NOT LISTED FOR SALE

Estimated Value: $318,066 - $330,000

-- Bed
3 Baths
2,307 Sq Ft
$140/Sq Ft Est. Value

Last Sold June 12, 2024

Last sale price $315,000 $137 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,231/month

44 Days on Market

Highlights

  • Central Heating and Cooling System
  • Electric Baseboard Heater
  • 3-minute walk to Ford Playground

About This Home

As of June 2024

Wonderful investment opportunity available in prime south Philadelphia location! This triplex consists of three 2-bedroom apartments . First and 3rd Floor tenant occupies 2nd Fl vacant now.

Last Agent to Sell the Property

Tom Wang

Philly Real Estate License #RS304852 Listed on: 03/07/2024

Last Buyer's Agent

Suqing Fan

Triamond Realty License #RS304225

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,948

Year Built

  • Built in 1915

Lot Details

  • 960 Sq Ft Lot
  • Lot Dimensions are 15.00 x 64.00

Parking

  • On-Street Parking

Home Design

  • 2,307 Sq Ft Home
  • Triplex
  • AirLite
  • Masonry

Utilities

  • Central Heating and Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 191
  • Assessor Parcel Number 393252500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,948

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Airlite
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Automatically Close On Close Date: Yes
  • Remarks Public: Wonderful investment opportunity available in prime south Philadelphia location! This triplex consists of three 2-bedroom apartments . First and 3rd Floor tenant occupies 2nd Fl vacant now.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Total Sq Ft: 2307
  • Living Area Sq Ft: 2307
  • Price Per Sq Ft: 168.62
  • Above Grade Finished Sq Ft: 2307
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2022

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: Electric
  • Heating Type: Central, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 15.00 x 64.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 960.00
  • Year Assessed: 2023
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2715.00
  • Tax Annual Amount: 4948.00
  • Assessor Parcel Number: 393252500
  • Tax Lot: 191
  • Tax Total Finished Sq Ft: 2307
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/12/2024

Multi Family

  • Single Room Units Count: 20

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
Jun 11, 2024
Sold by
Zheng Bao Qiu and Zheng Mei Fang
Bought by
Lin Dewang
Seller's Agent
Tom Wang
Philly Real Estate
Buyer's Agent
Suqing Fan
Triamond Realty
List Price
$389,000
Sold Price
$315,000
Premium/Discount to List
-$74,000
-19.02%
Views
22
Current Estimated Value
$333,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,744
Avg. Annual Appreciation
4.28%
Original Mortgage
$220,500
Outstanding Balance
$218,538
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$112,012

Purchase Details

Closed on
Apr 22, 2009
Sold by
Tadeo Onofre Olegario and Tadeo Filemon
Bought by
Zheng Bao Qiu and Zheng Mei Fang

Purchase Details

Closed on
Apr 29, 2002
Sold by
Ho Seng Rithy Ambo and Ho Seng Kim
Bought by
Tadeo Onofre Olegario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
9.5%
Mortgage Type
Seller Take Back
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
Lin Dewang $315,000 First City Abstract
Zheng Bao Qiu $180,000 None Available
Tadeo Onofre Olegario $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Dewang $220,500
Previous Owner Tadeo Olegario $154,500
Previous Owner Tadeo Olegario $140,000
Previous Owner Tadeo Olegario $105,200
Previous Owner Tadeo Onofre Olegario $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2024 06/12/24 Sold $315,000 -19.0% $137 / Sq Ft
04/20/2024 04/20/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $389,000 -- $169 / 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 $4,948 $376,200 $75,240 $300,960
2024 $4,948 $376,200 $75,240 $300,960
2023 $4,948 $353,500 $70,700 $282,800
2022 $3,805 $353,500 $70,700 $282,800
2021 $3,805 $0 $0 $0
2020 $3,805 $0 $0 $0
2019 $3,511 $0 $0 $0
2018 $2,564 $0 $0 $0
2017 $2,564 $0 $0 $0
2016 $2,564 $0 $0 $0
2015 $2,060 $0 $0 $0
2014 -- $153,700 $14,496 $139,204
2012 -- $5,344 $857 $4,487
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2329724

Bright MLS

APN: 393252500