NOT LISTED FOR SALE

1338 Orthodox St Philadelphia, PA 19124

Frankford Neighborhood

Estimated Value: $221,799 - $315,000

-- Bed
-- Bath
2,520 Sq Ft
$110/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $100,000 $40 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $1,812/month

7 Days on Market

Highlights

  • 0.11 Acre Lot
  • No HOA
  • Hot Water Heating System
  • Wood Flooring
  • En-Suite Primary Bedroom
  • 1-minute walk to Overington Park

About This Home

As of November 2014

PACKAGE DEAL!!! Seller is offering 2 large 5-unit multifamily properties on the same block for a single price. That's 10 rental units on the same block, all for a single price. The 2 properties for sale are 1332 Orthodox St (MLS# 6466072) and 1338 Orthodox St (MLS# 6466062). This current property (1338) features FIVE 1-BR apartments, laid out with 2 apts on the first floor, 2 on the second floor and one on the third floor. Condition of FOUR of the apartments is near-move in, although some prep may be needed. The third floor apartment does need a complete rehab. Some repairs needed to the building, except for the 3rd floor, condition is reasonable. Seller is offering a Package Deal only, and is motivated to sell. Bring ANY and ALL offers. Note: Property is Corporate owned, No seller disclosure is available, seller is exempt. Buyer is responsible for U&O and conveyancing, if any, and for de/re-winterization, if required for inspections.

Last Agent to Sell the Property

Alvaro Ronderos

Independence Real Estate Sales LLC License #RM422823 Listed on: 09/30/2014

Last Buyer's Agent

Red Chahid

Yellow Keys Realty, LLC License #RM425449

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,934

Year Built

  • Built in 1939

Lot Details

  • 4,966 Sq Ft Lot
  • Lot Dimensions are 40x124
  • Property is in below average condition

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Stone Foundation
  • Stone Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,520 Sq Ft Home
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement

Utilities

  • Radiator
  • Heating System Uses Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number 234059400

Community Details

Building Details

  • Income includes laundry
  • Operating Expense $1,934

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,934

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1939
  • Remarks Public: PACKAGE DEAL!!! Seller is offering 2 large 5-unit multifamily properties on the same block for a single price. That's 10 rental units on the same block, all for a single price. The 2 properties for sale are 1332 Orthodox St (MLS# 6466072) and 1338 Orthodox St (MLS# 6466062). This current property (1338) features FIVE 1-BR apartments, laid out with 2 apts on the first floor, 2 on the second floor and one on the third floor. Condition of FOUR of the apartments is near-move in, although some prep may be needed. The third floor apartment does need a complete rehab. Some repairs needed to the building, except for the 3rd floor, condition is reasonable. Seller is offering a Package Deal only, and is motivated to sell. Bring ANY and ALL offers. Note: Property is Corporate owned, No seller disclosure is available, seller is exempt. Buyer is responsible for U&O and conveyancing, if any, and for de/re-winterization, if required for inspections.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Common
  • Total Sq Ft: 2520
  • Living Area Sq Ft: 2520
  • Price Per Sq Ft: 41.67
  • Above Grade Finished Sq Ft: 2520
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1338

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stone
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Improvement Assessed Value: 88254.00
  • Land Assessed Value: 56046.00
  • Land Use Code: N50
  • Lot Size Acres: 0.11
  • Lot Dimensions: 40X124
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4966.00
  • Property Condition: Below Average
  • Zoning: RSA3

Rental Info

  • Vacation Rental: No

Multi Family

  • Income Includes: Laundry
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

Tax Info

  • Assessor Parcel Number: 1024475
  • Tax Annual Amount: 1934.00
  • Assessor Parcel Number: 234059400
  • Tax Lot: 86
  • Tax Year: 2014
  • Close Date: 11/21/2014

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2014
Closed on
Nov 3, 2014
Sold by
Coba Inc
Bought by
Ostroff Steven
Seller's Agent
Alvaro Ronderos
Independence Real Estate Sales LLC
Buyer's Agent
Red Chahid
Yellow Keys Realty, LLC
List Price
$105,000
Sold Price
$100,000
Premium/Discount to List
-$5,000
-4.76%
Current Estimated Value
$277,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,272
Avg. Annual Appreciation
9.39%

Purchase Details

Closed on
Aug 31, 2004
Sold by
Salvino Frances and Salvino Michael
Bought by
Murray Lamond and Murray Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.02%
Mortgage Type
Commercial

Purchase Details

Closed on
May 15, 2001
Sold by
Salvino Frances and Salvino Anthony P
Bought by
Salvino Michael and Salvino Frances
Source: Public Records

Range of Values:

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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
Ostroff Steven $100,000 None Available
Murray Lamond $250,000 --
Salvino Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murray Lamond $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2014 11/21/14 Sold $100,000 -4.8% $40 / Sq Ft
10/07/2014 10/07/14 Pending -- -- --
09/30/2014 09/30/14 For Sale $105,000 -- $42 / 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 $3,527 $240,600 $48,120 $192,480
2024 $3,527 $240,600 $48,120 $192,480
2023 $3,527 $252,000 $50,400 $201,600
2022 $1,543 $252,000 $50,400 $201,600
2021 $1,543 $0 $0 $0
2020 $1,543 $0 $0 $0
2019 $1,481 $0 $0 $0
2018 $2,020 $0 $0 $0
2017 $2,020 $0 $0 $0
2016 $1,991 $0 $0 $0
2015 $1,934 $0 $0 $0
2014 -- $144,300 $56,046 $88,254
2012 -- $11,424 $2,015 $9,409
Source: Public Records

Agents Affiliated with this Home

  • Alvaro Ronderos

    Seller's Agent in 2014

    Alvaro Ronderos

    Independence Real Estate Sales LLC

    (484) 919-4152

    1 in this area

    119 Total Sales

    Section Image
  • Red Chahid

    Buyer's Agent in 2014

    Red Chahid

    Yellow Keys Realty, LLC

    (610) 517-8000

    128 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: 1003104032

Bright MLS

APN: 234059400

Pennsylvania Philadelphia County Philadelphia 19124 Frankford

1338 Orthodox St, Philadelphia, PA

This home is located at 1338 Orthodox St, Philadelphia, PA 19124 since 30 September 2014 and is currently estimated at $276,600, approximately $109 per square foot. This property was built in 1939. 1338 Orthodox St is a home located in Philadelphia County with nearby schools including John Marshall School, Harding Warren G Middle School, and Frankford High School.

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