NOT LISTED FOR SALE

Estimated Value: $527,292 - $579,000

-- Bed
4 Baths
2,696 Sq Ft
$205/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $445,000 $165 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,493/month

Highlights

  • City View
  • No HOA
  • 2-minute walk to Ford Playground
  • Traditional Architecture
  • Forced Air Heating System

About This Home

As of December 2020

Investor Alert! lSix unit building in Dickinson Narrow. Property needs cosmetic work but is priced to sell. Great income producing building close to public transportation, dining, parks and more. Five one bedroom units and One 2 bedroom unit. Property is being sold AS-IS.

Last Agent to Sell the Property

Andrew Stimpfle

(484) 201-6326 astimpfle@tcsgroup.com Iron Valley Real Estate of Lehigh Valley Listed on: 11/13/2020

Iron Valley Real Estate of Lehigh Valley

Last Buyer's Agent

Alisha Lan

(267) 528-9965 alishalan410@gmail.com Canaan Realty Investment Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,075

Year Built

  • Built in 1925

Lot Details

  • 1,104 Sq Ft Lot
  • Lot Dimensions are 16.00 x 69.00
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Masonry

Interior Spaces

  • 2,696 Sq Ft Home
  • City Views
  • Basement

Location

  • Urban Location

Schools

  • Francis Scott Key Elementary And Middle School
  • Horace Furness High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 281
  • Assessor Parcel Number 393253200

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Dickinson Narrows Subdivision

Building Details

  • Operating Expense $8,903
  • Net Operating Income $30,757

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,075

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Remarks Public: Investor Alert! lSix unit building in Dickinson Narrow. Property needs cosmetic work but is priced to sell. Great income producing building close to public transportation, dining, parks and more. Five one bedroom units and One 2 bedroom unit. Property is being sold AS-IS.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Total Sq Ft: 2696
  • Living Area Sq Ft: 2696
  • Price Per Sq Ft: 148.37
  • Above Grade Finished Sq Ft: 2696
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2100

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • View: City
  • 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: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Gas Avg Month: 150.00
  • Gas Prev12 Months: 1800.00
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 150
  • Water Previous Twelve Months: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Elementary School: FRANCIS SCOTT KEY SCHOOL
  • Middle School: FRANCIS SCOTT KEY SCHOOL
  • High School: HORACE FURNESS
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200397108
  • School District Source: 3rd Party
  • Elementary School: FRANCIS SCOTT KEY SCHOOL
  • High School: HORACE FURNESS
  • Middle Or Junior School: FRANCIS SCOTT KEY SCHOOL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 125229.00
  • Land Assessed Value: 22971.00
  • Land Use Code: W50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 69.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1104.00
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: CMX2

Rental Info

  • Total Actual Rent: 39660.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1145672
  • School Tax: 1138.00
  • Tax Annual Amount: 2075.00
  • Assessor Parcel Number: 393253200
  • Tax Lot: 281
  • Tax Total Finished Sq Ft: 2696
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/31/2020

Multi Family

  • Operating Expense: 8903.00

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2020
Closed on
Dec 31, 2020
Sold by
Sinn Sinoeun
Bought by
Lin Xiu Jin
Seller's Agent
Andrew Stimpfle
Iron Valley Real Estate of Lehigh Valley
Buyer's Agent
Alisha Lan
Canaan Realty Investment Group
List Price
$400,000
Sold Price
$445,000
Premium/Discount to List
$45,000
11.25%
Current Estimated Value
$553,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,431
Avg. Annual Appreciation
4.68%
Original Mortgage
$333,750
Outstanding Balance
$297,873
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$255,558

Purchase Details

Closed on
Jun 28, 2000
Sold by
Ly Van K and Ly Loung V
Bought by
Sinn Sinoeun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
8.59%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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 Xiu Jin $445,000 First City Abstract Agcy Inc
Sinn Sinoeun $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Xiu Jin $333,750
Previous Owner Sinn Sinoeun $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2020 12/31/20 Sold $445,000 +11.3% $165 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $400,000 -- $148 / 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 $6,561 $355,500 $71,100 $284,400
2024 $6,561 $355,500 $71,100 $284,400
2023 $6,561 $468,700 $93,740 $374,960
2022 $6,561 $468,700 $93,740 $374,960
2021 $2,075 $0 $0 $0
2020 $2,075 $0 $0 $0
2019 $1,915 $0 $0 $0
2018 $1,915 $0 $0 $0
2017 $1,915 $0 $0 $0
2016 $1,915 $0 $0 $0
2015 $1,833 $0 $0 $0
2014 -- $136,800 $16,568 $120,232
2012 -- $6,400 $1,374 $5,026
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH954776

Bright MLS

APN: 393253200