NOT LISTED FOR SALE

Estimated Value: $742,554

-- Bed
-- Bath
-- Sq Ft
2019 Built

Last Sold January 19, 2021

Last sale price $675,000

Est. 10% increase in value since last sale

Current estimated payment $4,076/month

Highlights

  • Straight Thru Architecture
  • Forced Air Heating and Cooling System
  • 4-minute walk to Palmer Doggie Depot
  • No HOA

About This Home

As of January 2021

This multi unit building is ready to impress! Unit A is a commercial studio right on Frankford Ave! This storefront unit offers contemporary style to give your business a competitive edge. Located in the heart of Fishtown, a Philadelphia neighborhood that is bursting with new businesses and growing popularity, this ground floor unit all has large front windows for optimal foot traffic and exposure. Inside, you'll love the bright and airy feel that these units boast. Featuring hardwood floors, an ADA bathroom, modern lighting, ceiling fans, and a full basement with tile flooring, this commercial space has everything you and your team need to put forth the best impression to clients and customers. The unit has a back patio with brand new fencing and a covered area. Inquire with your availability and schedule a showing today! With CMX2 zoning this property suits retail, restaurant, office, and many other uses. Unit B is sure to impress from the moment you enter. The private entrance leads into your sun-soaked living room, which shares the main level of this apartment with the eat-in kitchen, half bathroom, and the large staircase as the centerpiece. From floor to vaulted-ceiling, this unit boasts sleek modern finishes, including satin-finished hardwood floors, recessed lighting, stainless steel chef's kitchen, white granite countertops, contemporary accent lighting fixtures, and tons of bright natural light from large windows all throughout the home. The second level has two spacious bedrooms with a full bathroom to share. Each bedroom is large enough for a king sized bed, has ample closet space, and a light and airy feel. The rear bedroom is currently split into a spare bedroom and office space-- perfect for those working from home. Up another level, you're welcomed into the master bedroom suite, via a separate landing and doorway into the suite, for added privacy. There's a hallway within the suite with room for seating or dressing, large double door closets, and a luxurious bathroom, which offers a large soaking tub, oversized shower stall with glass doors and natural stone floor. The bathroom is complete with an expansive vanity with double sinks and bright lighting above. The bedroom is in the front of the unit, and has sliding glass doors to your private balcony overlooking Frankford Ave. Schedule your showing today!

Last Agent to Sell the Property

Ariel Morgenstein

(215) 740-6226 sales@jg-realestate.com JG Real Estate LLC License #2332837 Listed on: 10/21/2020

JG Real Estate LLC

Last Buyer's Agent

Hanh Vo

(267) 664-2689 vihirealty@gmail.com Vihi Realty Co. License #RS290475

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,851

Year Built

  • Built in 2019

Home Design

  • Duplex
  • Straight Thru Architecture
  • Masonry

Basement

  • Basement Fills Entire Space Under The House

Parking

  • Public Parking
  • On-Street Parking
  • Unassigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 125
  • Assessor Parcel Number 871403310

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,851

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2019
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Above Grade Finished Area Units: Square Feet

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
  • Parking Features: Unassigned, Public
  • Type Of Parking: On Street

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Assessed Value: 132200.00
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Zoning: CMX2

Rental Info

  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 985464
  • School Tax: 1015.00
  • Tax Annual Amount: 1851.00
  • Assessor Parcel Number: 871403310
  • Tax Lot: 125
  • Tax Data Updated: No
  • Tax Year: 2020

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Jan 7, 2021
Sold by
1850 Frankford Ave Llc
Bought by
Gov Siv and Lim Guechsong
Seller's Agent
Ariel Morgenstein
JG Real Estate LLC
Buyer's Agent
Hanh Vo
Vihi Realty Co.
List Price
$775,000
Sold Price
$675,000
Premium/Discount to List
-$100,000
-12.9%
Current Estimated Value
$742,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,554
Avg. Annual Appreciation
2.01%
Original Mortgage
$438,000
Outstanding Balance
$390,020
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$352,534

Purchase Details

Closed on
Nov 18, 2015
Sold by
Agaf Holdings Lp
Bought by
1850 Frankford Ave Llc

Purchase Details

Closed on
Nov 1, 2012
Sold by
Carvell Christopher and Dagostino Reno
Bought by
Agaf Holdings Lp

Purchase Details

Closed on
Jul 11, 2003
Sold by
Strunk William
Bought by
Strunk William and Strunk Timothy
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
Gov Siv $675,000 Advantage Abstract Inc
1850 Frankford Ave Llc $185,000 None Available
Agaf Holdings Lp $770,000 None Available
Strunk William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gov Siv $438,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2021 01/19/21 Sold $675,000 -12.9% --
11/07/2020 11/07/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $775,000 -- --
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 $1,943 $648,900 $129,780 $519,120
2025 $1,943 $648,900 $129,780 $519,120
2024 $1,943 $648,900 $129,780 $519,120
2023 $1,943 $694,200 $138,800 $555,400
2022 $1,943 $138,800 $138,800 $0
2021 $1,851 $0 $0 $0
2020 $1,877 $0 $0 $0
2019 $1,877 $0 $0 $0
2018 $767 $0 $0 $0
2017 $224 $0 $0 $0
2016 $224 $0 $0 $0
2015 $407 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH947254

Bright MLS

APN: 871403310