$715,000
SOLD MAY 6, 2021
-- Bed
-- Bath
4,296 Sq Ft
2,104 Sq Ft Lot

Recently Sold

$166 Per Sq Ft

11% Below List Price

136 Days on Market

Highlights

  • Carriage House
  • Forced Air Heating and Cooling System
  • 5-minute walk to Ogden Park
  • No HOA

About This Home

As of May 2021

Incredible income-producing Quadruplex in Francisville. All units are separately metered, have self-contained HVAC units, gas stoves &refrigerators. The first-floor unit is a two-bedroom one-bathroom receiving$1200/month in rent. The second-floor unit is a three-bedroom one bathroom receiving $1200/month. The third-floor unit is a three-bedroom one-bathroom receiving $1480/month. The building has coin-operated laundry in the basement. The 4th unit is a free-standing carriage house with its own entrance, bi-level one bedroom, one bathroom updated unit with hardwood floors currently being under rented month-to-month for $650. Projected rent for the carriage house unit #4 is $1200/month. Located just 3 minutes from Temple University-Main Campus & 8 minutes from DrexelUniversity/University of Pennsylvania. Fairmount Park/Boathouse row is just 3minutes away. 5 minutes from City Hall. Public transportation is available at the front door right next to the 15 trolley, 33, 2, and 61 bus lines and the broad street line is only 3 blocks away. 5 mins to center city on the SEPTA express.

Last Agent to Sell the Property

Jonathan Barach

Compass RE Listed on: 10/08/2020

Compass RE

Last Buyer's Agent

Portia Thomas

Fowler and Co License #RS350867

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,995

Year Built

  • Built in 1915

Lot Details

  • 2,104 Sq Ft Lot
  • Lot Dimensions are 20.00 x 105.21

Parking

  • On-Street Parking

Home Design

  • 4,296 Sq Ft Home
  • Quadruplex
  • Carriage House
  • Traditional Architecture
  • Masonry

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Public Septic

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • The owner pays for insurance, sewer, sewer maintenance, real estate taxes, water, snow removal, pest control, heater maintenance contract, common area maintenance
  • Tax Lot 6
  • Assessor Parcel Number 471022100

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $3,760
  • Gross Income $60,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,995

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional, Carriage House
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2020-10-08
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Remarks Public: Incredible income-producing Quadruplex in Francisville. All units are separately metered, have self-contained HVAC units, gas stoves &refrigerators. The first-floor unit is a two-bedroom one-bathroom receiving$1200/month in rent. The second-floor unit is a three-bedroom one bathroom receiving $1200/month. The third-floor unit is a three-bedroom one-bathroom receiving $1480/month. The building has coin-operated laundry in the basement. The 4th unit is a free-standing carriage house with its own entrance, bi-level one bedroom, one bathroom updated unit with hardwood floors currently being under rented month-to-month for $650. Projected rent for the carriage house unit #4 is $1200/month. Located just 3 minutes from Temple University-Main Campus & 8 minutes from DrexelUniversity/University of Pennsylvania. Fairmount Park/Boathouse row is just 3minutes away. 5 minutes from City Hall. Public transportation is available at the front door right next to the 15 trolley, 33, 2, and 61 bus lines and the broad street line is only 3 blocks away. 5 mins to center city on the SEPTA express.
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 4296
  • Living Area Sq Ft: 4296
  • Price Per Sq Ft: 168.74
  • Above Grade Finished Sq Ft: 4296
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1726

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • 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: Central, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, 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

  • Improvement Assessed Value: 349790.00
  • Land Assessed Value: 149910.00
  • Land Use Code: U50
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20.00 x 105.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2104.00
  • Year Assessed: 2021
  • Zoning: RM4

Rental Info

  • Existing Lease Type: Yearly, Month To Month
  • Owner Pays: Insurance, Sewer, Sewer Maintenance, Taxes - Real Estate, Water, Snow Removal, Pest Control, Heater Maintenance Contract, Common Area Maintenance
  • Total Actual Rent: 54360.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1219987
  • School Tax: 3838.00
  • Tax Annual Amount: 6995.00
  • Assessor Parcel Number: 471022100
  • Tax Lot: 6
  • Tax Total Finished Sq Ft: 4296
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 05/06/2021

Multi Family

  • Gross Scheduled Income: 60960.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Apr 5, 2021
Sold by
Baxter I Partnership Llc
Bought by
Page Glen
Seller's Agent
Jonathan Barach
Compass RE
Buyer's Agent
Portia Thomas
Fowler and Co
List Price
$799,900
Sold Price
$715,000
Premium/Discount to List
-$84,900
-10.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.34%
Original Mortgage
$646,621
Interest Rate
3.11%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 18, 2003
Sold by
Magness Benjamin and Magness Phyllis
Bought by
Baxter I Partnership

Purchase Details

Closed on
Apr 11, 1996
Sold by
Martin Denis
Bought by
Magness Benjamin and Magness Phyllis

Purchase Details

Closed on
Jan 19, 1995
Sold by
Redevelopment Authority City Philadelphi
Bought by
Booker Kenneth

Purchase Details

Closed on
Jan 4, 1994
Sold by
Pendleton Stephen M
Bought by
Martin Denis
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $715,000 Reo Elite Abstract
Deed $57,385 --
Deed $12,000 --
Deed $1,000 --
Deed $5,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $646,621 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 For Sale $850,000 +18.9% $198 / Sq Ft
05/06/2021 05/06/21 Sold $715,000 -1.4% $166 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
01/19/2021 01/19/21 Price Changed $724,900 -3.3% $169 / Sq Ft
11/06/2020 11/06/20 Price Changed $749,900 -6.3% $175 / Sq Ft
10/08/2020 10/08/20 For Sale $799,900 -- $186 / 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 $12,670 $905,100 $181,000 $724,100
2024 $12,670 $905,100 $181,000 $724,100
2023 $12,670 $905,100 $181,020 $724,080
2022 $6,995 $905,100 $181,020 $724,080
2021 $6,995 $0 $0 $0
2020 $6,995 $0 $0 $0
2019 $6,761 $0 $0 $0
2018 $4,629 $0 $0 $0
2017 $4,629 $0 $0 $0
2016 $4,629 $0 $0 $0
2015 $4,719 $0 $0 $0
2014 -- $352,200 $14,476 $337,724
2012 -- $16,928 $4,232 $12,696
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH941996

Bright MLS

APN: 471022100