NOT LISTED FOR SALE
-- Bed
1 Bath
2,595 Sq Ft
1,376 Sq Ft Lot

Last Sold September 03, 2021

Last sale price $279,000 $108 Per Sq Ft

42 Days on Market

Highlights

  • Straight Thru Architecture
  • No HOA
  • Electric Baseboard Heater

About This Home

As of September 2021

Take advantage of this great income producing property in North Philadelphia. The property is zoned as CMX2 and features three units: two apartments and a commercial space. The apartments have two separate entrances on Albanus Street and features a three bedroom apartment and a two bedroom apartment. The commercial/retail space entrance is on the corner of 18th and Albanus. All units are tenant occupied with the apartment tenants on a month to month lease and the commercial tenant on long-term lease that expires in three years. The retail business is a long-term tenant with a successful grocery/luncheonette store. Each unit has its own hot water heater/tank and electric meter. All utilities are electric and paid by the tenants. Annual income produced by building is $35,000 a year. There is no basement on this building. The commercial space is the lower level and at street level.

Last Agent to Sell the Property

William Furia

Coldwell Banker Realty License #RS343860 Listed on: 05/04/2021

Coldwell Banker Realty

Last Buyer's Agent

Damon Roberts

Homestarr Realty

Homestarr Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,441

Year Built

  • Built in 1925

Lot Details

  • 1,376 Sq Ft Lot
  • Lot Dimensions are 19.66 x 70.00

Home Design

  • 2,595 Sq Ft Home
  • Triplex
  • Straight Thru Architecture
  • Rubber Roof
  • Masonry

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • Electric Oven or Range
  • Electric Dryer
  • Finished Basement

Community Details

  • No Home Owners Association
  • 3 Units
  • Logan Subdivision

Listing and Financial Details

  • Tax Lot 188
  • Assessor Parcel Number 171038900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,441

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Exclusions: All commercial appliances and equipment in the commercial space.
  • New Construction: No
  • Year Built: 1925
  • Automatically Close On Close Date: Yes
  • Remarks Public: Take advantage of this great income producing property in North Philadelphia. The property is zoned as CMX2 and features three units: two apartments and a commercial space. The apartments have two separate entrances on Albanus Street and features a three bedroom apartment and a two bedroom apartment. The commercial/retail space entrance is on the corner of 18th and Albanus. All units are tenant occupied with the apartment tenants on a month to month lease and the commercial tenant on long-term lease that expires in three years. The retail business is a long-term tenant with a successful grocery/luncheonette store. Each unit has its own hot water heater/tank and electric meter. All utilities are electric and paid by the tenants. Annual income produced by building is $35,000 a year. There is no basement on this building. The commercial space is the lower level and at street level.
  • Special Features: None

Interior Features

  • Appliances: Dryer - Electric, Oven/Range - Electric
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2595
  • Living Area Sq Ft: 2595
  • Price Per Sq Ft: 107.51
  • Above Grade Finished Sq Ft: 2595
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1801

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Roof: Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • 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

  • Improvement Assessed Value: 165317.00
  • Land Assessed Value: 9083.00
  • Land Use Code: T30
  • Lot Size Acres: 0.03
  • Lot Dimensions: 19.66 x 70.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1376.00
  • Year Assessed: 2021
  • Zoning: CMX2
  • Zoning Description: CMX2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 972680
  • School Tax: 1340.00
  • Tax Annual Amount: 2441.00
  • Assessor Parcel Number: 171038900
  • Tax Lot: 188
  • Tax Total Finished Sq Ft: 2595
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 09/03/2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2022
Sold by
Gregory Sampson
Bought by
Sequency Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2004
Sold by
Homecomings Financial Network Inc
Bought by
Nazaire Fredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,520
Interest Rate
9.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 2, 2004
Sold by
Murdock Steven
Bought by
Homecomings Financial Network Inc
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
Sequency Llc -- None Listed On Document
Nazaire Fredo $36,900 --
Homecomings Financial Network Inc $4,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sampson Gregory $40,000
Previous Owner Sequency Llc $262,500
Previous Owner Nazaire Fredo $57,000
Previous Owner Nazaire Fredo $29,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $279,000 0.0% $108 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $279,000 -- $108 / 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 $2,441 $174,400 $9,083 $165,317
2024 $2,441 $174,400 $9,083 $165,317
2023 $2,441 $174,400 $9,083 $165,317
2022 $2,441 $174,400 $9,083 $165,317
2021 $2,441 $0 $0 $0
2020 $1,096 $0 $0 $0
2019 $1,096 $0 $0 $0
2018 $1,096 $0 $0 $0
2017 $1,096 $0 $0 $0
2016 $754 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $182,100 $9,484 $172,616
2012 -- $8,352 $1,212 $7,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH1013526

Bright MLS

APN: 171038900