NOT LISTED FOR SALE

Estimated Value: $711,025 - $834,000

-- Bed
3 Baths
3,150 Sq Ft
$249/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $700,000 $222 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,819/month

188 Days on Market

Highlights

  • Straight Thru Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • 1 Car Direct Access Garage
  • 2-minute walk to Columbus Square Park

About This Home

As of May 2022

FULLY LEASED RARE CORNER TRIPLEX WITH GARAGE IN PASSYUNK SQUARE! All 4 units are rented and on yearly leases. First Floor has a 1 bedroom 1 bath apartment with entrance on S. 12th St., electric heat, tile floors, and modern kitchen. The garage is accesssible via the main entrance on Dickinson St or the garage door. The garage has a additional storage room with half bath. The second floor is a modern 2 bedroom 1 bath apartment with laminate floors, modern bathroom, deck, and central air. The third floor is a 2 bedroom 1 bathroom apartment and has hardwood floors, modern kitchen, and modern bath. The owner pays the heat for 2nd and 3rd floors. The owner also pays the gas, cold water/sewer and trash bill. The tenants pay their own electric, and cable internet. Large corner property with tons of light in all apartments! Lots of windows! Great investment in a prime location! Come see!

Last Agent to Sell the Property

Michael Giordano Sr.

Century 21 Forrester Real Estate License #1758195 Listed on: 10/10/2020

Century 21 Forrester Real Estate

Last Buyer's Agent

Brittany Skinner

Keller Williams Main Line

Keller Williams Main Line

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,929

Year Built

  • Built in 1915

Lot Details

  • 1,206 Sq Ft Lot
  • Lot Dimensions are 18.00 x 67.00
  • Property is in excellent condition

Parking

  • 1 Car Direct Access Garage
  • Rear-Facing Garage

Home Design

  • 3,150 Sq Ft Home
  • Triplex
  • Straight Thru Architecture
  • Masonry

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Natural Gas Water Heater
  • Municipal Trash

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • 4 Units
  • 3-Story Building
  • Passyunk Square Subdivision

Listing and Financial Details

  • The owner pays for heat, water, sewer, real estate taxes, insurance, gas
  • Assessor Parcel Number 012477600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,929

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Exclusions: any and all appliances owned by Tenants and any personal or business property owned by Tenants
  • Inclusions: any and all appliances owned by Landlord and in Lease Agreements
  • New Construction: No
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Remarks Public: FULLY LEASED RARE CORNER TRIPLEX WITH GARAGE IN PASSYUNK SQUARE! All 4 units are rented and on yearly leases. First Floor has a 1 bedroom 1 bath apartment with entrance on S. 12th St., electric heat, tile floors, and modern kitchen. The garage is accesssible via the main entrance on Dickinson St or the garage door. The garage has a additional storage room with half bath. The second floor is a modern 2 bedroom 1 bath apartment with laminate floors, modern bathroom, deck, and central air. The third floor is a 2 bedroom 1 bathroom apartment and has hardwood floors, modern kitchen, and modern bath. The owner pays the heat for 2nd and 3rd floors. The owner also pays the gas, cold water/sewer and trash bill. The tenants pay their own electric, and cable internet. Large corner property with tons of light in all apartments! Lots of windows! Great investment in a prime location! Come see!
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Oven/Range - Gas, Dishwasher, Disposal
  • Flooring Type: Ceramic Tile, Hardwood, Laminated
  • Basement: Yes
  • Total Sq Ft: 3150
  • Living Area Sq Ft: 3150
  • Price Per Sq Ft: 253.94
  • Above Grade Finished Sq Ft: 3150
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1436

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 Spaces: 1.00
  • Garage: Yes
  • Garage Features: Inside Access, Garage - Rear Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Window Unit(s)
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Baseboard - Electric, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Electric Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Improvement Assessed Value: 265836.00
  • Land Assessed Value: 86264.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 18.00 x 67.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1206.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: RSA5

Rental Info

  • Existing Lease Type: Yearly, Month To Month
  • Number Of Units Month To Month: 1
  • Owner Pays: Heat, Water, Sewer, Taxes - Real Estate, Insurance, Gas
  • Rent Control: No
  • Total Actual Rent: 54000.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 881475
  • School Tax: 2704.00
  • Tax Annual Amount: 4929.00
  • Assessor Parcel Number: 012477600
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 05/31/2022

Multi Family

  • Gross Income: 54000.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2020
Closed on
May 24, 2022
Sold by
Lorenzina Chiappetta
Bought by
Alicea Alexandra Marie and Lipp Avi Joshua
Seller's Agent
Michael Giordano Sr.
Century 21 Forrester Real Estate
Buyer's Agent
Brittany Skinner
Keller Williams Main Line
List Price
$899,900
Sold Price
$700,000
Premium/Discount to List
-$199,900
-22.21%
Current Estimated Value
$769,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,422
Avg. Annual Appreciation
3.30%
Original Mortgage
$525,000
Outstanding Balance
$504,364
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$272,590

Purchase Details

Closed on
Jun 27, 1977
Bought by
Rosario Chiappetta and Rosario Lorenzina
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
Alicea Alexandra Marie $700,000 Greater Philadelphia Abstract
Rosario Chiappetta $43,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alicea Alexandra Marie $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $700,000 -12.5% $222 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
02/12/2021 02/12/21 Price Changed $799,900 -3.6% $254 / Sq Ft
01/04/2021 01/04/21 Price Changed $829,900 -7.8% $263 / Sq Ft
10/10/2020 10/10/20 For Sale $899,900 -- $286 / 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 $8,837 $747,400 $149,480 $597,920
2024 $8,837 $747,400 $149,480 $597,920
2023 $8,837 $631,300 $126,260 $505,040
2022 $4,929 $631,300 $126,260 $505,040
2021 $4,929 $0 $0 $0
2020 $4,929 $0 $0 $0
2019 $4,548 $0 $0 $0
2018 $3,431 $0 $0 $0
2017 $3,431 $0 $0 $0
2016 $3,431 $0 $0 $0
2015 $3,284 $0 $0 $0
2014 -- $245,100 $24,295 $220,805
2012 -- $16,640 $1,742 $14,898
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH941300

Bright MLS

APN: 012477600