NOT LISTED FOR SALE

1707 E Passyunk Ave Philadelphia, PA 19148

East Passyunk Neighborhood

Estimated Value: $914,747

-- Bed
-- Bath
2,304 Sq Ft
$397/Sq Ft Est. Value

Last Sold April 29, 2013

Last sale price $400,000 $174 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $5,349/month

Highlights

  • No HOA
  • 5-minute walk to Tasker-Morris
  • Heating System Uses Gas
  • En-Suite Primary Bedroom
  • Central Air

About This Home

As of April 2013

Excellent opportunity for an Investor in Passyunk Square. BEST block in the HOTTEST neighborhood. Great multi-use property located in the heart of Thriving East Passyunk Avenue and Passyunk Square. Tremendous visibility and situate near the intersection of Passyunk and Morris. Separate electric, cooking and HW gas! Separate (3) HW tanks! First floor currently rented as a Yarn Shop and includes a full basement, central air and 1/2 bath. Second and third floors have two bedroom, one bath modern apartments, central air with separate utilities. All units are month to month and building has potential for significant increase in rental income.

Last Agent to Sell the Property

Vincent Carnuccio

(215) 292-6429 vincentc@kw.com Keller Williams Real Estate Tri-County License #RS317863 Listed on: 11/20/2012

Keller Williams Real Estate Tri-County

Last Buyer's Agent

Jacqui Greenberg

(215) 292-6319 ukladi@aol.com Compass RE License #RS223570L

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,962

Year Built

  • Built in 1915

Lot Details

  • 1,060 Sq Ft Lot
  • Lot Dimensions are 16x78
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Triplex

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,304 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Tax Lot 133
  • Assessor Parcel Number 394507800

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $100
  • Insurance Expense $2,500
  • Maintenance Expense $1,000
  • Operating Expense $5,662

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,962

Year Built

Built in 1915

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: 1915
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2304
  • Living Area Sq Ft: 2304
  • Price Per Sq Ft: 195.31
  • Above Grade Finished Sq Ft: 2304
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • 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: Yes
  • Cooling Type: Central A/C
  • Electric Expense: 100.00
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 17731.00
  • Land Assessed Value: 3069.00
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16X78
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1060.00
  • Property Condition: Good
  • Zoning: C2

Green Features

  • Green Remarks: Very walkable area offers many restaurants, convenience to public transportation, shopping, and local family owned and next generation business along with newcomers who have recently opened several variety of conveniences to make for a very desirable loca

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 30000.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1151955
  • Tax Annual Amount: 1962.00
  • Assessor Parcel Number: 394507800
  • Tax Lot: 133
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2012
Closed on
Apr 24, 2013
Sold by
Kallitsopoulos Peter
Bought by
Sun Alan
Seller's Agent
Vincent Carnuccio
Keller Williams Real Estate Tri-County
Buyer's Agent
Jacqui Greenberg
Compass RE
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%
Current Estimated Value
$914,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$514,747
Avg. Annual Appreciation
6.84%

Purchase Details

Closed on
Jan 15, 2004
Sold by
Kallitsopoulos Peter and Kallitsopoulos Doreen
Bought by
Kallitsopoulos Peter

Purchase Details

Closed on
Nov 25, 1996
Sold by
Mandel Abraham and Mandel Susan M
Bought by
Kallitsopoulos Peter and Kallitsopoulos Doreen
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
Sun Alan $400,000 None Available
Kallitsopoulos Peter -- --
Kallitsopoulos Peter $150,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2013 04/29/13 Sold $400,000 -11.1% $174 / Sq Ft
03/06/2013 03/06/13 Pending -- -- --
11/20/2012 11/20/12 For Sale $450,000 -- $195 / 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 $6,439 $445,800 $89,160 $356,640
2025 $6,439 $445,800 $89,160 $356,640
2024 $6,439 $445,800 $89,160 $356,640
2023 $6,439 $460,000 $92,000 $368,000
2022 $6,039 $460,000 $92,000 $368,000
2021 $6,039 $0 $0 $0
2020 $6,039 $0 $0 $0
2019 $5,980 $0 $0 $0
2018 $5,773 $0 $0 $0
2017 $3,386 $0 $0 $0
2016 $3,386 $0 $0 $0
2015 $23,636 $0 $0 $0
2014 -- $241,900 $21,200 $220,700
2012 -- $20,800 $3,069 $17,731
Source: Public Records

Agents Affiliated with this Home

  • Vincent Carnuccio

    Seller's Agent in 2013

    Vincent Carnuccio

    Keller Williams Real Estate Tri-County

    (215) 292-6429

    1 in this area

    34 Total Sales

    Vincent Carnuccio
    Section Image
  • Jacqui Greenberg

    Buyer's Agent in 2013

    Jacqui Greenberg

    Compass RE

    (215) 292-6319

    33 Total Sales

    Jacqui Greenberg
    Section Image
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Map

Source: Bright MLS

MLS Number: 1004166724

Bright MLS

APN: 871182300

Pennsylvania Philadelphia County Philadelphia 19148 East Passyunk

1707 E Passyunk Ave, Philadelphia, PA

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