NOT LISTED FOR SALE

Estimated Value: $729,946 - $1,376,000

-- Bed
-- Bath
2,568 Sq Ft
$405/Sq Ft Est. Value

Last Sold April 30, 2012

Last sale price $613,000 $239 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $6,224/month

Highlights

  • No HOA
  • Laundry Facilities
  • 2-minute walk to Welcome Park
  • En-Suite Primary Bedroom
  • Heating System Uses Gas

About This Home

As of April 2012

Old City four unit building! All self-contained units PLUS parking lot! Apartments have modern kitchen and baths, orginal details, hardwood floors, and each unit includes a parking space in the lot next door which is INCLUDED 138 Race- in this property! Building grosses over $4,300/month and has low monthly expenses (expenses listed include annual real estate taxes).

Last Agent to Sell the Property

Nancy Alperin

(215) 620-0099 Nancyalperin@maxwellrealty.com MAXWELL REALTY COMPANY Listed on: 02/16/2012

Last Buyer's Agent

Maria Quattrone

(215) 607-3535 mquattrone@liveloveathome.com RE/MAX @ HOME License #RS281573

RE/MAX @ HOME

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,104

Year Built

  • Built in 1913

Lot Details

  • 1,224 Sq Ft Lot
  • Lot Dimensions are 16x76

Parking

  • 4 Open Parking Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,568 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 311
  • Assessor Parcel Number 052192200

Community Details

Overview

  • No Home Owners Association
  • Old City Subdivision

Additional Features

  • Laundry Facilities
  • Operating Expense $4,104

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,104

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1913
  • Remarks Public: Old City four unit building! All self-contained units PLUS parking lot! Apartments have modern kitchen and baths, orginal details, hardwood floors, and each unit includes a parking space in the lot next door which is INCLUDED 138 Race- in this property! Building grosses over $4,300/month and has low monthly expenses (expenses listed include annual real estate taxes).
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Common
  • Total Sq Ft: 2568
  • Living Area Sq Ft: 2568
  • Price Per Sq Ft: 253.08
  • Above Grade Finished Sq Ft: 2568
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 136

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Gas, Electric
  • Heating: Yes
  • Hot Water: Electric
  • 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: 33570.00
  • Land Assessed Value: 11614.00
  • Land Use Code: U50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16X76
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1224.00
  • Zoning: C3

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Single Room Units Count: 2

Tax Info

  • Assessor Parcel Number: 906147
  • Tax Annual Amount: 4104.00
  • Assessor Parcel Number: 052192200
  • Tax Lot: 311
  • Tax Year: 2011
  • Close Date: 04/30/2012

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2019
Sold by
Cangi Michael D and Cangi Katlin M
Bought by
Cangi Michael D and Cangi Katlin M
Current Estimated Value
$1,041,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,750
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2016
Sold by
Knight Peter and Thai Ann
Bought by
Cangi Michael D and Perigo Katlin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,777
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 12, 2014
Sold by
Atlantic Developments Llc
Bought by
Waverley Ray 2011 Trust

Purchase Details

Closed on
Jan 16, 2013
Sold by
Knight Peter and Thai Anh
Bought by
Knight Peter and Thai Anh

Purchase Details

Closed on
Sep 30, 1994
Sold by
Roxborough Manayunk Fsb
Bought by
Nicolucci John and Tomcavage Diona C
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
Cangi Michael D -- None Available
Cangi Michael D $730,000 None Available
Waverley Ray 2011 Trust $390,000 Chicago Title Insurance Co
Knight Peter -- None Available
Nicolucci John $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cangi Michael D $790,000
Closed Cangi Michael D $790,000
Closed Cangi Michael D $768,750
Closed Cangi Michael D $716,777
Previous Owner Knight Peter $375,000
Previous Owner Sherman Mark E $300,000
Previous Owner Sherman Mark E $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2012 04/30/12 Sold $613,000 -5.7% $239 / Sq Ft
03/14/2012 03/14/12 Pending -- -- --
02/16/2012 02/16/12 For Sale $649,900 -- $253 / 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 $8,697 $909,800 $181,960 $727,840
2024 $8,697 $909,800 $181,960 $727,840
2023 $8,697 $621,300 $124,260 $497,040
2022 $9,248 $621,300 $124,260 $497,040
2021 $9,248 $0 $0 $0
2020 $9,248 $0 $0 $0
2019 $8,950 $0 $0 $0
2018 $6,799 $0 $0 $0
2017 $6,799 $0 $0 $0
2016 $6,799 $0 $0 $0
2015 $6,508 $0 $0 $0
2014 -- $485,700 $77,234 $408,466
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003849166

Bright MLS

APN: 052192205