Seller's Agent in 2019
Michael McCann
KW Empower
(215) 778-0901
8 in this area
1,782 Total Sales
1403 N 8th St Philadelphia, PA 19122
Ludlow NeighborhoodEstimated Value: $670,000 - $1,063,000
--
Bed
4
Baths
--
Sq Ft
1,201
Sq Ft Lot
Highlights
- Newly Remodeled
- En-Suite Primary Bedroom
- 4-minute walk to Cruz Park - Power 99 Parks & Rec
- No HOA
- Forced Air Heating and Cooling System
About This Home
As of September 2019Attention Investors! Brand new construction triplex in hot 19122! There were two for sale but 1405 N 8th St sold in March. Located close to Fishtown, this investment offers a turnkey opportunity into the market. Featuring very modern two, two bedroom one bath apartments and a 2 bed 2 bathroom unit. The bottom unit includes the backyard and a massive finished basement. The top unit has a large roof deck with 360 degree views of the city. Hardwood floors throughout, stainless steel appliances, quartz countertops, beautifully tiled bathrooms with custom glass doors are found in each on of the units. Tons extras in these homes... in wall speakers throughout with 2 additional outdoor speakers, smart home thermostats, designer lighting, front door video intercom, security system, washer/dryer and much more. 10 year tax abatement & 1 year home warranty! These properties are built by established builder Dalton Graham. Check OPA for 2019 taxes due to possible citywide reassessment.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $386
Year Built
- Built in 2018 | Newly Remodeled
Lot Details
- 1,201 Sq Ft Lot
- Lot Dimensions are 17x71
Home Design
- Triplex
- Brick Exterior Construction
- Aluminum Siding
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Additional Features
- En-Suite Primary Bedroom
- Laundry in unit
- Basement Fills Entire Space Under The House
Listing and Financial Details
- Tax Lot 10
- Assessor Parcel Number 202081800
Community Details
Overview
- No Home Owners Association
- 3 Units
- Ludlow Subdivision
Building Details
- Operating Expense $386
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 28, 2018
Closed on
Sep 3, 2019
Sold by
1403 N 8 Llc
Bought by
Barnes Courtney L
Seller's Agent
Michael McCann
KW Empower
Buyer's Agent
Shavonne Gilbert
Keller Williams Realty Devon-Wayne
List Price
$775,000
Sold Price
$725,000
Premium/Discount to List
-$50,000
-6.45%
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
$104,935
Avg. Annual Appreciation
2.13%
Original Mortgage
$633,749
Interest Rate
3.7%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 16, 2017
Sold by
Point Bnar4eeze Holding Llc
Bought by
1403 N 8 Llc
Purchase Details
Closed on
Dec 22, 2016
Sold by
Bk Partners Llc
Bought by
Point Breeze Holdings Llc
Purchase Details
Closed on
Jun 7, 2016
Sold by
Murphy Kevin J and Spotwood Carlton
Bought by
Bk Partners Llc
Purchase Details
Closed on
Oct 30, 1986
Bought by
Patterson Diana
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Barnes Courtney L | $725,000 | Devon Abstract Llc | |
| 1403 N 8 Llc | -- | Noble Abstarct Co | |
| Point Breeze Holdings Llc | $390,000 | Noble Abstract Co | |
| Bk Partners Llc | $11,500 | Noble Abstract Co | |
| Patterson Diana | $2,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Barnes Courtney L | $618,750 | |
| Closed | Barnes Courtney L | $633,749 | |
| Previous Owner | 1403 N 8 Llc | $832,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2019 09/12/19 | Sold | $725,000 | -2.7% | -- |
| 05/02/2019 05/02/19 | Price Changed | $745,000 | -0.7% | -- |
| 03/11/2019 03/11/19 | Price Changed | $750,000 | -1.3% | -- |
| 02/14/2019 02/14/19 | Price Changed | $760,000 | -1.3% | -- |
| 01/07/2019 01/07/19 | Price Changed | $770,000 | -0.6% | -- |
| 11/28/2018 11/28/18 | For Sale | $775,000 | -- | -- |
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 | $2,052 | $933,000 | $186,600 | $746,400 |
| 2024 | $2,052 | $933,000 | $186,600 | $746,400 |
| 2023 | $2,052 | $732,800 | $146,560 | $586,240 |
| 2022 | $2,923 | $146,560 | $146,560 | $0 |
| 2021 | $386 | $0 | $0 | $0 |
| 2020 | $386 | $0 | $0 | $0 |
| 2019 | $386 | $0 | $0 | $0 |
| 2018 | $386 | $0 | $0 | $0 |
| 2017 | $386 | $0 | $0 | $0 |
| 2016 | $106 | $0 | $0 | $0 |
| 2015 | $102 | $0 | $0 | $0 |
| 2014 | -- | $7,600 | $7,600 | $0 |
| 2012 | -- | $512 | $512 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2019
Mike Goldstein
HubKey Real Estate
(215) 600-1799
42 Total Sales
-
Buyer's Agent in 2019
Shavonne Gilbert
Keller Williams Realty Devon-Wayne
(215) 668-4283
33 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH258862
APN: 202081800
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