Seller's Agent in 2019
Maxim Shtraus
RE/MAX
(215) 630-4620
24 in this area
143 Total Sales
1636 Cambridge St Philadelphia, PA 19130
Fairmount NeighborhoodEstimated Value: $1,191,000 - $1,483,000
--
Bed
7
Baths
--
Sq Ft
1,513
Sq Ft Lot
Highlights
- New Construction
- Contemporary Architecture
- Combination Kitchen and Living
- City View
- Wood Flooring
- No HOA
About This Home
As of December 2019Building on the success of 'Francisville Quarters', the team behind the neighborhood's most prolific luxury condominium development brings you 'Cambridge Quarters'. With each detail meticulously designed and crafted in place, Cambridge Quarters adds 18 luxury apartment rentals in a classic triplex townhome format. Each unit features an open concept design, 9' ceilings, with top notch finishes, offering tenants a comfortable and luxurious urban setting. Each of the six triplexes include 3 units; 1x-3 bedroom and 2x - 2 bedroom units. Units holds outdoor space in the form of backyard patios or roof decks with center city views, plus designated storage rooms. With more and more small and local businesses coming to the neighborhood, there is no sign of Francisville's resurgence slowing down any time soon. Cambridge Quarters aims to be the next cornerstone of luxury living in this great neighborhood. The buildings were constructed using high grade materials such as premium hardwood manufactured in the United States and top of the line mechanicals by the likes of Trane HVAC systems. Cambridge Quarters is located in the center of a commuters paradise with a few minutes walk to SEPTA's Broad Street line or the Girard Street Trolley. A full Offering Memorandum is available upon request.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,998
Year Built
- 2019
Lot Details
- 1,513 Sq Ft Lot
- Lot Dimensions are 23.17 x 65.32
- Property is in excellent condition
Parking
- On-Street Parking
Home Design
- Triplex
- Contemporary Architecture
- Flat Roof Shape
- Brick Exterior Construction
- Advanced Framing
- Fiberglass Roof
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling height of 9 feet or more
- Recessed Lighting
- Casement Windows
- Combination Kitchen and Living
- Efficiency Studio
- City Views
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- En-Suite Bathroom
- Walk-in Shower
Finished Basement
- Basement Fills Entire Space Under The House
- Natural lighting in basement
Home Security
- Intercom
- Fire Sprinkler System
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient Windows
- Energy-Efficient HVAC
Outdoor Features
- Patio
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- Municipal Trash
Listing and Financial Details
- Home warranty included in the sale of the property
- The owner pays for water, sewer, common area maintenance, insurance, management, sewer maintenance
- Tax Lot 103
- Assessor Parcel Number 471011015
Community Details
Overview
- No Home Owners Association
- 3 Units
- 4-Story Building
Building Details
- 3 Vacant Units
- Insurance Expense $2,000
- Net Operating Income $66,023
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 2, 2019
Closed on
Dec 18, 2019
Sold by
Cambridge Street Investment Llc
Bought by
Lin Jun Bin
Seller's Agent
Maxim Shtraus
RE/MAX Elite
Buyer's Agent
Yaozong Yuan
Philadelphia Homes
List Price
$1,199,000
Sold Price
$1,138,000
Premium/Discount to List
-$61,000
-5.09%
Total Days on Market
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,959
Avg. Annual Appreciation
2.73%
Original Mortgage
$700,000
Outstanding Balance
$625,054
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$693,905
Purchase Details
Closed on
May 23, 2018
Sold by
Cambridge Street Investment Limited Liab
Bought by
Cambridge Street Investment Limited Liab
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lin Jun Bin | $1,138,000 | The Abstract Company | |
| Cambridge Street Investment Limited Liab | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lin Jun Bin | $700,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/18/2019 12/18/19 | Sold | $1,138,000 | -5.1% | -- |
| 08/05/2019 08/05/19 | Pending | -- | -- | -- |
| 08/02/2019 08/02/19 | For Sale | $1,199,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $14,676 | $1,168,100 | $233,620 | $934,480 |
| 2024 | $14,676 | $1,168,100 | $233,620 | $934,480 |
| 2023 | $2,935 | $1,048,400 | $209,680 | $838,720 |
| 2022 | $2,935 | $209,680 | $209,680 | $0 |
| 2021 | $13,998 | $0 | $0 | $0 |
| 2020 | $2,492 | $0 | $0 | $0 |
| 2019 | $2,492 | $0 | $0 | $0 |
| 2018 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Maxim Shtraus
-
Yaozong Yuan
Buyer's Agent in 2019
Yaozong Yuan
Philadelphia Homes
(215) 992-4578
41 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH101097
APN: 471011015
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