Seller's Agent in 2023
Rich Lauletta
Real of Pennsylvania
(856) 278-5509
2 in this area
31 Total Sales
1500 Dickinson St Philadelphia, PA 19146
Point Breeze NeighborhoodEstimated Value: $653,000 - $997,000
--
Bed
3
Baths
3,000
Sq Ft
$280/Sq Ft
Est. Value
Highlights
- Open Floorplan
- 3-minute walk to Tasker-Morris
- Bathtub with Shower
- Traditional Architecture
- Stainless Steel Appliances
- 3-minute walk to Di Silvestro Playground
About This Home
As of March 2023SO MANY ways to make the numbers work on this luxury corner TRIPLEX a block off Broad St! 1031 Exchange, Owner-Occupy a unit and live for pennies on the dollar, AirBNB, or just a standard trophy property in your portfolio! Everything is brand new, including roof, mechanicals, custom high end finishes such as lifeproof vinyl plank flooring throughout, custom cabinets, quartz counter tops, stainless steel appliances, and more...Which make this a minimal maintenance property that has a strong chance of appreciation as this neighborhood continues to boom!
Each unit is a large 2 bedroom, 1 bath apartment home with central HVAC and washer/dryer in unit. Custom tiled baths, large closets, and the 2nd and 3rd floor units have sliding doors to a balcony.
Units are currently vacant so it's easy to show. Expected rents are $2,250/each or $81,000/Year in income! Numbers look strong! 10 Year Tax Abatement pending, making this just under an 8 CAP!
Amazing location just a block from a Subway stop, and walking distance to a Sprout's Grocery Store, Target, Wine and Spirits, Dunkin Donuts...AND all of the shops and restaurants that E. Passyunk has to offer!
Last Agent to Sell the Property
Real of Pennsylvania License #2185462 Listed on: 01/24/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,808
Year Built
- Built in 1915 | Remodeled in 2022
Lot Details
- 1,238 Sq Ft Lot
- Lot Dimensions are 17.00 x 75.00
- Sprinkler System
- Property is in excellent condition
Home Design
- Triplex
- Traditional Architecture
- Flat Roof Shape
- Block Foundation
- Masonry
Interior Spaces
- Open Floorplan
- Combination Dining and Living Room
- Unfinished Basement
Kitchen
- Gas Oven or Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Disposal
- Instant Hot Water
Bedrooms and Bathrooms
- Dual Flush Toilets
- Bathtub with Shower
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Accessible Home Design
- Doors with lever handles
- Doors are 32 inches wide or more
Eco-Friendly Details
- Energy-Efficient Appliances
- ENERGY STAR Qualified Equipment for Heating
Utilities
- 90% Forced Air Heating and Cooling System
- 220 Volts
- Municipal Trash
Listing and Financial Details
- Tax Lot 56
- Assessor Parcel Number 365363805
Community Details
Overview
- 3 Units
- 3-Story Building
- Newbold Subdivision
Building Details
- 3 Vacant Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 24, 2023
Closed on
Mar 17, 2023
Sold by
1500 Dickinson Llc
Bought by
Bisio Roland
Seller's Agent
Rich Lauletta
Real of Pennsylvania
Buyer's Agent
Andre Quain
KW Empower
List Price
$940,000
Sold Price
$930,000
Premium/Discount to List
-$10,000
-1.06%
Views
81
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$89,969
Avg. Annual Appreciation
-4.20%
Original Mortgage
$696,663
Outstanding Balance
$679,851
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$157,275
Purchase Details
Closed on
Oct 17, 2019
Sold by
Word Of Deliverance Fwshp Ministries Inc
Bought by
1500 Dickinson Llc
Purchase Details
Closed on
Oct 10, 2000
Sold by
Redevelopment Authority Of The City Of P
Bought by
Word Of Deliverance Fellowship Ministrie
Purchase Details
Closed on
Feb 11, 1997
Sold by
Johnson Clarence and Johnson Gloria
Bought by
City Of Philadelphia
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bisio Roland | $930,000 | None Listed On Document | |
| 1500 Dickinson Llc | $250,000 | Surety Abstract Services Llc | |
| Word Of Deliverance Fellowship Ministrie | $16,500 | -- | |
| Redevelopment Authority Of The City Of P | -- | -- | |
| City Of Philadelphia | -- | Penn Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bisio Roland | $696,663 | |
| Previous Owner | 1500 Dickinson Llc | $81,000 | |
| Previous Owner | 1500 Dickinson Llc | $385,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/17/2023 03/17/23 | Sold | $930,000 | -1.1% | $310 / Sq Ft |
| 02/13/2023 02/13/23 | Pending | -- | -- | -- |
| 01/24/2023 01/24/23 | For Sale | $940,000 | -- | $313 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,895 | $663,400 | $132,680 | $530,720 |
| 2024 | $2,895 | $663,400 | $132,680 | $530,720 |
| 2023 | $9,808 | $700,700 | $140,140 | $560,560 |
| 2022 | $2,258 | $700,700 | $140,140 | $560,560 |
| 2021 | $637 | $0 | $0 | $0 |
| 2020 | $637 | $0 | $0 | $0 |
| 2019 | $592 | $0 | $0 | $0 |
| 2018 | $430 | $0 | $0 | $0 |
| 2017 | $430 | $0 | $0 | $0 |
| 2016 | $1,954 | $0 | $0 | $0 |
| 2015 | $1,871 | $0 | $0 | $0 |
| 2014 | -- | $139,600 | $15,716 | $123,884 |
| 2012 | -- | $5,664 | $917 | $4,747 |
Source: Public Records
Agents Affiliated with this Home
-
Rich Lauletta
-
William B. Spinner
Seller Co-Listing Agent in 2023
William B. Spinner
Real Broker, LLC
(855) 450-0442
1 in this area
72 Total Sales
-
Andre Quain
Buyer's Agent in 2023
Andre Quain
KW Empower
(215) 500-9180
19 in this area
130 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2196954
APN: 365363805
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