NOT LISTED FOR SALE

Estimated Value: $132,000 - $478,000

0.02 Acre
$12,666,650 Price per Acre
1,043 Sq Ft Lot

Last Sold February 28, 2023

Last sale price $125,000

Est. 103% increase in value since last sale

Current estimated payment $1,426/month

3 Days on Market

About This Lot

As of February 2023

"This shovel-ready project sits 1 block away from rapidly developing American Street. The project sits on a 1,040 sq. ft. lot zoned RSA-5 with a variance secured for a Triplex. The project comes with a 10-year “full” tax abatement (building permit and tax abatement pull / filed before the 12/31/2021 cut-off). Layout as follows: Unit 1 – 3bed/3ba, Unit 2 - 2:1, Unit 3 – 1:1.5. Est Pro forma rent rolls $4,800.

Last Agent to Sell the Property

Albert Lucci

(267) 994-7164 luccirealty@hotmail.com Jay Spaziano Real Estate License #RS272311 Listed on: 01/24/2023

Last Buyer's Agent

Meg Reiss

(302) 245-4552 meganreiss.realtor@gmail.com Keller Williams Main Line

Keller Williams Main Line

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $992

Lot Details

  • 1,043 Sq Ft Lot
  • Lot Dimensions are 18.00 x 60.00
  • Property is zoned RSA5

Utilities

  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 191180800

Property Details

Property Type

Land

Est. Annual Taxes

$992

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Automatically Close On Close Date: Yes
  • Remarks Public: "This shovel-ready project sits 1 block away from rapidly developing American Street. The project sits on a 1,040 sq. ft. lot zoned RSA-5 with a variance secured for a Triplex. The project comes with a 10-year “full” tax abatement (building permit and tax abatement pull / filed before the 12/31/2021 cut-off). Layout as follows: Unit 1 – 3bed/3ba, Unit 2 - 2:1, Unit 3 – 1:1.5. Est Pro forma rent rolls $4,800.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 119.85
  • Street Number Modifier: 2210

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.02
  • Lot Dimensions: 18.00 x 60.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1043.00
  • Zoning: RSA5
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 988594
  • Tax Annual Amount: 992.00
  • Assessor Parcel Number: 191180800
  • Tax Year: 2022
  • Close Date: 02/28/2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
Feb 28, 2023
Sold by
Murphy Micuael Lee
Bought by
Ltd 2210 Llc
Seller's Agent
Albert Lucci
Jay Spaziano Real Estate
Buyer's Agent
Meg Reiss
Keller Williams Main Line
List Price
$125,000
Sold Price
$125,000
Views
13
Current Estimated Value
$253,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,333
Avg. Annual Appreciation
33.74%
Original Mortgage
$500,000
Outstanding Balance
$487,135
Interest Rate
6.15%
Mortgage Type
Construction
Estimated Equity
-$222,468

Purchase Details

Listed on
Sep 10, 2019
Closed on
Dec 2, 2019
Sold by
Geena Llc
Bought by
Murphy Michael Lee
Seller's Agent
Aws Bisharat Abdelaziz
RE/MAX Access
Buyer's Agent
Heather Gunkel
Keller Williams Real Estate-Langhorne
List Price
$99,900
Sold Price
$92,000
Premium/Discount to List
-$7,900
-7.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%

Purchase Details

Closed on
Jan 12, 2018
Sold by
Resto Jose and City Of Philadelphia
Bought by
Geena Llc

Purchase Details

Closed on
Aug 14, 1973
Bought by
Jose Resto
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ltd 2210 Llc $125,000 --
Murphy Michael Lee $92,000 Bucks Cnty Abstract Svcs Llc
Geena Llc $31,000 None Available
Jose Resto -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ltd 2210 Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $125,000 0.0% --
01/27/2023 01/27/23 Pending -- -- --
01/24/2023 01/24/23 For Sale $125,000 +35.9% --
12/02/2019 12/02/19 Sold $92,000 -7.9% --
11/01/2019 11/01/19 Pending -- -- --
09/10/2019 09/10/19 For Sale $99,900 -- --
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 $992 $56,800 $56,800 --
2024 $992 $56,800 $56,800 --
2023 $992 $70,900 $70,900 $0
2022 $169 $70,900 $70,900 $0
2021 $169 $0 $0 $0
2020 $169 $0 $0 $0
2019 $169 $0 $0 $0
2018 $169 $0 $0 $0
2017 $169 $0 $0 $0
2016 $62 $0 $0 $0
2015 $59 $0 $0 $0
2014 -- $4,400 $4,400 $0
2012 -- $320 $320 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2196174

Bright MLS

APN: 191180800