NOT LISTED FOR SALE

Estimated Value: $395,000 - $439,000

-- Bed
3 Baths
1,843 Sq Ft
$228/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $392,000 $213 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,617/month

Highlights

  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • 4-minute walk to Oregon

About This Home

As of December 2021

Legal triplex, half block away from Broad St and its subway, steps away from Passyunk Ave, shops, and restaurants, a block away from Methodist hospital, walking distance to the Sports Complex, easy access to I-95 and I-76, full of character, and most importantly, three apartments with perfect layouts. The first-floor apartment is 2-bed, 1-bath, with a small yard and access to a massive unfinished basement. The second- and third-floor apartments are each 1-bed, 1-bath. This unique property is full of character; The exterior façade is simply gorgeous. Between the brick, bay windows, and special designs on top, this building is jaw-dropping. Talking about character, each apartment features wooden beams, giving it a unique feel that inspires their occupants. The first- and second-floor apartments have central air (heat and air condition). The third-floor unit has forced air (only heat) and enjoys a special balcony in the rear with a view of the city. This triplex has great character, layout, and location. With a little bit of updates, a lucky owner can bring this gem back to its glory and maximize on rents. First and third floor tenants recently moved out. Second floor tenant moves out mid-September. This is a great opportunity for the next owner to spruce up these units to maximize on rent or make one of these apartments their own home. P.S: Included in the pictures you can find the floor plan of each one of the three apartments.

Last Agent to Sell the Property

Tony Salloum

(215) 285-6435 tony@affinity.realestate Compass RE License #RS320883 Listed on: 08/24/2021

Compass RE

Last Buyer's Agent

Tony Salloum

(215) 285-6435 tony@affinity.realestate Compass RE License #RS320883 Listed on: 08/24/2021

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,076

Year Built

  • Built in 1935

Lot Details

  • 930 Sq Ft Lot
  • Lot Dimensions are 15.50 x 60.00

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Masonry

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 394323400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,076

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1935
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Total Sq Ft: 2443
  • Living Area Sq Ft: 1843
  • Price Per Sq Ft: 238.20
  • Above Grade Finished Sq Ft: 1843
  • Below Grade Sq Ft: 600
  • Total Below Grade Sq Ft: 600
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 284279.00
  • Land Assessed Value: 78321.00
  • Lot Size Acres: 0.02
  • Lot Dimensions: 15.50 x 60.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 930.00
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1150865
  • School Tax: 2785.00
  • Tax Annual Amount: 5076.00
  • Assessor Parcel Number: 394323400
  • Tax Lot: 32
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Dec 17, 2021
Sold by
Maria Colavita
Bought by
Boujaoude Ziad and Aboujaoude Rania
Seller's Agent
Tony Salloum
Compass RE
Buyer's Agent
Tony Salloum
Compass RE
List Price
$439,000
Sold Price
$392,000
Premium/Discount to List
-$47,000
-10.71%
Current Estimated Value
$421,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,108
Avg. Annual Appreciation
1.87%
Original Mortgage
$294,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 1999
Sold by
Colavita Marimena
Bought by
Colavita Anthony and Colavita Maria
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
Boujaoude Ziad $392,000 Ts Executive Abstract
Colavita Anthony -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boujaoude Ziad $294,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2021 12/17/21 Sold $392,000 -10.7% $213 / Sq Ft
08/24/2021 08/24/21 For Sale $439,000 -- $238 / 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 $4,954 $391,900 $78,380 $313,520
2024 $4,954 $391,900 $78,380 $313,520
2023 $4,954 $353,900 $70,780 $283,120
2022 $5,076 $353,900 $70,780 $283,120
2021 $5,076 $0 $0 $0
2020 $5,076 $0 $0 $0
2019 $4,684 $0 $0 $0
2018 $2,326 $0 $0 $0
2017 $2,326 $0 $0 $0
2016 $2,326 $0 $0 $0
2015 $2,227 $0 $0 $0
2014 -- $166,200 $13,956 $152,244
2012 -- $15,136 $2,378 $12,758
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2024016

Bright MLS

APN: 394323400