NOT LISTED FOR SALE

Estimated Value: $364,000 - $423,000

-- Bed
-- Bath
2,539 Sq Ft
$155/Sq Ft Est. Value

Last Sold January 12, 2017

Last sale price $125,000 $49 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $2,743/month

18 Days on Market

Highlights

  • No HOA
  • 5-minute walk to 52Nd Street
  • Heating System Uses Gas
  • En-Suite Primary Bedroom

About This Home

As of January 2017

This is a solid triplex that was rehabbed about 10 years ago. There is a record of good tenancy and the property has been well maintained. Everything had been upgraded during the rehabilitation process. All utilities, with the exception of water, have been separated. Tenants are responsible for electric and gas. Although this is a twin triplex, the twin which is attached to this property is also for sale. Here is an opportunity for the savvy investor to own six units, all in one place. This area is developing rapidly. Because the units are tenant occupied, the seller is requiring 24 hours notice. Just call the appointment center to arrange a showing. Listing agent will be present at showings. PLEASE NOTE THAT BOTH 21 AND 23 N. 50TH MUST BE SOLD AS A PAIR. THEY CANNOT BE SOLD SEPARATELY.

Last Agent to Sell the Property

Eileen Gray

Coldwell Banker Realty License #RS227918L Listed on: 10/25/2016

Coldwell Banker Realty

Last Buyer's Agent

LANDRY NGUEMA OBAME

KW Empower

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,750

Year Built

  • Built in 1916

Lot Details

  • 2,530 Sq Ft Lot
  • Lot Dimensions are 23x110
  • Property is in below average condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,539 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 75
  • Assessor Parcel Number 441056500

Community Details

Overview

  • No Home Owners Association
  • Philadelphia Subdivision

Building Details

  • Insurance Expense $1,200
  • Maintenance Expense $1,000
  • Operating Expense $5,150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,750

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1916
  • Remarks Public: This is a solid triplex that was rehabbed about 10 years ago. There is a record of good tenancy and the property has been well maintained. Everything had been upgraded during the rehabilitation process. All utilities, with the exception of water, have been separated. Tenants are responsible for electric and gas. Although this is a twin triplex, the twin which is attached to this property is also for sale. Here is an opportunity for the savvy investor to own six units, all in one place. This area is developing rapidly. Because the units are tenant occupied, the seller is requiring 24 hours notice. Just call the appointment center to arrange a showing. Listing agent will be present at showings. PLEASE NOTE THAT BOTH 21 AND 23 N. 50TH MUST BE SOLD AS A PAIR. THEY CANNOT BE SOLD SEPARATELY.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2539
  • Living Area Sq Ft: 2539
  • Price Per Sq Ft: 55.14
  • Above Grade Finished Sq Ft: 2539
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 21

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
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1200.00
  • 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: 106250.00
  • Land Assessed Value: 18750.00
  • Land Use Code: N50
  • Lot Size Acres: 0.06
  • Lot Dimensions: 23X110
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2530.00
  • Property Attached Yn: Yes
  • Property Condition: Below Average
  • Zoning: RTA1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 21600.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1198813
  • Tax Annual Amount: 1750.00
  • Assessor Parcel Number: 441056500
  • Tax Lot: 75
  • Tax Year: 2016
  • Close Date: 01/12/2017

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2016
Closed on
Jan 6, 2017
Sold by
Allen Eric and Fuhr Wendy
Bought by
Emma Residential Llc
Seller's Agent
Eileen Gray
Coldwell Banker Realty
Buyer's Agent
LANDRY NGUEMA OBAME
KW Empower
List Price
$140,000
Sold Price
$125,000
Premium/Discount to List
-$15,000
-10.71%
Total Days on Market
18
Current Estimated Value
$393,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,500
Avg. Annual Appreciation
14.59%

Purchase Details

Closed on
Dec 18, 2002
Sold by
Kradzinski Daniel T and Kradzinski Alice J
Bought by
Allen Eric and Fuhr Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,400
Interest Rate
6.11%
Mortgage Type
Commercial
Source: Public Records

Similar Homes in Philadelphia, PA

  • 4029 Brown St, Philadelphia, PA 19104

    $395,000

    • Studio
    • 1,872 Sq Ft
    • 4029 Brown St
    • Philadelphia, PA

    Take a look at this well maintained duplex, boasting two generously sized apartments. The first unit offers a cozy yet beautiful 2-bedroom, 1-bathroom living space complemented by an ample yard. Meanwhile, the second unit features a roomy 3-bedroom, 1-bathroom layout with plenty of space to relax and unwind.

    Zakiya Eleby Opulent Realty Group LLC

    Section Image
  • 5900 Pine St, Philadelphia, PA 19143

    $350,000

    • Studio
    • 1,600 Sq Ft
    • 5900 Pine St
    • Philadelphia, PA

    This fully electric quadruplex presents an excellent investment opportunity with strong cash flow potential. The property consists of three 1-bedroom apartments and one studio, with three of the units delivered vacant, allowing immediate leasing at projected rents exceeding $900 per month per unit. The fully electric design contributes to minimal utility costs, with the house meter consuming an

    Tal Iss ISS Realty, LLC

    Section Image
  • 2833 Poplar St, Philadelphia, PA 19130

    $425,000

    • Studio
    • 1,872 Sq Ft
    • 2833 Poplar St
    • Philadelphia, PA

    INVESTOR OPPORUNITY in Fairmount! RM1 zoning provides the ability to build multi-unit new construction by right. This amazing 16 x 97 lot offers an abundace of development potential. This fantastic location cannot be beat with its close proximity to Kelly Drive and the Art Museum. Only cash or strong renovation financing will be considered. See agent remarks for more information. Bring

    Christina Briglia KW Empower

    Section Image
  • 7343 Ruskin Rd, Philadelphia, PA 19151

    $314,900

    • Studio
    • 2,132 Sq Ft
    • 7343 Ruskin Rd
    • Philadelphia, PA

    Good Condition 2 + 2 Duplex in Overbrook Park. This property was originally built as a duplex and thus the building layout is set-up perfectly for (2) families. Main entrance is a common area hallway with access to both units and common area lower level. Lower level area contains laundry area, private storage rooms for each unit and a large enclosed garage area. Both 2 bedroom, 1 bathroom

    Seth Floyd Opulent Realty Group LLC

    Section Image
  • 1427 Point Breeze Ave, Philadelphia, PA 19146

    $360,000

    • Studio
    • 3,500 Sq Ft
    • 1427 Point Breeze Ave
    • Philadelphia, PA

    Investor Alert! The property is framed and ready for finishing, featuring 3 total units - 1 commercial space and 2 residential units, each with 2 bedrooms. Prime opportunity in booming Point Breeze with endless potential. Welcome to 1427 Point Breeze Avenue – a mixed-use triplex featuring (1) commercial unit on the ground floor and (2) residential units above, each designed as a 2-bedroom,

    Maria Quattrone RE/MAX @ HOME

    Section Image
  • 1815 S 20th St, Philadelphia, PA 19145

    $450,000

    • Studio
    • 3,040 Sq Ft
    • 1815 S 20th St
    • Philadelphia, PA

    Fantastic Point Breeze DUPLEX with 2-Car Garage Parking! This property is suited to investors and owner occupants alike. Live in one unit and offset your mortgage payments or simply add a terrific property to your investment portfolio. Recent renovations include a fire alarm system, newer roofing and pavers for private deck, various exterior improvements, and upgraded interior finishes

    Christina Briglia KW Empower

    Section Image
  • 1717 N Gratz St, Philadelphia, PA 19121

    $450,000

    • Studio
    • 1,620 Sq Ft
    • 1717 N Gratz St
    • Philadelphia, PA

    This is a perfect investment property in the Heart of Temple University 2 Bedrooms and 1 Bathroom on the 1st floor, 2 Bedrooms and 1 Bathroom on the 2nd floor, and 1 Bedroom 1 Bathroom on the 3rd floor you can live on one floor and the cash flow from the rest of the units will pay your mortgage that equals to rent free all the units are occupied but can be delivered empty if that is the wish of

    Lawrence Eburuoh Nova Realty, LLC

    Section Image
  • 2213 N 16th St, Philadelphia, PA 19132

    $301,000

    • Studio
    • 1,964 Sq Ft
    • 2213 N 16th St
    • Philadelphia, PA

    Investment Opportunity – Spacious Duplex Minutes from Temple University. Presenting a prime investment opportunity at 2213 North 16th Street, Philadelphia, PA 19132—a large duplex located just minutes from Temple University. This property offers exceptional potential for both seasoned investors and those looking to enter the student housing market. Its convenient location near shopping and mass

    Melissa Adams Morris Real of Pennsylvania

    Section Image
  • 2308 N Park Ave, Philadelphia, PA 19132

    $326,000

    • Studio
    • 2,792 Sq Ft
    • 2308 N Park Ave
    • Philadelphia, PA

    Design Your Dream Investment: Semi-Rehabbed Legal Triplex in Thriving "Eds & Meds" District!Seize a unique opportunity to customize your investment! This legal triplex, moments from Temple University, is semi-rehabbed, offering a blank canvas to design as you please and maximize returns.Unbeatable Location & Market Growth: The 19132 zip code saw an 8.1% year-over-year increase in average rent

    Ashley Jengehino KW Empower

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Emma Residential Llc $250,000 None Available
Allen Eric $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mandey Development Llc $735,000
Closed Mandey Development Llc $625,000
Previous Owner Allen Eric $117,750
Previous Owner Ellen Eric $38,000
Previous Owner Allen Eric $71,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2017 01/12/17 Sold $125,000 -10.7% $49 / Sq Ft
11/12/2016 11/12/16 Pending -- -- --
10/25/2016 10/25/16 For Sale $140,000 -- $55 / 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 $6,502 $363,600 $72,720 $290,880
2024 $6,502 $363,600 $72,720 $290,880
2023 $6,502 $464,500 $92,900 $371,600
2022 $2,160 $464,500 $92,900 $371,600
2021 $2,160 $0 $0 $0
2020 $2,160 $0 $0 $0
2019 $2,080 $0 $0 $0
2018 $1,750 $0 $0 $0
2017 $1,750 $0 $0 $0
2016 $1,750 $0 $0 $0
2015 $1,675 $0 $0 $0
2014 -- $125,000 $12,418 $112,582
2012 -- $9,280 $2,000 $7,280
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003634487

Bright MLS

APN: 441056500