NOT LISTED FOR SALE

2220 N 16th St Philadelphia, PA 19132

North Philadelphia West Neighborhood

Estimated Value: $406,000 - $501,000

-- Bed
3 Baths
2,150 Sq Ft
$206/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $365,000 $170 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,469/month

Highlights

  • Traditional Architecture
  • Open Floorplan
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Ceiling height of 9 feet or more
  • 4-minute walk to Winchester Playground

About This Home

As of September 2022

Calling all savvy owner occupants or turnkey investors! NEW AND IMPROVED , RECENTLY VACATED, FULLY UPDATED and LEGALLY zoned triplex consisting of two 2 bedroom units and one 1 bedroom unit is now available! Property features a sleek façade, separate utility, newer roof and utility throughout. In addition, is perfectly situated near an abundance of public transportation, broad street, 76 and 95 which will make the commute a breeze. So what are you waiting for? This property could generate as much $3,550 a month, 9% cap rate and 18%+ cash on cash return at markets rates but hurry before it's too late! Be advised, all units are identical but photos are of one unit.

Last Agent to Sell the Property

Stephen Kennedy

(267) 614-3033 stephenkennedy@kw.com KW Empower Listed on: 01/31/2022

KW Empower

Last Buyer's Agent

Tim Williams

(267) 934-7426 timwilliamsrealtor@gmail.com Realty One Group Restore - Conshohocken License #RS347060

Realty One Group Restore - Conshohocken

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $922

Year Built

  • Built in 1915 | Remodeled in 2021

Lot Details

  • 1,042 Sq Ft Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Flat Roof Shape
  • Stone Foundation
  • Masonry

Interior Spaces

  • 2,150 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Replacement Windows
  • Six Panel Doors
  • Open Floorplan
  • Unfinished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • 3 Units
  • Temple University Subdivision

Listing and Financial Details

  • Tax Lot 252
  • Assessor Parcel Number 161076200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$922

Year Built

Built in 1915 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Negotiable.
  • Inclusions: Owners appliances.
  • New Construction: No
  • Year Built: 1915
  • Year Renovated: 2021
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: NewHome
  • Stories: 0

Interior Features

  • Appliances: Stove, Refrigerator, Microwave, Dishwasher, Washer, Dryer
  • Flooring Type: Laminate Plank, Hardwood
  • Interior Amenities: Combination Kitchen/Dining, Combination Kitchen/Living
  • Window Features: Replacement
  • Door Features: Six Panel
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2150
  • Living Area Sq Ft: 2150
  • Price Per Sq Ft: 169.77
  • Above Grade Finished Sq Ft: 2150
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2220

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Roof: Flat
  • 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
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Schools

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

Lot Info

  • Land Use Code: U50
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1042.00
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: RSA5
  • Zoning Description: Multi family.

Rental Info

  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • School Tax: 506.00
  • Tax Annual Amount: 922.00
  • Assessor Parcel Number: 161076200
  • Tax Lot: 252
  • Tax Year: 2021
  • Close Date: 09/30/2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2022
Closed on
Sep 26, 2022
Sold by
Anderson Valerie
Bought by
Williams Tenile T
Seller's Agent
Stephen Kennedy
KW Empower
Buyer's Agent
Tim Williams
Realty One Group Restore - Conshohocken
List Price
$379,000
Sold Price
$365,000
Premium/Discount to List
-$14,000
-3.69%
Views
5
Current Estimated Value
$441,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,931
Avg. Annual Appreciation
6.43%
Original Mortgage
$358,388
Outstanding Balance
$342,554
Interest Rate
5.13%
Mortgage Type
FHA
Estimated Equity
$99,377

Purchase Details

Closed on
Mar 10, 2020
Sold by
Renaissance Premier Properti Es Llc
Bought by
Anderson Valerie

Purchase Details

Closed on
Aug 14, 2015
Sold by
Woodson Steven and City Of Philadelphia
Bought by
Renaissance Premier Properties Llc

Purchase Details

Closed on
Aug 30, 2006
Sold by
Woodson Steven and Estate Of Bessie Turner
Bought by
Woodson Steven
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
Williams Tenile T $365,000 --
Anderson Valerie $350,000 Mba Abstract Inc
Renaissance Premier Properties Llc $51,000 None Available
Woodson Steven -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Tenile T $358,388
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2022 09/30/22 Sold $365,000 0.0% $170 / Sq Ft
08/01/2022 08/01/22 Price Changed $364,999 -3.7% $170 / Sq Ft
07/15/2022 07/15/22 Price Changed $379,000 0.0% $176 / Sq Ft
07/15/2022 07/15/22 For Sale $379,000 +3.8% $176 / Sq Ft
03/01/2022 03/01/22 Off Market $365,000 -- --
01/31/2022 01/31/22 For Sale $349,999 -- $163 / 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 $1,600 $372,100 $74,420 $297,680
2024 $1,600 $372,100 $74,420 $297,680
2023 $1,600 $376,200 $75,200 $301,000
2022 $922 $114,330 $75,200 $39,130
2021 $922 $0 $0 $0
2020 $922 $0 $0 $0
2019 $913 $0 $0 $0
2018 $791 $0 $0 $0
2017 $791 $0 $0 $0
2016 $791 $0 $0 $0
2015 $641 $0 $0 $0
2014 -- $47,800 $4,794 $43,006
2012 -- $1,504 $218 $1,286
Source: Public Records

Agents Affiliated with this Home

  • Stephen Kennedy

    Seller's Agent in 2022

    Stephen Kennedy

    KW Empower

    (267) 614-3033

    18 in this area

    376 Total Sales

    Stephen Kennedy
    Section Image

  • T

    Buyer's Agent in 2022

    Tim Williams

    Realty One Group Restore - Conshohocken

    (267) 934-7426

    3 in this area

    66 Total Sales

    Tim Williams
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2076358

Bright MLS

APN: 161076200

Pennsylvania Philadelphia County Philadelphia 19132 North Philadelphia West

2220 N 16th St, Philadelphia, PA

This home is located at 2220 N 16th St, Philadelphia, PA 19132 since 31 January 2022 and is currently estimated at $441,931, approximately $205 per square foot. This property was built in 1915. 2220 N 16th St is a home located in Philadelphia County with nearby schools including Tanner Duckrey School, Kipp North Philadelphia Academy, and Alliance for Progress Charter School.

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