NOT LISTED FOR SALE

2223 Mount Vernon St Philadelphia, PA 19130

Spring Garden Neighborhood

Estimated Value: $930,874 - $1,022,000

-- Bed
4 Baths
2,396 Sq Ft
$408/Sq Ft Est. Value

Last Sold December 15, 2016

Last sale price $725,000 $303 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,040/month

10 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted In Outer Wall Opening
  • Ceiling Fan
  • No HOA
  • En-Suite Primary Bedroom
  • South Facing Home

About This Home

As of December 2016

Lovely historic, multi-family row home in one of Philadelphia's most beautiful neighborhoods. 2223 Mount Vernon is a fantastic investment opportunity. Enter the property into a shared stairway. The first unit, just recently refinished, includes 1 bedroom, 2 bathrooms, and a powder room on 3 levels. Unique details include gorgeous antique windows by the front entryway, and a spiral staircase that climbs alongside tall custom-built bookshelves. On the main level you'll find a front living space and a newly updated kitchen with stainless steel appliances. On the upper level is a large bedroom with a large full bathroom and ample closet space. On the lower level is a large flex space with a full bathroom. This unit has central AC, and a washer and dryer. In addition, it includes a spacious back patio with well maintained landscaping. Although currently rented, this first unit would make a great owner's unit. The second unit, located on the second floor, is a roomy studio apartment with full bathroom. It also includes a nice sized kitchen with a small bar to eat at. Further up to the third floor you'll find Unit 3, 2 bedrooms with 1 full bathroom. A central skylight and plenty of windows throughout the home allow for great natural light. A large front living area includes custom bookshelves, and the kitchen is spacious and updated. Also included is a washer and dryer. All the units have side yard access for waste, recycling, and storage. Not to be missed, this property is a wonderful opportunity to own a well maintained part of historic Philadelphia.

Last Agent to Sell the Property

Michael Garden

Compass RE License #RS293814 Listed on: 10/11/2016

Compass RE

Co-Listed By

Anthony Tyler

Compass RE

Compass RE

Last Buyer's Agent

Anthony Tyler

Compass RE

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,944

Year Built

  • Built in 1860

Lot Details

  • 1,500 Sq Ft Lot
  • Lot Dimensions are 20x75
  • South Facing Home

Parking

  • On-Street Parking

Home Design

  • Converted Dwelling
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,396 Sq Ft Home
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 164
  • Assessor Parcel Number 152070100

Community Details

Overview

  • No Home Owners Association
  • Fairmount Subdivision

Building Details

  • Insurance Expense $3,874
  • Maintenance Expense $600
  • Other Expense $300
  • Operating Expense $12,358

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,944

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Inclusions: All Appliances Currently In Property.
  • New Construction: No
  • Other Expense: 300.00
  • Year Built: 1860
  • Remarks Public: Lovely historic, multi-family row home in one of Philadelphia's most beautiful neighborhoods. 2223 Mount Vernon is a fantastic investment opportunity. Enter the property into a shared stairway. The first unit, just recently refinished, includes 1 bedroom, 2 bathrooms, and a powder room on 3 levels. Unique details include gorgeous antique windows by the front entryway, and a spiral staircase that climbs alongside tall custom-built bookshelves. On the main level you'll find a front living space and a newly updated kitchen with stainless steel appliances. On the upper level is a large bedroom with a large full bathroom and ample closet space. On the lower level is a large flex space with a full bathroom. This unit has central AC, and a washer and dryer. In addition, it includes a spacious back patio with well maintained landscaping. Although currently rented, this first unit would make a great owner's unit. The second unit, located on the second floor, is a roomy studio apartment with full bathroom. It also includes a nice sized kitchen with a small bar to eat at. Further up to the third floor you'll find Unit 3, 2 bedrooms with 1 full bathroom. A central skylight and plenty of windows throughout the home allow for great natural light. A large front living area includes custom bookshelves, and the kitchen is spacious and updated. Also included is a washer and dryer. All the units have side yard access for waste, recycling, and storage. Not to be missed, this property is a wonderful opportunity to own a well maintained part of historic Philadelphia.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Entry Location: Common
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2396
  • Living Area Sq Ft: 2396
  • Price Per Sq Ft: 313.02
  • Above Grade Finished Sq Ft: 2396
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2223

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Wall Unit
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 640.00
  • 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: 408106.00
  • Land Assessed Value: 87994.00
  • Land Use Code: U50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 20X75
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1500.00
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 53400.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 965352
  • Tax Annual Amount: 6944.00
  • Assessor Parcel Number: 152070100
  • Tax Lot: 164
  • Tax Year: 2016
  • Close Date: 12/15/2016

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2016
Closed on
Dec 14, 2016
Sold by
Schick Mariann E
Bought by
2223 Mount Vernon Llc
Seller's Agent
Michael Garden
Compass RE
Buyer's Agent
Anthony Tyler
Compass RE
List Price
$750,000
Sold Price
$725,000
Premium/Discount to List
-$25,000
-3.33%
Current Estimated Value
$976,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,437
Avg. Annual Appreciation
3.43%
Original Mortgage
$543,750
Outstanding Balance
$446,889
Interest Rate
3.94%
Mortgage Type
Commercial
Estimated Equity
$526,710

Purchase Details

Closed on
Oct 20, 1993
Bought by
Schick Mariann E
Source: Public Records

Range of Values:

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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
2223 Mount Vernon Llc $725,000 Grateful Abstract Llc
Schick Mariann E $152,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2223 Mount Vernon Llc $543,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2016 12/15/16 Sold $725,000 -3.3% $303 / Sq Ft
10/21/2016 10/21/16 Pending -- -- --
10/11/2016 10/11/16 For Sale $750,000 0.0% $313 / Sq Ft
11/02/2015 11/02/15 Rented $1,000 -9.1% --
10/29/2015 10/29/15 Under Contract -- -- --
08/24/2015 08/24/15 For Rent $1,100 -20.0% --
12/12/2014 12/12/14 Rented $1,375 -14.1% --
12/10/2014 12/10/14 Under Contract -- -- --
08/26/2014 08/26/14 For Rent $1,600 -- --
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 $8,762 $859,800 $171,900 $687,900
2024 $8,762 $859,800 $171,900 $687,900
2023 $8,762 $859,800 $171,960 $687,840
2022 $8,223 $625,934 $171,960 $453,974
2021 $8,223 $0 $0 $0
2020 $8,223 $0 $0 $0
2019 $7,667 $0 $0 $0
2018 $6,944 $0 $0 $0
2017 $6,944 $0 $0 $0
2016 $6,944 $0 $0 $0
2015 $6,648 $0 $0 $0
2014 -- $496,100 $87,994 $408,106
2012 -- $58,272 $11,953 $46,319
Source: Public Records

Agents Affiliated with this Home

  • Michael Garden

    Seller's Agent in 2016

    Michael Garden

    Compass RE

    (215) 500-2981

    106 Total Sales

    Michael Garden
    Section Image

  • A

    Seller Co-Listing Agent in 2016

    Anthony Tyler

    Compass RE

    (267) 970-8276

    12 Total Sales

    Anthony Tyler
    Section Image

  • B

    Seller's Agent in 2015

    Barbara Moore

    Compass RE

    (610) 715-6777

    5 in this area

    8 Total Sales

    Barbara Moore
    Section Image
  • Phil Cappa

    Buyer's Agent in 2014

    Phil Cappa

    BHHS Fox & Roach

    (215) 880-9069

    7 in this area

    56 Total Sales

    Phil Cappa
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003632981

Bright MLS

APN: 152070100

Pennsylvania Philadelphia County Philadelphia 19130 Spring Garden

2223 Mount Vernon St, Philadelphia, PA

This home is located at 2223 Mount Vernon St, Philadelphia, PA 19130 since 11 October 2016 and is currently estimated at $976,437, approximately $407 per square foot. This property was built in 1860. 2223 Mount Vernon St is a home located in Philadelphia County with nearby schools including Bache-Martin School, Benjamin Franklin High School, and St Francis Xavier School.

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