NOT LISTED FOR SALE

2228 Wallace St Philadelphia, PA 19130

Spring Garden Neighborhood

Estimated Value: $944,000 - $1,212,566

-- Bed
3 Baths
3,300 Sq Ft
$327/Sq Ft Est. Value

Last Sold September 09, 2013

Last sale price $547,000 $166 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $6,642/month

36 Days on Market

Highlights

  • Wood Flooring
  • En-Suite Primary Bedroom
  • Laundry Facilities
  • No HOA
  • Forced Air Heating System
  • 5-minute walk to Eastern State Playpen

About This Home

As of September 2013

3 unit property in Fairmount features upgraded electrical service, fire system, heating systems, bathrooms and kitchen and windows. Fully occupied. 2 interior units and 1 garden apartment. Well maintained. Coin-op laundry machines.

Last Agent to Sell the Property

Jennifer Bryan

KB Real Estate Team License #RM424136 Listed on: 06/13/2013

Last Buyer's Agent

Todd Levinson

EXP Realty, LLC License #RS294899

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,118

Year Built

  • Built in 1933

Lot Details

  • 1,148 Sq Ft Lot
  • Lot Dimensions are 18x65
  • Sprinkler System
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • En-Suite Primary Bedroom
  • 3,300 Sq Ft Home
  • Replacement Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile or Brick
  • Vinyl

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 135
  • Assessor Parcel Number 152082400

Community Details

Building Details

  • Income includes laundry
  • Operating Expense $4,118

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,118

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: Coin-Op Washer/Dryer, All Appliances
  • New Construction: No
  • Storage: Basement
  • Year Built: 1933
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Vinyl, Tile/Brick
  • Interior Amenities: Sprinkler System
  • Window Features: Replacement
  • Fireplace: No
  • Entry Location: Common
  • Foundation Details: Stone
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Common
  • Total Sq Ft: 3300
  • Living Area Sq Ft: 3300
  • Price Per Sq Ft: 172.42
  • Above Grade Finished Sq Ft: 3300
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat
  • 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: No
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • 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: 30231.00
  • Land Assessed Value: 11913.00
  • Land Use Code: N50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 18X65
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1148.00
  • Property Condition: Good
  • Zoning: R10A

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 43020.00
  • Income Includes: Laundry
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 965412
  • Tax Annual Amount: 4118.00
  • Assessor Parcel Number: 152082400
  • Tax Lot: 135
  • Tax Year: 2013
  • Close Date: 09/09/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2013
Closed on
Sep 9, 2013
Sold by
Iacono Daniel
Bought by
Vannier Benjamin and Devendeuil Gwendoline S
Seller's Agent
Jennifer Bryan
KB Real Estate Team
Buyer's Agent
Todd Levinson
EXP Realty, LLC
List Price
$569,000
Sold Price
$547,000
Premium/Discount to List
-$22,000
-3.87%
Current Estimated Value
$1,078,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$531,283
Avg. Annual Appreciation
5.47%
Original Mortgage
$410,200
Interest Rate
4.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 27, 2009
Sold by
2228 Wallace Llc
Bought by
Iacono Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 13, 1995
Sold by
Gentner Frederick W and Henry Stephen S
Bought by
Isenberg Daniel J
Source: Public Records

Range of Values:

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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
Vannier Benjamin $547,000 None Available
Iacono Daniel $520,000 None Available
Isenberg Daniel J $90,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vannier Benjamin $380,000
Closed Vannier Benjamin $410,200
Previous Owner Iacono Daniel $413,000
Previous Owner Iacono Daniel $416,000
Previous Owner 2228 Wallace Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2013 09/09/13 Sold $547,000 -3.9% $166 / Sq Ft
07/19/2013 07/19/13 Pending -- -- --
06/13/2013 06/13/13 For Sale $569,000 -- $172 / 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 $9,205 $715,700 $143,140 $572,560
2024 $9,205 $715,700 $143,140 $572,560
2023 $9,205 $657,600 $131,520 $526,080
2022 $7,733 $657,600 $131,520 $526,080
2021 $7,732 $0 $0 $0
2020 $7,732 $0 $0 $0
2019 $7,483 $0 $0 $0
2018 $7,947 $0 $0 $0
2017 $7,947 $0 $0 $0
2016 $7,947 $0 $0 $0
2015 $7,115 $0 $0 $0
2014 -- $567,700 $67,339 $500,361
2012 -- $42,144 $11,913 $30,231
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Bryan

    Seller's Agent in 2013

    Jennifer Bryan

    KB Real Estate Team

    (484) 994-9306

    37 Total Sales

    Jennifer Bryan
    Section Image
  • Todd Levinson

    Buyer's Agent in 2013

    Todd Levinson

    EXP Realty, LLC

    (619) 759-9400

    1 in this area

    65 Total Sales

    Todd Levinson
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003492990

Bright MLS

APN: 152082400

Pennsylvania Philadelphia County Philadelphia 19130 Spring Garden

2228 Wallace St, Philadelphia, PA

This home is located at 2228 Wallace St, Philadelphia, PA 19130 since 13 June 2013 and is currently estimated at $1,078,283, approximately $326 per square foot. This property was built in 1933. 2228 Wallace 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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