NOT LISTED FOR SALE

Estimated Value: $629,735

-- Bed
-- Bath
2,092 Sq Ft
$301/Sq Ft Est. Value

Last Sold June 05, 2018

Last sale price $399,999 $191 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,567/month

Highlights

  • Wood Flooring
  • Security Gate
  • Forced Air Heating and Cooling System
  • No HOA
  • En-Suite Primary Bedroom
  • 2-minute walk to Norris Square Park

About This Home

As of June 2018

ATTENTION!!!! Don't miss your opportunity to own this incredible newly renovated residential TRIPLEX in Old Kensington! Just steps from Fishtown and Northern Liberties, two of the fastest growing and exciting sections of Philadelphia. Close to so many bars and restaurants, and a quick walk to the Market Frankford Line (Berks Station). (2) two bedroom units and (1) one bedroom unit. Great unit mix and easy to lease! These units have been completely redone! Featuring brand new kitchens with stainless steel appliances, newly finished bathrooms, all new flooring, new in-unit HVAC systems. Each unit was meticulously updated and no expense was spared. Long-term cashflow potential is unlimited here! There are plans for a 78 Unit Apartment Building across the street, this area is about to explode!! Lease up in progress. 10 appointments after being listed for just two days by the current owner! Don't wait long, this property will sell fast!!!

Last Agent to Sell the Property

Eric Feinberg

(484) 948-5872 ericfeinberg@kw.com Keller Williams Realty Group Listed on: 04/21/2018

Keller Williams Realty Group

Last Buyer's Agent

Danielle Py-Salas

(484) 830-1777 info@salasteam.net EXP Realty, LLC License #1325171

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,139

Year Built

  • Built in 1919

Lot Details

  • 1,170 Sq Ft Lot
  • Lot Dimensions are 18x65
  • West Facing Home
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,092 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Security Gate

Flooring

  • Wood
  • Tile or Brick

Eco-Friendly Details

  • Energy-Efficient Windows

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 211
  • Assessor Parcel Number 871099350

Community Details

Overview

  • No Home Owners Association
  • Olde Kensington Subdivision

Building Details

  • Operating Expense $1,139

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,139

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1919
  • Remarks Public: ATTENTION!!!! Don't miss your opportunity to own this incredible newly renovated residential TRIPLEX in Old Kensington! Just steps from Fishtown and Northern Liberties, two of the fastest growing and exciting sections of Philadelphia. Close to so many bars and restaurants, and a quick walk to the Market Frankford Line (Berks Station). (2) two bedroom units and (1) one bedroom unit. Great unit mix and easy to lease! These units have been completely redone! Featuring brand new kitchens with stainless steel appliances, newly finished bathrooms, all new flooring, new in-unit HVAC systems. Each unit was meticulously updated and no expense was spared. Long-term cashflow potential is unlimited here! There are plans for a 78 Unit Apartment Building across the street, this area is about to explode!! Lease up in progress. 10 appointments after being listed for just two days by the current owner! Don't wait long, this property will sell fast!!!
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Tile/Brick
  • Window Features: Energy Efficient
  • Fireplace: No
  • Entry Location: Common
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2092
  • Living Area Sq Ft: 2092
  • Price Per Sq Ft: 191.20
  • Above Grade Finished Sq Ft: 2092
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2019

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Exterior Features: Sidewalks
  • 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
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Electric, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security Gate
  • 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

  • Improvement Assessed Value: 65120.00
  • Land Assessed Value: 16280.00
  • Land Use Code: Y50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 18X65
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1170.00
  • Property Condition: Good
  • Zoning: CMX-2

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 40800.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 986936
  • Tax Annual Amount: 1139.00
  • Assessor Parcel Number: 871099350
  • Tax Lot: 211
  • Tax Year: 2018
  • Close Date: 06/05/2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2018
Closed on
Jun 5, 2018
Sold by
Martinez Omar
Bought by
Kelly Arthuer Bruce and Kelly Arthuer
Seller's Agent
Eric Feinberg
Keller Williams Realty Group
Buyer's Agent
Danielle Py-Salas
EXP Realty, LLC
List Price
$399,999
Sold Price
$399,999
Current Estimated Value
$629,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,736
Avg. Annual Appreciation
6.37%
Original Mortgage
$292,500
Outstanding Balance
$252,963
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$376,772

Purchase Details

Closed on
Aug 15, 2017
Sold by
Moreira Miguel
Bought by
Martinez Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,550
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 15, 1999
Sold by
Chacon Carlos A
Bought by
Moreira Miguel
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
Kelly Arthuer Bruce $399,999 None Available
Martinez Omar $219,400 None Available
Moreira Miguel $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Arthuer Bruce $292,500
Previous Owner Martinez Omar $164,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/05/2018 06/05/18 Sold $399,999 0.0% $191 / Sq Ft
04/22/2018 04/22/18 Pending -- -- --
04/21/2018 04/21/18 For Sale $399,999 +82.3% $191 / Sq Ft
06/06/2017 06/06/17 Sold $219,400 -11.9% $105 / Sq Ft View Prior Sale
04/22/2017 04/22/17 Pending -- -- --
02/02/2017 02/02/17 For Sale $249,000 -- $119 / 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 $2,591 $156,400 $31,280 $125,120
2024 $2,591 $156,400 $31,280 $125,120
2023 $2,591 $185,100 $37,000 $148,100
2022 $1,218 $185,100 $37,000 $148,100
2021 $1,218 $0 $0 $0
2020 $1,218 $0 $0 $0
2019 $1,207 $0 $0 $0
2018 $1,139 $0 $0 $0
2017 $1,172 $0 $0 $0
2016 $1,172 $0 $0 $0
2015 $1,122 $0 $0 $0
2014 -- $83,700 $11,700 $72,000
2012 -- $11,264 $2,816 $8,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000429038

Bright MLS

APN: 871099350