NOT LISTED FOR SALE

Estimated Value: $650,000 - $1,340,664

-- Bed
4 Baths
-- Sq Ft
1,134 Sq Ft Lot

Last Sold January 28, 2019

Last sale price $905,000

Est. 7% increase in value since last sale

Current estimated payment $5,348/month

15 Days on Market

Highlights

  • Newly Remodeled
  • 3-minute walk to Girard (Mfl)
  • Central Air
  • No HOA
  • En-Suite Primary Bedroom
  • 3-minute walk to Hancock Park

About This Home

As of January 2019

Investor or owner occupy! This New Construction, 10 year tax abated Duplex with 5 car garage parking and 1 motorcycle/storage garage is a great opportunity either to rent the entire building out or live in one of the units and rent the other for passive income. The second floor unit is a 2 bedroom, 1 bathroom flat with a rear deck. The third and forth floor bi-level unit boasts 3 bedrooms, 3 bathrooms, 2 balconies and a huge roof deck with 360 degree views highlighting the skyline & the Ben Franklin Bridge. 5 garage stalls can accommodate a car and the 6th can be used for a motorcycle/scooter garage or simply storage. Total projected rent $5,675.00, Project rent break down: 2bed/1bath $1800, 3bed/3bath $2500, 5 garages $250 each, 1 motorcycle garage $125. Rendering is of this property, interior finish photos are of builders previous project.

Last Agent to Sell the Property

Frank DeFazio

BHHS Fox & Roach-Center City Walnut Listed on: 08/14/2018

BHHS Fox & Roach-Center City Walnut

Co-Listed By

Anthony Delgott

Keller Williams Main Line

Last Buyer's Agent

Thailan Lim

Compass RE

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,144

Year Built

  • Built in 1925 | Newly Remodeled

Lot Details

  • 1,134 Sq Ft Lot
  • Lot Dimensions are 18x63

Home Design

  • Duplex
  • Brick Exterior Construction

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • Laundry in unit

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 884588280

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Olde Kensington Subdivision

Building Details

  • Insurance Expense $2,000
  • Other Expense $2,000
  • Operating Expense $5,144

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,144

Year Built

Built in 1925 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: Yes
  • Other Expense: 2000.00
  • Year Built: 1925
  • Special Features: NewHome
  • Stories: 0

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 144

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 5
  • Total Garage And Parking Spaces: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Land Use Code: LC0
  • Lot Size Acres: 0.03
  • Lot Dimensions: 18X63
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1134.00
  • Zoning: CMX2

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 1144.00
  • Assessor Parcel Number: 884588280
  • Tax Lot: 57
  • Tax Year: 2018
  • Close Date: 01/28/2019

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2018
Closed on
Jan 28, 2019
Sold by
Aald Holdings Llc
Bought by
Girard 144 Llc
Seller's Agent
Frank DeFazio
BHHS Fox & Roach-Center City Walnut
Buyer's Agent
Thailan Lim
Compass RE
List Price
$900,000
Sold Price
$905,000
Premium/Discount to List
$5,000
0.56%
Total Days on Market
15
Current Estimated Value
$968,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,555
Avg. Annual Appreciation
1.08%
Original Mortgage
$588,250
Outstanding Balance
$523,308
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$445,247

Purchase Details

Closed on
Jul 28, 2017
Sold by
Katzen Everett and Lehman Amanda
Bought by
Aald Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,000
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 20, 2013
Sold by
Luksenberg David and Luksenberg David
Bought by
Katzen Everett and Lehman Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
4.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 12, 2009
Sold by
Tomarchio Michael N
Bought by
Luksenberg David and Luksenberg Steven Z

Purchase Details

Closed on
Mar 15, 2006
Sold by
Torralvo Edward J
Bought by
Tomarchio Michael N

Purchase Details

Closed on
Jun 9, 2003
Sold by
Crespo David
Bought by
Torralvo Edward J

Purchase Details

Closed on
Aug 31, 2001
Sold by
Garcia Francisco
Bought by
Crespo David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.99%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 7, 1998
Sold by
Vidro Wilfred
Bought by
Garcia Francisco
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
Girard 144 Llc $905,000 None Available
Aald Holdings Llc $275,000 Olde Capital Abstract Inc
Katzen Everett $140,000 None Available
Luksenberg David $130,000 None Available
Tomarchio Michael N $125,000 None Available
Torralvo Edward J $25,000 --
Crespo David $23,000 --
Garcia Francisco $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Girard 144 Llc $588,250
Previous Owner Aald Holdigs Llc $55,000
Previous Owner Aald Holdings Llc $467,000
Previous Owner Katzen Everett $98,000
Previous Owner Crespo David $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Sold $905,000 +0.6% --
08/29/2018 08/29/18 Pending -- -- --
08/14/2018 08/14/18 For Sale $900,000 -- --
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 $2,492 $890,000 $178,000 $712,000
2024 $2,492 $890,000 $178,000 $712,000
2023 $2,492 $890,000 $178,000 $712,000
2022 $3,583 $178,000 $178,000 $0
2021 $12,458 $0 $0 $0
2020 $5,824 $0 $0 $0
2019 $1,428 $0 $0 $0
2018 $1,144 $0 $0 $0
2017 $605 $0 $0 $0
2016 $605 $0 $0 $0
2015 $579 $0 $0 $0
2014 -- $43,200 $17,300 $25,900
2012 -- $16,000 $6,400 $9,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002233460

Bright MLS

APN: 182154705