NOT LISTED FOR SALE

1502 W Erie Ave Philadelphia, PA 19140

Tioga Neighborhood

Estimated Value: $70,386 - $84,000

0.03 Acre
$2,515,400 Price per Acre
1,455 Sq Ft Lot

Last Sold April 18, 2024

Last sale price $65,000

Est. 16% increase in value since last sale

Current estimated payment $435/month

216 Days on Market

About This Lot

As of April 2024

APPROVED 3 UNIT TEMPLE HOSPITAL DEVELOPMENT OPPORTUNITY. Approved 3 unit lot to be sold with zoning permits allowing the buyer to quickly move through building permits and break ground. This multi-family rental was thoughtfully designed by leading Philadelphia architecture firm HDO with the intention of maximizing rental price and building value. Full plans and additional info available on request. Flooplans and elevations available in documents section. Can be sold together or separately with 1504 Erie Ave.

Last Agent to Sell the Property

Jonathan Beaulieu

jon.beaulieu@jbmpgroup.com JBMP Group Listed on: 08/29/2023

Last Buyer's Agent

Samantha Miller

(215) 692-3107 samantha@select-ca.com Select Commercial Advisors License #RS352351

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $443

Lot Details

  • 1,455 Sq Ft Lot
  • Lot Dimensions are 15.00 x 97.00
  • Property is zoned RSA5

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 216
  • Assessor Parcel Number 131040500

Property Details

Property Type

Land

Est. Annual Taxes

$443

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Automatically Close On Close Date: No
  • Remarks Public: APPROVED 3 UNIT TEMPLE HOSPITAL DEVELOPMENT OPPORTUNITY. Approved 3 unit lot to be sold with zoning permits allowing the buyer to quickly move through building permits and break ground. This multi-family rental was thoughtfully designed by leading Philadelphia architecture firm HDO with the intention of maximizing rental price and building value. Full plans and additional info available on request. Flooplans and elevations available in documents section. Can be sold together or separately with 1504 Erie Ave.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 37.80
  • Street Number Modifier: 1502

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • 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

Lot Info

  • Additional Parcels: No
  • Land Use Code: SR
  • Lot Size Acres: 0.03
  • Lot Dimensions: 15.00 x 97.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1455.00
  • Year Assessed: 2023
  • Zoning: RSA5
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 243.00
  • Tax Annual Amount: 443.00
  • Assessor Parcel Number: 131040500
  • Tax Lot: 216
  • Tax Year: 2023
  • Close Date: 04/18/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2023
Closed on
Apr 18, 2024
Sold by
Tower Hill Investments Llc
Bought by
Erie Street Associates Llc
Seller's Agent
Jonathan Beaulieu
JBMP Group
Buyer's Agent
Samantha Miller
Select Commercial Advisors
List Price
$75,000
Sold Price
$65,000
Premium/Discount to List
-$10,000
-13.33%
Views
74
Current Estimated Value
$75,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,462
Avg. Annual Appreciation
0.33%

Purchase Details

Closed on
Mar 9, 2020
Sold by
Walton Sonja Y
Bought by
Tower Hill Investments Llc

Purchase Details

Closed on
Sep 20, 2004
Sold by
Jackson Robert E and Bohler Harold
Bought by
Walton Sonja Y
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Erie Street Associates Llc $65,000 None Listed On Document
Tower Hill Investments Llc $19,500 Commonground Abstract Llc
Walton Sonja Y $8,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2024 04/18/24 Sold $65,000 +18.2% --
04/01/2024 04/01/24 Pending -- -- --
10/24/2023 10/24/23 Price Changed $55,000 -26.7% --
08/29/2023 08/29/23 For Sale $75,000 -- --
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 $444 $32,200 $32,200 --
2024 $444 $32,200 $32,200 --
2023 $444 $31,700 $31,700 $0
2022 $94 $31,700 $31,700 $0
2021 $94 $0 $0 $0
2020 $94 $0 $0 $0
2019 $94 $0 $0 $0
2018 $94 $0 $0 $0
2017 $94 $0 $0 $0
2016 $101 $0 $0 $0
2015 $96 $0 $0 $0
2014 -- $7,200 $7,200 $0
2012 -- $1,600 $1,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Beaulieu

    Seller's Agent in 2024

    Jonathan Beaulieu

    JBMP Group

    (267) 619-2108

    3 in this area

    67 Total Sales

    Jonathan Beaulieu
    Section Image
  • Samantha Miller

    Buyer's Agent in 2024

    Samantha Miller

    Select Commercial Advisors

    (215) 692-3107

    1 in this area

    101 Total Sales

    Samantha Miller
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2272694

Bright MLS

APN: 131040500

Pennsylvania Philadelphia County Philadelphia 19140 Tioga

1502 W Erie Ave, Philadelphia, PA

This home is located at 1502 W Erie Ave, Philadelphia, PA 19140 since 29 August 2023 and is currently estimated at $75,462. 1502 W Erie Ave is a home located in Philadelphia County with nearby schools including Kenderton Elementary, Mastery Schools Grover Cleveland Elementary, and Mastery Prep Elementary Charter School.

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