NOT LISTED FOR SALE

Estimated Value: $541,000 - $645,260

-- Bed
4 Baths
1,620 Sq Ft
$370/Sq Ft Est. Value

Last Sold October 30, 2013

Last sale price $290,000 $179 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $3,807/month

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • En-Suite Primary Bedroom
  • No HOA
  • Parking Storage or Cabinetry
  • Forced Air Heating and Cooling System

About This Home

As of October 2013

BRAND NEW, 4 unit complete gut & rehab in Point Breeze. (3) studio units and (1) one bedroom apartment plus garage. All brand new systems plumbing, electric & HVAC. Gross rents estimated to be $3400/mo including the garage at $200/mo. Each unit has Central Air, hardwood floors and it's own W/D. The top rear unit has a deck off of the kitchen. Brand new gastropub going in across the street, American Sardine Bar around the corner as well a new coffee shop. These units are all vacant which make showings a breeze. Very close to the Graduate Hospital and 1 mile from Rittenhouse Square. Owner is a PA licensed real estate agent.

Last Agent to Sell the Property

Mike Goldstein

(215) 600-1799 mike@hubkey.co HubKey Real Estate Listed on: 09/23/2013

Last Buyer's Agent

Mike Goldstein

(215) 600-1799 mike@hubkey.co HubKey Real Estate Listed on: 09/23/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $938

Year Built

  • Built in 2012

Lot Details

  • 1,080 Sq Ft Lot
  • Lot Dimensions are 18x60
  • Sprinkler System
  • Property is in good condition

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space
  • Parking Storage or Cabinetry
  • On-Street Parking
  • Rented or Permit Required

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,620 Sq Ft Home
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 442
  • Assessor Parcel Number 361210100

Community Details

Overview

  • No Home Owners Association
  • Point Breeze Subdivision

Building Details

  • Operating Expense $938

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$938

Year Built

Built in 2012

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Garage
  • Year Built: 2012
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Sprinkler System
  • Fireplace: No
  • Entry Location: Common
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1620
  • Living Area Sq Ft: 1620
  • Price Per Sq Ft: 228.40
  • Above Grade Finished Sq Ft: 1620
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 1
  • Parking Features: Street, Rented/Permit Required
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Electric, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.02
  • Lot Dimensions: 18X60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1080.00
  • Property Condition: Good
  • Zoning: R10A

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 40800.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Tax Annual Amount: 938.00
  • Assessor Parcel Number: 361210100
  • Tax Lot: 442
  • Tax Year: 2013

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2013
Closed on
Oct 30, 2013
Sold by
1249 S 21St Street Llc
Bought by
1249 South 21St Street Llc
Seller's Agent
Mike Goldstein
HubKey Real Estate
Buyer's Agent
Mike Goldstein
HubKey Real Estate
List Price
$395,000
Sold Price
$290,000
Premium/Discount to List
-$105,000
-26.58%
Current Estimated Value
$598,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,753
Avg. Annual Appreciation
6.22%

Purchase Details

Closed on
Mar 21, 2012
Sold by
Fade It Up Llc
Bought by
Point Breeze Ave Llc

Purchase Details

Closed on
Sep 11, 2009
Sold by
Booth Henry
Bought by
Fade It Up Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.28%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
1249 South 21St Street Llc $290,000 None Available
Point Breeze Ave Llc $90,000 None Available
Fade It Up Llc $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fade It Up Llc $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2013 10/30/13 Sold $290,000 -26.6% $179 / Sq Ft
10/20/2013 10/20/13 Pending -- -- --
09/23/2013 09/23/13 For Sale $395,000 -- $244 / 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 $8,080 $688,200 $137,640 $550,560
2024 $8,080 $688,200 $137,640 $550,560
2023 $8,080 $577,200 $115,440 $461,760
2022 $4,437 $577,200 $115,440 $461,760
2021 $4,437 $0 $0 $0
2020 $4,437 $0 $0 $0
2019 $2,870 $0 $0 $0
2018 $3,593 $0 $0 $0
2017 $2,277 $0 $0 $0
2016 $2,277 $0 $0 $0
2015 $2,180 $0 $0 $0
2014 -- $162,700 $13,324 $149,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003599792

Bright MLS

APN: 361210105