NOT LISTED FOR SALE

1609 Harrison St Philadelphia, PA 19124

Frankford Neighborhood

Estimated Value: $241,000 - $386,000

-- Bed
4 Baths
2,970 Sq Ft
$111/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $307,900 $104 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,865/month

About This Home

As of July 2022

Dont miss out on this cash cow opportunity. Four units and basement common area. All utilities are brand new. All separate metered for each unit and for the common area. All units have separate water tanks and heating systems. Fully remodeled with durable material. Brand new kitchens with granite counter tops and waterproof vinyl flooring. Estimated rent is over $4,500 a month. Three one bedroom units and one two bedroom unit. Plus finished basement common area for storage. Wont last long.

Last Agent to Sell the Property

William Ndreu

(856) 701-3512 billndreu86@gmail.com RE/MAX One Realty License #RS323422 Listed on: 05/07/2022

RE/MAX One Realty

Last Buyer's Agent

VANESSA B. JACKSON

(484) 985-9467 vbjackson77@gmail.com Tesla Realty Group, LLC

Tesla Realty Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $884

Year Built

  • Built in 1940

Lot Details

  • 1,953 Sq Ft Lot
  • Lot Dimensions are 16.00 x 126.00

Home Design

  • Quadruplex
  • Permanent Foundation
  • Masonry

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 180
  • Assessor Parcel Number 232206400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$884

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Foundation Details: Permanent
  • Total Sq Ft: 2970
  • Living Area Sq Ft: 2970
  • Price Per Sq Ft: 127.23
  • Above Grade Finished Sq Ft: 2420
  • Below Grade Finished Sq Ft: 550
  • Total Below Grade Sq Ft: 550
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 53594.00
  • Land Assessed Value: 9606.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 16.00 x 126.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1953.00
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1020349
  • School Tax: 485.00
  • Tax Annual Amount: 884.00
  • Assessor Parcel Number: 232206400
  • Tax Lot: 180
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2022
Closed on
Jul 15, 2022
Sold by
Iaj Building Associates Llc
Bought by
Sealy Navar Ian
Seller's Agent
William Ndreu
RE/MAX One Realty
Buyer's Agent
VANESSA B. JACKSON
Tesla Realty Group, LLC
List Price
$299,900
Sold Price
$307,900
Premium/Discount to List
$8,000
2.67%
Current Estimated Value
$328,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,047
Avg. Annual Appreciation
2.01%
Original Mortgage
$299,475
Outstanding Balance
$284,852
Interest Rate
5.23%
Mortgage Type
FHA
Estimated Equity
$44,095

Purchase Details

Closed on
Feb 5, 2020
Sold by
Dawkins Paulette and Jpmorgan Chase Bank National A
Bought by
Iaj Building Associates Llc

Purchase Details

Closed on
Jun 15, 2006
Sold by
Alvarez Mariana
Bought by
Dawkins Paulette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,192
Interest Rate
6.59%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 6, 2004
Sold by
Wilson Grace
Bought by
Alvarez Mariana
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
Sealy Navar Ian $305,000 None Listed On Document
Iaj Building Associates Llc $60,000 None Available
Dawkins Paulette $103,000 None Available
Alvarez Mariana $37,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sealy Navar Ian $299,475
Previous Owner Dawkins Paulette $102,192
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2022 07/08/22 Sold $307,900 0.0% $104 / Sq Ft
05/17/2022 05/17/22 Price Changed $307,900 +2.7% $104 / Sq Ft
05/14/2022 05/14/22 Pending -- -- --
05/07/2022 05/07/22 For Sale $299,900 -- $101 / 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
2026 $1,617 $305,000 $61,000 $244,000
2025 $1,617 $305,000 $61,000 $244,000
2024 $1,617 $305,000 $61,000 $244,000
2023 $1,617 $115,500 $23,100 $92,400
2022 $885 $115,500 $23,100 $92,400
2021 $885 $0 $0 $0
2020 $885 $0 $0 $0
2019 $850 $0 $0 $0
2018 $1,085 $0 $0 $0
2017 $1,085 $0 $0 $0
2016 $1,085 $0 $0 $0
2015 $1,039 $0 $0 $0
2014 -- $77,500 $23,045 $54,455
2012 -- $9,600 $1,037 $8,563
Source: Public Records

Agents Affiliated with this Home

  • William Ndreu

    Seller's Agent in 2022

    William Ndreu

    RE/MAX

    (856) 701-3512

    3 in this area

    60 Total Sales

    William Ndreu
    Section Image

  • V

    Buyer's Agent in 2022

    VANESSA B. JACKSON

    Tesla Realty Group, LLC

    (484) 985-9467

    1 in this area

    19 Total Sales

    VANESSA B. JACKSON
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2113622

Bright MLS

APN: 232206400

Pennsylvania Philadelphia County Philadelphia 19124 Frankford

1609 Harrison St, Philadelphia, PA

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