NOT LISTED FOR SALE

Estimated Value: $908,000 - $1,043,000

-- Bed
4 Baths
2,500 Sq Ft
$385/Sq Ft Est. Value

Last Sold February 03, 2022

Last sale price $865,000 $346 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,933/month

85 Days on Market

About This Home

As of February 2022

Updated 4 unit building available on South Street corridor. This quadruplex has a bi-level 1 bedroom unit on the first floor and one studio apartment. The second floor has a large 1 bedroom unit and a studio apartment. All units have access to the shared rooftop deck with incredible city views! The basement has a shared laundry area for the apartments and a couple of the apartments have their own washer/dryer located within the unit. The gross rents in the building are 5,345/month with room to improve. The owner has updated many of the units and made capital improvements to the roof, roof deck, HVAC, plumbing, and common areas. All utilities are separate besides water, which is paid for by the owner. Own a beautiful building in a prime location, just blocks from Rittenhouse and a short walk to the best restaurants and bars the city has to offer!

Last Agent to Sell the Property

Jim Robertson

OCF Realty LLC - Philadelphia License #RS305074 Listed on: 09/30/2021

OCF Realty LLC - Philadelphia

Last Buyer's Agent

Laurie Sherman

BHHS Fox & Roach At the Harper, Rittenhouse Square License #RS344127

BHHS Fox & Roach At the Harper, Rittenhouse Square

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,633

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 17.00 x 71.00

Parking

  • Parking Lot

Home Design

  • 2,500 Sq Ft Home
  • Quadruplex
  • Stone Foundation
  • Masonry

Utilities

  • Ductless Heating Or Cooling System
  • Wall Furnace

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 263
  • Assessor Parcel Number 302000300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,633

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Unit/Flat
  • New Construction: No
  • Expected On Market: 2021-09-30
  • Year Built: 1920
  • Automatically Close On Close Date: Yes
  • Remarks Public: Updated 4 unit building available on South Street corridor. This quadruplex has a bi-level 1 bedroom unit on the first floor and one studio apartment. The second floor has a large 1 bedroom unit and a studio apartment. All units have access to the shared rooftop deck with incredible city views! The basement has a shared laundry area for the apartments and a couple of the apartments have their own washer/dryer located within the unit. The gross rents in the building are 5,345/month with room to improve. The owner has updated many of the units and made capital improvements to the roof, roof deck, HVAC, plumbing, and common areas. All utilities are separate besides water, which is paid for by the owner. Own a beautiful building in a prime location, just blocks from Rittenhouse and a short walk to the best restaurants and bars the city has to offer!
  • Special Features: None

Interior Features

  • Foundation Details: Stone
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Price Per Sq Ft: 360.00
  • Above Grade Finished Sq Ft: 2500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2102

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: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 381710.00
  • Land Assessed Value: 163590.00
  • Land Use Code: U30
  • Lot Dimensions: 17.00 x 71.00
  • Year Assessed: 2021
  • Zoning: CMX2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1062328
  • School Tax: 4188.00
  • Tax Annual Amount: 7633.00
  • Assessor Parcel Number: 302000300
  • Tax Lot: 263
  • Tax Total Finished Sq Ft: 1788
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/03/2022

Multi Family

  • Single Room Units Count: 2

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Jul 9, 2020
Sold by
Malone Thomas F
Bought by
Dibuonaventura John and Dibuonaventura Rachael
Seller's Agent
Jim Robertson
OCF Realty LLC - Philadelphia
Buyer's Agent
Dava Costello
OCF Realty LLC - Philadelphia
List Price
$669,900
Sold Price
$660,000
Premium/Discount to List
-$9,900
-1.48%
Current Estimated Value
$962,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,044
Avg. Annual Appreciation
6.98%
Original Mortgage
$495,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2004
Sold by
Vomberg Haubold O
Bought by
Malone Thomas F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 16, 2001
Sold by
Deitz Charles A
Bought by
Vomberg Haubold O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 13, 2000
Sold by
Fisher Donald and Fisher Esther Rose
Bought by
Deitz Charles A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,850
Interest Rate
8.28%
Mortgage Type
FHA
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
Dibuonaventura John $660,000 City Abstract Llc
Malone Thomas F $273,000 Lawyers Title Ins
Vomberg Haubold O $205,000 --
Deitz Charles A $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dibuonaventura John $620,000
Closed Dibuonaventura John $495,000
Previous Owner Malone Thomas F $130,000
Previous Owner Vomberg Haubold O $164,000
Previous Owner Deitz Charles A $137,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2022 02/03/22 Sold $865,000 -3.9% $346 / Sq Ft
10/26/2021 10/26/21 Price Changed $900,000 -2.7% $360 / Sq Ft
09/30/2021 09/30/21 For Sale $925,000 +40.2% $370 / Sq Ft
06/30/2020 06/30/20 Sold $660,000 -1.5% $369 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $669,900 0.0% $375 / Sq Ft
08/01/2015 08/01/15 Rented $850 0.0% --
07/13/2015 07/13/15 Under Contract -- -- --
06/24/2015 06/24/15 For Rent $850 -- --
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 $8,294 $657,100 $131,420 $525,680
2024 $8,294 $657,100 $131,420 $525,680
2023 $8,294 $592,500 $118,500 $474,000
2022 $7,633 $592,500 $118,500 $474,000
2021 $7,633 $0 $0 $0
2020 $7,633 $0 $0 $0
2019 $7,811 $0 $0 $0
2018 $4,152 $0 $0 $0
2017 $4,152 $0 $0 $0
2016 $4,152 $0 $0 $0
2015 $3,974 $0 $0 $0
2014 -- $296,600 $66,694 $229,906
2012 -- $30,464 $7,616 $22,848
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2033908

Bright MLS

APN: 302000300