NOT LISTED FOR SALE

Estimated Value: $1,363,000 - $1,720,529

4 Beds
1 Bath
6,599 Sq Ft
$236/Sq Ft Est. Value

Last Sold April 22, 2013

Last sale price $750,000 $114 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $9,079/month

Highlights

  • 0.07 Acre Lot
  • Mobility Improvements
  • Central Air
  • No HOA
  • En-Suite Primary Bedroom
  • Laundry Facilities

About This Home

As of April 2013

Ideally suited for a professional who wants to work from home, live in a large part of the house and have additional income from 2 other large professional spaces. Located in the Art Museum Area on the 'Millionaires Row' of Spring Garden. Property is approximately 25' wide and 114' deep and the building covers the property lines. 3 stories + basement and built on the full property lines. The owner's unit has a formal front entry with access to the home and professional office on the 1st floor. 3 bedrooms, 1st floor front office, reception area + powder room (approx. 3200 SF). Unit #1 has a private entrance, rear office space, conference room + powder room (approx. 1260 SF). Unit #2 has a private entrance, rear office space, private office + powder room (approx. 1490 SF). Seller has suggested looking into use of this home with possible zoning or variance changes to create a multi-family or one grand single family home. Clever use of professional engineering for the mechanical systems.

Last Agent to Sell the Property

Michael McCann

mccann@mccannteam.com KW Empower License #AB049770L Listed on: 06/10/2011

KW Empower

Co-Listed By

Nathan S. Naness

(215) 627-3500 nate453@gmail.com KW Empower

Last Buyer's Agent

Michael McCann

mccann@mccannteam.com KW Empower License #AB049770L Listed on: 06/10/2011

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,036

Year Built

  • Built in 1911

Lot Details

  • 2,840 Sq Ft Lot
  • Lot Dimensions are 25x114

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 6,599 Sq Ft Home
  • Basement Fills Entire Space Under The House

Accessible Home Design

  • Mobility Improvements

Utilities

  • Central Air
  • Heating System Uses Oil
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 152004500

Community Details

Overview

  • No Home Owners Association
  • Art Museum Area Subdivision

Additional Features

  • Laundry Facilities
  • Operating Expense $7,036

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,036

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Accessibility Features: Mobility Improvements
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Common
  • Total Sq Ft: 6599
  • Living Area Sq Ft: 6599
  • Price Per Sq Ft: 121.08
  • Above Grade Finished Sq Ft: 6599
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2017

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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
  • School District Key: 300200397108

Lot Info

  • Land Use Code: H50
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X114
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2840.00
  • Zoning: R10

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Tax Annual Amount: 7036.00
  • Assessor Parcel Number: 152004500
  • Tax Lot: 11
  • Tax Year: 2013
  • Close Date: 04/22/2013

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2011
Closed on
Apr 17, 2013
Sold by
Slp 2017 A Limited Partnership
Bought by
Allen Sean K and Allen Jeong L
Seller's Agent
Michael McCann
KW Empower
Buyer's Agent
Michael McCann
KW Empower
List Price
$1,190,000
Sold Price
$750,000
Premium/Discount to List
-$440,000
-36.97%
Current Estimated Value
$1,556,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$806,843
Avg. Annual Appreciation
6.01%
Original Mortgage
$620,000
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 1, 1998
Sold by
2032 Associates
Bought by
Slp 2017
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
Allen Sean K $750,000 None Available
Slp 2017 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Sean K $1,160,000
Closed Allen Jeong I $40,000
Closed Allen Sean K $1,275,000
Closed Allen Sean K $1,125,000
Closed Allen Sean K $620,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2013 04/22/13 Sold $750,000 -37.0% $114 / Sq Ft
03/06/2013 03/06/13 Pending -- -- --
06/10/2011 06/10/11 For Sale $1,190,000 -- $180 / 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 $10,182 $1,334,700 $400,400 $934,300
2024 $10,182 $1,334,700 $400,400 $934,300
2023 $10,182 $1,334,700 $400,400 $934,300
2022 $10,131 $727,405 $400,400 $327,005
2021 $10,131 $0 $0 $0
2020 $10,131 $0 $0 $0
2019 $9,686 $0 $0 $0
2018 $10,499 $0 $0 $0
2017 $10,499 $0 $0 $0
2016 $15,392 $0 $0 $0
2015 $14,735 $0 $0 $0
2014 -- $1,129,600 $169,419 $960,181
2012 -- $72,000 $36,760 $35,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004421462

Bright MLS

APN: 152004500