NOT LISTED FOR SALE

1650 Point Breeze Ave Philadelphia, PA 19145

Point Breeze Neighborhood

Estimated Value: $837,000 - $1,401,000

-- Bed
7 Baths
4,350 Sq Ft
$250/Sq Ft Est. Value

Last Sold October 23, 2019

Last sale price $875,000 $201 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,949/month

Highlights

  • Newly Remodeled
  • Wood Flooring
  • Zoned Heating and Cooling System
  • Contemporary Architecture
  • No HOA
  • Ceiling height of 9 feet or more

About This Home

As of October 2019

Income producing rare new construction triplex! 1 unit still vacant; Rent it or owner occupy. In the heart of super fast growing Point Breeze 10 minutes from Center City, near restaurants and public transportation. Custom designed by expert builders for optimal city living with quality finishes and unique, generously sized, layouts. Includes 9 foot ceilings (basement too), top quality maple hardwood flooring throughout, an abundance of recessed lighting throughout, outdoor space everywhere possible, over sized, sunny, energy efficient windows, sophisticated alarm, sound, surround systems and buzzer/intercoms, large closets, contemporary, spa-inspired bathrooms with frameless glass shower doors, great lighting and designer shower-heads and faucets. Gourmet kitchens with quality cabinets, Samsung stainless steel appliances, counter depth French door refrigerators with ice/water, Quartz top Island and matching counter-tops and backsplash. Designer details throughout. Unit #3: 1,800 square feet of contemporary, 3 levels of space includes three large sized bedrooms and three and half bathrooms (two tubs, 1 shower and 1 guest- ) and a gorgeous rare completely unobstructed 900 square foot rooftop terrace with city line views. Rented for $2,400 per month. Unit #2: 900 square feet of contemporary bi-level space includes two large sized bedrooms and 1 and half bathrooms. This unit has two balconies facing both front and back. Unit #1: 1,650 square feet of contemporary bi-level space including three large sized bedrooms each with its own beautifully designed en-suite bathroom and a great backyard deck for BBQs and open air entertaining. Rented for $2,100 per month.

Last Agent to Sell the Property

Jacqueline Kremansky

(347) 307-3087 jskremansky@gmail.com Realty Mark Associates Listed on: 03/25/2019

Realty Mark Associates

Last Buyer's Agent

Neal Henner

(215) 834-3390 neal.henner@kw.com BHHS Fox & Roach-Art Museum

BHHS Fox & Roach-Art Museum

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $417

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 1,357 Sq Ft Lot
  • Lot Dimensions are 16.75 x 81.01

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Contemporary Architecture
  • Brick Exterior Construction
  • Fiberglass Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 4,350 Sq Ft Home
  • Ceiling height of 9 feet or more

Flooring

  • Wood
  • Ceramic Tile

Finished Basement

  • Sump Pump
  • Basement with some natural light

Utilities

  • Zoned Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 136
  • Assessor Parcel Number 364123905

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Point Breeze Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$417

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: Yes
  • Year Built: 2018
  • Remarks Public: Income producing rare new construction triplex! 1 unit still vacant; Rent it or owner occupy. In the heart of super fast growing Point Breeze 10 minutes from Center City, near restaurants and public transportation. Custom designed by expert builders for optimal city living with quality finishes and unique, generously sized, layouts. Includes 9 foot ceilings (basement too), top quality maple hardwood flooring throughout, an abundance of recessed lighting throughout, outdoor space everywhere possible, over sized, sunny, energy efficient windows, sophisticated alarm, sound, surround systems and buzzer/intercoms, large closets, contemporary, spa-inspired bathrooms with frameless glass shower doors, great lighting and designer shower-heads and faucets. Gourmet kitchens with quality cabinets, Samsung stainless steel appliances, counter depth French door refrigerators with ice/water, Quartz top Island and matching counter-tops and backsplash. Designer details throughout. Unit #3: 1,800 square feet of contemporary, 3 levels of space includes three large sized bedrooms and three and half bathrooms (two tubs, 1 shower and 1 guest- ) and a gorgeous rare completely unobstructed 900 square foot rooftop terrace with city line views. Rented for $2,400 per month. Unit #2: 900 square feet of contemporary bi-level space includes two large sized bedrooms and 1 and half bathrooms. This unit has two balconies facing both front and back. Unit #1: 1,650 square feet of contemporary bi-level space including three large sized bedrooms each with its own beautifully designed en-suite bathroom and a great backyard deck for BBQs and open air entertaining. Rented for $2,100 per month.
  • Special Features: NewHome

Interior Features

  • Flooring Type: Hardwood, Ceramic Tile
  • Wall Ceiling Types: 9'+ Ceilings
  • Basement: Yes
  • Basement Type: Fully Finished, Sump Pump, Daylight, Partial
  • Total Sq Ft: 4350
  • Living Area Sq Ft: 4350
  • Price Per Sq Ft: 201.38
  • Above Grade Finished Sq Ft: 4350
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1650

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Aluminum Siding, Vinyl Siding
  • Construction Completed: Yes
  • Roof: Fiberglass
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Assessed Value: 29800.00
  • Land Use Code: SR
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.75 x 81.01
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1357.00
  • Year Assessed: 2020
  • Zoning: RM1

Rental Info

  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1383104
  • School Tax: 229.00
  • Tax Annual Amount: 417.00
  • Assessor Parcel Number: 364123905
  • Tax Lot: 136
  • Tax Data Updated: Yes
  • Tax Year: 2020
  • Close Date: 10/23/2019

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2019
Closed on
Oct 7, 2019
Sold by
Ads Dev Llc
Bought by
1650 Pba Llc
Seller's Agent
Jacqueline Kremansky
Realty Mark Associates
Buyer's Agent
Neal Henner
BHHS Fox & Roach-Art Museum
List Price
$925,000
Sold Price
$875,000
Premium/Discount to List
-$50,000
-5.41%
Current Estimated Value
$1,086,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,804
Avg. Annual Appreciation
3.65%
Original Mortgage
$700,000
Outstanding Balance
$610,603
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$476,201

Purchase Details

Listed on
Mar 25, 2019
Closed on
Aug 26, 2019
Sold by
Ads Development Llc
Bought by
Ads Development Llc
Seller's Agent
Jacqueline Kremansky
Realty Mark Associates
Buyer's Agent
Neal Henner
BHHS Fox & Roach-Art Museum
List Price
$925,000
Sold Price
$875,000
Premium/Discount to List
-$50,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$610,603
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$476,201

Purchase Details

Listed on
Sep 25, 2017
Closed on
Feb 7, 2018
Sold by
City Center Rentals Llc
Bought by
Ads Development Llc
Seller's Agent
Michael McCann
KW Empower
Buyer's Agent
Jacqueline Kremansky
Realty Mark Associates
List Price
$169,999
Sold Price
$125,000
Premium/Discount to List
-$44,999
-26.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
216.27%

Purchase Details

Listed on
Nov 5, 2015
Closed on
Dec 3, 2015
Sold by
Point Breeze Fund Llc
Bought by
City Center Rentals Llc
Seller's Agent
Janette Spirk
Compass RE
Buyer's Agent
Lisa Quattrone
RE/MAX @ HOME
List Price
$70,000
Sold Price
$67,500
Premium/Discount to List
-$2,500
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.99%

Purchase Details

Closed on
Mar 20, 2015
Sold by
Point Breeze Community Development Corp
Bought by
Point Breeze Fund Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,000
Interest Rate
3.75%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
1650 Pba Llc $875,000 Go Abstract Services Llc
Ads Development Llc -- None Available
Ads Development Llc $125,000 J & A Abstract Inc
City Center Rentals Llc $135,000 North American Title Agency
Point Breeze Fund Llc $300,000 Knights Abstract Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1650 Pba Llc $700,000
Previous Owner Point Breeze Fund Llc $406,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2019 10/23/19 Sold $875,000 -0.1% $201 / Sq Ft
09/05/2019 09/05/19 Pending -- -- --
08/14/2019 08/14/19 Price Changed $876,000 -2.1% $201 / Sq Ft
07/08/2019 07/08/19 Price Changed $894,900 -0.5% $206 / Sq Ft
05/21/2019 05/21/19 Price Changed $899,000 -2.8% $207 / Sq Ft
03/25/2019 03/25/19 For Sale $925,000 +640.0% $213 / Sq Ft
02/12/2018 02/12/18 Sold $125,000 -13.8% -- View Prior Sale
01/10/2018 01/10/18 Pending -- -- --
12/07/2017 12/07/17 Price Changed $145,000 -6.5% --
11/29/2017 11/29/17 Price Changed $155,000 -1.0% --
11/08/2017 11/08/17 Price Changed $156,500 -0.6% --
10/30/2017 10/30/17 Price Changed $157,500 -2.8% --
10/26/2017 10/26/17 Price Changed $162,000 -4.1% --
10/17/2017 10/17/17 Price Changed $168,999 -0.6% --
09/25/2017 09/25/17 For Sale $169,999 +151.9% --
11/24/2015 11/24/15 Sold $67,500 -3.6% -- View Prior Sale
11/09/2015 11/09/15 Pending -- -- --
11/05/2015 11/05/15 For Sale $70,000 -- --
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
2026 $3,132 $753,500 $150,700 $602,800
2025 $3,132 $753,500 $150,700 $602,800
2024 $3,132 $753,500 $150,700 $602,800
2023 $3,132 $1,118,600 $223,720 $894,880
2022 $2,324 $223,720 $223,720 $0
2021 $2,324 $0 $0 $0
2020 $417 $0 $0 $0
2019 $417 $0 $0 $0
2018 $417 $0 $0 $0
2017 $417 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $14,100 $14,100 $0
2012 -- $640 $640 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Buyer's Agent in 2019

    Neal Henner

    BHHS Fox & Roach

    (215) 834-3390

    6 Total Sales

    Neal Henner
    Section Image
  • Michael McCann

    Seller's Agent in 2018

    Michael McCann

    KW Empower

    (215) 778-0901

    86 in this area

    1,651 Total Sales

    Michael McCann
    Section Image
  • Jim Onesti

    Seller Co-Listing Agent in 2018

    Jim Onesti

    KW Empower

    (215) 709-4242

    19 in this area

    511 Total Sales

    Jim Onesti
    Section Image
  • Janette Spirk

    Seller's Agent in 2015

    Janette Spirk

    Compass RE

    (610) 762-3183

    16 in this area

    116 Total Sales

    Janette Spirk
    Section Image

  • L

    Buyer's Agent in 2015

    Lisa Quattrone

    RE/MAX

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH775396

Bright MLS

APN: 364123905

Pennsylvania Philadelphia County Philadelphia 19145 Point Breeze

1650 Point Breeze Ave, Philadelphia, PA

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