NOT LISTED FOR SALE

Estimated Value: $1,006,568 - $1,081,000

-- Bed
4 Baths
3,500 Sq Ft
$300/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $1,000,000 $286 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,443/month

51 Days on Market

Highlights

  • Straight Thru Architecture
  • Forced Air Heating and Cooling System
  • 4-minute walk to Carpenter Green Park

About This Home

As of March 2024

Welcome to this Graduate Hospital Triplex! The highlight of the property is the bi-level, extra-large unit on the 1st floor, featuring 3 bedrooms and 3 bathrooms. This unit, with its own backyard, presents an excellent opportunity for substantial rental income. Alternatively, it could be transformed into the perfect haven for an owner-occupied family, providing ample space for comfortable living. The 2nd and 3rd floor units both offer 2 bedrooms and 1 bathroom each, making them ideal rental units. The 2nd floor unit boasts a private balcony, providing a charming space to unwind and enjoy the surroundings. Nestled within walking distance of the Avenue of the Arts and Center City, this property boasts a prime location for those seeking a vibrant city lifestyle. This triplex is not just a residence; it's an investment opportunity with versatility. Whether you are looking for a property to generate rental income or a place to call home within the city, this Graduate Hospital triplex offers the best of both worlds. Don't miss the chance to own a piece of urban living in one of Philadelphia's most desirable neighborhoods.

Last Agent to Sell the Property

Ari Kleinman

Compass RE License #RS348696 Listed on: 01/02/2024

Compass RE

Co-Listed By

Tom Dilsheimer

Compass RE License #RS222491L

Last Buyer's Agent

Scott Scuderi

OCF Realty LLC - Philadelphia License #RS335576

OCF Realty LLC - Philadelphia

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,701

Year Built

  • Built in 1915

Lot Details

  • 1,710 Sq Ft Lot
  • Lot Dimensions are 18.00 x 95.00

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Straight Thru Architecture
  • Concrete Perimeter Foundation
  • Masonry

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Finished Basement

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 175
  • Assessor Parcel Number 301184200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,701

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Exclusions: Tenants personal possessions
  • Inclusions: Washer, dryer, refrigerator in as-is condition for no monetary value
  • New Construction: No
  • Year Built: 1915
  • Automatically Close On Close Date: Yes
  • Remarks Public: Welcome to this Graduate Hospital Triplex! The highlight of the property is the bi-level, extra-large unit on the 1st floor, featuring 3 bedrooms and 3 bathrooms. This unit, with its own backyard, presents an excellent opportunity for substantial rental income. Alternatively, it could be transformed into the perfect haven for an owner-occupied family, providing ample space for comfortable living. The 2nd and 3rd floor units both offer 2 bedrooms and 1 bathroom each, making them ideal rental units. The 2nd floor unit boasts a private balcony, providing a charming space to unwind and enjoy the surroundings. Nestled within walking distance of the Avenue of the Arts and Center City, this property boasts a prime location for those seeking a vibrant city lifestyle. This triplex is not just a residence; it's an investment opportunity with versatility. Whether you are looking for a property to generate rental income or a place to call home within the city, this Graduate Hospital triplex offers the best of both worlds. Don't miss the chance to own a piece of urban living in one of Philadelphia's most desirable neighborhoods.
  • Special Features: None

Interior Features

  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3500
  • Living Area Sq Ft: 3500
  • Price Per Sq Ft: 392.81
  • Above Grade Finished Sq Ft: 2864
  • Below Grade Finished Sq Ft: 636
  • Total Below Grade Sq Ft: 636
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1418

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: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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

Lot Info

  • Land Use Code: U50
  • Lot Size Acres: 0.04
  • Lot Dimensions: 18.00 x 95.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1710.00
  • Year Assessed: 2023
  • Zoning: RM1

Rental Info

  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 4774.00
  • Tax Annual Amount: 8701.00
  • Assessor Parcel Number: 301184200
  • Tax Lot: 175
  • Tax Total Finished Sq Ft: 2864
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/29/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
Mar 7, 2024
Sold by
Risler Lori M and Risler Zachary W
Bought by
Dugan Brian
Seller's Agent
Ari Kleinman
Compass RE
Buyer's Agent
Scott Scuderi
OCF Realty LLC - Philadelphia
List Price
$1,125,000
Sold Price
$1,000,000
Premium/Discount to List
-$125,000
-11.11%
Views
19
Current Estimated Value
$1,051,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,523
Avg. Annual Appreciation
3.38%
Original Mortgage
$800,000
Outstanding Balance
$788,546
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$259,753

Purchase Details

Closed on
Aug 20, 2015
Sold by
Noble Lori Michele and Risler Zachary W
Bought by
Risler Lori M and Risler Zachary W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 2, 2011
Closed on
Jun 26, 2012
Sold by
Monroe Helen
Bought by
Noble Lori Michele and Risler Zachary W
Seller's Agent
MARY PRIMUS
Century 21 Advantage Gold-South Philadelphia
Buyer's Agent
Tracy Slowik
Compass RE
List Price
$299,900
Sold Price
$230,000
Premium/Discount to List
-$69,900
-23.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.19%
Original Mortgage
$467,000
Interest Rate
3.76%
Mortgage Type
Construction
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
Dugan Brian $1,000,000 None Listed On Document
Risler Lori M -- None Available
Noble Lori Michele $230,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dugan Brian $800,000
Previous Owner Noble Lori Michele $162,500
Previous Owner Risler Lori M $458,000
Previous Owner Noble Lori Michele $467,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $1,000,000 -11.1% $286 / Sq Ft
01/02/2024 01/02/24 For Sale $1,125,000 +389.1% $321 / Sq Ft
06/26/2012 06/26/12 Sold $230,000 -23.3% $80 / Sq Ft
04/01/2012 04/01/12 Pending -- -- --
01/31/2012 01/31/12 Price Changed $300,000 -25.0% $105 / Sq Ft
12/08/2011 12/08/11 Price Changed $399,900 +33.3% $140 / Sq Ft
12/02/2011 12/02/11 For Sale $299,900 -- $105 / 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 $8,701 $902,000 $180,400 $721,600
2024 $8,701 $902,000 $180,400 $721,600
2023 $8,701 $621,600 $124,320 $497,280
2022 $2,486 $621,600 $124,320 $497,280
2021 $2,486 $0 $0 $0
2020 $2,486 $0 $0 $0
2019 $2,544 $0 $0 $0
2018 $1,460 $0 $0 $0
2017 $1,460 $0 $0 $0
2016 $24 $0 $0 $0
2015 $691 $0 $0 $0
2014 -- $316,100 $34,200 $281,900
2012 -- $16,320 $13,525 $2,795
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2303336

Bright MLS

APN: 301184200