$550,000
SOLD SEP 29, 2020
-- Bed
-- Bath
2,446 Sq Ft
938 Sq Ft Lot

Recently Sold

$225 Per Sq Ft

21% Below List Price

139 Days on Market

Highlights

  • Transitional Architecture
  • 2-minute walk to Spring Garden (Bss)
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • No HOA
  • Historic Home

About This Home

As of April 2025

Spring Garden Section! Multi-use retail storefront + 2 apartments!! Rarely offered multi-use property on thriving Spring Garden retail corridor. This property is the only 4-floor property on the block which allows for an additional 500 +/- sq of living space over its neighbors allowing for possible future outdoor deck possibilities. 1st floor: This 700+- sq ft retail space was recently used for years as a financial services business which is still outfitted with a two door man trap access room and a security pass-through window with bulletproof glass and partitions, 1/2 bath, kitchenette, and a full unfinished basement for additional storage with Bilco door access. Retail space also has a small rear outside area for possible table seating. This space is currently vacant and ready for your use or to be rented to boutique retail, food service, or professional user estimated rent $200-2700 a month n.n. 2nd 4th levels are occupied by 2 recently renovated apartments - a 1 bedroom 1 bath & a 2 Bedroom 1.5 bath unit with center HVAC systems and washer/dryer units currently under renting for $1150 and $1295 + utilities, (landlord pays for cold water), THIS IS A PHILADELPHIA REGISTERED HISTORIC PROPERTY!

Last Agent to Sell the Property

Jonathan Tori

Addison Real Estate Company Inc Listed on: 02/21/2020

Last Buyer's Agent

Jonathan Tori

Addison Real Estate Company Inc Listed on: 02/21/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,411

Year Built

  • Built in 1915 | Remodeled in 2011

Lot Details

  • 938 Sq Ft Lot
  • Lot Dimensions are 15.83 x 59.25
  • Historic Home
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • 2,446 Sq Ft Home
  • Triplex
  • Transitional Architecture
  • Flat Roof Shape
  • Stone Foundation
  • Masonry

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • 100 Amp Service
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Stove
  • Stacked Electric Washer and Dryer
  • Exterior Lighting
  • Unfinished Basement

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 40
  • Assessor Parcel Number 871514290

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 4-Story Building

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,411

Year Built

Built in 1915 | Remodeled in 2011

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Transitional
  • Ownership: Fee Simple
  • Historic: Yes
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1915
  • Year Renovated: 2011
  • Automatically Close On Close Date: No
  • Remarks Public: Spring Garden Section! Multi-use retail storefront + 2 apartments!! Rarely offered multi-use property on thriving Spring Garden retail corridor. This property is the only 4-floor property on the block which allows for an additional 500 +/- sq of living space over its neighbors allowing for possible future outdoor deck possibilities. 1st floor: This 700+- sq ft retail space was recently used for years as a financial services business which is still outfitted with a two door man trap access room and a security pass-through window with bulletproof glass and partitions, 1/2 bath, kitchenette, and a full unfinished basement for additional storage with Bilco door access. Retail space also has a small rear outside area for possible table seating. This space is currently vacant and ready for your use or to be rented to boutique retail, food service, or professional user estimated rent $200-2700 a month n.n. 2nd 4th levels are occupied by 2 recently renovated apartments - a 1 bedroom 1 bath & a 2 Bedroom 1.5 bath unit with center HVAC systems and washer/dryer units currently under renting for $1150 and $1295 + utilities, (landlord pays for cold water), THIS IS A PHILADELPHIA REGISTERED HISTORIC PROPERTY!
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer - Electric, Refrigerator, Stove, Washer, Washer/Dryer Stacked
  • Flooring Type: Carpet, Ceramic Tile, Laminated, Wood
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2446
  • Living Area Sq Ft: 2446
  • Price Per Sq Ft: 265.70
  • Above Grade Finished Sq Ft: 2446
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1507

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Sidewalks, Exterior Lighting
  • Roof: Flat
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Refuse: 250.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Natural Gas Available, Under Ground, Water Available, Sewer 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 366400.00
  • Land Assessed Value: 91600.00
  • Land Use Code: Y70
  • Lot Size Acres: 0.02
  • Lot Dimensions: 15.83 x 59.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 938.00
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: RM1
  • Zoning Description: RM-1

Rental Info

  • Owner Pays: Water
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 926570
  • School Tax: 3518.00
  • Tax Annual Amount: 6411.00
  • Assessor Parcel Number: 871514290
  • Tax Lot: 40
  • Tax Total Finished Sq Ft: 2446
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 09/29/2020

Multi Family

  • Number Of Units Vacant: 1
  • Single Room Units Count: 1

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Apr 8, 2025
Sold by
Kansai Japanese Sushi Inc
Bought by
Gao Bin
Seller's Agent
Zhan Su
Longlong Zhan Real Estate Investment
Buyer's Agent
Zhan Su
Longlong Zhan Real Estate Investment
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Views
97

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.89%
Original Mortgage
$250,000
Outstanding Balance
$250,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$252,352

Purchase Details

Listed on
Feb 21, 2020
Closed on
Sep 18, 2020
Sold by
Caroline Laganella Living Trust
Bought by
Kansai Japanese Sushi Inc
Seller's Agent
Jonathan Tori
Addison Real Estate Company Inc
Buyer's Agent
Jonathan Tori
Addison Real Estate Company Inc
List Price
$699,900
Sold Price
$550,000
Premium/Discount to List
-$149,900
-21.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.08%
Original Mortgage
$385,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 13, 2014
Sold by
Laganella Caroline
Bought by
Laganella Caroline and Caroline Laganella Living Trus

Purchase Details

Closed on
Jul 20, 1994
Sold by
Brookman Nathan and Brookman Betty
Bought by
Laganella Anthony S and Laganella Caroline J
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $500,000 None Listed On Document
Deed $550,000 Knights Abstract Inc
Interfamily Deed Transfer -- None Available
Deed $60,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Previous Owner $385,000 Future Advance Clause Open End Mortgage
Previous Owner $80,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2025 07/13/25 For Rent $1,650 0.0% --
04/11/2025 04/11/25 Sold $500,000 -9.1% $204 / Sq Ft
04/03/2025 04/03/25 For Sale $550,000 0.0% $225 / Sq Ft
04/03/2025 04/03/25 Price Changed $550,000 0.0% $225 / Sq Ft
12/31/2024 12/31/24 Price Changed $550,000 0.0% $225 / Sq Ft
12/31/2024 12/31/24 For Sale $550,000 0.0% $225 / Sq Ft
11/23/2024 11/23/24 Pending -- -- --
10/21/2024 10/21/24 Price Changed $550,000 -6.6% $225 / Sq Ft
07/11/2024 07/11/24 For Sale $589,000 +7.1% $241 / Sq Ft
09/29/2020 09/29/20 Sold $550,000 -15.4% $225 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
06/04/2020 06/04/20 Price Changed $649,900 -7.1% $266 / Sq Ft
05/07/2020 05/07/20 For Sale $699,900 +27.3% $286 / Sq Ft
03/17/2020 03/17/20 Off Market $550,000 -- --
02/21/2020 02/21/20 For Sale $699,900 -- $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 $8,424 $609,900 $121,980 $487,920
2024 $8,424 $609,900 $121,980 $487,920
2023 $8,424 $601,800 $120,360 $481,440
2022 $6,411 $601,800 $120,360 $481,440
2021 $6,411 $0 $0 $0
2020 $6,411 $0 $0 $0
2019 $6,348 $0 $0 $0
2018 $6,331 $0 $0 $0
2017 $5,608 $0 $0 $0
2016 $5,608 $0 $0 $0
2015 $5,368 $0 $0 $0
2014 -- $400,600 $39,261 $361,339
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: PAPH874236

Bright MLS

APN: 871514290