NOT LISTED FOR SALE

1318 Unity St Philadelphia, PA 19124

Frankford Neighborhood

Estimated Value: $349,000 - $362,000

-- Bed
4 Baths
2,730 Sq Ft
$130/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $363,000 $133 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,164/month

70 Days on Market

About This Home

As of August 2024

4 unit property perfect for an investor or a homeowner with additional rental income. All 4 units are 2bd 1ba with very high ceilings and upgrades throughout. These spacious apartments have separate utilities (gas and electric) Most tenants are on a month to month lease below market value. Property is located close to shopping and public transportation. Easy to show on a lockbox.

Last Agent to Sell the Property

Michael Johnston

(267) 334-8857 mjohnstonrealtor@gmail.com RE/MAX One Realty Listed on: 05/13/2024

RE/MAX One Realty

Last Buyer's Agent

Jerome Washington

(856) 888-4393 homes@bigcityflips.com Neighborhood Assistance Corp. of America (NACA)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,523

Year Built

  • Built in 1935

Lot Details

  • 2,687 Sq Ft Lot
  • Lot Dimensions are 27.00 x 100.00

Parking

  • On-Street Parking

Home Design

  • 2,730 Sq Ft Home
  • Quadruplex
  • Straight Thru Architecture
  • Brick Foundation
  • Masonry

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Northwood Subdivision

Listing and Financial Details

  • Tax Lot 165
  • Assessor Parcel Number 234037400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,523

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1935
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 2730
  • Living Area Sq Ft: 2730
  • Price Per Sq Ft: 137.36
  • Above Grade Finished Sq Ft: 2730
  • Above Grade Finished Area Units: Square Feet

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: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 27.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2687.00
  • Zoning: CMX2

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1933.00
  • Tax Annual Amount: 3523.00
  • Assessor Parcel Number: 234037400
  • Tax Lot: 165
  • Tax Data Updated: Yes
  • Tax Year: 2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Sep 4, 2024
Sold by
Lebron Edwin
Bought by
Rogers James Anthony
Seller's Agent
Michael Johnston
RE/MAX One Realty
Buyer's Agent
Jerome Washington
Neighborhood Assistance Corp. of America (NACA)
List Price
$399,900
Sold Price
$363,000
Premium/Discount to List
-$36,900
-9.23%
Views
4
Current Estimated Value
$355,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,500
Avg. Annual Appreciation
-1.75%
Original Mortgage
$378,511
Outstanding Balance
$374,153
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
-$18,653

Purchase Details

Closed on
Apr 29, 2021
Sold by
Muttathil Varghess and Muttathil Deenamma
Bought by
Lebron Edwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,562
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2003
Sold by
Farina Benito
Bought by
Deenamma Muttathil Varghess and Deenamma Muttathill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,895
Interest Rate
5.81%
Mortgage Type
Commercial
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
Rogers James Anthony $363,000 Lancaster Abstract & Escrow
Lebron Edwin $192,750 Westcor Land Title Ins Co
Deenamma Muttathil Varghess $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rogers James Anthony $378,511
Previous Owner Lebron Edwin $144,562
Previous Owner Deenamma Muttathil Varghess $140,895
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $363,000 -3.2% $133 / Sq Ft
07/22/2024 07/22/24 Pending -- -- --
07/08/2024 07/08/24 Price Changed $375,000 -6.2% $137 / Sq Ft
05/13/2024 05/13/24 For Sale $399,900 -- $146 / 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 $3,523 $223,000 $44,600 $178,400
2025 $3,523 $223,000 $44,600 $178,400
2024 $3,523 $223,000 $44,600 $178,400
2023 $3,523 $251,700 $50,340 $201,360
2022 $1,369 $251,700 $50,340 $201,360
2021 $1,369 $0 $0 $0
2020 $1,369 $97,800 $18,435 $79,365
2019 $1,314 $0 $0 $0
2018 $1,888 $0 $0 $0
2017 $1,888 $0 $0 $0
2016 $1,888 $0 $0 $0
2015 $1,808 $0 $0 $0
2014 -- $134,900 $30,326 $104,574
2012 -- $9,920 $890 $9,030
Source: Public Records

Agents Affiliated with this Home

  • Michael Johnston

    Seller's Agent in 2024

    Michael Johnston

    RE/MAX

    (267) 334-8857

    2 in this area

    73 Total Sales

    Michael Johnston
    Section Image
  • Jerome Washington

    Buyer's Agent in 2024

    Jerome Washington

    Neighborhood Assistance Corp. of America (NACA)

    (856) 888-4393

    4 in this area

    198 Total Sales

    Jerome Washington
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2354308

Bright MLS

APN: 234037400

Pennsylvania Philadelphia County Philadelphia 19124 Frankford

1318 Unity St, Philadelphia, PA

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