NOT LISTED FOR SALE

199 W Lippincott St Philadelphia, PA 19133

Upper Kensington Neighborhood

Estimated Value: $190,334

-- Bed
-- Bath
1,385 Sq Ft
$137/Sq Ft Est. Value

Last Sold May 29, 2019

Last sale price $128,000 $92 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,086/month

419 Days on Market

Highlights

  • No HOA
  • Heating Available
  • 5-minute walk to Jose Manuel Collazo Park
  • En-Suite Primary Bedroom

About This Home

As of May 2019

Great Opportunity to own this Property with positive Cash Flow... The First Floor Front is being used as Multi Services Business generating rental income of 850.00 per month. The First Floor Rear was previously rented to a Barber at 500.00 per month. The 2nd Floor offers a SPACIOUS One Bedroom Apartment that can generate 650.00 in income, respectively. Additional Space available to use as new owner sees fit. The Building is conveniently located just off of 2nd & Allegheny with High Appeal & Visibility and directly across from The New Allegheny Plaza that's under construction... Schedule today, Owner Says Sell...

Last Agent to Sell the Property

Noemi Mendez

(267) 975-9021 noemimendez2@gmail.com Realty Mark Associates License #RS291566 Listed on: 03/02/2018

Realty Mark Associates

Last Buyer's Agent

Noemi Mendez

(267) 975-9021 noemimendez2@gmail.com Realty Mark Associates License #RS291566 Listed on: 03/02/2018

Realty Mark Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $733

Year Built

  • Built in 1958

Lot Details

  • 809 Sq Ft Lot
  • Lot Dimensions are 16x49
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,385 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Hon. Luis Munoz-Marin Elementary School

Utilities

  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 155
  • Assessor Parcel Number 871069600

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Kensington Subdivision

Building Details

  • Operating Expense $994

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$733

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1958
  • Remarks Public: Great Opportunity to own this Property with positive Cash Flow... The First Floor Front is being used as Multi Services Business generating rental income of 850.00 per month. The First Floor Rear was previously rented to a Barber at 500.00 per month. The 2nd Floor offers a SPACIOUS One Bedroom Apartment that can generate 650.00 in income, respectively. Additional Space available to use as new owner sees fit. The Building is conveniently located just off of 2nd & Allegheny with High Appeal & Visibility and directly across from The New Allegheny Plaza that's under construction... Schedule today, Owner Says Sell...
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1385
  • Living Area Sq Ft: 1385
  • Price Per Sq Ft: 101.01
  • Above Grade Finished Sq Ft: 1385
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 199

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • 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
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Elementary School: HON. LUIS MUNOZ-MARIN SCHOOL
  • Elementary School Source: 3rd Party
  • School District Key: 300200397108
  • School District Source: 3rd Party
  • Elementary School: HON. LUIS MUNOZ-MARIN SCHOOL

Lot Info

  • Land Use Code: S30
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16X49
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 809.00
  • Property Condition: Good
  • Zoning: CMX2

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 733.00
  • Assessor Parcel Number: 871069600
  • Tax Lot: 155
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 05/29/2019

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2018
Closed on
May 29, 2019
Sold by
Montalvo Charles and Montalvo Maribel
Bought by
Hernandez Wilfredo and Santiago Maritza
Seller's Agent
Noemi Mendez
Realty Mark Associates
Buyer's Agent
Noemi Mendez
Realty Mark Associates
List Price
$169,900
Sold Price
$128,000
Premium/Discount to List
-$41,900
-24.66%
Current Estimated Value
$190,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,334
Avg. Annual Appreciation
6.37%
Original Mortgage
$65,000
Outstanding Balance
$57,151
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$133,183

Purchase Details

Closed on
Mar 27, 2019
Sold by
Montalvo Charles and Montalvo Maribel
Bought by
Montalvo Charles

Purchase Details

Closed on
Jul 18, 2007
Sold by
Montalvo Charles
Bought by
Montalvo Charles and Montalvo Maribel

Purchase Details

Closed on
May 6, 1999
Sold by
Rosario Ada
Bought by
Montalvo Charles

Purchase Details

Closed on
Sep 15, 1995
Sold by
Rosario Jacquelyn and Rosario Ivette
Bought by
Rosario Ada
Source: Public Records

Range of Values:

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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
Hernandez Wilfredo $128,000 None Available
Montalvo Charles -- Interstate Abstract
Montalvo Charles -- None Available
Montalvo Charles -- --
Rosario Ada -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Wilfredo $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2019 05/29/19 Sold $128,000 -8.5% $92 / Sq Ft
04/25/2019 04/25/19 Pending -- -- --
02/23/2019 02/23/19 Price Changed $139,900 -12.5% $101 / Sq Ft
06/07/2018 06/07/18 Price Changed $159,900 -5.9% $115 / Sq Ft
03/02/2018 03/02/18 For Sale $169,900 -- $123 / 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 $1,040 $76,000 $15,200 $60,800
2024 $1,040 $76,000 $15,200 $60,800
2023 $1,040 $74,300 $14,860 $59,440
2022 $704 $74,300 $14,860 $59,440
2021 $704 $0 $0 $0
2020 $704 $0 $0 $0
2019 $699 $0 $0 $0
2018 $452 $0 $0 $0
2017 $994 $0 $0 $0
2016 $713 $0 $0 $0
2015 $682 $0 $0 $0
2014 -- $71,000 $8,100 $62,900
2012 -- $6,880 $1,000 $5,880
Source: Public Records

Agents Affiliated with this Home

  • Noemi Mendez

    Seller's Agent in 2019

    Noemi Mendez

    Realty Mark Associates

    (267) 975-9021

    2 in this area

    50 Total Sales

    Noemi Mendez
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000224356

Bright MLS

APN: 871069600

Pennsylvania Philadelphia County Philadelphia 19133 Upper Kensington

199 W Lippincott St, Philadelphia, PA

This home is located at 199 W Lippincott St, Philadelphia, PA 19133 since 02 March 2018 and is currently estimated at $190,334, approximately $137 per square foot. This property was built in 1958. 199 W Lippincott St is a home located in Philadelphia County with nearby schools including Elkin Lewis School, Thomas Alva Edison High School/Fareira Skills Center, and John B. Stetson Charter School.

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