NOT LISTED FOR SALE

1625 Orthodox St Philadelphia, PA 19124

Frankford Neighborhood

Estimated Value: $141,002 - $264,000

-- Bed
-- Bath
2,880 Sq Ft
$70/Sq Ft Est. Value

Last Sold September 23, 2013

Last sale price $63,000 $22 Per Sq Ft

Est. 219% increase in value since last sale

Current estimated payment $1,321/month

Highlights

  • No HOA
  • 3-minute walk to Margaret-Orthodox
  • Heating Available
  • En-Suite Primary Bedroom
  • Laundry Facilities
  • 4-minute walk to Overington Park

About This Home

As of September 2013

(2) 3-bedroom apartments (~850sqft each) and a commercial unit (~900sqft). Apartments are ready for new tenants with many recent upgrades (wood flooring/windows). Store is an open shell with ~16 foot ceilings. Store can easily be converted to a third apartment or into the business of your choice (office, barbershop, convenience store) operate your business and live upstairs. Overall building condition is average. Located in the Frankford shopping district walking distance to post office, laundry mat, grocery store, library, bus stop, and the Septa Market Frankford line (Margaret-Orthodox stop). Apartments have been renting for 650/month each for years. Owner financing may be considered with attractive terms.

Last Agent to Sell the Property

Gus Pashalis

(267) 918-7718 gpashalis@gmail.com Mercury Real Estate Group Listed on: 02/02/2013

Last Buyer's Agent

Mike leibley

(215) 942-0605 ekim191@verizon.net Patriots Realty Inc License #RS310218

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $353

Year Built

  • Built in 1935

Lot Details

  • 1,096 Sq Ft Lot
  • Lot Dimensions are 16x68

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,880 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Heating Available
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Laundry Facilities
  • Operating Expense $353

Listing and Financial Details

  • Tax Lot 191
  • Assessor Parcel Number 871108450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$353

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1935
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Common
  • Total Sq Ft: 2880
  • Living Area Sq Ft: 2880
  • Price Per Sq Ft: 25.35
  • Above Grade Finished Sq Ft: 2880
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • 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
  • Heating Fuel: Electric
  • Heating Type: Electric
  • 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: 2325.00
  • Land Assessed Value: 1291.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16X68
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1096.00
  • Zoning: C2

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1019521
  • Tax Annual Amount: 353.00
  • Assessor Parcel Number: 871108450
  • Tax Lot: 191
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2018
Sold by
Beres Theodore S
Bought by
Beres Theodore S and Beres Tracey
Current Estimated Value
$201,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,500
Outstanding Balance
$58,981
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$142,020

Purchase Details

Listed on
Feb 2, 2013
Closed on
Sep 23, 2013
Sold by
Trifonidis Kosmas
Bought by
Beres Theodore S
Seller's Agent
Gus Pashalis
Mercury Real Estate Group
Buyer's Agent
Mike leibley
Patriots Realty Inc
List Price
$72,995
Sold Price
$63,000
Premium/Discount to List
-$9,995
-13.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.06%
Original Mortgage
$63,000
Interest Rate
4.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 8, 2001
Sold by
Bayer Stanley M and Bayer Rochelle M
Bought by
Trifonidis Kosmas

Purchase Details

Closed on
Jul 10, 2000
Sold by
Bayer Stanley M and Bayer Rochelle M
Bought by
Trifonidis Kosmas
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Beres Theodore S -- Global Abstract Settlement S
Beres Theodore S $63,000 None Available
Trifonidis Kosmas $16,464 --
Trifonidis Kosmas $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beres Theodore S $68,500
Closed Beres Theodore S $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2013 09/23/13 Sold $63,000 -13.7% $22 / Sq Ft
08/08/2013 08/08/13 Pending -- -- --
02/02/2013 02/02/13 For Sale $72,995 -- $25 / 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 $3,225 $176,900 $35,380 $141,520
2024 $3,225 $176,900 $35,380 $141,520
2023 $3,225 $230,400 $46,000 $184,400
2022 $1,484 $230,400 $46,000 $184,400
2021 $1,484 $0 $0 $0
2020 $1,484 $0 $0 $0
2019 $1,424 $0 $0 $0
2018 $2,016 $0 $0 $0
2017 $2,016 $0 $0 $0
2016 $1,986 $0 $0 $0
2015 $1,930 $0 $0 $0
2014 -- $144,000 $11,000 $133,000
2012 -- $3,616 $1,291 $2,325
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2013

    Gus Pashalis

    Mercury Real Estate Group

    (267) 918-7718

    Gus Pashalis
    Section Image

  • M

    Buyer's Agent in 2013

    Mike leibley

    Patriots Realty Inc

    (215) 942-0605

    1 Total Sale

    Mike leibley
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003355716

Bright MLS

APN: 232098605

Pennsylvania Philadelphia County Philadelphia 19124 Frankford

1625 Orthodox St, Philadelphia, PA

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