NOT LISTED FOR SALE

Estimated Value: $597,000 - $685,172

-- Bed
-- Bath
2,976 Sq Ft
$213/Sq Ft Est. Value

Last Sold February 13, 2019

Last sale price $430,000 $144 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,568/month

30 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Forced Air Heating and Cooling System

About This Home

As of February 2019

Turnkey investment with value add opportunity. Triplex building, newly constructed in 2012 features; one bi-level unit with 3 bedrooms 2 baths, one 2 bedroom, 2 bath unit with a den and 3 bedroom 2 bath unit. 10 year tax abatement good through December of 2025. Opportunity to increase revenue by finishing basement. Bottom unit rented below market rent, and opportunity to increase even without finishing basement. Seller is a licensed real estate broker in the state of PA

Last Agent to Sell the Property

Francis Popek

Fifth Realty Listed on: 11/02/2018

Last Buyer's Agent

Krystal Wang

Tesla Realty Group, LLC

Tesla Realty Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,095

Year Built

  • Built in 2012

Lot Details

  • 1,216 Sq Ft Lot
  • Lot Dimensions are 16x76
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,976 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 195
  • Assessor Parcel Number 471272510

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Temple University Subdivision

Building Details

  • Electric Expense $300
  • Insurance Expense $2,160
  • Maintenance Expense $2,000
  • Other Expense $5,686
  • Operating Expense $12,981

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,095

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 5686.00
  • Year Built: 2012
  • Remarks Public: Turnkey investment with value add opportunity. Triplex building, newly constructed in 2012 features; one bi-level unit with 3 bedrooms 2 baths, one 2 bedroom, 2 bath unit with a den and 3 bedroom 2 bath unit. 10 year tax abatement good through December of 2025. Opportunity to increase revenue by finishing basement. Bottom unit rented below market rent, and opportunity to increase even without finishing basement. Seller is a licensed real estate broker in the state of PA
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2976
  • Living Area Sq Ft: 2976
  • Price Per Sq Ft: 151.21
  • Above Grade Finished Sq Ft: 2976
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1407

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Brick
  • 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
  • Electric Expense: 300.00
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1740.00
  • 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

  • Land Assessed Value: 78204.00
  • Land Use Code: W50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16X76
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1216.00
  • Property Condition: Good
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 42360.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1391064
  • Tax Annual Amount: 1095.00
  • Assessor Parcel Number: 471272510
  • Tax Lot: 195
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 02/13/2019

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Range of Values:

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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
You Xiao Jie $430,000 Quest Abstract Corp
Temple Res West Lp $6,000 None Available
Usrep Llc Series 1 $192,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open You Xiao Jie $344,000
Previous Owner Temple Res West Lp $300,000
Previous Owner Temple Res West Lp $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2019 02/13/19 Sold $430,000 -4.4% $144 / Sq Ft
12/02/2018 12/02/18 Pending -- -- --
11/02/2018 11/02/18 For Sale $450,000 -- $151 / 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 $13,539 $520,800 $104,100 $416,700
2024 $13,539 $520,800 $104,100 $416,700
2023 $2,707 $967,200 $193,400 $773,800
2022 $2,103 $193,400 $193,400 $0
2021 $2,103 $0 $0 $0
2020 $2,103 $0 $0 $0
2019 $2,033 $0 $0 $0
2018 $1,095 $0 $0 $0
2017 $1,095 $0 $0 $0
2016 $117 $0 $0 $0
2015 $112 $0 $0 $0
2014 -- $274,400 $8,365 $266,035
2012 -- $40,320 $2,048 $38,272
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH102028

Bright MLS

APN: 471272510