NOT LISTED FOR SALE

Estimated Value: $357,000 - $426,000

-- Bed
3 Baths
1,961 Sq Ft
$199/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $350,000 $178 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,519/month

Highlights

  • City View
  • Wood Flooring
  • Interior Lot
  • Straight Thru Architecture
  • No HOA
  • Back and Side Yard

About This Home

As of September 2021

Well-Maintained 3-story Modern Triplex with full basement with exterior access! Basement - full and cemented with exterior entrance and all systems with separate gas for cooking, hot water and electric. Property has one heater and heat is paid by the Owner. Property has three(1) modern 1-bedroom apartments fully rented. Property has gross income of $34,680.00 a year excluding the possible use of the basement due to exterior entrance.

Last Agent to Sell the Property

Michael Giordano Sr.

Century 21 Forrester Real Estate License #9110224 Listed on: 05/28/2021

Century 21 Forrester Real Estate

Last Buyer's Agent

Jinwei Zheng

BY Real Estate License #Ab069171

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,895

Year Built

  • Built in 1915

Lot Details

  • 911 Sq Ft Lot
  • Lot Dimensions are 15.75 x 57.83
  • Interior Lot
  • Level Lot
  • Back and Side Yard
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Straight Thru Architecture
  • Flat Roof Shape
  • Stone Foundation
  • Plaster Walls
  • Masonry

Interior Spaces

  • 1,961 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Insulated Windows
  • Double Hung Windows
  • City Views

Kitchen

  • Gas Oven or Range
  • Range Hood

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Improved Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Forced Air Heating System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • The owner pays for heat, insurance, real estate taxes
  • Tax Lot 326
  • Assessor Parcel Number 393501500

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 3-Story Building
  • Philadelphia Subdivision

Building Details

  • Insurance Expense $2,200
  • Maintenance Expense $600
  • Trash Expense $500
  • Operating Expense $9,500
  • Gross Income $34,680
  • Net Operating Income $26,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,895

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Exclusions: All appliances owned by the Tenants
  • Historic: No
  • Home Warranty: No
  • Inclusions: All Appliances Owned by the Seller
  • New Construction: No
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Well-Maintained 3-story Modern Triplex with full basement with exterior access! Basement - full and cemented with exterior entrance and all systems with separate gas for cooking, hot water and electric. Property has one heater and heat is paid by the Owner. Property has three(1) modern 1-bedroom apartments fully rented. Property has gross income of $34,680.00 a year excluding the possible use of the basement due to exterior entrance.
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Gas, Range Hood, Refrigerator
  • Flooring Type: Ceramic Tile, Carpet, Laminated, Hardwood, Vinyl
  • Window Features: Double Hung, Insulated
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, Plaster Walls
  • Foundation Details: Stone
  • Room Count: 9
  • Basement: Yes
  • Basement Type: Full, Improved, Outside Entrance, Unfinished
  • Total Sq Ft: 1961
  • Living Area Sq Ft: 1961
  • Price Per Sq Ft: 201.43
  • Above Grade Finished Sq Ft: 1961
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2140

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Roof: Flat
  • 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), Wall Unit
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available
  • Water Source: Public
  • Municipal Trash: Yes

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

  • Improvement Assessed Value: 295496.00
  • Land Assessed Value: 54204.00
  • Land Use Code: U50
  • Lot Features: Interior, Level, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.02
  • Lot Dimensions: 15.75 x 57.83
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 911.00
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: RSA5
  • Zoning Description: Residential

Rental Info

  • Existing Lease Type: Yearly, Net
  • Ground Rent Exists: No
  • Owner Pays: Heat, Insurance, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 34680.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1147913
  • School Tax: 2686.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 4895.00
  • Assessor Parcel Number: 393501500
  • Tax Lot: 326
  • Tax Total Finished Sq Ft: 1961
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 09/27/2021

Multi Family

  • Gross Income: 34680.00
  • Gross Scheduled Income: 34680.00
  • Operating Expense: 9500.00

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Sep 27, 2021
Sold by
Maxcelia Llc
Bought by
Da Fuda Corporation
Seller's Agent
Michael Giordano Sr.
Century 21 Forrester Real Estate
Buyer's Agent
Jinwei Zheng
BY Real Estate
List Price
$549,900
Sold Price
$350,000
Premium/Discount to List
-$199,900
-36.35%
Current Estimated Value
$391,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,121
Avg. Annual Appreciation
1.91%

Purchase Details

Closed on
Oct 23, 2015
Sold by
Berger Arnold
Bought by
Maxcelia Llc

Purchase Details

Closed on
Nov 12, 1990
Bought by
Berger Arnold
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
Da Fuda Corporation $350,000 Quest Abstract
Maxcelia Llc $350,000 None Available
Berger Arnold $50,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2021 09/27/21 Sold $350,000 -11.4% $178 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
07/20/2021 07/20/21 Price Changed $395,000 -20.2% $201 / Sq Ft
06/22/2021 06/22/21 Price Changed $495,000 -10.0% $252 / Sq Ft
05/28/2021 05/28/21 For Sale $549,900 -- $280 / 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 $5,224 $361,600 $72,320 $289,280
2024 $5,224 $361,600 $72,320 $289,280
2023 $5,224 $373,200 $74,640 $298,560
2022 $4,895 $373,200 $74,640 $298,560
2021 $4,895 $0 $0 $0
2020 $4,895 $0 $0 $0
2019 $4,517 $0 $0 $0
2018 $0 $0 $0 $0
2017 $2,643 $0 $0 $0
2016 $2,643 $0 $0 $0
2015 $16,239 $0 $0 $0
2014 -- $166,200 $13,669 $152,531
2012 -- $12,896 $1,426 $11,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH1022964

Bright MLS

APN: 393501500