NOT LISTED FOR SALE

1311 Medary Ave Philadelphia, PA 19141

East Oak Lane Neighborhood
-- Bed
-- Bath
6,800 Sq Ft
5,390 Sq Ft Lot

Last Sold July 07, 2020

Last sale price $690,000 $101 Per Sq Ft

152 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of July 2020

Huge Price Reduction...LOOKING TO INVEST YOUR MONEY IN AN OPPORTUNITY ZONE? Here is a well maintained, stand alone, separately metered, fully occupied 7 unit apt bldg in the beautiful East Oak Ln section of Phila that happens to fall in an opportunity zone. This building was renovated about 10 years ago, but all hot water heaters except for one are about 6 months to a year old. All units are spacious with high ceilings, central air, ceiling fans, and huge bathrooms. Kitchens are fully loaded with plenty of cabinetry, ceramic tile, granite countertops, and clean stainless steel appliances with breakfast bars in most apts. There is also a coin operated laundry site along with storage units for each apt in the basement. It is steps away from Community College, NW division, 5 miles away from Temple and Lasalle Universities, and convenient transportation and shopping. What an opportunity!

Last Agent to Sell the Property

Cherise Wynne

Compass RE Listed on: 09/17/2019

Compass RE

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,236

Year Built

  • Built in 1925

Lot Details

  • 5,390 Sq Ft Lot
  • Lot Dimensions are 55.00 x 98.00

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Masonry

Interior Spaces

  • 6,800 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • 4 Units
  • East Oak Lane Subdivision

Listing and Financial Details

  • Tax Lot 142
  • Assessor Parcel Number 881150639

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,236

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Remarks Public: Huge Price Reduction...LOOKING TO INVEST YOUR MONEY IN AN OPPORTUNITY ZONE? Here is a well maintained, stand alone, separately metered, fully occupied 7 unit apt bldg in the beautiful East Oak Ln section of Phila that happens to fall in an opportunity zone. This building was renovated about 10 years ago, but all hot water heaters except for one are about 6 months to a year old. All units are spacious with high ceilings, central air, ceiling fans, and huge bathrooms. Kitchens are fully loaded with plenty of cabinetry, ceramic tile, granite countertops, and clean stainless steel appliances with breakfast bars in most apts. There is also a coin operated laundry site along with storage units for each apt in the basement. It is steps away from Community College, NW division, 5 miles away from Temple and Lasalle Universities, and convenient transportation and shopping. What an opportunity!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 6800
  • Living Area Sq Ft: 6800
  • Price Per Sq Ft: 110.29
  • Above Grade Finished Sq Ft: 6800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1311

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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Monthly Average Electric: 100
  • Previous Twelve Months Electric Expense: 1200.00
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 250
  • Water Previous Twelve Months: 3000.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 311850.00
  • Land Assessed Value: 133650.00
  • Land Use Code: CA0
  • Lot Size Acres: 0.12
  • Lot Dimensions: 55.00 x 98.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5390.00
  • Year Assessed: 2020
  • Zoning: RSA2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1235852
  • School Tax: 3422.00
  • Tax Annual Amount: 6236.00
  • Assessor Parcel Number: 881150639
  • Tax Lot: 142
  • Tax Total Finished Sq Ft: 6800
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 07/07/2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2020 07/07/20 Sold $690,000 -8.0% $101 / Sq Ft
02/20/2020 02/20/20 For Sale $750,000 0.0% $110 / Sq Ft
02/16/2020 02/16/20 Pending -- -- --
10/21/2019 10/21/19 Price Changed $750,000 -6.3% $110 / Sq Ft
09/17/2019 09/17/19 For Sale $800,000 -- $118 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Cherise Wynne

    Seller's Agent in 2020

    Cherise Wynne

    Compass RE

    (215) 518-5193

    1 in this area

    164 Total Sales

    Cherise Wynne
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH831824

Bright MLS
Pennsylvania Philadelphia County Philadelphia 19141 East Oak Lane

1311 Medary Ave, Philadelphia, PA

This home is located at 1311 Medary Ave, Philadelphia, PA 19141 since 17 September 2019. This property was built in 1925. 1311 Medary Ave is a home located in Philadelphia County with nearby schools including Ellwood School, Gen. Louis Wagner Middle School, and Martin Luther King High School.

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