NOT LISTED FOR SALE

1414 W Grange Ave Philadelphia, PA 19141

Ogontz Neighborhood

Estimated Value: $228,710

-- Bed
1 Bath
1,980 Sq Ft
$116/Sq Ft Est. Value

Last Sold May 04, 2023

Last sale price $190,000 $96 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,367/month

3 Days on Market

Highlights

  • Traditional Architecture
  • Radiator
  • 3-minute walk to Olney

About This Home

As of May 2023

Welcome to this unique mixed-use property in the heart of Fern Rock, offering an incredible investment opportunity. This five-unit building features 1 commercial space and four 1-bedroom residential units.
The property's commercial unit is on the first floor and was most recently operated as a daycare. With its open layout, the space is ideal for a range of businesses, including retail shops, salons, offices, and more.
The residential units are perfect for tenants seeking a convenient location. They are currently vacant and require complete renovation providing a blank canvas for the new owner to customize.
This property is situated near the Broad and Olney commercial district and the Fern Rock Transportation Center, making it an ideal location for both commercial and residential tenants. This is an excellent opportunity for an investor to create a cash-flowing asset in a desirable location.

Last Agent to Sell the Property

Oliver Millwood

Empower Real Estate, LLC License #RS280485 Listed on: 04/07/2023

Empower Real Estate, LLC

Last Buyer's Agent

John Gauntlett

KW Empower

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,793

Year Built

  • Built in 1925

Lot Details

  • 2,055 Sq Ft Lot
  • Lot Dimensions are 21.00 x 100.00

Home Design

  • 1,980 Sq Ft Home
  • Traditional Architecture
  • Brick Foundation
  • Block Foundation
  • Masonry

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Radiator
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 171115705

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,793

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2023-04-07
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this unique mixed-use property in the heart of Fern Rock, offering an incredible investment opportunity. This five-unit building features 1 commercial space and four 1-bedroom residential units. The property's commercial unit is on the first floor and was most recently operated as a daycare. With its open layout, the space is ideal for a range of businesses, including retail shops, salons, offices, and more. The residential units are perfect for tenants seeking a convenient location. They are currently vacant and require complete renovation providing a blank canvas for the new owner to customize. This property is situated near the Broad and Olney commercial district and the Fern Rock Transportation Center, making it an ideal location for both commercial and residential tenants. This is an excellent opportunity for an investor to create a cash-flowing asset in a desirable location.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Brick/Mortar, Block
  • Total Sq Ft: 1980
  • Living Area Sq Ft: 1980
  • Price Per Sq Ft: 95.96
  • Above Grade Finished Sq Ft: 1980
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1414

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

Utilities

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

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: 3rd Party

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 91979.00
  • Land Assessed Value: 36121.00
  • Land Use Code: T30
  • Lot Size Acres: 0.05
  • Lot Dimensions: 21.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2055.00
  • Year Assessed: 2023
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 973238
  • School Tax: 983.00
  • Tax Annual Amount: 1793.00
  • Assessor Parcel Number: 171115705
  • Tax Total Finished Sq Ft: 1980
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/04/2023

Multi Family

  • Single Room Units Count: 1

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2023
Closed on
May 4, 2023
Sold by
3T Construction Group Llc
Bought by
Bond Ira Lin and Traore Hawa
Seller's Agent
Oliver Millwood
Empower Real Estate, LLC
Buyer's Agent
John Gauntlett
KW Empower
List Price
$200,000
Sold Price
$190,000
Premium/Discount to List
-$10,000
-5%
Views
30
Current Estimated Value
$228,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,710
Avg. Annual Appreciation
5.35%

Purchase Details

Closed on
Jan 18, 1985
Bought by
Keyes Michael and Keyes Volarie
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
Bond Ira Lin $190,000 None Listed On Document
Keyes Michael $49,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2023 05/04/23 Sold $190,000 0.0% $96 / Sq Ft
04/12/2023 04/12/23 Price Changed $190,000 -5.0% $96 / Sq Ft
04/07/2023 04/07/23 For Sale $200,000 -- $101 / 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 $1,793 $128,100 $36,121 $91,979
2024 $1,793 $128,100 $36,121 $91,979
2023 $1,793 $128,100 $36,121 $91,979
2022 $1,163 $83,100 $36,121 $46,979
2021 $1,793 $0 $0 $0
2020 $1,793 $0 $0 $0
2019 $1,872 $0 $0 $0
2018 $1,872 $0 $0 $0
2017 $1,872 $0 $0 $0
2016 $1,872 $0 $0 $0
2015 $1,792 $0 $0 $0
2014 -- $133,700 $37,700 $96,000
2012 -- $17,568 $3,001 $14,567
Source: Public Records

Agents Affiliated with this Home

  • Oliver Millwood

    Seller's Agent in 2023

    Oliver Millwood

    Empower Real Estate, LLC

    (302) 533-8020

    4 in this area

    142 Total Sales

    Oliver Millwood
    Section Image
  • John Gauntlett

    Buyer's Agent in 2023

    John Gauntlett

    KW Empower

    (610) 772-7089

    1 in this area

    137 Total Sales

    John Gauntlett
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2219596

Bright MLS

APN: 171115705

Pennsylvania Philadelphia County Philadelphia 19141 Ogontz

1414 W Grange Ave, Philadelphia, PA

This home is located at 1414 W Grange Ave, Philadelphia, PA 19141 since 07 April 2023 and is currently estimated at $228,710, approximately $115 per square foot. This property was built in 1925. 1414 W Grange Ave is a home located in Philadelphia County with nearby schools including Julie Ward Howe School, Gen. Louis Wagner Middle School, and Martin Luther King High School.

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