NOT LISTED FOR SALE

1539 Adams Ave Philadelphia, PA 19124

Frankford Neighborhood

Estimated Value: $233,000 - $277,941

-- Bed
4 Baths
2,152 Sq Ft
$119/Sq Ft Est. Value

Last Sold February 01, 2024

Last sale price $237,755 $110 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,563/month

52 Days on Market

Highlights

  • Corner Lot
  • 4-minute walk to Church
  • Hot Water Heating System
  • 1 Car Detached Garage
  • Parking Storage or Cabinetry
  • 5-minute walk to Womrath Park

About This Home

As of February 2024

Great investment opportunity located in Frankford! This 4 unit Quadplex is fully rented, located on a large corner lot, this opportunity also has a large detached GARAGE and a transferrable roof warranty. There are 2 studio units , 1 (2-bedroom unit), and 1 (1-Bedroom unit) all with separate gas and electric. The property also has a oversized detached garage that can be rented for additional income. This opportunity offers proximity to bus lines, train stations, and I-95. Great investment will not last long at this price, make your appointment today to see!

Last Agent to Sell the Property

Frank Causey

(843) 467-8702 Selectfrankc@gmail.com Homestarr Realty License #RS335028 Listed on: 11/01/2023

Homestarr Realty

Last Buyer's Agent

Frank Causey

(843) 467-8702 Selectfrankc@gmail.com Homestarr Realty License #RS335028 Listed on: 11/01/2023

Homestarr Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,560

Year Built

  • Built in 1940

Lot Details

  • 1,600 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Detached Garage
  • Parking Storage or Cabinetry

Home Design

  • 2,152 Sq Ft Home
  • Quadruplex
  • Converted Dwelling
  • Concrete Perimeter Foundation
  • Masonry

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 66
  • Assessor Parcel Number 232005300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,560

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Exclusions: tenant's personal property
  • New Construction: No
  • Year Built: 1940
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2152
  • Living Area Sq Ft: 2152
  • Price Per Sq Ft: 123.09
  • Above Grade Finished Sq Ft: 2152
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1539

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Covered Parking, Additional Storage Area
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: W31
  • Lot Features: Corner
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1600.00
  • Year Assessed: 2023
  • Zoning: RSA5

Rental Info

  • Rent Control: No
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • School Tax: 1404.00
  • Tax Annual Amount: 2560.00
  • Assessor Parcel Number: 232005300
  • Tax Lot: 66
  • Tax Year: 2023
  • Close Date: 02/01/2024

Multi Family

  • Single Room Units Count: 4

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Feb 1, 2024
Sold by
Dole Orlando
Bought by
Lopez Investments Llc
Seller's Agent
Frank Causey
Homestarr Realty
Buyer's Agent
Frank Causey
Homestarr Realty
List Price
$264,900
Sold Price
$237,755
Premium/Discount to List
-$27,145
-10.25%
Views
120
Current Estimated Value
$255,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,892
Avg. Annual Appreciation
5.38%
Original Mortgage
$178,316
Outstanding Balance
$176,026
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$82,946

Purchase Details

Closed on
Nov 21, 2005
Sold by
Belcher Roy and Belcher Shanna Tilghman
Bought by
Dole Orlando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 2000
Sold by
Guzkor Inc
Bought by
Belcher Roy and Tilghman Shanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,900
Interest Rate
7.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 25, 1999
Sold by
Hemmert George R
Bought by
Guzkor Inc
Source: Public Records

Range of Values:

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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
Lopez Investments Llc $237,755 None Listed On Document
Dole Orlando $135,000 None Available
Belcher Roy $54,900 First American Title Ins Co
Guzkor Inc $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Investments Llc $178,316
Previous Owner Dole Orlando $111,499
Previous Owner Dole Orlando $126,636
Previous Owner Dole Orlando $128,250
Previous Owner Belcher Roy $43,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Sold $237,755 -10.2% $110 / Sq Ft
11/01/2023 11/01/23 For Sale $264,900 -- $123 / 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 $2,560 $235,000 $47,000 $188,000
2024 $2,560 $235,000 $47,000 $188,000
2023 $2,560 $182,899 $36,500 $146,399
2022 $1,562 $172,900 $36,500 $136,400
2021 $1,702 $0 $0 $0
2020 $1,702 $0 $0 $0
2019 $1,634 $0 $0 $0
2018 $1,306 $0 $0 $0
2017 $1,306 $0 $0 $0
2016 $1,201 $0 $0 $0
2015 $1,150 $0 $0 $0
2014 -- $93,300 $17,071 $76,229
2012 -- $16,000 $1,790 $14,210
Source: Public Records

Agents Affiliated with this Home

  • Frank Causey

    Seller's Agent in 2024

    Frank Causey

    Homestarr Realty

    (843) 467-8702

    1 in this area

    140 Total Sales

    Frank Causey
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Map

Source: Bright MLS

MLS Number: PAPH2293678

Bright MLS

APN: 232005300

Pennsylvania Philadelphia County Philadelphia 19124 Frankford

1539 Adams Ave, Philadelphia, PA

This home is located at 1539 Adams Ave, Philadelphia, PA 19124 since 01 November 2023 and is currently estimated at $255,647, approximately $118 per square foot. This property was built in 1940. 1539 Adams Ave is a home located in Philadelphia County with nearby schools including John Marshall School, Harding Warren G Middle School, and Frankford High School.

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