NOT LISTED FOR SALE

Estimated Value: $464,025 - $513,000

-- Bed
3 Baths
1,845 Sq Ft
$264/Sq Ft Est. Value

Last Sold June 12, 2018

Last sale price $355,000 $192 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,974/month

Highlights

  • No HOA
  • Laundry Facilities
  • Radiator
  • En-Suite Primary Bedroom

About This Home

As of June 2018

A true-blue, zoned and metered TRIPLEX in the heart of South Philadelphia! Blocks from the Broad Street Subway, minutes from the stadiums and walkable to the best of East Passyunk and Point Breeze, this property offers a tremendous opportunity to the investor or savvy owner-occupant. Third floor efficiency unit is leased for $600/month until April of 2020. Second and first floor one-bedroom units are owner occupied and feature open kitchen and living space. Move right in, or undertake some small renovations for even greater profit potential. Don't delay, schedule your showing today!

Last Agent to Sell the Property

Walbert Young

wyoung@remaxcentralinc.com RE/MAX Central - South Philadelphia Listed on: 04/10/2018

Last Buyer's Agent

Emily Chan

emilychan@tjbgc.com Philly Real Estate License #RS300470

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,578

Year Built

  • Built in 1919

Lot Details

  • 910 Sq Ft Lot
  • Lot Dimensions are 15x60

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,845 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 261043200

Community Details

Overview

  • No Home Owners Association
  • Melrose Subdivision

Additional Features

  • Laundry Facilities
  • Operating Expense $2,578

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,578

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: Washer And Dryer
  • New Construction: No
  • Year Built: 1919
  • Remarks Public: A true-blue, zoned and metered TRIPLEX in the heart of South Philadelphia! Blocks from the Broad Street Subway, minutes from the stadiums and walkable to the best of East Passyunk and Point Breeze, this property offers a tremendous opportunity to the investor or savvy owner-occupant. Third floor efficiency unit is leased for $600/month until April of 2020. Second and first floor one-bedroom units are owner occupied and feature open kitchen and living space. Move right in, or undertake some small renovations for even greater profit potential. Don't delay, schedule your showing today!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Common
  • Total Sq Ft: 1845
  • Living Area Sq Ft: 1845
  • Price Per Sq Ft: 192.41
  • Above Grade Finished Sq Ft: 1845
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1520

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Radiator
  • 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

  • Improvement Assessed Value: 152886.00
  • Land Assessed Value: 31314.00
  • Land Use Code: U50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 15X60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 910.00
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3
  • Single Room Units Count: 1

Tax Info

  • Assessor Parcel Number: 1039873
  • Tax Annual Amount: 2578.00
  • Assessor Parcel Number: 261043200
  • Tax Lot: 49
  • Tax Year: 2018
  • Close Date: 06/12/2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2018
Closed on
Jun 12, 2018
Sold by
Smith Mark
Bought by
Airz Llc
Seller's Agent
Walbert Young
RE/MAX Central - South Philadelphia
Buyer's Agent
Emily Chan
Philly Real Estate
List Price
$355,000
Sold Price
$355,000
Current Estimated Value
$487,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,675
Avg. Annual Appreciation
4.40%
Original Mortgage
$23,750
Outstanding Balance
$20,540
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$467,135

Purchase Details

Listed on
Apr 15, 2015
Closed on
Jul 7, 2015
Sold by
Vanmai Danh
Bought by
Smith Mark
Seller's Agent
Yun Lu
Target Realty
Buyer's Agent
Shirlene Goff
KW Empower
List Price
$239,900
Sold Price
$239,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.31%
Original Mortgage
$235,554
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 9, 2003
Sold by
Arev Eyal
Bought by
Vanmai Danh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,950
Interest Rate
6.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 2000
Sold by
Ciurlino Marcello
Bought by
Arev Eyal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,675
Interest Rate
7.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 18, 1998
Sold by
Ciurlino Franco
Bought by
Ciurlino Marcello

Purchase Details

Closed on
May 8, 1997
Sold by
Capone Joseph P and Capone Denise
Bought by
Ciurlino Franco
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
Airz Llc $355,000 First City Abstract Agency I
Smith Mark $239,900 None Available
Vanmai Danh $163,000 --
Arev Eyal $84,900 First American Title Ins Co
Ciurlino Marcello -- --
Ciurlino Franco $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Airz Llc $23,750
Previous Owner Smith Mark $235,554
Previous Owner Vanmai Danh $105,950
Previous Owner Arev Eyal $63,675
Closed Vanmai Danh $24,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2018 06/12/18 Sold $355,000 0.0% $192 / Sq Ft
04/22/2018 04/22/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $355,000 +48.0% $192 / Sq Ft
07/07/2015 07/07/15 Sold $239,900 0.0% $130 / Sq Ft View Prior Sale
05/12/2015 05/12/15 Pending -- -- --
04/15/2015 04/15/15 For Sale $239,900 -- $130 / 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 $4,987 $385,600 $77,120 $308,480
2024 $4,987 $385,600 $77,120 $308,480
2023 $4,987 $356,300 $71,260 $285,040
2022 $4,274 $356,300 $71,260 $285,040
2021 $4,274 $0 $0 $0
2020 $4,274 $0 $0 $0
2019 $4,038 $0 $0 $0
2018 $2,578 $0 $0 $0
2017 $2,578 $0 $0 $0
2016 $2,578 $0 $0 $0
2015 $2,468 $0 $0 $0
2014 -- $184,200 $16,190 $168,010
2012 -- $17,216 $2,685 $14,531
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000400686

Bright MLS

APN: 261043200