Seller's Agent in 2023
Leah Strenger
Elfant Wissahickon-Rittenhouse Square
(917) 941-8832
1 in this area
83 Total Sales
1507 N 17th St Philadelphia, PA 19121
North Philadelphia West NeighborhoodEstimated Value: $569,000 - $679,000
--
Bed
5
Baths
3,170
Sq Ft
$195/Sq Ft
Est. Value
About This Home
As of October 2023This fully occupied, legal, turnkey triplex near Temple University's campus is ready to be added to your portfolio! Boasting three generously sized 3-bedroom units, this impeccably maintained building has separately metered gas and electric, and each unit has its own forced air heating and air conditioning systems. Coin operated laundry and ample storage space is found in the clean and bright unfinished basement. The large fenced in backyard can be accessed through a shared alley on 17th Street or from the first floor unit. The building is also fully sprinklered. Located in a highly desirable area, this property benefits from its proximity to Temple University and Broad Street, ensuring a constant flow of potential tenants. Unit 1- 3 beds, 3.5 baths, $1600/month; Unit 2 - 3 beds, 2 baths, $1515/month; Unit 3 - 3 beds, 2 baths $1459/month for a 7% cap rate.
Last Agent to Sell the Property
Elfant Wissahickon-Rittenhouse Square License #rs328294 Listed on: 09/26/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,764
Year Built
- Built in 1915
Lot Details
- 2,341 Sq Ft Lot
- Lot Dimensions are 23.00 x 100.00
- Property is in very good condition
Home Design
- 3,170 Sq Ft Home
- Triplex
- AirLite
- Masonry
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 148
- Assessor Parcel Number 471251800
Community Details
Overview
- 3 Units
Building Details
- Gross Income $52,809
- Net Operating Income $36,077
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2019
Closed on
Oct 14, 2019
Sold by
Wei Ziyue and Ou Ni
Bought by
Mcgee Celine
Seller's Agent
Frank DeFazio
BHHS Fox & Roach-Center City Walnut
Buyer's Agent
Colleen Monaghan
KW Empower
List Price
$600,000
Sold Price
$585,000
Premium/Discount to List
-$15,000
-2.5%
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
$33,465
Avg. Annual Appreciation
1.28%
Original Mortgage
$438,750
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 10, 2017
Closed on
Jun 27, 2017
Sold by
1507 N 17Th Street Llc
Bought by
Wei Ziyae and Ou Ni
Seller's Agent
David Snyder
KW Empower
Buyer's Agent
ADELE GERNGROSS
Keller Williams Philadelphia
List Price
$500,000
Sold Price
$490,100
Premium/Discount to List
-$9,900
-1.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%
Original Mortgage
$374,250
Interest Rate
3.94%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 28, 2009
Sold by
G-8 Development Llc
Bought by
1507 N 17 Street Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,750
Interest Rate
5.43%
Mortgage Type
Construction
Purchase Details
Closed on
May 11, 2009
Sold by
National Temple Non Profit Corporation
Bought by
G-8 Development Llc
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 |
|---|---|---|---|
| Mcgee Celine | $585,000 | World Wide Land Transfer Tnc | |
| Wei Ziyae | $501,000 | None Available | |
| 1507 N 17 Street Llc | $151,000 | None Available | |
| G-8 Development Llc | $120,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcgee Celine | $444,000 | |
| Closed | Mcgee Celine | $438,750 | |
| Previous Owner | Wei Ziyae | $374,250 | |
| Previous Owner | 1507 N 17 Street Llc | $378,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/31/2023 10/31/23 | Sold | $515,000 | -2.8% | $162 / Sq Ft |
| 09/26/2023 09/26/23 | For Sale | $530,000 | -9.4% | $167 / Sq Ft |
| 10/17/2019 10/17/19 | Sold | $585,000 | 0.0% | $169 / Sq Ft |
| 10/16/2019 10/16/19 | Sold | $585,000 | -2.3% | $169 / Sq Ft |
| 08/28/2019 08/28/19 | Price Changed | $599,000 | -1.8% | $173 / Sq Ft |
| 08/22/2019 08/22/19 | Price Changed | $610,000 | -2.4% | $176 / Sq Ft |
| 07/29/2019 07/29/19 | For Sale | $625,000 | +6.8% | $180 / Sq Ft |
| 05/20/2019 05/20/19 | Off Market | $585,000 | -- | -- |
| 04/15/2019 04/15/19 | For Sale | $600,000 | +22.4% | $173 / Sq Ft |
| 06/27/2017 06/27/17 | Sold | $490,100 | -2.0% | $141 / Sq Ft |
| 05/25/2017 05/25/17 | Pending | -- | -- | -- |
| 05/10/2017 05/10/17 | For Sale | $500,000 | -- | $144 / 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 | $7,765 | $581,500 | $116,300 | $465,200 |
| 2024 | $7,765 | $581,500 | $116,300 | $465,200 |
| 2023 | $9,461 | $554,700 | $110,940 | $443,760 |
| 2022 | $6,886 | $675,900 | $135,180 | $540,720 |
| 2021 | $6,886 | $0 | $0 | $0 |
| 2020 | $6,886 | $0 | $0 | $0 |
| 2019 | $6,656 | $0 | $0 | $0 |
| 2018 | $5,893 | $0 | $0 | $0 |
| 2017 | $5,893 | $0 | $0 | $0 |
| 2016 | $5,893 | $0 | $0 | $0 |
| 2015 | $3,887 | $0 | $0 | $0 |
| 2014 | -- | $290,100 | $16,498 | $273,602 |
| 2012 | -- | $13,408 | $320 | $13,088 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Tom Fior
Coldwell Banker Realty
(215) 900-7527
1 in this area
45 Total Sales
-
Buyer Co-Listing Agent in 2023
Steven Eckell
Coldwell Banker Realty
(484) 432-0720
1 in this area
84 Total Sales
-
Seller's Agent in 2019
Frank DeFazio
BHHS Fox & Roach
(610) 636-4364
5 in this area
269 Total Sales
-
Seller Co-Listing Agent in 2019
Matthew Karlson
BHHS Fox & Roach
(800) 651-0800
2 in this area
53 Total Sales
-
C
Buyer's Agent in 2019
Colleen Monaghan
KW Empower
(215) 530-4557
53 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2279328
APN: 471251800
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