Sq Ft Est. Value

Last Sold April 14, 2017

Last sale price $580,000 $235 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,707/month

2 Days on Market

Highlights

  • No HOA
  • 3-minute walk to Ellsworth-Federal
  • Heating System Uses Gas
  • En-Suite Primary Bedroom
  • Central Air
  • 4-minute walk to Columbus Square Park

About This Home

As of April 2017

This is a turn key triplex located in passyunk Sq that's been fantastically renovated. This prime location is convenient to the subway, bus, highways, shopping, and all of the new restaurants, bars, & coffee shops that continue to open in this thriving neighborhood. The first floor unit is a 2 bedroom bi level with private yard and rented for $1650 a month. The basement is finished living space. The 2nd floor is also a 2 bedroom getting $1400 a month with washer and dryer in the unit. The 3rd floor is a 2 bedroom with private deck and is rented for $1275. Each unit has its own washer and dryer and hvac. There are hard wired smoke detectors and intercoms throughout the building. This can be combined with 1244 Federal, 1040 Johnson, and 1113 Moyamensing for a package deal.

Last Agent to Sell the Property

Nigel Richards

Compass RE License #RS291337 Listed on: 01/25/2017

Compass RE

Co-Listed By

Eddie Tully

Coldwell Banker Realty License #RS277252

Last Buyer's Agent

Eileen Lin

Canaan Realty Investment Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,789

Lot Details

  • 1,419 Sq Ft Lot
  • Lot Dimensions are 16x88

Parking

  • On-Street Parking

Home Design

  • Triplex

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,466 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 102
  • Assessor Parcel Number 021273800

Community Details

Overview

  • No Home Owners Association
  • Philadelphia Subdivision

Building Details

  • Insurance Expense $1,299
  • Maintenance Expense $800
  • Other Expense $300
  • Operating Expense $5,304

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,789

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 300.00
  • Remarks Public: This is a turn key triplex located in passyunk Sq that's been fantastically renovated. This prime location is convenient to the subway, bus, highways, shopping, and all of the new restaurants, bars, & coffee shops that continue to open in this thriving neighborhood. The first floor unit is a 2 bedroom bi level with private yard and rented for $1650 a month. The basement is finished living space. The 2nd floor is also a 2 bedroom getting $1400 a month with washer and dryer in the unit. The 3rd floor is a 2 bedroom with private deck and is rented for $1275. Each unit has its own washer and dryer and hvac. There are hard wired smoke detectors and intercoms throughout the building. This can be combined with 1244 Federal, 1040 Johnson, and 1113 Moyamensing for a package deal.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Has Laundry
  • Total Sq Ft: 2466
  • Living Area Sq Ft: 2466
  • Price Per Sq Ft: 206.81
  • Above Grade Finished Sq Ft: 2466
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1246

Exterior Features

  • Other Structures: Above Grade
  • 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: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1116.00
  • 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: 67706.00
  • Land Assessed Value: 60094.00
  • Land Use Code: U50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16X88
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1419.00
  • Property Attached Yn: Yes
  • Zoning: CMX1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 51900.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 883851
  • Tax Annual Amount: 1789.00
  • Assessor Parcel Number: 021273800
  • Tax Lot: 102
  • Tax Year: 2017
  • Close Date: 04/14/2017

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2024
Sold by
Zheng Hong and Quan Xi
Bought by
Hua Xing Inc
Current Estimated Value
$921,000

Purchase Details

Listed on
Jan 25, 2017
Closed on
Apr 14, 2017
Sold by
Nicodemo Noel C
Bought by
Zheng Hong and Zheng Quan Xi
Seller's Agent
Nigel Richards
Compass RE
Buyer's Agent
Eileen Lin
Canaan Realty Investment Group
List Price
$510,000
Sold Price
$580,000
Premium/Discount to List
$70,000
13.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$464,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
May 24, 2014
Sold by
Nicodemo Anthony J and Nicodemo Noel C
Bought by
Nicodemo Noel C

Purchase Details

Closed on
Aug 9, 2006
Sold by
Nicodemo Anthony J and Nicodemo Anthony N
Bought by
Nicodemo Anthony J and Nicodemo Noel C

Purchase Details

Closed on
Jul 21, 2004
Sold by
Nicodemo Anthony
Bought by
Nicodemo Anthony J and Nicodemo Anthony N

Purchase Details

Closed on
Apr 21, 2003
Sold by
Oteri Peter J
Bought by
Nicodemo Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
5.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 27, 2000
Sold by
Oteri Joseph
Bought by
Oteri Jennie

Purchase Details

Closed on
Feb 26, 1997
Sold by
Oteri Jennie and Oteri Thomas R
Bought by
Oteri Jennie and Oteri Thomas R
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
Hua Xing Inc $1,310,000 None Listed On Document
Zheng Hong $580,000 None Available
Nicodemo Noel C -- None Available
Nicodemo Anthony J -- None Available
Nicodemo Anthony J -- --
Nicodemo Anthony $140,000 Fidelity Natl Title Ins Co O
Oteri Jennie -- --
Oteri Jennie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zheng Hong $464,000
Previous Owner Nicodemo Ann Marie $304,666
Previous Owner Nicodemo Anthony $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2017 04/14/17 Sold $580,000 +13.7% $235 / Sq Ft
03/24/2017 03/24/17 Price Changed $510,000 0.0% $207 / Sq Ft
01/27/2017 01/27/17 Pending -- -- --
01/25/2017 01/25/17 For Sale $510,000 0.0% $207 / Sq Ft
11/18/2016 11/18/16 Rented $1,650 0.0% --
11/15/2016 11/15/16 Under Contract -- -- --
10/19/2016 10/19/16 For Rent $1,650 0.0% --
01/01/2014 01/01/14 Rented $1,650 -5.7% --
01/01/2014 01/01/14 Under Contract -- -- --
10/04/2013 10/04/13 For Rent $1,750 +45.8% --
03/01/2013 03/01/13 Rented $1,200 -14.3% --
02/09/2013 02/09/13 Under Contract -- -- --
01/07/2013 01/07/13 For Rent $1,400 -20.0% --
11/20/2012 11/20/12 Rented $1,750 -2.8% --
11/20/2012 11/20/12 Under Contract -- -- --
10/15/2012 10/15/12 For Rent $1,800 -- --
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 $8,266 $700,000 $140,000 $560,000
2024 $8,266 $700,000 $140,000 $560,000
2023 $8,266 $590,500 $118,100 $472,400
2022 $7,853 $590,500 $118,100 $472,400
2021 $7,853 $0 $0 $0
2020 $11,189 $0 $0 $0
2019 $10,324 $0 $0 $0
2018 $1,789 $0 $0 $0
2017 $1,789 $0 $0 $0
2016 $1,789 $0 $0 $0
2015 $1,695 $0 $0 $0
2014 -- $256,100 $28,510 $227,590
2012 -- $13,632 $2,632 $11,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003215105

Bright MLS

APN: 021273800