NOT LISTED FOR SALE

1432 N Cadwallader St Philadelphia, PA 19122

Olde Kensington Neighborhood

Estimated Value: $760,000 - $987,821

-- Bed
4 Baths
3,240 Sq Ft
$274/Sq Ft Est. Value

Last Sold September 21, 2022

Last sale price $840,000 $259 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,525/month

Highlights

  • Contemporary Architecture
  • Forced Air Heating and Cooling System
  • 4-minute walk to Thomas Hart Park
  • Patio

About This Home

As of September 2022

Incredible investment opportunity located across from the Crane Arts building in rapidly developing Old Kensington. Completely renovated in 2008. All three of these units have Bosch appliance packages, in-unit laundry and air conditioning making them highly desirable rentals but the first floor unit is truly unique. The first floor unit is bi-level with a private entrance and a backyard that's rare for the area making it a perfect unit for an owner/occupant or high end tenant. The current owner has never had a vacancy in any of these units and all of the current tenants are multiple year tenants. If you're looking for a truly turn-key, low maintenance investment in an area exploding with development this is the one for you. Separate utilities throughout and set up to individually meter water (but not currently configured as such), making it possible to condo the units out down the road.

Last Agent to Sell the Property

Frank DeFazio

(610) 636-4364 frank@centercityteam.com BHHS Fox & Roach-Center City Walnut Listed on: 03/25/2022

BHHS Fox & Roach-Center City Walnut

Co-Listed By

Charles Lindsay

(610) 636-5285 Chuck@centercityteam.com BHHS Fox & Roach-Center City Walnut

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,977

Year Built

  • Built in 1920

Lot Details

  • 1,705 Sq Ft Lot
  • Lot Dimensions are 20.00 x 85.00

Parking

  • On-Street Parking

Home Design

  • 3,240 Sq Ft Home
  • Triplex
  • Contemporary Architecture
  • Frame Construction

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

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

Additional Features

  • Finished Basement

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 216
  • Assessor Parcel Number 182135600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,977

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2022-03-25
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Appliances: Dryer, Washer
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3240
  • Living Area Sq Ft: 3240
  • Price Per Sq Ft: 276.23
  • Above Grade Finished Sq Ft: 3240
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1432

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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
  • 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: Listing Agent

Lot Info

  • Land Use Code: U56
  • Lot Size Acres: 0.04
  • Lot Dimensions: 20.00 x 85.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1705.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2022
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 5475.00
  • Tax Annual Amount: 9977.00
  • Assessor Parcel Number: 182135600
  • Tax Lot: 216
  • Tax Total Finished Sq Ft: 3240
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/21/2022

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
Sep 20, 2022
Sold by
1432 N Cadwallader Llc
Bought by
Montelione Joseph
Seller's Agent
Frank DeFazio
BHHS Fox & Roach-Center City Walnut
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$925,000
Sold Price
$840,000
Premium/Discount to List
-$85,000
-9.19%
Views
5
Current Estimated Value
$888,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,607
Avg. Annual Appreciation
4.59%
Original Mortgage
$588,000
Outstanding Balance
$566,429
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$394,936

Purchase Details

Listed on
Nov 21, 2016
Closed on
Feb 21, 2017
Sold by
Szczurek Benjamin M
Bought by
1432 N Cadwallader Llc
Seller's Agent
Brooke Willmes
Keller Williams Main Line
Buyer's Agent
Charles Lindsay
BHHS Fox & Roach-Center City Walnut
List Price
$699,900
Sold Price
$699,000
Premium/Discount to List
-$900
-0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.35%
Original Mortgage
$559,200
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 25, 2013
Closed on
Jan 13, 2014
Sold by
Hogan Meaghan R
Bought by
Szczurek Benjamin M
Seller's Agent
Michael Garden
Compass RE
Buyer's Agent
Brooke Willmes
Keller Williams Main Line
List Price
$549,000
Sold Price
$500,000
Premium/Discount to List
-$49,000
-8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.30%
Original Mortgage
$400,000
Interest Rate
4.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 26, 2008
Sold by
Junogi Development Group Llc
Bought by
Hogan Meaghan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,394
Interest Rate
6.07%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 17, 2005
Sold by
Yim Melvin K
Bought by
Junogi Development Group Llc
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
Montelione Joseph $840,000 --
1432 N Cadwallader Llc $699,000 None Available
Szczurek Benjamin M $500,000 None Available
Hogan Meaghan R $460,000 None Available
Junogi Development Group Llc $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montelione Joseph $588,000
Previous Owner 1432 N Cadwallader Llc $559,200
Previous Owner Szczurek Benjamin M $400,000
Previous Owner Hogan Meaghan R $456,394
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2022 09/21/22 Sold $840,000 -6.1% $259 / Sq Ft
05/11/2022 05/11/22 Price Changed $895,000 -3.2% $276 / Sq Ft
03/25/2022 03/25/22 For Sale $925,000 +32.3% $285 / Sq Ft
02/27/2017 02/27/17 Sold $699,000 0.0% $260 / Sq Ft
01/01/2017 01/01/17 Rented $1,400 0.0% --
12/23/2016 12/23/16 Pending -- -- --
12/09/2016 12/09/16 Under Contract -- -- --
11/21/2016 11/21/16 For Sale $699,900 0.0% $260 / Sq Ft
11/14/2016 11/14/16 For Rent $1,500 0.0% --
01/13/2014 01/13/14 Sold $500,000 -8.9% $186 / Sq Ft
10/20/2013 10/20/13 Pending -- -- --
09/25/2013 09/25/13 For Sale $549,000 -- $204 / 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 $9,978 $712,800 $206,700 $506,100
2024 $9,978 $712,800 $206,700 $506,100
2023 $9,978 $712,800 $206,700 $506,100
2022 $9,978 $712,800 $206,700 $506,100
2021 $9,978 $0 $0 $0
2020 $9,978 $0 $0 $0
2019 $9,978 $0 $0 $0
2018 $5,746 $0 $0 $0
2017 $5,746 $0 $0 $0
2016 $5,746 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $191,500 $14,152 $177,348
2012 -- $3,456 $864 $2,592
Source: Public Records

Agents Affiliated with this Home

  • Frank DeFazio

    Seller's Agent in 2022

    Frank DeFazio

    BHHS Fox & Roach

    (610) 636-4364

    6 in this area

    260 Total Sales

    Frank DeFazio
    Section Image
  • Charles Lindsay

    Seller Co-Listing Agent in 2022

    Charles Lindsay

    BHHS Fox & Roach

    (610) 636-5285

    1 in this area

    35 Total Sales

    Charles Lindsay
    Section Image
  • Brooke Willmes

    Seller's Agent in 2017

    Brooke Willmes

    Keller Williams Main Line

    (267) 980-5858

    1 in this area

    138 Total Sales

    Brooke Willmes
    Section Image
  • Salvatore Gardner

    Seller Co-Listing Agent in 2017

    Salvatore Gardner

    Keller Williams Main Line

    (215) 880-7893

    29 Total Sales

    Salvatore Gardner
    Section Image
  • Michael Garden

    Seller's Agent in 2014

    Michael Garden

    Compass RE

    (215) 500-2981

    105 Total Sales

    Michael Garden
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2094232

Bright MLS

APN: 182135600

Pennsylvania Philadelphia County Philadelphia 19122 Olde Kensington

1432 N Cadwallader St, Philadelphia, PA

This home is located at 1432 N Cadwallader St, Philadelphia, PA 19122 since 25 March 2022 and is currently estimated at $888,607, approximately $274 per square foot. This property was built in 1920. 1432 N Cadwallader St is a home located in Philadelphia County with nearby schools including John Moffet School, Penn Treaty School, and Al Aqsa Islamic Academy.

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