NOT LISTED FOR SALE

218 W Walnut Ln Philadelphia, PA 19144

Germantown Neighborhood
-- Bed
-- Bath
7,154 Sq Ft
0.4 Acres

Last Sold May 20, 2013

Last sale price $385,000 $54 Per Sq Ft

115 Days on Market

Highlights

  • 0.4 Acre Lot
  • No HOA
  • En-Suite Primary Bedroom
  • Wood Flooring
  • 3 Car Detached Garage
  • Forced Air Heating System

About This Home

As of May 2013

6 unit investment property. Positive cash flow. Separate utilities. Sited in the heart of Tulpehocken Station Historic District of West Central Germantown. Public transportation by bus and train steps away. Fully occupied. Steady tenants. Stunning architecture designed by Hazlehurst & Huckel, late 19th century. Apartments all spacious - most with handsome detail. First floor could be fabulous owner's apartment. Includes detached carriage house/garage (conveyed in as-is condition), off-street parking for all units. 2013 taxes are $6,626. 48 hour notice for showings.

Last Agent to Sell the Property

Judith von Scheven

BHHS Fox & Roach-Chestnut Hill Listed on: 12/10/2012

Co-Listed By

Loretta Witt

BHHS Fox & Roach-Chestnut Hill License #AB060272L

Last Buyer's Agent

Ben Slater

RE/MAX Preferred - Newtown Square License #RS314851

RE/MAX Preferred - Newtown Square

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,396

Year Built

  • Built in 1893

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 75x232
  • Northwest Facing Home
  • Property is in good condition

Parking

  • 3 Car Detached Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof
  • Stone Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 7,154 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storage In Attic

Flooring

  • Wood
  • Stone

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 79
  • Assessor Parcel Number 593061000

Community Details

Overview

  • No Home Owners Association
  • Germantown Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Income includes laundry
  • Electric Expense $840
  • Insurance Expense $4,287
  • Maintenance Expense $12,000
  • Other Expense $6,000
  • Operating Expense $33,207

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,396

Year Built

Built in 1893

Lot Details

0

Parking

3

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Exclusions: Stainles Steel Range In 1st Floor Apartment
  • Inclusions: Contact Listing Agent
  • New Construction: No
  • Other Expense: 6000.00
  • Storage: Basement, Attic
  • Year Built: 1893
  • Remarks Public: 6 unit investment property. Positive cash flow. Separate utilities. Sited in the heart of Tulpehocken Station Historic District of West Central Germantown. Public transportation by bus and train steps away. Fully occupied. Steady tenants. Stunning architecture designed by Hazlehurst & Huckel, late 19th century. Apartments all spacious - most with handsome detail. First floor could be fabulous owner's apartment. Includes detached carriage house/garage (conveyed in as-is condition), off-street parking for all units. 2013 taxes are $6,626. 48 hour notice for showings.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood, Stone
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Common, Has Laundry
  • Total Sq Ft: 7154
  • Living Area Sq Ft: 7154
  • Price Per Sq Ft: 62.90
  • Above Grade Finished Sq Ft: 7154
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 218

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Stone
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Oversized
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Annual Heating Expense: 984.00
  • Central Air Conditioning: No
  • Electric Expense: 840.00
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 2700.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Improvement Assessed Value: 41991.00
  • Land Assessed Value: 25817.00
  • Land Use Code: C58
  • Lot Size Acres: 0.40
  • Lot Dimensions: 75X232
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17400.00
  • Property Condition: Good
  • Zoning: R3

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 59460.00
  • Income Includes: Laundry
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

Tax Info

  • Assessor Parcel Number: 1321954
  • Tax Annual Amount: 6396.00
  • Assessor Parcel Number: 593061000
  • Tax Lot: 79
  • Tax Year: 2012
  • Close Date: 05/20/2013

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2013 05/20/13 Sold $385,000 -14.4% $54 / Sq Ft
04/04/2013 04/04/13 Pending -- -- --
12/10/2012 12/10/12 For Sale $450,000 -- $63 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Judith von Scheven

    BHHS Fox & Roach

    Section Image
  • Loretta Witt

    Seller Co-Listing Agent in 2013

    Loretta Witt

    BHHS Fox & Roach

    (215) 264-3074

    19 in this area

    144 Total Sales

    Loretta Witt
    Section Image
  • Ben Slater

    Buyer's Agent in 2013

    Ben Slater

    RE/MAX

    (610) 348-0446

    75 Total Sales

    Ben Slater
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1004182024

Bright MLS

APN: 59-3-0610-00

Pennsylvania Philadelphia County Philadelphia 19144 Germantown

218 W Walnut Ln, Philadelphia, PA

This home is located at 218 W Walnut Ln, Philadelphia, PA 19144 since 10 December 2012. This property was built in 1893. 218 W Walnut Ln is a home located in Philadelphia County with nearby schools including Anna Lane Lingelbach School, Roxborough High School, and Mastery Charter School Pickett Campus.

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