NOT LISTED FOR SALE

Estimated Value: $465,868 - $527,000

-- Bed
3 Baths
2,408 Sq Ft
$207/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $420,000 $174 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,170/month

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Property is in very good condition

About This Home

As of September 2020

Calling all investors! Make this your next great rental! Located in the hot Philadelphia neighborhood of Francisville, this fully occupied triplex features three 2 BR units, all in great condition. Each unit has its own in-unit washer/dryer. There is also an installed CCTV Surveillance system that is included. Property is located just a block and half north of Girard Ave and a short walk to Broad Street and public transportation, making it very accessible.Owner is also selling 1311 and 1319 N 19th St. and is open to a package deal.

Last Agent to Sell the Property

Josh Altman

(215) 429-2477 josh.i.altman@gmail.com RE/MAX Ready Listed on: 06/16/2020

RE/MAX Ready

Last Buyer's Agent

Reda Akbil

(267) 205-1369 reda.akbil@compass.com Compass RE License #RS337002

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,208

Year Built

  • Built in 1915

Lot Details

  • 1,280 Sq Ft Lot
  • Lot Dimensions are 16.00 x 80.00
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • 2,408 Sq Ft Home
  • Triplex
  • Masonry

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Tax Lot 176
  • Assessor Parcel Number 471322800

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Francisville Subdivision

Building Details

  • Maintenance Expense $250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,208

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Total Sq Ft: 2408
  • Living Area Sq Ft: 2408
  • Price Per Sq Ft: 182.72
  • Above Grade Finished Sq Ft: 2408
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Spa: No
  • 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
  • Previous Twelve Months Electric Expense: 360.00
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Previous Twelve Months: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 163878.00
  • Land Assessed Value: 65322.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 80.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1280.00
  • Property Condition: Very Good
  • Zoning: RM1

Rental Info

  • Total Actual Rent: 35640.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1221203
  • School Tax: 1760.00
  • Tax Annual Amount: 3208.00
  • Assessor Parcel Number: 471322800
  • Tax Lot: 176
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Aug 31, 2020
Sold by
Zen Real Estate Llc
Bought by
Laalej Hicham
Seller's Agent
Josh Altman
RE/MAX Ready
Buyer's Agent
Reda Akbil
Compass RE
List Price
$454,999
Sold Price
$420,000
Premium/Discount to List
-$34,999
-7.69%
Current Estimated Value
$499,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,289
Avg. Annual Appreciation
3.39%
Original Mortgage
$315,000
Outstanding Balance
$221,551
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$277,738

Purchase Details

Closed on
Feb 27, 2009
Sold by
Kabcon Llc
Bought by
Zen Real Estate Llc

Purchase Details

Closed on
Sep 26, 2008
Sold by
Perelshteyn Michael
Bought by
Kabcon Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 19, 2008
Sold by
St Charles Place Llc
Bought by
Perelshteyn Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 19, 2007
Sold by
Mcintyre Douglas
Bought by
St Charles Place Llc

Purchase Details

Closed on
Feb 17, 2000
Sold by
Chatman Alfreda A
Bought by
Mcintyre Douglas
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
Laalej Hicham $420,000 Trident Land Transfer Co Lp
Zen Real Estate Llc $51,000 None Available
Kabcon Llc $42,500 None Available
Perelshteyn Michael $23,000 None Available
St Charles Place Llc $1,127 None Available
Mcintyre Douglas $9,354 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laalej Hicham $315,000
Previous Owner Kabcon Llc $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2020 09/01/20 Sold $420,000 -4.5% $174 / Sq Ft
08/12/2020 08/12/20 Price Changed $439,999 0.0% $183 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
07/01/2020 07/01/20 Price Changed $439,999 -3.3% $183 / Sq Ft
06/16/2020 06/16/20 For Sale $454,999 -- $189 / 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 $6,515 $381,700 $76,340 $305,360
2025 $6,515 $381,700 $76,340 $305,360
2024 $6,515 $381,700 $76,340 $305,360
2023 $6,515 $465,400 $93,080 $372,320
2022 $3,208 $465,400 $93,080 $372,320
2021 $3,208 $0 $0 $0
2020 $3,208 $0 $0 $0
2019 $3,102 $0 $0 $0
2018 $3,628 $0 $0 $0
2017 $3,628 $0 $0 $0
2016 $3,628 $0 $0 $0
2015 $3,473 $0 $0 $0
2014 -- $259,200 $7,220 $251,980
2012 -- $11,968 $480 $11,488
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH904338

Bright MLS

APN: 471322800