Seller's Agent in 2025
Michael McCann
KW Empower
(215) 778-0901
91 in this area
1,693 Total Sales
1400 S 15th St Philadelphia, PA 19146
Point Breeze Neighborhood
--
Bed
--
Bath
2,848
Sq Ft
1,167
Sq Ft Lot
About This Home
As of March 2025Incredible investment opportunity with 4 years left on it's tax abatement! 1400 S 15th St is a fully leased corner triplex with three updated 2 bed, 1 bath units. Each apartment has hardwood floors, in-unit laundry, and a dishwasher. They are also separately metered with central a/c, electric hot water, and electric heat. All units open to a living room, with a kitchen at the center and the laundry, bathroom, and bedrooms down the hall. #1 is the largest, while #2 has a private deck. There's also a basement with secure storage spaces. 1400 S 15th St is located a block from Broad St in booming Newbold, earning it a Walk Score of 87! Restaurants, shops, parks, and popular stores like Target, Sprouts Farmers Market, the new Giant Supermarket and Wine & Spirits are close by. Neighboring East Passyunk has lots to explore, plus there's easy access to public transit. Schedule your tour today! Leases available upon request.
Last Agent to Sell the Property
mccann@mccannteam.com KW Empower License #AB049770L Listed on: 02/07/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,912
Year Built
- Built in 1915
Lot Details
- 1,167 Sq Ft Lot
- Lot Dimensions are 17.00 x 68.00
Home Design
- 2,848 Sq Ft Home
- Triplex
- Masonry
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- 3 Units
- Newbold Subdivision
Listing and Financial Details
- Tax Lot 50
- Assessor Parcel Number 365055300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 7, 2025
Closed on
Mar 11, 2025
Sold by
1400 S 15Th St Llc
Bought by
Bitar Tony
Seller's Agent
Michael McCann
KW Empower
Buyer's Agent
Carol Boulos
KW Empower
List Price
$695,000
Sold Price
$700,000
Premium/Discount to List
$5,000
0.72%
Views
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,082
Avg. Annual Appreciation
-1.71%
Original Mortgage
$525,000
Outstanding Balance
$522,354
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$170,564
Purchase Details
Listed on
Jun 24, 2016
Closed on
Mar 17, 2017
Sold by
Negash Workineh
Bought by
1400 15Th Llc
Seller's Agent
Ricardo Silva
Realty Mark Associates-CC
Buyer's Agent
Ricardo Silva
Realty Mark Associates-CC
List Price
$525,000
Sold Price
$450,000
Premium/Discount to List
-$75,000
-14.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Original Mortgage
$337,500
Interest Rate
4.15%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 12, 2007
Sold by
Castagna Michael C
Bought by
Negash Workineh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
6.18%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 28, 2005
Sold by
Watson Eric and Clark Jenine
Bought by
Castagna Michael C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.78%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 15, 2003
Sold by
Williams Lisa H
Bought by
Watson Eric
Purchase Details
Closed on
Apr 9, 2001
Sold by
Leis Mark A and Estate Of Helen Angelista
Bought by
Williams Lisa H
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $700,000 | None Listed On Document | |
| Deed | $450,000 | None Available | |
| Deed | $225,000 | None Available | |
| Deed | $135,000 | -- | |
| Deed | $2,387 | -- | |
| Deed | $20,855 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $525,000 | New Conventional | |
| Previous Owner | $337,500 | Commercial | |
| Previous Owner | $213,750 | Commercial | |
| Previous Owner | $108,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/14/2025 03/14/25 | Sold | $700,000 | 0.0% | $246 / Sq Ft | |
| 02/18/2025 02/18/25 | Price Changed | $700,000 | +0.7% | $246 / Sq Ft | |
| 02/07/2025 02/07/25 | For Sale | $695,000 | +54.4% | $244 / Sq Ft | |
| 03/15/2017 03/15/17 | Sold | $450,000 | -14.3% | $149 / Sq Ft | View Prior Sale |
| 12/12/2016 12/12/16 | Pending | -- | -- | -- | |
| 06/24/2016 06/24/16 | For Sale | $525,000 | -- | $173 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,648 | $632,700 | $126,540 | $506,160 |
| 2024 | $5,648 | $632,700 | $126,540 | $506,160 |
| 2023 | $5,648 | $727,500 | $145,500 | $582,000 |
| 2022 | $3,234 | $403,517 | $145,500 | $258,017 |
| 2021 | $5,488 | $0 | $0 | $0 |
| 2020 | $5,245 | $0 | $0 | $0 |
| 2019 | $3,242 | $0 | $0 | $0 |
| 2018 | $1,083 | $0 | $0 | $0 |
| 2017 | $1,083 | $0 | $0 | $0 |
| 2016 | $1,083 | $0 | $0 | $0 |
| 2015 | $1,037 | $0 | $0 | $0 |
| 2014 | -- | $77,400 | $14,446 | $62,954 |
| 2012 | -- | $24,000 | $4,800 | $19,200 |
Source: Public Records
Agents Affiliated with this Home
-
Michael McCann
-
Carol Boulos
Buyer's Agent in 2025
Carol Boulos
KW Empower
(267) 978-0563
4 in this area
44 Total Sales
-
Ricardo Silva
Seller's Agent in 2017
Ricardo Silva
Realty Mark Associates-CC
3 in this area
49 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2442602
APN: 365055300
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