NOT LISTED FOR SALE

Estimated Value: $430,000 - $458,000

0.06 Acre
$7,379,400 Price per Acre
2,684 Sq Ft Lot

Last Sold May 04, 2023

Last sale price $450,000

Est. 1% decrease in value since last sale

Current estimated payment $2,615/month

156 Days on Market

Highlights

  • City View
  • Corner Lot
  • No HOA
  • 0.06 Acre Lot

About This Lot

As of May 2023

Shovel-ready multifamily development site in booming Brewerytown Opportunity Zone (QOZ) of Philadelphia, Pennsylvania. Plans and permits are in place to build a boutique 8-unit, 11K SF apartment building with commanding corner curb appeal and street presence overlooking historic Girard College — a Philadelphia icon. Enquire within for pro forma, permits and plans (PPP).

Last Agent to Sell the Property

Ryan McManus

Keller Williams Liberty Place Listed on: 10/25/2022

Last Buyer's Agent

Reda Akbil

Compass RE License #RS337002

Compass RE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,354

Lot Details

  • 2,684 Sq Ft Lot
  • Lot Dimensions are 46.00 x 88.00
  • Corner Lot
  • 2 Lots in the community
  • SALE INCLUDES 1309+1311
  • On-Hand Building Permits
  • Property is zoned RM1

Additional Features

  • City Views
  • Urban Location

Community Details

  • No Home Owners Association
  • Brewerytown Subdivision

Listing and Financial Details

  • Tax Lot 145
  • Assessor Parcel Number 291293700

Property Details

Property Type

Land

Est. Annual Taxes

$2,354

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Inclusions: PLANS, PERMITS, ENTITLEMENTS
  • Expected On Market: 2022-10-25
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Shovel-ready multifamily development site in booming Brewerytown Opportunity Zone (QOZ) of Philadelphia, Pennsylvania. Plans and permits are in place to build a boutique 8-unit, 11K SF apartment building with commanding corner curb appeal and street presence overlooking historic Girard College — a Philadelphia icon. Enquire within for pro forma, permits and plans (PPP).
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 195.60
  • Street Number Modifier: 1309-11

Exterior Features

  • Construction Completed: No
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: SALE INCLUDES 1309+1311
  • Improvement Assessed Value: 134600.00
  • Land Use Code: O50
  • Lot Count: 2
  • Lot Features: Corner
  • Lot Size Acres: 0.06
  • Lot Dimensions: 46.00 x 88.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2684.00
  • Possible Use: Apartment Building
  • Year Assessed: 2023
  • Zoning: RM1
  • Farmland Preservation: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1056829
  • School Tax: 1291.00
  • Tax Annual Amount: 2354.00
  • Assessor Parcel Number: 291293700
  • Tax Lot: 145
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 05/04/2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
May 4, 2023
Sold by
Sharswood Estates Llc
Bought by
Favo Homes Llc
Seller's Agent
Ryan McManus
Keller Williams Liberty Place
Buyer's Agent
Reda Akbil
Compass RE
List Price
$600,000
Sold Price
$450,000
Premium/Discount to List
-$150,000
-25%
Views
17
Current Estimated Value
$444,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,871
Avg. Annual Appreciation
-0.67%

Purchase Details

Closed on
Aug 3, 2022
Sold by
Sharswood Estates Llc
Bought by
Sharswood Estates Llc

Purchase Details

Closed on
Aug 8, 2019
Sold by
1309 11 North 22Nd Street Llc
Bought by
Sharswood Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 22, 2019
Sold by
Powell David
Bought by
1309 11 N 22Nd Street Associates Llc

Purchase Details

Closed on
Oct 22, 1980
Bought by
Bryant Millie and Powell David
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Favo Homes Llc $45,000 None Listed On Document
Sharswood Estates Llc -- None Listed On Document
Sharswood Estates Llc $290,000 None Available
1309 11 N 22Nd Street Associates Llc $80,000 Choice One Abstract Inc
Bryant Millie $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sharswood Estates Llc $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2023 05/04/23 Sold $450,000 -14.3% --
02/08/2023 02/08/23 Price Changed $525,000 -7.9% --
12/12/2022 12/12/22 Price Changed $570,000 -5.0% --
10/25/2022 10/25/22 For Sale $600,000 -- --
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 $2,354 $310,000 $62,000 $248,000
2024 $2,354 $310,000 $62,000 $248,000
2023 $2,354 $168,200 $33,600 $134,600
2022 $1,726 $168,200 $33,600 $134,600
2021 $1,726 $0 $0 $0
2020 $1,726 $0 $0 $0
2019 $876 $0 $0 $0
2018 $451 $0 $0 $0
2017 $451 $0 $0 $0
2016 $451 $0 $0 $0
2015 $494 $0 $0 $0
2014 -- $36,900 $13,663 $23,237
2012 -- $1,632 $654 $978
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2171328

Bright MLS

APN: 291293600