$335,000
SOLD MAR 13, 2020
-- Bed
-- Bath
2,054 Sq Ft
1,274 Sq Ft Lot

Recently Sold

$163 Per Sq Ft

18% Below List Price

32 Days on Market

Highlights

  • Straight Thru Architecture
  • Space For Rooms
  • Patio
  • Wood Flooring
  • No HOA
  • 5-minute walk to Norris Square Park

About This Home

As of July 2023

Opportunity knocks!! This area is hot and booming with new construction everywhere!! This 3 story building is zoned for mixed use (CMX2) and currently features a salon on the 1st floor and 3 apartments above. Many possibilities to make it whatever you want with a steady stream of income. The salon has a full bath on the 1st floor. 3 separate apartments are above with their own private entrance. There is basement access from the front bilco doors and a rear yard with patio. Nice views from the upper floors. The building has been well cared for and maintained by owner. Property is legally zoned properly with city and already has the fire system installed. Buyer responsible to do their own due diligence for what they would like to use the space for. It is zoned CMX2.

Last Agent to Sell the Property

Keith Lawson

RE/MAX Affiliates Listed on: 01/14/2020

RE/MAX Affiliates

Last Buyer's Agent

Matin Haghkar

RE/MAX Plus

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,195

Year Built

  • Built in 1920

Lot Details

  • 1,274 Sq Ft Lot
  • Lot Dimensions are 16.08 x 72.33
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • 2,054 Sq Ft Home
  • Triplex
  • Straight Thru Architecture
  • Traditional Architecture
  • Converted Dwelling
  • Poured Concrete
  • Masonry

Flooring

  • Wood
  • Laminate
  • Tile or Brick
  • Vinyl

Improved Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Interior and Front Basement Entry
  • Shelving
  • Space For Rooms

Utilities

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

Additional Features

  • Electric Oven or Range
  • Patio

Listing and Financial Details

  • Tax Lot 193
  • Assessor Parcel Number 871099450

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,195

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Architectural Style: Converted Dwelling, Straight Thru, Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Remarks Public: Opportunity knocks!! This area is hot and booming with new construction everywhere!! This 3 story building is zoned for mixed use (CMX2) and currently features a salon on the 1st floor and 3 apartments above. Many possibilities to make it whatever you want with a steady stream of income. The salon has a full bath on the 1st floor. 3 separate apartments are above with their own private entrance. There is basement access from the front bilco doors and a rear yard with patio. Nice views from the upper floors. The building has been well cared for and maintained by owner. Property is legally zoned properly with city and already has the fire system installed. Buyer responsible to do their own due diligence for what they would like to use the space for. It is zoned CMX2.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Flooring Type: Hardwood, Laminated, Tile/Brick, Vinyl, Wood
  • Basement: Yes
  • Basement Type: Front Entrance, Full, Interior Access, Improved, Poured Concrete, Shelving, Space For Rooms, Walkout Stairs
  • Total Sq Ft: 2054
  • Living Area Sq Ft: 2054
  • Price Per Sq Ft: 170.35
  • Above Grade Finished Sq Ft: 2054
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1904

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: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • 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: 68320.00
  • Land Assessed Value: 17080.00
  • Land Use Code: Y50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.08 x 72.33
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1274.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: CMX2
  • Zoning Description: Mixed use

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 986949
  • School Tax: 656.00
  • Tax Annual Amount: 1195.00
  • Assessor Parcel Number: 871099450
  • Tax Lot: 193
  • Tax Total Finished Sq Ft: 2054
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 03/13/2020

Multi Family

  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Single Room Units Count: 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
Jul 20, 2023
Sold by
Betancour Christian
Bought by
East Berks Real Estate Limited
Seller's Agent
Matin Haghkar
RE/MAX Plus
Buyer's Agent
Todd Miller
Coldwell Banker Realty
List Price
$485,000
Sold Price
$435,000
Premium/Discount to List
-$50,000
-10.31%
Total Days on Market
32
Views
72
Current Estimated Value
$452,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,867
Avg. Annual Appreciation
2.20%
Original Mortgage
$343,000
Outstanding Balance
$336,001
Interest Rate
6.67%
Mortgage Type
Construction
Estimated Equity
$116,866

Purchase Details

Listed on
Jan 14, 2020
Closed on
Mar 13, 2020
Sold by
Mota Karla E and Mota Carlos
Bought by
Betancour Christian
Seller's Agent
Keith Lawson
RE/MAX Affiliates
Buyer's Agent
Matin Haghkar
RE/MAX Plus
List Price
$409,000
Sold Price
$335,000
Premium/Discount to List
-$74,000
-18.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%
Original Mortgage
$328,932
Interest Rate
2.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 13, 2013
Sold by
Reynosos Liria R and Mota Carlos
Bought by
Mota Karla E and Mota Carlos

Purchase Details

Closed on
Jun 13, 2000
Sold by
Rojas Dolores
Bought by
Reynosos Liria R and Mota Carlos
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 $435,000 Title Services
Deed $335,000 None Available
Deed -- None Available
Deed $1,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $343,000 Construction
Previous Owner $328,932 FHA
Previous Owner $87,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $435,000 -6.5% $212 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
04/30/2023 04/30/23 Price Changed $465,000 -4.1% $226 / Sq Ft
03/20/2023 03/20/23 For Sale $485,000 0.0% $236 / Sq Ft
03/19/2023 03/19/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $485,000 +44.8% $236 / Sq Ft
03/13/2020 03/13/20 Sold $335,000 -4.3% $163 / Sq Ft
02/15/2020 02/15/20 Pending -- -- --
02/05/2020 02/05/20 Price Changed $349,900 -12.5% $170 / Sq Ft
01/22/2020 01/22/20 Price Changed $399,900 -2.2% $195 / Sq Ft
01/14/2020 01/14/20 For Sale $409,000 -- $199 / 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 $2,207 $214,500 $42,900 $171,600
2024 $2,207 $214,500 $42,900 $171,600
2023 $2,207 $157,700 $31,540 $126,160
2022 $1,195 $157,700 $31,540 $126,160
2021 $1,195 $0 $0 $0
2020 $1,195 $0 $0 $0
2019 $1,184 $0 $0 $0
2018 $1,118 $0 $0 $0
2017 $1,151 $0 $0 $0
2016 $1,151 $0 $0 $0
2015 $1,101 $0 $0 $0
2014 -- $82,200 $11,600 $70,600
2012 -- $9,280 $2,850 $6,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH863128

Bright MLS

APN: 871099450