NOT LISTED FOR SALE

Estimated Value: $1,097,000 - $1,123,000

-- Bed
4 Baths
-- Sq Ft
1,080 Sq Ft Lot

Last Sold March 06, 2018

Last sale price $855,000

Est. 30% increase in value since last sale

Current estimated payment $6,188/month

Highlights

  • Newly Remodeled
  • 5-minute walk to Fairmount
  • Central Air
  • No HOA
  • En-Suite Primary Bedroom
  • 3-minute walk to Francisville Recreation Center

About This Home

As of March 2018

New Construction TRIPLEX in Fairmount/Francisville. This neighborhood is booming with new development everywhere. Don't miss your opportunity to add this to your portfolio. This experienced developer used only the best finishes making it extremely attractive to potential tenants. Unit 1 is a bi-level 2 bedroom 2.5 bath unit offering approx. 1,550 sqft. of living space with a private rear yard. Unit 2 is a 1 bed, 1 bath offering approx. 800 sqft. of living space with a juliet balcony and Unit 3 is a 1 bedroom 1 bath offering approx. 950 sqft of living space with an additional 650 sqft of roof deck with spectacular city views. Don't miss this rare investment opportunity in this rapidly growing neighborhood. Ten year tax abatement is pending.

Last Agent to Sell the Property

Deborah McMullan

BHHS Fox & Roach-Center City Walnut Listed on: 10/26/2017

BHHS Fox & Roach-Center City Walnut

Last Buyer's Agent

Neil Dessecker

RE/MAX One Realty - TCDT License #RS325498

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,692

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 1,080 Sq Ft Lot
  • Lot Dimensions are 18x60
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Utilities

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

Additional Features

  • En-Suite Primary Bedroom
  • Washer and Dryer Hookup
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Tax Lot 103
  • Assessor Parcel Number 152185910

Community Details

Overview

  • No Home Owners Association
  • Art Museum Area Subdivision

Building Details

  • Operating Expense $1,692

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,692

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: Yes
  • Year Built: 2017
  • Special Features: NewHome
  • Stories: 0

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Hookup
  • Street Number Modifier: 1629

Exterior Features

  • 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
  • Cooling: Yes
  • 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

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Land Use Code: SR
  • Lot Size Acres: 0.02
  • Lot Dimensions: 18X60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1080.00
  • Property Attached Yn: Yes
  • Property Condition: Excellent
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Tax Annual Amount: 1692.00
  • Assessor Parcel Number: 152185910
  • Tax Lot: 103
  • Tax Year: 2017
  • Close Date: 03/06/2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2017
Closed on
Mar 6, 2018
Sold by
Harte Investments Llc
Bought by
Seaman Jeffrey S and Lau Arnold
Seller's Agent
Deborah McMullan
BHHS Fox & Roach-Center City Walnut
Buyer's Agent
Neil Dessecker
RE/MAX One Realty - TCDT
List Price
$899,000
Sold Price
$855,000
Premium/Discount to List
-$44,000
-4.89%
Current Estimated Value
$1,110,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,225
Avg. Annual Appreciation
3.53%
Original Mortgage
$641,250
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2013
Sold by
Newman Edward J
Bought by
Harte Investments Llc

Purchase Details

Closed on
Jun 29, 2006
Sold by
Redevelopment Authority Of The City Of P
Bought by
Newman Edward J
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
Seaman Jeffrey S $855,000 Surety Expert Abstract Llc
Harte Investments Llc $90,000 None Available
Newman Edward J $7,000 None Available
Redevelopment Authority Of The City Of P $7,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seaman Jeffrey S $628,150
Closed Seaman Jeffrey S $641,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2018 03/06/18 Sold $855,000 0.0% --
02/09/2018 02/09/18 Price Changed $855,000 +0.7% --
02/02/2018 02/02/18 Pending -- -- --
01/25/2018 01/25/18 Price Changed $849,000 -5.6% --
10/26/2017 10/26/17 For Sale $899,000 -- --
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 $3,261 $1,000,000 $200,000 $800,000
2024 $3,261 $1,000,000 $200,000 $800,000
2023 $3,261 $1,164,800 $232,960 $931,840
2022 $2,434 $232,960 $232,960 $0
2021 $2,434 $0 $0 $0
2020 $2,434 $0 $0 $0
2019 $2,335 $0 $0 $0
2018 $7,839 $0 $0 $0
2017 $1,692 $0 $0 $0
2016 $617 $0 $0 $0
2015 $591 $0 $0 $0
2014 -- $44,100 $44,100 $0
2012 -- $10,368 $10,368 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003596055

Bright MLS

APN: 152185910