NOT LISTED FOR SALE

Estimated Value: $314,000 - $403,893

-- Bed
3 Baths
2,532 Sq Ft
$136/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $280,000 $111 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,203/month

92 Days on Market

Highlights

  • 0.13 Acre Lot
  • No HOA
  • Ceiling Fan
  • High Ceiling
  • Exterior Cameras
  • 5-minute walk to Loudoun Park

About This Home

As of November 2020

Absolutely gorgeous rental property. This 3 unit remodeled building is primed for an owner occupant (looking to earn additional income) or the savvy investor (looking for positive cash flow). The building features stucco, a fire alarm system, hard wired smoke detectors, a common area entrance, modern lighting fixtures, windows, kitchens & bathrooms throughout. Each unit has 200 amp electrical panels in each unit (with separate meters), electric hot water heaters & electric wall heaters. The first floor is a 2 bedroom unit with a large eat in kitchen/living room combination & a huge bathroom. The second & third floor are both 1 bedroom units with over sized 16 x 16 bedrooms, a full eat in kitchen, a full bath & separate living rooms in each. The home also boasts 10' ceilings, laminate flooring, 6 panel doors, ceiling fans and stereos in each kitchen. 100% Occupied! All tenants are on month-to-month leases. $3,300 monthly income. Unit #3 will be vacant as of 11/1/2020 for OWNER OCCUPANCY OPPORTUNITY or rental!!! Located in close proximity to LaSalle University. Bring your buyers, you will not be disappointed!!!!

Last Listed By

Tiffany Loomis

Kershaw Real Estate Listed on: 07/20/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,572

Year Built

  • Built in 1910 | Remodeled in 2009

Lot Details

  • 5,632 Sq Ft Lot
  • Lot Dimensions are 35.35 x 159.33
  • Historic Home

Home Design

  • Triplex
  • Converted Dwelling
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 2,532 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Unfinished Basement

Home Security

  • Exterior Cameras
  • Surveillance System
  • Fire and Smoke Detector
  • Flood Lights

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Private Parking
  • Lighted Parking
  • Gravel Driveway
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Heating Available
  • 200+ Amp Service
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 62
  • Assessor Parcel Number 121003805

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,572

Year Built

Built in 1910 | Remodeled in 2009

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Historic: Yes
  • Home Warranty: No
  • Inclusions: Washer (Under Warranty), Dryer (Under Warranty) , Lawn Mower, Sherwin Williams Paint for turnover of Apartments, Access Keys, Window Unit Air Conditioners including 4 units, and Security System including 4 Cameras, Refrigerators/ Electric Stoves/ Micro
  • New Construction: No
  • Year Built: 1910
  • Year Renovated: 2009
  • Automatically Close On Close Date: Yes
  • Remarks Public: Absolutely gorgeous rental property. This 3 unit remodeled building is primed for an owner occupant (looking to earn additional income) or the savvy investor (looking for positive cash flow). The building features stucco, a fire alarm system, hard wired smoke detectors, a common area entrance, modern lighting fixtures, windows, kitchens & bathrooms throughout. Each unit has 200 amp electrical panels in each unit (with separate meters), electric hot water heaters & electric wall heaters. The first floor is a 2 bedroom unit with a large eat in kitchen/living room combination & a huge bathroom. The second & third floor are both 1 bedroom units with over sized 16 x 16 bedrooms, a full eat in kitchen, a full bath & separate living rooms in each. The home also boasts 10' ceilings, laminate flooring, 6 panel doors, ceiling fans and stereos in each kitchen. 100% Occupied! All tenants are on month-to-month leases. $3,300 monthly income. Unit #3 will be vacant as of 11/1/2020 for OWNER OCCUPANCY OPPORTUNITY or rental!!! Located in close proximity to LaSalle University. Bring your buyers, you will not be disappointed!!!!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Wall Ceiling Types: High, Dry Wall
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2532
  • Living Area Sq Ft: 2532
  • Price Per Sq Ft: 124.41
  • Above Grade Finished Sq Ft: 2532
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Exterior Features: Flood Lights, Sidewalks, Street Lights
  • Roof: Flat
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Crushed Stone, Lighted Parking, Private, Paved Driveway
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: On Street, Off Street, Parking Lot
  • Parking Lot Number Of Spaces: 3

Utilities

  • Refuse: 300.00
  • Central Air Conditioning: No
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Security: Fire Detection System, Exterior Cameras, Smoke Detector, Surveillance Sys
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: 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: 95455.00
  • Land Assessed Value: 16845.00
  • Land Use Code: N40
  • Lot Size Acres: 0.13
  • Lot Dimensions: 35.35 x 159.33
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5632.00
  • Year Assessed: 2020
  • Zoning: RSA5

Rental Info

  • Ground Rent Exists: No
  • Rent Control: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 1385579
  • School Tax: 863.00
  • Tax Annual Amount: 1572.00
  • Assessor Parcel Number: 121003805
  • Tax Lot: 62
  • Tax Total Finished Sq Ft: 2532
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 11/30/2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2020
Closed on
Nov 30, 2020
Sold by
Loomis Tiffany
Bought by
Ng Victor and To Vy
Seller's Agent
Tiffany Loomis
Kershaw Real Estate
Buyer's Agent
Peter Lien
EXP Realty, LLC
List Price
$400,000
Sold Price
$280,000
Premium/Discount to List
-$120,000
-30%
Total Days on Market
92
Current Estimated Value
$344,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,298
Avg. Annual Appreciation
4.71%
Original Mortgage
$210,000
Outstanding Balance
$189,410
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$154,888

Purchase Details

Closed on
Jun 3, 2015
Sold by
Loomis Tiffany and Jacqmin Andrew
Bought by
Loomis Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,552
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 9, 2010
Sold by
Pullett Rodney
Bought by
Loomis Tiffany and Jacqmin Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,015
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 29, 2009
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Pullett Rodney

Purchase Details

Closed on
Nov 24, 2008
Sold by
Metro Redevelopment Llc
Bought by
Wilmington Savings Fund Society Fsb

Purchase Details

Closed on
Oct 24, 2006
Sold by
Euphrasia House Inc
Bought by
Metro Redevelopment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,100
Interest Rate
6.31%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 22, 1999
Sold by
Brennar Janet and Pleasant Cassandra M
Bought by
Euphrasia House Inc

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
Ng Victor $280,000 World Wide Land Transfer Inc
Loomis Tiffany -- First American Title Insuran
Loomis Tiffany $220,000 None Available
Pullett Rodney $68,000 None Available
Wilmington Savings Fund Society Fsb $85,000 None Available
Metro Redevelopment Llc $98,900 None Available
Euphrasia House Inc $102,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ng Victor $210,000
Previous Owner Loomis Tiffany $206,552
Previous Owner Loomis Tiffany $216,015
Previous Owner Metro Redevelopment Llc $141,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $280,000 -11.1% $111 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
10/15/2020 10/15/20 Price Changed $315,000 -10.0% $124 / Sq Ft
09/07/2020 09/07/20 Price Changed $350,000 -12.5% $138 / Sq Ft
07/20/2020 07/20/20 For Sale $400,000 -- $158 / 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 $3,299 $248,000 $49,600 $198,400
2024 $3,299 $248,000 $49,600 $198,400
2023 $3,299 $235,700 $47,140 $188,560
2022 $1,572 $235,700 $47,140 $188,560
2021 $1,572 $0 $0 $0
2020 $1,572 $0 $0 $0
2019 $1,551 $0 $0 $0
2018 $1,751 $0 $0 $0
2017 $1,751 $0 $0 $0
2016 $1,331 $0 $0 $0
2015 $1,676 $0 $0 $0
2014 -- $125,100 $32,898 $92,202
2012 -- $22,400 $15,897 $6,503
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH915954

Bright MLS

APN: 121003805