NOT LISTED FOR SALE

Estimated Value: $835,276 - $882,000

-- Bed
-- Bath
5,002 Sq Ft
$171/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $770,000 $154 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,224/month

97 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Electric Baseboard Heater
  • 1-minute walk to Spruce Hill Bird Sanctuary
  • Penn Alexander School Rated A-
  • Property is in very good condition

About This Home

As of January 2024

A great opportunity to own an income producing Triplex in the Spruce Hill section of Philadelphia, added bonus located in the Penn-Alexander School Catchment. Unit # 1 is a Bi-level 3 Bedroom, 2.5 bath, large yard. This unit was 2 units that were completely renovated to create a beautiful owner/occupied unit with separate private entrance. Unit #2 at present is a 1 Bedroom, 1 bath which can easily be made into a 2 Bedroom. Unit #3 is a 4 Bedoon, 2 Bath. Prime location, close to HUP, Penn, Chop, Drexel, Science Center, and10 minutes from Center City.

Last Agent to Sell the Property

Linda O'Connell

Elfant Wissahickon-Rittenhouse Square License #143402 Listed on: 08/25/2023

Elfant Wissahickon-Rittenhouse Square

Last Buyer's Agent

Anastasia Gelashvili

RE/MAX Keystone

RE/MAX Keystone

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,857

Year Built

  • Built in 1923

Lot Details

  • 2,925 Sq Ft Lot
  • Lot Dimensions are 20.00 x 150.00
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • 5,002 Sq Ft Home
  • Triplex
  • Brick Foundation
  • Masonry

Schools

  • Penn Alexander Elementary And Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 3 Units
  • Spruce Hill Subdivision

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 461144201

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,857

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: Tenants property
  • New Construction: No
  • Year Built: 1923
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 5002
  • Living Area Sq Ft: 5002
  • Price Per Sq Ft: 165.73
  • Above Grade Finished Sq Ft: 5002
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 212

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, Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Elementary School: PENN ALEXANDER
  • Middle School: PENN ALEXANDER
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397108
  • School District Source: Listing Agent
  • Elementary School: PENN ALEXANDER
  • Middle Or Junior School: PENN ALEXANDER

Lot Info

  • Land Use Code: U50
  • Lot Size Acres: 0.07
  • Lot Dimensions: 20.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2925.00
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: CMX2

Rental Info

  • Existing Lease Type: Yearly
  • Rent Control: No
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 3762.00
  • Tax Annual Amount: 6857.00
  • Assessor Parcel Number: 461144201
  • Tax Lot: 36
  • Tax Total Finished Sq Ft: 4141
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/26/2024

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Jan 26, 2024
Sold by
Szumski Kara L
Bought by
Philly I Llc
Seller's Agent
Linda O'Connell
Elfant Wissahickon-Rittenhouse Square
Buyer's Agent
Anastasia Gelashvili
RE/MAX Keystone
List Price
$849,000
Sold Price
$770,000
Premium/Discount to List
-$79,000
-9.31%
Views
51
Current Estimated Value
$853,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,759
Avg. Annual Appreciation
6.80%
Original Mortgage
$539,000
Outstanding Balance
$530,561
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$324,296

Purchase Details

Closed on
Jan 14, 2022
Sold by
Lyle Lorin L and Lyle Kara L
Bought by
Szumski Kara L

Purchase Details

Closed on
Feb 15, 2017
Sold by
Hinton Katherine and Lyle Lorin
Bought by
Lyle Lorin and Szumski Kara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
4.12%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 3, 2012
Closed on
Dec 21, 2012
Sold by
Kidd Violetta
Bought by
Hinton Katherine and Lyle Lorin
Seller's Agent
Salima Cunningham
Marvin Capps Realty Inc
Buyer's Agent
Linda O'Connell
Elfant Wissahickon-Rittenhouse Square
List Price
$459,900
Sold Price
$398,000
Premium/Discount to List
-$61,900
-13.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%
Original Mortgage
$291,000
Interest Rate
3.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 20, 2009
Sold by
Joseph Gerard W A
Bought by
Kidd Violetta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 3, 2001
Sold by
Donald Lathan and Donald Katrina
Bought by
Joseph Gerard W A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,500
Interest Rate
7.1%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 5, 1998
Sold by
Knapp Lou Elizabeth Lombard and Estate Of Marjorie Watkins
Bought by
Donald Lathan and Donald Katrina

Purchase Details

Closed on
Jun 8, 1998
Sold by
Jones Robert
Bought by
Knapp Lou Elizabeth Lombard and Estate Of Marjorie Watkins
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
Philly I Llc $770,000 American Legal Abstract
Szumski Kara L -- None Listed On Document
Lyle Lorin -- American Legal Abstract Llc
Hinton Katherine $388,000 None Available
Kidd Violetta $480,000 None Available
Joseph Gerard W A $133,000 --
Donald Lathan $20,000 --
Knapp Lou Elizabeth Lombard $13,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Philly I Llc $539,000
Previous Owner Lyle Lorin $428,000
Previous Owner Hinton Katherine $291,000
Previous Owner Kidd Violetta $360,000
Previous Owner Joseph Gerard W A $150,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $770,000 -7.1% $154 / Sq Ft
11/30/2023 11/30/23 Pending -- -- --
10/29/2023 10/29/23 Price Changed $829,000 -2.4% $166 / Sq Ft
08/25/2023 08/25/23 For Sale $849,000 0.0% $170 / Sq Ft
02/10/2023 02/10/23 Rented $2,350 +2.2% --
01/23/2023 01/23/23 Price Changed $2,300 -4.2% $1 / Sq Ft
01/18/2023 01/18/23 For Rent $2,400 0.0% --
12/21/2012 12/21/12 Sold $398,000 -13.5% $96 / Sq Ft
11/07/2012 11/07/12 Pending -- -- --
01/03/2012 01/03/12 For Sale $459,900 -- $111 / 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 $6,858 $683,400 $136,600 $546,800
2024 $6,858 $683,400 $136,600 $546,800
2023 $6,858 $489,900 $97,980 $391,920
2022 $7,348 $489,900 $97,980 $391,920
2021 $7,348 $0 $0 $0
2020 $7,348 $0 $0 $0
2019 $7,072 $0 $0 $0
2018 $5,598 $0 $0 $0
2017 $5,598 $0 $0 $0
2016 $5,455 $0 $0 $0
2015 $5,222 $0 $0 $0
2014 -- $399,900 $91,712 $308,188
2012 -- $24,032 $6,314 $17,718
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2269702

Bright MLS

APN: 461144201