NOT LISTED FOR SALE

Estimated Value: $572,491 - $695,000

-- Bed
4 Baths
2,510 Sq Ft
$252/Sq Ft Est. Value

Last Sold May 04, 2020

Last sale price $524,762 $209 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,114/month

20 Days on Market

Highlights

  • Curved or Spiral Staircase
  • No HOA
  • Skylights
  • Wood Flooring
  • Balcony
  • 3-minute walk to Pennsport Veterans Memorial

About This Home

As of May 2020

This 4-unit residential building is located in the Pennsport/Dickinson Narrows area of Philadelphia, just south of Queen Village & east of Passyunk Square. This neighborhood has so much to offer, and is convenient to public transportation and highways. You'll be just minutes from i-95 and the Walt Whitman Bridge, and walking distance from Jefferson Square and Sacks Playground, Heron Playground, Dickinson Square Park, Federal Donuts, Caffe Valentino, Milk + Sugar Sweets Truck, Grindcore House, Taco Loco, and a short drive to convenient spots along Columbus Ave. The unit mix allows for a highly profitable rent roll, with two studio apartments, and two spacious 2-bedroom units. Building features include a large basement with street access, laundry facilities and storage for tenants, as well as multiple outdoor spaces to enjoy. The units offer marketable features like hardwood floors, private balconies, a spiral staircase (this unit also has a "furniture entrance" from the upper level hallway), skylights, vaulted ceilings, and unit 3 also has in-unit laundry. Schedule your private tour today!

Last Agent to Sell the Property

Ariel Morgenstein

JG Real Estate LLC License #2332837 Listed on: 02/12/2020

JG Real Estate LLC

Last Buyer's Agent

Yael Leiner

Settle Down Philadelphia

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,538

Year Built

  • Built in 1915

Lot Details

  • 1,280 Sq Ft Lot
  • Lot Dimensions are 16.00 x 80.00

Home Design

  • Quadruplex
  • Masonry

Interior Spaces

  • 2,510 Sq Ft Home
  • Curved or Spiral Staircase
  • Ceiling Fan
  • Skylights
  • Basement
  • Front Basement Entry

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Microwave

Flooring

  • Wood
  • Tile or Brick

Laundry

  • Dryer
  • Washer

Parking

  • Public Parking
  • On-Street Parking
  • Unassigned Parking

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Radiant Heating System
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for sewer, water
  • Tax Lot 14
  • Assessor Parcel Number 011333300

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Pennsport Subdivision

Building Details

  • Income includes apartment rentals
  • Gross Income $40,356

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,538

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: All tenant personal belongings
  • Inclusions: All appliances in as-is condition
  • New Construction: No
  • Year Built: 1915
  • Remarks Public: This 4-unit residential building is located in the Pennsport/Dickinson Narrows area of Philadelphia, just south of Queen Village & east of Passyunk Square. This neighborhood has so much to offer, and is convenient to public transportation and highways. You'll be just minutes from i-95 and the Walt Whitman Bridge, and walking distance from Jefferson Square and Sacks Playground, Heron Playground, Dickinson Square Park, Federal Donuts, Caffe Valentino, Milk + Sugar Sweets Truck, Grindcore House, Taco Loco, and a short drive to convenient spots along Columbus Ave. The unit mix allows for a highly profitable rent roll, with two studio apartments, and two spacious 2-bedroom units. Building features include a large basement with street access, laundry facilities and storage for tenants, as well as multiple outdoor spaces to enjoy. The units offer marketable features like hardwood floors, private balconies, a spiral staircase (this unit also has a "furniture entrance" from the upper level hallway), skylights, vaulted ceilings, and unit 3 also has in-unit laundry. Schedule your private tour today!
  • Special Features: None

Interior Features

  • Appliances: Dryer, Microwave, Oven/Range - Gas, Range Hood, Refrigerator, Washer
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Ceiling Fan(s), Skylight(s), Spiral Staircase
  • Basement: Yes
  • Basement Type: Front Entrance, Outside Entrance
  • Total Sq Ft: 2510
  • Living Area Sq Ft: 2510
  • Price Per Sq Ft: 209.12
  • Above Grade Finished Sq Ft: 2510
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1434

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
  • Parking Features: Public, Unassigned
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Hot Water & Baseboard - Electric, Radiant
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 141414.00
  • Land Assessed Value: 39886.00
  • Land Use Code: U50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 80.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1280.00
  • Outdoor Living Structures: Balcony, Patio(s)
  • Year Assessed: 2020
  • Zoning: RSA5

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Sewer, Water
  • Total Actual Rent: 42480.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 876453
  • School Tax: 1393.00
  • Tax Annual Amount: 2538.00
  • Assessor Parcel Number: 011333300
  • Tax Lot: 14
  • Tax Total Finished Sq Ft: 2510
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/04/2020

Multi Family

  • Gross Scheduled Income: 40356.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Single Room Units Count: 2
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2020
Closed on
Apr 17, 2020
Sold by
Evlund Llc
Bought by
Bahr Wael
Seller's Agent
Ariel Morgenstein
JG Real Estate LLC
Buyer's Agent
Yael Leiner
Settle Down Philadelphia
List Price
$524,900
Sold Price
$524,762
Premium/Discount to List
-$138
-0.03%
Current Estimated Value
$631,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,068
Avg. Annual Appreciation
3.18%
Original Mortgage
$515,256
Outstanding Balance
$463,910
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$154,904

Purchase Details

Closed on
Jan 12, 2006
Sold by
1434 South 5Th Street Llc
Bought by
Evlund Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,650
Interest Rate
1.4%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 4, 2005
Sold by
Easy Living Development Llp
Bought by
1434 South Fifth Street Llc

Purchase Details

Closed on
Mar 31, 2003
Sold by
Salera Jospeh R
Bought by
Easy Living Development Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 13, 1999
Sold by
Braude Jacqueline
Bought by
Salera Joseph R

Purchase Details

Closed on
Jan 16, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Braude Jay and Braude Jacqueline

Purchase Details

Closed on
Oct 31, 1994
Sold by
Green John D
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bahr Wael $524,762 None Available
Evlund Llc $340,850 None Available
1434 South Fifth Street Llc $170,000 --
Easy Living Development Llp $100,000 --
Salera Joseph R $24,000 Commonwealth Land Title Ins
Braude Jay $22,000 --
Federal Home Loan Mortgage Corporation $6,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bahr Wael $515,256
Previous Owner Evlund Llc $293,000
Previous Owner Evlund Llc $272,650
Previous Owner Easy Living Development Llp $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2020 05/04/20 Sold $524,762 0.0% $209 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $524,900 -- $209 / 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 $7,500 $456,900 $91,380 $365,520
2024 $7,500 $456,900 $91,380 $365,520
2023 $7,500 $535,800 $107,160 $428,640
2022 $2,538 $535,800 $107,160 $428,640
2021 $2,538 $0 $0 $0
2020 $2,538 $0 $0 $0
2019 $2,342 $0 $0 $0
2018 $2,342 $0 $0 $0
2017 $2,342 $0 $0 $0
2016 $2,342 $0 $0 $0
2015 $2,242 $0 $0 $0
2014 -- $167,300 $21,320 $145,980
2012 -- $9,280 $1,594 $7,686
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH870554

Bright MLS

APN: 011333300