NOT LISTED FOR SALE

1913 W Montgomery Ave Philadelphia, PA 19121

North Philadelphia West Neighborhood

Estimated Value: $438,000 - $595,000

-- Bed
6 Baths
2,970 Sq Ft
$174/Sq Ft Est. Value

Last Sold April 27, 2023

Last sale price $275,000 $93 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,819/month

307 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • Property is in very good condition

About This Home

As of April 2023

1913 W Montgomery Avenue

Investment Highlights:
* 2 Units | 16% Cap Rate | Pro Forma NOI: $49,844
* 5 Years Remaining on Tax Abatement.
* Immediate upside in rents.
* Deep discount to market value.
* New developments in the immediate area.

Last Agent to Sell the Property

Ari Miller

(215) 914-0700 arimiller@reinfo411.com Real Estate Management Advisors LLC Listed on: 05/06/2022

Co-Listed By

Justin DeMicco

(330) 690-7707 jrdemicco@gmail.com Real Estate Management Advisors LLC License #RS361144

Last Buyer's Agent

Serena Chen

(484) 280-4530 serena.chen@foxroach.com BHHS Fox & Roach At the Harper, Rittenhouse Square

BHHS Fox & Roach At the Harper, Rittenhouse Square

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $754

Year Built

  • Built in 1915 | Remodeled in 2015

Lot Details

  • 960 Sq Ft Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Foundation
  • Masonry

Interior Spaces

  • Wood Flooring
  • Finished Basement

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 133

Community Details

Overview

  • 2 Units
  • 3-Story Building

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$754

Year Built

Built in 1915 | Remodeled in 2015

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Year Renovated: 2015
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood
  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2970
  • Living Area Sq Ft: 2970
  • Price Per Sq Ft: 141.43
  • Above Grade Finished Sq Ft: 2100
  • Below Grade Finished Sq Ft: 870
  • Total Below Grade Sq Ft: 870
  • 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
  • Type Of Parking: On Street

Utilities

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 37730.00
  • Land Assessed Value: 16170.00
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 960.00
  • Property Condition: Very Good
  • Zoning: RSA5
  • Zoning Description: RSA-5 Residential Single Family Attached - 5

Rental Info

  • Number Of Units Month To Month: 2
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 414.00
  • Tax Annual Amount: 754.00
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Lot: 133
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

Multi Family

  • Income Includes: Apartment Rentals
  • 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
May 6, 2022
Closed on
Apr 25, 2023
Sold by
Montgomery W Llc
Bought by
1913 Montgomery Llc
Seller's Agent
Ari Miller
Real Estate Management Advisors LLC
Buyer's Agent
Serena Chen
BHHS Fox & Roach At the Harper, Rittenhouse Square
List Price
$475,000
Sold Price
$275,000
Premium/Discount to List
-$200,000
-42.11%
Views
21
Current Estimated Value
$516,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,500
Avg. Annual Appreciation
28.68%

Purchase Details

Listed on
Dec 2, 2013
Closed on
Jan 14, 2014
Sold by
1406 Willington St Llc
Bought by
Montgomery Vv Llc
Seller's Agent
Rowena Dabney
Leverage Incorporated Real Estate
Buyer's Agent
Rowena Dabney
Leverage Incorporated Real Estate
List Price
$50,000
Sold Price
$40,000
Premium/Discount to List
-$10,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.06%

Purchase Details

Closed on
Nov 11, 2013
Sold by
Dent John A
Bought by
1406 Willington Street Llc

Purchase Details

Closed on
Jun 3, 1985
Bought by
Dent John Alvin
Source: Public Records

Range of Values:

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Average Value
Not Available
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
1913 Montgomery Llc $275,000 Trident Land Transfer
Montgomery Vv Llc $40,000 None Available
1406 Willington Street Llc $10,000 None Available
Dent John Alvin $2,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2023 04/27/23 Sold $275,000 -7.4% $93 / Sq Ft
12/28/2022 12/28/22 Price Changed $297,000 -9.2% $100 / Sq Ft
09/02/2022 09/02/22 Price Changed $327,000 +32698.4% $110 / Sq Ft
08/30/2022 08/30/22 Price Changed $997 -99.7% $0 / Sq Ft
07/25/2022 07/25/22 Price Changed $397,000 -2.2% $134 / Sq Ft
07/12/2022 07/12/22 Price Changed $405,900 +0.2% $137 / Sq Ft
06/24/2022 06/24/22 Price Changed $405,000 -5.6% $136 / Sq Ft
05/31/2022 05/31/22 Price Changed $429,000 -9.7% $144 / Sq Ft
05/06/2022 05/06/22 For Sale $475,000 +1087.5% $160 / Sq Ft
01/14/2014 01/14/14 Sold $40,000 -27.3% $26 / Sq Ft View Prior Sale
12/12/2013 12/12/13 Pending -- -- --
12/06/2013 12/06/13 Price Changed $55,000 +10.0% $35 / Sq Ft
12/02/2013 12/02/13 For Sale $50,000 -- $32 / 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 $1,377 $487,200 $97,400 $389,800
2024 $1,377 $487,200 $97,400 $389,800
2023 $1,363 $487,200 $97,400 $389,800
2022 $1,363 $97,400 $97,400 $0
2021 $929 $0 $0 $0
2020 $929 $0 $0 $0
2019 $882 $0 $0 $0
2018 $755 $0 $0 $0
2017 $755 $0 $0 $0
2016 $744 $0 $0 $0
2015 $720 $0 $0 $0
2014 -- $53,700 $5,952 $47,748
2012 -- $3,040 $1,291 $1,749
Source: Public Records

Agents Affiliated with this Home

  • Ari Miller

    Seller's Agent in 2023

    Ari Miller

    Real Estate Management Advisors LLC

    (215) 914-0700

    5 in this area

    18 Total Sales

    Ari Miller
    Section Image
  • Justin DeMicco

    Seller Co-Listing Agent in 2023

    Justin DeMicco

    Real Estate Management Advisors LLC

    (330) 690-7707

    3 in this area

    14 Total Sales

    Justin DeMicco
    Section Image
  • Serena Chen

    Buyer's Agent in 2023

    Serena Chen

    BHHS Fox & Roach

    (484) 280-4530

    2 in this area

    86 Total Sales

    Serena Chen
    Section Image

  • R

    Seller's Agent in 2014

    Rowena Dabney

    Leverage Incorporated Real Estate

    (267) 407-3859

    1 in this area

    17 Total Sales

    Rowena Dabney
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2113576

Bright MLS

APN: 321120000

Pennsylvania Philadelphia County Philadelphia 19121 North Philadelphia West

1913 W Montgomery Ave, Philadelphia, PA

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