NOT LISTED FOR SALE

2127 N Front St Philadelphia, PA 19122

East Kensington Neighborhood

Estimated Value: $1,234,000

-- Bed
-- Bath
3,896 Sq Ft
$317/Sq Ft Est. Value

Last Sold June 17, 2020

Last sale price $1,150,000 $295 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,744/month

Highlights

  • New Construction
  • 3-minute walk to York-Dauphin
  • Balcony
  • Contemporary Architecture
  • No HOA
  • 2-minute walk to Emerald Street Community Farm

About This Home

As of June 2020

Attention Investors - New Construction, mixed use investment opportunity located on Philadelphia s hottest commercial corridor, North Front Street. In walking distance to many of the city's most popular restaurants, bars and a the Market/Frankford Line, providing easy, quick access back to Center City. Five units total, four of which are spacious apartments ranging from 725 to 1300 square feet. Each apartment is equipped with a private balcony or deck, beautiful quartz countertops, a breakfast nook, in-unit washer and dryer, Nest thermostats and smart locks. One retail space with 16 feet of frontage, ideal for ATM location, start up or local boutique. Unit A: 1st floor and lower level (both 2 bed, 1.5 bath) with outdoor space, Unit B: 2 bed 1 bath with rear deck, Unit C: (Bilevel) 1 bedroom 1 bath with private roof deck, Unit D: 2 bed 1 bath with private roof deck. The property is separately metered and operates off electric. The property is located within a Qualified Opportunity Zone.

Last Agent to Sell the Property

Justin Bresson

(610) 613-7750 justinbresson@gmail.com Keller Williams Main Line Listed on: 10/30/2019

Keller Williams Main Line

Last Buyer's Agent

Justin Bresson

(610) 613-7750 justinbresson@gmail.com Keller Williams Main Line Listed on: 10/30/2019

Keller Williams Main Line

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,011

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 1,440 Sq Ft Lot
  • Lot Dimensions are 16.00 x 90.03

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Finished Basement

Community Details

  • No Home Owners Association
  • 4 Units
  • 4-Story Building
  • Fishtown Subdivision

Listing and Financial Details

  • Tax Lot 89
  • Assessor Parcel Number 885363080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,011

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • New Construction: Yes
  • Year Built: 2019
  • Remarks Public: Attention Investors - New Construction, mixed use investment opportunity located on Philadelphia s hottest commercial corridor, North Front Street. In walking distance to many of the city's most popular restaurants, bars and a the Market/Frankford Line, providing easy, quick access back to Center City. Five units total, four of which are spacious apartments ranging from 725 to 1300 square feet. Each apartment is equipped with a private balcony or deck, beautiful quartz countertops, a breakfast nook, in-unit washer and dryer, Nest thermostats and smart locks. One retail space with 16 feet of frontage, ideal for ATM location, start up or local boutique. Unit A: 1st floor and lower level (both 2 bed, 1.5 bath) with outdoor space, Unit B: 2 bed 1 bath with rear deck, Unit C: (Bilevel) 1 bedroom 1 bath with private roof deck, Unit D: 2 bed 1 bath with private roof deck. The property is separately metered and operates off electric. The property is located within a Qualified Opportunity Zone.
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3896
  • Living Area Sq Ft: 3896
  • Price Per Sq Ft: 408.90
  • Above Grade Finished Sq Ft: 3057
  • Below Grade Finished Sq Ft: 839
  • Total Below Grade Sq Ft: 839
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2127

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • 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: Multi Units, Central A/C
  • Heating Fuel: Central, Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

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

  • Land Assessed Value: 215100.00
  • Land Use Code: SC
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 90.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1440.00
  • Outdoor Living Structures: Patio(s), Balcony, Roof
  • Year Assessed: 2020
  • Zoning: CMX2.5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1065144
  • School Tax: 1652.00
  • Tax Annual Amount: 3011.00
  • Assessor Parcel Number: 885363080
  • Tax Lot: 89
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 06/17/2020

Multi Family

  • Single Room Units Count: 1

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2019
Closed on
Jul 24, 2020
Sold by
Front Street Caoital Group Llc
Bought by
The Swaminathan Oz Fund Llc and Pennsylvania Limited Liabily Comapny
Seller's Agent
Justin Bresson
Keller Williams Main Line
Buyer's Agent
Justin Bresson
Keller Williams Main Line
List Price
$1,250,000
Sold Price
$1,150,000
Premium/Discount to List
-$100,000
-8%
Current Estimated Value
$1,234,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,000
Avg. Annual Appreciation
1.34%
Original Mortgage
$862,500
Outstanding Balance
$734,453
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$499,547

Purchase Details

Listed on
Jun 15, 2018
Closed on
Aug 2, 2018
Sold by
2127 Front Llc
Bought by
Front Street Capital Group Llc
Seller's Agent
Ariel Morgenstein
JG Real Estate LLC
Buyer's Agent
Justin Bresson
Keller Williams Main Line
List Price
$195,000
Sold Price
$195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
157.00%

Purchase Details

Listed on
Jun 15, 2018
Closed on
Jul 20, 2018
Sold by
Club Civico Social Aces Borincanos
Bought by
2127 Front Llc
Seller's Agent
Ariel Morgenstein
JG Real Estate LLC
Buyer's Agent
Justin Bresson
Keller Williams Main Line
List Price
$195,000
Sold Price
$195,000

Purchase Details

Closed on
Feb 4, 1999
Sold by
Redevelopment Authority Of The City Of P
Bought by
Club Civico Social Aces Borincanos

Purchase Details

Closed on
Dec 31, 1998
Sold by
City Of Philadelphia
Bought by
Redevelopment Authority Of The City Of P
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
The Swaminathan Oz Fund Llc $1,150,000 Land Services Usa Inc
Front Street Capital Group Llc $195,000 None Available
2127 Front Llc $75,000 Olde City Abstract Inc
Club Civico Social Aces Borincanos $2,214 --
Redevelopment Authority Of The City Of P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Swaminathan Oz Fund Llc $862,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2020 06/17/20 Sold $1,150,000 -8.0% $295 / Sq Ft
02/03/2020 02/03/20 Pending -- -- --
10/30/2019 10/30/19 For Sale $1,250,000 +541.0% $321 / Sq Ft
08/02/2018 08/02/18 Sold $195,000 0.0% --
06/15/2018 06/15/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $195,000 -- --
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 $2,419 $158,400 $158,400 --
2024 $2,419 $158,400 $158,400 --
2023 $2,419 $172,800 $172,800 $0
2022 $2,419 $172,800 $172,800 $0
2021 $3,011 $0 $0 $0
2020 $3,011 $0 $0 $0
2019 $3,011 $0 $0 $0
2018 $852 $0 $0 $0
2017 $228 $0 $0 $0
2016 $228 $0 $0 $0
2015 $218 $0 $0 $0
2014 -- $16,300 $16,300 $0
2012 -- $864 $864 $0
Source: Public Records

Agents Affiliated with this Home

  • Justin Bresson

    Seller's Agent in 2020

    Justin Bresson

    Keller Williams Main Line

    (610) 613-7750

    1 in this area

    139 Total Sales

    Justin Bresson
    Section Image
  • Ariel Morgenstein

    Seller's Agent in 2018

    Ariel Morgenstein

    JG Real Estate

    (215) 740-6226

    10 in this area

    184 Total Sales

    Ariel Morgenstein
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH841384

Bright MLS

APN: 885363080

Pennsylvania Philadelphia County Philadelphia 19122 East Kensington

2127 N Front St, Philadelphia, PA

This home is located at 2127 N Front St, Philadelphia, PA 19122 since 30 October 2019 and is currently estimated at $1,234,000, approximately $316 per square foot. This property was built in 2019. 2127 N Front St is a home located in Philadelphia County with nearby schools including Henry A. Brown School, Kensington Health Sciences Academy, and Kensington High School.

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