NOT LISTED FOR SALE

Estimated Value: $248,000 - $254,000

-- Bed
3 Baths
3,300 Sq Ft
$76/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $188,000 $57 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,457/month

Highlights

  • City View
  • Wood Flooring
  • No HOA
  • Traditional Architecture
  • Corner Lot
  • Porch

About This Home

As of November 2020

Opportunity is pounding down the door! Come see this MASSIVE CORNER RM1 TRIPLEX in Brewerytown today. Three 2/1 units here in GOOD interior condition - hardwired fire detection, hardwood floors, CT baths, newer kitchens with fridges, recessed lighting and all new drywall/ceilings/doors - All completed in 2014. The full basement was formerly used as office space and features a dedicated rear entrance and half-bath. Large rear open space with curb cut could lend itself to future parking. Separately metered electric and common cold water. Current rent is UNDER MARKET at $750 + $35 water/mo. per unit. Projected rent per unit improved is $1,100 plus. Unit 3 is occupied by a tenant in default. Units 1 & 2 are vacant.

Last Agent to Sell the Property

Hannah Angert

(215) 869-9571 angert215@gmail.com HomeSmart Nexus Realty Group - Newtown Listed on: 09/28/2020

HomeSmart Nexus Realty Group - Newtown

Last Buyer's Agent

Lester Washington

(732) 567-0555 lesterw@phillyliving.com United Real Estate License #rs34252

United Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,428

Year Built

  • Built in 1915 | Remodeled in 2014

Lot Details

  • 1,152 Sq Ft Lot
  • Lot Dimensions are 16.00 x 72.00
  • Corner Lot
  • Back Yard
  • Property is in average condition

Home Design

  • Triplex
  • Traditional Architecture
  • Bump-Outs
  • Stone Foundation
  • Plaster Walls
  • Masonry

Interior Spaces

  • Paneling
  • Ceiling Fan
  • City Views
  • Improved Basement
  • Exterior Basement Entry
  • Electric Oven or Range

Flooring

  • Wood
  • Ceramic Tile

Parking

  • Public Parking
  • On-Street Parking

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Location

  • Urban Location

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for water, common area maintenance, insurance, real estate taxes
  • Tax Lot 240
  • Assessor Parcel Number 291329700

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 3-Story Building

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals
  • Insurance Expense $1,800
  • Operating Expense $3,200
  • Gross Income $28,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,428

Year Built

Built in 1915 | Remodeled in 2014

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: AS-IS, WHERE IS
  • New Construction: No
  • Expected On Market: 2020-09-28
  • Year Built: 1915
  • Year Renovated: 2014
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls, Paneled Walls, Dry Wall
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Outside Entrance, Improved
  • Total Sq Ft: 3300
  • Living Area Sq Ft: 3300
  • Price Per Sq Ft: 78.33
  • Above Grade Finished Sq Ft: 2400
  • Below Grade Finished Sq Ft: 900
  • Total Below Grade Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Exterior Lighting, Street Lights, Sidewalks, Bump-Outs
  • Road Surface Type: Black Top
  • Roof: Unknown
  • Spa: No
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Public
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Previous Twelve Months: 1440.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 71400.00
  • Land Assessed Value: 30600.00
  • Lot Features: Corner, Rear Yard
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 72.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1152.00
  • Outdoor Living Structures: Porch(es), Patio(s)
  • Property Condition: Average
  • Zoning: RM1
  • Zoning Description: Residential Multifamily 1

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Water, Common Area Maintenance, Insurance, Taxes - Real Estate
  • Rent Control: No
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1056992
  • School Tax: 783.00
  • Tax Annual Amount: 1428.00
  • Assessor Parcel Number: 291329700
  • Tax Lot: 240
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Number Of Units Vacant: 1
  • Gross Scheduled Income: 28100.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 3200.00
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2020
Closed on
Nov 14, 2020
Sold by
Ees Properties Llc
Bought by
Sdms Properties Llc
Seller's Agent
Hannah Angert
HomeSmart Nexus Realty Group - Newtown
Buyer's Agent
Lester Washington
United Real Estate
List Price
$188,000
Sold Price
$188,000
Current Estimated Value
$251,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,000
Avg. Annual Appreciation
6.02%
Original Mortgage
$265,505
Interest Rate
2.71%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 7, 2013
Closed on
Nov 12, 2013
Sold by
Pa Real Property Holding Lp
Bought by
Grazia Llc
Seller's Agent
Christopher DeCaro
BHHS Fox & Roach-Chestnut Hill
Buyer's Agent
Brian Lanoza
Century 21 Advantage Gold-Southampton
List Price
$29,900
Sold Price
$29,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.94%

Purchase Details

Closed on
Feb 17, 2012
Sold by
Soler Maria I and Beneficial Mutual Savings Bank
Bought by
Pa Real Property Holding Lp

Purchase Details

Closed on
Apr 28, 2009
Sold by
Speaks June
Bought by
Soler Maria

Purchase Details

Closed on
Oct 27, 2008
Sold by
Roberts Ira and Roberts James
Bought by
Speaks June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.13%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 19, 2005
Sold by
Neal Rashid and Edens Tayan
Bought by
Roberts Ira and Roberts James

Purchase Details

Closed on
May 4, 1998
Sold by
City Of Philadelphia
Bought by
Neal Rashid and Edens Tayan
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
Sdms Properties Llc $188,000 None Available
Grazia Llc $29,900 None Available
Pa Real Property Holding Lp $50,000 None Available
Soler Maria $4,090 None Available
Speaks June $35,000 None Available
Roberts Ira $7,000 Commonwealth Title
Neal Rashid $800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sdms Properties Llc $265,505
Previous Owner Speaks June $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2020 11/20/20 Sold $188,000 0.0% $57 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
09/28/2020 09/28/20 For Sale $188,000 +528.8% $57 / Sq Ft
11/14/2013 11/14/13 Sold $29,900 0.0% $12 / Sq Ft View Prior Sale
10/16/2013 10/16/13 Pending -- -- --
10/07/2013 10/07/13 For Sale $29,900 -- $12 / 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 $1,680 $300,000 $60,000 $240,000
2024 $1,680 $300,000 $60,000 $240,000
2023 $1,680 $120,000 $24,000 $96,000
2022 $1,428 $120,000 $24,000 $96,000
2021 $1,428 $0 $0 $0
2020 $1,428 $0 $0 $0
2019 $608 $0 $0 $0
2018 $385 $0 $0 $0
2017 $385 $0 $0 $0
2016 $385 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $68,900 $5,566 $63,334
2012 -- $1,152 $243 $909
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH935046

Bright MLS

APN: 291329700