NOT LISTED FOR SALE

Estimated Value: $483,859

-- Bed
2 Baths
2,385 Sq Ft
$203/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $399,900 $168 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,888/month

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Gas
  • Mobility Improvements
  • Central Air

About This Home

As of September 2018

Multi family investment property. Total renovated first used as a professional office with handicap ramp, new bathroom, all new systems. Second floor large modern apartment with new kitchen and bathroom and central air. Second floor new bathroom and kitchen hardwood flooring, central air. This building is total renovated, with all separate utilities, walking distance to Broad Street, Passyunk square, center city, public transportation, ect....

Last Agent to Sell the Property

Mario Tropea III

(215) 833-6304 mariospectrum3@gmail.com Spectrum Realty Listed on: 07/16/2018

Last Buyer's Agent

Emily Chan

emilychan@tjbgc.com Philly Real Estate License #RS300470

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,735

Year Built

  • Built in 1938

Lot Details

  • 1,173 Sq Ft Lot
  • Lot Dimensions are 17x70

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,385 Sq Ft Home
  • Basement Fills Entire Space Under The House

Accessible Home Design

  • Mobility Improvements

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 871171750

Community Details

Overview

  • No Home Owners Association
  • Point Breeze Subdivision

Building Details

  • Operating Expense $3,735

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,735

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Accessibility Features: Mobility Improvements
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2385
  • Living Area Sq Ft: 2385
  • Price Per Sq Ft: 167.67
  • Above Grade Finished Sq Ft: 2385
  • Above Grade Finished Area Units: Square Feet

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: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • 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

Lot Info

  • Improvement Assessed Value: 213440.00
  • Land Assessed Value: 53360.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 17X70
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1173.00
  • Zoning: CMX1

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1125053
  • Tax Annual Amount: 3735.00
  • Assessor Parcel Number: 871171750
  • Tax Lot: 48
  • Tax Year: 2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2018
Closed on
Sep 21, 2018
Sold by
Balsama Richard A
Bought by
1528 Wharton Llc
Seller's Agent
Mario Tropea III
Spectrum Realty
Buyer's Agent
Emily Chan
Philly Real Estate
List Price
$399,900
Sold Price
$399,900
Current Estimated Value
$483,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,959
Avg. Annual Appreciation
2.72%
Original Mortgage
$270,000
Outstanding Balance
$234,971
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$248,888

Purchase Details

Closed on
Jun 7, 2018
Sold by
Tran Jerry
Bought by
Foundations Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$501,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2016
Sold by
Kumas And Lasky Holdings
Bought by
Ira Development

Purchase Details

Closed on
Jun 28, 2016
Sold by
Imperato Christina and Balsama Richard A
Bought by
Balsama Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 18, 2012
Closed on
Feb 6, 2015
Sold by
Palmer Clarence and Estate Of Theresa Palmer
Bought by
Ben Frank Investment Co Llc
Seller's Agent
Mary Beth Driscoll
Keller Williams Real Estate-Blue Bell
Buyer's Agent
Mary Beth Driscoll
Keller Williams Real Estate-Blue Bell
List Price
$320,000
Sold Price
$250,000
Premium/Discount to List
-$70,000
-21.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%

Purchase Details

Listed on
Aug 18, 2012
Closed on
Jan 15, 2015
Sold by
Kary Melissa A
Bought by
Imperato Christina and Balsama Richard A
Seller's Agent
Mary Beth Driscoll
Keller Williams Real Estate-Blue Bell
Buyer's Agent
Mary Beth Driscoll
Keller Williams Real Estate-Blue Bell
List Price
$320,000
Sold Price
$250,000
Premium/Discount to List
-$70,000
-21.88%

Purchase Details

Closed on
Oct 26, 2014
Sold by
Mcelroy Alma and Bowman Isaac
Bought by
Kumas & Lasky Holdings Llc

Purchase Details

Closed on
Nov 20, 2006
Sold by
Rbf Management Llc
Bought by
Kary Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 2003
Sold by
Reid Rusha and Reid Melvina
Bought by
Rbf Management Llc
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
1528 Wharton Llc $394,900 First City Abstract Agency I
Foundations Property Management Llc $30,000 Olde City Abstract Inc
Ira Development -- None Available
Balsama Richard A $150,000 Global Abstract Co Llc
Ben Frank Investment Co Llc $12,759 Surety Abstract Services Llc
Imperato Christina $250,000 Global Abstract Co Inc
Kumas & Lasky Holdings Llc $2,750 None Available
Kary Melissa A $228,000 None Available
Rbf Management Llc $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1528 Wharton Llc $270,000
Previous Owner Foundations Property Management Llc $501,000
Previous Owner Balsama Richard A $76,000
Previous Owner Kary Melissa A $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2018 09/21/18 Sold $399,900 0.0% $168 / Sq Ft
07/23/2018 07/23/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $399,900 +60.0% $168 / Sq Ft
01/15/2015 01/15/15 Sold $250,000 -21.9% $109 / Sq Ft View Prior Sale
12/09/2014 12/09/14 Pending -- -- --
08/18/2012 08/18/12 For Sale $320,000 -- $140 / 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 $4,274 $345,000 $69,000 $276,000
2024 $4,274 $345,000 $69,000 $276,000
2023 $4,274 $305,300 $61,060 $244,240
2022 $3,884 $305,300 $61,060 $244,240
2021 $3,884 $0 $0 $0
2020 $3,884 $0 $0 $0
2019 $3,847 $0 $0 $0
2018 $3,735 $0 $0 $0
2017 $1,599 $0 $0 $0
2016 $1,583 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $114,200 $29,300 $84,900
2012 -- $16,000 $3,200 $12,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002069124

Bright MLS

APN: 871171750